Depreciation & used values · Hatchback
MG MG3 depreciation
The MG MG3 loses about 46% of its value in its first three years. From a list price of £21,500, a 2023 example with around 23,500 miles on the clock is worth about £11,200 today. The year-by-year table below values every age of MG3 at its typical mileage, from the same model behind its full profile.
How this curve is built — the level is pinned to a researched used-market price for this model (AutoTrader median, 2023 at 30k miles). The curve shape itself is a segment-level model shared with similar cars, not a per-model measurement, so treat the year-on-year pattern as indicative and the anchored year as the firm point.
Value by registration year
What a used MG3 is worth, year by year
Each row values that year's MG3 at its typical mileage (7,782 miles a year). The headline is the midpoint of a private sale and a dealer forecourt price; the range reflects condition and history.
| Reg year | Age | Typical miles | Est. value | Likely range | Of new price |
|---|---|---|---|---|---|
| 2026 | <1 yr | 4,000 | £20,150 | £17,650–£22,700 | 94% |
| 2025 | 1 yr | 8,000 | £14,350 | £12,500–£16,200 | 70% |
| 2024 | 2 yrs | 15,500 | £12,700 | £11,000–£14,400 | 65% |
| 2023 | 3 yrs | 23,500 | £11,200 | £9,700–£12,750 | 64% |
| 2022 | 4 yrs | 31,000 | £9,300 | £8,000–£10,600 | 64% |
| 2021 | 5 yrs | 39,000 | £8,000 | £6,850–£9,150 | 64% |
| 2020 | 6 yrs | 46,500 | £7,350 | £6,250–£8,450 | 64% |
| 2019 | 7 yrs | 54,500 | £6,700 | £5,700–£7,750 | 64% |
| 2018 | 8 yrs | 62,500 | £6,050 | £5,100–£7,000 | 64% |
Values are the Forecourt model's estimate at each age's typical mileage, not offers. For a specific mileage, trim and region, use the full MG3 profile →
The depreciation curve
Share of original value retained by age (to 8 years). The same curve drives the interactive chart on the profile.
MG3 depreciation — quick answers
How much does a MG MG3 depreciate?
The MG MG3 loses about 46% of its value in the first three years. A 2023 example with around 23,500 miles is worth about £11,200 today.
What is a 2023 MG MG3 worth?
A 2023 MG MG3 at a typical 23,500 miles is worth about £11,200 — likely between £9,700 and £12,750 depending on condition and history.