MG 5 Value in Singapore

39 used MG 5 listings tracked. Median asking price $86,888. See PARF rebate, depreciation per year, trade-in value benchmarks, and whether prices are rising or falling.

Price by Registration Year

Year Typical price Depre/yr Listings
2026$196,000 – $250,000~$21,100/yr4
2024$118,000 – $132,000~$15,400/yr3
2023$126,000 – $131,500~$17,200/yr5
2021$78,000 – $99,000~$16,300/yr11
2020$77,000 – $85,000~$17,200/yr13

Asking prices from live listings, outliers removed. Updated 2026-08-18.

Dealers actively trading the MG 5

These dealers currently list or recently sold this model — useful to know who actually wants your car before you collect trade-in quotes.

Dream Selection Pte Ltd

2 listed now · $79,888 – $83,388

View stock →

SG Car Choice Pte. Ltd.

1 listed now · $117,997

View stock →

Motor Universe Credit Pte Ltd

1 listed now · $131,800

View stock →

Quan Feng Motors (Singapore) Pte Ltd

1 listed now · $121,800

View stock →

Based on 4 dealers we track on SGCarMart. Updated 2026-08-18.

PARF Rebate Schedule

The PARF rebate depends on when your car was registered. Singapore uses three schedules:

Vehicle Age Pre-Feb 2023 Feb 2023-Jan 2026 From Feb 2026
5 years75%75% (cap $60k)30% (cap $30k)
6 years70%70% (cap $60k)25% (cap $30k)
7 years65%65% (cap $60k)20% (cap $30k)
8 years60%60% (cap $60k)15% (cap $30k)
9 years55%55% (cap $60k)10% (cap $30k)
10+ years50%50% (cap $60k)5% (cap $30k)

COE rebate is prorated by remaining months out of 120. PARF drops in step function on exact registration anniversary.

Selling your MG 5? PARF value and trade-in

If you're deregistering, your MG 5's PARF value is a fixed percentage of the ARF you paid — the exact figure is shown on your OneMotoring vehicle details. If you're selling or trading in, that paper value is your floor: dealers price their offer from it, typically $2,000–$5,000 below the private-sale market. The current median asking price for a used MG 5 is $86,888. Check current COE prices too — rising premiums lift used values within weeks. Know both numbers before you collect a single quote. When you're ready, our step-by-step guide to selling to a dealer covers quotes, inspection and handover — or start with how much your car is actually worth.

Key Depreciation Factors

  • Mileage — lower mileage cars command a premium; high mileage reduces value
  • COE remaining — more months left means more residual value
  • Service history — agent-maintained with full records adds value
  • Market supply — more listings of the same model pushes prices down
  • Condition — accident-free, original paint, no modifications

What's your MG 5 actually worth?

Get a free instant estimate — no documents, no signup. Want the exact number, guaranteed? The full report is $15.99, refunded if we're wrong.

Get my free estimate

Other MG Models

MG 4 MG ZS EV MG HS MG S5 EV

Related Articles

How the 2026 PARF changes affect your car's value The PARF Cut Is Permanent. The EV Rebates Aren't. Do the Math.
← Back to Market Trends