Real example report · worked calculation, not a quotation
MG HS Trophy 2024
Every example uses the same standard scenario: 7,400 miles a year, 3-year ownership, finance purchase. So the figures compare directly across cars.
- Make
- MG
- Model
- HS Trophy
- Year
- 2024
- Fuel
- Petrol
- Engine
- 1.5 L
- CO2
- 168 g/km
Total cost of ownership
Source data: Read from one real 73 Auto report, calculated under the standard scenario stated above.Calculated as the report's annual ownership cost (£6,744) x the 3-year ownership period. Not a figure printed in the source report.
Cost breakdown
Every category this report covers, largest first.
Quick answers
?What does it cost to own a MG HS Trophy 2024?
In this real 73 Auto example, total cost of ownership for this MG HS Trophy 2024 is £562/month (£6,744/year), based on 7,400 miles/year over a 3-year finance ownership scenario.
?What are the running costs of a MG HS Trophy 2024?
Day-to-day running costs, including fuel / energy, insurance and service & MOT and 5 other costs, total £3,327/year (£276/month) in this example, excluding depreciation and finance.
?What is the road tax (VED) for a MG HS Trophy 2024?
VED (road tax) for this MG HS Trophy 2024 is £180/year in this example.
?What is the depreciation on a MG HS Trophy 2024?
Depreciation accounts for £2,327/year (35% of the total cost) for this MG HS Trophy 2024 in this example.
What drives this cost
For this MG HS Trophy 2024, Depreciation is the largest ownership-cost category, making up 35% of the annual total (£2,327/year of £6,744/year). That is well ahead of the next-largest category, Finance / Leasing, at 16%, a gap of 19 percentage points. Depreciation and finance together make up 51% of the annual cost, while day-to-day running costs (fuel/energy, insurance, servicing, maintenance, tax, tyres and roadside assistance combined) make up 50%. As a petrol vehicle, fuel costs are calculated from a fuel price of £1.40/litre at 46mpg, making up 15% of the total.
What this example is
This is a worked example for one specific vehicle under the stated assumptions, not a quotation or financial advice. A different registration, condition, location, driving pattern, insurance profile or finance agreement will produce a different result. See the methodology and data sources behind this figure.
For what these figures add up to and why, see what Total Cost of Ownership means and UK car running costs.
