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FAQ

General

The MG Exchange Program allows customers to trade in their old vehicle at an authorized MG dealership and adjust its value against a new MG vehicle purchase, or buy an MG Exchange Certified Used vehicle that has been acquired under this program.

Customers who want to trade in (sell) their old vehicle to the dealership for a new MG purchase, or purchase an MG Exchange Certified Used vehicle available through authorized MG dealerships.

All exchange and MG Exchange Certified Used vehicle sales under this program are processed through authorized MG dealerships only.

Trade-in Customers (Buying New MG)

You sell your old vehicle to the dealer after an inspection. The dealer determines the trade-in value and adjusts it against the price of the new MG vehicle. Any remaining difference is payable by the customer.

Yes. Your old vehicle is inspected before a trade-in value is determined.

Trade-in value is determined based on fair market evaluation, vehicle condition, and document verification.

Yes. The trade-in value is adjusted against the price of the new MG vehicle.

Any remaining price difference after adjusting the trade-in value is payable by the customer.

Yes. You will receive ongoing campaign benefits applicable to the new MG vehicle.

The trade-in value is adjusted against the new vehicle price, and you also receive ongoing campaign benefits applicable to the new MG vehicle.

The trade-in process includes document verification. The dealership will guide you on the required documents as part of verification.

The vehicle is purchased after inspection and document verification, so acceptance depends on meeting those requirements.

MG Exchange Certified Used Vehicles

It is a vehicle acquired under the MG Exchange Program after selling the old vehicle to the authorized MG dealerships and paying the differential amount after inspection.

They are sold only after a 36-point inspection and document verification.

Only through authorized MG dealerships.

Yes, they come with warranty coverage.

6 months.

10,000 km (whichever comes first - 6 months or 10,000 km).

Warranty parts and labor charges.

The company bears the warranty cost.

Warranty coverage applies until 6 months or 10,000 km, whichever comes first. After that, warranty coverage under this program ends.

Yes. MG Exchange Certified Used vehicles are sold only after document verification.

Additional Clarifications

Yes. Customers purchasing a new MG through exchange will receive ongoing campaign benefits applicable to the new MG vehicle.