The MG ZS was Australia’s 13th best-selling vehicle in 2025, one of the most affordable small SUVs available. Its low price makes it a common first new car. New ZS prices run from $21,990 to $29,990, and NIK Finance compares car loans across 130+ lenders to find the right one for you.
An estimate is fine. You can change it later.
| MG ZS | |
|---|---|
| New price (2026 range) | $21,990 to $29,990 |
| Body types | SUV |
| 2025 new sales | 20,000 (13th in Australia) |
Prices are list prices from Carsguide, based on Glass’s pricing data. Drive-away prices are higher once on-road costs such as registration and stamp duty are added.
The amount you borrow sets your repayments, and on a ZS it depends mostly on the variant and your deposit. These are the loan amounts before on-road costs, which some lenders let you include in the loan.
| Price point | No deposit | 10% deposit | 20% deposit |
|---|---|---|---|
| Entry price ($21,990) | $22,000 | $20,000 | $17,500 |
| Middle of the range ($26,000) | $26,000 | $23,500 | $21,000 |
| Top of the range ($29,990) | $30,000 | $27,000 | $24,000 |
With a new ZS listed from $21,990, the loan is smaller than for most new cars, which keeps repayments low but changes which products fit. Some car lenders set minimum loan amounts, and for a small balance a secured personal loan can be worth comparing. First-time borrowers with a short credit history are assessed more on their job, income and savings history, so having those in order matters more than usual.
See no deposit car loans and bad credit car loans if your history is patchy.
Lenders finance used cars but limit how old a vehicle can be when the loan ends, so the model year affects the term you can get. Here is what earlier ZSs sell for, and how old each would be at the end of a 5- or 7-year loan.
| Model year | Used price range | Age at end of a 5-year loan | Age at end of a 7-year loan |
|---|---|---|---|
| 2023 | $13,420 to $20,900 | 8 years | 10 years |
| 2021 | $10,890 to $17,820 | 10 years | 12 years |
| 2018 | $7,810 to $14,520 | 13 years | 15 years |
Used prices are Glass’s pricing data via Carsguide and vary with kilometres, condition and variant. Read more about used car loans.
Set to the entry price of a new ZS. Adjust the price, deposit, term, rate and balloon to see the repayments for the ZS you want. Your actual rate depends on your credit profile and the lender.
$352.51 a month at 7.5% p.a.
Car loan rates range from under 6% to over 20% depending on your credit profile, and dealer finance is rarely the sharpest. Your Kreddi Score shows your approval odds and likely rate before you apply, so a decline never lands on your credit file.
Estimates use average lender assumptions and are not an offer of credit. Your actual position depends on which of our 130+ lenders assesses you.
A new MG ZS is listed from $21,990 to $29,990 for the 2026 range. With a 10% deposit you would borrow about $20,000 for the entry variant or $27,000 for the top variant, before on-road costs. The repayment calculator on this page shows what that costs each month at the rate you enter.
Yes. A 2023 MG ZS sells for about $13,420 to $20,900 used. Lenders also consider how old the car will be when the loan ends: a 2023 model would be 10 years old at the end of a 7-year loan, so an older ZS may mean a shorter term.
Often, yes. Without a credit history, lenders rely more on your job, income and bank statements. A deposit, steady employment and no missed bills on your statements all strengthen the application.
A secured car loan, where the car is the security, usually has a lower rate than an unsecured personal loan. For a small amount, compare both, including fees, because some lenders set minimum car loan amounts.
Answer a few quick questions to see how lenders will view you for a ZS, then get a broker’s call back with real rates. No credit check.
Sources
Last reviewed 18 October 2026
NIK Finance Pty Ltd (ACN 685 393 917) is a Credit Representative (567387) of Finsure Finance & Insurance Pty Ltd (Australian Credit Licence 384704). This page is general information only and does not constitute financial advice. Consider your personal circumstances and speak with a licensed broker before applying for credit.