Fiat 500e vs MG IM5
Two electric Sedans go head to head. Which EV is the better buy for Australian drivers in 2026?
Specifications and pricing correct at time of publishing. Prices are RRP before on-road costs unless stated otherwise. Always confirm with the manufacturer or dealer before purchasing.
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Price Breakdown
The Fiat 500e starts from $52,500 before on-road costs, while the MG IM5 opens at $55,450. That makes the Fiat 500e the more affordable entry point by $2,950.
Once you factor in stamp duty, registration, CTP insurance, and dealer delivery, expect to add roughly 8-12% on top of the RRP depending on your state. That puts estimated driveaway prices in the ballpark of $57,750 and $60,995 respectively.
Both models qualify for Fringe Benefit Tax (FBT) exemption, which is a significant advantage for salary-sacrificed novated leases. Depending on your tax bracket, this can save $5,000-$15,000+ per year compared to an equivalent ICE vehicle.
Safety Rundown
ANCAP safety ratings have not been published for both models yet. We will update this section when crash test results are available.
Charging Times
How long each takes to charge — from a household power point to ultra-rapid DC — estimated from battery size and max charge rates.
How long to charge
42kWh usablePublic DC
50kW charger · 0–80%
Ultra-rapid DC
up to 85kW · 0–80%
Estimates from usable battery size and the car's max charge rates (11kW AC, 85kW DC). Real times vary with temperature, starting charge, charger output and the charging curve.
How long to charge
75kWh usablePublic DC
50kW charger · 0–80%
Ultra-rapid DC
up to 153kW · 0–80%
Estimates from usable battery size and the car's max charge rates (11kW AC, 153kW DC). Real times vary with temperature, starting charge, charger output and the charging curve.
Feature Showdown
The Fiat 500e features a 10.3-inch touchscreen paired with a 7-inch digital dash, while the MG IM5 gets a 26.3-inch display. Apple CarPlay and Android Auto are standard across both.
The Fiat 500e stands out with Apple CarPlay and BeatsAudio audio that you will not find on the MG IM5. The MG IM5 counters with wireless Apple CarPlay/Android Auto, wireless charging, panoramic roof, heated front seats, ventilated seats, power tailgate and V2L. Which feature set matters more depends on your daily routine and priorities.
Interior trim differs: the Fiat 500e gets leatherette upholstery while the MG IM5 offers synthetic leather. Climate control is 1-zone in the Fiat 500e and 2-zone in the MG IM5.
Drivetrain
The Fiat 500e uses a Electric producing 87kW and 220Nm of torque, sent through a single-speed automatic to a FWD layout. It covers the 0-100km/h sprint in 9 seconds.
The MG IM5 responds with a Electric making 217kW and 450Nm, paired to a auto driving the rear wheels.
The MG IM5 has the clear power advantage at 217kW vs 87kW. For most buyers, the way each car feels day-to-day matters more than outright acceleration.
Battery: 42kWh (Fiat 500e) vs 75kWh (MG IM5), giving WLTP ranges of 311km and 490km. DC fast charging peaks at 85kW (Fiat 500e) vs 153kW (MG IM5).
Space & Comfort
The Fiat 500e measures 3,631mm long on a 2,322mm wheelbase, 1300mm shorter than the MG IM5 at 4,931mm (2,950mm wheelbase). The longer wheelbase on the MG IM5 generally means more rear legroom.
Boot space is 185L in the Fiat 500e and 457L in the MG IM5, giving the MG IM5 a 272L advantage. The MG IM5 seats 5 vs 4.
0Turning Circle
Kerb-to-kerb diameter. Smaller turns easier in tight carparks and U-turns.
9.3m diameter
Excellent
Based on 9.3m turning circle:
- U-turn on standard street (7m+ wide)
- Standard parking bay
- Tight carparks
- Narrow laneways
Turning circle ratings
Interactive simulator — U-turns, parking & towing
Turning Circle
Kerb-to-kerb diameter. Smaller turns are easier in tight carparks and U-turns.
Excellent
Clears the U-turn in one swing
Needs about 8.2 m of road; you have 9.0 m.
U-turn on a wide street
≥ 10 m — clears in one
U-turn on a standard street
7 m — 3-point turn
Standard parking bay
1.7 m wide — fits with room
Tight carpark aisle
6 m — swings in
Narrow laneway
3.5 m — no room to turn
Turning circle ratings
Standard widths: AU local streets carry ~5.5–7 m of carriageway; main roads ~9–12 m. AS 2890.1 carpark aisles are ~5.8–6.6 m for 90° bays (2.6 m wide × 5.4 m deep).
Road, aisle, swing and off-tracking figures are indicative estimates from the published turning circle. Verify in person before relying on them.
True Cost to Own
Running cost data is not yet available for both models. We will update when figures are confirmed.
Warranty: 3 years / 150,000km (Fiat 500e) vs 7 years (MG IM5). The MG IM5 has longer coverage.
Who Should Buy Which?
Buy the Fiat 500e if: You want the lower entry price, or prefer Fiat's approach to design and ownership experience.
Buy the MG IM5 if: You prioritise performance, need more boot space, value a longer warranty, or prefer MG's approach to design and ownership experience.
The Verdict
The MG IM5 takes 7 of 8 key spec categories. If boot space matters, the MG IM5 has a clear edge. The MG IM5 adds peace of mind with a longer 7-year warranty. The best pick depends on what you value most. Explore the full specs for each model below.
Common questions
Which is cheapest, Fiat 500e and MG IM5?
The Fiat 500e is the cheapest at $52,500 before on-road costs. That undercuts the MG IM5 by $2,950.
Which has the longest driving range?
The MG IM5 has the most range at 490km (WLTP).
Which charges fastest?
The MG IM5 accepts the highest DC charging at up to 153kW.
Which is safest?
They are evenly matched — Fiat 500e all hold a 4-star ANCAP rating. Compare the active-safety features above to separate them.
Which has the most boot space?
The MG IM5 has the largest boot at 457L.
Which has the best warranty?
The MG IM5 has the longest warranty at 7 years / Unlimited.
Which is the most powerful?
The MG IM5 makes the most power at 217kW.
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Disclaimer: All information in this comparison was believed to be correct at the time of publishing (20 April 2026). Prices are manufacturer recommended retail prices (RRP) and may vary by state, dealer, and options. Driveaway costs include estimated on-road costs for Victoria. Fuel economy figures are WLTP/ADR combined cycle. Specifications can change without notice. Always verify with the manufacturer before making a purchase decision. CarSorted does not accept payment for recommendations.
Auto-generated from CarSorted's specification data · 20 April 2026
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