MG IM5 vs Honda Accord
A detailed look at how two of Australia's most popular Sedans compare on price, running costs, safety, and everyday livability.
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 MG IM5 starts from $55,450 before on-road costs, while the Honda Accord opens at $54,250. That makes the Honda Accord the more affordable entry point by $1,200.
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. Estimated driveaway prices sit around $60,990 for the MG IM5 and $64,900 for the Honda Accord.
The MG IM5 qualifies for FBT exemption as an electric vehicle, which can dramatically reduce the effective cost for novated lease buyers. The Honda Accord, as a petrol model, does not qualify.
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
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 MG IM5 features a 26.3-inch touchscreen, while the Honda Accord gets a 12.3-inch display and 10.2-inch instruments. Apple CarPlay and Android Auto are standard across both.
The MG IM5 stands out with panoramic roof, heated front seats, ventilated seats and V2L that you will not find on the Honda Accord. The Honda Accord counters with Bose audio. Which feature set matters more depends on your daily routine and priorities.
Interior trim differs: the MG IM5 gets synthetic leather upholstery while the Honda Accord offers leather.
Drivetrain
The MG IM5 uses a Electric producing 217kW and 450Nm of torque, sent through a auto to a RWD layout.
The Honda Accord responds with a Hybrid making 135kW and 335Nm, paired to a automatic driving the front wheels. It gets to 100km/h in 7.8 seconds.
The MG IM5 has the clear power advantage at 217kW vs 135kW. For most buyers, the way each car feels day-to-day matters more than outright acceleration.
Space & Comfort
The MG IM5 measures 4,931mm long on a 2,950mm wheelbase, 44mm shorter than the Honda Accord at 4,975mm (2,830mm wheelbase). The longer wheelbase on the MG IM5 generally means more rear legroom.
Boot space is 457L in the MG IM5 and 570L in the Honda Accord, giving the Honda Accord a 113L advantage.
Turning Circle
Kerb-to-kerb diameter. Smaller turns easier in tight carparks and U-turns.
11.4m diameter
Average
Based on 11.4m turning circle:
- U-turn on standard street (7m+ wide)
- Standard parking bay
- Tight carparks
- Narrow laneways
Turning circle ratings
True Cost to Own
Running cost data is not yet available for both models. We will update when figures are confirmed.
Warranty: 7 years (MG IM5) vs 5 years / 999,999km (Honda Accord). The MG IM5 has longer coverage. Capped-price servicing: —5yr (Honda Accord).
Who Should Buy Which?
Buy the MG IM5 if: You prioritise performance, value a longer warranty, or prefer MG's approach to design and ownership experience.
Buy the Honda Accord if: You want the lower entry price, need more boot space, or prefer Honda's approach to design and ownership experience.
The Verdict
The MG IM5 takes 4 of 6 key spec categories. If boot space matters, the Honda Accord 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, MG IM5 and Honda Accord?
The Honda Accord is the cheapest at $54,250 before on-road costs. That undercuts the MG IM5 by $1,200.
Which is the most fuel-efficient?
The Honda Accord uses the least fuel at 4.3L/100km on the combined cycle.
What are the ANCAP safety ratings?
None of MG IM5 and Honda Accord carry a published ANCAP rating yet — check back as they are tested.
Which has the most boot space?
The Honda Accord has the largest boot at 570L.
Which can tow the most?
The Honda Accord has the highest braked towing capacity at 1,000kg.
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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