The advantages of the proposed novel magnetic energy-harvesting suspension (MEHS) are high safety, compact structure and convenient maintenance, compared with the previous studies. However, the force generated by the energy harvester with harvesting energy can affect the motion of the mechanical system. Therefore, this paper aims to analyze the ride comfort and road handling of the MEHS, and investigates the dynamic performance of the MEHS. Firstly, the structure and the working principle of the MEHS are illustrated and introduced, and the dynamic mechanism of the quarter-vehicle with the MEHS is revealed and investigated. Secondly, the effects of the electromechanical coupling coefficient and external load resistance on the dynamic performance are investigated by numerical calculation. An experimental setup is established to verify the dynamic performance of the proposed MEHS. According to the experimental results, the dynamic performance of the suspension is contradictory with the increase of the external load resistance at the periodic frequency 7 Hz. And compared with the passive suspension, the dynamic performance of the MEHS is changed at various excitations, in which the sprung displacement and relative dynamic load of the tire of MEHS at the periodic frequency 3.3 Hz are reduced by 39.45% and 41.18%, respectively. Overall, the external load resistance of the proposed MEHS can be utilized to realize the variable damping of the suspension system and reduce the effect of vibration on the suspension system at the resonance frequency. And the dynamic performance has been verified in the laboratory, which lays the foundation for the dynamic analysis in a real vehicle.