BMW’s Oxford, UK-built Mini holds its value better over three years than any other car on sale in Britain, according to car price guide specialist EurotaxGlass’s.
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It said that after five years on sale, the second generation model, like its predecessor, has achieved a cult following and is one of the few cars on the market to be held in equal regard by all types of car buyer.
High build quality (though a respected UK consumer guide mentions quality niggles), appealing design and excellent performance and handling characteristics all combine to justify its position as one of the country’s most ‘in-demand’ cars, according to EurotaxGlass’s.
“In valuation terms the Mini has achieved a remarkable performance, particularly for a car that is now in its fifth year,” said spokesman Richard Crosthwaite. “Demand for the car remains sky-high thanks to its very obvious virtues. In terms of residual value, it is rare for a car to outperform the best of the prestige sector, particularly the established star performers such as Porsche.”
Glass’s Guide currently says that the base model Mini One retains 66% of purchase price over three year and 36,000 miles. Other star performers include the Honda Jazz (Fit) 1.4 (62%) and the Porsche Boxster 2.7 (62%).
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