The second-generation MINI has proved to be hugely popular with UK buyers in the five years since it was launched. Like its predecessor, the new car has now achieved something of a cult following and is one of the few cars on the market to be held in equal regard across the entire demographic make-up of the car buying public.
High build quality, appealing design and excellent performance and handling characteristics all combine to justify its position as one of the country's most ?in-demand? cars.
?In valuation terms the MINI has achieved a remarkable performance, particularly for a car that is now in its fifth year,? says Richard Crosthwaite Specialist Car Editor at EurotaxGlass's. ?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, EurotaxGlass's industry ?bible? for used car valuation, states that MINI One retains 66 per cent over three year and 36,000 miles. Other star performers worthy of note are the Honda Jazz 1.4 dsi (62 per cent) and the Porsche Boxster 2.7 (62 per cent).
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About EurotaxGlass's
William Glass first published Glass's Guide to Car Values in 1933 and July 2003 marked 70 years of the motor trade's ?Bible?. In 2000 Glass's merged with Eurotax, forming EurotaxGlass's - Europe's leading supplier of automotive business intelligence across 28 countries. The merger has created a group with unrivalled resources and knowledge.
Today, EurotaxGlass's offers products and solutions that are essential at every stage of the vehicle lifecycle ? from valuation, technical and fleet management data, through to estimating, bodyshop and dealer management systems and web-based services. Recent developments include valuation data for consumers ? offered via the Glass's Motoring Guide website (www.glass.co.uk) ? and the pan-European Market Intelligence Service that provides bespoke data and analysis for the industry at large.
