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What is Mini depreciation?
I really like the look of Mini Coopers but I hear a lot of mixed opinions about Mini as an auto brand. I’d like to learn a little more, so my question is: what kind of depreciation do Minis have?
Mary Cahill · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Depreciation rates are all over the map. Mini depreciation rates are a little different depending on which model you drive. Depreciation measures the rate at which a vehicle loses its value, and plays a significant role in determining the resale price when it’s sold used.
A
Mini Cooper S
has a depreciation rate of 46% after five years. If you sell a five-year-old Cooper S, it will be worth about $13,000 less than it cost brand new. The starting MSRP for a 2023 Mini Hardtop 2 Door Cooper S is $31,750. The larger
Mini Clubman
has a better depreciation rate of 31% after five years. If you sell a five-year-old Clubman in good condition, the price will be around $27,528. One way to keep your Mini in good working order is to keep it protected with good
car insurance
. Find savings on your Mini insurance costs
in just a few minutes by browsing rates with the Jerry
app. Jerry is a
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- Gregory R.
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