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Does Mini Cooper hold value?

Does Mini Cooper hold value?

Do Mini Coopers hold their value? Based on comparable Minis, the Cooper will lose about 72.99\% of its value over the first 10 years (MSRP of $36,330 for a Mini Countryman). This means that Mini Cooper holds up better than, say, a BMW X7, and is roughly on par with similar city cars. Almost no car is a good investment.

What is the average life of a Mini Cooper?

A Mini Cooper can last between 200,000 – 250,000 miles on average when properly maintained and driven conservatively. If you were to drive 15,000 miles per year, a Mini should provide 13 – 17 years of service before requiring uneconomical repairs or breaking down.

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Are second hand Mini Coopers reliable?

The Mini Cooper is a lot better than its reputation when it comes to reliability. In fact, it is perfectly average.

Why is Mini so expensive?

Higher costs for services such as oil changes are thanks to Mini’s luxury owner, BMW. Another factor that makes the Mini Cooper more expensive overall is its need for premium gasoline, AxleAddict explains. When a Cooper needs repairs needed, they tend to cost more, too.

Do Mini Coopers cost a lot to repair?

The average total annual cost for repairs and maintenance on a Mini Cooper is $846, compared to an average of $456 for subcompact cars and $652 for all vehicle models.

How often should I change my oil in a Mini Cooper?

every 4,000 to 6,000 miles
All MINI vehicles should receive an oil change every 4,000 to 6,000 miles, and precise oil change frequency guidelines are laid out in your owner’s manual. However, there are always other factors to keep in mind.

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When should I change my oil Mini Cooper?

It is recommended that you have a MINI Cooper engine oil change every 4,000 to 6,000 miles. Your MINI vehicle requires BMW Genuine Oil with a viscosity grade of SAE 0W-30, which a certified MINI service center will always have on hand.

How much does it cost to maintain a Mini Cooper?

The annual maintenance cost of a Mini Cooper is $846. Repair and maintenance costs vary depending on age, mileage, location and shop.

What are the most common problems in Mini Cooper repair?

One of the most common problems in MINI Cooper repair involves the coolant system. The water pump is most significantly affected. Fixing this problem can be a pretty penny so it’s important to have your car serviced before this happens. Many mechanics recommend replacing the water pump and thermostat no later than 50,000 miles.

How reliable is a Mini Cooper?

The other factors that contribute to Mini reliability include an average of 0.6 visits to a repair shop per year and a 13\% probability of a repair being severe. There are 437 related questions for Mini Cooper vehicles.

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How much does it cost to replace a Mini Cooper cable harness?

Depending on the model year and severity of the problem, a replacement cable harness can run between $550 to $700. According to carcomplaints.com, most complaints involve the 2002 Mini Cooper and costs around $4,000 to repair.