The new Mini keeps its value better than any other car on the market, according to a survey published today.
After three years and 36,000 miles, it retains 66 per cent of its original price, the survey found.
The car, an updated version of the classic Mini, was launched by owners BMW in 2001 and quickly gained cult status.
In the survey, it beat the Porsche Boxster 2.7 and Honda Jazz 1.4dsi into joint second place.
Both cars sold at 62 per cent of their original price 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 outper-form the best of the prestige sector, particularly the established star performers such as Porsche."
The new Mini divided car enthusiasts on its release. Some Mini clubs refused to allow entry to owners of the new car.
Others saw it as a natural update of the distinctive small car first produced in the UK in 1959.
The results are published in Glass's Guide, the industry guide to car valuation.