Mini Convertible value and depreciation
Known for open-top version of the hatch.
Projected value of a new Mini Convertible
We class the Mini Convertible as a premium (established) in our 12-tier model, which puts its retention at roughly 59% after three years and 43% after five. German and established luxury compacts and mid-sizers. A hard first-year knock, then steady losses that accelerate once the motorplan expires.
Retention table
| After | Retained | Retail value | Trade-in |
|---|---|---|---|
| 1 year | 79% | R 547 943 | R 482 190 |
| 3 years | 59% | R 410 326 | R 361 087 |
| 5 years | 43% | R 299 355 | R 263 432 |
| 7 years | 31% | R 215 527 | R 189 664 |
| 10 years | 19% | R 129 081 | R 113 591 |
Estimates for a new purchase at R 696 402; retail basis, trade-in ≈ 12% under retail.
Mini's Convertible has been the open-top companion to the hatch in South Africa since the mid-2000s. It sells in small numbers to a lifestyle audience with few direct rivals left. Used examples trade on condition and specification more than mileage.
What used Convertible years are worth today
Tap a year for the full breakdown: value range, remaining depreciation, and what to pay.
| Year | Est. retail today | Trade-in | |
|---|---|---|---|
| 2026 Convertible | R 696 402 | R 612 834 | Details → |
| 2025 Convertible | R 519 378 | R 457 053 | Details → |
| 2024 Convertible | R 426 017 | R 374 895 | Details → |
| 2023 Convertible | R 349 439 | R 307 506 | Details → |
| 2022 Convertible | R 282 910 | R 248 961 | Details → |
| 2021 Convertible | R 229 047 | R 201 561 | Details → |
| 2020 Convertible | R 185 439 | R 163 186 | Details → |
| 2019 Convertible | R 148 161 | R 130 382 | Details → |
| 2018 Convertible | R 118 378 | R 104 173 | Details → |
| 2017 Convertible | R 94 581 | R 83 231 | Details → |
| 2016 Convertible | R 75 568 | R 66 500 | Details → |
| 2015 Convertible | R 60 377 | R 53 132 | Details → |
Convertible against its rivals
Mini Convertible: common questions
What is a Mini Convertible worth after 3 years?
A Mini Convertible bought new today for R 696 402 is projected to be worth about R 410 326 after three years, which is 59% of its price. A dealer trade-in offer would sit closer to R 361 087.
Does the Mini Convertible hold its value?
We class the Mini Convertible as a premium (established) in our 12-tier model, which puts its retention at roughly 59% after three years and 43% after five. German and established luxury compacts and mid-sizers. A hard first-year knock, then steady losses that accelerate once the motorplan expires.
What does a used Mini Convertible cost?
As a guide: a 2024 model is worth about R 426 017 retail today, while a 2015 model sits around R 60 377. Condition, mileage and spec move real prices by 10% or more either way.
What would a Mini Convertible cost per month?
Financing a new Mini Convertible at R 696 402 over 72 months at 11.75% with a 10% deposit comes to roughly R 12 172 per month before bank fees and insurance.
Keep going
All figures are modelled estimates for planning, not offers or valuations. Data reviewed 2026.