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2002 MINI Cooper
Invoice: $14,790 - $14,790
Miles Per Gallon
City: 27 MPG
Highway: 37 MPG
Body Style: Hatchback
Engines: 1.6L I-4 115 HP
The eagerly awaited Mini has arrived with the emotional appeal of a puppy, the high-style gloss of a fashion magazine and the technological edge of a Los Alamos lab. It is adorable, roadable and affordable. BMW has managed to meld the inherent incongruities of the German and British car culture and reached back to the 1960s for the automotive icon of mod London. The popular Mini thus reappears as the Mini, reinvented for the 21st century. A third larger than the original Issigonis design, this Mini is still the shortest car in American parking spaces and still larger on the inside than on the out. It totes four adults and a fair amount of stuff. Though connected to its popular past, the new Mini is clearly of this century with advanced safety features and impressive engineering innovation. BMW priced the Mini with an appreciation for real-world pocketbooks (starting at $16,300) yet endowed it with a visual and physical opulence that ratchets up its value quotient. And finally: it's as much fun as patent-leather Mary Janes with taps on the toes.
Purchasing an older vehicle, such as the 2002 MINI Cooper, makes good financial sense. You're able to avoid the steep depreciation rates that occur with brand new vehicles. This essentially gives you the advantage of getting a 2002 MINI Cooper for less money than when it was new. If the 2002 MINI Cooper was properly maintained, you also have a good chance of steering clear of problems that would have developed when the car was new.
The amount you pay for an older car depends on various factors. One important element is where you buy the vehicle. You're likely to get a better deal if you buy it from a private party, as opposed to a dealer. On the other hand, a reputable dealer will normally have some kind of limited warranty, so you can drive away knowing that if the car breaks down right away, you'll be covered. Another factor that may affect price on a 2002 MINI Cooper is whether it's "certified" by the manufacturer. A certified vehicle will cost more because warranty service is provided that normally doesn't come with a used car.
Another dynamic that will play into the purchase price is the resale value. A used vehicle with a high resale value will obviously cost you more. It is expected that the 2002 MINI Cooper will have a excellent resale value. This assumes that the 2002 MINI Cooper is in good condition and has a reasonable number of miles.
Find a used 2002 MINI Cooper for sale at CarsDirect.
