The entry point for a Cooper S has always been competitive against other pocket-size hot hatches. Being only slightly more costly than its predecessor, the new Mini continues the theme.

It’s marginally cheaper than the Clio RS 200 and Peugeot 208 GTI, and considerably more affordable than the Audi S1. The Fiesta ST remains the best value, although it’s worth noting that the higher-spec ST-2 is only slightly less than the Cooper S and will probably depreciate more.

The variable damper set-up should really be a standard-fit item

In terms of running costs, there’s little to choose between any of them. Mini quotes 49.6mpg combined for the Cooper S (we managed 53.7mpg on a cruise and 34.9mpg overall). Considered alongside its 133g/km CO2 emissions, that might make it the class leader, but the difference is so slender that it’s unlikely to sway would-be buyers one way or the other.

Comparative equipment levels ought to be more persuasive. The Cooper S covers the basics (air-con, Bluetooth, DAB, sports seats) but, typically, its options list is long and distinguished by items that really ought to be standard.

Most shoppers in this segment, for example, will baulk at the idea of owning a quick supermini with 16-inch wheels and rightly grumble at the prospect of parting with £450 to make them grow by an inch.

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As before, the potential for personalisation is good, but Mini’s rivals have long since cottoned on to this concept.

The Mini's forecasted residual values lose out to the much pricier A1 – just – but expect it to compare better with the Audi at a like-for-like price point. The Alfa Romeo Mito 1.4 TB MultiAir, for further comparison, will lose its value faster and more significantly.

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