The second-generation BMW Mini has jumped in where its predecessor left off – stylish supermini transport with jaw-dropping residual values and a P11D well above average when you’ve chucked in necessary extras like aircon.

But what about the entry-Mini, known as the One? Always seen as the poor relation of the range because most people plump for Cooper or Cooper S models, the One now offers 95PS from a 1.4-litre petrol engine, which means 128g/km and an average 53.3mpg.

The One still has the roller-skate-like characteristic of the Mini, and predictably feels a little underpowered at times, but in the majority of situations you’d never notice. With the essential Pepper pack that includes aircon, the £12,775 One’s CPM is 19.0 pence per mile, compared with the quicker Cooper’s 19.8p.

Personally we’d still pick the Cooper, but if the budget can’t stretch that far, the One isn’t that much of a compromise.

Verdict: Almost all the Mini plus points, but decreased power takes away a little of the fun