The MINI reclaimed its crown as the UK's slowest depreciating car in 2007, according to latest research from Parker's Car Guides. In its annual depreciation report, Parker's compared last January's new prices with what an owner can expect if they sell privately now. It found that buyers lucky enough to get their hands on a MINI this time last year will now have lost an average of just £1388.

That works out at just £27 a week ¬ or the cost of a couple of Starbucks coffees every day. MINI remains one of Britain's most sought-after cars with good reason. It looks good, is great to drive, and is easy to own as it's offered with hassle-free five and eight-year servicing deals.

Impressive fuel-saving technologies fitted on cars from autumn 2007 have transformed it into one of the cleanest and most fuel efficient cars on sale today. 2007 was also the first full year that the new model was on sale. Although it looks very similar to the car that went on sale in 2001, it is in fact significantly different, which has helped re-ignite interest and kept values high.

This year's runner-up, the Honda Jazz, is set to be replaced by an all-new model in 2008, but that hasn't stopped values remaining consistently high. Jazz is the only car to have featured in the top five of Parker's annual depreciation report every year since its launch in 2002. It lost an average of just £2017 during last year.