Despite low volumes, Mini MPVs are maintaining their values thanks to strong demand, say HPI.

“This rapidly growing sector used to be dominated by 'old school' models such as Berlingo, Kangoo, Meriva, Fusion and Doblo,” says Martin Keighley, HPI’s valuation expert.

“The new generation includes the likes of Nemo, Qubo, Soul and C3 Picasso with van based models increasingly popular."

The average three-year 60,000 miles forecast value for all cars is 31%, so according to HPI’s valuations, only the Nemo, Soul, Berlingo, Qubo and C3 Picasso beat this, while the sector the average is only 27.6%.

But HPI says buyers should take care with the non-van based Meriva, Note and Modus – all with lower than average residuals - and the Peugeot 1007 bottom of the pile with a residual value of 21.0%.