When the Mini first launched in 1959, costs began from £496. 

This week, the Mini confirmed its first electrical convertible mannequin, and it costs over 105 occasions as a lot as the enduring unique!

The BMW-owned automobile maker will promote a Mini Electric Convertible – primarily based on the prevailing Mini Electric hatchback – in restricted numbers within the UK this yr, with simply 150 right-hand-drive examples made accessible. And they are going to value a staggering £52,500 every.

It will supply a variety of simply 124 miles on a full cost and turns into the costliest convertible EV available on the market, some £18,000 pricier than its nearest rival.

That's no mini price tag: The BMW-owned brand has confirmed it will make a limited run of electric Mini Convertible, each costing a whopping £52,500

That’s no mini price tag: The BMW-owned model has confirmed it’ll make a restricted run of electrical Mini Convertible, every costing a whopping £52,500

When the original Mini (pictured) launched in 1959, prices started from £496. The new top-down EV version unveiled this week costs over 105 times as much

When the unique Mini (pictured) launched in 1959, costs began from £496. The new top-down EV model unveiled this week costs over 105 occasions as a lot

The run of 150 UK-spec open-top electrical Minis is a part of a complete mannequin output of 999 automobiles throughout the European market.

Oddly, it’ll seemingly be on sale concurrently BMW’s new fourth-generation hatchback being unveiled later this yr, which may even have a battery-powered model.

It is barely the third all-electric convertible to go on sale within the UK, following the Fiat 500C (199 miles of vary) and Smart’s EQ Fortwo Cabrio (simply 70 miles on a full cost).

While its two battery-powered rivals value considerably much less – the Fiat from £34,195 and the dinky Smart from £24,646  – BMW bosses say the Mini is the primary correct electrical convertible, with these two rivals solely providing landaulet-style roofs that do not retract totally.

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The £52,500 asking price is a steep premium over the electrical Hatch, which costs from £29,000, and with the most affordable petrol Mini Convertible ranging from £25,465, the electrified variant is greater than double. 

The Fiat 500C, which starts from £34,195, has a longer range than the Mini - some 199 miles

The dinky Smart EQ Fortwo Cabrio costs from £24,646 but can only cover around 70 miles between charges

The new Mini is barely the third all-electric convertible to go on sale within the UK, following the Fiat 500C (left) and Smart’s EQ Fortwo Cabrio (proper)

The Mini Electric Convertible is only a limited edition model with 999 being sold across Europe. Just 150 will be coming to the UK, the brand says

The Mini Electric Convertible is barely a restricted version mannequin with 999 being offered throughout Europe. Just 150 might be coming to the UK, the model says

The price is a steep premium over the electric Hatch, which costs from £29,000. The hatchback version also has 21 miles longer range

The price is a steep premium over the electrical Hatch, which costs from £29,000. The hatchback model additionally has 21 miles longer vary

The new Mini Electric Convertible is a far cry from the Alec Issigonis-designed 1959 original, which cost from £496 new some 64 years ago

The new Mini Electric Convertible is a far cry from the Alec Issigonis-designed 1959 unique, which value from £496 new some 64 years in the past

To put the astronomical price tag into context, you might have a brand new Porsche 718 Boxster and nonetheless £2,800 left over for the cash you must spend on the Mini. 

And it is a far cry from what the unique automobile – penned by Alec Issigonis – initially stood for. 

When launched 64 years in the past, it was supplied as an inexpensive possibility for British households to get on the street.

Even with its 1969 beginning price of £496 adjusted in-line with inflation (utilizing the This is Money historic inflation calculator) the price immediately comes out at £13,815, which is round 1 / 4 of what the brand new Convertible EV will value prospects in 2023.

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Commenting on its availability, Stefanie Wurst, head of the Mini model, stated: ‘Three years in the past, we launched the Mini Electric, and immediately one in 5 Mini fashions offered in Europe is an all-electric Mini. 

‘This success has spurred us to implement the small sequence of the Mini Electric Convertible inside only some months. 

‘I’m delighted that we are able to supply 999 Mini prospects a rare and unique open-air go-kart feeling.’

Mini's new model will offer a range of just 124 miles on a full charge and becomes the most expensive convertible EV on the market, some £18,000 pricier than its nearest rival

Mini’s new mannequin will supply a variety of simply 124 miles on a full cost and turns into the costliest convertible EV available on the market, some £18,000 pricier than its nearest rival

The 150 UK cars will come with a unique Union Jack-embossed cloth fabric roof
This roof design is only available for the Mini Convertible EV

The 150 UK automobiles will include a singular Union Jack-embossed fabric cloth roof

The Mini Electric Convertible uses the plug-in hatchback's 32.6kWh battery and 181bhp electric motor

The Mini Electric Convertible makes use of the plug-in hatchback’s 32.6kWh battery and 181bhp electrical motor

It will share the identical 32.6kWh battery with the traditional Mini Electric, which is at the moment constructed alongside petrol variations on the firm’s British manufacturing unit, Plant Oxford. 

However, bosses on the model have already confirmed that the fourth-gen Mini and Mini Electric due later this yr might be produced in China. The UK website will take over meeting of the convertible variant when that’s finally unveiled.

While the Mini Electric Convertible has the identical drivetrain because the EV hatch, together with a 181bhp electrical motor, the vary is a few 21 miles much less, seemingly on account of the extra structural weight required.

It will speed up from a standstill to 62mph in 8.2 seconds.

The Mini Electric Convertible's 124-mile range is short on the 145 miles offered in the battery-powered hatchback. This is likely as a result of the additional structural weight

The Mini Electric Convertible’s 124-mile vary is brief on the 145 miles supplied within the battery-powered hatchback. This is probably going on account of the extra structural weight

A fourth-generation Mini is due to be unveiled last this year. The brand has already confirmed that it and the all-new Mini Electric will be produced in China

A fourth-generation Mini is because of be unveiled final this yr. The model has already confirmed that it and the all-new Mini Electric might be produced in China

In phrases of measurement, it’s similar to the combustion-engined convertible Mini at the moment on sale, although the 150 automobiles will include a singular Union Jack-embossed fabric cloth roof.

There additionally will not be the array of paint colors and wealth of customisation, with Mini trying to hold manufacturing costs as little as doable by providing simply two mounted specs.

It means consumers forking out £52,500 for a 124-mile-range electrical Mini can select solely between White Silver or Enigmatic Black metallic paints.

The Electric Convertible additionally will get special-edition two-tone 17-inch alloy wheels created from recycled aluminium and every unit might be numbered from one to 999.

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