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2022 MINI Convertible Prices: MSRP vs Dealer Invoice vs True Dealer Cost w/Holdback

2022 MINI Convertible Invoice Price Guide - Holdback - Dealer Cost - MSRP
Price terms Used in this Guide:
MSRP | Invoice Price | Destination Fee | Holdback | Dealer Cost

MINI Convertible Pricing for the Cooper, Cooper S and John Cooper Works Trims

2022 Convertible - Trim: Cooper FWD. Powered by a 1.5L, I-3, Intercooled Turbo Premium Gas Engine w/ Front Wheel Drive
Invoice Price
Destination Fee
Dealer Cost
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2022 Convertible - Trim: Cooper S FWD. Powered by a 2.0L, I-4, Intercooled Turbo Premium Gas Engine w/ Front Wheel Drive
Invoice Price
Destination Fee
Dealer Cost
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2022 Convertible - Trim: John Cooper Works FWD. Powered by a 2.0L, I-4, Intercooled Turbo Premium Gas Engine w/ Front Wheel Drive
Invoice Price
Destination Fee
Dealer Cost
Find the Best Price
Price Tip:
To find the best possible price on a new MINI Convertible, shop prices online first. Get up front pricing before you walk into a dealership. We recommend the following free services; Car Clearance Deals,   Edmunds,   NADAguides,   Motortrend  &   CarsDirect
These services will offer you the lowest prices and supply you with multiple competing price quotes. You will know the best price before you visit the dealer.
How to Calculate The Dealer Cost of a MINI Convertible:

Formula for Calculating Dealer Cost:

  • Example: Base MINI Convertible invoice price + the dealer Invoice price of options + destination - Holdback = Total Dealer Cost.
  • What is Holdback? A hidden amount that manufacturers give back to a dealer. It is a percentage of the MSRP or the Invoice price.

Total Dealer Cost - Rebate and Incentive + Taxes / Licensing Fees = True Dealer Cost. (You can get rebates and incentives here.)

MINI Convertible Overview:

Drivers seeking fun with the top down should check out the 2022 MINI Convertible. This car’s responsive handling and firm steering feel give a serious fun factor. Cool British styling makes the new MINI Convertible even more appealing. While this model may be a tad more expensive than some competitors, an upscale interior makes it worth the extra cash.

What’s New for 2022?

A few additional features now come standard, including a larger infotainment display and lane departure alert. Updated exterior styling gives the car a slightly sharper look. For the first time, a heated steering wheel is now on the MINI Convertible’s list of options.

What Styles Does It Come?

The 2022 MINI Convertible is essentially a drop-top version of the popular two-door MINI Hardtop, which has a four-passenger layout. Front-wheel drive is featured on every model.

What Are the Available Trims?

This car is available in three main trim levels: Cooper, Cooper S, and John Cooper Works. The Cooper trim has the least powerful engine. It’s also the most affordable version of the MINI Convertible.

For 2022, a previously optional 8.8-inch touch display now comes standard. Mini has also swapped out the car’s traditional analog gauges for a digital layout. Other standard equipment includes synthetic leather upholstery, a six-speaker stereo system with satellite radio, and Bluetooth.

There are several options available for the entry-level Cooper trim. Drivers who have an iPhone will want Apple CarPlay. Featuring a built-in amplifier, the Harman Kardon premium sound system is a popular upgrade among music fans. Wireless phone charging, navigation, dual-zone automatic temperature control, and heated front seats are just a few of the other options.

The Cooper S comes equipped with a more powerful engine. While all-season tires come standard, buyers can request high-performance summer tires. On the inside, sport seats help create a more stimulating atmosphere for driving enthusiasts.

Drivers seeking the most performance can step up to the even more potent John Cooper Works (JCW) model. Aside from a stronger engine, it also features a sport suspension. On the inside, you’ll find even more aggressive sport seats and unique upholstery.

The MINI Convertible’s Exterior Styling

There’s no other convertible on the market that looks like this car. Classic British styling cues help it to stand out. To give the 2022 model a fresh look, MINI added new bumpers and a reworked grille. Like the Cooper S, the John Cooper Works model receives a powerful-looking rear diffuser. Front and rear LED lights are standard on every grade.

There are quite a few ways to personalize the new MINI Convertible. Buyers will have some cool wheel designs to choose from. An all-new Piano Black Exterior package has arrived this year. Special paint colors, such as Zesty Yellow and Pepper White, further enhance the car’s curb appeal.

Driving Experience

With 134 horsepower on tap, the MINI Convertible’s standard turbo three-cylinder engine has a strong enough kick for most commuters. However, expect the Cooper S model’s turbo four-cylinder engine to feel noticeably stronger. MINI rates it to press out a healthier 189 horsepower. Of course, serious driving enthusiasts will want the 228-horsepower John Cooper Works model. The only downside to the JCW model is that it does not offer a traditional manual transmission.

Many people love the MINI Convertible’s nimble nature. When behind the wheel of this car, it feels as if you’re driving a go-kart. Handling is especially good for a front-wheel-drive car. Although the MINI Convertible’s ride is not the segment’s softest, most people won’t find it to be overly harsh.

Fuel Economy

The least powerful Cooper model can return up to 29 mpg in the city and up to 39 mpg on the open road. With the stronger engines come a lower fuel economy rating. Remember, every new MINI Convertible is programmed to perform best using premium gasoline.

Quality and Comfort

The 2022 MINI Convertible has one of the classiest cabins in the segment. While its cabin feels upscale, interior noise levels are rather high. Cushy front seats enable passengers to experience comfort. However, it comes as no surprise that the car’s backseat can be a tight fit. On the bright side, parents will be able to bring along their young children when riding with the top down.


Some worthy safety features come standard on the new MINI Convertible, including forward impact warning and lane departure alert. Standard rear parking sensors help prevent drivers from bumping into obstacles. Adaptive cruise control and an automated parking system are optional.

The 2022 MINI Convertible will definitely treat you to a fun driving experience. After taking this car for a spin, there’s a chance you may fall in love.

Note: All MINI Convertible MSRP, invoice and dealer cost dollar figures above are subject to change without notice.

A note about rebates: Most rebates are subtracted from the "on the road" figure. In most cases, you can have the rebate if you are arranging your own financing or you are paying cash. If you decide to use the manufacturer’s low interest financing, you do not usually get the rebate. Ask your dealer for details.

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