82.End of the production

Throughout the 1980s and 1990s the British market enjoyed numerous "special editions" of the Mini, which shifted the car from a mass-market item into a fashionable icon. It was this image that perhaps helped the Mini become such an asset for BMW, which later bought the remnants of BMC as the Rover Group. It was even more popular in Japan, where it was seen as a retro-cool icon, and inspired many imitators. The ERA Mini Turbo was particularly popular with Japanese buyers.

In 1994, under Bernd Pischetsrieder, a first cousin once removed of Issigonis, BMW took control of the Rover Group, which included the Mini, fitting an airbag to comply with European legislation.

By March 2000, Rover was still suffering massive losses, and BMW decided to dispose of most of the companies. The sell-off was completed in May that year. MG and Rover went to Phoenix, a new British consortium; and Land Rover was sold to Ford Motor Company. BMW retained the Mini name and the planned new model, granting Rover temporary rights to the brand and allowing it to manufacture and sell the run-out model of the old Mini. By April 2000, the range consisted of four versions: the Mini Classic Seven, the Mini Classic Cooper, the Mini Classic Cooper Sport and — for overseas European markets — the Mini Knightsbridge. The last Mini (a red Cooper Sport) was built on October 4, 2000 and presented to the British Motor Industry Heritage Trust in December of that year . A total of 5,387,862 cars had been manufactured.

After the last of the Mini production had been sold, the 'Mini' name reverted to BMW ownership. The new 'BMW' MINI is technically unrelated to the old car but retains the classic transverse 4 cylinder, front-wheel-drive configuration and iconic "bulldog" stance of the original.

The Mini was a cultural icon and shows up in movies such as The Italian Job (1969), in which 3 Mark I Austin Mini Cooper S's are used in a gold bullion robbery; in The Bourne Identity (2002) as a beat-up but surprisingly capable vehicle for a car chase; Goodbye Pork Pie (1981) where a yellow Mini 1000 is used to travel the length of New Zealand, or in Lara Croft: Tomb Raider (2001) as a collectible fashion icon garaged alongside other classic sports cars. It has also featured in television shows such as Mr. Bean and (as the Mini Moke) in The Prisoner.

• Mark V (from 1984): all cars had 8.4-inch (210 mm) brake discs and plastic wheel arches (mini special arches) but retained the same Mark IV body shell shape.

• Mark VI (from 1990): the engine mounting points were moved forward to take 1275 cc power units, and includes the HIF carb version, plus the single point fuel injected car which came out in 1991. The 998 cc power units were discontinued. Internal bonnet release were fitted from 1992.

• Mark VII was the final twin point injection with front mounted radiator.