From your spare wheel post it says 2002 Cooper..............all early MINIs have an engine immobiliser but you only have the alarm if the end of your RH column stalk has a red flashing light on the end instead of a silver cap. Later Minis also have amber light for washer fluid level.
When I was waiting on my cooper I asked my sales rep if I shoudl get an alarm. He basically said he would recommend agaisnt it for various reasons.
Fromt his board I've heard it works to varying degrees. Baisically the imbmobiliser will stop someone from stealign the car without the key so the alarm is there to alert if someone tries breaking into your car. How helpful is that is debateable. Most professionals wouldnt take more than a minute regardless.
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