Cheapest Convertibles of 2020

Most people associate the thought of open-air driving with a hefty price tag, and that is true for plenty of sporty drop-tops out there, but there are more cheap convertible cars on the market than many realize. Sure, an inexpensive option won’t be as powerful or as luxurious as a six-figure version, but it will undeniably be fun to own.

Affordable convertible cars are reasonably powerful for their low price, and aside from driving experience, they can offer impressive cabins too. A great example of this is the Mazda MX-5 Miata. While not leather-clad down to every crevice, all of its materials are high quality and the infotainment set-up is modern and easy to use. 

Popular Makes of the Cheapest Convertibles

International automakers are constantly competing to make the most affordable convertible cars without sacrificing on quality. Here are a few of the brands that have gotten the recipe right:

  • Ford - The American automaker steals the top spot on our list of the best cheap convertibles with its Mustang Convertible. This is mainly due to its eager engine and vast popularity in the US amongst the younger generation.
  • Chevrolet - A direct rival to Ford’s topless Mustang is the Camaro Convertible. Though slightly less powerful than its counterpart with the blue oval, it still has unmistakable American style and attitude.
  • Mazda - The Japanese automaker produces what is widely regarded as the holy grail of low-cost convertibles. It is a hoot to drive and comes with a generous lease to boot! It is arguably the best-priced in terms of value for money when we look at the top 10 contenders.

Specifications of the Best Affordable Convertibles

Cost-effective options in this category share a few similarities regardless of what make they come from:

  • Power - The engines in this segment are typically punchy and turbocharged, meaning you get enough power to avoid boredom and enough fuel efficiency to complement the monthly budget.
  • Interiors - While the cabins are not overladen with deluxe materials, most of the interiors in this segment are durable and have enough modern tech to get by.
  • Pricing - You won’t find many drop-tops in this category above $40,000 unless they’re loaded with every available option in the order book. But, some of the lower-priced options offer better value for money.

What to consider before buying

With so many choices in the segment, it’s worth your while to consider the advantages and disadvantages of purchasing this kind of auto:

Pros

  • Open-air driving experience
  • Better visibility
  • Added uniqueness

Cons

  • More of a security risk with soft tops
  • Cabins lack luxury and can be noisy
  • Interiors are at risk of sun damage

FAQs

How do I find the best value for the least money when shopping for a car like this?

The great part about shopping for this type of vehicle in 2020 is that they’re already wonderfully budget-friendly, even when you’re buying new. But, if you’re determined to save even more, consider a used model from 2019 or slightly older.

How do I decide which car is right for me?

It is incredibly simple. The next time you go on a little road trip, get the car you’re considering as a rental, if possible. Driving it a considerable distance will tell you whether you should commit or not.
BuzzScore
Design
Performance
MPG
Interior
Infotainment
Reliability
Safety
Value
#1
2020 Ford Mustang Convertible
8.5
BuzzScore
8
Design
7
Performance
8
MPG
8
Interior
9
Infotainment
9
Reliability
10
Safety
9
Value
#2
2020 Mazda MX-5 Miata
8.4
BuzzScore
9
Design
9
Performance
9
MPG
6
Interior
7
Infotainment
10
Reliability
8
Safety
9
Value
#3
2020 Chevrolet Camaro Convertible
8.3
BuzzScore
8
Design
8
Performance
8
MPG
6
Interior
8
Infotainment
9
Reliability
10
Safety
9
Value
#4
2019 Volkswagen Beetle Convertible
8
BuzzScore
7
Design
7
Performance
9
MPG
8
Interior
8
Infotainment
8
Reliability
9
Safety
8
Value
#5
2021 Mini Cooper Convertible
7.9
BuzzScore
8
Design
7
Performance
10
MPG
8
Interior
8
Infotainment
8
Reliability
8
Safety
6
Value
#6
2020 Fiat 124 Spider Abarth
7.5
BuzzScore
8
Design
8
Performance
9
MPG
6
Interior
7
Infotainment
8
Reliability
7
Safety
7
Value
#7
2019 Fiat 500c Abarth
7.4
BuzzScore
8
Design
8
Performance
8
MPG
6
Interior
7
Infotainment
7
Reliability
7
Safety
8
Value
#8
2020 Fiat 124 Spider
7.4
BuzzScore
8
Design
7
Performance
9
MPG
6
Interior
7
Infotainment
8
Reliability
7
Safety
7
Value
#9
2019 Fiat 500c
7.1
BuzzScore
8
Design
7
Performance
8
MPG
6
Interior
7
Infotainment
7
Reliability
7
Safety
7
Value
#10
2019 smart EQ fortwo Cabrio
7
BuzzScore
7
Design
5
Performance
10
MPG
5
Interior
6
Infotainment
8
Reliability
7
Safety
8
Value
#11
2019 Buick Cascada
7
BuzzScore
5
Design
5
Performance
8
MPG
6
Interior
7
Infotainment
8
Reliability
10
Safety
7
Value
Unrated
Caterham Seven 270
0
BuzzScore
N/A
Design
N/A
Performance
N/A
MPG
N/A
Interior
N/A
Infotainment
N/A
Reliability
N/A
Safety
N/A
Value