Top 10 Cheapest Convertibles

Jason Siu
by Jason Siu

In the market for a convertible but the Jaguar F-Type doesn’t fit your budget? AutoGuide has compiled a list of the top 10 cheapest convertibles currently available.

The most expensive of the cheapest convertibles on our list is the 2014 Volkswagen Eos which has a starting price of $36,060. The Eos is powered by a 2.0-liter TSI engine with 200 hp and gets an estimated 22 mpg city, 30 mpg highway. It comes standard with a hardtop, touchscreen navigation and Climatronic climate control.

2011 Chevrolet Camaro Convertible launch. (1/27/2011) (United States)

Searching for something sporty? The 2014 Chevrolet Camaro convertible is priced from $31,855. The base model 1LT Camaro convertible comes with Sport Cloth seats, projector-style foglights, six-way power driver and front passenger seats, a USB port, Chevrolet MyLink Radio and SiriusXM Satellite Radio with 12-month subscription. Its 3.6-liter V6 engine is good for 323 hp and gets an acceptable 28-mpg highway rating.

Looking for something more subtle with a slightly upscale interior? The 2013 Chrysler 200 convertible might be the vehicle for you. With a starting MSRP of $28,520, the Chrysler 200 is not only affordable, but offers a compelling package for the price. With a 2.4-liter, four-cylinder engine under the hood that generates 173 hp and 166 lb-ft of torque, the Chrysler 200 convertible gets 18 mpg city and 29 mpg highway. If those performance figures are turning you off, but you’re liking the Chrysler 200’s style, you can opt for a more powerful 3.6-liter V6 with 283 hp and 260 lb-ft of torque for about another $5,000.

Ah, the Ford Mustang – affordable, fun and sporty. Starting at $27,995, the 2014 Mustang convertible is a popular choice amongst sports car enthusiasts. The standard model is powered by a 3.7-liter V6 with 305 hp and 280 lb-ft of torque, which is more than enough for some drop-top fun on the road. The manual transmission equipped Mustang gets 19 mpg city, 29 mpg highway while the automatic version is slightly better on the highway with a 31-mpg rating.

Need something more compact in your life but still offers plenty of pep? The Fiat 500 Abarth Cabrio is priced from $26,800 and brings the Italian charm to your driveway. The Abarth Cabrio features a 1.4-liter turbocharged engine under the hood with 160 hp and 170 lb-ft of torque and offers a spirited driving experience that’s almost like none other thanks to its compact size and sporty handling. As for fuel efficiency, it’s one of the better options with 28 mpg in the city and 34 mpg on the highway.

No convertible list would be complete without a drop-top MINI Cooper. The car features a 1.6-liter four-cylinder engine with 121 hp and 114 lb-ft of torque. While that’s not exhilarating performance, there’s something about a MINI model that you just can’t find in any other car. You can also get yourself around 462 miles per tank, since the Cooper convertible is good for an estimated 27 mpg in the city and 35 mpg on the highway. So you want fuel efficiency with MINI fun at a price tag of $25,945? There’s your ride.

Maybe you just want an iconic vehicle that everyone recognizes from a distance. The convertible Volkswagen Beetle is priced from $25,815, and as the German automaker puts it, “The top goes down, the fun goes up.” The standard model comes with a 2.5-liter five-cylinder engine with 170 hp and 177 lb-ft of torque and offers average fuel economy compared to other vehicles in the segment: 21 MPG city, 27 MPG highway.

Didn’t think we’d forget about one of the most popular convertible sports cars in the world did you? The Mazda MX-5 is loved by many and it’s easy to see why. With a starting price of $24,515, the lightweight, compact convertible is the perfect fun machine. Under the hood is a 2.0-liter four-cylinder engine with 167 hp and 140 lb-ft of torque, and the MX-5 can be had with either a soft top or Power Retractable Hard Top. The five-speed manual model gets an estimated 22-mpg city, 28-mpg highway while the six-speed transmission sacrifices 1-mpg in the city. It’s also worth mentioning that the automatic model has a bit less power, being rated at 158 hp.

Love the Fiat 500 Abarth Cabrio but don’t want to spend that sort of cash? The Fiat 500c is more affordable at $20,400. Though at that price, you’re also getting a lot less performance under the hood. The 500c has a 1.4-liter MultiAir four-cylinder engine with 101 hp and 98 lb-ft of torque but gets a remarkable 31 mpg in the city and 40 mpg on the highway. Though it doesn’t pack quite the punch as its Abarth counterpart, the 500c is still plenty of fun to drive thanks to its compact body.

Last but not least, the cheapest convertible available today is the Smart ForTwo Cabriolet, priced from $18,640. Unfortunately, the Smart ForTwo might be missing everything a convertible needs to be fun. With a tiny 1.0-liter engine powering the ForTwo Cabriolet, you’ll get a whopping 70 hp and 68 lb-ft of torque. But then again, the ForTwo is a tiny car that’s nimble weighing in at only 1,852 lbs. As for fuel efficiency, the ForTwo does get 34 mpg in the city and 38 mpg on the highway, so it’s got that going for it.

Jason Siu
Jason Siu

Jason Siu began his career in automotive journalism in 2003 with Modified Magazine, a property previously held by VerticalScope. As the West Coast Editor, he played a pivotal role while also extending his expertise to Modified Luxury & Exotics and Modified Mustangs. Beyond his editorial work, Jason authored two notable Cartech books. His tenure at saw him immersed in the daily news cycle, yet his passion for hands-on evaluation led him to focus on testing and product reviews, offering well-rounded recommendations to AutoGuide readers. Currently, as the Content Director for VerticalScope, Jason spearheads the content strategy for an array of online publications, a role that has him at the helm of ensuring quality and consistency across the board.

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