Now the sun has finally put in a long overdue appearance, automotive data expert at HPI have compiled a list of convertibles that motorists can pick up for under £10k.
Motoring expert Clive Wilson* identifies ten cars that are relatively cheap to acquire, great for enjoying the sunshine and could even potentially be a good investment in some cases.
HPI’s list of 10 drop tops you can buy for under £10k:
Mazda MX5 – My personal pick of the bunch. This is the best-selling sports car in the world and for good reason. They are great fun to drive, reliable, easy to maintain and relatively practical so can be used every day. Because of its success there is lots of choice (including electric hard top folding roof variants) and even very low mileage examples can be picked up for well under 10k.
My choice would be the 1.8 engine as it is powerful enough and I found a 13/13 plate SE variant with only 13k on the clock in the classified for £9995.
Porsche Boxster – OK so you are not going to be able to purchase a late car for under 10k but look carefully and there are some good earlier examples to be had. They are extremely well built, relatively reliable and stand the test of time but above all it’s a Porsche! Condition and history are key with this car.
There are over 300 of these cars in the classified under 10k including an 04/04 2.7 tiptronic with satnav and 52k miles for £7990.
BMW Z4 – Having only ceased production this year it is still a modern looking car with plenty of choice in the market. There are a lot of engine and trim variants so there should be something to please all tastes and most have decent factory options fitted too. Later cars have the hard folding roofs if security is a worry but check carefully they operate correctly.
If you don’t want the higher power options then I spotted an 07/56 2.0i Sport with a mere 22k all for just £7k.
Mercedes SLK – Mercedes have been making variants of this car since 1996 so there is always a large choice available. Most are automatic however, there are some manuals but harder to find. They have the kudos of the badge and are easy to live with but not as cheap to maintain as some.
With over 700 cars available for under the £10k of various ages and mileage there is plenty of choice and one of the cars that stood out was an SLK200 with 45k miles and £12k of additional factory options for £9490.
Renault Wind – This is a bit of a marmite car in this category but has been included on the basis of value for money. An economical car and even low mileage examples can now be found for around 4k at few years old. Not every ones taste but open top motoring does not come much cheaper.
To prove the point how about a 10/60 1.2T Dynamique S with 29k for £3990. There is much less choice with these cars but most are priced under £5k.
BMW 1 series – Produced since 2008 to 2013 there is lots of choice in both petrol and diesel variants with a wide range of power options for both fuel options. M Sport specification would be the best for those requiring the sportier drive which is something this marque has a reputation for as they are all rear wheel drive.
Another low mileage car found on a 10/60. Its is a 118i SE automatic which has covered just 22k at £8990.
VW Golf – Produced over a five year period with diesel being the most popular choice. As with all Golfs they are very well built and offer open top practicality especially as there is no folding roof option to worry about which can sometimes prove expensive should they go wrong.
This car offered value. A 12/12 1.6tdi Bluemotion Tech SE with 23k miles and this car is only £30 a year to tax.
Mini – An iconic brand and successful car for BMW and is the only car in this group which offers both 2 and 4/5 seat options. The 4 seat version offers an interesting folding roof mechanism which can essentially offer various stages of being open from sunroof to full convertible at the touch of a button. Mini’s generally have high factory option counts so look carefully for the higher specifications.
There is lots of choice and although not the highest specification available but a 12/62 Mini One with salt pack and only 10k for £7750 looks value.
BMW 6 series – Whilst you might have to accept a higher mileage for one of these cars (so important to ensure a good service history) they do offer performance and luxury for those long summer cruises. They will inevitably be more expensive to run than the other choices here but one would expect that for a car originally costing north of 50k.
The one I spotted in this group was a private sale however, one owner and only 31k miles so rare. It is a 645Ci for £8995 and when you consider this car would have been north of £56k with options when new it does appear a bit of a bargain.
Saab 9-3 – This is the value car within the 4/5 seat selection but have a good following and decent examples can be found between 5 and 10k depending on age and mileage. Cheaper examples are also available if age and mileage are not a concern and don’t be put off by the fact Saab no longer exists as there are plenty of parts stockists for this car so maintenance/repair should not be an issue.
£8749 can buy a one owner 9-3 1.9TiD Linear SE with options on an 11/60 so another value car in my opinion.
Clive added: “There’s nothing better than being able to combine top down motoring with glorious weather. There are some real 2 and 4/5 seater bargains to be had out there if bought at the right time. Naturally, the summer season isn’t the ideal time to buy a used convertible as this is traditionally the time of year when they are at a premium so for owners looking to sell on to those with the money to spare it can be very good news indeed.”
HPI offers an online vehicle valuations service to give consumers the ability to buy and sell cars with utmost confidence offering them the inside view on the total cost of ownership of a vehicle during its lifespan along with precise depreciation figures.
The HPI valuations tool – available at www.hpi.co.uk– is aimed at consumers buying and selling cars in the used car market and minimises the risks that can see consumers paying over the odds or not getting the best-asking price.
*The above constitute the sole opinion of Clive Wilson and does not represent the official views of HPI. The above does not constitute advice to buy or sell motor vehicles or related assets nor investment advice and should not be relied on as such. Buyers/Sellers should always conduct their own due diligence and evaluations before entering into transactions.