Nothing quite beats the cool factor of a convertible—except a convertible that doesn’t break the bank. There are plenty of convertible cars under $50k out there, and our favorite is the Mazda Miata MX-5.

Picture cruising down the street with the top down, music up, wind in your hair…and tons of money left in your pocket. With our list of the best convertible cars under $50k, that’s exactly what you’ll get.

You don’t have to take out a gigantic

car loan

to get your dream convertible, and since these cars are cheaper than their luxury counterparts, they’ll also be cheaper to insure.

Check out the pros and cons of our favorite convertibles under $50k below, and when you decide on yours, sign up for

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10. BMW 2 Series Convertible—from $41,850

The

BMW 2 Series Convertible

is an entry-level BMW that lands an 8/10 from Car and Driver. In this zippy two-door, you’ll enjoy quick acceleration and lots of horsepower at an entry-level price. Even with all that power, you get 23 city/33 highway miles per gallon, which isn’t bad for a turbocharged 6-cylinder.

Pros:

248 horsepower with decent gas mileage

Seats 4 comfortably

BMW clout

Cons:

Discontinued in 2021—no newer models available

9. Audi A3 Cabriolet—from $39,890

The

Audi A3 Cabriolet

is a subcompact convertible that looks a lot more expensive than it is. Starting under $40,000, it’s in the middle price range of convertible cars under $50k.

This refined car comes with many options, with engine power ranging from 184 to 220 HP and still maintaining 34 mpg on the highway.

Pros:

Small and light

Many trim options

Luxury looks without a luxury price tag

Cons:

Convertible was discontinued in 2019; newer models not available

8. Jeep Wrangler—from $26,995

The

Jeep Wrangler

is the top-down option for people who take life off-road. Known for being extremely reliable, the Wrangler will hold up to inclement weather and rough road conditions. Modern features meet retro styling with this rugged soft-top Jeep.

Pros:

Affordable

Great for offroading and outdoor enthusiasts

One of the only options in its class to offer a convertible style

Cons:

22 city/29 highway gas mileage isn’t excellent

MORE:

How to track gas mileage

7. BMW Z4 Convertible—from $49,900

The second BMW to hit our list is the Z4, which earns a

9/10 from Car and Driver

. This convertible car starts at just under $50k, so if you want to add premium trim and upgrades, it’ll go over that budget.

The base model Z4 offers excellent handling and a turbocharged 4-cylinder with 255 horsepower in a sleek, soft-top convertible body.

Pros:

Aggressive, sporty body style

Upscale, comfortable interior

More affordable than its main competitor, the Porsche Boxster

Cons:

Available only as an automatic

6. Volkswagen Beetle Convertible—from $26,000

No list of best convertibles under $50k would be complete without the classic

Volkswagen Beetle Convertible

. Charming and reliable, the convertible slug bug is a fun and nostalgic way to express yourself.

The convertible was discontinued in 2019, but you may want to opt for an older model anyway—since any model 2006 or older gets an astounding 37 city and 44 highway mpg.

Pros:

Cute and iconic

Affordable and reliable

Older models get excellent gas mileage

Cons:

Discontinued in 2019—no new models available

5. Chevrolet Camaro 1SS Convertible—from $43,995

The

Chevrolet Camaro

has been a characteristic cool pony car since the 1960s, and the new Camaro 1SS convertible is not an exception.

Offering Chevy’s classic small-block V-8 engine and 455 HP, this convertible under $50k goes 0-60 in 3.5 seconds. That power combined with a futuristic twist on the classic styling makes this Camaro a winner.

Pros:

Classic pony car

Fast and powerful

The cool factor

Cons:

Hard to see out of compared to direct competitors

MORE:

How to buy and install a rear view mirror monitor for your car

4. Mini Cooper Convertible—from $28,400

For a tiny convertible with a huge personality, consider getting a

Mini Cooper

. These fun, quirky cars are aimed at free spirits with style, but they’re not all about looks. The new Mini has been reimagined with a full technology suite including driver assistance, ambient lighting, and a stylish touchscreen interface.

If the standard option’s 134 HP doesn’t do it for you, opt for the JCW trim with 228 HP, starting at $38,900.

Pros:

Highly customizable with well-thought styling

Electrically-powered soft top

Affordable

Cons:

Unique design may not be for everyone

3. Ford Mustang GT Premium Convertible—from $47,970

The original pony car comes galloping into 3rd place for best convertibles under $50k with its super engaging drivability, a multitude of performance and appearance upgrades, and an ultra-powerful 5L V-8 engine.

At 460 HP, the

Ford Mustang GT

with Premium trim has the highest max horsepower of any vehicle on this list.

While the exterior manages to capture both sleek and nostalgic elements, inside you’ll find an abundance of high-tech features—including more driver-assistance technology than any competing pony car.

Pros:

The original pony car

Reliable, but also fast and powerful

High-tech and highly customizable

Cons:

Interior comfort lacking

MORE:

How to protect a convertible interior

2. Fiat 124 Spider—from $26,840

The modern

Fiat 124 Spider

is a revival of the 1960s Fiat by the same name, and its styling says just that. It has a turbocharged 4-cylinder engine that doesn’t pack the same power as a Mustang or a Camaro, but it’s still incredibly fun to drive.

The Spider 124 earns the #2 spot for best convertibles under $50k because of its luxurious interior, large cargo space, and ultra-smooth and quiet ride. This is a roadster made for sunny top-down drives, and its affordability puts it above most others.

Pros:

Affordable and fun

Luxurious interior

Quiet and fast

Cons:

Discontinued after 2020—newer models not available

1. Mazda MX-5 Miata—from $27,300

Our favorite convertible under $50k is the

Mazda MX-5 Miata

. This sporty convertible delivers on affordability while offering a lively driving experience, responsive handling, and exotic looks.

The Miata doesn’t disappoint when it comes to options either, with appearance and performance packages ranging from essential to opulent. Whether you’re a casual driver or a car enthusiast, the MX-5 Miata has something for you.

Pros:

Affordable top-down car with luxury looks

Numerous options for performance and appearance

Finely tuned controls for expert handling

Cons:

Passenger space is a bit tighter than direct competitors

Finding affordable car insurance for a convertible

After you’ve found your perfect match convertible under $50k, don’t lose that money you saved by overspending on

car insurance

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FAQ

Can you get a convertible for under $50k?

You can absolutely get some of the best convertibles under 50K. Examples include the Mazda MX-5 Miata, Ford Mustang GT Premium, and the soft top Jeep Wrangler.

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