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10 Most Affordable New Convertibles for 2020

After being cooped up indoors for typically long winters, Canadians look forward to the warmer weather spring perennially delivers. This long-awaited annual seasonal change usually leads drivers to desire the wind-in-the-hair feeling that only a convertible vehicle can provide.


For buyers on a budget looking for a new convertible, here are our 10 Most Affordable New Convertibles for 2020 based on Manufacturer Suggested Retail Prices.

10th place: 2020 Audi TT 45 TFSI quattro S tronic Roadster ($60,450 CDN)

With a starting Manufacturer Suggested Retail Price of $56,450 CDN, the Audi TT Coupé compact sports car can accommodate four passengers in a pinch, but the $4,000 CDN more expensive TT Roadster is a true 2-seat convertible. The TT Roadster replaces the Coupé’s tiny rear seats with a powered fabric roof that opens or closes in 10 seconds and at speeds of up to 50 kilometres per hour. A 2.0-litre turbocharged 4-cylinder engine, making 228 horsepower and 258 pound-feet of torque mated to a 6-speed automatic transmission, is the lone powertrain. With all-wheel-drive (AWD) standard, the TT Roadster’s handling talents are relatively high, while still making a definite style statement.

9th place: 2020 Mercedes-Benz C 300 4MATIC Cabriolet ($58,200 CDN)

As the open-air version of the compact Mercedes-Benz C-Class, the cloth-top, 2+2 passenger $58,200 CDN C 300 4MATIC Cabriolet is the most affordable ‘Benz convertible you can buy new. For additional comfort on chilly Canadian drives, when the C-Class Cabriolet’s cloth-top drops, a standard AirCap system prevents excessive turbulence for occupants. Every 2020 Mercedes-Benz C 300 is equipped with a turbocharged 2.0-litre 4-cylinder engine good for 255 horsepower and 273 pound-feet of torque. Also standard is a 9-speed automatic transmission equipped with paddle shifters transfers the power to the convertible’s 4MAATIC AWD system.


8th place: 2020 BMW 230i xDrive Cabriolet ($49,500 CDN)


Reviving memories of the old 320i and 318ti models, the compact BMW 2 Series Cabriolet is a very modern open-air ride. The $49,500 CDN base model 230i xDrive Cabriolet receives a 2.0-litre turbocharged 4-cylinder engine producing 248 horsepower and 258 pound-feet of torque. A powered fabric roof, all-wheel-drive, and an 8-speed automatic are standard. The 2 Series convertible seats four in principle, but the rear seats are best to be used for extra stowage or smaller passengers. Taut without being too firm, eager in its direction changes, quick and responsive, the BMW 2 Series Cabriolet is a driving enthusiast’s joy.


7th place: 2020 Audi A3 45 TFSI quattro S tronic Cabriolet ($45,500 CDN)


A direct rival to the BMW 2 Series Cabriolet is the 2020 Audi A3 Cabriolet. Based on the 5-passenger Audi A3 4-door compact sedan, the 2-door $45,500 CDN A3 Cabriolet has room for four passengers. A Canadian exclusive in North America, the Audi A3 Cabriolet is powered by the same 2.0-litre turbocharged 4-cylinder engine as the TT Roadster, making 228 horsepower and 258 pound-feet of torque. A 7-speed automatic transmission is standard. Like the TT Roadster’s top, the A3’s fabric lid can be raised and lowered while driving at speeds up to 50 kilometres per hour. The conversion happens in 17 seconds. With AWD standard, the A3 convertible makes a competent year-round driver.


6th place: 2020 Jeep Wrangler Sport ($38,090 CDN)


Proving not all convertibles are sports cars, the mid-size, 2-door $38,090 CDN Jeep Wrangler SUV—and its 4-door $45,390 CDN Unlimited SUV and $47,845 CDN Gladiator mid-size pickup truck siblings—bring a unique, open-air driving experience that can handle both on- and off-road duties. The base powertrain in all models is a 285 horsepower and 260 pound-feet of torque 3.6-litre 6-cylinder engine with a 6-speed manual gearbox and Jeep’s Command-Trac 4-wheel drive system. Whatever model you choose, the Jeep convertible still features removable doors, a folding windshield and two hardtop roof options: one with twin removable panels, the other with a power-operated retracting cover.


5th place: 2020 Chevrolet Camaro Convertible 1LT ($37,148 CDN)


You can pay as much as $77,848 CDN for the topline 650 horsepower Camaro Convertible ZL1. However, even with its 275 horsepower and 295 pound-feet of torque 2.0-litre turbocharged 4-cylinder engine (that matches the output of a V8 Camaro from a few generations back) the base $37,148 CDN 2020 Chevrolet Camaro Convertible 1LT offers plenty of go. A 6-speed manual transmission is standard and an 8-speed automatic optional. Inside, the rear-wheel-drive, 4-passenger Camaro Convertible’s cloth power top lowers with the push of a button and stows neatly behind the rear seat. The latest version of the Camaro is also smaller, lighter and delivers handling more in line with what you might expect of a European convertible.


4th place: 2020 Ford Mustang Convertible ($36,080 CDN)


Like its Chevy rival, the 2020 Ford Mustang Convertible can be had with more expensive V6 and V8 engines. But the most affordable $36,080 CDN base model still packs plenty of punch from its 2.3-litre turbocharged 4-cylinder engine that makes 310 horsepower and 350 pound-feet of torque. Driving enthusiasts will prefer the standard 6-speed manual transmission, but the Mustang's optional 10-speed automatic is a fine way to explore the engine's beefy powerband fully. For front occupants, the new Mustang is roomy enough, and most of the controls are easily reached. A latch at the top of the Ford convertible's windshield must be released before the power-folding mechanism does its work.


3rd place: 2020 Fiat 124 Spider Classica ($34,795 CDN)


The rear-wheel-drive, 2-passenger 2020 Fiat 124 Spider roadster is based on the Mazda MX-5 Miata and is built in Japan by Mazda. The Fiat uses an Italian-built turbocharged 1.4-litre 4-cylinder engine that makes 164 horsepower and 184 pound-feet of torque. A 6-speed manual or an optional automatic transmission with the same number of gears are available. Starting at $34,795 CDN, the 124 Spider offers a look, sound and attitude more commonly associated with expensive European roadsters like the pricier BMW Z4 and Porsche Boxster. Inside, the 124 Spider’s cabin is steeped in high-grade materials a step above what Mazda offers.


2nd place: 2020 Mazda MX-5 Soft Top ($33,100 CDN)


Though its styling is radically different from the original, the 2020 Mazda MX-5 retains the same tiny footprint and go-kart-like handling that made driving enthusiasts fall in love with this car in the first place. The 2-passenger, rear-wheel-drive roadster offers a choice of a $33,100 CDN manual fabric Soft Top model or the $40,100 CDN retractable hardtop RF version. Either way, the 181 horsepower and 151 pound-feet of torque 2.0-litre 4-cylinder engine revs willingly, at which point it’s time to grab the next gear. The short-throw 6-speed, incidentally, remains one of the best manuals on the market, while a 6-speed automatic is optional.


1st place: 2020 Mini Cooper Convertible ($31,190 CDN)


As the most affordable new convertible in Canada, all 2020 Mini Coopers—2-door, 4-door, Convertible—offer the entertaining manners we've come to expect of Mini, along with a healthy dose of style. Starting at $31,190 CDN, the front-wheel-drive, 4-passenger Mini Cooper Convertible comes with a turbocharged 1.5-litre 3-cylinder engine making 134 horsepower and 162 pound-feet of torque that provides plenty of pep in this small, lightweight vehicle. No manual gearbox is available, but a 7-speed automatic is standard. The Mini Convertible's 3-in-1 Soft Top can function as a sunroof or a full-fledged convertible and can fold flat in 18 seconds to unlock the joy of unlimited headroom.


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