Convertibles under $60K: Gold Star Value Awards 2015

Convertibles under $60K: Gold Star Value Awards 2015

Fun in the sun does come cheap.

Fiat 500 C Lounge

Fiat -500-C-LoungeFIAT’S 500 C, the least-expensive ragtop on sale in Oz, was a dead cert to win here. You might as well treat yourself to the Lounge version; it’s a bit pricier than the base 500C, but its 900cc turbo two-pot will save money on fuel and give you a talking point. Retained value is not brilliant in percentage terms, but losing 47 percent of 20-odd grand over three years isn’t too bad.

Volkswagen Golf 118TSI Exclusive

Volkswagen -Golf -118TSI-ExclusiveTHE drop-top Golf is great value in terms of fuel economy and three-year retained value (59 percent). It’s almost as polished as the hatch and one of the most convincing small cabrios available.

Mini Cooper Cabrio

Mini -Copper -CabrioBASE model is a bit slow and seems expensive alongside the Golf (or a Mini hatch). Many of the Mini Cabrio’s cash-saving qualities also apply to the turbo Cooper S.

Convertibles under $60K Fiat 500 C Lounge TwinAir Volkswagen Golf Cabriolet 118TSI Mini Cooper Cabrio
Purchase Price $24,500 $43,990 $40,350
Combined cycle fuel (L/100km) 3.9 6.5 6.1
Fuel RON (min. rec.) 95 95 95
Three-year fuel cost $2370 $3950 $3707
Redbook resale (%) 52.6 59.3 53.8
Three-year depreciation $10,902 $17,904 $18,642
AAMI insurance premium $851 $1109 $1089
Service interval (months) 6 12 12
Warranty (years) 3 3 3

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