The number of convertibles available on the market continues to dwindle as manufacturers favour SUVs and other models.
New data shows that only 11 convertibles are on sale in the UK from the nation’s top 30 best-selling manufacturers, representing a huge 31 per cent drop year-on-year.
Since the start of the decade, the availability of new convertibles has fallen by 62 per cent, and a further 70 per cent since its peak in 2005.
The research noted that the segment has become increasingly exclusive since 2005, with many manufacturers only offering a soft top option for their high-end models.
Only nine of the top 30 manufacturers in the UK still offer a convertible, down from 14 in 2020 and 19 in 2010.
The only brands still selling convertibles include BMW (two), Fiat, Ford, Mazda, Mercedes (two), MG, Mini, Porsche and Volkswagen.
There has been a noted drop in the number of convertibles available in the last 12 months, with Jeep exiting the soft top market completely.
BMW cut its convertible line-up from five models to just two, by dropping the Z4, 8 Series and the M8.
Motorists across the UK could see convertibles disappear from roads in the coming years | GETTY
Chris Knapman, UK editorial director of CarGurus, said: “For years, convertibles were a core part of many manufacturer line-ups, and they brought character and desirability to a brand’s range.
“Today, they’re becoming an increasingly rare sight as car makers focus investment on SUVs and electrification.”
The decline in convertibles is not keeping pace with the rapid growth in the uptake of electric vehicles.
Despite one in four new cars sold being electric, there are only two fully electric convertibles of the 11 currently available.
BMW has cut the number of convertibles available in its line-up from five to just two
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BMWThis includes the Fiat 500e, which starts from just £20,995, and the MG Cyberster, which has a maximum city range of 340 miles.
The price of an average used convertible has jumped by around 10 per cent year-on-year, with drivers expected to fork out around £18,000.
This makes them the third most expensive body style on average, behind only coupes and pick-up trucks.
The MG Cyberster is one of just two electric convertibles on the market
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MGWhile the number of new convertibles available on the market continues to fall, Mr Knapman noted that the demand clearly hasn’t disappeared.
He added: “Used convertible prices are rising, and there’s still strong enthusiasm for cars that get the wind in your hair as part of a more evocative driving experience.
“For many buyers, especially in the used market, convertibles continue to offer something different and fun, and show this appetite remains.”