Australia’s Most Affordable Convertibles in 2025

For decades, convertibles were seen as a luxury — a symbol of sunny-day indulgence, often reserved for the well-heeled. But in 2025, Australia’s car market is delivering a refreshing twist: open-top driving is no longer reserved for those with six-figure budgets.

Thanks to new model launches, competitive pricing, and a growing interest in lifestyle vehicles, there’s a wider range of cheap convertible cars on the market. Whether you want a sporty two-seater for weekend joyrides, a versatile drop-top for coastal cruising, or an affordable daily driver with style, there’s something for almost every budget.

This guide breaks down the most affordable convertibles in Australia for 2025, helping you understand what’s available, what to expect at different price points, and how to get the best value for money.

1. The Current State of the Convertible Market in Australia

The Australian convertible market has always been niche compared to Europe or the U.S., but demand is rising. Here’s why:

• Lifestyle appeal – Perfect for Australia’s coastal highways, country roads, and sunny climate.
• Shift in buyer mindset – Many Australians are prioritising experiences over practicality.
• Improved affordability – Entry-level models are now priced well below $60k, with some used bargains under $25k.
• Broader choice – From sporty Mazda MX-5s to luxury drop-tops, options span petrol, hybrid, and electric powertrains.

One big change in 2025 is that manufacturers are introducing convertible variants of existing popular models, making them more accessible to budget-conscious buyers.

2. Key Considerations Before Buying a Budget Convertible

Before diving into the top picks, it’s important to understand what owning a convertible means — especially on a budget.

a) Price vs. Features

Affordable convertibles often sacrifice high-end luxury touches but still deliver essential comfort and safety. Don’t expect massaging seats or exotic materials at entry-level pricing.

b) Roof Types

• Soft-top – Lighter, cheaper to maintain, and offers that classic convertible look.
• Hard-top – More secure, better insulation, but often more expensive and heavier.

c) Weather Considerations in Australia

Convertibles are fantastic for sunny days but consider how you’ll handle extreme summer heat or winter rains. Look for climate control and well-insulated roofs.

d) Performance Expectations

Budget convertibles aren’t always about blistering speed. Some focus on relaxed cruising rather than track-level performance.

e) Resale Value

Convertibles can depreciate faster than other body types, but popular, well-kept models like the Mazda MX-5 hold their value better.

3. Australia’s Most Affordable Convertibles in 2025 – Top Picks

Here’s our curated list of the most wallet-friendly convertible options in the Australian market this year. We’ve included both new and used recommendations for maximum choice.

1. Mazda MX-5 – The Timeless Roadster

Price Range (New): From $41,500 drive-away
Price Range (Used 2021–2023): $32,000–$38,000

The Mazda MX-5 continues to be the gold standard for affordable, pure driving fun. Lightweight, agile, and available with a manual gearbox, it’s a sports car purist’s dream.

Why It’s Great:

• Rear-wheel drive for an engaging driving experience
• Soft-top or RF (Retractable Fastback) hard-top options
• Excellent resale value
• Economical 2.0L petrol engine with impressive fuel efficiency

Best For: Drivers who want a true sports car without the supercar price tag.

2. Mini Convertible – Retro Charm Meets Fun

Price Range (New): From $52,000 drive-away
Price Range (Used 2020–2023): $35,000–$45,000

The Mini Convertible blends quirky styling with agile handling. It’s not the cheapest on this list, but it’s one of the most stylish ways to enjoy open-air motoring.

Why It’s Great:

• Unique, customisable design
• Premium-feel interior for the price
• Zippy turbocharged engines

Best For: Urban drivers who want personality and style in a small package.

3. Fiat 500C – Compact and Affordable

Price Range (New): From $33,000 drive-away
Price Range (Used 2021–2023): $22,000–$28,000

The Fiat 500C is one of the cheapest ways to get into a brand-new convertible. While it’s more of a city cruiser than a sports car, its charm and practicality make it a popular choice.

Why It’s Great:

• Easy to park and manoeuvre
• Funky retro styling
• Surprisingly low running costs

Best For: City dwellers who want an affordable open-top option for short trips.

4. Ford Mustang Convertible – Muscle on a Budget

Price Range (New): From $64,000 drive-away
Price Range (Used 2019–2023): $45,000–$58,000

While not exactly “cheap” compared to a Fiat 500C, the Mustang Convertible offers huge performance per dollar. The EcoBoost 2.3L turbo model is the most affordable entry point.

Why It’s Great:

• Iconic styling
• Strong performance and exhaust note
• Spacious compared to two-seater convertibles

Best For: Those who want a muscle car experience with a drop-top feel.

5. BMW Z4 (Used) – Luxury for Less

Price Range (New): From $97,000 (above our budget limit)
Price Range (Used 2019–2022): $55,000–$68,000

If you’re happy to buy used, a BMW Z4 offers a blend of luxury, performance, and style for the price of a new mid-range SUV.

Why It’s Great:

• Powerful engines, even in base trims
• Refined interior with high-tech features
• Strong resale appeal

Best For: Buyers wanting a taste of European luxury without new-car pricing.

6. MG Cyberster (Upcoming Electric Convertible)

Expected Price (New): From $65,000 (est.)

Set to launch in late 2025, the MG Cyberster is one of the most exciting electric convertibles to arrive in Australia. With futuristic styling and EV performance, it could disrupt the affordable sports car segment.

Why It’s Great:

• Fully electric, zero emissions
• Striking design with scissor doors
• Promises competitive pricing compared to rivals

Best For: Early adopters of electric sports cars.

4. Used vs. New – Which Is Better for Budget Buyers?

When it comes to budget convertibles, buying used can save you thousands — but there are trade-offs.

Buying New – Pros:

• Full warranty coverage
• Latest tech and safety features
• No hidden history

Buying Used – Pros:

• Significantly lower price
• Potential for luxury models within budget
• Slower depreciation after initial drop

Pro Tip: If you’re buying used, pay for a pre-purchase inspection and check the roof mechanism’s condition — repairs can be costly.

5. Tips for Getting the Best Convertible Deal in Australia

1. Time Your Purchase – End-of-financial-year sales and plate-clearance events can save thousands.
2. Consider Demo Models – Often have low kilometres and good discounts.
3. Shop Nationwide – Prices vary between states; transport costs may still be cheaper than paying higher local prices.
4. Negotiate Extras – Free servicing or extended warranties can add value.
5. Check Insurance Costs – Convertibles can be more expensive to insure due to theft risk and repair costs.

6. Convertible Maintenance & Ownership Costs

Owning a convertible isn’t dramatically different from a regular car, but there are a few specific maintenance points to consider:

• Roof Care: Clean and condition fabric roofs to prevent leaks and fading.
• Seal Inspections: Ensure rubber seals remain intact to avoid water ingress.
• Mechanism Checks: Power-folding roofs should be exercised regularly to prevent motor failure.
• Storage: If possible, park under cover to protect the roof from UV damage.

7. The Future of Affordable Convertibles in Australia

As EV adoption grows, we’re likely to see more electric convertibles enter the market — much like the upcoming MG Cyberster. Additionally, Chinese automakers may introduce even cheaper models, making drop-top motoring accessible to a wider audience.

Conclusion – Open-Top Fun Without the Luxury Price Tag

The Australian market in 2025 offers more affordable convertible options than ever before. From the iconic Mazda MX-5 to the cheeky Fiat 500C, budget-conscious buyers can enjoy open-top driving without sacrificing their financial comfort.

Whether you buy new or hunt for a pre-loved bargain, owning a convertible is now a realistic dream for many Australians — and that’s something worth celebrating.