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Convertibles Fall to Multi‑Decade Low as Makers Drop Soft‑Top Models

Manufacturers prioritising SUVs and electrification explain the shrinking market for new convertibles.

Overview

  • Analysis by CarGurus shows the 30 biggest UK carmakers now sell just 11 new convertible models, a steep fall from 37 at the 2005 peak.
  • Official SMMT registration figures report only 11,484 new convertibles registered last year, a fraction of pre-pandemic levels and much lower than two decades ago.
  • Several marques cut lines in the past 12 months, with BMW trimming its convertible range, Porsche dropping the 718 and Jeep exiting the soft‑top market.
  • Only two of the remaining new convertibles are fully electric (the MG Cyberster and Fiat 500e Cabriolet), leaving EV uptake little help for the body style.
  • Demand has shifted to the used market, where average convertible prices have risen about 10% to roughly £18,000, tightening supply for buyers seeking open‑top cars.