Convertible Deals: April 2013
With spring weather returning to many areas of the country, car shoppers everywhere are turning their attention to convertibles. We've listed some of the top convertible deals on a few of our favorite models for drivers looking to get a new convertible at a good price.
The 2013 BMW 6-Series is a large, 4-seat, 2-door luxury car offered as a coupe or a convertible. In April, qualified shoppers can finance a new 650i convertible with interest rates as low as 1.9 percent. That's a great deal for BMW, since the brand rarely offers rates below 3 percent. Among lease incentives, the base-level 640i is the best deal. That model is available for 36 months with payments starting at $779 per month after $6,000 down at lease signing. While those are big numbers, they're not too far above the smaller 335is, which requires $529 per month and nearly $5,000 down.
The 2013 Chevrolet Corvette is a V8-powered 2-seat sports car offered as a coupe or convertible. In April, Chevrolet has finance, lease and cash-back incentives on the soft-top Corvette convertible. Chevrolet says drivers looking to finance the Corvette convertible can get interest rates as low as 1.9 percent for up to 60 months. For shoppers looking to pay with cash, Chevrolet is offering up to $2,000 back on all Corvette convertibles this month. And there's a 39-month lease with payments starting at just $599 per month. It requires $4,599 down and drivers must stick to 10,000 miles per year. The deals are even better for drivers willing to consider a leftover 2012 Corvette. While there's no lease offer on last year's model, the 2012 Corvette is available with interest rates as low as zero percent for 72 months or a whopping $4,000 cash back.
The 2013 Ford Mustang is offered as a coupe or convertible, with V6 or V8 engines. In April, several big incentives are available on the 2013 Mustang. Qualified finance shoppers can get interest rates as low as zero percent for up to 60 months or 1.9 percent for 72 months. For shoppers looking to pay in full, Ford is offering up to $2,000 cash back on all drop-top Mustang models, from the base-level V6 to the V8-powered GT convertible. While Ford doesn't have any lease deals available on the Mustang convertible, it is offering $1,000 cash back to shoppers who are currently leasing a competitor's product.
Mazda MX-5 Miata
The 2013 Mazda MX-5 Miata is a 2-seat sports car available only as a convertible. Three deals are offered on the MX-5 this month. The first is a finance deal that offers qualified buyers interest rates as low as 1.9 percent for up to 60 months. Mazda is also offering two lease deals on the MX-5 Miata in April. The cheapest is available on the MX-5 Sport. That model offers a 36-month term with payments from $299 per month after nothing down at lease signing. The MX-5 PRHT, which features a power retractable hardtop, starts at $369 per month for 36 months, also with nothing down at lease signing.
The 2013 Mercedes SLK is a newly-redesigned sporty convertible with a power retractable hardtop. In April, shoppers can get a great lease deal on the SLK250. While the lease's 36-month term requires a high $4,459 at signing, payments start at just $499 per month -- a good figure for a brand-new luxury car. Drivers who want more power than the 201-horsepower SLK250 model offers can look at the lease deal on a 2013 SLK350, which comes with a 302-hp V6. Through the end of April, that model is available for 36 months with $4,700 due at lease signing and monthly payments starting at $619.
The 2013 Volvo C70 is a 4-seat premium convertible with a retractable hardtop. In April, it's available with good incentives for shoppers looking to lease or finance. The best deal is the C70 model's finance offer, which boasts interest rates as low as zero percent for up to 48 months. The deal is enhanced by a cash back offer of up to $1,000 in addition to the low rate, which is very rare for Volvo. In April, drivers looking to lease a C70 can also receive an incentive. The convertible is available for 36 months with payments starting at $479 per month after $2,100 due at lease signing.
What it means to you: Today's top convertible deals prove that drivers on a variety of budgets can buy a brand-new drop-top.