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7 Luxurious CPO Convertibles Without the Luxury Car Price Tag

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author photo by Doug DeMuro March 2015

If you're interested in buying a luxury convertible, you might be prepared to spend a fortune on a new example. But if you don't have a fortune to spend, you could consider a certified pre-owned (CPO) model instead. Certified pre-owned cars are a few years old, but they carry a fully manufacturer-backed warranty that often lasts longer than the original warranty. And since certified pre-owned cars were indeed previously owned, they typically come with substantial discounts compared to new-car pricing. To help illustrate our point, we've rounded up seven of our favorite high-end convertibles that you can buy today with a manufacturer-backed certified pre-owned warranty and a steep discount compared to the original price.

Audi A5

The Audi A5 is a sporty 4-seat convertible that comes in front- or all-wheel drive varieties. While a new A5 Cabriolet starts at a whopping $48,600 with shipping, drivers who choose a certified pre-owned model can get a substantial discount, since the average price of a certified pre-owned A5 Cabriolet is around $37,000 on AutoTrader. Drivers who choose a certified pre-owned A5 can also take advantage of Audi's excellent certified warranty, which covers vehicles for up to 6 years or 100,000 miles from the original date of sale.

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BMW 3 Series

Although a brand-new BMW 4 Series Cabriolet starts at just under $50,000 with shipping, drivers looking for a certified pre-owned 3 Series Cabriolet don't need to pay anywhere near that much. Instead, a certified used 3 Series averages around $36,200. That's a pretty good deal compared to new-car pricing, especially when you consider that BMW's excellent certified pre-owned warranty offers bumper-to-bumper coverage for up to 6 years or 100,000 miles from the vehicle's original sale date.

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Infiniti G37 Convertible

The Infiniti G37 Convertible is a sporty 4-seater with a retractable hardtop and an impressive array of gadgets and features. We also love its powerful V6 engine, which seems to offer a lot of muscle at just about every speed. The only problem? A brand-new Q60 Convertible (Infiniti's new name for the G37 Convertible) starts around $49,500 with shipping. Fortunately, certified pre-owned models average just $35,300, meaning that you can save some big money by choosing a certified used model over a new one. You'll also get Infiniti's strong certified warranty, which covers vehicles for up to 6 years or 100,000 miles from their original sale date.

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Lexus IS Convertible

The Lexus IS convertible touts a fashionable retractable hardtop, unmistakable Lexus styling, four seats and lots of standard and optional equipment. Unfortunately, it also has an expensive price tag, with base-level 250 models starting around $44,400 with shipping and muscular 350 models starting just below $49,000. Fortunately, Lexus's excellent certified program, which includes a 3-year warranty from the date of purchase, helps make the drop-top more affordable. Opt for a certified pre-owned IS convertible and you'll see big savings, with average prices of around $35,000.

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Mercedes-Benz SLK

The Mercedes-Benz SLK is a rear-wheel-drive, 2-seat roadster that offers a surprisingly sporty driving experience for the typically relaxed, luxurious Mercedes-Benz. Although a new SLK can be expensive, with base prices ranging from $45,000 to $72,000, the brand's certified pre-owned program can make things a little more manageable. Certified used SLKs average just $41,000 on AutoTrader, representing a huge savings from new. And while Mercedes' certified pre-owned program only offers one year of coverage, shoppers looking for more warranty can pay a little extra to add on years.

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Porsche Boxster

Porsche's certified pre-owned warranty is one of the best in the business, covering some vehicles up to 8 years old and with up to 100,000 miles on the odometer. We strongly suggest considering a certified pre-owned Boxster, which is available with a certified pre-owned warranty on AutoTrader for an average price of just $55,000. While that may seem like big money, consider this: A new Boxster averages in the mid-$60,000s before options, which are notoriously pricey for most Porsche models. As a result, opting for a certified pre-owned model can combine traditional Porsche thrills with some huge savings.

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Volvo C70

Although the Volvo C70 is now out of production, just two years ago new models started around $42,000, a not-so-small figure for the luxurious, retractable hardtop 4-seat convertible. These days, certified pre-owned C70 models are far less expensive, with prices averaging below $27,000. That pricing is especially impressive when you consider Volvo's top-notch CPO program, which boasts coverage for up to 7 years along with special financing rates, no deductible and full transferability should you ever sell your car.

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This image is a stock photo and is not an exact representation of any vehicle offered for sale. Advertised vehicles of this model may have styling, trim levels, colors and optional equipment that differ from the stock photo.
7 Luxurious CPO Convertibles Without the Luxury Car Price Tag - Autotrader