There is no better feeling than driving a convertible during the summer months in the UK. The feeling of the sun on your face and the wind in your hair can bring a great deal of joy and make any trip feel like a summer adventure, so how can you enjoy this experience without breaking the bank?
*Disclosure – This is a collaborative post
Finding Your Perfect Drop-Top: Top Used Convertibles for UK Summers
There are many fantastic convertible models to consider, which means that it should not be too hard to find one that suits your needs and preferences. The Mazda MX-5 is perhaps the most popular convertible in the UK with its fun-to-drive nature and reliability, or it is hard to beat the Audi TT Roadster in terms of style. Other popular models worth looking at include the BMW Z4, MINI Convertible, and even four-seater options like the Audi A3 Cabriolet and BMW 4 Series convertible.
Smart Buying: What to Check Before You Buy
Obviously, you always check the vehicle when buying a used car. There are also a few specific checks for used convertibles to remember, such as making sure that the roof mechanism works (make sure it both opens and closes). A thorough mechanical inspection is key, so consider hiring a mechanic for their assessment. You should also look for signs of water ingress and verify the service history. A vehicle history check (HPI) will also uncover hidden issues, such as stolen status and outstanding finance.
Financing Your Summer Ride: Used Car Finance Options
There are a few options when it comes to financing your used convertible. These include:
Personal contract purchase (PCP): Pay a deposit and subsequent monthly payments, usually over 2-4 years. At the end of the agreement, you can return the vehicle, pay a balloon payment to own the vehicle outright, or part-exchange for a new deal.
Hire purchase (HP): Pay a deposit and spread the cost of the vehicle (minus the deposit) across fixed monthly payments. You will then own the vehicle at the end, so it is similar to PCP but without a balloon payment.
Personal loans: Borrow a fixed amount from a bank or another lender, which allows you to buy the car outright.
Maximising Your Investment: Depreciation & Resale
Depreciation is an important factor to consider when buying a used convertible. Factors like make, model, mileage, and service history influence a car’s depreciation. To preserve the value, you need to keep the vehicle in the best possible condition, keep up with the service schedule, and keep detailed records. Additionally, due to the seasonal fluctuations in demand, convertibles are more valuable during the warmer months of the year.
Hopefully, this post will help you get a great deal on a used convertible so that you can enjoy the thrill of open-top driving during the summer months.
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