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The 15 Best Luxury Convertibles to Buy Right Now

From the BMW M8 Competition Convertible to the Ferrari 12Cilindri Spider, these roadsters shine regardless of the weather.

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The McLaren 750S Spider on track. Robb Rice

As the warmer weather sets in, convertible tops can finally retract. At present, the luxury-car market is spoiling us, and our committed skincare regimen, with a startling plethora of quick, sporting, and sybaritic six-figure droptops. And they not only come in all sorts of shapes and configurations, but also with a range of gas, electric, and hybrid options.

“Convertibles have stayed fairly consistent at about .5 percent of all new vehicles sold to consumers each year,” says Alexander Edwards, president of Strategic Vision, a research and consulting firm that conducts hundreds of thousands of surveys with new car buyers annually. “However, those over $100,000 seem to have jumped significantly in 2020 from just a few vehicles, to 13 percent of the convertible market. That has increased to 22 percent in 2022, and has stayed there till today.”

The reason for this growth, according to Edwards’ data, is twofold. First, at the start of the pandemic, fully loaded and more profitable convertibles were among the only droptops being produced, as only their economic demographic of consumers were still actively in the roadster market. Then, based on positive feedback, this high-end segment became vibrant and stable. “Essentially, consumers didn’t know what they were missing out on, and now they look for it,” Edwards says.

These buyers break down into two main categories, psychographically, Edwards says. About 40 percent of purchasers are what is known as “Best Performers.”  These are true enthusiasts who want the best in the segment.  The second largest group, at about 30 percent of buyers, are the “Status Seekers.” They want people to look at them—and appreciate how much they are into speed and performance. 

The latter segment is unlikely to diminish anytime soon. “These buyers are particularly loyal, often mentioning multiple purchases from the same brand or model line,” Edwards says. “This loyalty underscores the strength of brand identity and customer love within the segment,” something luxury automakers crave and would be silly to relinquish. With all of this in mind, here—in ascending order of price—are some of our favorite roof-optional rides in production.

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