New-vehicle inventories are still at record lows across all manufacturers, and dealers aren’t willing to deal for their most popular models. But convertibles are never the most popular models in an automaker’s lineup, not even in Southern California, which has arguably the best convertible climate in the country. At any time of year—particularly the fall and winter—you should be able to strike a better price on a convertible than a comparable coupe.
Because there’s still a little soft-top season left, we’ve gathered seven of the most affordable leases on new convertibles we could find. Several automakers with attractive droptops, including Audi, Mazda and Porsche, are not offering national lease deals at this time.
But first, read our guide to learn if leasing a car is right for you. We’ve covered everything that may get glossed over in the showroom: advertising fees, money factors, residuals, legal implications, and all the other fine print that could cost you thousands more than you’d expect. We’ve sorted the vehicles by monthly price, but when comparing similar cars, be aware that a lower monthly price often demands more money up front. As with any national lease special, enter your ZIP code on an automaker’s website to check if these deals apply to your area. Prices may be higher or lower depending on the region. Research is always your friend.
Mini
$319 per month/$2989 at signing
36 months/30,000 miles
The Mini Cooper gets a 2022 refresh with a new digital instrument panel, upgraded infotainment, funkier fabric upholstery, and the mildest of styling tweaks. Last month we highlighted the John Cooper Works Hardtop, the speediest and priciest version. This time we’re looking at the base Cooper Convertible, which has a peppy turbo inline-three and is the single cutest, smallest convertible on sale now that the Beetle and Fiat 500 have been discontinued. This lease is for the Classic trim, which won’t let you spec a top with the Union Jack flag woven into the fabric. Consider moving up to the Signature.
Jeep
$329 per month/$3799 at signing
36 months/30,000 miles
Any Jeep Wrangler is a convertible, no matter what’s bolted or sewn to the structure. It all comes off, including the doors and windshield, so you’d have to ride a motorcycle, slide down a zip line, or buy a million-dollar Ferrari Monza to feel more air at speed. The 4xe is Jeep’s first plug-in hybrid, and since its big battery qualifies for a tax credit, you can get into this High Altitude trim (a well-equipped version of the Sahara) for just $1650 more than if you were to lease a Sport S. With up to 21 miles of electric range, a combined 375 horsepower, and the realization that you’re driving a life-size Power Wheels, the 4xe may be your ultimate ticket to escape civilization.
Ford
$450 per month/$3840 at signing
39 months/31,500 miles
Base Mustang convertibles used to be the bane of car renters visiting Florida and other tourist traps. They’d seem cool at first, but they’d feel neutered when you stepped on the gas. These days, a base Mustang comes with a turbo four that makes 310 horsepower and 350 lb-ft of torque, sent through a 10-speed automatic and an independent rear suspension. That’s heavy stuff that outperforms the V-6 and V-8 engines of the Mustang’s more recent past. Otherwise, the Mustang is a familiar face with plenty of space for a weekend getaway for two. And now this entry-level pony car won’t embarrass you coming off the line.
BMW
$469 per month/$3999 at signing
36 months/30,000 miles
A new 2-series is upon us, but before that blocky cube of a coupe drops within the year, the 2 convertible will continue to turn heads with its sleek and tidy shape. BMW’s turbo fours are among the industry’s best, and the rear-wheel drive 2—not to be confused with the front-wheel drive 2 Gran Coupe—is the company’s lightest, most-fun-to-drive car that doesn’t wear an M badge. This lease includes keyless entry, ambient lighting, and auto-dimming mirrors.
Mercedes-Benz
$669 per month/$5323 at signing
36 months/30,000 miles
Like the 2-series, there’s a brand-new C-class on its way within the year. But that takes nothing away from the current C, which after seven model years is still looking classy and equipped with the latest automated driver assists, voice assistants, and other overkill technology you probably don’t need. The C-class makes for an elegant convertible, especially given its beautiful interior with sweeping wood trim and metal accents. There are way fewer C convertibles and coupes than sedans on the road, so you’ll be noticed.
Jaguar
$899 per month/$4995 at signing
36 months/22,500 miles
If you can stomach a turbo four instead of the two sultry supercharged V-6 or V-8 engines, then you will have the most gorgeous droptop south of 100 grand. The F-type receives its first major refresh for 2021 with a new front end and hood, revised taillights, and more tech. But it’s the same aluminum work of art as when it debuted for 2014. Sure, you can go faster in a Corvette or any number of Porsches for similar money. But none of them look this good.
Lexus
$1309 per month/$6999 at signing
36 months/15,000 miles
Like the Jaguar, a Lexus convertible is an outsider’s choice—and it’s one of the most stunning, underrated cars on sale. The style is arresting (get the 21-inch chrome wheels and the Infrared paint), the V-8 engine is glorious (naturally aspirated and high revving), and the performance is the perfect balance between comfort and all-out racer. The LC delivers concept-car levels of intricate detail inside and out. It’s a rarely seen automobile that deserves more time on the road, though at 5000 miles a year, this lease within the New York tri-state area won’t get you that far. In Michigan, Lexus offers double the mileage for $3900 more.
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