- The number of new convertible car models available from the 30 largest UK car manufacturers has significantly decreased, with only 11 models offered currently, down from 29 six years ago and a peak of 37 in 2005.
- Car manufacturers are prioritizing the production of SUVs and electric vehicles, leading to a decline in investment and development for new convertible models, with fully electric convertibles remaining rare.
- Major brands like BMW have reduced their convertible range, and others like Porsche and Jeep have discontinued models, contributing to convertibles becoming an 'increasingly rare sight' in the new car market.
- Despite the reduction in new models, demand for used convertibles is rising, with average prices increasing by 10% year-on-year to approximately £18,000, indicating continued consumer interest in open-top motoring.
- Experts suggest that while drivers still desire convertibles, auto companies are shifting focus to global markets and other vehicle types, potentially making convertibles a niche product primarily found in the used market or from smaller volume manufacturers.
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