Apr 242008
 

toplessDespite our notoriously unpredictable summers, it seems British drivers just cannot get enough of open top driving, according to the latest figures from Carcraft, one of the UK’s largest used car hypermarket chains.

The company’s sales figures reveal a 33 percent increase in the volume of convertibles sold between 2006 and 2007, meaning that they now account for almost 5 percent of its total used car sales.

Barry Nightingale, managing director at Carcraft said: “The number of people opting for convertible driving is growing year on year, which is less surprising than it may seem. Used car prices show that coupe and cabriolet models tend to retain more value than their more practical hatchback or saloon counterparts, making them a worthwhile investment.

“The sportier appearance of convertible models helps to give them a wide appeal, meaning their residual value consistently outperforms other models.”

Most popular choices according to Carcraft’s figures continue to be classic models such as the, the MGF and Peugeot 206 but newer prestige models such as the BMW 3-Series and Z4 are also popular sellers.

Nightingale added: “As their appeal continues to grow, we are also seeing more manufacturers competing to tap into the trend by introducing their own convertible models – with 16 new launches in 2007 alone.”

This record number of launches combined with increasing numbers of new convertible sales over the last three years means that the used car market is currently offering its widest selection ever.

Nightingale added: “Savvy buyers know that now is the time to snap up a soft-top bargain as sales rooms are offering greater choice than ever before when it comes to second-hand convertibles.

“Since the start of April we have already seen a significant rise in buyers searching for the best summer sellers at Carcraft and we expect 2008 to be our biggest year for convertibles to date.”

Jul 252007
 

MAZDA MX-5UK convertible car owners may not be getting their money’s worth this summer, but Mazda MX-5 drivers can raise a smile, as they stormed to the top of a study of convertible car reliability.

According to Warranty Direct’s Reliability Index (www.reliabilityindex.co.uk), the most comprehensive car reliability study in the UK, the Japanese pocket rocket is on top of the pile of Britain’s most dependable top-down motors, with an average repair bill of £255.59, and an Index rating (calculated as cost of repair vs number of visits to the garage) of just 7.29.

This compares with an average convertible Reliability Index (RI) rating of 116.6, and an average overall repair bill of £401.64. In a Warranty Direct study of 450,000 cars world-wide earlier this year, the largest survey of its kind, Mazda reigned supreme overall.

Known for their reliability and efficiency, it was unsurprising to find another Japanese car company at the top of the table, with Honda’s S2000 coming in second place, with an impressive RI rating of 34.31 and a lightning quick average repair time of just 1.42 hours.

The scene at the other end of the table is a different story, and goes to show how far Audi have come over the past 15 years, with their Cabriolet (1992-2000) coming in with a disastrous RI rating of 416.21, with almost half of all problems relating to the axle or suspension.  The venerable Cabriolet is, however, by far the oldest car included.

The other German giants had a mixed bag of results, with Porsche’s Boxster coming in second to last place with an RI rating of 234.31 and the highest average repair cost of £831.58, suggesting that money doesn’t always guarantee you reliability. BMW’s popular Z3 came in a respectable fourth, with an RI value of 70.78, and was closely followed by its rival the Mercedes SLK in fifth.

The French contingent was well represented by Peugeot, whose 206CC came in an impressive third, with an RI rating of 51.93 and the lowest average repair bill – £225.76.

Warranty Direct Reliability Index Table of Convertible Cars

 

Pos

Model

Average   Age (years)

Reliabilty   Index

Average   Cost of Repairs

1

Mazda MX-5

4.55

7.29

255.59

2

Honda S2000

4.84

34.31

343.12

3

Peugeot 206CC

4.02

51.93

225.76

4

BMW Z3

5.25

70.78

459.89

5

Mercedes CLK   Convertible

3.15

85.76

428.81

6

Jaguar XK8

5.84

87.65

313.04

7

MG TF

2.25

90.93

433.00

8

Volvo C70

4.29

92.35

243.02

9

Saab 93

4.87

111.12

370.38

10

Porsche Boxster

4.33

234.31

831.58

11

Audi Cabriolet

6.48

416.21

513.84

 

 

 

 

 

 

 

 

 

 

Some of the models analysed have recently been replaced by new generations, or discontinued altogether by the manufacturer, but remain popular used car buys.