Morgan takes 4 of the 10 convertibles that hold their value best

Morgan takes 4 of the 10 convertibles that hold their value best

Sunshine motoring may be more of a dream than a reality in Britain, but new figures prove we build more of the best convertibles than anyone else, according to the independent car information experts CAP Automotive.

Roadster-1

CAP, the car valuation experts, compared the depreciation (the proportion of its purchase price that a car loses over time) of all convertibles that were registered three years ago and and which had covered 60,000 miles. It found that seven of the top 10 slowest-depreciating models were built by famous UK names, Morgan and Lotus. Only German sports car maker Porsche claimed the remaining three places.

Admittedly, Porsche beat the Brits to top spot. Its 911 Speedster special edition was the slowest-depreciating convertible over the past three years and 60,000 miles. According to CAP it is worth 65.2% of its list price (albeit representing a loss of £50,198).

British cars then occupied the next seven places led by the Lotus 2-Eleven roadster. It is worth 64.3% of its new price after three years and 60,000 miles (a loss of £11,745). The highest-placed Morgan was the Roadster V6. It is worth 62.6%, putting it in third place. Morgan, based in Worcester and founded in 1909, accounted for four of the convertibles in the top 10, become the big winner.

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