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Brits have long had a love affair with convertibles – which seems odd considering our unpredictable climate.

But there is some rhyme to this reason. Convertible cars let us squeeze every last bit of warm weather from our summers. What else gives you that wind-in-the-hair sensation? And when you buy a classic convertible, it’s the kind of investment that just keeps on giving.

Between 2005 and 2015, there was a 487% rise in returns on classic cars. They fetch big prices at auction and names such as Ferrari, Porsche, Mercedes-Benz, and Jaguar are always in demand.

The only question is what classic convertible car to buy…

For many, a convertible should have two seats, and two seats only. It’s not a case of practicality or space. It’s all about showing the world you have a passion for driving and two people enjoying the buzz of having the top down.

There’s a range of classic two-seater models to choose from. Just make sure you do your homework, give the car a thorough inspection before you agree to anything, and sort out all the paperwork first (think classic convertible insurance and checking whether it needs tax or an MOT – remember, it may well be exempt).

Get that right and not only will you become the proud owner of a classic two-seater convertible that’s oozing with character, you could also see some pretty sizable returns.

Of course, if you’d prefer to stash your money in a low-interest savings account, this might not be the article for you. But for everyone else, here’s a selection of some of the best classic two-seaters your money can buy.

 

Classic two-seater convertibles launched in the 1950s

 

Austin-Healey Sprite Mk 1

When it launched in 1958, the Austin-Healey Sprite Mk 1 was welcomed as a cheap and cheerful sportster.

The Frogeye Sprite, as it’s affectionately known, offered just 43bhp thanks to a 946cc engine ‘borrowed’ from the Morris Minor, but it punched well above its weight in other ways.

As driving experiences go, it’s raw, but this is a wonderfully agile car that attracted a steady stream of buyers until production stopped in 1961.

In fact, just under 49,000 Sprites rolled off the production line during that time.

The Mk 1 was replaced by the Mk 2 (which was produced until 1972), but it’s the original cheeky-faced Mk 1 that remains the most desirable classic for collectors.

Classic two-seater convertibles launched in the 1960s

 

Triumph Spitfire

Launched in 1962, and designed to give the Austin-Healey Sprite (see above) a run for its money, the Triumph Spitfire is undoubtedly a British classic.

Triumph made the decision to make the Spitfire lightweight – and that paid off with its zippy performance.

This much-admired convertible was in production for nearly two decades and during that time, the suspension was honed, the handling made more predictable, and the engine increased in size.

As a result, earlier models offer more design purity while later models are more functional. But they’re all desirable and not too expensive (in the grand scheme of things).

 

MGB

When it launched in 1962, the MGB offered a fraction of the glamour and performance of the Jaguar E-type (which had launched the year before), but it also came at a fraction of the price.

This meant it was a big showroom success and remains the archetypal British sports car (it was produced until 1980).

Let’s be clear, the combination of being both low to the road and lightweight makes for a bumpy ride, but it’s more fun than it is nerve-racking.

It may not be the fastest thing on the road, but if you’re looking for a car that’s practical, affordable and stylish, the MGB is a solid option.

 

Fiat 124 Spider

This two-door drop-top went into production in 1966 and packs a small, but perfectly formed, punch. With its Italian roots, the Fiat 124 Spider is all about understated style and an engine that is full of gusto.

Often compared with the MGB, the Fiat feels more modern and sporty. It also boasts great handling, discs that can be upgraded to offer sharp braking and is fun to drive.

The Fiat 124 Spider was never officially available in the UK, so is a left-hand drive import only. This has meant it’s been largely ignored in classic car collector circles.

A left-hand drive in the UK may not be the right classic car for you, but it’s got a lot to offer.

Alfa Romeo Spider

When it hit our roads in 1966, who would have guessed what a long lifespan and how many series this little drop-top sports car would have.

Regardless of what model of Alfa Romeo Spider you’re looking at, all have that stylish-but-understated Italian style.

Its looks are matched with dynamic performance, dreamy handling and a fabulous quality of ride. As is the way with older cars, rust is a big issue, the engine needs regular servicing and repairs can be pricey.

But in terms of classic car investments, this is one that’ll keep on giving. If you’re going to narrow it down to a particular series, go for Series 2.

 

Porsche 914

The original entry-level Porsche, the Porsche 914 was on sale from 1969 until 1976. The car is seen by many as a failure (despite selling nearly 119,000 models) and has been largely unloved within the world of classic cars.

But if you’re looking for a convertible that exudes luxury and handles well, the Porsche 914 should definitely be on your list. Weighing around 900kg, you’re never going to travel at extreme speeds in this car.

Yet it is nimble and deserves to come out from the shadows of its more renowned siblings.

Bold colours, striking appearance and practical – what more could you ask for in a classic car? You might be surprised how affordable classic car insurance is for these models, too.

 

Classic two-seater convertibles launched in the 1970s

 

Fiat X1/9

When it launched in 1972, the wedge-shaped Fiat X1/9 was the first car to offer a mid-engine sports car experience at an affordable price.

Designed by Marcello Gandini (aka the Godfather of the wedge craze), with its precision steering and handling, and lift-out Targa roof, the X1/9 will always turn a few heads.

It doesn’t have the most spacious of interiors and corrosion and dodgy electrics can be an issue, but it’s clear to see why this nimble car earned the nickname ‘Baby Ferrari’.

When it was discontinued in 1982, around 150,000 cars had been sold. Could this be your perfect summer ride?

Jaguar XJ-S

When the first Jaguar XJ-S rolled off the production line in 1975, it had big shoes (or rather tyre treads) to fill.

Replacing the iconic E-type, the XJ-S was created to be a luxury cruiser at home on motorways and country lanes alike. Its V12 engine is full of power and its interior is a picture of elegance and luxury.

As with many older cars, rust is something to watch out for, but this is a capable and reliable model. Jaguar X-JSs are pretty scarce these days, but if you find one that’s been looked after, it’s only going to go one way in value.

 

Triumph TR7

Manufactured between 1975 and 1981, the Triumph TR7 was part of the TR series and marked a radical move away from the more conservative Triumphs of previous years.

The TR7 might not be particularly speedy, but it makes for a comfy drive even by today’s standards. Characterised by its wedge shape, it was billed as the ‘shape of things to come’.

If you’re thinking of investing in a TR7, there are a few, relatively inexpensive modifications that can improve braking and handling no end.

As well as being the most affordable of all the TRs, it's arguably also the most usable in design and construction.

 

Classic two-seater convertibles launched in the 1980s

 

Mercedes-Benz 560SL

The Mercedes-Benz 560L was out of favour with collectors for a number of years, but that has changed more recently.

For those in the know, this car is essentially perfect. Offering a smooth ride, solid construction and oozing class and style, this is more of a tourer than a sports car.

It would have taken years to develop, design and test – and it shows. For many, the greatest appeal of the Mercedes-Benz 560SL is that even though these models are more than 20 years old (production ran from 1986 to 1989), they drive better than many modern cars.

Definitely an appreciating classic worth protecting with classic car insurance.

 

Mazda MX-5

For many classic car enthusiasts, the Mazda MX-5 is an obvious investment choice. It was Japan’s answer to the front-engine, rear-wheel drive, lightweight sports cars being produced in the UK since the 50s.

Unveiled in 1989, this was the sportster we all knew and loved – except it had been reimagined. It was more reliable, more fun and consequently became the best-selling two-seater convertible of all time.

The later the model, the more reliable the car and there’s plenty of spare parts available when anything needs fixing.

With such an abundance of MX-5s, you can pick one up for less than £1,000, but paying a bit more for one that’s in good condition and rust-free is definitely worth it.

Modern-day classic two-seater convertibles launched in the 1990s and 2000s

 

Lotus Elise

Launched in 1996, the Lotus Elise is more of a modern-day classic than some of the other cars in the list.

That still makes it nearly 20 years old, and this two-seater convertible is as sporty and desirable today as it was back then.

As you’d expect from any Lotus, the Elise is fun to drive and handles like it’s on rails. One of Lotus’ best-selling models of all time, its lightweight body is more robust than you might imagine and offers a great combo of driving fun and affordability.

But beware, the roof design is clumsy and prone to spring a leak in heavy downpours. However, for occasional weekend use and shorter spins on the motorway, the Elise is not a bad bet.

 

BMW Z3

Another modern classic comes in the form of the BMW Z3, which started production in 1995. Making its debut in the Bond film, GoldenEye, this was the must-have sports car of the time.

It’s stylish, solidly built, and offers great performance for the investment. Today, you can find these dinky roadsters for fairly affordable prices – especially if they’ve clocked up a few miles.

If you find one you like, watch out for rust as this can be an issue. But once you’re behind the wheel, get ready to have some serious fun – these cars may be built like tanks, but they don’t hang about at the traffic lights.

Vauxhall VX220

Seeing as cars that launched in 2000 are now officially considered classic, we thought we’d add this little gem to the mix…

The Vauxhall VX220 was built between 2000 and 2005 thanks to a partnership between Vauxhall and Lotus. Very similar in looks to the Lotus Elise S2, the VX220 wasn’t much of a hit with customers at the time.

However, as you’d expect from a car built by Lotus, the performance is mind-blowing, and the handling isn’t bad either.

The VX220 2.2 can reach 60mph in less than six seconds, but is also remarkably easy to drive around town as well. Great for anyone keen for that old school driving experience in a car that has plenty of oomph.

 

Tips on choosing classic car insurance

If you’ve decided to splash your cash on a classic two-seater convertible car rather than a new model, there’s a few things you’ll need to do first.

Whatever classic car you choose to invest in, you’ll need to protect it with the right classic car insurance.

The team at Lancaster Classic Car have more than 35 years’ experience working with carefully selected underwriters to offer classic car enthusiasts both comprehensive and bespoke insurance packages.

Our experts are able to quote for almost every classic car available – even the models that are hard to insure.

Get a insurance quote for a classic car today.

Policy benefits, features and discounts offered may very between insurance schemes or cover selected and are subject to underwriting criteria. Information contained within this article is accurate at the time of publishing but may be subject to change.