Buy/Drive/Burn: Affordable Convertibles From 2005

Corey Lewis
by Corey Lewis

This edition of Buy/Drive/Burn was inspired by the comments some of you left on the recent QOTD Crapwagon Garage post on coupes. Though roadsters and convertibles were off limits there, the conversation turned to them wistfully. Don’t worry, convertible week is coming.

In the meantime, we’ve got a ragtop from 2005 to burn. Which one will it be?

About a decade ago, consumers had more choice for fun and affordable ragtop rides than they do today. Even with a strict price limit at $25,000, fun in the sun was yours for the taking. One of today’s contenders even has the engine in the middle.

Mazda Miata LS

It’s the one you knew would be here for sure. 2005 was the final model year for the second generation (NB) Miata, as the simple roadster was replaced by the larger and more rounded NC generation. Always a value leader, both the base and up-level LS trims came with a 1.8-liter inline-four producing 142 horsepower. All those horses go to the rear wheels via the five-speed manual. The LS trim netted buyers a six speaker Bose stereo, cruise control, and leather seats. Yours for $24,903.

Ford Mustang V6 Premium

The odd man out in our affordable trio, the Ford Mustang gives much more size and power than the other entrants, at the expense of fuel economy and additional weight. The fifth generation Mustang was brand new for the 2005 model year, and one can easily recall how the chunky, retro styling was all the rage. The Premium trim was one level up from basic Deluxe, but had the same 4.0 Cologne V6 and five-speed manual transmission. 210 horsepower was found underfoot, and Premium trims gained a power driver seat and upgraded stereo. This pony car asked just $24,815.

Toyota MR2

The roadster generation everyone forgets, the final MR2 showed up for the last time at North American Toyota dealers in 2005. Two different trims were differentiated by the manual transmission offered: standard five-speed on the lower end, or a premium priced six-speed auto-manual. The 1.8-liter engine produced 138 horsepower in the lightweight cabriolet. The five-speed version (today’s choice) did without cruise control, metal trim on the shift knob, or satellite controls on the steering wheel. This last chance MR2-nity (ugh) asked $25,145.

Which one gets the Buy and which one Burns?

[Images: Mazda, Ford, Toyota]

Corey Lewis
Corey Lewis

Interested in lots of cars and their various historical contexts. Started writing articles for TTAC in late 2016, when my first posts were QOTDs. From there I started a few new series like Rare Rides, Buy/Drive/Burn, Abandoned History, and most recently Rare Rides Icons. Operating from a home base in Cincinnati, Ohio, a relative auto journalist dead zone. Many of my articles are prompted by something I'll see on social media that sparks my interest and causes me to research. Finding articles and information from the early days of the internet and beyond that covers the little details lost to time: trim packages, color and wheel choices, interior fabrics. Beyond those, I'm fascinated by automotive industry experiments, both failures and successes. Lately I've taken an interest in AI, and generating "what if" type images for car models long dead. Reincarnating a modern Toyota Paseo, Lincoln Mark IX, or Isuzu Trooper through a text prompt is fun. Fun to post them on Twitter too, and watch people overreact. To that end, the social media I use most is Twitter, @CoreyLewis86. I also contribute pieces for Forbes Wheels and Forbes Home.

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  • Dantes_inferno Dantes_inferno on Jun 18, 2018

    Buy the Miata & MR-2 Drive the Miata & MR-2 Crash test the Mustang. Then burn it to the ground.

  • Arach Arach on Jun 18, 2018

    This one is too easy. I'm jumping on everyone else's bandwagon: Buy the MR-2 Drive the Miata Burn the Mustang, but only because you have to burn one. there's no real hatred, anger, or dislike towards the mustang, but rather compared to the three... it is still depreciating, its "fine", but you know its not the V8 version, the engine was really oudated and it doesn't drive all that well, but its fine for the price.

  • The Oracle Going to see a lot of corporations migrating out of Delaware as the state of incorporation. Musk sets trends, he doesn’t follow them.
  • Foo Eh. Net present value is in the red, once you add in rapidly rising insurance, late by months basic repairs-and-no availability, battery replacement, future hazmat recycling fees, and even faster depreciation. Wait until litigants win for "too heavy" in accidents... The math is brutal but if you value virtue signalling, some will pay anything.
  • Lynchenstein @EBFlex - All ICEs are zero-emission until you start them up. Except my mom's old 95 Accord, that used to emit oil onto the ground quite a lot.
  • Charles The UAW makes me the opposite of patriotic
  • El scotto Wranglers are like good work boots, you can't make them any better. Rugged four wheel drive vehicles which ironically make great urban vehicles. Wagoneers were like handbags desired by affluent women. They've gone out of vogue. I can a Belgian company selling Jeep and Ram Trucks to a Chinese company.
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