SANTA MONICA, Calif. -

With the season to drive a convertible now in full swing, TrueCar.com discovered automakers are discounting these models through rebates and other incentives by as much as 12 percent.

“More manufacturers than ever before are offering vehicles with a convertible option for consumers to choose from,” noted Jesse Toprak, vice president of industry trends and insights for TrueCar.com.

“The prices for convertibles can vary from $20,000 for a Fiat 500C to over $1 million for a Bugatti Veyron Convertible,” Toprak added.

Site analysts put the spotlight on several convertibles priced much lower than $1 million from a mix of domestic and foreign OEMs. Each vehicle included in the chart below has a combined fuel economy of at least 18 miles per gallon, while prices range from just above $22,000 to near $56,000.
 

 Year/Make/Model  MSRP  Average
 Price* 		 Percent
Discount** 		 Combined Fuel
 Economy(MPG)
 2011 Mitsubishi Eclipse Spyder  $28,774  $25,418  11.7  23
 2011 Ford Mustang Convertible  $35,495  $31,878  10.2  22.8
 2011 Chevrolet Corvette Convertible  $54,995  $49,555   9.9  19.3
 2011 BMW 3 Series Convertible  $60,525  $55,778  7.8  20.9
 2011 Infiniti G37 Convertible  $51,095  $47,116  7.8  18.8
 2011 Chrysler 200 Convertible  $27,195  $25,247  7.2  21.7
 2011 Mazda MX-5 Convertible  $23,905  $22,315  6.6  24.3
 2011 Volkswagen EOS Convertible  $33,710  $31,566  6.4  24.6
 2011 Volvo C70 Convertible  $40,825  $38,292  6.2  22.2
 2011 BMW 1 Series Convertible  $35,375  $33,547  5.2  21.4
 *Average price is the estimated average transaction price of a vehicle after incentives.
 ** Percent Discount is rounded to the nearest tenth.