Cabby Info - Buying & Selling

Updated: 13-Mar-2024

Buying a Cabriolet

Buyer's Guide: Buyer's Guide Download

Where to find and/or buy:

Selling a Cabriolet

Seller's Guide: TV List Download

Where to sell:

* new Hagerty's advice for selling on Bring-A-Trailer and selling in general.

Cabriolet Market Values

To owners this is great news, but not so much for buyers: The market value of Cabriolets has gone up significantly over the last several years. What used to be a $500 steal is no more.

How does market value differ from book value? Book value is what most insurance companies go by when determining a payout for your damaged vehicle. In a Cabriolet's case, you will need to either purchase classic car insurance (Hagerty, for example), get an Agreed Value policy, or fight your insurance company with lots of vigor. Insurance will want to use book value after an accident/theft, but your argument will be, "But to replace my still like-new Cabriolet with another will cost more than that! Look at all of these examples!" Currently, market value for these cars is higher than book value, in some cases, lots higher. Ergo, after you buy your dream car, or if you currently have it, take lots of photos and try to keep "comps" (comparison ads) filed away as well, just in case.

With that, here are the current (2023) market values for Volkswagen Cabriolets/Rabbit Convertibles in the USA (mostly stock; modified cars are not included):

Level One: $9,000 and up

Level 1 Exterior
Level 1 Interior
Level 1 Engine

Level Two: $4,500 to $8,500

Level 2 Exterior
Level 2 Interior
Level 2 Engine

Level Three: $2,000 to $4,000

Level 3 Exterior
Level 3 Interior
Level 3 Engine

Level Four: $0 to $1,500

Level 4 Exterior
Level 4 Interior
Level 4 Engine

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