BMW 1 Series Cabrio (E88) — €10 000 Budget for Bavarian Rear-Wheel-Drive Fun

Short history

In 2008 BMW lopped the roof off the first-generation 1 Series and created the E88 Cabrio. Its fully electric soft-top folds beneath an aluminium deck in 22 s, while the classic rear-wheel drive and 50:50 balance stayed intact. A 2011 facelift added LED tail-lights and an updated iDrive. Production ended in 2013, the torch passing to the 2 Series Cabrio—but well-kept E88s still fit comfortably into today’s €10 000 budget. Remarkably for a convertible, roughly one quarter of the cars on the market are diesels.

Next instalment in our series

After the Mini Cooper Cabrio, Fiat 500C and Mercedes-Benz SLK R171 and more it’s time for a four-seat, rear-driven drop-top—something rare in this class and at this price.

How much is a BMW 1 Cabrio today?

€3 000–5 000 – Yes, they exist, but you’ll likely spend another €2–3 k in the first year. Think 118i/118d with 200 000 km+, tired roofs and warning lights.
€6 500–9 500 – The sweet spot: tidy 118i/118d/120i around 150 000 km, full history, functioning roof—an ideal base for making it excellent.
€9 500–10 500 – Top of the budget: late-facelift 120i or the odd high-mileage 125i; occasional 118i with M Sport pack.
≥ €12 000 – Clean 125i/128i automatics. The twin-turbo 135i starts around €14 k, so we’ll cover it another time.

Which version makes sense at about €10 000?

  • Daily commute & economy118d (143 hp): around 5 l/100 km, low road tax. Watch the N47 timing chain.
  • Best all-rounder120i (170 hp): likes to rev, 0-100 km/h in 8.4 s. Keep an eye on N43 injectors and coils.
  • Weekend fun125i (218 hp): legendary straight-six, 6.8 s to 100 km/h. Look for oily valve-cover leaks.
  • Budget entry118i (143 hp): cheapest to buy and insure; sluggish with the auto but the most rational daily.
BMW 123d series 1 204 HP Cabrio

Why is it still worth a look?

• Rear-wheel drive and genuine Bavarian feel in a small cabrio.
• Four seats plus a 260 L boot with the roof up—no Tetris on weekend trips.
• Safety kit includes six airbags, DSC, optional xenons and active headrests.
• Real-world fuel use: 7–8 l/100 km in a 120i or under 5 l/100 km in a 118d—similar to many modern crossovers.

BMW 118i series 1 143HP

Summary

If you crave wind-in-the-hair motoring and classic BMW dynamics on a sensible budget, the E88 delivers. I’d hunt for a post-facelift 120i manual: quick enough to entertain, free of diesel timing-chain roulette and still gentle on your wallet. Check the boot is dry, cycle the roof a few times, listen for odd engine noises—then enjoy Bavarian top-down motoring for the price of a city hatchback.

Full engine comparison for the BMW 1 Series Cabrio (E88)

VersionYearsEngine & displacementPower (hp)Torque (Nm)0-100 km/hTop speed (km/h)Combined fuel (l/100 km)*
118d2009-2011Inline-4, 1995 cc (diesel)1433009.5 s2085.8
118i2008-2011Inline-4, 1995 cc1431909.3 s2108.0
120i2008-2011Inline-4, 1995 cc1702108.4 s2208.9
120d2008-2011Inline-4, 1995 cc (diesel)1773508.1 s2226.3
123d2009-2011Inline-4 biturbo, 1995 cc (diesel)2044007.5 s2306.3
125i2008-2011Inline-6, 2996 cc2182706.8 s2389.9
128i2008-2011Inline-6, 2996 cc2302706.7 s21010.7
135i2008-2011Inline-6 twin-turbo, 2979 cc3064005.7 s25012.7

*Owner-reported mixed driving.

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