I bought my 2001 Cabrio used in May of 2009 with a little less than 100k miles. I paid $1300 cash and have definitely gotten my money's worth.
However, it is a cheaply made car. The convertible top came apart at the seam. A shop quoted me over $700 to fix/replace it... no thanks... I stitched it myself with heavy duty thread and put gorilla glue over the stitch.
The car would run horribly in the rain, if at all. Had to replace the ignition coil, distributor cap, rotor and plugs to take care of that problem. Radio reset to safe and I didn't have the manual or code, so I ordered and installed an aftermarket stereo.
The passenger window motor/assembly is broken, so I have it constantly up using wood shims... LOL.
The interior fixtures seem like they're from a Yugo.
I wouldn't recommend this car to anyone. I know Volkswagen makes good cars, but Cabrios aren't one of them.
My 2001 Cabrio has had so many problems, my dream car has turned into a nightmare. Buyer beware!!!
To anyone owning one of these cars, please go to safercar.gov and start a investigation for a recall.
I have replaced so many parts that shouldn't have failed, but due to the faulty electrical components on all of these cars (made in Mexico), the systems fail and fall like dominoes, costing thousands of dollars!!!
Transmissions, to windows not going up and down, to starters... Axles to brake systems.
My car has been in the shop now for over 6 months, and Volkswagen doesn't claim these major defects costing people a lot. Most blue collar people buy VW because of the "German" background; it's not German, it's Mexican, look on your door.
Gary Bruer, VW sucker, I got taken too...
Safercar.gov complaint: 10505121