BMW has announced the pricing details on the new 2015 BMW 2 Series Convertible, which will join the coupe in early 2015. (right before the winter – which makes it an awkward time to launch a convertible).

Pricing will start at $38,850 for the BMW 228i Convertible and $40,650 for the 228i xDrive. The BMW M235i Convertible will start at $48,650.

“The BMW 2 Series Convertible follows in the tire tracks of the pioneer and undisputed leader in its class – the BMW 1 Series Convertible,” BMW said in a statement. “The 1 Series Convertible entered the fray as the first open-top premium model in the sub-compact segment, went on to defend its position as clear market leader against subsequent pretenders to its throne, and achieved sales figures in excess of 130,000 units worldwide. The development team for the new BMW 2 Series Convertible has focused squarely on building on the strengths which proved pivotal to this success.”

The BMW 228i Convertible is powered by a 2.0 liter 4-cylinder BMW TwinPower Turbo technology with twin-scroll turbocharger. The engine produces a strong 240-hp and 255 lb-ft of torque. The 228i Convertible will run from 0-60 mph in 5.7 seconds. The BMW 235i Convertible is powered by a 3.0 liter higher-output M Performance TwinPower Turbo inline six making 320-hp and 330 lb-ft of torque. With the standard 8-speed Steptronic sport transmission with Launch Control function, the BMW M235i Convertible goes from 0-60 mph in 4.8 seconds.

The 2015 BMW 2 Series Convertible will make its U.S. debut at the 2014 Los Angeles International Auto Show and will hit showrooms in US showrooms in early 2015.