Here's my take on it. Dallas is a very materialistic city. Keeping up with the Joneses is an expensive and constant practice here.
There's a certain breed of gay guys that desire to be fabulous and to be seen being fabulous. They'll lease themselves up to their necks in a BMW convertible if that's what it takes. Most live WAY beyond their means in order to impress. I know a few that live in a total sh*thole but drive a nice car.
I laugh at the ones I see driving around in Sebrings, since IMO that's one of the most ill-conceived convertibles ever to hit the road. They shake, shimmy and look awful IMO. But the average gay guy isn't the best judge of a car as a whole. If it has a folding top and is shiny, it's a done deal for a majority of them.
This gay guy won't have a convertible unless it's a WELL DONE convertible. Aston Martin comes to mind...a car that looks like it was born without a top. Same with the Mercedes SL, a car that I continue to love after decades. It pleases ME, I couldn't care less how anyone else feels about it. But unless I come into some money from some unknown dying relative or hit the lottery, it's but a pipe dream.
Cutting the roof off a Sebring, Mustang, etc. doesn't a good convertible make. But this doesn't make any difference to those who simply wish to be seen.