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OK, I will bite. I would not expect they will get much lower immediatley. It will be a function of the economy and demand. If you want a convertible under $1,000/mo. Go find a dealer that will make you a deal on a car you order. Order it without any options. Use Mutiple security deposits to buy down the money factor, and if you are close, then put down a few extra dollars. If sales lag, you will see more deals that are either subsized through the money factor on the lease or the residual. If things get bad they could put extra incentives on them. However if I were a betting man, on a new 650convertible, I would say it won't get to the levels you stated.
A final option is to wait until the 640 comes out. It is cheaper than the 650, and may meet your criteria.
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