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Usually, a car with a folding fabric (canvas, vinyl, etc.) top, ie, slang for "convertible".

Also refers to a pre-1964 VW Beetle with a fabric sunroof, to distinguish it from the later metal sunroof models from 1964 on (also similar change on VW buses from 1967-68).
There's nothing like a ragtop with the top down for cruising around town on a warm evening.

Frank got one of those vintage-style aftermarket ragtops for his Beetle.
by JS Clark June 18, 2005
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I'm gonna drive my rag top with the roof down so I can feel the wind in my hair.
by shadowhawk March 10, 2004
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