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United Kingdom market

Mazda MX-5 (NA)

1989–1997

Add to Garage
  • Lowest price

    £3,850

    Since 2020

  • Median price

    £3,850

    Since 2020 · n=1

  • Highest price

    £3,850

    Since 2020

  • Sold cars

    1

    All time

  • Sell-through

    100%

    Of 1 lots

Mazda MX-5

Based on 1 verified auction result

HOLDAppreciatinglow confidence

£8,396

Market value · recent verified sales

+25.0%

12-month change

Hold or Wait

Appreciating but pace slowing. Patient buyers may find better entry.

Median sold price up 25.0% over the last 12 months. Hold if owned; chasing the trend at peak carries risk.

MSRP

—

Collectibility

6/10

Collectible

3-Year Forecast

£14,215

+69%

5-Year Forecast

£16,957

+102%

Estimates pool 83 verified sales across United Kingdom, Australia, United States — cross-market prices FX-adjusted at Jul 2026 rates.

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Market scores

38

Desirability

Illiquid

10

Liquidity

Excellent

85

Resale Outlook

How many remain

See how many Mazda MX-5 remain on UK roads · 2025 Q4.

Licensed

4,724

Cars

SORN

11,115

Cars

Sourced from DVLA registration data via howmanyleft.co.uk. SORN = Statutory Off-Road Notification (registered but off-road).

Option premiums

What every option is worth.

  • Manual gearbox

    +£5,812+69%

    69 with · 3 without · low confidence

  • Hardtop included

    +£562+7%

    16 with · 67 without · high confidence

  • Built ≤ 1992

    −£362-4%

    42 with · 28 without · high confidence

Premiums compare the median price of sales with each option against comparable sales without it, mined from verified auction listings. Prices are adjusted to the model's median mileage before comparing. Sales are pooled across markets on a relative-price basis, so exchange rates and market levels can't skew the split. Options interact in ways a one-at-a-time split can’t capture — treat each premium as directional rather than gospel.

Marque analyst note

The Mazda MX-5 NA has reached a median asking price of £8,396 in the UK market, reflecting a 25 percent year-on-year gain. However, this signal rests on minimal transaction data—just a single recorded sale in the past twelve months—making current valuations a cautious read of genuine market momentum rather than a confirmed trend.

Liquidity remains severely constrained, with zero active listings tracked and only one sale in our sample. For sellers, this thinness means extended holding periods and limited price discovery; for buyers, it signals an opportunity set that is effectively closed at present. The low desirability rating underscores that the model operates outside mainstream collector demand.

The MX-5 NA sits at the collectible threshold with a score of 6, driven primarily by its lightweight, driver-focused character and enduring cult following among enthusiasts. Without production data, it is difficult to assess supply scarcity, though the marque's broad popularity globally has historically worked against extreme appreciation on UK examples alone. Condition and specification variance likely play outsized roles in final pricing within this illiquid segment.

Base projections suggest the median could reach £14,215 over three years and £16,957 over five years—representing gains of 69 percent and 102 percent respectively. These forecasts assume a continued low-volume but consistent upward trajectory as the model ages and surviving examples accumulate sentimental and mechanical appeal. The confidence level attached to these figures is low, reflecting the thin data foundation.

For current holders, the HOLD recommendation reflects a stable if modest upward bias without catalyst visibility. Entry-point buyers should treat any acquisition as a long-game hold rather than a near-term flip, given illiquidity and the need for exceptional condition or specification to move at premium levels.

Depreciation Benchmark

  • Current avg value£8,396
  • Annual appr. rate+25.0%/yr
  • Segment average+3.0 to +9.5%/yr
This model holds value better than its segment average — strong long-term hold.

UK Park (DVLA)

  • Still licensed4,724
  • SORN'd (off-road)11,115
  • Total in DVLA records15,839
  • All Mazda MX-5s38,277
DVLA quarterly data, last updated 2025 Q4. Licensed = currently taxed and on the road. SORN = registered as off-road (storage, restoration).

Vehicle History Signals

  • Auction lots tracked97
  • Damage or salvage declared0 (0.0%)
  • No damage declared97 (100.0%)
No damage or salvage declarations found in the titles and descriptions of the auction lots we track for this model. That's a good sign, not a guarantee — always commission a professional inspection and history check before buying.

Est. Annual Ownership Costs

  • Insurance (agreed value)£450
  • Maintenance£900
  • Storage£2,400
  • Depreciation— (appreciating)
  • Total annual cost£3,750
This car has historically appreciated — carrying cost is offset by value growth, not eroded by depreciation.

Market Liquidity

  • Active Listings0
  • Sales Last 12 Months0
  • Sell-Through0%

Market Snapshot

  • Active Listings0
  • Avg Sale Price£3,850
  • Avg Mileage at Sale—
  • Recent Price Range£3,850 – £3,850
  • Total Sales Tracked1

Recent sales

  • £3,850

    Collecting Cars · 13 Jul 2023

Common questions

What is a Mazda MX-5 (NA) worth in 2026?

The current United Kingdom market median is £8,396, based on 83 verified auction sales. Recent sales ranged from £3,850 to £3,850.

Is the Mazda MX-5 (NA) going up in value?

Over the last 12 months its United Kingdom median moved +25.0%. Past movement is not a guarantee of future value.

How many Mazda MX-5 (NA)s are for sale right now?

No live auction listings tracked right now — new lots are swept in several times a day, and you can follow the model to be notified.

Indicative only — not investment advice. Past performance is not a reliable indicator of future value.