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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

£9,030

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

£15,289

+69%

5-Year Forecast

£18,238

+102%

Estimates pool 60 verified sales across United Kingdom, Australia, United States — cross-market prices FX-adjusted at Jul 2026 rates.

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.

  • Limited-slip diff

    +£1,666+18%

    13 with · 47 without · high confidence

  • Built ≤ 1992

    £361-4%

    31 with · 19 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 UK market for Mazda MX-5 NA models shows a median asking price of £9,030, having appreciated 25 percent over the past twelve months, though this signal is built on limited transactional visibility with just one recorded sale in that period.

Liquidity remains a significant constraint; with no active listings currently tracked and minimal sales activity, buyers and sellers should expect extended search timescales and narrow negotiating windows. The illiquid status reflects low current desirability despite the model's collectible classification.

The NA generation MX-5 occupies a niche position within the classic car market—favored by enthusiasts but not yet commanding strong institutional attention. Its appeal remains driven primarily by model heritage and driving character rather than scarcity at the production level.

Base projections suggest material appreciation over the medium term, with models expected to reach £15,289 (up 69 percent) within three years and £18,238 (up 102 percent) within five years, tracking a gradual transition into established collector status. However, the low confidence rating and sparse recent transaction data warrant caution in treating these figures as firm guidance.

Current market sentiment points to a hold posture; the uptick in valuation is genuine but growth trajectories depend on sustained enthusiasm from the classic car market and continued scarcity of well-preserved examples. Prospective sellers should be prepared for patient marketing and realistic pricing discipline given the limited buyer pool.

Depreciation Benchmark

  • Current avg value£9,030
  • 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 tracked61
  • Damage or salvage declared0 (0.0%)
  • No damage declared61 (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

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