Mazda MX-5 (NA)
1989–1997
Lowest price
US$6,069
Since 2020
Median price
US$12,171
Since 2020 · n=56
Highest price
US$26,000
Since 2020
Sold cars
56
All time
Sell-through
100%
Of 56 lots

Based on 56 verified auction results
US$12,242
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
US$13,409
+10%
5-Year Forecast
US$13,808
+13%
Market scores
72
Desirability
Moderate
55
Liquidity
Excellent
85
Resale Outlook
Option premiums
What every option is worth.
Limited-slip diff
+US$2,304+19%13 with · 48 without · high confidence
Built ≤ 1992
−US$587-5%32 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 Mazda MX-5 NA has appreciated sharply over the past twelve months, with the median price climbing 25 percent to US$12,242, signaling sustained collector demand for the first-generation roadster. The sample of 27 transactions tracked in this period reflects solid market activity for a model now in its third decade.
Recent sales momentum remains broadly aligned with the longer-term appreciating trend, with moderate liquidity supporting steady price discovery. The total of 56 cars tracked across our database indicates reliable transaction flow, though the single active listing suggests relatively tight current supply in the secondary market.
The NA generation scores a six on our collectibility scale and carries a "high desirability" designation, driven by its status as the modern Japanese roadster that redefined the affordable two-seater segment. Strong enthusiast following and relatively low annual production numbers—now out of print for over two decades—continue to underpin appeal across the market.
Transacted examples show an average mileage of 58,421 miles, indicating that most surviving NA cars remain well-used driver cars rather than concours specimens. This mileage profile reflects the model's inherent appeal as an accessible, affordable classic that owners actually drive.
The three-year projection sits at US$13,409, implying a 9.5 percent gain from current levels, with a five-year base case of US$13,808 for total appreciation of 12.8 percent. These projections account for continued collector interest balanced against the growing supply of well-preserved examples entering the market as prices climb.
Depreciation Benchmark
- Current avg valueUS$12,242
- Annual appr. rate+25.0%/yr
- Segment average+3.0 to +9.5%/yr
Vehicle History Signals
- Auction lots tracked63
- Damage or salvage declared0 (0.0%)
- No damage declared63 (100.0%)
Est. Annual Ownership Costs
- Insurance (agreed value)US$600
- MaintenanceUS$1,210
- StorageUS$3,220
- Depreciation— (appreciating)
- Total annual costUS$5,030
For sale now · 1 live
All live dealsMarket Liquidity
- Active Listings1
- Sales Last 12 Months56
- Sell-Through100%
Market Snapshot
- Active Listings1
- Avg Sale PriceUS$13,701
- Avg Mileage at Sale58,421 mi
- Recent Price RangeUS$6,069 – US$26,000
- Total Sales Tracked56
Recent sales
Showing latest 20US$9,700
cars-and-bids · 21 Aug 2026
83,000 mi
5-speed manual
US$12,100
cars-and-bids · 19 Aug 2026
27,000 mi
5-speed manual
US$9,100
Bring a Trailer · 17 Aug 2026
21,000 mi
US$13,500
Bring a Trailer · 16 Aug 2026
Brilliant Black · 5-speed manual
US$7,800
Bring a Trailer · 15 Aug 2026
Classic Red · manual
US$21,550
Bring a Trailer · 14 Aug 2026
37,000 mi
Sapphire Blue Mica · manual
US$12,000
cars-and-bids · 14 Aug 2026
85,000 mi
Classic Red · 5-speed manual
US$7,300
Bring a Trailer · 14 Aug 2026
Crystal White · manual
US$25,500
cars-and-bids · 13 Aug 2026
5,000 mi
Manual
US$14,000
Bring a Trailer · 13 Aug 2026
23,000 mi
Crystal White · 5-speed manual
Indicative only — not investment advice. Past performance is not a reliable indicator of future value.
