Mazda MX-5 Miata Depreciation

A Mazda MX-5 Miata will depreciate 48% after 5 years and have a 5 year resale value of $16,352.

The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 13,500 miles per year. It also assumes a selling price of $31,170 when new. Enter your purchase price, expected ownership period and estimated miles driven annually. Our depreciation calculator will predict an expected resale value for the Mazda MX-5 Miata.

Mazda MX-5 Miata Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $6,518 79.09% $24,652 13,500 2021
2 $9,127 70.72% $22,043 27,000 2022
3 $10,934 64.92% $20,236 40,500 2023
4 $12,636 59.46% $18,534 54,000 2024
5 $14,818 52.46% $16,352 67,500 2025
6 $15,563 50.07% $15,607 81,000 2026
7 $16,779 46.17% $14,391 94,500 2027
8 $18,141 41.80% $13,029 108,000 2028
9 $18,880 39.43% $12,290 121,500 2029
10 $19,637 37.00% $11,533 135,000 2030

Mazda MX-5 Miata Depreciation

Years Old Depreciation Residual Value Resale Value
1 $6,518 79.09% $24,652
2 $9,127 70.72% $22,043
3 $10,934 64.92% $20,236
4 $12,636 59.46% $18,534
5 $14,818 52.46% $16,352
6 $15,563 50.07% $15,607
7 $16,779 46.17% $14,391
8 $18,141 41.80% $13,029
9 $18,880 39.43% $12,290
10 $19,637 37.00% $11,533

Mazda MX-5 Miata Depreciation Calculator

Current Vehicle Age
Current Price
Own it For
Annual Miles

If you purchase a used Mazda MX-5 Miata that is 2 years old, then you could save $9,127 compared to buying new, and still have a relatively new model with plenty of useful life remaining. If you plan to keep this vehicle for 3 years then your total cost of depreciation would be $5,691. Try other age and ownership length combinations, or different vehicles to see if you can find depreciation sweetspots where this cost is the lowest. Hint: Try vehicles between 2 and 4 years old, as brand new vehicles depreciate quickly. Also, if this is a recently released model and buying a few years old isn't possible, consider another vehicle, or perhaps wait until more used MX-5 Miata models become available.

The Best Model Years to Buy a Mazda MX-5 Miata

The 2018 Mazda MX-5 Miata is our top pick for the best model year value for the MX-5 Miata. With the 2018, you would only pay, on average, 71% of the price as new, with 83% of the vehicle's useful life remaining. The 2019 and 2017 model years are also attractive years for the MX-5 Miata, and provide a relatively good value. Our rankings consider multiple factors, including the MX-5 Miata's price as new, current price, maintenance costs and remaining years of overall predictabe expenses. Our top ranked model year represents the most car for the money of the Mazda MX-5 Miata models.

Mazda MX-5 Miata Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2020 $31,170 $31,170 $214 $0 0% 100%
2019 $30,809 $24,611 $245 $6,559 21.04% 79.09% Better
2018 $30,513 $21,880 $302 $2,731 11.1% 70.72% Best
2017 $29,933 $19,823 $389 $2,057 9.4% 64.92% Better
2016 $29,329 $17,886 $447 $1,937 9.77% 59.46% Good
2015 $29,543 $16,061 $563 $1,825 10.2% 52.46% Good
2014 $28,393 $14,989 $774 $1,072 6.67% 50.07%
2013 $28,296 $13,938 $875 $1,051 7.01% 46.17%
2012 $28,818 $12,987 $941 $951 6.82% 41.8%
2011 $28,297 $12,232 $1,074 $755 5.81% 39.43%
2010 $27,233 $11,178 $1,103 $1,054 8.62% 37%
2009 $24,551 $10,405 $1,262 $773 6.92% 37.24%
2008 $25,497 $9,775 $1,488 $630 6.05% 32.5%
Year Price % Paid Value Rank
2020 $31,170 100%
2019 $24,611 79.09% Better
2018 $21,880 70.72% Best
2017 $19,823 64.92% Better
2016 $17,886 59.46% Good
2015 $16,061 52.46% Good
2014 $14,989 50.07%
2013 $13,938 46.17%
2012 $12,987 41.8%
2011 $12,232 39.43%
2010 $11,178 37%
2009 $10,405 37.24%
2008 $9,775 32.5%

Other Mazda MX-5 Miata Costs of Ownership

Finding a car or truck that saves on depreciation costs is important. But, it's also imperative to view all major Mazda MX-5 Miata costs. This will ensure that you are finding the vehicle that provides you the best value, at the lowest cost. We've created tools that will also help you to save on the following ownership expenses: