Mazda MX-5 Miata Depreciation

A Mazda MX-5 Miata will depreciate 37% after 5 years and have a 5 year resale value of $19,616.

The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 12,000 miles per year. It also assumes a selling price of $31,351 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 Calculator

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Mazda MX-5 Miata Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $3,452 88.99% $27,899 12,000 2022
2 $4,471 85.74% $26,880 24,000 2023
3 $7,405 76.38% $23,946 36,000 2024
4 $9,220 70.59% $22,131 48,000 2025
5 $11,735 62.57% $19,616 60,000 2026
6 $13,330 57.48% $18,021 72,000 2027
7 $13,888 55.70% $17,463 84,000 2028
8 $15,001 52.15% $16,350 96,000 2029
9 $16,146 48.50% $15,205 108,000 2030
10 $17,121 45.39% $14,230 120,000 2031

Mazda MX-5 Miata Depreciation

Years Old Depreciation Residual Value Resale Value
1 $3,452 88.99% $27,899
2 $4,471 85.74% $26,880
3 $7,405 76.38% $23,946
4 $9,220 70.59% $22,131
5 $11,735 62.57% $19,616
6 $13,330 57.48% $18,021
7 $13,888 55.70% $17,463
8 $15,001 52.15% $16,350
9 $16,146 48.50% $15,205
10 $17,121 45.39% $14,230

Buying a Mazda MX-5 Miata New vs Used

If you purchase a used Mazda MX-5 Miata that is 2 years old, then you could save $4,471 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 $7,264. 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 2020 Mazda MX-5 Miata is our top pick for the best model year value for the MX-5 Miata. With the 2020, you would only pay, on average, 89% of the price as new, with 92% of the vehicle's useful life remaining. The 2018 and 2019 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
2021 $31,351 $31,351 $215 $0 0% 100%
2020 $31,170 $27,984 $245 $3,367 10.74% 88.99% Best
2019 $30,809 $26,718 $303 $1,266 4.52% 85.74% Better
2018 $30,513 $23,697 $390 $3,021 11.31% 76.38% Better
2017 $29,933 $21,577 $447 $2,120 8.95% 70.59% Good
2016 $29,329 $18,914 $563 $2,663 12.34% 62.57% Good
2015 $29,543 $17,755 $775 $1,159 6.13% 57.48%
2014 $28,393 $16,690 $875 $1,065 6% 55.7%
2013 $28,296 $15,698 $942 $992 5.94% 52.15%
2012 $28,818 $15,052 $1,074 $646 4.12% 48.5%
2011 $28,297 $13,946 $1,103 $1,106 7.35% 45.39%
2010 $27,233 $12,957 $1,262 $989 7.09% 42.94%
2009 $24,551 $11,591 $1,488 $1,366 10.54% 41.15%
Year Price % Paid Value Rank
2021 $31,351 100%
2020 $27,984 88.99% Best
2019 $26,718 85.74% Better
2018 $23,697 76.38% Better
2017 $21,577 70.59% Good
2016 $18,914 62.57% Good
2015 $17,755 57.48%
2014 $16,690 55.7%
2013 $15,698 52.15%
2012 $15,052 48.5%
2011 $13,946 45.39%
2010 $12,957 42.94%
2009 $11,591 41.15%

Mazda MX-5 Miata Depreciation Rankings

Depreciation Rankings

We've ranked over 200 models from best to worst for Depreciation. See where the Mazda MX-5 Miata ranks for Depreciation compared to other vehicles. Also check out how the MX-5 Miata stacks up in our rankings for Maintenance, Insurance and Overall Costs.

Depreciation Rankings

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: