Mazda MX-5 Miata Depreciation

A Mazda MX-5 Miata will depreciate 47% after 5 years and have a 5 year resale value of $16,417.

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, and assumes a purchase price of $31,170 when new. Key in your purchase price, expected ownership period and estimated annual miles driven into our depreciation calculator, and we'll predict an expected resale value just for you.

Mazda MX-5 Miata Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $6,455 79.29% $24,715 13,500 2021
2 $9,064 70.92% $22,106 27,000 2022
3 $10,869 65.13% $20,301 40,500 2023
4 $12,571 59.67% $18,599 54,000 2024
5 $14,753 52.67% $16,417 67,500 2025
6 $15,498 50.28% $15,672 81,000 2026
7 $16,710 46.39% $14,460 94,500 2027
8 $18,072 42.02% $13,098 108,000 2028
9 $18,811 39.65% $12,359 121,500 2029
10 $19,565 37.23% $11,605 135,000 2030
Years Old Depreciation Residual Value Resale Value
1 $6,455 79.29% $24,715
2 $9,064 70.92% $22,106
3 $10,869 65.13% $20,301
4 $12,571 59.67% $18,599
5 $14,753 52.67% $16,417
6 $15,498 50.28% $15,672
7 $16,710 46.39% $14,460
8 $18,072 42.02% $13,098
9 $18,811 39.65% $12,359
10 $19,565 37.23% $11,605

Mazda MX-5 Miata Depreciation Calculator

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If you purchase a used Mazda MX-5 Miata that is 2 years old, then you could save $9,064 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 $5,689. 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 $152 $0 0% 100%
2019 $30,809 $24,611 $183 $6,559 21.04% 79.29% Better
2018 $30,513 $21,880 $240 $2,731 11.1% 70.92% Best
2017 $29,933 $19,823 $327 $2,057 9.4% 65.13% Better
2016 $29,329 $17,886 $384 $1,937 9.77% 59.67% Good
2015 $29,543 $16,061 $500 $1,825 10.2% 52.67% Good
2014 $28,393 $14,989 $712 $1,072 6.67% 50.28%
2013 $28,296 $13,938 $812 $1,051 7.01% 46.39%
2012 $28,818 $12,987 $879 $951 6.82% 42.02%
2011 $28,297 $12,232 $1,011 $755 5.81% 39.65%
2010 $27,233 $11,178 $1,040 $1,054 8.62% 37.23%
2009 $24,551 $10,405 $1,200 $773 6.92% 37.49%
2008 $25,497 $9,775 $1,425 $630 6.05% 32.75%
Year Price % Paid Value Rank
2020 $31,170 100%
2019 $24,611 79.29% Better
2018 $21,880 70.92% Best
2017 $19,823 65.13% Better
2016 $17,886 59.67% Good
2015 $16,061 52.67% Good
2014 $14,989 50.28%
2013 $13,938 46.39%
2012 $12,987 42.02%
2011 $12,232 39.65%
2010 $11,178 37.23%
2009 $10,405 37.49%
2008 $9,775 32.75%
Our Favorite Mazda MX-5 Miata Photo

About Our Data and "Useful Lifespan"

We aggregate and analyze millions of automotive data points from a variety of sources, including some of the industry's leading data providers. The historical depreciation tables, charts, values and overall rankings are conducted on a semi-annual basis, with our most recent update published in September 2020.

While the "Useful Lifespan" of a vehicle will vary greatly from one model to the next, and even one owner to the next, we have determined that twelve years is the most appropriate timeframe which will yield us good, usable data - and that any data beyond that timeframe becomes more dispersed, and ultimately less reliable. Moreover, maintenance costs beyond that timeframe become significantly more varied, as a vehicle owner's care of a particular vehicle will greatly impact its value, and ongoing maintenance costs. We are very much hopeful, however, that your car or truck will last well beyond twelve years, and that it gets you to where you want to go.

If you would like to know more about our data and process, check out our FAQ here.