Mazda MX-5 Miata Depreciation

A Mazda MX-5 Miata will depreciate 46% after 5 years and have a 5 year resale value of $16,766.

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, 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 $6,056 80.57% $25,114 13,500 2021
2 $7,630 75.52% $23,540 27,000 2022
3 $9,603 69.19% $21,567 40,500 2023
4 $11,527 63.02% $19,643 54,000 2024
5 $14,404 53.79% $16,766 67,500 2025
6 $14,899 52.20% $16,271 81,000 2026
7 $16,448 47.23% $14,722 94,500 2027
8 $18,072 42.02% $13,098 108,000 2028
9 $18,624 40.25% $12,546 121,500 2029
10 $19,132 38.62% $12,038 135,000 2030
Years Old Depreciation Residual Value Resale Value
1 $6,056 80.57% $25,114
2 $7,630 75.52% $23,540
3 $9,603 69.19% $21,567
4 $11,527 63.02% $19,643
5 $14,404 53.79% $16,766
6 $14,899 52.20% $16,271
7 $16,448 47.23% $14,722
8 $18,072 42.02% $13,098
9 $18,624 40.25% $12,546
10 $19,132 38.62% $12,038

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 $7,630 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 $6,774. 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 2019 Mazda MX-5 Miata is our top pick for the best model year value for the MX-5 Miata. With the 2019, you would only pay, on average, 81% of the price as new, with 92% of the vehicle's useful life remaining. The 2018 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 $25,006 $183 $6,164 19.78% 80.57% Best
2018 $30,513 $23,282 $240 $1,724 6.89% 75.52% Better
2017 $29,933 $21,037 $327 $2,245 9.64% 69.19% Better
2016 $29,329 $18,866 $384 $2,171 10.32% 63.02% Good
2015 $29,543 $16,390 $500 $2,476 13.12% 53.79% Good
2014 $28,393 $15,532 $712 $858 5.23% 52.2%
2013 $28,296 $14,177 $812 $1,355 8.72% 47.23%
2012 $28,818 $12,987 $879 $1,190 8.39% 42.02%
2011 $28,297 $12,401 $1,011 $586 4.51% 40.25%
2010 $27,233 $11,558 $1,040 $843 6.8% 38.62%
2008 $25,497 $9,951 $1,425 $0 0% 33.44%
Year Price % Paid Value Rank
2020 $31,170 100%
2019 $25,006 80.57% Best
2018 $23,282 75.52% Better
2017 $21,037 69.19% Better
2016 $18,866 63.02% Good
2015 $16,390 53.79% Good
2014 $15,532 52.2%
2013 $14,177 47.23%
2012 $12,987 42.02%
2011 $12,401 40.25%
2010 $11,558 38.62%
2008 $9,951 33.44%
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 April 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.