Mazda MX-5 Miata Depreciation

A Mazda MX-5 Miata will depreciate 38% after 5 years and have a 5 year resale value of $19,532.

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

Current Vehicle Age
Current Price
Own it For
Annual Miles

Mazda MX-5 Miata Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $4,822 84.62% $26,529 12,000 2022
2 $5,552 82.29% $25,799 24,000 2023
3 $8,001 74.48% $23,350 36,000 2024
4 $10,092 67.81% $21,259 48,000 2025
5 $11,819 62.30% $19,532 60,000 2026
6 $14,516 53.70% $16,835 72,000 2027
7 $14,766 52.90% $16,585 84,000 2028
8 $15,136 51.72% $16,215 96,000 2029
9 $16,456 47.51% $14,895 108,000 2030
10 $17,290 44.85% $14,061 120,000 2031

Mazda MX-5 Miata Depreciation

Years Old Depreciation Residual Value Resale Value
1 $4,822 84.62% $26,529
2 $5,552 82.29% $25,799
3 $8,001 74.48% $23,350
4 $10,092 67.81% $21,259
5 $11,819 62.30% $19,532
6 $14,516 53.70% $16,835
7 $14,766 52.90% $16,585
8 $15,136 51.72% $16,215
9 $16,456 47.51% $14,895
10 $17,290 44.85% $14,061

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 $5,552 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 $6,267. 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.

What About Mazda MX-5 Miata Insurance Costs?

The average cost to insure a Mazda MX-5 Miata is about $1,413 per year. This adds up to around $7,065 after 5 years of vehicle ownership. Unlike depreciation, this expense can often be lowered by shopping around for lower insurance premiums. Comparing quotes will ensure that you are not overpaying if you already own a Mazda MX-5 Miata. Or, if you are just researching, then it would be money-wise to know this cost before buying. Try our Competitive Quote Tool or the form below to get free quotes. Advertising Disclosure

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, 85% of the price as new, with 92% of the vehicle's useful life remaining. The 2019 and 2018 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 $209 $0 0% 100%
2020 $31,170 $26,617 $241 $4,734 15.1% 84.62% Best
2019 $30,809 $25,647 $293 $970 3.64% 82.29% Better
2018 $30,513 $23,103 $376 $2,544 9.92% 74.48% Better
2017 $29,933 $20,744 $445 $2,359 10.21% 67.81% Good
2016 $29,329 $18,827 $554 $1,917 9.24% 62.3%
2015 $29,543 $16,638 $774 $2,189 11.63% 53.7% Good
2014 $28,393 $15,883 $862 $755 4.54% 52.9%
2013 $28,296 $15,579 $943 $304 1.91% 51.72%
2012 $28,818 $14,755 $1,064 $824 5.29% 47.51%
2011 $28,297 $13,769 $1,079 $986 6.68% 44.85%
2010 $27,233 $12,715 $1,209 $1,054 7.65% 42.25%
2009 $24,551 $10,659 $1,397 $2,056 16.17% 37.73%
Year Price % Paid Value Rank
2021 $31,351 100%
2020 $26,617 84.62% Best
2019 $25,647 82.29% Better
2018 $23,103 74.48% Better
2017 $20,744 67.81% Good
2016 $18,827 62.3%
2015 $16,638 53.7% Good
2014 $15,883 52.9%
2013 $15,579 51.72%
2012 $14,755 47.51%
2011 $13,769 44.85%
2010 $12,715 42.25%
2009 $10,659 37.73%

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: