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Mazda MX-5 Miata Depreciation

A Mazda MX-5 Miata will depreciate 19% after 5 years and have a 5 year resale value of $27,976.

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 $34,688 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.

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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 $2,102 93.94% $32,586 12,000 2022
2 $3,302 90.48% $31,386 24,000 2023
3 $3,465 90.01% $31,223 36,000 2024
4 $4,926 85.80% $29,762 48,000 2025
5 $6,712 80.65% $27,976 60,000 2026
6 $8,810 74.60% $25,878 72,000 2027
7 $10,129 70.80% $24,559 84,000 2028
8 $10,753 69.00% $23,935 96,000 2029
9 $11,385 67.18% $23,303 108,000 2030
10 $12,855 62.94% $21,833 120,000 2031

Mazda MX-5 Miata Depreciation

Years Old Depreciation Residual Value Resale Value
1 $2,102 93.94% $32,586
2 $3,302 90.48% $31,386
3 $3,465 90.01% $31,223
4 $4,926 85.80% $29,762
5 $6,712 80.65% $27,976
6 $8,810 74.60% $25,878
7 $10,129 70.80% $24,559
8 $10,753 69.00% $23,935
9 $11,385 67.18% $23,303
10 $12,855 62.94% $21,833

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 $3,302 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 $3,410. 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 $1,441 per year. This adds up to around $7,205 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 2022 Mazda MX-5 Miata is our top pick for the best model year value for the MX-5 Miata. With the 2022, you would only pay, on average, 100% of the price as new, with 100% of the vehicle's useful life remaining. The 2021 and 2020 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
2022 $34,688 $34,688 $215 $0 0% 100% Best
2021 $34,605 $32,757 $248 $1,931 5.57% 93.94% Better
2020 $31,170 $28,503 $300 $4,254 12.99% 90.48% Better
2019 $30,809 $28,114 $383 $389 1.36% 90.01% Good
2018 $30,513 $26,633 $452 $1,481 5.27% 85.8% Good
2017 $29,933 $24,701 $560 $1,932 7.25% 80.65%
2016 $29,329 $24,670 $781 $31 0.13% 81.45%
2015 $29,543 $21,784 $868 $2,886 11.7% 70.8%
2014 $28,393 $19,591 $950 $2,193 10.07% 69%
2013 $28,296 $20,081 $1,071 +$490 -2.5% 67.18%
2012 $28,818 $19,224 $1,086 $857 4.27% 62.94%
2011 $28,297 $19,132 $1,216 $92 0.48% 63.31%
2010 $27,233 $16,698 $1,403 $2,434 12.72% 56.16%
Year Price % Paid Value Rank
2022 $34,688 100% Best
2021 $32,757 93.94% Better
2020 $28,503 90.48% Better
2019 $28,114 90.01% Good
2018 $26,633 85.8% Good
2017 $24,701 80.65%
2016 $24,670 81.45%
2015 $21,784 70.8%
2014 $19,591 69%
2013 $20,081 67.18%
2012 $19,224 62.94%
2011 $19,132 63.31%
2010 $16,698 56.16%

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: