C Car Depreciation
Mazda · convertible · mainstream

Mazda MX-5 Miata Depreciation Calculator

Calculate the Mazda MX-5 Miata depreciation rate by year, mileage, and country — with accident-history adjustments and a year-by-year depreciation chart.

The Mazda MX-5 Miata is the world's best-selling roadster and a benchmark for lightweight, affordable sports cars. Its cult following, low production volumes, and reputation for reliability give it unusually strong resale — depreciation is among the slowest of any convertible, with 5-year retained value typically beating mainstream sedans.

1-year depreciation
12%
5-year retention
64%
MSRP
$29,330–$38k
Avg mi / year
8,500

Depreciation inputs

Depreciation during your 5-year ownership
$31,773
-95%
Value at purchase
$33,445
Brand new
Value when you sell
$1,672
5y / 60,000 mi
Depreciation / year
$6,355
Depreciation / mi
$0.53
ND2/ND3
4th generation (facelift) · started 2024

Current generation — no successor has launched yet.

Depreciation curve · your ownership window

BuySell

Year-by-year depreciation

Depreciation rate per year, based on an MSRP of $33,445

Age Value % Retained Annual depreciation
New $33,445 100%
Year 1 $29,432 88% -$4,013 (12%)
Year 2 $27,090 81% -$2,342 (8%)
Year 3 $25,084 75% -$2,006 (7.4%)
Year 4 $23,077 69% -$2,007 (8%)
Year 5 $21,405 64% -$1,672 (7.2%)
Year 6 $19,733 59% -$1,672 (7.8%)
Year 7 $18,060 54% -$1,673 (8.5%)
Year 8 $16,723 50% -$1,337 (7.4%)
Year 9 $15,385 46% -$1,338 (8%)
Year 10 $14,047 42% -$1,338 (8.7%)

Mazda MX-5 Miata depreciation by country

The same car depreciates at different rates in different markets. Here's how the Mazda MX-5 Miata depreciation rate changes across the seven major markets we track.

🇺🇸
United States
Baseline

Baseline market and the MX-5's largest. Manual-transmission Clubs and RF Grand Tourings hold value exceptionally well, with a passionate enthusiast base keeping used prices firm.

Currency: USD Unit: mi
🇨🇦
Canada
-5% retention

Short convertible season limits year-round demand, so depreciation runs slightly steeper than the US. Low-mileage garage-kept examples still command premiums in Ontario and BC.

Currency: CAD Unit: km
🇬🇧
United Kingdom
+5% retention

The MX-5 is a cultural icon in Britain and consistently the top-selling roadster. Strong enthusiast demand and a thriving club scene keep resale values unusually high.

Currency: GBP Unit: mi
🇪🇺
Europe
+2% retention

Popular across Germany, Italy, and the Netherlands as an affordable driver's car. Depreciation is slower than most small convertibles, especially for 1.5L manual variants favored in Europe.

Currency: EUR Unit: km
🇸🇦
Saudi Arabia
-18% retention

Convertibles are a tough sell in Saudi Arabia's climate, and the MX-5 is rare. Limited dealer support and weak used demand mean faster depreciation than the global average.

Currency: SAR Unit: km
🇮🇳
India
-25% retention

Not officially sold in India; only a handful of grey imports exist. Resale is highly unpredictable due to parts scarcity and no factory warranty support.

Currency: INR Unit: km
🇦🇺
Australia
+3% retention

Australia has one of the strongest MX-5 followings per capita. Demand for manual RF and Club trims keeps depreciation well below the sports-car segment average.

Currency: AUD Unit: km

Mazda MX-5 Miata depreciation after an accident

An accident on a vehicle's history permanently increases its depreciation rate, even after perfect repairs. Here's how much extra depreciation each severity level adds to a Mazda MX-5 Miata.

Minor accident
+9% depreciation

Paintwork, bumper scuffs, non-structural repairs. Disclosed on history reports but limited resale impact.

Moderate accident
+20% depreciation

Panel replacement, airbag deployment, meaningful CARFAX entry. Significantly accelerates depreciation.

Major accident
+35% depreciation

Frame damage, flood, salvage title. Permanent depreciation hit even after full restoration.

This "diminished value" is the extra depreciation a car carries after an accident. Insurance rarely reimburses it — our calculator bakes it into every depreciation estimate.

Mazda MX-5 Miata FAQ

How much does a Mazda MX-5 Miata depreciate per year?
The MX-5 Miata depreciates about 12% in its first year and roughly 5–7% annually thereafter — well below the convertible segment average. After 5 years, a typical Miata retains around 64% of its MSRP, making it one of the best-holding sports cars you can buy.
What is a Mazda MX-5 Miata worth after 5 years?
A $32,000 MX-5 Club purchased new will typically be worth around $20,500 after 5 years and roughly 42,500 miles. Manual-transmission cars and special editions like the 30th Anniversary can retain 5–8% more than automatics.
Why does the Miata depreciate so slowly?
Limited production (roughly 8,000–10,000 units/year in the US), cult enthusiast demand, Mazda's strong reliability record, and low average annual mileage all reduce depreciation. Miatas are often second cars driven under 9,000 miles per year, keeping condition and value high.
Does the RF hardtop depreciate differently than the soft-top?
The RF carries about a $3,000 MSRP premium and depreciates at a similar percentage rate, meaning it holds more absolute dollars. At the 5-year mark, RF models typically resell for $1,500–$2,500 more than equivalent soft-top trims.
How much does an accident reduce a Miata's resale value?
A minor accident reduces value by roughly 9%, a moderate accident by ~20%, and a major structural accident by 35% or more. Because Miata buyers are enthusiasts who scrutinize history reports, accident-branded cars suffer larger diminished-value hits than typical economy cars.