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Australia market

Mazda MX-5 (NA)

1989–1997

Add to Garage
  • Lowest price

    $9,300

    Since 2020

  • Median price

    $16,050

    Since 2020 · n=4

  • Highest price

    $27,250

    Since 2020

  • Sold cars

    4

    All time

  • Sell-through

    100%

    Of 4 lots

Mazda MX-5

Based on 4 verified auction results

HOLDAppreciatinglow confidence

$16,050

Market value · recent verified sales

+25.0%

12-month change

Hold or Wait

Appreciating but pace slowing. Patient buyers may find better entry.

Median sold price up 25.0% over the last 12 months. Hold if owned; chasing the trend at peak carries risk.

MSRP

Collectibility

6/10

Collectible

3-Year Forecast

$27,175

+69%

5-Year Forecast

$32,417

+102%

Estimates based on 4 verified Australia sales.

Market scores

46

Desirability

Thin

30

Liquidity

Excellent

85

Resale Outlook

Option premiums

What every option is worth.

  • Limited-slip diff

    +$2,801+17%

    11 with · 42 without · high confidence

  • Built ≤ 1992

    $1,197-7%

    26 with · 18 without · high confidence

Premiums compare the median price of sales with each option against comparable sales without it, mined from verified auction listings. Prices are adjusted to the model's median mileage before comparing. Sales are pooled across markets on a relative-price basis, so exchange rates and market levels can't skew the split. Options interact in ways a one-at-a-time split can’t capture — treat each premium as directional rather than gospel.

Marque analyst note

The Mazda MX-5 NA has reached a median price of AUD $16,050 in the Australian market, reflecting a robust 25% year-on-year gain. This appreciation signals underlying strength, though the low-confidence rating warrants caution given the thin transaction base underpinning the data.

Market activity remains sparse, with only four sales tracked over the past twelve months. This limited liquidity presents both a constraint for sellers seeking quick exits and an opportunity for patient buyers, as the scarcity of comparable sales can exaggerate price movements in either direction.

The NA-generation MX-5 occupies the appreciating-classic tier, classified as collectible with moderate desirability. The model's accessible entry point, robust aftermarket support, and cultural significance as the first generation of Mazda's lightweight roadster have sustained collector interest, though production volumes and mileage profiles remain undocumented in this dataset.

The three-year base projection stands at AUD $27,175, implying 69% appreciation from current levels. The five-year outlook extends to AUD $32,417, representing a doubling of present value, suggesting the market anticipates continued scarcity value as surviving examples age and condition variation widens the spread.

Current holding patterns appear justified given the weak liquidity environment and the modest sales count. Any investor or enthusiast considering entry should recognize that thin trading can obscure fair value, and patience may yield better pricing once market depth improves.

Depreciation Benchmark

  • Current avg value$16,050
  • Annual appr. rate+25.0%/yr
  • Segment average+3.0 to +9.5%/yr
This model holds value better than its segment average — strong long-term hold.

Vehicle History Signals

  • Auction lots tracked53
  • Damage or salvage declared0 (0.0%)
  • No damage declared53 (100.0%)
No damage or salvage declarations found in the titles and descriptions of the auction lots we track for this model. That's a good sign, not a guarantee — always commission a professional inspection and history check before buying.

Est. Annual Ownership Costs

  • Insurance (agreed value)$910
  • Maintenance$1,830
  • Storage$4,870
  • Depreciation— (appreciating)
  • Total annual cost$7,610
This car has historically appreciated — carrying cost is offset by value growth, not eroded by depreciation.

Market Liquidity

  • Active Listings0
  • Sales Last 12 Months2
  • Sell-Through50%

Market Snapshot

  • Active Listings0
  • Avg Sale Price$17,163
  • Avg Mileage at Sale
  • Recent Price Range$9,300 – $27,250
  • Total Sales Tracked4

Recent sales

  • $27,250

    Collecting Cars · 29 Jul 2026

  • $14,100

    Collecting Cars · 30 Dec 2025

  • $9,300

    Collecting Cars · 9 Jul 2025

  • $18,000

    Collecting Cars · 10 Oct 2024

Indicative only — not investment advice. Past performance is not a reliable indicator of future value.