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United Kingdom market

Mazda MX-5 (NA)

1989–1997

Add to Garage
  • Lowest price

    £3,850

    Since 2020

  • Median price

    £3,850

    Since 2020 · n=1

  • Highest price

    £3,850

    Since 2020

  • Sold cars

    1

    All time

  • Sell-through

    100%

    Of 1 lots

Mazda MX-5

Based on 1 verified auction result

HOLDAppreciatinglow confidence

£9,030

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

£15,289

+69%

5-Year Forecast

£18,238

+102%

Estimates pool 57 verified sales across United Kingdom, Australia, United States — cross-market prices FX-adjusted at Jul 2026 rates.

Market scores

38

Desirability

Illiquid

10

Liquidity

Excellent

85

Resale Outlook

How many remain

See how many Mazda MX-5 remain on UK roads · 2025 Q4.

Licensed

4,724

Cars

SORN

11,115

Cars

Sourced from DVLA registration data via howmanyleft.co.uk. SORN = Statutory Off-Road Notification (registered but off-road).

Option premiums

What every option is worth.

  • Limited-slip diff

    +£1,767+20%

    12 with · 45 without · high confidence

  • Built ≤ 1992

    £703-8%

    29 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 UK market for the Mazda MX-5 NA has posted a 25% gain over the past year, with the median price now sitting at £9,030, though this valuation rests on minimal transaction data—just one recorded sale in the tracked period, which limits confidence in the signal.

Liquidity remains a significant constraint, with zero active listings currently available and only one sale tracked across the entire twelve-month window. This illiquid state means buyers seeking an NA-generation MX-5 may face extended search periods, while sellers have limited pricing reference points.

The NA MX-5 carries a collectibility score of 6 and sits within the appreciating classic category, though desirability remains low relative to other market segments. Production volume data is unavailable, but the model's longevity and global production run suggest adequate supply exists in the secondhand pool.

Base projections point to meaningful appreciation, with the median expected to reach approximately £15,289 within three years (a 69% gain) and £18,238 within five years (doubling from current levels). These forecasts are grounded in the appreciating classic classification and recent upward momentum, though the thin transaction sample introduces material uncertainty.

The hold-or-wait recommendation reflects genuine appreciation potential offset by illiquidity constraints and low current desirability. Prospective buyers should approach this segment with patience, as pricing discovery remains limited and competitive stock is sparse in the present market.

Depreciation Benchmark

  • Current avg value£9,030
  • 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.

UK Park (DVLA)

  • Still licensed4,724
  • SORN'd (off-road)11,115
  • Total in DVLA records15,839
  • All Mazda MX-5s38,277
DVLA quarterly data, last updated 2025 Q4. Licensed = currently taxed and on the road. SORN = registered as off-road (storage, restoration).

Vehicle History Signals

  • Auction lots tracked58
  • Damage or salvage declared0 (0.0%)
  • No damage declared58 (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)£450
  • Maintenance£900
  • Storage£2,400
  • Depreciation— (appreciating)
  • Total annual cost£3,750
This car has historically appreciated — carrying cost is offset by value growth, not eroded by depreciation.

For sale now · 1 live

All live deals

Market Liquidity

  • Active Listings0
  • Sales Last 12 Months0
  • Sell-Through0%

Market Snapshot

  • Active Listings0
  • Avg Sale Price£3,850
  • Avg Mileage at Sale
  • Recent Price Range£3,850 – £3,850
  • Total Sales Tracked1

Recent sales

  • £3,850

    Collecting Cars · 13 Jul 2023

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