Are YOU Seeing used car prices drop around you? Get Mint Mobile for as low as $15 per month trymintmobile.com/cash Edit by our friends at @raceinstinct
Bought a 2002 NB for 8k a week and a half ago, 72k miles. Very well taken care of and zero rust. While I was looking for something more in the 5k range, this one was too good to pass up for how clean and low mileage it was.
same for me, I bought a NB2 2003 for 4800$usd, turbo, new paint, 0 rust 77k mile, the guy selling is a friend of mine, it was missing a tune, but its getting a tune in april
No drop in used car prices in Europe at the moment, more the opposite. The exception is EV’s. Prices (notably in the UK) have dropped through the floor as the market is saturated with EV’s coming off 3 year lease plans (which is how most people in the UK finance them - often through company car plans).
Just bought a ‘96 miata today! 5500 dollars. It’s got 70k miles on the engine and 170k on the body. It’s in pretty okay shape cosmetically but runs like a dream! Not sure if it’s a good deal yet but only time will tell haha. Looking forward to putting some work into it
The Miata market in my area is so strange. Utah has serious winters yet Miata prices might be the highest in the U.S. But if you travel to AZ/NM/NV/CA the prices drop drastically. I am not sure if this is due to certain type of people that live here thinking they poop solid gold or the fact they have 10 kids each and they all want Miatas, but it's annoying. Or maybe that Miatas are just more common in those other states? I saved about 3k on my Miata just by traveling out of state to get one, and now I could sell mine for about $4k above what I paid if I list it here. It's wild.
Looks like it’s time to start buying Miata’s and bringing them to your state! I definitely agree that rust issues and location has a good bit to do with prices. Here in CT you do have to be careful to get clean ones
Just stopping by to say hi. I never got the turbo installed in my Miata and I sold it for a STi lmao. I work in insurance and car prices are stabilizing across the board due to supply finally meeting demand. A lot of dealerships are sitting on pricy inventory and those who haven't cut their losses months ago are sitting on tons of negative equity. People who bought after the pandemic were absolutely blasted, paying well above market value and in most cases, are losing in both interest and depreciation without any equity.
The silver Miata with the black bumper was not legit, I jumped on it when I saw it, but when I got there the car was decent, but he lied about the title being in his name and could not put me in contact with the real owner. Also, it was cool seeing you at the autoX and Michigan.
Good to know! It did seem too good to be true, but it does look like someone else bought it. Michigan was likely my brother, But good to see you at the autocross as well!
Location within the US matters here as well and varies from state to state. I live in the southeast and I can tell you that the prices are still high here.
I agree location is definitely big. I’m in CT, I mostly look in New England but also look nationwide for fun! Do cars seem to be moving at those high prices? Up here cars listed high are taking a very long time to sell and I’m assuming they’re negotiated down a bit
@@CashedOutCars agree! Love the the channel by the way! I’m in GA and I would say that prices are holding steady with many selling in the 6 to 8k range. I recently purchased my 92 NA for a “steal” of 4000 but mostly because it had a rebuilt title (I know I know, conventional advice is stay away from rebuilt but the car is super clean). Most rebuilt titles are selling around 5k here from what I’ve recently seen.
Enjoyable video for us folks always keeping our eyes open for used enthusiast cars. Here in Canada, NA and NB Miata prices appear to be leveling off with the exception of very clean low-mileage ones. Suggestion for a future vid, could you go into which used VWs you like and the typical maintenance/fixes you do to get them reliable?
Great video! I just found your channel a few days ago through the KMiata build. Based on personal situation I think I'm gonna buy myself a fun car in about 2 years when my daughter gets her license and wants to drive the family car 😁 I'm torn between various cars like Miata, WRX, BRZ/FR-S, 350Z, 370Z, BMW 3 series (E36, E46), Z3 or Z4, Boxster, Cayman, Mustang (SN95, S197) and maybe stuff I'm forgetting right now🙃 At the end I may end up buying a brand new Ducati Streetfighter V2 and call it a day, who knows 🤣 Anyway, keep up the good work and continue convincing me to get myself a Miata 😀
Prices in my country have dropped about $1000 lower compared to January this year. Although it's still not so great I think it's heading towards a good direction
Man in CA I’ve been looking for a NA or NB but currently prices are so stupid. 10k for a beat up one and 20k for a clean used NA or NB is just stupid. Do you have recommendations where to buy one that isn’t as expensive as a new car?
Great video. I'm looking to get into cars and buy my first weekend car, ideally a roadster. I'm obviously lookking at the Miata. The prices you're seeing (~$5k) are I want to spend *at most.* What are your thoughts on buying a rebuilt title, assuming my insurance is willing to cover it? How much should I pay for a Miata with a rebuilt title if the mileage is ~100k?
Honestly it is quite the opposite in Europe, especially with Miatas, they gain on average between €200 and €500 every year. All the classics are ramping up in value. I would advise not to make assumptions based on what happens in a single market, you should leave these considerations to expert professionals.
I'm not sure if you did this intentionally but I think you may have set your frame rate wrong. Seems like it was recorded in 30/60 FPS but then was rendered in 24 FPS? Its most noticeable/distracting when watching your hands/lips as you talk. Also the video quality its great! New camera? Looking forward to more uploads! :)
@@CashedOutCars in 2022, it was difficult to find one for under £4000. I guess it still requires a bit of patience to find a decent one under £4000, but last year, seeing one go for £3995 was like too good to be true, it was almost impossible to find.
Ayy thanks my man! I’ve got them listed here, they’re expected to arrive with in the next week or two and I’ll start shipping them as soon as they arrive! cashedoutcars.bigcartel.com/product/enjoy-cashedoutcars-t-shirt
Good deals are out there! We picked up an ‘86 944 for around $800 in March, running and driving but needed new calipers all around and brake lines. Only has a little rusty spot on the rocker.
Overall - COVID crisis is ending. the supply and demand is regulating. because people are returning to jobs. another market that show this- Computers/Tech.
![Are Used Mazda Miatas WAY Overpriced? [New Buyers, Don't Overpay!]](http://i.ytimg.com/vi/4_f2zA5faHM/mqdefault.jpg)
![Are Used Mazda Miatas WAY Overpriced? [New Buyers, Don't Overpay!]](/img/tr.png)
Are YOU Seeing used car prices drop around you?
Get Mint Mobile for as low as $15 per month trymintmobile.com/cash
Edit by our friends at @raceinstinct
MoneyBags💰Keep spreading the word and PUSH prices down instead of letting them fall.
5:31 or 9:49 Is DaddyBigBucks getting a project car/track toy?
Bought a 2002 NB for 8k a week and a half ago, 72k miles. Very well taken care of and zero rust. While I was looking for something more in the 5k range, this one was too good to pass up for how clean and low mileage it was.
same for me, I bought a NB2 2003 for 4800$usd, turbo, new paint, 0 rust 77k mile, the guy selling is a friend of mine, it was missing a tune, but its getting a tune in april
No drop in used car prices in Europe at the moment, more the opposite. The exception is EV’s. Prices (notably in the UK) have dropped through the floor as the market is saturated with EV’s coming off 3 year lease plans (which is how most people in the UK finance them - often through company car plans).
Thanks for the insight! I should have specified that this is for the American Market
I’m looking at a MX-5 around £2000
Uk has goated car market
@@fungee6285 trust
Just bought a ‘96 miata today! 5500 dollars. It’s got 70k miles on the engine and 170k on the body. It’s in pretty okay shape cosmetically but runs like a dream! Not sure if it’s a good deal yet but only time will tell haha. Looking forward to putting some work into it
Thanks.
You went a little off topic for a bit, but this is what I was looking for.
Thinking about getting a Miata. Trying to see what's out there.
The Miata market in my area is so strange. Utah has serious winters yet Miata prices might be the highest in the U.S. But if you travel to AZ/NM/NV/CA the prices drop drastically. I am not sure if this is due to certain type of people that live here thinking they poop solid gold or the fact they have 10 kids each and they all want Miatas, but it's annoying. Or maybe that Miatas are just more common in those other states? I saved about 3k on my Miata just by traveling out of state to get one, and now I could sell mine for about $4k above what I paid if I list it here. It's wild.
Looks like it’s time to start buying Miata’s and bringing them to your state! I definitely agree that rust issues and location has a good bit to do with prices. Here in CT you do have to be careful to get clean ones
@@CashedOutCars That's another thing adding to the strangeness. We use salt on our roads here and have rust issues as well.
Just stopping by to say hi. I never got the turbo installed in my Miata and I sold it for a STi lmao. I work in insurance and car prices are stabilizing across the board due to supply finally meeting demand. A lot of dealerships are sitting on pricy inventory and those who haven't cut their losses months ago are sitting on tons of negative equity. People who bought after the pandemic were absolutely blasted, paying well above market value and in most cases, are losing in both interest and depreciation without any equity.
Thanks for this valuable insight! I’m glad to hear what I’m observing isn’t just from my marketplace browsing.
What year STI? They’re sweet cars!
You should make a video on your favorite methods and sources you use to find used solid cars for sale.
I’d certainly consider that, for the most part I just browse marketplace and craigslist
The silver Miata with the black bumper was not legit, I jumped on it when I saw it, but when I got there the car was decent, but he lied about the title being in his name and could not put me in contact with the real owner. Also, it was cool seeing you at the autoX and Michigan.
Good to know! It did seem too good to be true, but it does look like someone else bought it.
Michigan was likely my brother, But good to see you at the autocross as well!
Location within the US matters here as well and varies from state to state. I live in the southeast and I can tell you that the prices are still high here.
I agree location is definitely big. I’m in CT, I mostly look in New England but also look nationwide for fun! Do cars seem to be moving at those high prices? Up here cars listed high are taking a very long time to sell and I’m assuming they’re negotiated down a bit
@@CashedOutCars agree! Love the the channel by the way! I’m in GA and I would say that prices are holding steady with many selling in the 6 to 8k range. I recently purchased my 92 NA for a “steal” of 4000 but mostly because it had a rebuilt title (I know I know, conventional advice is stay away from rebuilt but the car is super clean). Most rebuilt titles are selling around 5k here from what I’ve recently seen.
Now let’s hope for Miata hardtop prices to go down so I can scoop one! 🤞🏼
I’ve seen them listed in the $1600 range for the first time in a while, still too rich for my blood
@@CashedOutCars thats expensive? geez NC hardtop miatas are are going for about 8k USD (but in good shape). should i hold out?
@@stringsnare East coast NC Miata hardtops seem to average around 2.5k in decent condition just from a quick FBMP search. Where are you located?
@@raceinstinct damn man. I'm in Vancouver canada. they are going upwards of 15k here in CAD. f.... maybe i could import one from there to here?
Enjoyable video for us folks always keeping our eyes open for used enthusiast cars. Here in Canada, NA and NB Miata prices appear to be leveling off with the exception of very clean low-mileage ones.
Suggestion for a future vid, could you go into which used VWs you like and the typical maintenance/fixes you do to get them reliable?
I have also seen price drops here in canada.
Great video! I just found your channel a few days ago through the KMiata build. Based on personal situation I think I'm gonna buy myself a fun car in about 2 years when my daughter gets her license and wants to drive the family car 😁 I'm torn between various cars like Miata, WRX, BRZ/FR-S, 350Z, 370Z, BMW 3 series (E36, E46), Z3 or Z4, Boxster, Cayman, Mustang (SN95, S197) and maybe stuff I'm forgetting right now🙃 At the end I may end up buying a brand new Ducati Streetfighter V2 and call it a day, who knows 🤣
Anyway, keep up the good work and continue convincing me to get myself a Miata 😀
Prices in my country have dropped about $1000 lower compared to January this year. Although it's still not so great I think it's heading towards a good direction
Man in CA I’ve been looking for a NA or NB but currently prices are so stupid. 10k for a beat up one and 20k for a clean used NA or NB is just stupid.
Do you have recommendations where to buy one that isn’t as expensive as a new car?
I’d browse on marketplace and Craigslist and see what comes up. Be patient, good deals are out there!
Great video. I'm looking to get into cars and buy my first weekend car, ideally a roadster. I'm obviously lookking at the Miata. The prices you're seeing (~$5k) are I want to spend *at most.*
What are your thoughts on buying a rebuilt title, assuming my insurance is willing to cover it? How much should I pay for a Miata with a rebuilt title if the mileage is ~100k?
How much does an OG (04 or 05) Saab 9-5 Aero go for these days where you are?
Honestly it is quite the opposite in Europe, especially with Miatas, they gain on average between €200 and €500 every year. All the classics are ramping up in value. I would advise not to make assumptions based on what happens in a single market, you should leave these considerations to expert professionals.
finally saw a decent early 2000s ranger today that had little rust for $5'500. couple years ago they were the same price and nearly falling apart
I'm not sure if you did this intentionally but I think you may have set your frame rate wrong. Seems like it was recorded in 30/60 FPS but then was rendered in 24 FPS? Its most noticeable/distracting when watching your hands/lips as you talk.
Also the video quality its great! New camera? Looking forward to more uploads! :)
I really appreciate these miata price updates ( especially when they drop, because I need one!)
Yeah, I’m finding mk1 mx-5s for less than £3000 all the time now. And they are not in bad condition either
How’s that compare to a year or so ago? I’m not as familiar with the European market!
@@CashedOutCars in 2022, it was difficult to find one for under £4000. I guess it still requires a bit of patience to find a decent one under £4000, but last year, seeing one go for £3995 was like too good to be true, it was almost impossible to find.
The new editing and filming looks great! Also I keep seeing cheap Miata’s around me, might need a 5th!
Thank you! My friend Evan with the @raceinstinct channel did an excellent job on this one, we’ll be doing a lot more together in the future!
I’ve had 6 and am looking to pick up more soon🤣
The “coke” cashedoutcars shirt also looks great btw I’d buy one!
Ayy thanks my man! I’ve got them listed here, they’re expected to arrive with in the next week or two and I’ll start shipping them as soon as they arrive!
cashedoutcars.bigcartel.com/product/enjoy-cashedoutcars-t-shirt
I haven't seen any here in pnw, prices are still climbing :(
YES!!! THEY ARE DROPPING! at least in canada. ive seen ppl slashing prices on many cars.
but i dont know what kind of prices are fair for a miata..
Trying to find a NB here in SWPA for $4k that's not rusted out or over 200k miles is impossible.
I am happy to report I was able to land a 99 with 118k miles on it. Little bit of rocker rust but way nicer than most!! So happy!!
NA Miatas go from AU$14k to around AU$22k in Australia. I bought mine for AU7k many years ago and I'm not selling. Keeping it stock too. :)
Good stuff! Prices are still MUCH higher than they were 7-8 years ago here in the states too
‘My loss is your gain’. IMO, immediate red flag when buying a used car
I AM SO JEALOUS I WANT A MEYATAH SO BAD
Can't get a 944 like you used to!
Good deals are out there! We picked up an ‘86 944 for around $800 in March, running and driving but needed new calipers all around and brake lines. Only has a little rusty spot on the rocker.
We should host a Miata and 944 meet, we’ll have a good start between all our cars 🤪
Overall - COVID crisis is ending. the supply and demand is regulating. because people are returning to jobs.
another market that show this- Computers/Tech.