Hack The Mazda MX-5 Miata Market: Depreciation Secrets and Buying Guide
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- เผยแพร่เมื่อ 16 ต.ค. 2024
- Miatas belong to the most affordable sportscar you can buy today and you can drive each generation without losing money to depreciation or by losing only very little. There are however important differences in depreciation trends between the different generations, and perhaps more important, also within each generation.
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If you are a value conscious buyer, I would avoid the cars from the latest model years such as 2023 and 2024. Depreciation trends are relatively steep and the cars are highly sensitive to mileage. If you are shopping for an ND generation, I would look at the cars that are a few years old.
In the NC and NB generation, this are flattening out and the differences between these are much smaller. Both generations are still depreciating, but due to similar price levels and mileage sensitivity, the absolute loss per year is fairly similar.
The NA generation in turn should be seen separate from the rest. The price trend is clearly different as prices are trending up. Price variability is high though and low mileage examples in pristine condition demand significant premiums.
Disclaimer: The Content is for educational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this video constitutes a solicitation, recommendation, or endorsement to buy or sell any cars. The information published has been obtained from or is based on sources which are believed to be accurate and complete. Although reasonable care has been taken, the completeness and the accuracy of any information published cannot be guaranteed. Any opinions may be wrong and may change at any time. You should always carry out your own independent verification of facts and data before making any purchase decision.
*What car would you like to see analyzed next?*
Alfa Brera and Alfa 159
Really nice to see the MX5 in there. I think you could also do an average cost per mile driven and break down the ownership cost estimate if you wanted to have more contetn in the videos. Then you could estimate how much will it cost you to buy say 2018 MX-5 and drive 10k/yr vs a Boxster or even look at the past data and say this is how much it would have cost you for context.
New generation of Tacoma vs new generation of Nissan frontier
2019 Miata ND2 RF G-184 Top Revolution owner here.
5 years with no issues (not even recalls) despite having many track-days etc.
I can sell it for the same money I bought it. But that is definitely not for free, because the inflation ate in the value of money.
Anyhow, Miata Is Always The Answer.
I got an S2000 in 2015 and have been driving it for free effectively ever since.
Not until u actually sell it
@@tomchick123 in today's world where cash itself is depreciating, not sure I can agree there
Seems like S2000 prices are coming down. Or it could just be my imagination 😂
Great car. I had an 04 AP2 I bought in 2010 for $13.5k and sold for $17k in 2017. I did put about $2k into it cosmetically. It had 36k when I bought it and 59.5k when I sold it.
Finally a Miata video! Love it, thank you for all the hard work.
Many thanks for this update ! Ex NC and current ND 2.0 Sport owner, 100% hobby car 😄🌞
It’s the type of car you buy with your heart, not your wallet; but they keep up better value wise than let’s say a Taycan 😉
Awesome as always, Harald, with the exception of one quote: 4:00 “I believe the updates over the years are relatively minor [referring to the ND Miata]”
The ND1 -> ND2 updates are one of the more significant mid-cycle updates of any sports cars in recent history.
Good point, i will put a note in the video.
Excellent video. As we approach winter where I live I’m shopping for an NC Miata with under 65000 miles. Most seemed to be priced around $11-14k. Realistically how much lower do you think I could buy one for? Seeking one with limited slip differential but that doesn’t seem affect pricing.
Really cool video. Subscribed!!
The Toyota MR2 would be a good one to see. No new models to factor in like the Miata, but multiple generations unlike the S2000.
Thanks for covering the MX-5. I prefer the looks of Japanese sports cars. Would love to get periodic updates like you do for the Porsche.
Great, an analysis on something like M2, M3, M4, CLA and other middle price sports cars would be appreciated🙏
If you keep buying used cars, you will reliably kill the market for manual shifting cars. This is especially true for low volume cars like MX5
I really liked the comparison (boxster) to other cars in the segment.
Would love to see a Volkswagen GTI depreciation analysis
I bought a stock 10k '04 Miata LS manual with 68,400 miles a month ago. I put down 8k with 2k financed at 5% through my credit union to build my credit a bit. It's a chick magnet 😅 and it's great on gas as well, it's turning into my daily over my all motor modded '98 Civic.
What would you say is the least depreciating sports car for roughly $40,000 - $50,000?
Thank you for the video!
This video contains a few cars with a low depreciation rate: th-cam.com/video/YUpkp5d8R2w/w-d-xo.htmlsi=tzCsopO_AS9qaWFP
ND1 is less wanted …. ND2 -ND3 has a hold because of the great engine upgrade
It would be interesting to see similar analysis on Toyota Prius and Ford F-150. 👍
Honda S2000 next with AP1 vs AP2 since they're immensely popular and still very relevant
I have a theory that Miata prices will continue lower as the ND2s push down the prices of NC2s and subsequently the NBs and NAs. And as more ND2s come on the used market the other Miata prices will go down until the next gen shows up and depending on the how the next gen turns out will determine when prices will rise again. Is my theory at least.
Would love to know where you get the pricing data. I would like to play around with it in Excel
He has explained it repeatedly, basically scrapping off auction sites completed listings, a variety of them
C7 Corvette updated review please
ND2 much superior than ND2 if you’re going for the 2.0
Waiting for a Granturismo video
I think i would rather buy a BMW Z4 E85 6 cylinder than a Mazda MX-5 ND. I have had the ND for a weekend. The Mazda is a great car. It was fun to drive to its limits, but the non-Recaro seats aren't good after some hours and the 4 cylinder has not a good sound. The BMW has older tech, but i think the seats have a bit more premium feel, better sound and performance for a similar price. I had a 6 cylinder Z3 in the past, so i think the Z4 E85 would be an upgrade as a drivers car. The next performance upgrade from a Z4 E85 would be a Porsche 981 for me.
Civic type r! In usa
Yessir
Idk why people like the s2k it's so heavy
The 986 is the true steal nowadays. S2000 level speed and miata price. And half of what it cost for an MR2. Don`t play that cliche reliability card here! 25 yr old cars all gonna have problems..
Well I mostly agree to get a 986 today (longtime S2000 owner here) but what you call cliche is statistical significance. It's more accurate to say the trouble a 986 might give you is worth the risk - you buy a car with good records and low-average miles and chances are it won't break your heart by mechanically totaling itself. It would be a mistake to buy a Japanese roadster if your heart is stirred by a P-car.
@@6mtzhp55 After continuous track useage on my 97 boxster for 3 years straight, it never let me down. Compared to the 3 miatas I had, the boxster maintenance is slightly (+20%) more expensive to own, but it is very manageable. The Japanese roadster are awesome cars, before they got overhyped... The scene of a naturally aspirated MR2 with 3 different panel colours on the front and rust bubbling rear fender plus a katana shifter costs the same as a