Depreciation & used values · Convertible
Mazda MX-5 depreciation
The Mazda MX-5 loses about 36% of its value in its first three years. From a list price of £30,500, a 2023 example with around 17,000 miles on the clock is worth about £17,150 today. The year-by-year table below values every age of MX-5 at its typical mileage, from the same model behind its full profile.
Value by registration year
What a used MX-5 is worth, year by year
Each row values that year's MX-5 at its typical mileage (5,719 miles a year). The headline is the midpoint of a private sale and a dealer forecourt price; the range reflects condition and history.
| Reg year | Age | Typical miles | Est. value | Likely range | Of new price |
|---|---|---|---|---|---|
| 2026 | <1 yr | 3,000 | £28,800 | £26,350–£31,250 | 94% |
| 2025 | 1 yr | 5,500 | £24,200 | £22,050–£26,350 | 82% |
| 2024 | 2 yrs | 11,500 | £20,550 | £18,650–£22,500 | 72% |
| 2023 | 3 yrs | 17,000 | £17,150 | £15,500–£18,850 | 62% |
| 2022 | 4 yrs | 23,000 | £13,900 | £12,500–£15,300 | 55% |
| 2021 | 5 yrs | 28,500 | £11,700 | £10,450–£12,900 | 48% |
| 2020 | 6 yrs | 34,500 | £9,800 | £8,750–£10,900 | 42% |
| 2019 | 7 yrs | 40,000 | £8,300 | £7,350–£9,250 | 37% |
| 2018 | 8 yrs | 46,000 | £6,900 | £6,100–£7,700 | 33% |
Values are the Forecourt model's estimate at each age's typical mileage, not offers. For a specific mileage, trim and region, use the full MX-5 profile →
The depreciation curve
Share of original value retained by age (to 8 years). The same curve drives the interactive chart on the profile.
Best time to buy or sell
Hold — Fair value — depreciation is moderating
- Loses about 12% a year around 3 years old
- UK numbers steady (-2.2% year on year)
- Reliability 66/100
MX-5 depreciation — quick answers
How much does a Mazda MX-5 depreciate?
The Mazda MX-5 loses about 36% of its value in the first three years. A 2023 example with around 17,000 miles is worth about £17,150 today.
What is a 2023 Mazda MX-5 worth?
A 2023 Mazda MX-5 at a typical 17,000 miles is worth about £17,150 — likely between £15,500 and £18,850 depending on condition and history.
When is the best time to buy or sell a Mazda MX-5?
Fair value — depreciation is moderating. It loses about 12.5% a year around 3 years old.