Mazdaspeed MX-5 Miata Values
The chart below is comprised of total average national sales of MSMs during the year indicated. These averages were tabulated using actual sales figures provided by Buyers/Sellers of vehicles sold in Canada during the year indicated. They do not in any way represent ALL sales of MSMs during a particular year. Sales Values naturally are affected by many factors such as condition, mileage and geographical location.
In 2020, the prices of the MSMs exploded upward and are creeping closer to the $20K mark for those ultra low miles cars. We had our first $20K sale in 2020 for just such a car.
For the first quarter of 2021 so far the prices have dipped slightly as the cars documented averaged 151,000 Km, substantially higher than 2021. In fact every car sold this year except one was nearly twice as high than any of the sold vehicles from last year.
Of the cars in the registry it appears most owners, being enthusiasts have taken excellent care of their MSM which should help stabilize values for the future even though the cars are getting older. Surprisingly, there are still quite a few cars out there with very low mileage (under 50,000 Km) AND a number of Original Owners still enjoying their MSM.
Average mileage in Kilometres on the sold vehicles for the past few years is as follows:
2014 - 65,000 Km
2015 - 76,000 Km
2016 - 82,000 Km
2017 - 88,000 Km
2018 - 59,000 Km
2019 - 86,000 Km
2020 - 59,000 Km
2021 - 120,000 Km (Year-to-date)
Values in the USA are more difficult to track so I also took the past sales on Bring A Trailer and Cars & Bids for MSMs to compare the US and Canadian markets. Based on this data only, it appears the values of the clean low mileage examples of the US MSM are definitely on the rise.
Here is a snapshot of MSM Sales on Bring A Trailer, and Cars & Bids two on-line auction houses based in the USA, provided without prejudice.
Remember these are in U.S. dollars!