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1989–2005Collector's Guide

Mazda Miata / MX-5

The car that revived the affordable roadster and proved simple, light, and fun beats horsepower.

Launched for 1990, the Miata (badged MX-5 outside North America) was Mazda's modern take on the classic British roadster — light, simple, and rear-wheel drive, but built with Japanese reliability the old British sports cars never offered. It single-handedly revived the small roadster segment and remains the best-selling two-seat convertible in history.

History

The first-generation NA (1989–1997) debuted with pop-up headlights, a 1.6-liter engine, and a curb weight under 2,200 lbs. Its simplicity and communicative handling were an immediate hit and set the template every generation since has followed.

A 1.8-liter engine arrived partway through the NA's run, adding power without sacrificing the car's light, tossable character.

The second-generation NB (1999–2005) replaced the pop-up headlights with fixed units, sharpened the styling, and offered more power, including a limited-run turbocharged Mazdaspeed MX-5 for 2004. Clean, unmodified examples of both generations are increasingly sought after as collector cars.

Notable Versions

1990 Base

First model year, 1.6L engine, pop-up headlights. The purest expression of the original concept.

1991 BRG Special Edition

British Racing Green paint with tan interior, one of the most collectible early special editions.

10th Anniversary Edition (2000, NB)

Limited-run special edition marking the model's first decade, with unique Sapphire Blue Mica paint.

Mazdaspeed MX-5 (2004)

Factory turbocharged NB, roughly 178 hp. Rare and increasingly collectible.

What to Look for When Buying

Key inspection points from experienced collectors.

Check rear frame rails and floor pans for rust

A common issue on cars from salt-belt states — this is the most important structural check on any Miata.

Budget for soft top replacement

The convertible top wears out over time and is a routine, expected maintenance item rather than a red flag.

Watch for modified examples if you want stock

The Miata's low cost and huge aftermarket support mean many cars have been modified — verify what you're actually buying.

Verify limited-edition authenticity

Special editions like the BRG and 10th Anniversary carry a real premium — confirm VIN and documentation match the claimed edition.

Inspect for accident history

Miatas are popular track and autocross cars; a pre-purchase inspection is worth it even on cars that look clean.

Quick Specs

Engine
1.6L–1.8L DOHC I4
Horsepower
90 hp (1990 base) – 142 hp (later NB)
Weight
approx. 2,200–2,400 lbs
Transmission
5-speed manual (6-speed late NB); automatic optional
0–60
approx. 7.5–8.5 seconds

Market Price Guide

Approximate USA asking prices

Project$2,500–$5,500
Driver$5,500–$12,000
Show$12,000–$25,000 (low-mile/special edition)

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