Mazda - MX-5 Mk1 (1992)

When you think of the quintessential road‑oriented sports car that blends playful handling with a spirited, open‑top experience, the Mazda MX‑5 Mk1 instantly comes to mind. First introduced in 1990 and rolling off the production lines until 1997, the Mk1 is the original incarnation of Mazda’s beloved roadster. Its heritage and enduring appeal mean that when you read about the Mazda MX‑5 Mk1 price, you’re stepping into a world where nostalgia meets performance, and where each vehicle feels like a capsule of automotive history. While the exact value will differ by condition, modifications, and market, this overview offers a clear snapshot of what to expect when you’re exploring the buy‑or‑sell space for this iconic model.

• Model year range: 1990–1997 (focus on 1992 for precise pricing inquiries)
• Engine: 1.6L (1550 cc) inline‑four, 4‑valve per cylinder, rear‑drive layout
• Power: Approximately 110 hp (82 kW) @ 6,600 rpm; 95 lb‑ft (129 Nm) torque @ 5,000 rpm
• Transmission: 4‑speed manual (most common), 5‑speed optional on specific trims
• Electronic fuel injection: Yes, for improved throttle response
• Drivetrain: Rear‑wheel drive (RWD) with a simple, lightweight central differential
• Dimensions: Length 3,863 mm (152 in), Width 1,644 mm (65 in), Height 1,389 mm (55 in), Wheelbase 2,267 mm (89 in)
• Weight: 1,025 kg (2,260 lb) curb weight, depending on optional equipment
• Fuel economy: Approx. 13 l/100 km (17 mpg US) in city, 11 l/100 km (20 mpg US) on highway
• Safety features: Dual front airbags, reinforced steel chassis, optional head‑on collision sys‑
• Color palette: Classic racing blues, bright reds, subtle silvers, and wavy greens are common
• Interior: Cloth seats, simple dials, manual windshield wipers, minimalistic design focus on driver experience

Understanding the Mazda MX‑5 Mk1 depreciation trend is crucial when you’re browsing online listings or preparing to negotiate. Unlike many premium sedans that hold near-fleet value, the Mk1’s value is heavily driven by mileage, mechanical upkeep, and restoration quality. A typical depreciation path looks like this:

• Year 0–1: Typically loses 18–22% of its original list price, mainly due to initial wear and optional modifications
• Year 2–5: Slows to a smoother decline of 10–12% per year, especially if the car is kept under no‑tire change situations
• Year 5–10: Continuous 8–10% yearly drop, though values can shrink more dramatically if major engine or electrical issues arise
• Beyond 10 years: Depending on rarity, tick mark restorations or provenance, the car may see a modest value increase or a plateau at 15–20% of the original retail price

To give context, a well‑maintained 1992 Mazda MX‑5 Mk1 that has low mileage and a clean service history will typically sit on the higher end of the used price spectrum. In contrast, vehicles with heavy aftermarket kits, bent body panels, or incomplete documentation will trade at a discount that can reach a full