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Mazda

Mazda - MX-5 Mk1 (1996)

Looking for a classic thrill? The Mazda MX‑5 Mk1, first released in 1996, instantly became a favorite among roadster enthusiasts. It offered a breezy, lightweight driving experience wrapped in a timeless design that still turns heads today. Whether you’re curious about the Mazda MX‑5 Mk1 price or wondering what a 1996 Mazda MX‑5 Mk1 is worth today, this concise guide gives you a clear snapshot without spilling the exact figures, as they can vary widely by market, mileage, and condition.

Key Specs of the Mazda MX‑5 Mk1

  • Model Year: 1996‑1999
  • Engine: 1.6‑liter inline‑4, producing ~97 hp (varies slightly by model)
  • Transmission: 5‑speed manual or optional 4‑speed automatic
  • Fuel Type: Regular gasoline
  • Drive Layout: Front‑engine, rear‑wheel drive
  • Dimensions:
    • Length: ~3.7 m (about 146 in)
    • Wheelbase: ~2.27 m (89 in)
    • Weight: ~950 kg (about 2,095 lb)
  • Performance: 0‑60 mph (97 km/h) in roughly 8.5 seconds (with manual)
  • Top Speed: ~202 km/h (125 mph)
  • Seat Capacity: 2 seats, front‑seat only for rear passengers
  • Notable Features:
    • Soft top convertible roof
    • Rear‑view camera (optional) and side mirrors with integrated turn signals
    • Driver‑focused interior with minimalistic controls

When assessing the used Mazda MX‑5 Mk1 price, economists and experienced dealers typically observe a pattern of steady depreciation. The Mazda MX‑5 Mk1 depreciation curve is relatively mild compared to many performance cars, thanks largely to its enduring desirability as a “pure driving” machine.

Depreciation Insight

  • First year: usually loses 15‑20% of its initial value as a new car enters the market.
  • After three years: around 30‑35% decline from the new car price.
  • Between five to ten years: typically drops an additional 10‑20%, stabilizing toward a value that reflects mileage, condition, and completeness of features.
  • Long‑term: The MX‑5 Mk1 can retain a higher residual value compared to contemporaries when maintained in low mileage and with original equipment, often due to its strong collector appeal.

So, what is the 1996 Mazda MX‑5 Mk1 worth today? While the exact figure depends on region, mileage, and


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