Skip advert
Advertisement

Your first oversteer car - Mazda MX-5 buying guide

What to look for, and how much to pay when buying an MX-5.

The original MX-5 of 1990 was an instant hit, with its Lotus Elan-aping styling, 115bhp 1.6-litre twin-cam (joined in 1994 by a 1.8), double-wishbone suspension and classic ragtop vibe. It was replaced in 1998 by the slightly bigger, heavier and more refined mk2 (without the original’s pop-up lights). Pick of the mk2s were the 1.8iS, with 146bhp and an LSD, and the six-speed Sport. A facelift in 2001 (known as the mk2.5) preceded the mk3 in 2005.

Advertisement - Article continues below

HOW MUCH TO RUN ONE?

Tatty mk1s start at a grand, mk2s at £1500, while late high-spec mk2s can fetch up to £6000. But there are plenty of LSD-equipped 1.8iS and Sport models from £2000.

CHECKPOINTS

MX-5s rust around sills and rear wheelarches, so check that these are either original and sound, or have been repaired and protected with cavity wax. Also check the hood – drain holes should be clear. Engine rattles should disappear quickly from a cold start, and gear changes should be smooth and precise. Avoid excessively lowered cars and those without PAS. Find out more at www.mx5nutz.com

SERVICE: £79

TYRES (two rear, fitted): £200

EXHAUST (fitted, cat-back): £157

INSURANCE*: £348

ROAD TAX (12 months): £270

FUEL** (10,000 miles): £1574

TOTAL: £2628

* Insurance based on a 30-year-old male, two years’ NCD, living in Stamford, office worker, no accidents or convictions. Quotes from Adrian Flux (adrianflux.co.uk).

** Fuel cost based on official ‘combined’ mpg and unleaded at £1.35 per litre

Specifications

Mazda MX-5 (Mk2)
Engine In-line 4-cyl, 1839cc
Max power 146bhp @ 7000rpm
Max torque 124lb ft @ 5000rpm
Weight (kerb) 1065kg
Power-to-weight 140bhp/ton
0-60mph 8.6sec (claimed)
Top speed 123mph (claimed)
Years ’98-’05
Price when new £18,000 (2004)
Price today £2000-£4000
Skip advert
Advertisement

Recommended

Latest Rocketeer Mazda MX-5 will best the Ferrari F40 on power-to-weight
Rocketeer MX-5
News

Latest Rocketeer Mazda MX-5 will best the Ferrari F40 on power-to-weight

Rocketeer’s been stuffing V6 engines into MX-5s for a few years now. Its operation is now expanding
11 Dec 2025
Mazda MX-5 review – Japan’s lightweight sports car icon endures
Mazda MX-5 front
In-depth reviews

Mazda MX-5 review – Japan’s lightweight sports car icon endures

That the MX-5 still exists in today’s era of huge, heavy electrified cars is a miracle. That it’s better than ever is the cherry on the cake
22 Oct 2025
Mazda MX-5 RF 2025 review – evo Car of the Year 2024’s people’s champion
Mazda MX-5 RF front
Reviews

Mazda MX-5 RF 2025 review – evo Car of the Year 2024’s people’s champion

The Mazda MX-5 RF is a real palate cleanser in an otherwise heavy, disconnected 2025 performance car marketplace
23 Jan 2025
Skip advert
Advertisement

Most Popular

Ferrari Amalfi review – Maranello’s 631bhp Aston Martin Vantage rival
Ferrari Amalfi – front
Reviews

Ferrari Amalfi review – Maranello’s 631bhp Aston Martin Vantage rival

The Ferrari Amalfi replaces the Roma as Maranello’s entry-level car – one with almost as much power as an Enzo…
19 Dec 2025
Best performance cars 2025 – the year’s finest driver’s picks
Best cars 2025
Best cars

Best performance cars 2025 – the year’s finest driver’s picks

The last 12 months have been chock full of incredible driver’s cars from all corners of the market. We list them all
20 Dec 2025
evo Car of the Year 2025: 12 best performance cars go head-to-head
eCoty 2025 video
News

evo Car of the Year 2025: 12 best performance cars go head-to-head

It's time. 12 outstanding contenders and 15,000 miles on some of Europe's best roads, we embark on the ultimate trip to identify the best performance …
19 Dec 2025