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

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
Mazda MX-5 review – Japan’s evergreen roadster refreshed
2025 Mazda MX-5
In-depth reviews

Mazda MX-5 review – Japan’s evergreen roadster refreshed

The Mazda MX-5 is better than ever and is a breath of fresh air in the 2025 performance car landscape
25 Sep 2024
Skip advert
Advertisement

Most Popular

Honda Civic Type R for £5k off – save 10 per cent on the ultimate hot hatch
Honda Civic Type R deal
News

Honda Civic Type R for £5k off – save 10 per cent on the ultimate hot hatch

The Civic Type R is not long for this world and there are deals to be had on Honda’s pricey but near-perfect hot hatch
26 Jun 2025
Frontline MGA Factory Edition review – a quaint classic with a modern heart
Frontline MGA Factory Edition
Reviews

Frontline MGA Factory Edition review – a quaint classic with a modern heart

The MGB restomod specialist turns its attention to the B’s pretty predecessor. The result is compelling
26 Jun 2025
Can Lotus survive its latest crisis?
Lotus factory
Opinion

Can Lotus survive its latest crisis?

Lotus’s latest troubles are grabbing headlines, but the writing’s been on the wall for some time.
28 Jun 2025