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 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

Toyota’s new 400bhp four-cylinder aims squarely at Mercedes-AMG
Toyota GR Corolla
News

Toyota’s new 400bhp four-cylinder aims squarely at Mercedes-AMG

Toyota’s pushing on with the development of an all-new, high-performance four-cylinder power plant that could make its hot hatches hyper
10 Nov 2025
Bugatti Mistral review – behind the wheel of the £5m W16 swansong
Bugatti Mistral
Reviews

Bugatti Mistral review – behind the wheel of the £5m W16 swansong

When you’re invited to drive the 1578bhp, 282mph, convertible Bugatti Mistral, the one thing you don’t need is rain. But when it’s the final outing fo…
9 Nov 2025
Used Porsche Cayman GT4 (981, 2015 – 2016) review: a flat-six hero from £55k
Porsche Cayman GT4 981
Reviews

Used Porsche Cayman GT4 (981, 2015 – 2016) review: a flat-six hero from £55k

The appeal of one of our favourite sports cars hasn’t diminished a decade on from launch
10 Nov 2025