2021 Mazda MX-5 Miata: Lowest 5-Year Cost to Own

The perennially popular Mazda MX-5 Miata is also a smart buy. Kelley Blue Book (KBB) named the 2021 Mazda MX-5 Miata the best sports car in its 2021 Lowest 5-year Cost to Own Awards. While the Mazda MX-5 Miata starts with a reasonable purchase price, that is not all that makes it KBB’s Best Sports Car 5-Year Cost to Own winner. KBB also considers loan payments, insurance prices, expected maintenance costs, fuel and, of course, depreciation and trade-in value.

Kelley Blue Book predicts the 2021 Mazda MX-5 Miata to cost $42,330 over 5 years, compared to $55,471 for the average sports car in its segment. While the 2021 Mazda MX-5 Miata starts at under $27k (for the soft-top Sport), there are many more reasons KBB chose it as the best buy in sports cars.

Less Depreciation

One of the biggest losses to value to a new car happens as soon as you drive it off the dealer’s lot. Vehicle depreciation is the rate at which a car loses value over time. Generally, more specialized or advanced vehicles, like electric cars and luxury vehicles, tend to depreciate faster. Durable pickups or cars with high reliability, like the Mazda MX-5 Miata, tend to hold more of their value. Depreciation, along with wear and tear and accidents, affects a used car’s trade-in value. If you don’t plan to keep your car until its dying day, choosing a vehicle with a higher trade-in value will end up saving you a lot more money down the road.

Reliable

The 2021 Mazda MX-5 Miata is known for its reliability, exceptional purchase value and high performance. Simply put, people love the two-seat roadster for its style and enjoyable drive feel. While many Mazda drivers will keep their beloved Mazda MX-5 Miata for many years, they also make valuable used cars to sell since they stay reliable for a long time and remain fun to drive.

Simple, Sleek & Straightforward

The Mazda MX-5 Miata is relatively simple for a modern convertible. For 2021, Mazda added more high-tech features, including Apple CarPlay® and Android Auto™ and a Bose® audio system. But overall, it keeps things less complicated. Without all of the fancy gadgets and brand-new tech, the Mazda MX-5 Miata has fewer components that can break down or wear out with age, helping the Mazda MX-5 Miata to retain more of its value and depreciate less over time. 

Fun to Drive

The Mazda MX-5 Miata has been delighting American joy riders for over three decades and remains one of the best-selling two-seat roadsters on the market. While the exterior changes from generation to generation and the features get more advanced, the philosophy of the Mazda convertible remains pure: have fun. With near 50/50 weight balance, the Mazda MX-5 Miata is responsive, hugging curves and zipping up hills, acting as an extension of one’s own body. The 2021 Mazda MX-5 Miata uses the SKYACTIV®-G 2.0 engine with 181 horsepower and 151 lb-ft of torque. While not big numbers compared to, say, a Porsche, it allows the low-weight Mazda MX-5 Miata to excel. Not to mention, get incredible gas mileage of up to 35mpg*.

Backed By Mazda

Mazda offers a generous 5-year/60,000-mile powertrain warranty to help Mazda owners keep up with regular maintenance with less out-of-pocket costs. Mazda outfits the new Mazda MX-5 Miata with the Mazda i-Activsense suite of safety features, including Blind Spot Monitor with Rear Cross Traffic Alert, Smart City Brake Support and Lane Departure Warning.

2021 Mazda MX-5 Miata

The new Mazda MX-5 is available with a soft-top or retractable fastback (RF) hardtop. Each model is available in two trims, Club or Grand Touring. The Mazda MX-5 Miata soft-top is also available in a base Sport model. Both new Mazda Club and Grand Touring models have heated seats, a 9-speaker Bose® premium audio system, a 7-inch touchscreen, and LED lights. Manual transmission Mazda MX-5 Miata convertibles get sport-tuned suspension with Bilstein® dampers. The 2021 Mazda MX-5 Miata Grand Touring adds:

  • Leather-trimmed seats
  • Auto-dimming rearview mirror
  • Leather-wrapped steering wheel and shift knob
  • Wireless Apple CarPlay®
  • Mazda Navigation System
  • Traffic Sign Recognition

Explore the new Mazda MX-5 Miata at San Leandro Mazda in San Leandro, California. The Bay Area’s newest Mazda dealership offers a large, modern showroom, a state-of-the-art Mazda Service Center and an experienced team of Mazda enthusiasts. Take a test drive in the new 2021 Mazda MX-5 Miata at San Leandro Mazda in San Leandro, CA, today!

*2021 Mazda MX-5 Miata automatic transmission gets 26 city/35 highway mpg. 2021 Mazda MX-5 Miata manual transmission gets 26 city/34 highway mpg. EPA-estimated mileage. Actual results will vary.