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Price opinion from advertisements and recorded sales. Not an inspection or a certified valuation.
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Reference photograph of a Mazda MX-5 NA 1.6
Valuation · Mazda · NA6 · 1989-93

Mazda MX-5 NA 1.6

1.6L NA four (B6ZE) · 86 kW / 130 Nm · 5sp manual · RWD
BUYRated within the under $30k band · 10 of 46 at this money
Model value
$15,500
Must gain each year to break even
+15.3%
The projection does not clear it, and nor does most of the library.
CarQuant score
49/100
Scored against the under $30k band, not the whole library
Evidence grade
Thin
One to three recorded Australian sales
$15,500
$15,148 lowhigh $22,589
Calibrated to a thin record
$6,000low
$30,000high
Three Australian auction results read from the lot pages. Asking prices for 1.6 NA cars span $6,000 to $30,000 across all conditions

Looking at an MX-5 for sale?

Put in the asking price and the odometer reading. You will see what this model should make at that reading.

Should make, typical example
$15,500
At about 180,000 km. Enter an asking price to compare.

Odometer only. Colour, options, history, condition and the photographs move it further, and that is what the report reads.

A person reads the advertisement and its photographs. Usually back within 48 hours. Read a real listing report

Price history

Today $15,500 · modelled median at five years $19,278
Solid line: the value this library has carriedDashed from 2026: modelled · even money $17,106 to $21,020
The green band is the even-money range and the one to plan on: half of outcomes land inside it. The pale band behind it bounds eight in ten ($15,148 to $22,589). The path is this model's own: it starts along the momentum of its recorded history and bends toward its projected median as the horizon lengthens, so no two cars share a future curve.

The verdict

Strong within its price band. Scores 49/100, ranking 10 of 46 in the under $30k band. Liquidity is the strongest input, ownership economics the weakest.
Running it costs about $2,810 a year (18.1% of value), which is what the economics score measures. All in, including the projected value change, it is $2,314 a year.
The model's five year median is $19,278, a +24.4% move, with the tenth percentile at $15,148.
Value calibrated to a thin record. Treat the level as provisional.
Evidence
Thin3 recorded sales
Off its peak
at peak
Value band
moderate
Multiple recorded transactions plus an aggregate source. Treat the level as reliable.
Scored against every recent Australian sale this library holds, half its values land within 11.2 per cent of the price paid and the rest miss by more, in either direction. Projections are therefore damped toward flat in proportion to how little is known, and the plausible band is never narrower than the error the model is known to make.
Short term (1-5 years)$2,314 a year all in, +24.4% median value move
Long term (10-15 years)Scarcity case already formed
Negotiate from$15,500

Recorded sales

Every recorded observation, and when
4 rows on record
$18k$13k$8k
2023202420252026
the value this record published, year by yearnow $16kwhat the model expects across 120k–176k kmsoldcontext, excluded1 row sits off this scale. Open the list below to see them.
Every row, with its price and note (4) ↓
Library value against the sold record
3 sales · median $14,100
Value $15,500
$9,300$17,100
Jul 2026Collecting Cars$27,250Context, excluded
SOLD. 29 Jul 2026, Pymble NSW, 382,754km on the chassis and under 2,000km on the engine. One owner from new, Australian-delivered, VERIFIED by the house. A 2020 MX5 Mania retro-mod: replacement Japanese B6 with an AVO turbocharger and Adaptronic ECU, NB8C six-speed, Torsen 2 3.9 differential, Exedy HD clutch, Yellowspeed coilovers, Wilwood front brakes, full respray in factory red with body-wide PPF, hardtop, all receipts. 165kW against 86kW standard - NOT the standard car this record describes. Context only, and the best available measurement of what a documented build is worth
Dec 2025Collecting Cars$14,100Sold
SOLD. 30 Dec 2025, Lane Cove North NSW. Reading 176,153km but the seller states approximately 300,000km from new, which is the figure used. 1992, Australian-delivered, in one family 30 years and personally owned 20. Classic Red, hardtop and soft top, sideswipe to the front left wing repaired through insurance about 2015. Timing belt, water pump and thermostat November 2025; clutch April 2025
Jul 2025Collecting Cars$9,300Sold
SOLD AT NO RESERVE. 9 Jul 2025, Soldiers Hill VIC, 129,357km indicated, stated genuine but not warranted. 1989 Japanese import, 22 years with the seller, resprayed 2003, seats retrimmed, replacement soft top, one key. The weakest result in the set at mid-pack distance, and the only import in it
Dec 2022Collecting Cars$17,100Sold
SOLD. 28 Dec 2022, Townsville QLD, 119,808km from new. 1990 Australian-delivered, third owner for 22 years, highly original with the factory hardtop, Momo wheel, every invoice from 22 years of ownership. Bonnet replaced 2006 after a reversing impact; boot lid and hardtop resprayed for fading, bubbling on the boot lid, air conditioning compressor seals failed
3 completed Australian sales of 4 rows. Rows marked asking, no sale, or context are shown for honesty but do not count toward the evidence grade: an ask is not a transaction, a pass-in is a refusal, and a provenance or overseas result does not price the ordinary local car. The badge on every row is computed by the same rule as the grade, so the two cannot drift apart.

Score breakdown

Against the under $30k band median
46 cars in band · ink tick marks the median
Ownership economics30% of total
34/100-1
Scarcity25% of total
34/100-7
Demand durability20% of total
64/100+8
Liquidity15% of total
70/100+11
Risk resilience10% of total
69/100+32
Sub-scores run 0-100 before weighting; the weighted total is 49/100. Medians are computed live from the 46 cars currently in the under $30k band, so this picture moves when the library does.
The working behind each factor: baseline and drivers ↓
Ownership economics30% weight
34/100
Baseline80 pts
− 18.1% of value a year to run-46 pts
Sub-score (baseline plus drivers, clamped 0-100)34 pts
Scarcity25% weight
34/100
Baseline10 pts
+ 1,350 estimated Australian survivors of 4,200 delivered, rust thinning stock+24 pts
Sub-score (baseline plus drivers, clamped 0-100)34 pts
Demand durability20% weight
64/100
Baseline30 pts
+ Global classic status confirmed+24 pts
+ The cheapest way into a real classic roadster+10 pts
Sub-score (baseline plus drivers, clamped 0-100)64 pts
Liquidity15% weight
70/100
Baseline10 pts
+ 44 days on market+40 pts
+ 380 sales a year+20 pts
Sub-score (baseline plus drivers, clamped 0-100)70 pts
Risk resilience10% weight
69/100
Baseline90 pts
− Rust in sills and arches-15 pts
− Crank nose wear is a 1.6-specific fault-6 pts
Sub-score (baseline plus drivers, clamped 0-100)69 pts
Model output, not advice or a valuation. Verify independently before acting.

What it costs to own · about 5,143 km a year

Annual cost of access, excl. fuel
$2,810a year
Share of value per year
18.1%
Scheduled servicing$52019%
Tyres, annualised$46016%
Registration and CTP$75027%
Insurance$62022%
Sinking fund (failure table)$46016%
All-in annualised (a different number)
Purchase (model value plus duty)$16,120
Running costs × 5 years$14,050
Median exit, net of selling cost$18,598
All-in annualised over 5 years$2,314/yr
Share of value per year14.9%
Cost of access is what the car costs to run. All-in annualised adds depreciation, duty and selling costs across a five year hold. They answer different questions and are labelled separately for that reason.
Break-even appreciation, 5 year hold
15.3%a year, only to get the money back
This library projects
+4.5%a year
The projection falls 10.8 points a year short of the hurdle. On these assumptions this car is a cost, not an asset, which can be an entirely rational thing to buy but should be bought knowing it.
Purchase$15,500
Stamp duty$620
Running costs x 5 years$14,050
Selling cost at exit, 4.4% of the salescales with price
Sale price needed at +5 years$31,554
Storage
Bought at
No forecast is used to compute the hurdle. It is the purchase, the duty, any premium and 5 years of running cost, grossed up for the cost of selling and spread back over the hold. The projection it is measured against is the weakest number in this product and is drawn that way in the chart above. Transport, finance and any restoration spend sit outside it.

Specification

Engine1.6L NA four (B6ZE)
Power / torque86 kW / 130 Nm
0-100 km/h9.4 s
Transmission5sp manual
DriveRWD
Kerb weight955 kg
Built worldwide236,000
Delivered to Australia4,200
Effective AU survivors1,350
Australian sales / year380
Typical days on market44 days
Launch price$25,990

What moves the price on this model

Colour hierarchy
Classic Red+3%
Crystal White+1%
Mariner Blue+4%
Options
Factory hardtop+7%
Australian-delivered rather than a Japanese import+9%
Original paint, never resprayed+5%
Invoices and service book from new+6%
Long single or family ownership+4%
Odometer sensitivity±1.1% per 10,000 km vs 180,000 km
Applied on top of these

Condition, history, originality, ownership, delivery and modification multipliers apply to every car in the library. They are applied automatically when an advertisement is analysed, and the schedule is set out once, on the analyser page.

Projected value in five years

Projected value at five years
$19,278
+24.4% on today
The model's figure. Today it is $15,500.
Even odds it lands between $17,106 and $21,020.
$15,148 lowhigh $22,589
The shaded range is even money and 23% wide; the outer figures bound eight outcomes in ten. Band width follows the evidence - a model with a tight measured record carries a tight band.
A stronger five year outlook than 91% of the library.
-26.6% weakest projected move in the librarystrongest +73.1%
Five-year cost of ownership
Value change alone: +$3,778 across five years.
Running costs over the same period: $14,050.
Duty and expected selling costs: $1,300.
Net cost of five years of ownership: $11,570, or $2,314 a year.
The projected value rise offsets part of the running cost. It does not make the car free to own.

The case for and against

The case for

The original car and the one the legend is built on: 955 kilograms, a 1.6 that wants revs, and pop-up headlights. Australian-delivered cars with a hardtop and paperwork are a thinning population and the three results here show the market already separating them from imports.

The case against

236,000 built and 4,200 delivered here, so the pool is not small. Rust decides everything, the 1.6 gives away real pace to the 1.8, and a Japanese import at no reserve made $9,300 in 2025.

Known faults and risks

Risk 1Structural rust in sills and rear arches
Risk 2Crank nose wear on the 1.6
Risk 3Import cars trade well below Australian-delivered
Sill rust repair$3,500
Crank nose repair$1,400
Soft top replacement$900

Similar cars, and what they cost to run

Evidence behind this valueThin · 3 recorded sales
Carried value
$15,500
Historical price
2016 · $7,5002026 · $15,500
Thin
Multiple recorded transactions plus an aggregate source. Treat the level as reliable.
This record exists because the library was valuing the 1.6 as though it were the 1.8

The MX-5 NA entry describes the NA8 - the 1.8-litre car built from 1994 - and four of the six Australian results filed against it are 1.6-litre NA6 cars from 1989 to 1992. They are a different engine, a different chassis code and a materially different price.

Read the rest of the evidence notes (4 more)
The three results that describe this car

$17,100 at 119,808 kilometres from Townsville, Queensland in December 2022, an Australian-delivered car with its third owner for 22 years, highly original, with the factory hardtop and a service trail back to 1997; $14,100 at approximately 300,000 kilometres from Lane Cove North, New South Wales in December 2025, Australian-delivered, in one family for 30 years, hardtop, with a fresh timing belt; and $9,300 at 129,357 kilometres from Soldiers Hill, Victoria in July 2025, a Japanese import sold at no reserve.

The import is the cheapest and it is not the distance

It sat at mid-pack kilometres and made 46 per cent less than the Townsville car, which had 9,500 kilometres fewer. What separates them is Australian delivery, the hardtop, the ownership length and the paperwork.

The distance term is a two-car line

Across the two Australian-delivered cars - 119,808 kilometres at $17,100 and 300,000 at $14,100 - the slope is about 1.1 per cent per 10,000 kilometres, and that is all three points can support. Adding the import inverts the sign, which is a fact about its market position rather than about kilometres.

The $27,250 Pymble result is held as context and is not in the fit

A 1990 1.6 rebuilt by MX5 Mania in 2020 with a replacement turbocharged engine, an NB8C six-speed, a Torsen 2 differential, Wilwood front brakes, coilovers, a full respray and body-wide paint protection film, making 165kW against the 86kW it left the factory with. It is the most expensive MX-5 in this library's record and it is not this car. It is also the clearest measurement available of what a documented professional build is worth on a cheap Japanese platform. SOURCING: all four read from the Collecting Cars lot pages themselves, which is why the ownership, hardtop and modification detail above exists.

This page prices the model.
The report prices the car in the advertisement.

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This model, today$15,500
Half of sales are further out than$1,733
The report$249
7×
the price of the report: what half of real sales of this model sit further from this page's number than, on this car
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