Used 2020 Mazda MX-5 Miata Cost to Own
Total 5-Year Ownership Costs
MX-5 Miata Convertible
Grand Touring 2dr Convertible (2.0L 4cyl 6M)
True Cost to Own
$40,178*
Total Cash Price
$26,071
Club 2dr Convertible (2.0L 4cyl 6M)
True Cost to Own
$38,707*
Total Cash Price
$25,590
Grand Touring 2dr Convertible (2.0L 4cyl 6A)
True Cost to Own
$39,890*
Total Cash Price
$26,772
Sport 2dr Convertible (2.0L 4cyl 6M)
True Cost to Own
$39,676*
Total Cash Price
$23,601
Sport 2dr Convertible (2.0L 4cyl 6A)
True Cost to Own
$37,899*
Total Cash Price
$24,133
Club 2dr Convertible (2.0L 4cyl 6A)
True Cost to Own
$39,610*
Total Cash Price
$27,160
Depreciation
$9,546
Taxes & Fees
$1,252
Financing
$5,754
Fuel
$11,309
Insurance
$4,067
Repairs
$2,046
Maintenance
$6,204
Ownership Costs: 5-Year Breakdown
2020 MX-5 Miata Convertible Grand Touring 2dr Convertible (2.0L 4cyl 6M)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Tax Credit | $0 | $0 | $0 | $0 | $0 | $0 |
Insurance | $766 | $789 | $813 | $837 | $862 | $4,067 |
Maintenance | $454 | $1,851 | $1,228 | $1,342 | $1,329 | $6,204 |
Repairs | $242 | $352 | $410 | $481 | $561 | $2,046 |
Taxes & Fees | $1,088 | $41 | $41 | $41 | $41 | $1,252 |
Financing | $1,952 | $1,587 | $1,188 | $752 | $275 | $5,754 |
Depreciation | $4,617 | $1,914 | $1,068 | $1,632 | $315 | $9,546 |
Fuel | $2,130 | $2,194 | $2,260 | $2,328 | $2,397 | $11,309 |
True Cost to Own® | $11,249 | $8,728 | $7,008 | $7,413 | $5,780 | $40,178 |
Ownership Costs: 5-Year Breakdown
2020 MX-5 Miata Convertible Club 2dr Convertible (2.0L 4cyl 6M)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Tax Credit | $0 | $0 | $0 | $0 | $0 | $0 |
Insurance | $755 | $778 | $801 | $825 | $850 | $4,009 |
Maintenance | $454 | $1,851 | $1,228 | $1,342 | $1,329 | $6,204 |
Repairs | $242 | $352 | $410 | $481 | $561 | $2,046 |
Taxes & Fees | $1,069 | $41 | $41 | $41 | $41 | $1,233 |
Financing | $1,916 | $1,557 | $1,167 | $738 | $269 | $5,647 |
Depreciation | $3,693 | $1,035 | $1,326 | $1,849 | $356 | $8,259 |
Fuel | $2,130 | $2,194 | $2,260 | $2,328 | $2,397 | $11,309 |
True Cost to Own® | $10,259 | $7,808 | $7,233 | $7,604 | $5,803 | $38,707 |
Ownership Costs: 5-Year Breakdown
2020 MX-5 Miata Convertible Grand Touring 2dr Convertible (2.0L 4cyl 6A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Tax Credit | $0 | $0 | $0 | $0 | $0 | $0 |
Insurance | $766 | $789 | $813 | $837 | $862 | $4,067 |
Maintenance | $454 | $1,793 | $1,228 | $678 | $1,267 | $5,420 |
Repairs | $242 | $352 | $410 | $481 | $561 | $2,046 |
Taxes & Fees | $1,116 | $41 | $41 | $41 | $41 | $1,280 |
Financing | $2,004 | $1,630 | $1,220 | $772 | $282 | $5,908 |
Depreciation | $3,512 | $1,563 | $2,303 | $1,930 | $924 | $10,232 |
Fuel | $2,060 | $2,122 | $2,185 | $2,251 | $2,319 | $10,937 |
True Cost to Own® | $10,154 | $8,290 | $8,200 | $6,990 | $6,256 | $39,890 |
Ownership Costs: 5-Year Breakdown
2020 MX-5 Miata Convertible Sport 2dr Convertible (2.0L 4cyl 6M)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Tax Credit | $0 | $0 | $0 | $0 | $0 | $0 |
Insurance | $723 | $745 | $767 | $790 | $814 | $3,839 |
Maintenance | $454 | $1,946 | $1,228 | $1,342 | $1,329 | $6,299 |
Repairs | $242 | $352 | $410 | $481 | $561 | $2,046 |
Taxes & Fees | $989 | $41 | $41 | $41 | $41 | $1,153 |
Financing | $1,767 | $1,436 | $1,076 | $681 | $248 | $5,208 |
Depreciation | $4,545 | $1,492 | $905 | $1,370 | $1,510 | $9,822 |
Fuel | $2,130 | $2,194 | $2,260 | $2,328 | $2,397 | $11,309 |
True Cost to Own® | $10,850 | $8,206 | $6,687 | $7,033 | $6,900 | $39,676 |
Ownership Costs: 5-Year Breakdown
2020 MX-5 Miata Convertible Sport 2dr Convertible (2.0L 4cyl 6A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Tax Credit | $0 | $0 | $0 | $0 | $0 | $0 |
Insurance | $723 | $745 | $767 | $790 | $814 | $3,839 |
Maintenance | $454 | $1,889 | $1,228 | $678 | $1,267 | $5,516 |
Repairs | $242 | $352 | $410 | $481 | $561 | $2,046 |
Taxes & Fees | $1,011 | $41 | $41 | $41 | $41 | $1,175 |
Financing | $1,807 | $1,469 | $1,099 | $696 | $255 | $5,326 |
Depreciation | $3,593 | $1,607 | $1,554 | $1,190 | $1,116 | $9,060 |
Fuel | $2,060 | $2,122 | $2,185 | $2,251 | $2,319 | $10,937 |
True Cost to Own® | $9,890 | $8,225 | $7,284 | $6,127 | $6,373 | $37,899 |
Ownership Costs: 5-Year Breakdown
2020 MX-5 Miata Convertible Club 2dr Convertible (2.0L 4cyl 6A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Tax Credit | $0 | $0 | $0 | $0 | $0 | $0 |
Insurance | $755 | $778 | $801 | $825 | $850 | $4,009 |
Maintenance | $454 | $1,793 | $1,228 | $678 | $1,267 | $5,420 |
Repairs | $242 | $352 | $410 | $481 | $561 | $2,046 |
Taxes & Fees | $1,131 | $41 | $41 | $41 | $41 | $1,295 |
Financing | $2,033 | $1,653 | $1,238 | $784 | $286 | $5,994 |
Depreciation | $4,532 | $1,376 | $1,853 | $1,819 | $329 | $9,909 |
Fuel | $2,060 | $2,122 | $2,185 | $2,251 | $2,319 | $10,937 |
True Cost to Own® | $11,207 | $8,115 | $7,756 | $6,879 | $5,653 | $39,610 |
*Based on a 5-year estimate with 15,000 miles driven per year.
Shop nowLearn about the 2020 MX-5 MiataTrue Cost To Own®
Edmunds.com's True Cost to Own® (TCO®) is proprietary data that helps you estimate the total five-year cost of buying and owning a vehicle — including some items you may not have taken into consideration. A benefit of using our TCO® tool is that you can easily compare the five-year totals for different vehicles and make a more informed choice.
Edmunds Insurance Estimator
The Edmunds TCO® estimated monthly insurance payment for a 2020 Mazda MX-5 Miata in Virginia is:
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