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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

Ownership Costs: 5-Year Total

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

Selected Model:

2020 MX-5 Miata Convertible Grand Touring 2dr Convertible (2.0L 4cyl 6M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
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

Selected Model:

2020 MX-5 Miata Convertible Club 2dr Convertible (2.0L 4cyl 6M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
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

Selected Model:

2020 MX-5 Miata Convertible Grand Touring 2dr Convertible (2.0L 4cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
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

Selected Model:

2020 MX-5 Miata Convertible Sport 2dr Convertible (2.0L 4cyl 6M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
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

Selected Model:

2020 MX-5 Miata Convertible Sport 2dr Convertible (2.0L 4cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
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

Selected Model:

2020 MX-5 Miata Convertible Club 2dr Convertible (2.0L 4cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
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.

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True 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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