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
$35,916*
Total Cash Price
$21,767
Club 2dr Convertible (2.0L 4cyl 6M)
True Cost to Own
$34,297*
Total Cash Price
$19,578
Grand Touring 2dr Convertible (2.0L 4cyl 6A)
True Cost to Own
$35,426*
Total Cash Price
$20,974
Sport 2dr Convertible (2.0L 4cyl 6M)
True Cost to Own
$35,825*
Total Cash Price
$21,103
Sport 2dr Convertible (2.0L 4cyl 6A)
True Cost to Own
$34,202*
Total Cash Price
$19,268
Club 2dr Convertible (2.0L 4cyl 6A)
True Cost to Own
$33,881*
Total Cash Price
$20,604
Depreciation
$8,541
Taxes & Fees
$1,403
Financing
$3,818
Fuel
$10,184
Insurance
$3,737
Repairs
$2,224
Maintenance
$6,009
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 | |
---|---|---|---|---|---|---|
Insurance | $704 | $725 | $747 | $769 | $792 | $3,737 |
Maintenance | $1,092 | $1,112 | $292 | $1,875 | $1,638 | $6,009 |
Repairs | $320 | $373 | $435 | $507 | $589 | $2,224 |
Taxes & Fees | $1,111 | $73 | $73 | $73 | $73 | $1,403 |
Financing | $1,308 | $1,055 | $784 | $492 | $179 | $3,818 |
Depreciation | $3,069 | $2,212 | $1,118 | $1,377 | $765 | $8,541 |
Fuel | $1,918 | $1,976 | $2,035 | $2,096 | $2,159 | $10,184 |
True Cost to Own® | $9,522 | $7,526 | $5,484 | $7,189 | $6,195 | $35,916 |
2020 MX-5 Miata Convertible Club 2dr Convertible (2.0L 4cyl 6M)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $725 | $747 | $769 | $792 | $816 | $3,849 |
Maintenance | $1,092 | $1,112 | $292 | $1,875 | $1,638 | $6,009 |
Repairs | $320 | $373 | $435 | $507 | $589 | $2,224 |
Taxes & Fees | $1,007 | $73 | $73 | $73 | $73 | $1,299 |
Financing | $1,176 | $950 | $705 | $442 | $161 | $3,434 |
Depreciation | $1,909 | $1,884 | $1,939 | $1,019 | $547 | $7,298 |
Fuel | $1,918 | $1,976 | $2,035 | $2,096 | $2,159 | $10,184 |
True Cost to Own® | $8,147 | $7,115 | $6,248 | $6,804 | $5,983 | $34,297 |
2020 MX-5 Miata Convertible Grand Touring 2dr Convertible (2.0L 4cyl 6A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $704 | $725 | $747 | $769 | $792 | $3,737 |
Maintenance | $1,092 | $571 | $292 | $1,828 | $1,638 | $5,421 |
Repairs | $320 | $373 | $435 | $507 | $589 | $2,224 |
Taxes & Fees | $1,073 | $73 | $73 | $73 | $73 | $1,365 |
Financing | $1,260 | $1,017 | $755 | $475 | $172 | $3,679 |
Depreciation | $2,533 | $1,624 | $2,555 | $1,708 | $731 | $9,151 |
Fuel | $1,855 | $1,911 | $1,968 | $2,027 | $2,088 | $9,849 |
True Cost to Own® | $8,837 | $6,294 | $6,825 | $7,387 | $6,083 | $35,426 |
2020 MX-5 Miata Convertible Sport 2dr Convertible (2.0L 4cyl 6M)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $677 | $697 | $718 | $740 | $762 | $3,594 |
Maintenance | $1,092 | $1,112 | $292 | $1,942 | $1,638 | $6,076 |
Repairs | $320 | $373 | $435 | $507 | $589 | $2,224 |
Taxes & Fees | $1,079 | $73 | $73 | $73 | $73 | $1,371 |
Financing | $1,268 | $1,023 | $760 | $477 | $173 | $3,701 |
Depreciation | $3,162 | $1,619 | $1,015 | $1,555 | $1,324 | $8,675 |
Fuel | $1,918 | $1,976 | $2,035 | $2,096 | $2,159 | $10,184 |
True Cost to Own® | $9,516 | $6,873 | $5,328 | $7,390 | $6,718 | $35,825 |
2020 MX-5 Miata Convertible Sport 2dr Convertible (2.0L 4cyl 6A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $677 | $697 | $718 | $740 | $762 | $3,594 |
Maintenance | $1,092 | $571 | $292 | $1,895 | $1,638 | $5,488 |
Repairs | $320 | $373 | $435 | $507 | $589 | $2,224 |
Taxes & Fees | $992 | $73 | $73 | $73 | $73 | $1,284 |
Financing | $1,158 | $934 | $694 | $435 | $158 | $3,379 |
Depreciation | $2,242 | $1,562 | $1,456 | $1,427 | $1,697 | $8,384 |
Fuel | $1,855 | $1,911 | $1,968 | $2,027 | $2,088 | $9,849 |
True Cost to Own® | $8,336 | $6,121 | $5,636 | $7,104 | $7,005 | $34,202 |
2020 MX-5 Miata Convertible Club 2dr Convertible (2.0L 4cyl 6A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $725 | $747 | $769 | $792 | $816 | $3,849 |
Maintenance | $1,092 | $571 | $292 | $1,828 | $1,638 | $5,421 |
Repairs | $320 | $373 | $435 | $507 | $589 | $2,224 |
Taxes & Fees | $1,055 | $73 | $73 | $73 | $73 | $1,347 |
Financing | $1,238 | $999 | $742 | $466 | $169 | $3,614 |
Depreciation | $1,926 | $2,050 | $2,177 | $1,180 | $244 | $7,577 |
Fuel | $1,855 | $1,911 | $1,968 | $2,027 | $2,088 | $9,849 |
True Cost to Own® | $8,211 | $6,724 | $6,456 | $6,873 | $5,617 | $33,881 |
*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.