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
$40,808*
Total Cash Price
$32,336
Club 2dr Convertible (2.0L 4cyl 6M)
True Cost to Own
$40,063*
Total Cash Price
$31,081
Grand Touring 2dr Convertible (2.0L 4cyl 6A)
True Cost to Own
$39,888*
Total Cash Price
$32,699
Sport 2dr Convertible (2.0L 4cyl 6M)
True Cost to Own
$38,613*
Total Cash Price
$28,574
Sport 2dr Convertible (2.0L 4cyl 6A)
True Cost to Own
$37,776*
Total Cash Price
$29,089
Club 2dr Convertible (2.0L 4cyl 6A)
True Cost to Own
$39,133*
Total Cash Price
$31,424
Depreciation
$13,533
Taxes & Fees
$1,501
Financing
$2,851
Fuel
$11,584
Insurance
$4,067
Repairs
$1,622
Maintenance
$5,650
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 | $522 | $459 | $1,875 | $1,244 | $1,550 | $5,650 |
Repairs | $102 | $246 | $361 | $421 | $492 | $1,622 |
Taxes & Fees | $1,337 | $41 | $41 | $41 | $41 | $1,501 |
Financing | $997 | $791 | $578 | $357 | $128 | $2,851 |
Depreciation | $4,529 | $2,610 | $2,331 | $2,118 | $1,945 | $13,533 |
Fuel | $2,182 | $2,247 | $2,315 | $2,384 | $2,456 | $11,584 |
True Cost to Own® | $10,435 | $7,183 | $8,314 | $7,402 | $7,474 | $40,808 |
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 | $522 | $459 | $1,875 | $1,244 | $1,550 | $5,650 |
Repairs | $102 | $246 | $361 | $421 | $492 | $1,622 |
Taxes & Fees | $1,287 | $41 | $41 | $41 | $41 | $1,451 |
Financing | $958 | $761 | $555 | $344 | $122 | $2,740 |
Depreciation | $4,353 | $2,508 | $2,241 | $2,036 | $1,869 | $13,007 |
Fuel | $2,182 | $2,247 | $2,315 | $2,384 | $2,456 | $11,584 |
True Cost to Own® | $10,159 | $7,040 | $8,189 | $7,295 | $7,380 | $40,063 |
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 | $522 | $459 | $1,816 | $1,244 | $872 | $4,913 |
Repairs | $102 | $246 | $361 | $421 | $492 | $1,622 |
Taxes & Fees | $1,352 | $41 | $41 | $41 | $41 | $1,516 |
Financing | $1,008 | $800 | $585 | $361 | $129 | $2,883 |
Depreciation | $4,580 | $2,639 | $2,357 | $2,142 | $1,967 | $13,685 |
Fuel | $2,110 | $2,173 | $2,238 | $2,306 | $2,375 | $11,202 |
True Cost to Own® | $10,440 | $7,147 | $8,211 | $7,352 | $6,738 | $39,888 |
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 | $522 | $459 | $1,966 | $1,244 | $1,550 | $5,741 |
Repairs | $102 | $246 | $361 | $421 | $492 | $1,622 |
Taxes & Fees | $1,188 | $41 | $41 | $41 | $41 | $1,352 |
Financing | $881 | $699 | $511 | $316 | $112 | $2,519 |
Depreciation | $4,001 | $2,306 | $2,059 | $1,872 | $1,718 | $11,956 |
Fuel | $2,182 | $2,247 | $2,315 | $2,384 | $2,456 | $11,584 |
True Cost to Own® | $9,599 | $6,743 | $8,020 | $7,068 | $7,183 | $38,613 |
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 | $522 | $459 | $1,908 | $1,244 | $872 | $5,005 |
Repairs | $102 | $246 | $361 | $421 | $492 | $1,622 |
Taxes & Fees | $1,208 | $41 | $41 | $41 | $41 | $1,372 |
Financing | $897 | $711 | $521 | $321 | $115 | $2,565 |
Depreciation | $4,073 | $2,347 | $2,097 | $1,905 | $1,749 | $12,171 |
Fuel | $2,110 | $2,173 | $2,238 | $2,306 | $2,375 | $11,202 |
True Cost to Own® | $9,635 | $6,722 | $7,933 | $7,028 | $6,458 | $37,776 |
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 | $522 | $459 | $1,816 | $1,244 | $872 | $4,913 |
Repairs | $102 | $246 | $361 | $421 | $492 | $1,622 |
Taxes & Fees | $1,301 | $41 | $41 | $41 | $41 | $1,465 |
Financing | $968 | $770 | $562 | $347 | $124 | $2,771 |
Depreciation | $4,401 | $2,536 | $2,265 | $2,059 | $1,890 | $13,151 |
Fuel | $2,110 | $2,173 | $2,238 | $2,306 | $2,375 | $11,202 |
True Cost to Own® | $10,159 | $7,003 | $8,084 | $7,243 | $6,644 | $39,133 |
*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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