Skip to main content

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

Ownership Costs: 5-Year Total

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

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$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

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$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

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$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

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$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

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$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

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$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 Miata 

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:

not available
Legal