Mazda MX-5 Miata

1998 to 2005 · Convertible

A 1998 Mazda MX-5 Miata cost $20,995 new. Over the past 12 months, 69 have sold publicly at a median of $11,500. The Shifty Estimate for a well-kept example is $10,900. Across the sales we have on file, prices ran from $4,100 to $69,777, depending on mileage, color, and history.

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Shifty Estimate
$10,900
High confidence · $6K to $18K
Up 20.0% over 12 months
Nov 2025Rolling 6-month medianNov 2026
Median · 12 mo
$11,500
Sales · 12 mo
69
For sale now
66
Original MSRP
$20,995Down 48% since new

The market

Every recorded 1998 Mazda MX-5 Miata sale, by date and price
Oct 2026 · Cars & Bids
$13,800 · 33,000 mi · Classic Red
See this car
$20k$40k$60kNov 202320252026SHIFTY ESTIMATE $11k
Sold Bid to, not sold
133 sales · 15 unsoldmedian $12kupdated Nov 2026

Community

Latest results

The newest 1998 Mazda MX-5 Miata sales with photographs
1998 Mazda MX-5 Miata, sold Oct 2026

Sold $10,850

2001 · British Racing Green · 54,300 mi
Oct 15, 2026 · Hagerty Marketplace
1998 Mazda MX-5 Miata, sold Oct 2026

Sold $10,500

1999 · Emerald Mica · 23,400 mi
Oct 7, 2026 · Cars & Bids
1998 Mazda MX-5 Miata, sold Oct 2026

Sold $4,200

1999 · Highlight Silver Metallic
Oct 5, 2026 · Cars & Bids
1998 Mazda MX-5 Miata, sold Sep 2026

Sold $15,800

1999 · Emerald Mica · 48,200 mi
Sep 30, 2026 · Cars & Bids
1998 Mazda MX-5 Miata, sold Sep 2026

Sold $18,250

2003 · Strato Blue Mica · 22,800 mi
Sep 29, 2026 · Hagerty Marketplace
1998 Mazda MX-5 Miata, sold Sep 2026

Sold $11,500

2002 · Titanium Gray Metallic · 33,000 mi
Sep 25, 2026 · Bring a Trailer
Other MX-5 Miata generations

Specifications

Engine
Inline-4, 1.8L
Power
140 hp
Torque
119 lb-ft
0 to 60
8.6 s
Top speed
118 mph
Transmission
Manual
Drivetrain
RWD
Original MSRP
$20,995

Common questions

How much does a Mazda MX-5 Miata cost?

A 1998 Mazda MX-5 Miata cost $20,995 new. Over the past 12 months, 69 have sold publicly at a median of $11,500. The Shifty Estimate for a well-kept example is $10,900. Across the sales we have on file, prices ran from $4,100 to $69,777, depending on mileage, color, and history.

What is a 1998 Mazda MX-5 Miata worth today?

The Shifty Estimate is $10,900, up 20.0% over the past 12 months. Confidence is high: 69 public sales in a year gives a firm read.

Is a Mazda MX-5 Miata a good investment?

It has depreciated 48% against its $20,995 list price. Values are up 20.0% over the past 12 months. The caution is spread, not direction: across the sales we have on file, prices ran from $4,100 to $69,777, and mileage explains most of that.

How many Mazda MX-5 Miata have sold?

Shifty has 240 public sales of the Mazda MX-5 Miata on file. The earliest was on Jun 13, 2018.

What has a Mazda MX-5 Miata sold for at auction?

The 3 most recent public sales we have on file:

  • $13,800Oct 16, 2026Classic Red · 33,000 mi
  • $10,850Oct 15, 2026British Racing Green · 54,300 mi
  • $10,500Oct 7, 2026Emerald Mica · 23,400 mi

How many Mazda MX-5 Miata are for sale right now?

Shifty tracks 66 listings of the Mazda MX-5 Miata for sale right now.

About the 1998 Mazda MX-5 Miata

The second-generation MX-5 (NB) represents Mazda's refinement of the lightweight roadster formula that revived the sports car segment. Building on the original NA's success, the NB added structural rigidity and more sophisticated suspension while maintaining the pure driving experience that made its predecessor legendary. The 1.8-liter twin-cam four produces 140-155 hp depending on year, paired with either a crisp 5-speed manual or optional 4-speed automatic. Key improvements include a limited-slip differential, larger brakes, and better NVH control. The NB's cleaner styling aged gracefully, and today these cars are increasingly appreciated by collectors who missed out on earlier examples. Clean, unmodified NBs with maintenance records are becoming harder to find as drift culture and track day enthusiasm have claimed many. The sweet spot for collectors remains the 2001-2005 models with the stronger VVT engine and six-speed transmission option.

Sales and listings

Showing 20 of 338 on file

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