
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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- Median · 12 mo
- $11,500
- Sales · 12 mo
- 69
- For sale now
- 66
- Original MSRP
- $20,995Down 48% since new
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Sold $10,500

Sold $4,200

Sold $15,800

Sold $18,250

Sold $11,500
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.
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