Mk1 MX5's

[Mk3Spitfire]

I'm sure this has been covered before, but I can't access search on phone. And I'm bored.

Mark 1 MX5's are now obtainable circa 1k or less for a half decent one. I know there's still plenty of them around, and they're not exactly ground breaking, but surely these are a bargain?

I was thinking of buying a good one, and literally either storing it away properly for 10/15 years, or just using it as another weekend car for a bit of fun.

It would have to be the Eunos, and a completely stock,original earlier the better (pre '90 ideally), but for what is considered by some as one of the best roadsters in its class, I can't see them going down in value? And for a grand, can you really go wrong?

[Mk3Spitfire]

That's pretty much as I thought then. I wasn't considering retiring early on the basis of my fast appreciating £750 MX5.

I guess for that money though, you could have a little fun and when it got dull, sell the thing on in 2 years time without making much of a loss.

Thanks.

[Mk3Spitfire]

Both of the above make sense to me, and confirm my trail of thought. Thanks.

[Mk3Spitfire]

benjj said:

I agree with that. As a way of very cheap or possibly cost neutral motoring they're probably one of the best affordable options out there.

Just be aware of the real costs though. Tax, insurance, MOTS, servicing, tyres, consumables, storage etc. They all add up. I've had cars I've sold for double the buy price and more and I've rarely made any real money when you do the sums properly.

I wouldn't be expecting to make my millions and really it would be more for a bit of fun than anything. I've had RX8's before, and liked the Mazda feel. I think the older MK1's have moved away from the "hairdresser's car" stereotype and just seem to be good fun little cars.

It wouldn't be my daily so the perishables wouldn't be too much of an issue. I was shocked at the tax though! Over 300 quid for the year!

[Mk3Spitfire]

Fantastic read, that! Thanks. You've obviously put a hell of a lot of time into the car and it shows. Very interesting read. I think for the sake of a grand or two, I might take a punt and have some fun. Great looking cars.
Thanks for the replies!

[Mk3Spitfire]

I agree, there is very little change in the styling apart from the flip up headlights.

I've been to look at a few, and they're as good as I expected, but I've had a bit of a change of heart and am looking for an early Saab 900 T instead.