RE: Mazda MX-5: Catch It While You Can
RE: Mazda MX-5: Catch It While You Can
Thursday 29th May 2014

Mazda MX-5: Catch It While You Can

The cheap Mk1 MX-5 is a classifieds staple but are supplies starting to dry up?



Of all the cars to violently divide opinions at PH, the inoffensive little roadster from Mazda is surely one of the most surprising. Chris Harris famously described the MX-5 as 'execrable' back in 2011, before driving for (albeit with a bag on his head) for a video a short time after to at least see if it could win him over. Not a problem for editor Dan (and, seemingly, most of his family) who are among many very happy advocates of the pop-up headlight original NA.

The least likely place to find Chris Harris
The least likely place to find Chris Harris
I used to be pretty ambivalent about MX-5s, dismissing them as a clever piece of plagiarism. Mazda took the Lotus Elan's styling, added some Triumph Spitfire character, and synthesised these elements with its own drivetrain into something your mother clearly would like, creating the ultimate affordable roadster. But it wasn't that effortless - Mazda sunk huge resources into the MX-5's development, passing over some very interesting ideas along the way before settling on the definitive classic.

I saw them as another of those nails in the British car industry's coffin, recalling how Rover design boss Gordon Sked once said that he 'felt like crying' when he saw the first MX-5 at its launch in 1989, knowing that if his company had been braver in the 1980s, it could have launched something quite similar - proudly wearing the MG badge - several years before. Instead, Mazda profited hugely, launching into a market with no really credible opposition. And the industry took years to catch up. Including MG.

Is the cheap MX-5 disappearing into the sunset?
Is the cheap MX-5 disappearing into the sunset?
We've already declared the MX-5 a true PH Hero, and it should be about here where I declare that my scepticism was blown away the first time I drove one, about 15 years ago. That all changed when a former boss lent me his and, from the moment I stepped in, I found myself enjoying revelation after revelation that came from some truly great drives. After several days I decided I didn't want to give it back, suggesting he might want to swap for my Peugeot 405Mi16. He didn't go for it.

Strangely, I've still to sneak one into my garage. Perhaps because they're too good, and I enjoy a more flawed ownership experience. That might explain why whenever I've gone down the affordable roadster route, I've invariably plumped for an MGF. And then end up regretting it.

But time marches on - and the car that we once all called the modern reincarnation of a classic roadster is now a classic in its own right. 25 years is more than enough justification stop being sniffy, and accept it as the younger alternative to something like an MGB. But with the added advantage that it handles and drives beautifully straight of the box. Of course, there's a downside to a car's path into classicdom, not least that as the bangers, scrotters and smokers disappear, values start to shift upwards. Good if you have one, less so if you want one.

Clean, original cars are in shorter supply
Clean, original cars are in shorter supply
But the good news is that if you're looking for an MX-5, there are still a few less tidy, and very usable, ones around to get you on the ladder - and for proper shed money, too. As a tool for quick summery blasts, or the odd track day, you really can't beat a cheap MX-5, as long as you're okay with a MIG welder, accept that it's not fast, and don't mind some scruffiness. But the chod is beginning to disappear, and the nice ones are starting to creep up in value, especially if you want one of the earliest - and most appealing - 1.6-litre full-power cars. And be prepared for a long search if you're particularly choosy.

Although those 1.6s are the ones that will probably go on to be worth the most in years to come, they're not the best overall. That accolade goes to the later 1.8-litre cars, developing a full-fat 130hp, making them the most fun of all MX-5 Mk1s. The 1.8 is quicker, more usable and, most importantly, less susceptible to rust around the rear of the sills - a big deal as this is a common issue along with corroding front chassis rails. Keep on top of it and you have a car capable of racking up big mileages though.

Clean £1,500 ones like this increasingly rare
Clean £1,500 ones like this increasingly rare
Go for a later car, and buy from someone who clearly loves their MX-5, and you can be content in the knowledge that you're purchasing at the bottom of the market for these cars, and you're unlikely to suffer from any depreciation, unless you're very unlucky indeed. This one seems a good example of what I mean - and although I'd be looking to see that the lowering job is reversible, there are good vibes emanating from the page, which reads like a novel. It looks worthy a punt for your £1,500.

For those who side with Chris Harris, it's easy to dismiss the MX-5. But for the rest of us - and there are many - owning one of these is a great opportunity to pick up a fun, reliable, rear-wheel drive roadster for very little money. The situation won't last forever, of course, so act now if you're looking to secure a good one, and keep it nice for the future. As for me, I'll probably continue to ignore my own advice, stick with flaky mid-engined MGs, deciding to take the plunge when they're all gone.

Author
Discussion

suffolk009

Original Poster:

7,843 posts

194 months

Thursday 29th May 2014
quotequote all
Like so many classics, finding an un-modified one is becoming tricky.

I've limited my improvements to a decent set of coilovers.

NXXN

111 posts

155 months

Thursday 29th May 2014
quotequote all
What could have been.



ally_f

245 posts

216 months

Thursday 29th May 2014
quotequote all
I couldn't agree more :-)

I'd even go so far as to say MX5s are long past posing status so don't even bother finding a good one, pick up one of those cheap tatty ones and just go and have some fun - it's all about the driving experience after all!

Probbie

10 posts

175 months

Thursday 29th May 2014
quotequote all
  • Shameless plug <removed>

I find a few things in the article a bit odd though. Most I speak to say the revvy nature of the 1.6 makes it a nicer engine to use.

Also, how does the 1.8 engine make tin worm less of an issue? I could understand if you said imports, but most cars were imported so long ago that it doesn't really make much difference.

Edited by Bill on Thursday 29th May 15:08

Itsallicanafford

2,943 posts

188 months

Thursday 29th May 2014
quotequote all
no mods for me at all for my Mk1, best to enjoy it as intended wink


Pistachio

1,116 posts

219 months

Thursday 29th May 2014
quotequote all
IAD (International Automotive Design in England was assigned to develope the prototype code named V705 and had a fiberglass body and a 1.4 L engine and components from the Mazda Familia and a host of other early Mazda models.
In 1985 the V705 was completed and was rolled out on the roads around Santa Bargara U.S.A where it was welcomed with positive reactions. (excerpt from http://www.mx5motors.com/MX5%20History.html)



Pistachio

1,116 posts

219 months

Thursday 29th May 2014
quotequote all


renaultgeek

473 posts

177 months

Thursday 29th May 2014
quotequote all
1.8 is heavier than early 1.6s and only reason they have less rust is that they're newer!

MonkeySpanker

319 posts

166 months

Thursday 29th May 2014
quotequote all
I'm slowly getting my 1991 Mk1 back to decent condition, it's supposed to be my 'nice weather' car but it's getting used more than I expected. It's just a good, simple, unpretentious, fun car to drive.

sopaz

22 posts

198 months

Thursday 29th May 2014
quotequote all
Just bought an original 1.6 import (my second - had a 1.8 UK car a few years ago), mainly as a run around for the girlfriend. I would agree the 1.8 is the one to go for if you can but there isn't much in it really (better brakes and more torque low down are what I miss from my old 1.8).

I honestly can't think of a cheaper way to own/run a car at the moment. You won't lose any money on one and insurance is £165 a year at 27 - about a quarter the price of my main car...

jay140285

626 posts

213 months

Thursday 29th May 2014
quotequote all
Still miss mine.

1991 Mk1
BRG
Tan Leather
Coilovers
flying Miata turbo install
Megasquirt
was around 225bhp

Loved that car, if I could track it down it would be back in my garage.

PistonBroker

2,715 posts

255 months

Thursday 29th May 2014
quotequote all
jay140285 said:
Still miss mine.

1991 Mk1
BRG
Tan Leather
Coilovers
flying Miata turbo install
Megasquirt
was around 225bhp

Loved that car, if I could track it down it would be back in my garage.
My first 2 NAs ticked the first 3 points there. Would loved to have seen how the rest of that list worked on a V-Spec - sounds like fun!

I've got a Mk3 these days which, IIRC, I'm enjoying just as much if not more than our last MX5. I've had a good number of cars in the intervening 7 years though so memory is bit misty!

drgoatboy

2,027 posts

236 months

Thursday 29th May 2014
quotequote all
I went hunting for a Mk1 last summer, there was an awful lot of overpriced tat out there. I gave up in the end and got something completely different. I just couldn't find anything that I could buy and drive.
They all had way too much rot, major mechanical gremlins, or a list of niggles so long it would have taken me an age just to sort them all out.

There seems to be a never ending list of stories of people finding one in perfect condition for peanuts, but I couldn't find even a half decent one for reasonable money. I'm sure they are out there but the search to find one may take a while....

shame though as I really wanted one frown still do in fact

daemon

40,169 posts

226 months

Thursday 29th May 2014
quotequote all
My first mx5 was a what turned out to be rotten 2003 mk 2.5 1.8i

Second was a Sept 1989 Eunos 1.6 which was a fantastic little car.

Currenty have a not perfect 2003 mk2.5 1.8i, and wifie runs a 2012 z4.

There are still quite a few around for less than £1000 but £1500 is probably a realistic starting point unless you are very lucky. thats going to buy you a clean but old mk1 or a newer but probably in need of some work 2 / 2.5.

JimiGT

71 posts

211 months

Thursday 29th May 2014
quotequote all
I'm feeling quite smug about my recent purchase at a very similar price to the one mentioned in the article...

1.8
LSD
Larini Exhaust
No ABS
No Airbag
Rear Cage
Bilstein Suspension from a MK2.5
Hard Top

The result has been a lot of grinning, particularly on a long drive through Brecon the week before last biggrin






Petrol Only

1,611 posts

204 months

Thursday 29th May 2014
quotequote all
Iv got a 19941.8 import with proper LSD electric windows/mirrors. Strut brace etc. It's a "special" addition apparently. Cost me 800 quid 4 years ago Won't be parting with it ever.Iv driven a lot of metal but for a early morning blast in the Peak District. It's awesome at legal limits which are appear to only be going down...

Look forward to the gt86 to add to the collection in another 5-10 years smile

Monumental

401 posts

255 months

Thursday 29th May 2014
quotequote all
This article is bang on the money. Appreciating asset that will soon be attracting the speculators, so get in there while you still can.

I confidently predict that within a couple of years my MkI RS will be worth £200k+ just like its 964 namesake.



ChrisPackit

274 posts

152 months

Thursday 29th May 2014
quotequote all
See if Harris thinks MX5's are rubbish when he sees my MX5 build when it's finished later in the year.

Toyota 1JZ engine, Single turbo and NOS... Hoping for low 10's / high 9's ...


JamesHayward

655 posts

193 months

Thursday 29th May 2014
quotequote all
KeithAdams said:
Although those 1.6s are the ones that will probably go on to be worth the most in years to come, they're not the best overall. That accolade goes to the later 1.8-litre cars, developing a full-fat 130hp, making them the most fun of all MX-5 Mk1s. The 1.8 is quicker, more usable and, most importantly, less susceptible to rust around the rear of the sills
I hate to say it but that's not entirely correct.

The 1.6 is the better engine in my opinion, and I like to think i'm entitled to that opinion seeing that I own one of each. It's far more revvy, feels lighter and much more spritely. The 1800 feels much more like a normal engine, slower to respond and yes OK it's torquier but it's no where near as much fun. The 1.8 driveline is stronger and my MK1 has a 1600 engine, MK2 RS 6 Speed, MK1 1.8 Torsen LSD, which is pretty much the perfect combination for my needs.

Also, both 1.6 and 1.8 rust badly, they are the same shell. It simply depends how many UK winters it's lived through.

Edited by JamesHayward on Thursday 29th May 14:28

topless360

2,763 posts

247 months

Thursday 29th May 2014
quotequote all
I'm in 2 minds as to whether I should sell my MX5. I've had it for a while now and am starting to want something different for a daily driver.

Mine is a 1.8 import and modified and yellow so probably not a likely contender to shoot up in value any time soon, although it is in great nick. Hmmm, decisions, this article hasn't made my choice any easier.