RE: £10k Mazda MX-5 (ND) | Spotted
RE: £10k Mazda MX-5 (ND) | Spotted
Tuesday 10th November

£10k Mazda MX-5 (ND) | Spotted

You can't buy the fourth-gen MX-5 new anymore, but you can have one for four figures - what's stopping you?


There really is no time like the present for the Mazda MX-5. The 2.0-litre model is no longer available to order in the UK, and it’d be nothing short of a miracle if Mazda could repeat the same unfettered joy of the current car with a replacement. In the late '20s, anything as close to the ND in terms of simplicity, low mass and affordability would be astonishing. Even for Mazda, one of the best out there for taking on seemingly impossible tasks. 

And while it would be easy to point to a preregistered car with a saving, the ND2 update that really brought the best from the platform or a snazzy anniversary car, the MX-5’s value proposition has always been one of its main selling points. So here’s the first 2.0-litre Mk4 MX-5 we’ve seen at less than £10,000. Hang out the bunting and dig out the party poppers, it’s celebration time. Looks a good one, too. 

The 160hp Mk4 MX-5s weren’t perfect, granted. The 2.0-litre wasn’t quite as zingy as the 1.5 - or the 184hp update - but without anything like it just a decade later we’ll take a less-than-perfect 7,000rpm engine than none at all. Similarly, the chassis was a little too roly-poly to confidently exploit, but it’s far easier to overlook gripes when the 1,000kg two-seater is now less than £10k.

And there’s the modifying to think of, too, another key part of the MX-5’s appeal over the decades. While upgrades won’t have become any cheaper while the car has, there’s obviously no warranty to be concerned about at 10 years old. And as parts wear with age, so there’s the scope to get better replacements. From top to bottom and front to back, there’s huge potential to make the MX-5 into whatever you want. 

Indeed, it looks like someone has already made a start; the ride height here looks lower, the exhaust larger, the gearknob decidedly worse than standard. The numberplate and stickers would at least suggest enthusiast ownership, as would four matching tyres, so that’s good to see.

The mileage is low, both inside and outside look very smart, and we’ll almost be at British Summer Time before the next MOT is due. While it might have taken longer than expected for the best MX-5s to reach this money, without a direct replacement due it seems unlikely they’re going to sink towards Shed money anytime soon. Even the very cheapest 1.5 are eight grand. There’s never been a bad time for the ND, in truth, because it was the best MX-5 (in an all-round sense) ever made. But now it just looks that little bit more enticing.


SPECIFICATION | MAZDA MX-5 2.0 SE-L

Engine: 1,998cc, 4-cyl
Transmission: 6-speed manual, rear-wheel drive
Power (hp): 160@6,000rpm
Torque (lb ft): 148@4,600rpm
MPG: 40.9 (NEDC combined)
CO2: 161g/km
Year registered: 2016
Recorded mileage: 46,134
Price new: £20,095
Yours for: £9,995

See the original advert

Author
Discussion

V12GT

Original Poster:

682 posts

121 months

Tuesday
quotequote all
I'm quite surprised how slowly these have depreciated. In 2016, I bought an early (2006) NC for £3k, no rust and decent service history, although 80k miles. Even allowing for inflation, that would equate to a £5-6k car now. Ran it until 2023, without any problems.

Honeywell

1,682 posts

129 months

Tuesday
quotequote all
I have a 184hp Sport Tech in the lovely red. Undersealed from 700 miles old I've struggled for a year to justify replacing it with something else despite having ~£30k in cash waiting to add to its replacement.

Normally aspirated, RWD, Bilstein dampers, rear diff, manual (rifle bolt) gearbox, great build quality, never goes wrong, 40mpg, cheap to service/insure, looks good, sounds good with a £300 exhaust mod.

It's just too rationally good to justify spending £££ on something else other than for bragging rights. It's one of those cars that you'd look back and regret selling.

pb8g09

3,295 posts

100 months

Tuesday
quotequote all
Honeywell said:
I have a 184hp Sport Tech in the lovely red. Undersealed from 700 miles old I've struggled for a year to justify replacing it with something else despite having ~£30k in cash waiting to add to its replacement.

Normally aspirated, RWD, Bilstein dampers, rear diff, manual (rifle bolt) gearbox, great build quality, never goes wrong, 40mpg, cheap to service/insure, looks good, sounds good with a £300 exhaust mod.

It's just too rationally good to justify spending £££ on something else other than for bragging rights. It's one of those cars that you'd look back and regret selling.
Sounds like you’re ready for a trip to BBR…

Or America for the LS conversion….

Honeywell

1,682 posts

129 months

Tuesday
quotequote all
Yeah, could do that. But then £8000 spent on forced induction of the MX5 would be £8000 I could spend on a lightly used BMW 800GS adventure bike. The two spends seem disproportionate to me. More toys wins over who has the biggest toy.


hendo90

1 posts

119 months

Tuesday
quotequote all
After many years of lurking I'm compelled to break my silence in response to that question and say I'm slightly too tall to fit in one, which is extremely frustrating as they look great value for money.

speciald

217 posts

202 months

Tuesday
quotequote all
Having recently sold a Cayman to get something more sensible, one of these is high on the list for a fun car when I am in the position to get one.

Turbobanana

8,559 posts

232 months

Tuesday
quotequote all
I'm sure it's lovely and great value, but what a dull-looking thing in grey with grey wheels and grey interior. Was the first owner in a deep depression when they ordered it? You'd lose it on a foggy day.

DaveyBoyWonder

3,986 posts

205 months

Tuesday
quotequote all
I assumed NDs had been under 10k for years...

Fr0ggy

27 posts

37 months

Tuesday
quotequote all
Honeywell said:
Yeah, could do that. But then £8000 spent on forced induction of the MX5 would be £8000 I could spend on a lightly used BMW 800GS adventure bike. The two spends seem disproportionate to me. More toys wins over who has the biggest toy.
and that would ruin the original character of the car as well, making something it is not (could be 'better' though, depends on your interpretation of 'better'). BBR also do some non turbo mods but I get your point on a nearly new bike instead - that sounds like more value, especially if you are content with the car as you have it.

NGK210

5,152 posts

176 months

Tuesday
quotequote all
I know this is PH, where MX5s are only acceptable in orange / red / lairy green, etc, but imho that looks very handsome and stealthy in metallic grey paperbag

Dealer’s ad spiel has the obligatory reams of waffle and BS and, sadly, the obligatory non-mention of any service history.
Slippery shytes. Off with their heads!

Taz73

554 posts

43 months

Tuesday
quotequote all
I do like these, whilst grey wouldn’t be my first choice, it does still look smart. I’d have to drive it though and see if I’d want the extra performance over the apparently sweeter revving 1.5 which is still quicker than my old na 1.8.

86wasagoodyear

1,001 posts

127 months

Tuesday
quotequote all
I still can't believe the MX-5 has had to be killed off new because of the killjoys.
It's small, lightweight, doesn't use excessive raw materials to build, reasonably economical & certainly far more so than most cars with an ICE motor. Brilliant by being less of everything except fun.
We should be keeping the MX-5 in production and regulating to force all the 2 tonne SUVs to stop being made. Get everyone in smaller lighter vehicles, no matter what they're powered by.

sixor8

8,672 posts

299 months

Tuesday
quotequote all
hendo90 said:
After many years of lurking I'm compelled to break my silence in response to that question and say I'm slightly too tall to fit in one, which is extremely frustrating as they look great value for money.
Me too, so I'm having to 'make do' with an NC model. smile And I only just fit in it with the roof up.

I got the 2.0 litre Sport model which comes with Bilstein dampers, strut brace, heated leather seats and 17" alloys. The first buyer added the BOSE and climate control too, Strangely though, there is no outside temp display.

10 yrs lurking is a fabulous effort!

spreadsheet monkey

4,822 posts

258 months

Tuesday
quotequote all
V12GT said:
I'm quite surprised how slowly these have depreciated. In 2016, I bought an early (2006) NC for £3k, no rust and decent service history, although 80k miles. Even allowing for inflation, that would equate to a £5-6k car now. Ran it until 2023, without any problems.
MX-5s have no natural competitors, and they generally do much lower mileages than a normal family car, so it's no surprise this has retained almost half of its value after 10 years.

It's the komodo dragon of cars smile

spreadsheet monkey

4,822 posts

258 months

Tuesday
quotequote all
86wasagoodyear said:
We should be keeping the MX-5 in production and regulating to force all the 2 tonne SUVs to stop being made. Get everyone in smaller lighter vehicles, no matter what they're powered by.
As a former NB MX-5 owner I understand the sentiment, but once you start deciding what people can and can't drive, and deeming some cars to be "excessive", then that's a slippery slope that leads towards everyone owning a grey Trabant.

RearEnginedMidLife

117 posts

3 months

Tuesday
quotequote all
sixor8 said:
hendo90 said:
After many years of lurking I'm compelled to break my silence in response to that question and say I'm slightly too tall to fit in one, which is extremely frustrating as they look great value for money.
Me too, so I'm having to 'make do' with an NC model. smile And I only just fit in it with the roof up.

I got the 2.0 litre Sport model which comes with Bilstein dampers, strut brace, heated leather seats and 17" alloys. The first buyer added the BOSE and climate control too, Strangely though, there is no outside temp display.

10 yrs lurking is a fabulous effort!
I suspect this is why they're not more popular among Western car enthusiasts than they are - even moderately tall people won't fit in one with a helmet on, so track days are out.

Track days do seem to be less and less popular amongst "driving enthusiasts" nowadays though, so maybe not so much of a concern?

LuS1fer

43,565 posts

276 months

Tuesday
quotequote all
I had an ND2 2.0 RF for two years. I managed to buy it cheap but still lost £1000 through Motorway.

Stunning styling especially in Soul Red but the paint gets more chips than a seaside resort. Interior storage is criminally poor.

Quality was the downfall for me. Both window regulators snapped and every time I opened the flimsy boot, I would think it extremely cheap.

So beauty gave itself up to the beast, a GR Yaris though I had to pay significantly more but it is so much better built.

If I was younger...a lot younger...no even younger than that, I would certainly put a cheap one on my list though. Probably reasonable on insurance too.

MattsCar

2,505 posts

136 months

Tuesday
quotequote all
spreadsheet monkey said:
V12GT said:
I'm quite surprised how slowly these have depreciated. In 2016, I bought an early (2006) NC for £3k, no rust and decent service history, although 80k miles. Even allowing for inflation, that would equate to a £5-6k car now. Ran it until 2023, without any problems.
MX-5s have no natural competitors
Pretty much this, not only that, there are only 2 other options for brand new sub £50k convertible cars (none of which are MX5 competitors) currently available. Lack of supply/ availability of this type of car will no doubt have an effect on used prices.

5lab

1,949 posts

227 months

Tuesday
quotequote all
article said:
You can't buy the fourth-gen MX-5 new anymore
is this true? I thought it was only the 2l that was cancelled? You can still build one on the mazda website

Cryssys

976 posts

69 months

Tuesday
quotequote all
Honeywell said:
More toys wins over who has the biggest toy.
I like your attitude. beer