By KBB Editors
Updated December 23, 2019
If you grew up attracted to classic British roadsters from Triumph and MG, or you just love the feeling of a small, well-connected roadster that was born for curving back roads, you’re a candidate for the 2012 Mazda MX-5 Miata convertible. Open-air fans will find lots to like, especially the Miata’s sub-$25,000 starting price. Those who live in cold climates will appreciate the retractable hardtop option.
If you need one car to do many things, and there is more than one of you to consider with this purchase, the 2012 Mazda MX-5 Miata convertible may be a poor choice. The compact trunk and two-seat configuration severely limits the MX-5 Miata’s cargo and people-hauling abilities.
The only significant change to the 2012 Mazda MX-5 Miata convertible line is the addition of electronic traction and stability control on all models.
Most of the world’s automotive legends come from earlier times, with very few post-1970s cars making the list. One that does is the 2012 Mazda MX-5 Miata, a 23-year mainstay of the Mazda line and the only compact, modestly-priced 2-seat roadster offered in the U.S. Since its introduction, the Mazda MX-5 Miata has garnered fans from all ages, both male and female, who simply love the open-air experience, the go-kart-like handling and near bullet-proof repair and reliability ratings. Over the years, Mazda has refined the MX-5 Miata formula, adding more safety and convenience features, as well as more power and chassis rigidity. But the basic MX-5 Miata flavor is still the same, which is why this little roadster remains popular, year after year.
2012 MAZDA MX-5 Miata pricing starts at $9,826 for the MX-5 Miata Sport Convertible 2D, which had a starting MSRP of $24,465 when new. The range-topping 2012 MX-5 Miata Special Edition Convertible 2D starts at $12,459 today, originally priced from $32,020.
Original MSRP | KBB Fair Purchase Price (national avg.) | |||
---|---|---|---|---|
$24,465 | $9,826 | |||
$26,825 | $13,087 | |||
$28,095 | $11,045 | |||
$32,020 | $12,459 |
The Kelley Blue Book Fair Purchase Price for any individual used vehicle can vary greatly according to mileage, condition, location, and other factors. The prices here reflect what buyers are currently paying for used 2012 MAZDA MX-5 Miata models in typical condition when purchasing from a dealership. These prices are updated weekly.
There is nothing about the 2012 Mazda Miata convertible that we don’t like. Is it loaded with horsepower? No. But, with a total weight of roughly 2,500 pounds, the 167-horsepower 2.0-liter engine is more than sufficient. From the lovely quick-shifting manual transmission to the near-instantaneous steering turn-in response, the 2012 Mazda MX-5 Miata is a true enthusiast driver’s dream. The MX-5 Miata’s all-independent suspension and almost 50/50 front-to-rear weight distribution contribute to the terrific level of handling, as well as the compliant ride. And, while its development over twenty years has necessarily accommodated new safety and emission legislation, the tight, lithe platform continues to deliver an almost magical connection with the asphalt and fresh air. It’s more than mere transport; it’s transport to another place.
There is no getting around the fact that the 2012 Mazda MX-5 Miata convertible’s interior is a snug affair but, for those who can wedge themselves inside, it promises to be a great ride. The beauty of the MX-5 Miata’s interior is that, if you’re shorter than six feet tall, there is ample leg and head room, even with the top up. The seats might be marginally comfortable for some, and a few people may find them not to be the best for longer trips. Amazingly, the 2012 Mazda MX-5 Miata convertible’s trunk is big enough to fit a large overnight bag or a few days’ worth of groceries. The interior materials are well above what we’d expect at this price, with Grand Touring models outfitted with heated leather seats, Bose audio and automatic climate control.
We could describe the 2012 Mazda MX-5 Miata convertible’s most alluring features to you, or you could just look at a picture, because what you see is what you get. The sleek exterior shares no sheet metal or parts with the last-generation Miata, but the two look amazingly similar. The MX-5 Miata’s retractable soft top is a marvel of engineering, requiring only one arm to open and close. Those looking for a bit more comfort and security can opt for the retractable hardtop version, which amazingly takes up no trunk space and results in the loss of only a small storage compartment behind the driver’s seat.
2.0-liter DOHC 4-Cylinder Engine
There is no supercharger or turbo to boost output, no V6 crammed under the hood to throw off the 50/50 weight balance, just a marvelously rev-happy 2.0-liter engine that responds without complaint and sips fuel to the tune of 28 mpg.
Aluminum
To look at the MX-5 Miata’s spec sheet, you’d think the starting price was in the mid-$30s or even $40s, rather than mid-$20s, as the structure utilizes a remarkable amount of lightweight (and relatively costly) aluminum. Hood, trunk, front suspension control arms, rear suspension uprights and rear brake calipers are all crafted in a material many carmakers seem yet to discover in any meaningful quantities. It keeps the MX-5 Miata commendably light and wonderfully responsive.
Despite an entry-level price tag, the base 2012 Mazda MX-5 Miata Sport is comprehensively equipped. A 5-speed manual transmission, power-assisted rack-and-pinion steering, electronic traction and stability control, side-impact airbags, 16-inch alloy wheels, air conditioning, glass rear window with defroster, power windows, leather-wrapped steering wheel, adjustable-height driver’s seat and AM/FM/CD with MP3 playback capability are but a few of the highlights. In short, despite a relatively low price tag (under $25K), the entry-level 2012 Mazda MX-5 Miata is almost elegantly equipped.
Most of the 2012 MX-5 Miata’s available options are packaged in the trim-level upgrades. Touring and Grand Touring models add a sixth gear to the manual transmission; all three trim levels offer an available 6-speed automatic as an option. The Touring – and by extension, Grand Touring – has 17-inch alloy wheels, a chrome grille surround, power door locks, an in-dash 6-disc CD changer and remote keyless entry. Moving up from the Touring trim level to the Grand Touring adds a black or beige cloth top (instead of the Sport and Touring black vinyl top), automatic air conditioning, leather seating and a Bose audio system. A more aggressive Sport suspension (with Bilstein shocks and limited-slip differential) can be added to both Touring and Grand Touring models equipped with the manual transmission. The retractable hardtop is offered on Touring or Grand Touring trim levels and adds the power retractable hardtop with a glass rear window and rear defroster.
With 167 horsepower at 7,000 rpm from its 2.0 liters of displacement, the 2012 Mazda MX-5 Miata’s powertrain is merely middle-of-the-pack in terms of power output. But what it provides in driving enjoyment puts it solidly in pole position, with feedback – both mechanical and aural – fully appropriate to the classic sports-car experience. And much of that has been engineered into the car. One example: The engine’s plastic composite intake manifold is designed to transmit – rather than mask – certain frequencies that duplicate a sports car’s "sound." Both 5-speed and 6-speed manual transmissions are short in their throws and precise in their actuations. And, as noted, a 6-speed automatic is optional across the board, but truly appropriate only if you’ve lost your left leg in a racing accident.
2.0-liter in-line 4
167 horsepower @ 7,000 rpm (manual); 158 horsepower @ 6,700 rpm (automatic)
140 lb-ft of torque @ 5,000 rpm
EPA city/highway fuel economy: 22/28 (5-speed manual), 21/28 (6-speed manual), 21/28 (6-speed automatic)
Get 1.9% APR for 36 months on a new 2025 MAZDA MX-5 MIATA.
Lease a new 2025 MX-5 RF Grand Touring (RWD / Manual Transmission) for $519 per month for 36 months with $2,499 due at signing.
Get $1,000 Accessories and Genuine MAZDA Accessories on a new 2025 MX-5 MIATA ST.
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Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
---|---|---|---|---|---|
2022 | + $975 | $10,581 | $9,653 | ||
2023 | $485 | $10,096 | $8,825 | ||
2024 | $1,325 | $8,771 | $7,244 | ||
Now | $735 | $8,036 | $6,268 |
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2-Year Forecasted Depreciation
*Depreciation for the last 12 months of the private party resale value.
Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.
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Curb Weight | 2447 lbs. | ||
---|---|---|---|
Fuel Capacity | 12.7 gallons | ||
Front Head Room | 37.4 inches | ||
Front Leg Room | 43.1 inches | ||
Max Seating Capacity | 2 | ||
Minimum Ground Clearance | 4.6 inches | ||
Overall Length | 157.3 inches | ||
Front Shoulder Room | 53.2 inches | ||
Trunk or Cargo Capacity | 5.3 cu.ft. | ||
Turning Diameter | 30.8 feet | ||
Wheel Base | 91.7 inches | ||
Gross Vehicle Weight Rating (GVWR) | 3078 lbs. | ||
Width with mirrors | 67.7 inches |
Alloy Wheels | Available | ||
---|---|---|---|
Fog Lights | Available | ||
Number of Doors | 2 doors | ||
Rear Spoiler | Available |
City | 22 mpg | ||
---|---|---|---|
Highway | 28 mpg | ||
Combined | 25 mpg |
Drivetrain | RWD | ||
---|---|---|---|
Transmission Type | Manual | ||
5 speed | Available | ||
Recommended Fuel | Premium |
Horsepower | 167 @ 7000 RPM | ||
---|---|---|---|
Torque | 140 @ 5000 rpm | ||
Engine | 4-Cyl, 2.0 Liter |
Basic | 3 years / 36000 miles | ||
---|---|---|---|
Powertrain | 5 years / 60000 miles | ||
Corrosion | 5 years / Unlimited miles |
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Yes, the 2012 MAZDA MX-5 Miata is a good car. Its Kelley Blue Book rating of 4.2 out of 5 is within 10% of our average rating.
2012 MAZDA MX-5 Miata city/highway fuel economy ratings range from 21/28 mpg to 22/28 mpg, depending on trim and equipment.
Used 2012 MAZDA MX-5 Miata prices currently range from $9,826 for the Sport Convertible 2D to $13,087 for the Touring Convertible 2D when purchasing from a dealership, depending on a range of factors like equipment, mileage, and condition.
The cheapest 2012 MAZDA MX-5 Miata is the Sport Convertible 2D, with a Kelley Blue Book Fair Purchase Price of $9,826.
The 2012 MAZDA MX-5 Miata is part of the 3rd-generation MX-5 Miata, which our owners give an above-average reliability rating of 4.9 out of 5.