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2023 MAZDA MX-5 Miata
#1 Best Convertibles of 2023

Used 2023 MAZDA MX-5 Miata

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4.7
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2023 MAZDA MX-5 Miata Exterior: 0
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2025
2023
Fuel Economy
29 combined mpg
Horsepower
181 hp
Engine
4-Cyl, SKYACTIV-G, 2.0 Liter
Cargo Volume
4.6 cu ft
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2023 MAZDA MX-5 Miata Review

Colin Ryan

By Colin Ryan

Updated January 30, 2025

Colin Ryan specializes in writing about new cars. He has done this for the Los Angeles Times, Variety, Kelley Blue Book, Autotrader, Popular Mechanics, Mazda and Lexus customer magazines, plus a bunch of enthusiast sites and publications. And he spent several years as a staff writer at BBC Top Gear magazine. During this zig-zag of a career trajectory, he has driven everything from budget Malaysian hatchbacks (yes, they exist) to scarily expensive Italian exotica.

Pros

  • Fantastic fun
  • Excellent manual transmission
  • Great build quality

Cons

  • Tight interior
  • Tiny trunk
  • Reflective display

What's New?

  • Zircon Sand Metallic paint

It’s brilliant. Buy it. The end.

OK, we’ll expand. Humankind has invented some really cool stuff — like space rockets, MRI scanners, Lego bricks, electric guitars, and the Swiss Army knife. To such hallowed company, we would add the Mazda MX-5 Miata, the little sports car with the capacity for big fun.

As long as practicality isn’t a priority and you’re comfortable enough in the cabin, driving the MX-5 Miata will be most definitely a joy.

RF: Retractable Fastback

A typical MX-5 Miata is the soft-top version with a cloth roof. But Mazda also offers an RF variant in the Club and Grand Touring trims, with a power-retractable hard top in a fastback shape. The car looks more like a coupe when the RF roof is in place.

It takes just 13 seconds to open or close, and makes the MX-5 Miata more of a car for all seasons. A little extra weight is added, but not enough to dampen the experience.

2023 MAZDA MX-5 Miata Pricing

2023 MAZDA MX-5 Miata pricing starts at $25,261 for the MX-5 Miata Sport Convertible 2D, which had a starting MSRP of $29,215 when new. The range-topping 2023 MX-5 Miata Grand Touring Convertible 2D starts at $27,448 today, originally priced from $34,215.

Original MSRP
KBB Fair Purchase Price (national avg.)
$29,215
$25,261
$32,715
$26,853
$34,215
$27,448

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 2023 MAZDA MX-5 Miata models in typical condition when purchasing from a dealership. These prices are updated weekly.

Driving the MAZDA MX-5 Miata

We’ve met engineers working for Mazda who own an MX-5 Miata and drive it just for the thrill. That’s an emphatic endorsement right there.

Sure, you could buy a Porsche 718 Boxster, a BMW Z4 or even a Corvette and enjoy greater power while still doing the whole top-down thing. But they’re more expensive and, frankly, the MX-5 Miata’s 181 horsepower is ample enough for public roads, while the handling still works well on a track.

Nor does it take an experienced road warrior to enjoy. The MX-5 Miata’s charms are easy to access. So someone new to the discipline of rear-wheel drive and perhaps even a manual transmission couldn’t make a better choice than this.

The MX-5 Miata is involving — it’s not just transportation. The steering is communicative, the suspension is precise yet still bearable for everyday driving and/or longer trips. We’ve racked up hundreds of miles in the MX-5 Miata and would gladly do more at the drop of the proverbial hat.

One thing to think about is the Club version. It comes with a stiffer Bilstein suspension, front strut tower brace for extra rigidity at the front end (sharpening up the steering), and a limited-slip differential enhancing rear-wheel traction. Give this version a test drive before settling on a trim level, just in case it might be too firm for your tastes. After all, the other versions are perfectly fine.

We’ve spent hundreds of hours driving and researching the current collection of convertibles including this Mazda MX-5 Miata.

Intimate Interior

It’s the opposite of that “you must be this tall to ride” theme park notice. The narrow 2-seater quarters and low windshield of the 2023 MX-5 Miata make it effectively unsuitable for the biggest and broadest members of the motoring public, sadly.

The passenger footwell has to give up space to the transmission tunnel, there’s no glove box, and not much space for phones. As if any of that mattered.

What does matter is the driving position, low to the ground for the best seat-of-the-pants perception of how the car is behaving. The way the right hand falls naturally onto the gear lever. And the uncluttered dashboard.

Just a couple of gripes. When the roof is down and the sun is behind, the infotainment display reflects so much light that it’s impossible to tell what it might be saying. And the 4.5-cubic trunk is really only big enough for a couple of soft bags with a weekend’s-worth of luggage.

Our Favorite Features and Tech

Manual transmission
It might seem like a stick-shift belongs in the dark ages, but it’s so right in this car, adding to the involvement. As the saying goes — the more you put into something, you more you get out of it. This unit has one of the sweetest shift actions we’ve ever encountered.

Rear-wheel drive
If there was more power, there might be a higher likelihood of the car’s back end sliding out if someone overcooked it going into a corner. But the setup in the MX-5 Miata is so wonderfully progressive and benign that it’s easy to control.

Apple CarPlay/Android Auto
Despite the scarcity of space for devices, the MX-5 Miata does at least have smartphone integration as standard. It goes wireless in the Club and Grand Touring trims, so there’s no need to take the phone out of your pocket or purse.

Kinematic Posture Control (KPC)
This is about the car’s posture, not the humans inside. The MX-5 Miata has always had superb cornering talents. But since last year, they’ve been enhanced by KPC, which applies subtle braking to the inside rear wheel through fast turns. It makes the steering feel more linear, reduces any body roll, and contributes to the general stability.

Bilstein shock absorbers
These come as standard in the Club trim. Bilstein is a specialist company supplying car makers like Porsche and BMW.

Brembo BBS Recaro package
Brembo supplies brakes for the likes of Ferrari, BBS alloy wheels are highly regarded in the industry, and Recaro makes great racing seats — they’re heated here as well. Available with the Club trim.

Engine & Transmission

Everything Mazda has put into or left out of the 2023 MX-5 Miata makes perfect sense. The company decided not to install a turbocharged engine. Instead, this 4-cylinder unit makes its maximum output at quite high revs, allowing the driver to modulate the throttle for fine control of engine speed.

The standard transmission is a slick 6-speed manual. Again, a great choice. It engages the driver. For those unwilling or unable to use a stick-shift, a 6-speed automatic transmission is available with the Grand Touring trim.

The other inspired choice is rear-wheel drive. The front-engine/rear-drive layout of the MX5-Miata is classic sports car and well balanced. All-wheel drive is not offered. You could always buy a set of winter tires if you live in colder latitudes.

Mazda recommends using 91-octane premium gasoline.

2.0-liter 4-cylinder engine
181 horsepower @ 7,000 rpm
151 lb-ft of torque @ 4,000 rpm
EPA city/highway fuel economy (2022 figures): 26/34 mpg (manual), 26/35 mpg (automatic)

More MX-5 Miata fuel economy information is available on the EPA’s website.

3-Year/36,000-Mile Warranty

Mazda’s new-car warranty is for three years or 36,000 miles, whichever happens first. The powertrain is covered for five years or 60,000 miles. These are typical in the non-luxury sector.


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New MAZDA MX-5 Miata Deals and Incentives

APR

1.9% APR | 36 months

Get 1.9% APR for 36 months on a new 2025 MAZDA MX-5 MIATA.

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End Date: 04/30/2025
LEASE

$409 /mo | 36 months | Due at Signing

Lease a new 2025 MX-5 MX-5 Miata Sport (RWD / Manual Transmission) for $409 per month for 36 months with $2,499 due at signing.

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End Date: 04/30/2025
CONDITIONAL

$1000 Total Cash

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End Date: 04/30/2025
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2023 MAZDA MX-5 Miata
KBB.com Consumer Reviews

4.7
Consumer Rating
Based on 69 Consumer Reviews
Write a Review
93%Recommend this vehicle
5
86%
5
86%
4
9%
4
9%
3
1%
3
1%
2
0%
2
0%
1
4%
1
4%
Value
4.7
Performance
4.7
Quality
4.7
Comfort
4.4
Reliability
4.8
Styling
4.8

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2023 MAZDA MX-5 Miata Styles

Style
Price
Combined Fuel Economy
Horsepower
Engine
Cargo Capacity
Torque
Curb Weight
Sport Convertible 2D
$25,261
29 MPG
181 @ 7000 RPM
4-Cyl, SKYACTIV-G, 2.0 Liter
4.6 cu ft
151 lb-ft
2341 lbs
Club Convertible 2D
$26,853
29 MPG
181 @ 7000 RPM
4-Cyl, SKYACTIV-G, 2.0 Liter
4.6 cu ft
151 lb-ft
2341 lbs
Grand Touring Convertible 2D
$27,448
29 MPG
181 @ 7000 RPM
4-Cyl, SKYACTIV-G, 2.0 Liter
4.6 cu ft
151 lb-ft
2341 lbs
See Full Specs for All 2023 MAZDA MX-5 Miata Styles
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2023 MAZDA MX-5 Miata Depreciation

A 2023 MAZDA MX-5 Miata has depreciated $6,064 or 20% in the last 2 years and has a current resale value of $23,151 and trade-in value of $20,817.

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2023 MAZDA MX-5 Miata
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2023 MAZDA MX-5 Miata Annual Depreciation

Year
Vehicle Depreciation*
Resale Value
Trade-In Value
2023
-
$29,215
$29,215
2024
$935
$28,280
$25,696
Now
$5,129
$23,151
$20,817
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2-Year Forecasted Depreciation

*Depreciation for the last 12 months of the private party resale value.

2023 MAZDA MX-5 Miata Depreciation

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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Specifications

Dimensions, Weights & Capacities

Curb Weight
2341 lbs.
Fuel Capacity
11.9 gallons
Front Head Room
37.4 inches
Front Leg Room
43.1 inches
Max Seating Capacity
2
Minimum Ground Clearance
4.9 inches
Overall Length
154.1 inches
Front Shoulder Room
52.2 inches
Trunk or Cargo Capacity
4.6 cu.ft.
Turning Diameter
30.8 feet
Wheel Base
90.9 inches
Gross Vehicle Weight Rating (GVWR)
3078 lbs.
Width with mirrors
68.3 inches

Exterior

Alloy Wheels
Available
Number of Doors
2 doors
LED Headlights
Available
Rear Spoiler
Available

Fuel Economy

City
26 mpg
Highway
34 mpg
Combined
29 mpg

Mechanical

Drivetrain
RWD
Transmission Type
Manual
6 speed
Available
Recommended Fuel
Premium

Performance

Horsepower
181 @ 7000 RPM
Torque
151 @ 4000 rpm
Engine
4-Cyl, SKYACTIV-G, 2.0 Liter

Warranty

Basic
3 years / 36000 miles
Powertrain
5 years / 60000 miles
Corrosion
5 years / Unlimited miles

Comfort & Convenience

  • Remote Control Liftgate/Trunk Release

Entertainment

  • Bluetooth Streaming Audio

Interior

  • Leather-Wrapped Steering Wheel
  • Power Windows
  • Rear Window Defroster
  • 12V Power Outlet
  • Power Outlet
  • Steering Wheel Controls
  • Tilt Steering Wheel
  • Tilt/Telescoping Steering Wheel

Seating

  • Cloth Seats

Security

  • Alarm System

Technology

  • Bluetooth Wireless Technology
  • Cruise Control
  • Hands Free Phone
  • Remote Keyless Entry
  • Audible Text Messaging
  • Internet Access
  • Push-Button Engine Start
  • Smartphone Interface
  • Touch Screen Monitor
  • USB Port
  • Voice Recognition System

2023 MAZDA MX-5 Miata Safety

2023 MAZDA MX-5 Miata Safety Technology

Forward collision warning with automatic emergency braking

Mazda calls it Smart City Brake Support and it’s standard in every new MX-5 Miata. The “city” part denotes that this works only at in-town speeds: 2 mph to 18 mph.

Blind-spot monitoring with rear cross-traffic alert

With the roof down, there aren’t any blind spots that a glimpse over the shoulder can’t fix. But when the roof is up, it’s always helpful to have some electronic assistance keeping tabs on what’s approaching from behind at either side. Another standard feature across the 2023 MX-5 Miata range.

Adaptive front lighting

This is standard solely in the Grand Touring model. The headlights’ low beams move with the direction of the steering.

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See Details
Price
$25,261
$30,715
$27,564
$28,450
KBB.com Rating
4.8
N/A
4.5
4.1
Consumer Rating
4.7
4.7
4.6
4.0
Fuel Economy
City 26/Hwy 34/Comb 29 MPG
City 26/Hwy 34/Comb 29 MPG
City 20/Hwy 28/Comb 23 MPG
City 19/Hwy 28/Comb 22 MPG
Fuel Type
Gas
Gas
N/A
N/A
Seating Capacity2244
Basic Warranty
3 years or 36000 miles
3 years or 36000 miles
3 years or 36000 miles
3 years or 36000 miles
Horsepower
181 @ 7000 RPM
181 @ 7000 RPM
310 @ 5500 RPM
275 @ 5600 RPM
Engine
4-Cyl, SKYACTIV-G, 2.0 Liter
4-Cyl, SKYACTIV-G, 2.0 Liter
4-Cyl, Turbo, EcoBoost, 2.3 Liter
4-Cyl, Turbo, 2.0 Liter
Drivetrain
RWD
RWD
RWD
RWD

2023 MAZDA MX-5 Miata Rankings

More MAZDA MX-5 Miata News & Information

Convertible
Mazda Honors MX-5 Miata With Stunning 35th Anniversary Edition

Mazda will celebrate the MX-5 Miata’s 35th anniversary with a special edition in a deep garnet hue.

Sean Tucker January 27, 2025
Sports Car
2024 Mazda MX-5 Miata Gets Handling-Focused Updates

Mazda MX-5 Miata lovers praise their cars, above all, for one thing: great handling. For 2024, it’s working on its…

Sean Tucker January 29, 2024
Convertible
Mazda: Next MX-5 Coming in 2026; “Some Kind of Electrification”

The entire automotive world is changing, but the Mazda MX-5 Miata is just right as it is. Naturally, Miata fans…

Sean Tucker December 06, 2022

FAQs

Is the 2023 MAZDA MX-5 Miata a good vehicle?

Yes, the 2023 MAZDA MX-5 Miata is a good car, as reflected by its above-average Kelley Blue Book rating of 4.8 out of 5.

What is the MPG for a 2023 MAZDA MX-5 Miata?

The 2023 MAZDA MX-5 Miata is rated to return city/highway fuel economy of 26/34 mpg.

How much should a 2023 MAZDA MX-5 Miata cost?

Used 2023 MAZDA MX-5 Miata prices currently range from $25,261 for the Sport Convertible 2D to $27,448 for the Grand Touring Convertible 2D when purchasing from a dealership, depending on a range of factors like equipment, mileage, and condition.

What's the cheapest MAZDA MX-5 Miata?

The cheapest 2023 MAZDA MX-5 Miata is the Sport Convertible 2D, with a Kelley Blue Book Fair Purchase Price of $25,261.

Is the 2023 MAZDA MX-5 Miata reliable?

The 2023 MAZDA MX-5 Miata is part of the 4th-generation MX-5 Miata, which our owners give an above-average reliability rating of 4.8 out of 5.

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