How much does the 2023 Mazda MX-5 Miata cost?

Prices are up 2.39% year-over-year — a sign of continued demand for this model year.

There are 321 listings available, which gives you a modest amount of inventory to compare before you buy.

If you find a listing below $27,349.98, that's toward the low end of the year-round range and worth acting on quickly.

Is the 2023 Mazda MX-5 Miata a good car?

Yes — the 2023 Mazda MX-5 Miata earns a 4.75/5 user rating and a 7.17/10 expert rating. The model scores 10/10 across Performance and Cost effectiveness.

The data points to a two-seat, rear-drive roadster that prioritizes driving pleasure over size, speed, or luxury-brand flash. Its appeal is the open-air, lighthearted, street-legal go-kart character that makes even short drives feel special.

The main trade-offs are clear: the cabin is a snug fit and cargo space is limited. For you, that means this is a strong fit if you want a simple, engaging sports car and can live with the compromises that come with that focus.

The market still shows healthy interest, with 32.4% of listings marked as good or great deals.

Is the 2023 Mazda MX-5 Miata reliable?

Owners rate it 4.75/5, a strong signal of long-term satisfaction.

The overview and test-drive data both frame this as a simple, back-to-basics roadster with a strong emphasis on balance, efficiency, and joyful driving. Mazda’s lightweight engineering and the car’s stable, transparent behavior from Kinematic Posture Control support the sense that the chassis is built to deliver consistent enjoyment over time.

The performance notes also point to a sewing-machine-smooth 2.0-liter engine, a rear-drive layout, and a manual transmission that reinforce the car’s durable enthusiast appeal. On the cost side, the base Sport trim is positioned as a relatively affordable way to get this kind of driving experience.

If you buy used, the biggest long-term ownership risk is less about mechanical complexity and more about whether the car has been treated as the focused sports car it is.

What should I look for when buying a used 2023 Mazda MX-5 Miata?

Accident-free inventory is excellent at 92.8% — clean inventory, standard diligence applies.

You should still run a history report and prioritize a pre-purchase inspection, especially because this is a low-slung roadster that may have been driven hard or stored poorly. Pay close attention to cabin wear, top condition, and whether the car has been used in ways that match its enthusiast-first mission.

Key things to evaluate:

• Trim level: The Sport is the most basic version, while the Club improves handling and the Grand Touring adds leather seats and shiny wheels. The base trim also lacks the extra features that come with the higher trims.
• Powertrain: The 2.0-liter four-cylinder makes 181 horsepower and 151 pound-feet of torque, and the manual transmission is the preferred setup. The automatic is available, but it is not the enthusiast choice.
• Safety package: Mazda’s i-ActiveSense suite includes Smart City Brake Support with forward-collision warning and automatic emergency braking, plus blind-spot monitoring with rear cross-traffic alert and lane-departure warning. Grand Touring adds traffic sign recognition, adaptive front lighting, automatic high beams, and rain-sensing wipers.
• Infotainment: The system uses a 7-inch screen. Club and Grand Touring add wireless Apple CarPlay, while Android Auto still requires a USB cable. Grand Touring also adds native navigation.
• Fuel efficiency: The test car returned 29 mpg in combined driving, and the test-drive notes say you can expect at least 300 miles between fuel stops. The car likes 91-octane fuel.

Which 2023 Mazda MX-5 Miata trim should I buy?

The 2023 Mazda MX-5 Miata is offered in 3 trim levels: Sport, Club, and Grand Touring.

Here's the short version:

• Base trim: The Sport is the simplest choice, and it misses the extra comfort and convenience features found higher up the range.
• Sweet-spot trim: The Club is the best value if you want the sharper handling and the richer tech and audio setup without going all the way to the top trim.
• Premium/top trim: The Grand Touring is the one to choose if you want leather seats, shiny wheels, native navigation, and the most complete feature set.
• Off-road trim: Not applicable here.

Grand Touring also gets the extra safety and convenience features from the safety package, including traffic sign recognition, adaptive front lighting, automatic high beams, rain-sensing wipers, and heated side mirrors.

Is now a good time to buy a used 2023 Mazda MX-5 Miata?

This looks like a moderate, selective buyer’s market, so you can shop carefully without expecting deep discounts everywhere.

• Deal availability: 32.4% of listings are priced as good or great deals.
• Inventory: There are 321 listings available.
• Price trend: Prices are up 2.39% year-over-year.
• Clean inventory: 92.8% of listings are accident-free.

If you find a listing below $27,349.98, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2023 Mazda MX-5 Miata's resale value?

The current average of $29,954 sits slightly above last year's $29,255.

That price movement suggests the market has held up well, which is a positive sign if you plan to sell later. A model year that is still appreciating relative to its prior-year average can be easier to move when demand stays steady.

The Miata’s narrow focus also helps its resale story because buyers shopping for this kind of roadster usually know exactly what they want. If your car is clean, well maintained, and lightly used, it should remain appealing to the right audience.

Vehicles with strong owner satisfaction ratings, like this model year's 4.75/5, tend to retain buyer demand, which supports resale value over time.

Is the 2023 Mazda MX-5 Miata safe?

It earns a 3/10 safety score from our experts.

Mazda equips the Miata with its i-ActiveSense driver-assistance suite, which includes Smart City Brake Support with forward-collision warning and automatic emergency braking, blind-spot monitoring with rear cross-traffic alert, and lane-departure warning. Grand Touring adds traffic sign recognition, adaptive front lighting, automatic high beams, rain-sensing wipers, and heated side mirrors.

The safety caveat is straightforward: this is a very light, exposed sports car, and the test-drive notes emphasize that the laws of physics still matter. For you, that means the Miata can be equipped with useful driver aids, but it still asks you to accept more risk than you would in a heavier vehicle.

Should I buy a 2023 Mazda MX-5 Miata or consider a different year?

If you're weighing the 2023 against nearby model years, here's how to think about it:

Choose the 2023 if:

• 32.4% of listings are priced as good or great deals.
• Accident-free inventory is excellent at 92.8% — clean inventory, standard diligence applies.
• Prices are up 2.39% year-over-year.
• Owners rate it 4.75/5 — a strong satisfaction signal.
• It delivers the classic lightweight, top-down, street-legal go-kart experience with strong value.

Consider the 2022 if:

• At $28,833, the 2022 costs less than the current year's $29,954 average.
• It adds Kinematic Posture Control and sharpens the rear-end behavior in corners.

Consider the 2024 if:

• At $31,926, the 2024 costs more than the current year's $29,954 average.
• It brings updated steering, a revised rear differential, and fresher infotainment.

The bottom line: If you want the best balance of price, satisfaction, and the classic Miata formula, the 2023 is the primary path to consider. If you are especially price-sensitive, the 2022 is the value play; if you want newer tech and can spend more, the 2024 is the upgrade path.

These recommendations are based on CarGurus' proprietary market data from August 21, 2026, CarGurus experts' opinions, and generative AI.