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View Full Version : Are we in the Golden Age of the Miata?



WASABI
06-24-2014, 09:06 AM
Is this the BEST time to buy a Miata? An NA Miata, for sure!

http://blog.hemmings.com/wp-content/uploads//2012/06/1990MazdaMiata_01_700.jpg

I have been thinking about this a lot lately. Are we in the golden age for the Miata? I know they seem to be a dime a dozen, and they can still be found fairly inexpensive with reasonable mileage. Hell, you can still get an NA with around 100,000 miles for under $3,000.00 in most places. But, in five more years you will see 200,000 mile cars for sale, as the norm.

http://rallyways.com/wp-content/uploads/2014/01/miata_with_hardtop_rear-740x493.jpg

These cars are made to drive, and be enjoyed. As we continue to drive these little cars, on the road, or on the track, we are tacking on the miles. This means wear and tear, risk of accidents, modifications (good and bad), and rocker rust. It will make it harder to find clean low mileage examples. Harder to find stock replacement parts, hardtops, seats (leather OMG), dashes, soft top frames, motors, and all those little bits, clips and pieces of the interior, that are not being made any more. In a few years, many of our own cars will need "restorations", instead of just "maintenance".

http://rallyways.com/wp-content/uploads/2014/01/miata_leather_driving_gloves-740x493.jpg

The Miata just passed the 25 year mark, and more and more people are joining the roadster bandwagon. Soon there will be three versions of the miata that are no longer in production. The NA cars are about to reach "Vintage" status.

https://fbcdn-sphotos-c-a.akamaihd.net/hphotos-ak-xpf1/t1.0-9/10441532_10152267956158246_1677995779595671455_n.j pg

I've seen the NA prices up about $600.00 - $1,200.00 for a 100,000 to 150,000 mile car, from a couple of years ago. NB prices have stayed pretty level. NC prices are on the decline.
Seems like a lot of younger buyers are searching for an NA Miata, looking for the next cool car. To mod, and slam, and drift. Unfortunately many of those Roadsters will be beat to death, or crashed.

I think this is a perfect time to buy a Miata.

-Cheers,

Jim

atank
06-24-2014, 09:14 AM
I thought we were on the downhill slope when they took the oil pressure gauge out of the Miata :fp:

When gasoline internal combustion engines become a minority in the powertrain mix, yes, an old age will have passed and a new one begun.

The Driver
06-24-2014, 09:42 AM
NA prices took a dive when the economy felled out (2008-2013ish) . Frankly, I've seen a pricing upswing, even for cars that I'd consider junk.

Martin
06-24-2014, 09:54 AM
Oh, those E-Types! Want!!!

The Driver
06-24-2014, 10:03 AM
Oh, those E-Types! Want!!!

Focus, brah, focus... :fp:

RuckkehrMiata
06-24-2014, 10:07 AM
Define golden age, you are implying by your statement that any time is a bad time to buy/own a miata.
I simply don't find this to be true. Anytime is miata time.

Martin
06-24-2014, 10:16 AM
Focus, brah, focus... :fp:
I'm easily distracted by beauty :whistle:

riefdaddy
06-24-2014, 10:23 AM
I'd tend to agree, the market price will continue to increase on Miatas. NAs will probably appreciate the most. They are the first generation and that always becomes the most desirable generation of most every model car. We also all know that SE and LE cars are also up on the list as well as limited run paint colors, C package cars and so on.

I guess I need to find a nice BRG and join the Gentleman's Club asap. I'll also keep my 94 as it is the first year of the NA8 and many consider it the best year for the NA - I have reservations about that, but that is what people claim. So yes, Wasabi, now is the golden age and the time to buy a Miata before the prices begin escalating.

Phatmiata
06-24-2014, 11:39 AM
I am sure that when the ND comes out all 3 generations will take a huge price hit, and THAT will be the buyers market, but it won't last very long. Right now with all the hype the NA is getting I am seeing some upward price swings, not sure about the other gens as I have not been watching. But considering most NA's are in the 20~25 year mark, I would say that if you want any Limited Edition Miata; 93LE, 91BRG, Sunburst Yellow, 95Merlot or other M-Editions I would say to start looking right now!!! As these cars will start changing hands very soon as current owners retire from Miataville, or pass on to the next life. I plan to pass down 2 Miatas, (one for each of my sons). So don't hold your breath for any of my cars, hahahha :blaugh2:

Phatmiata
06-24-2014, 11:45 AM
Here is a post I made about Miata Production Numbers, read it and get an idea of where the NA is going IMHO.

http://mazdaroadster.net/showthread.php?4782-SA22-vs-NA-1st-Gen-Miata-Production-Numbers

Right now there might be a surplus of NAs but like WASABI stated that wont last forever. My guess is in 10 years all the good ones are snatched up, and just junkers will be available, but that is just me.

WASABI
06-24-2014, 12:16 PM
Define golden age, you are implying by your statement that any time is a bad time to buy/own a miata.
I simply don't find this to be true. Anytime is miata time.

I'm saying now is probably the BEST time to buy an NA (a 3 to 5 year window). Before the prices rise. Before all the used ones for sale have 200,000+ miles on them. Before, they all have been repainted, or plasti-dipped. The cars aren't getting any younger, and more are taken out of a viable pool of good cars every year, from rust, neglect, damage. I just think that we are in a great age to buy them up, at a bargain.

-Jim

WASABI
06-24-2014, 12:22 PM
Oh, those E-Types! Want!!!

Martin, those Jags were at a British car show I went to last Sunday... soooooo nice in person. 20+ E Types there.

As well as a few other choice Jags.

https://fbcdn-sphotos-g-a.akamaihd.net/hphotos-ak-xpf1/t1.0-9/10387577_10152267954823246_3672512633832073070_n.j pg

https://scontent-b.xx.fbcdn.net/hphotos-xpf1/t1.0-9/1965020_10152267956203246_3224335644912959027_n.jp g

riefdaddy
06-24-2014, 01:45 PM
Mmmmmm, D Type.... must... fight... urge.... for British... car.... remember.... Lucas.... electronics...<gasp>

etikoner
06-24-2014, 02:42 PM
I'm reading this without any money sitting on an 95M that's been heavily neglected and UN M-editioned by previous owners, and I. lol

When I bought my 95M I saw others for sale ranging from 3500- 5500. Now I regularly see them hovering at asking prices of around 7500.

I wonder what someone could ask for an un-molested under 100,000 k miles NA miata 10 years from now.

Phatmiata
06-24-2014, 02:45 PM
I'm reading this without any money sitting on an 95M that's been heavily neglected and UN M-editioned by previous owners, and I. lol

When I bought my 95M I saw others for sale ranging from 3500- 5500. Now I regularly see them hovering at asking prices of around 7500.

I wonder what someone could ask for an un-molested under 100,000 k miles NA miata 10 years from now.

I have a 95M right now with 47K on the clock, no rust, wanna buy it? :winky:

Rogue
06-24-2014, 02:45 PM
Mmmmmm, D Type.... <gasp>

Nope, thats a C-type! D-types are so sexy they're NSFW ;)

etikoner
06-24-2014, 02:49 PM
I have a 95M right now with 47K on the clock, no rust, wanna buy it? :winky:

YESSSSSS.

But can I?

Nooo :(

Rogue
06-24-2014, 02:49 PM
I'm reading this without any money sitting on an 95M that's been heavily neglected and UN M-editioned by previous owners, and I.
I also have a X95M that is becoming my next build…..I'll leave a bit of the purple as proof. ;)

Jeremiah
06-24-2014, 03:23 PM
I think its a great time to buy a Miata, its summer. (doesn't pertain to me since I am all for the top up) but for those looking for affordable summer fun, its the MX-5...Miata is the answer.

Now whether a buyer is looking for the flippy headlights NA, the baby RX-7 looking NB, or the RX-8 inspired NC....theres a generation for every taste.

I like all three generations but my preference is the NC, (owned a NB and drove a NA).

Fortunately prices are very affordable, wish I could say the same for the S2000.

When the ND arrives, I expect all the previous generations to take a price hit.

Now as time goes by and clean low mileage/non abused NA/NB/NC examples become more rare (more specifically the NA) + the demand....prices will go up.

Just look at the pricing for good to mint condition CRX/Integra cars....its up there. The market for an unmolested/not beat up CRX now in the bay area is $2000-$5000.

The same will happen when people are looking for NA/NB. The NC is still fairly new so it will be a while and plus it seems to be the more unloved generation out of the Miatae bunch.

I like my "old man" NC whip, the modern day soap bar roadster.

WASABI
06-24-2014, 03:30 PM
Nope, thats a C-type! D-types are so sexy they're NSFW ;)

Yes, but there were D-Types there. it was "hard" not drooling while I was taking the pictures. It smelled soooooo good too!

http://www.fagerquist.com/miata/mod/show 3.jpg

http://www.fagerquist.com/miata/mod/show 2.jpg