NA Miata Values & Discussion Thread MX5 Miata Roadster

[wannafbody]

I was watching the Mecum auction and my impression is the market has tanked. Cars were selling for 10-15K less than I would expect. The Miata market seems to be increasing in value and I'm not sure why. 8k for a red 90? That's a 6k car with hardtop. Really odd valuations.

[Satisaii]

Those things tend to go in waves with years of the cars.

The people who drive the prices up are wanting a car they dreamed about when they were new, but unable to afford. And they now have them money to spend on an example that is as close to that ideal as possible. That would now be the 1980's and 1990's YM.

The last wave of buyers is getting older and is wanting to sell the cars they bought to scratch that itch. So now the cars from the 60's are loosing a bit of value as the hoarders let go to fund their retirement dreams.