Real price data

What should you pay for a 2020 Mazda MX-5 Miata?

Original MSRP

$26,580

When new

Fair market price

$19,585

Mileage-adjusted

Below MSRP

$6,995

A fair used price

Where prices land

$14,900Fair price $19,585$28,998

25th $21,993 · 75th $26,998 · MSRP $26,580

Spread of current 2020 Mazda MX-5 Miata listings · 25th–75th percentile marked.

Negotiating leverage

33

out of 100

moderate leverage

~30 days of national supply — moderate negotiating leverage.

Ridekick's negotiating-leverage score blends national Market Day Supply with how far listings sit above the mileage-adjusted fair price. Higher means more room to negotiate.

Market demand & negotiating leverage

30days of supply

Balanced market

Supply and demand are roughly balanced for the 2020 Mazda MX-5 Miata.

National Market Day Supply — how long it would take to sell the current used 2020 Mazda MX-5 Miata inventory at the recent sales rate (lower means it sells faster). Source: MarketCheck.

Estimated dealer cost (invoice)

$24,454$25,517

Estimated dealer invoice — about $26,580 MSRP minus a typical 48% manufacturer margin.

An estimate, not a sourced figure. Actual dealer invoice varies with manufacturer incentives, holdback, and regional pricing.

Fair price by trim

TrimFair priceMSRPEst. dealer cost
Club$24,998$30,890$28,419–$29,654
sport$26,580$24,454–$25,517
Grand Touring$26,998$32,195$29,619–$30,907
100th-anniversary$32,670$30,056–$31,363
Club
$24,998
Grand Touring
$26,998

Frequently asked questions

What is a fair price for a 2020 Mazda MX-5 Miata?

A fair, mileage-adjusted price is about $19,585, within a typical market range of $21,993 to $26,998.

Is the 2020 Mazda MX-5 Miata cheaper than MSRP?

Yes — its original MSRP was about $26,580, so a fair used price is roughly $6,995 below MSRP.

Is now a good time to buy a 2020 Mazda MX-5 Miata?

There are about 30 days of national market supply for the 2020 Mazda MX-5 Miata Supply and demand are roughly balanced for the 2020 Mazda MX-5 Miata.

How much can you negotiate on a 2020 Mazda MX-5 Miata?

Negotiating leverage rates 33/100 (moderate). ~30 days of national supply — moderate negotiating leverage.

What does the dealer pay for a 2020 Mazda MX-5 Miata?

The estimated dealer cost (invoice) is roughly $24,454$25,517 — its $26,580 MSRP minus a typical 48% margin. An estimate; actual invoice varies.

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Prices are computed from live market listings, adjusted for mileage, and aggregated by trim · updated 6/24/2026. Estimates only; your price depends on condition, options, and location.