Real price data

What should you pay for a 2023 Mazda MX-5 Miata?

Original MSRP

$28,050

When new

Fair market price

$26,693

Mileage-adjusted

Below MSRP

$1,357

A fair used price

Where prices land

$23,888Fair price $26,693$34,990

25th $28,333 · 75th $31,998 · MSRP $28,050

Spread of current 2023 Mazda MX-5 Miata listings · 25th–75th percentile marked.

Negotiating leverage

48

out of 100

moderate leverage

~43 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

43days of supply

Balanced market

Supply and demand are roughly balanced for the 2023 Mazda MX-5 Miata.

National Market Day Supply — how long it would take to sell the current used 2023 Mazda MX-5 Miata inventory at the recent sales rate (lower means it sells faster). Source: MarketCheck.

Estimated dealer cost (invoice)

$25,806$26,928

Estimated dealer invoice — about $28,050 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
Grand Touring$26,904$33,050$30,406–$31,728
Club$27,302$31,550$29,026–$30,288
sport$28,050$25,806–$26,928
Grand Touring
$26,904
Club
$27,302

Frequently asked questions

What is a fair price for a 2023 Mazda MX-5 Miata?

A fair, mileage-adjusted price is about $26,693, within a typical market range of $28,333 to $31,998.

Is the 2023 Mazda MX-5 Miata cheaper than MSRP?

Yes — its original MSRP was about $28,050, so a fair used price is roughly $1,357 below MSRP.

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

There are about 43 days of national market supply for the 2023 Mazda MX-5 Miata Supply and demand are roughly balanced for the 2023 Mazda MX-5 Miata.

How much can you negotiate on a 2023 Mazda MX-5 Miata?

Negotiating leverage rates 48/100 (moderate). ~43 days of national supply — moderate negotiating leverage.

What does the dealer pay for a 2023 Mazda MX-5 Miata?

The estimated dealer cost (invoice) is roughly $25,806$26,928 — its $28,050 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.