$30K For A 1997 MX-5 Miata With 120 Miles On The Clock – Are You Sold?

1997 Mazda MX-5 Miata

Prices for the first-gen Mazda MX-5 Miata are on the rise, though asking almost $30k ($29,995, to be exact) for a barely driven example might be a bit too much.

We originally found the vehicle on Craigslist, which led us to Hayes Auto Sales in Roseville, California.

The dealer apparently has a 1997 MX-5 Miata on sale and the little roadster only has 120 miles on the clock. For a 21-year-old car, that’s incredibly impressive; whoever bought the vehicle must’ve put it in a garage right away.

Now, $30,000 sounds like a lot of money for a ’97 Miata – and it is. But the model that’s up for sale isn’t just a regular Miata – it’s a special M-Edition.

For 1997, Mazda built 3,000 M-Edition Miatas. The special-edition was finished in Marina Green and had polished Enkei wheels. On the inside, there’s tan leather interior and some Nardi bits like on the shift knob and parking brake.

The Miata comes with a 1.8-liter four-cylinder engine that pumps out 133 horsepower and is paired to a five-speed gearbox that’s a real joy to row through.

The car looks like it’s in pristine condition, which shouldn’t be surprising, as the vehicle’s barely been driven. This is, without a doubt, the closest anyone will ever get to purchasing a new NA Miata today. A lot of exampleshave been modified and beat to hell. And those, surprisingly, are still selling for around $5,000.

We are comparing apples to oranges here, but if prices for Miatas continue to rise, like they did with air-cooled Porsches, then this purchase might make some kind of sense. On the other hand, for the same amount one can purchase a first-gen Miata and a new MX-5 RF. Granted, the former will have lots of miles on it, but still… Even so, we have no doubt someone will scoop this up. Here’s hoping it will be driven rather than put in storage again with its owner waiting for the right moment to flip it.

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    That’s one amazing looking Miata. Still, these things should be driven and it makes me wonder what issues may arise for sitting so long. Still, whoever gets this will have one really nice looking car. I hope they take good care of it.

  • Six_Tymes

    “cuz cars are cool”


  • Well I hope someone who bought it will cherished this car and bring them to car events.

  • Bo Hanan

    $30K for a 1997? NO!
    $30K for a 1990? YES!
    I can also think of better ways to spend $30K on more car.

    • SamuraiJack

      Why get a ’90 over this one? It’s still an NA and several improvements were made over the years. I had a ’96 and it was epic. 30k is a bit much though

      • Bo Hanan

        90 model year is worth more than 97 because it was the premier year.
        Frankly, I wouldn’t spend over $4K on any miata.

  • Honda NSX-R

    What a clean Roadster.


  • Tumbi Mtika

    I’d say no.

    It looks very nice, though.

    • Honda NSX-R

      I would pay that much….
      …for a new MX-5 Miata that’s exactly specced like that.

      • Tumbi Mtika


        • Honda NSX-R


  • Evo45

    I thought NB model was on sale in 1997, but this looks good in this spec.

    • Karter Harmon-Wilkening

      1997 was the last year for the NA. The NB was introduced as a 1999 model. There wasn’t a 1998 model.

  • R55

    If I was a collector, 100% do a buy. For the average schmuck like me, I’ll stick to the sub-£2000 good nick ones.

  • Bash

    Mixed feelings in fact, and it really hurts me to say it but it’s a no.

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