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miatas lose value so fast

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Old 06-28-2004 | 10:52 AM
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Default miatas lose value so fast

is that b/c mazda makes too many miatas? dealers still have brand new 03s sitting on the lots, and selling for $8.5k off MSRP. that's 1/3 off on a new car??????? even 04s have incentives and rebates up the wazoo.
Old 06-28-2004 | 11:38 AM
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$8.5K off???? I would think that would be a serious loss...what does that make the price?
Old 06-28-2004 | 02:17 PM
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Originally posted by ProV1
is that b/c mazda makes too many miatas?
Nah, it's because it's a Ford product.
Old 06-28-2004 | 02:20 PM
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Ford it is.
Old 06-28-2004 | 02:20 PM
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that is true.
Old 06-28-2004 | 03:07 PM
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The Miata is still a great car and a heck of a lot of fun to drive. Sure the S2000 is better but without the Miata to show Honda the way I seriously doubt Honda would have built it.

There are just too many fun cars in the Miata's general price point for them to continue to sell like they used to.
Old 06-28-2004 | 03:11 PM
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I had a deal on an 03 Miata for $6,000 off sticker and retail for my trade. But for the same price I got my S2000.
Old 06-28-2004 | 03:20 PM
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there are over 650,000 miatas out there, they are cheap and plentiful. they are a great car for the money but for the price point there is alot of competition now, so they are discounted, and have been for years. i was able to get my loaded 2001 brand new, color of choice, ls, abs, sport suspension, and 6 speed for 22,000 whereas the sticker was 26plus...that was mid model year.

when i went to sell it at 25,000 miles i only got a bag of beans for it! luckily they were magic beans and it turned into a S2000!
Old 06-28-2004 | 04:47 PM
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Sales are slowing down as this generation reaches the end of its cycle. The 3rd gen isn't terribly far off now. Sales dropped off a lot for the 1st gen as it reached its end of life (1996-7).
Good deals can be had new, and as a added benefit, its driving down used car prices. Good if you're in the market (like me).

And it isn't a Ford. Designed and built in Hiroshima.
Old 06-29-2004 | 05:08 PM
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Every Mazda made has crappy resale. So do Mitsubishis and Nissans. They are not bad cars, but it is better to wait a year and buy a used one, otherwise you will be pissing away your down payment.


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