Mazda MX5 Miata Cost of Ownership: Insurance, Taxes, Gas Mileage, and More!

Поділитися
Вставка
  • Опубліковано 16 лис 2019
  • Wondering how much it costs to own a Mazda MX5 Miata? In this video I cover how much Miata insurance, taxes, maintenance and aftermarket parts, fuel, and more cost! In my opinion these cars are some of the most fun cars for the money!
    Full build parts list available here: tinyurl.com/5a3ksb8k
    CashedOutCars, Cashed Out Cars, CashedOut Cars For additional content, check out www.cashedoutcars.com!
  • Авто та транспорт

КОМЕНТАРІ • 94

  • @CashedOutCars
    @CashedOutCars  4 роки тому +40

    Full build parts list available here: tinyurl.com/5a3ksb8k

    • @zoshy2403
      @zoshy2403 4 роки тому

      CashedOutCars hey what insurance company is that I need cheap insurance for mine

    • @weakn35s94
      @weakn35s94 3 роки тому +8

      @@MikeyCelestine insurance for a miata is generally really cheap. If your dad still refuses to check then go call the insurance company yourself and show the quote to your dad. Im 18 and i pay 110 usd a mo for full coverage In the Sacramento area with StateFarm. I dont have any reducers like student GPA bonus either and if you got those and go for liability only you'll end up paying like 50 max a month.

    • @cams_miata
      @cams_miata 2 роки тому

      @@MikeyCelestine sameeeeee it’s so annoying Bc he thinks there going to be stupid expensive

    • @YippingFox
      @YippingFox Рік тому +1

      2 years later from across the big pond in The Netherlands, road tax is about €30/month and all-risk insurance is €40/month.

    • @jacobminardi9231
      @jacobminardi9231 8 місяців тому

      I think I pay Progressive $170ish every 6 months for full coverage on a 91. Cost to register it was $56 I think and paid $200 for the car.

  • @ntt1713
    @ntt1713 4 роки тому +179

    who else thought he was hovering until you noticed the chair

  • @aZeddPrattFilm
    @aZeddPrattFilm 4 роки тому +51

    I paid $4500 and put $2800 into her. Though a lot of that was all paying my mechanic. If you can do it yourself go for it.

    • @VintageSaver
      @VintageSaver 2 роки тому +4

      @Manuel Salgado buy a nice one, maintenance is cheap, they are really fun to drive

    • @GhostKing6790
      @GhostKing6790 Рік тому

      ive spent that just in parts

  • @yeezus9142
    @yeezus9142 4 роки тому +43

    I bought my 1990 na with only 100k miles always garage kept no rust no cracks on dash no leaks for only $2600 it was definitely a steal

  • @filiprangus5826
    @filiprangus5826 Рік тому

    Thanks for the vid man !

  • @ezramengesha8165
    @ezramengesha8165 4 роки тому +17

    i was just looking at your channel and you got some really quality videos. keep it up and you will get big

    • @CashedOutCars
      @CashedOutCars  4 роки тому +2

      Thanks, I appreciate that. There's lots to come shortly, as well as big plans on the Miata. stay tuned!

  • @swanauto47
    @swanauto47 4 роки тому +13

    I have a 2007 bc and I’ve replaced the thermostat $325 and had oil changes done $50 and done a headlight $15 and brakes myself($240 all four pads and rotors) with the help of some friends and family. The insurance isn’t too bad, about $1400 a year but I am a newer driver being only 19 so keep that in consideration. I drive the car year round and spent 800 bucks on some winter tires and rims from tire rack so everything is easy to switch out. Also had a leak in my exhaust at and rattles at one point so I took it to an exhaust shop. That was all like $200 total. Some work done myself and some at a dealer

    • @CashedOutCars
      @CashedOutCars  4 роки тому +2

      The NCs and NDs are definitely different animals than the NA and NB cars. Thanks for the comment, it’ll help people out who want a newer Miata!

  • @eddieconfetti3497
    @eddieconfetti3497 3 роки тому

    Awesome I love these cars!!!

  • @josephcurran9005
    @josephcurran9005 3 роки тому +1

    Hi all. Nice motor. I’ve just bought a 1991 mx5 in the much sought after blue colour. FYI the blue colour is exactly the same as the motorway signs in the uk, USA and here in Ireland. I had an identical one years ago and always regretted selling it. So here we are in my mid life crisis ( a young 51 years young!), ready to roll again.
    The classic car insurance for my wife and I totals €201 per year limited to 5000 miles.
    The vintage road tax here in Ireland is €56 per year.
    Love the mark 1 and I guarantee that this one I will never sell!
    Happy motoring guys and stay safe.

  • @Smyrksxxx
    @Smyrksxxx 3 роки тому +11

    FML the NA Miata is like three times the price of the NB where I live :))))

    • @CashedOutCars
      @CashedOutCars  3 роки тому +1

      It's getting like that here in the US too now, I'm ready for an NB :)

  • @osalcedoucmsae
    @osalcedoucmsae 4 роки тому +48

    Looking to get one soon however the only $1,000 Miata I found has a blow engine lol

    • @CashedOutCars
      @CashedOutCars  4 роки тому +9

      Price honestly depends a lot on luck! Rarely do cars come up for around $1000 nearly any more!

    • @erickmoya9922
      @erickmoya9922 2 роки тому

      zxx

    • @YooEdi
      @YooEdi 2 роки тому +1

      @@CashedOutCars this aged well 😀

    • @CashedOutCars
      @CashedOutCars  2 роки тому

      You’re still finding $1000 Miatas?👀

  • @Reds818
    @Reds818 4 роки тому +12

    I live in ca so is like playing for a new miata

    • @CashedOutCars
      @CashedOutCars  4 роки тому +1

      Still probably well worth it, theyre great cars!

    • @Reds818
      @Reds818 4 роки тому

      @@CashedOutCars but the best part is that there is an variety of miatas here

  • @raulduke6105
    @raulduke6105 3 роки тому +3

    A CHAIR?😳😢😞very helpful video

  • @austinclement7934
    @austinclement7934 Рік тому +1

    Geez these costs are so low compared to today.

  • @francescobianco7464
    @francescobianco7464 4 роки тому +6

    Oh hey! I have an NB miata, I live in italy and it's my daily. My car was 1400 euros (in decent condition with 245k km, a super deal because miatas starts above 2k), I pay 250 euros for the "bollo" (a tax that we pay on every car/bike we own and depends on the power of the veichle), 500 euros for insurance (12 months), nearly 200 euros for summer tires, 50 euros for spark plugs lead, 20 euros for spark plugs, 20 euros for poly V belts, nearly 50 euros every 10k km for the service (oil, oil filter and air filter), more or less 200 euros for gas every month (1000 km minimum). I don't want to include mods because I would start to be sick 😂.. Italy is one of the worst country to be a petrohead and car mantenience cost is just the top of the mountain. I'm planning to move in a country where owning cars and bike is cheaper and more "user friendly". Cheers!!

  • @brian3166
    @brian3166 2 роки тому

    going to look at a 1993 with 55k miles tomorrow can’t wait

  • @benmarley3086
    @benmarley3086 Рік тому

    You should mention the 1994-98 NA models are equipped with more safety features. The 1989-1993 models can be more expensive to insure because of this.

    • @CashedOutCars
      @CashedOutCars  Рік тому +1

      That’s an interesting point about insurance that I didn’t consider, thanks!

  • @21April853BC
    @21April853BC 2 роки тому

    Hi, I have a 91”. Yours is super nice. What is your wheel set up?

    • @CashedOutCars
      @CashedOutCars  2 роки тому

      Thanks! This set was 195/60R14 Falken 615Ks on 14x6 wheels

  • @LaidBackLora
    @LaidBackLora 4 роки тому +1

    I put in 5000.00 on my 03 VW Beetle and was able able to drive it 3 months! Now has a blown head gasket and crack

    • @MarkOfA
      @MarkOfA 4 роки тому

      Sucks bro I know how you feel. Put about $1000 into my e46 and my stupid ass drove it through a flood. Now I think my engine’s toast

  • @TheLordPeace
    @TheLordPeace Рік тому

    why is it so little if its a sports car and a coverable, does that not make the insurance more?

  • @finket
    @finket 4 роки тому +4

    I live in Europe, I'm 18 and insurance would be 2k (doesn't protect my car if I crash it as well)

    • @CashedOutCars
      @CashedOutCars  4 роки тому +1

      Wow that’s steep. Maybe wait a bit to see if the price will go down as you get older, I’m sure it will!

    • @finket
      @finket 4 роки тому +2

      @@CashedOutCars Yeah it's a bit sad because I've driven since I was 16 but in my current country the legal driving age is 18. You have to be about 24 for prices to really go down here.

  • @longjonhothan6963
    @longjonhothan6963 3 роки тому +2

    Lol in the UK I pay £250 tax a year on my NB and costs me £1100 to insure at 22

    • @ericsson_motorsports
      @ericsson_motorsports 3 роки тому +1

      It's really that much? Me and my dad looked up insurance for an MX-5 in my dad's name and it was about 200£ for a full year. I haven't looked it up in my name though. I live in Sweden so prices will probably be different. Also over here we don't pay taxes on cars that are older than 30 years old and the early NA MX-5's are that old now

  • @libindevadas2335
    @libindevadas2335 3 роки тому +1

    I want to own one of these but idk how to drive a manual car, are the miatas good for learning manual for people who don’t know?

    • @CashedOutCars
      @CashedOutCars  3 роки тому

      They’re a great car to learn in since it’s not suuuuper easy like a lot of new stuff (VWs, etc) but isn’t super difficult either. I’ve taught a few people to drive stick in mine

  • @TpdriverGaming
    @TpdriverGaming 3 роки тому +1

    what tires do you have? and what rims do you have?

    • @CashedOutCars
      @CashedOutCars  3 роки тому

      Falken Azenis 615ks 195/60/R14 on 6.5" old TSW wheels

  • @ruffryder135
    @ruffryder135 2 роки тому +1

    I’m looking at a 91 5 speed with 1 owner clean title and car is in immaculate condition with 29,000 original miles on body and motor for 12,500 and I truly have no idea is that’s a good deal or not.

    • @CashedOutCars
      @CashedOutCars  2 роки тому +1

      The market is crazy right now, if it’s worth it to you to have low mileage and perfect condition then it may be a good deal for you. To me, a Miata is a Miata and can be modified and restored to do what I like, almost regardless of mileage

  • @MikePlacer
    @MikePlacer 3 роки тому

    I bought a Lexus thinking I was doing something smart and I put almost 3k in one month on repairs I need to sell it and get what I can and by one of these my galant gave me far less issues living in regret everyday :(

    • @CashedOutCars
      @CashedOutCars  3 роки тому +1

      That’s always too bad when that happens :( miatas certainly are inexpensive to repair and quite reliable. Good luck!

  • @gxngis6964
    @gxngis6964 3 роки тому

    Is this a good car for beginner drivers? I am in NY so insurance tends to be really high but I’m really in love with this car.

    • @CashedOutCars
      @CashedOutCars  3 роки тому +2

      They are, I plan on making a video on it once I get my car out for the season. They have some downsides as a beginner car, but they're excellent. Stay tuned!

  • @NatiiixLP
    @NatiiixLP 3 роки тому +5

    wow, looks like this stuff is far cheaper in the US than in Europe because my initial investment is already greater than your 4-year costs and it's not like mine's in a great shape or anything

    • @CashedOutCars
      @CashedOutCars  3 роки тому +2

      What’s significantly more expensive over there for ownership? I know hard tops are way cheaper, I’m jealous of those prices!

    • @AnthonyTrifoglio
      @AnthonyTrifoglio 3 роки тому +1

      They've skyrocketed in price since the video was made a year ago

    • @CashedOutCars
      @CashedOutCars  3 роки тому +1

      Yeah they have, the whole used car market has

  • @nicjacobs2485
    @nicjacobs2485 4 роки тому +1

    When are u gonna install that racing beat header?

    • @CashedOutCars
      @CashedOutCars  4 роки тому

      Soon! It’ll be a winter break project after the car is off the road for the year, I’m excited for it!

    • @nicjacobs2485
      @nicjacobs2485 4 роки тому

      Sick

  • @ishaanbansal9153
    @ishaanbansal9153 3 роки тому +1

    How many miles do you have on the car. Is it worth buying one of these with 150,000+ miles on it

    • @CashedOutCars
      @CashedOutCars  3 роки тому

      216k, now with a turbo kit on it! Yeah it’s worth it, as long as the oil is changed and some degree of care was put in they last a very long time

  • @lumbologo2497
    @lumbologo2497 3 роки тому +1

    What brake kit did you get that was about $100? every kit I've seen is around $200

    • @CashedOutCars
      @CashedOutCars  3 роки тому

      It was an ebay kit, keep in mind that most parts stores brakes also are cheaper and come from china. Do your research and you can get decent kits (if nothing else rotors) for a pretty low price. Good luck!

    • @lumbologo2497
      @lumbologo2497 3 роки тому

      @@CashedOutCars Thank you

  • @victorb4987
    @victorb4987 3 роки тому

    180,000 miles on a Miata for 3,600 clean title and no mods in the engine... is it worth it ?? It’s clean yk

  • @nickgibbs6891
    @nickgibbs6891 4 роки тому

    could've brought ur mic closer bro

    • @CashedOutCars
      @CashedOutCars  4 роки тому

      You’re right, I’ve got a different mic ive been using on my recent videos

  • @xdprv
    @xdprv 2 роки тому

    where can you buy these ?

    • @CashedOutCars
      @CashedOutCars  2 роки тому +1

      Miatas, or the parts on mine?

    • @xdprv
      @xdprv 2 роки тому

      @@CashedOutCars the miatas

  • @williamblackburn6947
    @williamblackburn6947 4 роки тому +3

    I'm a 16 year old boy and i've totaled a car before. I don't think my insurance is gonna be the same as yours. :)

    • @CashedOutCars
      @CashedOutCars  4 роки тому

      Most likely not, it’ll go down with time though!

    • @syedali9179
      @syedali9179 4 роки тому

      Wow what happened?

  • @rachelscott4682
    @rachelscott4682 3 роки тому +2

    I could barely see the chair it looks like you’re floating

  • @hunterwright386
    @hunterwright386 3 роки тому

    How bout insurance for a 15 yo male?

    • @CashedOutCars
      @CashedOutCars  3 роки тому

      Likely quite expensive, I'm not sure how to get insurance under 16 here in the US either

  • @Daniel-pc2ov
    @Daniel-pc2ov 2 роки тому

    $2.50 a gallon... the old days...

    • @CashedOutCars
      @CashedOutCars  2 роки тому

      Miss those days, at one point 93 was 1.99 near me!

  • @roddydykes7053
    @roddydykes7053 Рік тому

    If you can’t afford to run a Miata there’s maybe no other cars you could afford

  • @aa-tx7th
    @aa-tx7th Рік тому

    if you have to keep saying "like i said" over and over and over again youre bad at script writing