Best used Mazda MX-5 PCP finance deals

The Mazda MX-5 proves that sports cars don't have to be expensive, but if you want the most car for your money, you can't beat going used

Chris Rosamond
Nov 8, 2021

For more than 30 years, the Mazda MX-5 has offered a chance for drivers to experience a thrilling two-seater sports car at an affordable price. Now in its fourth generation, the MX-5 remains one of the more unique and exciting cars to drive for less than £20,000. There aren't many alternatives at that price that offer rear-wheel drive, convertible sports car fun.

It's often been said that winter is the best time to buy a convertible or sports car - as there's less competition from other buyers - and while that may still be true, there’s never a bad time to pick up a deal on the latest Mazda sports car. The MX-5 is more refined than ever, and just as usable in the winter months thanks to its snug fabric roof or metal top - depending which version you go for - and cosy cabin with a powerful heater that makes enjoying glorious winter sunshine with the roof down a pleasure.

If it's no-compromise driving enjoyment that you're after, we question whether you would ever need anything else. The Mazda MX-5 is small, light and nimble, but still comfortable and well equipped inside. It sounds great, too, regardless of which engine you choose, and there's even some usable space in the boot if you and a passenger do want to head off for a weekend away.

You can skip to our great value deals if you want to get straight down to business and we’ll show you how to get behind the wheel of the latest shape Mazda MX-5 from under £300* per month on Personal Contract Purchase finance, or from around £15,000 if you’re a cash buyer. But first we'll tell you a little more about this latest version of the MX-5.

There have been four generations of the Mazda MX-5 to date, and the current model launched in 2015 is arguably the most appealing, thanks to its taut but curvy shape, lots of power for the weight of the car and high equipment levels. It arrived with two engine options, a 1.5-litre 131hp petrol unit or a 160hp 2.0-litre petrol, and the range also benefited from the addition of a new MX-F RF version in 2017.

The RF stands for ‘Retractable Fastback' and this features a folding hard top for greater refinement when driving at speed with the roof up. When the roof is in place it gives the little Mazda a cosy coupe feel. Dropping the RF’s top leaves the sloping metal pillars behind you and rear screen in place, so it’s a bit like driving a car with an enormous full-width sunroof. You get the open-air thrills, but less of the buffeting, while you also feel less exposed and more secure.

When new, the RF model is around £2,000 more expensive than the convertible which has a manually-operated folding fabric roof. Both versions are popular but the convertible out-sells the RF by around 25%, which translates to a bit more choice on the used market. That said, we have plenty of examples of both variants on BuyaCar, so you can simply choose the one you prefer and there should still be more than enough choice.

The MX-5 has seen various rivals come and go over its long life, including the Fiat 124 Spider, which shares the platform it's built around with the Mazda, though they have different engines. Aside from the Fiat, for similar money your wind-in-the-hair options are limited. You might want to consider more expensive cars like the Audi TT, Porsche Boxster or BMW Z4 on the one hand, or cheaper but less sporty options like the Mini Convertible, Citroen DS3 or Fiat 500 cabrios on the other.

Mazda MX-5 deals

The on-the-road price for a brand new Mazda MX-5 roadster in SE-L trim - the current entry-level grade - is a shade over £24,000 with the 132hp engine. The most expensive MX-5 GT Sport Tech trim level which comes with a beefier 184hp engine works out at more than £30,000. If you want the RF ‘coupe’ version you’ll need to add around £2,000.

Here at BuyaCar our Mazda MX-5 deals mean you can save thousands on a nearly new example with less than 50 miles on the clock. That means you could get a practically new 'pre-registered' GT Sport Nav RF for less than £28,000 - a £4,000 saving.

Pick a 2019 car, and the prices drop down to less than £22,000 for a similar spec MX-5 convertible with less than 10,000 miles on the clock. If you want to cut the price down to an even more affordable £12,000, then check out our deals on 2016 cars. That’s amazing value for a car that looks almost the same as brand new models, and every bit as much fun to run.

Mazda MX-5 SE deals (including SE-L Nav and SE-L Nav+)

When the fourth generation MX-5 was introduced in 2015 it came in three different trim levels, starting with the basic SE, rising to the SE-L, SE-L Nav, to Sport and Sport Nav trims.

The SE trim is far from basic, and includes 16-inch alloy wheels, LED headlights and air-conditioning, but you have to pick an SE-L grade car if you want heated seats, cruise control and climate control.

SE-L also includes a 'limited-slip differential' if you pick the 2.0-litre engine, which improves grip when cornering at speed. The SE-L Nav option does what it says on the tin, adding a seven-inch display screen and sat-nav functionality.

The latest SE-L grade includes Android Auto and Apple CarPlay connectivity and sat-nav is standard, so the SE-L Nav grade has been dropped.

Mazda MX-5 SE
Used Mazda MX-5 SE

BuyaCar prices from £11,613
Monthly finance from £0*

Mazda MX-5 Sport deals (including Sport Nav, Sport Nav+ and Sport Tech)

The MX-5 Sport trim adds important creature comforts such as automatic headlights, automatic wipers, a lane-departure warning system and cross-traffic alerts, which warn you about approaching traffic in your blind spots. This trim level has been tweaked over the years, with some previously optional extras becoming standard in later models.

The latest Sport models feature leather seats, a more powerful Bose sound system with nine speakers, city braking assistance and traffic sign recognition. Sport Tech models add sports suspension with the limited-slip differential, plus adaptive headlights, which swivel as you turn the wheel, plus a reversing camera and blind-spot monitoring.

Mazda MX-5 Sport
Used Mazda MX-5 Sport

BuyaCar prices from £13,000
Monthly finance from £0*

Mazda MX-5 GT Sport Tech deals (including GT Sport Nav and GT Sport Nav+)

The GT Sport Tech trim level is the fanciest spec you can choose for your MX-5, and features a different set of alloys wheels - 17-inch BBS ones in this case - piano black door mirrors, and a light stone coloured Nappa leather interior. RF models also get a contrasting black roof.

Used Mazda MX-5 GT Sport Tech

BuyaCar prices Limited stock

*Representative PCP finance - Ford Fiesta:

48 monthly payments of £192
Deposit: £0
Mileage limit: 8,000 per year
Optional final payment to buy car: £2,923
Total amount payable to buy car: £11,926
Total cost of credit: £2,426
Amount borrowed: £9,500
APR: 9.9%

BuyaCar is a credit broker, not a lender. Our rates start from 6.9% APR. The rate you are offered will depend on your individual circumstances.


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