1997 Mazda MX-5 Miata M-Edition Market Value & Price History
The 1997 Mazda MX-5 Miata M-Edition has a current market value of $16,829 as of Oct 13, 2026, based on 15 verified auction sales tracked by DriveIndex, with half of the verified USD sales since 2023 between $13,750 and $20,250. Based on US sales through Sep 18, 2026. 4 have sold in the past 12 months. The median sale price is up 2.3% over the past 12 months versus one to three years ago.
Data: DriveIndex. 15 verified auction sales for the 1997 Mazda MX-5 Miata M-Edition, latest sale Sep 18, 2026. Value as of Oct 13, 2026. Methodology
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The median 1997 Mazda MX-5 Miata M-Edition sold for $16,500 in 2026, against $14,400 in 2023. Each row is the median of the verified sales recorded in that calendar year, so it moves with the mix of mileages and options that came to market as well as with the market itself.
| Year | Median sale | Sales |
|---|---|---|
| 2026 | $16,500 | 4 |
| 2024 | $16,250 | 3 |
| 2023 | $14,400 | 6 |
Years with fewer than three verified USD sales are omitted — a one-sale “median” is a single car, not a market.
Recent 1997 Mazda MX-5 Miata M-Edition Auction Results
| Sold | Price | Mileage | Gearbox |
|---|---|---|---|
| Sep 18, 2026 | $19,250 | 31,300 mi | Manual |
| Jul 7, 2026 | $13,750 | 77,000 mi | — |
| Jun 25, 2026 | $11,700 | 121,500 mi | Manual |
| Jun 24, 2026 | $21,500 | 63,000 mi | — |
| Aug 22, 2025 | $16,000 | 53,600 mi | Manual |
| Jul 30, 2025 | $20,250 | 29,000 mi | Manual |
| Sep 4, 2024 | $10,750 | 129,000 mi | Manual |
| Jul 17, 2024 | $16,250 | 52,000 mi | — |
| Feb 13, 2024 | $20,500 | 73,000 mi | — |
| Dec 14, 2023 | $11,250 | 89,000 mi | Manual |
| Sep 12, 2023 | $14,000 | 60,100 mi | Manual |
| Sep 12, 2023 | $12,750 | 43,000 mi | Manual |
| Sep 6, 2023 | $26,250 | 18,000 mi | Manual |
| Mar 25, 2023 | $14,800 | 102,000 mi | Manual |
| Mar 20, 2023 | $20,250 | 16,000 mi | — |
Verified results from the world's leading collector-car auction houses and marketplaces.
All Mazda MX-5 Miata M-Edition auction results →See the full picture on the 1997 Mazda MX-5 Miata M-Edition
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Mazda MX-5 Miata M-Edition by Year
Which MX-5 Miata M-Edition year should you buy? Every year compared →1997 Mazda MX-5 Miata M-Edition: Frequently Asked Questions
How much is a 1997 Mazda MX-5 Miata M-Edition worth?
A 1997 Mazda MX-5 Miata M-Edition is worth approximately $16,829 as of Oct 13, 2026, based on 15 verified auction sales tracked by DriveIndex. Based on US sales through Sep 18, 2026. Half of all verified sales fall between $13,750 and $20,250; the full verified range is $10,750 to $26,250. Condition, mileage and options move an individual car within that band.
How much did a 1997 Mazda MX-5 Miata M-Edition cost new?
The 1997 Mazda MX-5 Miata M-Edition carried an original MSRP of $23,770. Verified examples now trade around $16,829.
How much has the 1997 Mazda MX-5 Miata M-Edition depreciated?
The 1997 Mazda MX-5 Miata M-Edition is worth about 29% less than it cost new: it carried an original MSRP of $23,770, and verified examples now trade around $16,829. That compares today's value with the sticker price, not adjusted for inflation.
How many 1997 Mazda MX-5 Miata M-Edition sell per year?
4 have sold at auction in the past 12 months. DriveIndex has tracked 15 1997 Mazda MX-5 Miata M-Edition sales in total.
Are 1997 Mazda MX-5 Miata M-Edition sale prices higher or lower than a year ago?
The median 1997 Mazda MX-5 Miata M-Edition sale price is up 2.3% over the past 12 months versus one to three years ago, based on verified auction sales. That figure tracks the median of what actually sold, so it moves with the mix of mileages and options that came to market as well as with the market itself. The full Value Signal classification (appreciating, stable, bottomed, or depreciating) and its 1–5 year projection are part of DriveIndex Pro.
Where can I buy a 1997 Mazda MX-5 Miata M-Edition?
DriveIndex tracks for-sale listings and auction results for the 1997 Mazda MX-5 Miata M-Edition from the world's leading collector-car auction houses and marketplaces.
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