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Used Mazda MX-5 on Finance

Rates from 9.9% APR. A Representative HP Example: borrowing £10,000 over 60 Months with a representative of 16.35% APR, an annual interest rate of 16.35% (fixed) and a deposit of £0.00, the amount payable would be 59 repayments of £239.16 per month, with one final repayment of £249.16 (which includes the option to purchase fee of £10.00), with a total cost of credit of £4,349.41 and a total amount payable of £14,359.41.

Rates from 9.9% APR. A Representative HP Example: borrowing £10,000 over 60 Months with a representative of 16.35% APR, an annual interest rate of 16.35% (fixed) and a deposit of £0.00, the amount payable would be 59 repayments of £239.16 per month, with one final repayment of £249.16 (which includes the option to purchase fee of £10.00), with a total cost of credit of £4,349.41 and a total amount payable of £14,359.41.

Getting a Mazda MX-5 on finance

  1. Finance Options:

    • Personal Contract Purchase (PCP): This is a popular option where you pay a deposit, followed by monthly instalments. At the end of the contract, you can either pay a final lump sum (Guaranteed Future Value) to own the car, hand the car back with no additional fees (assuming it's in good condition and within the agreed mileage limits), or trade it in for a new model.
    • Hire Purchase (HP): You pay a deposit, followed by monthly instalments that cover the full value of the car. At the end of the agreement, you own the car outright.
    • Personal Loan: You can take out a personal loan from a bank or other lending institution, use it to buy the car, and then pay back the loan in monthly instalments.
    • Lease/Contract Hire: You essentially rent the car for a fixed period and then return it at the end of the term. This can be beneficial if you like driving a new car every few years.
  2. Deposits and Monthly Payments: The amount of deposit you're required to pay and the monthly payments will depend on the finance deal, the price of the car, your credit rating, and other variables. Special promotions or deals might occasionally be available, especially if you're financing through a Mazda dealer.

  3. Interest Rates: These can vary based on the finance company, your credit rating, and broader economic factors. It's worth shopping around and perhaps consulting with a car finance broker to get the best rate.

  4. Insurance: Remember, when you finance a car, it's typically a requirement to have fully comprehensive car insurance. This can affect your monthly motoring costs.

  5. Mileage Restrictions: Especially with PCP deals, be aware of mileage restrictions. Exceeding the agreed mileage can lead to penalties when the agreement ends.

  6. Resale Value: The Mazda MX-5 generally has a good resale value in the UK, which can lead to favorable Guaranteed Future Values on PCP deals, thus potentially reducing monthly payments.

  7. End of Agreement Options: Especially if you're on a PCP deal, consider what you might want to do at the end of the agreement. Whether it's purchasing the car, moving into a new deal, or returning the car, plan ahead.

  8. Other Costs: Don't forget to account for other costs associated with owning a car, like road tax, MOT after the car is three years old, and any maintenance not covered by the warranty.

  9. Credit Score: Your credit score will influence the interest rate you're offered and whether you're approved for finance. It's worth checking your score before applying and possibly improving it if needed.

When considering car finance, always read the agreement carefully, understand all the terms, and shop around for the best deal. Remember that a car is a depreciating asset, so consider the total cost of financing before committing.

About the Mazda MX-5

The Mazda MX-5, often dubbed as the world's best-selling two-seater sports car, stands as an embodiment of Mazda's philosophy of crafting vehicles that bring joy to their drivers. Its combination of stylish design, unmatched driving dynamics, and affordability has cemented its place as a favorite among car enthusiasts worldwide.

Features and Specifications:

  • Pure Driving Joy: The MX-5 is built on the ethos of Jinba Ittai, a Japanese phrase that signifies the unity of horse and rider. This car is all about the bond between the vehicle and its driver. Its lightweight construction and balanced weight distribution offer nimble handling and a truly engaging driving experience.

  • Timeless Aesthetics: Over its generations, the MX-5 has maintained its iconic roadster silhouette. It balances classic sports car elements with modern design cues, resulting in a look that's both timeless and contemporary.

  • Cutting-Edge Technology: Beneath its classic exterior lies a suite of modern technologies. Features such as the MZD Connect infotainment system, advanced safety systems, and premium audio ensure that drivers and passengers have a comfortable and connected journey.

  • Convertible Pleasure: One of the defining features of the MX-5 is its convertible top, allowing drivers to immerse themselves fully in the open-air driving experience, whether it's soaking up the sun or stargazing at night.

Concluding Thoughts:

The Mazda MX-5 isn't just a car; it's an experience, a statement, a journey. It has consistently delivered on its promise of open-air joy, exhilarating performance, and sheer driving pleasure. With diverse financing options, this iconic roadster is within reach for those who dream of an unparalleled driving experience.

Buying Guide

Want to find out everything about all MX-5 models, pros and cons, what to look out for and everything else you need to know? Check out our Mazda MX-5 buying guide here.

Mazda MX-5 Data by County

Mazda MX-5 data for the amount in stock, average price, age and mileage throughout the UK and by county.

CountyStockAvg PriceAvg AgeAvg MileageRecent Sales
All505£15,812833,563968
Aberdeen City9£27,4630612
Aberdeenshire2£14,495842,025-
Ards1£13,940768,6111
Armagh1£4,9951975,000-
Bedfordshire11£7,2831753,63618
Belfast2£22,334522,2533
Berkshire32£11,5551150,52224
Bexley - Greater London3£30,492422,5101
Bristol6£13,5931034,11416
Bromley - Greater London1-15,7007
Buckinghamshire11£18,795832,71333
Cambridgeshire9£16,181833,68822
Carrickfergus1£6,9501539,0001
Cheshire27£15,957933,99650
City of Edinburgh3£24,982211,6819
Cornwall7£20,861520,1338
County Durham5£17,488625,15010
Cumbria3£24,365617,2333
Derbyshire12£16,628730,60423
Devon11£13,0381039,76519
Dorset3£15,9951235,68520
Dundee City4£18,369618,1852
Dungannon1£7,9951743,7251
East Ayrshire1£10,992944,0571
East Lothian1£5,75012128,690-
East Sussex1£10,4991072,1761
Essex22£19,192725,95253
Falkirk2£20,490414,5036
Fife2£17,497815,0009
Glasgow City4£25,74835,27913
Gloucestershire7£19,316622,39910
Greater Manchester14£16,891929,83642
Hampshire14£19,005723,45341
Herefordshire1£14,1951028,5982
Hertfordshire7£16,754736,04920
Highland8£22,24846,6974
Hillingdon - Greater London1£9,9901634,0004
Isle of Wight1£4,6951898,0001
Kent26£11,5361340,59531
Lancashire9£17,718722,28033
Leicestershire7£12,7781048,74110
Lincolnshire12£14,1801042,80624
Lisburn4£17,233630,0243
Magherafelt2£12,2951029,0231
Merseyside8£14,092941,6046
Moray1£7,9951458,065-
Newtownabbey12£23,81839,5488
Norfolk2£11,7771428,51811
North Down1£19,750424,2981
North Yorkshire11£16,847826,87419
Northamptonshire10£14,215953,29214
Nottinghamshire6£14,9211037,23026
Omagh1£16,995722,4002
Oxfordshire2£8,8981285,3205
Perth and Kinross2£16,395716,4785
Renfrewshire1£26,9980711
Richmond upon Thames - Greater London1£13,4951030,4167
Shropshire7£19,441722,7655
Somerset20£18,461625,14141
South Ayrshire5£23,29527,3816
South Yorkshire8£15,432936,15126
Staffordshire5£21,724524,71117
Stirling3£26,165087
Suffolk5£15,125844,8347
Surrey11£15,408723,48017
Tyne and Wear6£19,662520,57111
Warwickshire1£6,4951673,0005
West Lothian1£8,9951519,0001
West Midlands30£18,928621,93042
West Sussex7£15,683933,25815
West Yorkshire13£9,4261453,04334
Wiltshire7£18,734622,44021
Worcestershire7£12,3681134,22116
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