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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.

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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
All563£16,338831,691920
Aberdeenshire23£24,83214,6154
Angus1£20,99138,5393
Ayrshire2£25,89711,5248
Bedfordshire16£6,9011752,43213
Berkshire20£14,721939,16530
Borders1£13,9951019,800-
Bristol7£14,161942,36110
Buckinghamshire12£15,0691032,51517
Cambridgeshire11£12,2491144,80818
Cardiff4£10,7321251,9529
Cheshire18£12,4561245,95032
Conwy1£11,9951141,000-
Cornwall2£17,750823,3508
County Antrim9£22,446415,38913
County Down5£14,268831,80810
County Durham10£18,098619,55216
County Londonderry2£12,2951029,0231
County Tyrone1£17,995719,5005
Cumbria2£15,723926,1347
Derbyshire13£12,6821037,79421
Devon11£12,6651148,17418
Dorset8£19,506516,26423
Dumfries & Galloway1£28,49801,844-
East Lothian1£5,49512128,6902
East Riding of Yorkshire1£22,79513,4104
East Sussex5£6,6971670,4904
Essex21£16,110831,97635
Falkirk4£22,16527,790-
Fife7£16,7551128,8356
Gloucestershire4£17,442731,45414
Greater London13£16,009932,44021
Greater Manchester17£16,373927,43128
Hampshire25£14,919938,82642
Hertfordshire15£13,1701243,04326
Highland4£20,24937,5424
Isle of Wight3£8,8301474,6952
Kent28£12,1731236,64739
Lanarkshire12£20,356310,98710
Lancashire10£15,082938,92029
Leicestershire7£12,6741047,55314
Lincolnshire9£12,347949,68514
Merseyside6£13,7031133,97218
Midlothian4£14,756839,15211
Monmouthshire1£22,000415,4342
Newport1£26,99502,5007
Norfolk8£16,503936,80514
North Yorkshire4£17,983622,90115
Northamptonshire9£12,3591058,50611
Nottinghamshire12£14,903936,36115
Oxfordshire5£12,943947,1629
Perth & Kinross1£22,89514,1343
Rhondda Cynon Taf1£24,997214,1211
Shropshire7£14,081935,4647
Somerset9£19,789517,68919
South Yorkshire9£14,900937,30011
Staffordshire5£21,827415,50519
Stirling9£24,16512,7844
Suffolk3£14,584728,4359
Surrey17£12,1251042,08123
Swansea5£19,906625,6117
Tyne and Wear2£23,44922,81513
Warwickshire14£16,546834,60114
West Lothian2£10,4951346,3751
West Midlands19£13,104944,92241
West Sussex11£14,322843,73920
West Yorkshire20£13,1841136,32426
Wiltshire8£17,760529,34722
Worcestershire5£15,1421037,03618
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