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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
All454£15,959834,692972
Aberdeen City8£27,45901,6755
Aberdeenshire2£16,495843,2801
Ards1£9,7301379,1923
Bedfordshire17£7,2171748,27816
Belfast1£17,995437,5002
Berkshire27£11,5471147,64737
Bristol4£14,921936,45519
Buckinghamshire8£16,821930,40124
Cambridgeshire12£14,565946,10716
Carmarthenshire1£17,990517,000-
Cheshire18£15,2931136,85543
City of Edinburgh4£19,769527,93614
Cornwall3£19,827518,0028
County Durham10£17,263625,03713
Croydon - Greater London2£18,945524,6881
Cumbria3£21,533826,7266
Derbyshire12£14,0031037,98822
Devon12£14,606943,84618
Dorset7£22,539411,46619
Dumfries and Galloway1£28,99801,844-
Dundee City2£25,54324,8933
Dungannon1£16,990530,0302
Ealing - Greater London1£5,4951582,0001
East Lothian3£8,0471367,487-
East Riding of Yorkshire1£20,00058,7881
East Sussex2£9,8231352,7801
Enfield - Greater London2£9,4751267,8531
Essex17£15,088933,59150
Falkirk3£21,890210,1873
Fife3£13,5391641,6177
Glasgow City11£22,902310,9598
Gloucestershire5£18,510618,74814
Greater Manchester15£14,6491236,10139
Hampshire19£18,031732,72544
Havering - Greater London1£13,3791034,320-
Hertfordshire16£13,5161243,37725
Highland4£19,37347,6126
Hillingdon - Greater London1£8,6901085,3003
Isle of Wight3£9,8961473,4701
Kent26£11,5031236,88839
Lancashire4£14,3211035,06230
Leicestershire6£9,3171355,08112
Lincolnshire9£15,652837,42624
Lisburn3£18,944422,3333
Magherafelt2£12,2951029,023-
Merseyside5£16,994725,80210
Newtownabbey7£24,10539,06110
Norfolk4£14,3211038,37513
North Lanarkshire1£11,8401050,954-
North Yorkshire6£19,314624,21318
Northamptonshire3£10,16012102,34412
Nottinghamshire4£11,8131051,03519
Oxfordshire5£13,286956,9587
Perth and Kinross1£23,79514,1342
Renfrewshire1£11,2991231,2954
Rhondda Cynon Taf1£11,9901052,589-
Richmond upon Thames - Greater London2£23,99525,6254
Shropshire7£18,681625,9008
Somerset14£21,768414,19133
South Ayrshire3£23,69511,0794
South Yorkshire5£16,634825,87023
Staffordshire6£20,610514,85419
Stirling4£23,62317,7649
Suffolk2£18,468718,7509
Surrey9£13,447828,66528
Tyne and Wear2£15,862921,53715
Warwickshire1£4,8001596,5805
West Lothian1£8,4951519,000-
West Midlands17£13,2441046,15451
West Sussex6£10,9041160,11618
West Yorkshire15£12,7141138,92331
Wiltshire4£19,022626,23921
Worcestershire5£15,748934,95215
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