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The Mazda Miata has long been hailed as a sports car icon, offering a thrilling driving experience and timeless design. However, with the current automotive market experiencing supply chain challenges and high demand, some dealerships are capitalizing on the situation by selling the Miata above its Manufacturer’s Suggested Retail Price (MSRP). So naturally, this raises the question: Is it worth paying over MSRP for a 2023 Mazda MX-5 Miata?

What is MSRP on a 2023 Mazda MX-5 Miata?

A red 2023 Mazda MX-5 Miata parked in the desert
2023 Mazda MX-5 Miata | Mazda

When evaluating whether it’s worth paying over MSRP for a Miata, it’s essential to consider the competition. The Miata’s closest rival is the Fiat 124 Spider, which shares the same platform but has its own unique style. However, the Miata’s reputation for reliability, better resale value, and a more extensive network of service centers give it an edge over the Fiat. In addition, the 2023 Mazda MX-5 Miata’s timeless design and iconic status make it a sought-after sports car.

Now, let’s delve into the question of paying over MSRP. In a normal market scenario, the MSRP represents the suggested price set by the manufacturer. In most cases, dealerships often offer discounts or incentives to attract buyers. Consider reaching out to multiple dealerships to compare prices and availability. Another option is to wait until the market stabilizes and supply chain challenges are resolved. Patience can sometimes reward you with a better deal and more favorable buying conditions.

Why is the MX-5 so good?

A 2023 Mazda Miata engine bay shot from the drivers side of the car
2023 Mazda MX-5 Miata | Mazda

To answer this question, we must consider several factors, including the Miata’s features, competition, and the potential impact on budget. The 2023 Mazda MX-5 Miata boasts a range of enhancements that make it even more enticing than its predecessors. In addition, its lightweight design, precise handling, and balanced chassis provide an exhilarating driving experience.

The Miata’s convertible top allows you to enjoy open-air motoring, and its compact dimensions make it agile and easy to maneuver. The Miata strikes an outstanding balance between performance and practicality with a responsive engine and excellent fuel efficiency.

What engine is in the 2023 Mazda MX-5 Miata?

A red 2023 Mazda MX-5 Miata driving on a two lane road
2023 Mazda MX-5 Miata | Mazda

The 2023 Mazda MX-5 Miata features a 2.0-liter four-cylinder engine, delivering 181 horsepower and 151 lb-ft of torque. Paired with a smooth-shifting six-speed manual transmission, it offers precise control and a direct connection to the road. An optional six-speed automatic transmission is also available.

With an eager-revving engine, the Miata can accelerate from 0 to 60 mph in around 5.7 seconds, highlighting its impressive speed. Its lightweight design and well-tuned chassis contribute to exceptional handling, making it a joy to drive on twisty roads and through corners. Furthermore, with rear-wheel drive, the Miata provides a balanced and responsive driving experience, allowing confident navigation of tight turns with precision and control.

Should you overpay for a Mazda MX-5 Miata?

Whether paying over MSRP for a Mazda MX-5 Miata is worth it depends on your preferences, budget, and willingness to pay a premium for an in-demand sports car. While the Miata offers an exhilarating driving experience and timeless appeal, it’s essential to carefully consider the financial implications of paying over the suggested retail price. However, with careful research, patience, and negotiation skills, securing a Miata at a more reasonable price is possible.

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