This 1990 Mazda MX-5 Miata sold for $12,700, which is a deal; it went for 15% below fair market value.

Why does this specific Miata matter? It's from the NA generation, known for its lightweight and engaging driving experience. With only 26,500 miles, this example is a prime pick for anyone wanting a fun convertible without the clutter of aftermarket mods. The 1.6L I4 engine paired with a 5-speed manual transmission keeps the driving experience pure and exhilarating. Plus, it retains its original features, like pop-up headlights and a manual soft top, which are big draws for collectors who value authenticity.

The price tag of $12,700 feels like a win, especially when you consider the bidding war that led to 39 bids. Enthusiasts were clearly interested, but it still ended up selling significantly below the estimated fair value of $15,000. Given the low mileage and unmodified state, this price is not just fair; it's a steal for anyone looking to enjoy a piece of automotive history.

The community response reflects the excitement around this sale. One commenter summed it up perfectly: “Most fun to drive car I have ever owned and I have owned cars that do 0-60 in 3 seconds.” That sentiment captures why these cars are so coveted. They deliver driving joy that can’t always be measured by speed alone.

If you're on the hunt for a similar Miata, keep an eye on the overall condition beyond the mileage. Look for signs of wear, especially in the soft top and cosmetic details like chips and scratches. These elements can significantly affect both enjoyment and resale value. Overall, this auction shows that well-maintained, low-mileage examples are still out there, just waiting for the right buyer.

See all Mazda NA Miata listings on [Friday's Watchlist](https://fridayswatchlist.com/search?make=Mazda&model=NA%20Miata).