The 1991 Mazda MX-5 Miata Special Edition sold for $7,300, and that’s a deal at 45% below fair value.

This particular Miata is a noteworthy find for anyone who appreciates a classic roadster. With just 43,700 miles on the clock, it’s got the low mileage buyers crave. The 1.6L I4 engine paired with a 5-speed manual transmission is the sweet spot for driving enthusiasts who enjoy a spirited ride. Plus, being a limited edition in British Racing Green with tan leather interior adds a touch of exclusivity. The modifications, including aftermarket shocks and springs, an aluminum radiator, and a MOMO steering wheel, enhance its performance and style. Collectors often seek out these specs, making it an appealing option in the market.

Given the price of $7,300 and the fair value estimate of $13,350, it’s clear this sale represents a significant discount. The 18 bids indicate a competitive interest, but the final price shows that buyers weren't willing to go too far into the stratosphere. Given the condition, which does have some cosmetic flaws—dings, scratches, and curb rash—it seems bidders were cautious but still recognized the value. The final price is a solid reflection of the market, especially for a car that has a strong enthusiast following.

Community reactions were lively, with one commenter noting, “Oh wow Montclair's where my storage unit was located at.” It shows that even casual observers have a connection to the area and the vehicle, highlighting the local interest in such a car.

For buyers on the lookout for a similar Miata, it’s crucial to check for modifications carefully. While upgrades can enhance performance, they can also affect the car's original character and value. Ensure that any modifications align with your driving needs and preferences. And keep an eye out for those cosmetic issues; they can often be a negotiating point to get a better deal. Overall, this Miata is a reminder of how rewarding it can be to snag a well-loved piece of automotive history at a price that feels right.

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