Hagerty values the 1999-2005 Mazda MX-5 Miata at $16,600 in its 2026 Bull Market List, making it the most affordable car on a roster of eleven that tops out at $1,550,000 for a Porsche Carrera GT. Hagerty’s own release explains the appeal in plain terms, noting that “no matter the supply, demand is consistently higher, few cars appeal to as broad a demographic.”

a blue car in a garage
Photo by Nika Qufarashvili on Unsplash

 

The Second Act That Didn’t Ruin the Original

Hagerty’s release credits Mazda for pulling off a tough follow-up act: “by the late 1990s, the original Miata was already a legend. For its second act, Mazda kept the magic while adding bigger brakes and a more powerful engine.”

Why a Common Car Can Still Be a Smart Bet

Hagerty’s selections come from analyzing millions of data points covering public auction results, private sales insights, insurance data, and buyer and seller behavior. Decades of autocross duty and daily-driver abuse have thinned the herd of genuinely good NB Miatas far more than most owners realize.

The Most Accessible Entry Point on the List

For an enthusiast working with a real-world budget, the Miata is effectively the entry ramp to the whole Bull Market List.

The Bottom Line

The NB Miata proves you don’t need rarity or a six-figure sticker to land on a list built around appreciation — you just need a car enough people genuinely want to own.

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