When first introduced in 1989, the Mazda MX-5 Miata caused a sensation because it combined the positive characteristics of classic British roadsters, namely a lightweight design and incredibly pure handling, with bulletproof Japanese reliability. Fast forward to the present, and the Miata continues to deliver the same qualities in a slightly larger, more powerful package, and is also available with a power-folding hardtop.
The MX-5 is powered by an all aluminum, 2.0-liter, four cylinder motor which is good for 140 foot pounds of torque and 167 horsepower (158 when equipped with an automatic gearbox). Being a performance minded product, premium fuel recommended for optimal performance and fuel economy.
Base models offer a five-speed manual as standard, while other trim levels boast a six-speed stick. A six-speed automatic is optional for all models. Fuel economy is rated at 22/28 mpg for the five-speed and 21/28 for both six speed transmissions (that's not a typo - curiously, the five-speed is really the most efficient gearbox).
The MX-5 has lengthy list of standard equipment. Exterior standard features include 16" alloy wheels, color-keyed mirrors and door handles, and your choice of a black or tan cloth top. Anti-lock brakes with brake assist and front and side airbags are standard on all MX-5s as well.
In the interior, power windows are standard while cruise control, power locks, keyless entry, fog lamps, and steering wheel audio controls come via the convenience package on Sport models and come standard on Touring models. The entry level MX-5 is called a "SV" trim, which comes with a five-speed transmission and has no options available.
Air conditioning and a leather wrapped steering wheel are standard on "Sport" trim MX-5s. Those individuals who still desire options such as power locks and keyless entry will want to opt for the convenience package on this trim level. However the sport trim does makes available an automatic transmission with paddle shifters or a six-speed manual transmission (5-speed without the convenience package).
Sport models also make available a sport-tuned suspension package which provides Bilstein shocks and a limited slip differential. Moving to the "Touring" model will make all power equipment standard as well as provide 17" wheels. Run flat tires are also an option available on these two trims.
The top of the line MX-5 is dubbed "Grand Touring". Equipped with Leather seats, a seven-speaker Bose radio, and silver accents the Grand Touring is the most luxurious MX-5 money can buy. As if the Grand Touring model wasn't already loaded to the hilt Mazda has two premium packages available.
Premium package #1 includes Xenon headlamps, an anti-theft alarm, traction control, advanced keyless entry and a limited slip differential.
For those who wouldn't enjoy the limited slip differential, package #2 provides all of the features listed above but with a standard differential.
Safety equipment includes dual front and side airbags, traction and stability control systems and electronic brake-force distribution and brake assist.
Key Competitors
Looking for a lightweight, rear-wheel-drive convertible? The Miata is your only option at this price, unless you're willing to consider much heavier and slightly clumsier (albeit quicker) machines like the Ford Mustang Convertible and the Chevrolet Camaro Convertible. If having an open air experience isn't important, the Scion FR-S and Subaru BRZ are quite close in character to the Miata.