Mazda MX-5 Mk2 Review (1998-2005)

5.0

Expert review

Pros

  • Hugely enjoyable to drive

  • More practical than the mk1

  • Lots of distinctive special editions to choose from

Cons

  • Prone to rust

  • Hood drainage holes tend to block

  • Brake calipers can seize and may need replacing

5/5Overall score
Practicality
Driving
Tech and equipment
Running costs
1998-2004 Mazda MX-5 Generational Review summaryImage

The CarGurus verdict

Purely from a driver’s perspective, the Mazda MX-5 mk2 is great. Its steering is direct, its handling playful, and the sense of connection and control you enjoy from behind the steering wheel is how all true sports cars should be. No, the engines aren’t all that powerful, but they are eager, and with so little weight to haul, the little roadster ends up being far faster than you’d think.

There’s no avoiding the rust issue, and if you’re going to spend a reasonable amount of money on a seemingly good example of the MX-5 mk2, then enlist the expert help of a specialist to inspect the car on a ramp before you hand over the money, but find a good one, and you won’t stop smiling.

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What is the Mazda MX-5?

The original MX-5 was a hard act for Mazda to follow, especially since global legislation changes meant its designers could no longer use the model’s trademark pop-up headlamps, yet the Mazda MX-5 mk2 or NB – which arrived in UK showrooms in 1998 – attracted a fresh wave of two-seater roadster enthusiasts. It was replaced by the third-generation NC model in 2005.

These days, MX-5 mk2 fans can be just as passionate about their cars as owners of the first-generation MX-5, because it’s just as brilliant to drive as its forebear and wonderfully simple.

  • We’ll get into this in detail below, but MX-5 mk2s can rust, and badly. Treat any claim that a car is ‘rust-free’ with mild suspicion. Get your potential purchase along to an MX-5 specialist and pay to have the car inspected on a ramp. A big chunk of the work these specialists do these days is fixing rusty mk1, mk2 and mk3 MX-5s, so they know what to look for.
  • Mazda went crazy with special editions of the MX-5 and, unless our maths is wrong, there are at least 27 of them. Most have things like unique colours and mixes of equipment, so it’s worth doing some research to discover what they offer. Owners tend to look after them, too, so they’re likely to be more expensive than standard models, but should hold their value better.
  • Owners love to modify Mk1 and mk2 MX-5s, and completely standard cars are increasingly hard to find. If you find yourself drawn towards a modified MX-5 mk2, don’t forget to check out the insurance implications of the tweaks, and closely examine the quality of the work.

  • For the full-on MX-5 experience: Every model is a hoot to drive, but the 144bhp 1.8i S-VT from spring 2001 onwards is worth seeking out. The engine’s variable valve timing gives it extra zing at high revs, it has a fruiter exhaust note, a six-speed manual gearbox, and sharper suspension. Sure, it’s not that quick in a straight line, but head to twisty roads and you’ll have a ball.
  • If you’re an urban dweller: More popular in the US and Japanese markets than in the UK, the MX-5 mk2 is available with an automatic gearbox. Enthusiasts may sneer, but it changes gear sweetly enough, and any loss of performance will be forgotten as you’re trundling through the traffic. At least you can work on your tan during the commute home.
  • A limited edition: Google and owner’s clubs are your friends, as you work out which of the 27 specials you fancy. For rarity and style, we suggest the Jasper Conran Platinum, of which just 100 were made. It has Platinum-coloured bodywork, BBS alloy wheels, red Connolly leather on the seats, door trims and hood cover, red carpets – including in the boot – and a set of custom-made luggage. If you don’t care about the luggage and aren’t keen on the red, there’s also a Jasper Conran Classic Black, but there are 400 of those.
  • For a British sports car throwback: The first-generation MX-5 was famously created in the spirit of vintage, lightweight, rear-drive cars from the UK, but without the puddles of oil on your driveway. The MX-5 mk2 SE (for Special Edition) from September 1999 mimics the looks of those open-top British heroes with Racing Green paint, a tan leather interior, a wooden-rimmed steering wheel, wooden gear knob, and wooden trim on the centre console.
Brett Fraser
Published 8 Sept 2021 by Brett Fraser
A lifelong motoring enthusiast, Brett Fraser began his writing career at Car magazine and has since worked for Performance Car, evo, Octane, 911 & Porsche World, Total MX-5 and others. A serial car buyer, he writes used car reviews and advice articles for CarGurus.

Main rivals

Body styles

  • Two-door convertible