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Classic 1995 Mazda Miata’s Price Skyrockets to Stellar INR 20 Lakh in India, Leaves Netizens in Splits

In an astonishing turn of events that has left car enthusiasts and casual observers alike both amused and bewildered, a vintage 1995 Mazda Miata, with a rich history and a modest lineage, has been listed for sale at an eye-watering price of INR 20 lakh in Kanpur, India. This old gem, despite having journeyed through the hands of four previous owners and clocking in at 150,000 km, is commanding a price that has many scratching their heads in disbelief.

Located in the serene Kanpur Cantonment Area, this red beauty, known for its sleek design and spirited performance, boasts a 1.8L engine that pumps out 128 horsepower and 149 Nm of torque. Despite its age and the lack of insurance, the owner seems to be betting big on the car’s collector’s value, setting a price that has sparked a lively debate among netizens.

Critics and car aficionados have taken to the internet to voice their opinions on this pricing phenomenon. User r_a_y_a_n_3_1_8 quipped, “4+ owners and INR 20 lacs, this guy must be smoking pot. Look at the condition of the car, dawg. INR 6-7 lacs will be worth, since it is a collector’s car.” Meanwhile, rajab_mohd87 pointed out, “You can buy a good condition Z4 in INR 20 lacs,” highlighting the disparity between the Miata’s asking price and the market value of other luxury sports cars.

On the other hand, colbert_selwin.r offered a slightly more optimistic take, acknowledging the difficulties in importing such classic cars to India and suggesting, “Even in this condition, nowadays it’s hard to import these kinds of cars so mostly 10 lakhs is best because of its name and popularity.”

The Mazda MX-5 (NA), also known as the Eunos Roadster in Japan, marked the rebirth of the roadster, drawing inspiration from British sports cars of the post-war era. Since its inception, it has captivated the hearts of driving enthusiasts worldwide, earning accolades and becoming the world’s best-selling sports car.

This unusual pricing saga has not only ignited a debate over the car’s value but has also served as a reminder of the MX-5’s enduring legacy and the unpredictable nature of the collector’s market. As the discussion rages on, it remains to be seen whether this prized Miata will find a buyer willing to match its lofty asking price or if it will remain a topic of amusement and bewilderment among India’s car loving community.

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