Does the 2025 Mazda MX-5 Miata justify its price in Canada compared to competing sports cars?
The 2025 MX-5 Miata starts at approximately $36,400 CAD for the GS — remarkably reasonable for a rear-wheel-drive roadster with a quality 6-speed manual gearbox. By comparison, the Toyota GR86 starts at $34,900 CAD (sports coupe, not convertible) and the Subaru BRZ at $33,500 CAD — two coupe alternatives worth considering. The MX-5 stands apart through its open-air driving experience, a unique enjoyment factor. Insurance costs for the MX-5 in Canada are typically 15 to 20% lower than the GR86 or BRZ for a young driver, owing to its moderate power output (181 hp). Mazda's Certified Pre-Owned program in Canada offers recent MX-5s (2021-2023) between $28,000 and $32,000 CAD with extended warranty — an option worth considering to maximize sporty enjoyment on a tighter budget.











