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1992 Mazda MX-5 Miata Overview, Reviews, Ratings & Specs

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Cathleen V | September 24, 2025
The 1992 Mazda MX-5 Miata is a quintessential two-door, front-engine, rear-wheel-drive roadster, part of the first-generation 'NA' series produced from 1989 to 1997. It became an instant classic for its "Jinba Ittai" (rider and horse as one) philosophy. It typically came in base, "A" package, "B" package, and "C" package trims, alongside special editions. New, prices started around $14,000-$18,000. Its popularity stems from its pure driving joy, exceptional balance, and classic British roadster aesthetic without the associated reliability woes, making it an accessible and thrilling sports car.
The Good

The 1992 Miata offers exhilarating, balanced handling and responsive performance that emotionally connects with drivers. Practically, its legendary reliability, decent fuel efficiency for a sports car, and enduring 'classic' design make it a smart, low-cost investment. Its simple yet functional interior provides surprising comfort, while its strong aftermarket support enhances long-term value and customizability.

The Bad

Watch out for rust, especially in rocker panels and rear quarter panels. The crank nose pulley can be a weak point on early '90-'91 models, though less common on '92s. Owners also report potential for clear coat failure, aging convertible tops, and occasional issues with power window regulators and aging cooling system components.

1992 Mazda MX-5 Miata: Quick Overview

  • Engine Options: The 1992 Mazda MX-5 Miata was offered with a single engine option for the North American market: a 1.6-liter (1597cc) DOHC 16-valve inline four-cylinder engine, internally known as the B6-ZE.

  • Horsepower: This 1.6L engine produced 116 horsepower at 6,500 rpm and 100 lb-ft of torque at 5,500 rpm. This output, combined with the car's light weight, provided lively performance.

  • Fuel Economy: EPA estimated fuel economy for the 1992 Miata typically ranged around 22-25 MPG in the city and 28-30 MPG on the highway, depending on transmission.

  • 0-60 Times: The 0-60 mph acceleration time for the 1992 Miata with the 5-speed manual transmission was generally in the high 8-second range, typically around 8.5 to 8.9 seconds.

  • Towing Capacity: The Mazda MX-5 Miata was not designed or rated for towing. Any towing is strongly discouraged due to its light chassis and powertrain.

  • Trim-Level Features:
    • Base Model: Standard features included manual steering, 14-inch steel wheels with hubcaps, manual windows, a simple AM/FM cassette stereo, and a manual soft top.

    • "A" Package: Added alloy wheels, power steering, a leather-wrapped steering wheel, and a tachometer.

    • "B" Package: Included all "A" package features plus power windows, cruise control, headrest speakers, and occasionally power mirrors.

    • "C" Package: The most luxurious, building on the "B" package with tan leather seats, tan convertible top, Nardi wood shift knob and handbrake handle, and often a CD player.

    • Special Editions: Mazda frequently released special editions with unique paint colors, interior schemes, wheels, and sometimes Bilstein shocks. Examples around this era included the 1991 British Racing Green Miata (though not a '92, it set a precedent for special editions), and the 1992 Black Miata. These often combined "B" or "C" package features with aesthetic enhancements.

1992 Mazda MX-5 Miata Specifications

Vehicle Information
Year 1992
Make Mazda
Model MX-5 Miata
Trim -
Style 4-Speed Automatic
Type Convertible
Category Sports Car
Manufacturing Details
Made In Japan
Manufacturing City HIROSHIMA
Dimensions
Doors 2-Door
Curb Weight 2271 pounds
Gross Vehicle Weight Rating -
Overall Height 48.20 inches
Overall Length 155.40 inches
Overall Width 66.00 inches
Wheelbase Length 89.20 inches
Standard Seating 2
Engine & Performance
Engine 1.6-L L-4 DOHC 16V
Engine Size 1.6L
Engine Cylinders 4
Transmission 4-Speed Automatic
Transmission Type Automatic
Transmission Speeds 4-Speed
Drivetrain Rear-Wheel Drive
Additional Features
Anti-Brake System Non-ABS 4-Wheel ABS
Steering Type Rack & Pinion
Pricing
Manufacturer Suggested Retail Price (MSRP) $14,800
Invoice Price -
Delivery Charges -

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Analysis

What Problems Does the 1992 Mazda MX-5 Miata Have?

The 1992 Mazda MX-5 Miata, while generally very reliable, does have its share of frequently reported problems and long-term reliability concerns that owners should be aware of. One of the most common issues across all NA Miatas, including the 1992 model, is rust. Key areas to check are the rocker panels, rear quarter panels (especially around the wheel arches), and frame rails. Water drainage channels for the convertible top can become clogged, leading to water accumulation and rust in the sills.

Another notable concern, though less prevalent on 1992 models compared to the earlier 1990-1991 Miatas, is the "short nose" crank shaft issue. The original design of the crankshaft nose on very early 1.6L engines was shorter and had fewer splines for the crank pulley, which could lead to pulley wobble and catastrophic engine failure if not addressed. By 1992, Mazda had largely mitigated this with a revised "long nose" crank, making it a much less common problem.

Aging cooling system components are a factor on any 30-year-old car. Radiators can become brittle and crack, especially the plastic end tanks, leading to coolant leaks and potential overheating. Hoses and water pumps also degrade over time. It's wise to inspect and potentially replace these parts proactively.

Power window regulators can fail, causing windows to operate slowly or get stuck. The convertible top, being fabric, is prone to wear, tears, and clear plastic rear window degradation (clouding, cracking). Replacement tops are a common expenditure for long-term owners.

Clear coat failure is also common, particularly on red cars (Mazda's "Classic Red"). The clear coat can oxidize and peel, leading to a dull or blotchy appearance. This is a cosmetic issue but can be costly to fix properly. Electrical issues are rare but can occur, often traced to aging wiring or connectors. Fuel pumps and relays can also eventually give out.

Regarding recalls, the NA Miata generally had very few significant safety recalls. Any specific recalls for the 1992 model year would typically be minor and related to components like headlights or minor electrical systems, rather than major mechanical faults. Always check a specific car's VIN for open recalls if purchasing.

How long will the 1992 Mazda MX-5 Miata last?

With good maintenance, a 1992 Mazda MX-5 Miata can easily achieve 150,000 to 200,000 miles or more, and many dedicated owners keep them running for well over 30 years. Its inherently robust 1.6L engine and drivetrain are highly durable. Long-term durability is a strong point, with the chassis and core mechanicals proving resilient.

However, weaknesses emerge with age: rubber components like bushings, seals, and hoses will harden and crack, requiring replacement. The cooling system, as mentioned, is a wear item. Electrical components like window motors and switches can fail. Rust remains the primary long-term enemy, especially in humid climates or areas with road salt. Proper rust prevention and prompt repair of any developing rust spots are crucial for maximizing its years of service.

What Technology & Safety Features are Included?

The 1992 Mazda MX-5 Miata, being a pure driver's car from the early '90s, featured very minimalist built-in technology, entertainment, and safety features by modern standards. Driver-assistance technologies were essentially non-existent.

Built-in Tech: The most 'advanced' tech involved basic engine management systems. There were no integrated navigation, advanced displays, or complex electronic vehicle controls. The dashboard featured analog gauges for speed, RPM, fuel, oil pressure, and water temperature, which were clear and driver-focused.

Entertainment: Standard entertainment typically included an AM/FM cassette stereo. Higher trims or optional packages could include an AM/FM CD player. Some models came with headrest speakers integrated into the seats for better sound with the top down. Connectivity was limited to the radio antenna, with no Bluetooth, USB, or auxiliary inputs.

Driver-Assistance Features: Absolutely none. This was an era before ABS, traction control, stability control, or any form of automated driving aids became common. The Miata offered a direct, unfiltered driving experience where the driver was solely responsible for vehicle control.

Safety Features: Safety was rudimentary compared to today's vehicles. Standard safety features included:
  • Driver's side airbag: This was a relatively new addition to many cars in the early '90s and became standard in the Miata.

  • Three-point seatbelts: For both driver and passenger.

  • Side-impact door beams: Incorporated into the doors for some structural protection in side collisions.

  • Power-assisted disc brakes: On all four wheels, though without ABS as standard.

Optional Safety/Driver-Assistance:
  • Anti-lock Braking System (ABS): This was an optional feature, typically found on higher trim levels or as part of a package. It was a significant safety upgrade for the time.

Crash-Test Ratings: Official NHTSA (National Highway Traffic Safety Administration) or IIHS (Insurance Institute for Highway Safety) crash-test ratings as we know them today were not widely available or performed with the same methodologies for vehicles of this era. Given its small size and two-seater convertible design, it would likely fare poorly in modern crash tests compared to contemporary vehicles designed with vastly more advanced safety structures and multiple airbags. However, for its time, it met prevailing safety standards and offered the basics expected.

What Colors Options are Available?

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In the meantime, feel free to explore the other sections for more content.

1992 Mazda MX-5 Miata Prices and Market Value

When new, the 1992 Mazda MX-5 Miata typically ranged from approximately $14,000 for a base model to around $18,000 for a well-equipped "C" package or special edition. This represented excellent value for a true sports car. Today, the used market prices vary significantly based on condition, mileage, and originality. Well-maintained, lower-mileage examples can command $8,000 to $15,000+, with rare special editions or highly original cars sometimes exceeding $20,000. Less pristine examples might sell for $3,000 to $7,000.

Depreciation insights reveal that after initial depreciation, the NA Miata has appreciated in recent years, becoming a 'modern classic.' Factors affecting resale value include the absence of rust (a major determinant), service history, condition of the convertible top, originality (unmodified cars often fetch more), and the presence of optional ABS or special edition features. Low mileage, especially on unmolested examples, also significantly boosts value.

1992 Mazda MX-5 Miata Cost of Ownership

The 1992 Mazda MX-5 Miata is generally an economical car to own long-term. Insurance costs are typically low due to its modest power and excellent safety record for a two-seater. Fuel costs are also reasonable, given its decent fuel economy for a sports car. Maintenance is straightforward, with parts readily available and relatively inexpensive, especially compared to other sports cars. Many routine repairs can be done by a competent DIY owner. Common long-term repairs include replacing wear items like rubber bushings, cooling system components, and the convertible top. While some restoration work (like rust repair or paint) can be costly, overall, the Miata offers fantastic value and low running costs, making it a budget-friendly enthusiast vehicle.

1992 Mazda MX-5 Miata Fuel Efficiency

Fuel Type Gasoline
Fuel Capacity 11.90 gallons
City Mileage 23 miles/gallon
Highway Mileage 28 miles/gallon

1992 Mazda MX-5 Miata Safety Rating

NHTSA
Side Driver Rating Not Tested
Frontal Passenger Rating
Rollover Rating Not Tested
Side Rear Passenger Rating Not Tested
Frontal Driver Rating
IIHS
Moderate Overlap Front Test Results Not Tested

1992 Mazda MX-5 Miata Warranty

Basic
Original warranty 0 months / No data
Estimated remaining Expired
Powertrain
Original warranty 0 months / No data
Estimated remaining Expired
Rust
Original warranty 0 months / No data
Estimated remaining Expired

1992 Mazda MX-5 Miata Insurance

Insurance for a 1992 Mazda MX-5 Miata is moderately priced, reflecting its status as a Convertible with strong safety ratings and
reasonable repair costs.

How Does the 1992 Mazda MX-5 Miata Compare to Other Convertible?

The 1992 Mazda MX-5 Miata carved out its own niche, often considered a modern successor to classic British roadsters. Its primary rivals, though few direct competitors offered the same package, included:

  • Honda CRX (specifically the Si variant): While a front-wheel-drive hatchback, the CRX Si offered similar lightweight, nimble performance and fantastic reliability. The Miata offered the open-top, rear-wheel-drive experience, which the CRX couldn't match. The CRX might have slightly better utility, but the Miata's 'fun-to-drive' factor often won out for purists.

  • Toyota MR2 (W20 generation, 1991+): A mid-engine, rear-wheel-drive sports car, the MR2 offered more power (especially the Turbo model) and a more exotic look. However, it was significantly more expensive, had higher insurance and maintenance costs, and its mid-engine layout, while thrilling, was less forgiving at the limit than the Miata's balanced front-engine setup. Reliability was also good, but parts could be pricier.

  • Pontiac Fiero: A 'casual' rival from an earlier era that tried to capture the affordable sports car market. While also mid-engined, the Fiero suffered from quality issues and a less refined driving experience compared to the Miata. By 1992, the Fiero was long out of production and largely irrelevant.

  • Classic British Roadsters (e.g., MGB, Triumph Spitfire): The Miata was designed to emulate and improve upon these. It offered superior reliability, comfort, and performance without the constant maintenance demands. For similar driving feel, these are alternatives, but not in practicality or upkeep.

In terms of performance, the Miata excelled in handling and balance rather than raw speed, outshining most budget FWD sports coupes of the era in driver engagement. Features were basic across the board for all these cars; the Miata's key 'feature' was its convertible top. Reliability was a huge win for the Miata over older roadsters and matched or exceeded most others. Price new, the Miata was highly competitive, and its used market value has held up remarkably well.

Similar Alternatives: For a pure, unadulterated driving experience, finding a well-preserved Miata is hard to beat. If you want more power, a slightly later 1.8L Miata (NA8C) or a non-turbo MR2 could be considered. For a similar lightweight, rev-happy feel in a FWD package, a Honda Civic Si (EJ chassis) could be an alternative, though without the open-top RWD magic.

Final Verdict: Is the 1992 Mazda MX-5 Miata a Good Convertible?

The 1992 Mazda MX-5 Miata is ideal for driving enthusiasts seeking an affordable, reliable, and incredibly engaging open-top sports car. It's perfect for weekend spirited drives, autocross, or simply enjoying the open road. It's worth buying for anyone who prioritizes driving purity over raw power or modern amenities.

When buying used, prioritize examples with minimal rust, a well-documented maintenance history, and a good condition convertible top. The "B" or "C" packages offer nice amenities like power windows and a leather steering wheel, while the optional ABS is a beneficial safety upgrade. Given its age, be prepared for typical maintenance on wear items. It makes an excellent second car or a fun daily driver if you don't need significant cargo space or passenger capacity. Avoid neglected examples unless you're looking for a project, as restoration costs can quickly exceed its value.

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Cathleen V

Cathleen is an exceptional freelance writer covering hot topics in the automotive world from a gearhead's perspective. Her articles delve into various aspects of automotive technology and history, offering readers detailed insights into engine performance, reliability, and maintenance. Through her engaging and informative writing, Cathleen provides valuable information to automotive enthusiasts and consumers alike, helping them make informed decisions about vehicle maintenance and purchases.