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U.S. Patent No. 12,236,477 — Patented Automotive Data Standardization Technology
OAV

2016 Mazda MX-5 Miata Grand Touring

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Vehicle Details

VINJM1NDAD74G0102354
TrimGrand Touring
Exterior ColorRed
DrivetrainRWD
Engine2.0L I4
TransmissionAutomatic
Fuel TypePremium Unleaded
Inventory Typeused
Days on Lot6

Grand Touring

Fair Price
$23,62330,242 mi

Fuquay-Varina, NC 27526

Is this 2016 Mazda MX-5 Miata Grand Touring a good deal?

OAV verdict: Fair Price

Why: Listed at $23,623, comparable market range $17,298–$23,787, based on 38 comparable listings. Days on lot: 6 days (market average 49 days).

Market price position

$23,623 · within market range

Comparable range
$17,298 – $23,787
vs. market
$6,325 above low · $164 below high
Comparable vehicles
38

Market Retail Price (MRP™)

$20,543

This vehicle $23,623 · $3,080 (15%) above MRP

MRP™ is the midpoint of the comparable market range — the representative price the market is asking for similar vehicles. How MRP works.

True Retail Value (TRV™)

$22,480

This vehicle $23,623 · $1,143 (5%) above TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-08-20) — an estimate, not an appraisal. How TRV works.

Demand-Verified· Faster recent sell-through, still within the typical window
Faster recent sell-through

Comparable vehicles nationally recently sold in an estimated 1438 days, and this listing is still within that typical selling window.

What does Demand-Verified mean?

Market Breakdown

Local = comparable listings in the same metro. Regional = comparable listings across the broader state or multi-state region. Both ranges are rebuilt from the market snapshot shown above.

Regional Range$17,298 – $23,787

Hiester Automotive Group

Fuquay-Varina, NC

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OAV routes your inquiry; pricing, taxes, fees, and availability come from the dealer.

About This 2016 Mazda MX-5 Miata

Listing updated: Aug 20, 2026

Listed by a franchise dealer in Fuquay-Varina, NC · On lot for 6 days · VIN verifiable at NHTSA

This used 2016 Mazda MX-5 Miata Grand Touring is listed at $23,623 by hiester automotive group in Fuquay-Varina, NC 27526. It has 30,242 miles on the odometer (dealer-reported, not independently verified by OAV). The exterior color is Red. It features a RWD drivetrain with a 2.0L I4 engine and Automatic transmission.

OAV's independent, evidence-backed Price-to-Market analysis rates this vehicle as Fair Price — priced at market value. Based on 38 comparable listings matched to this vehicle, the estimated market range is $17,298 to $23,787. These comparisons match year, make, model, and market, using trim where trim data supports it. OAV does not adjust comparables for odometer — where mileage would distort a verdict, it withholds one instead.

This vehicle has been on the lot for 6 days.

Analysis powered by OAV's patented inventory standardization technology (U.S. Patent No. 12,236,477).

Market context

This listing is part of OAV's broader Fuquay-Varina, NC convertibles market analysis. OAV compares vehicles using local and regional price-to-market ranges, days-on-lot, comparable count, and demand signals where available.

How this deal is rated

OAV compares this 2016 Mazda MX-5 Miata against similar vehicles currently available in the local and regional market — same make, model, and year range, using trim where trim data supports it. OAV does not adjust comparables for odometer; on very high-mileage vehicles it withholds a verdict rather than overstate a discount the odometer explains. Based on where this listing falls in that comparable set, it is rated:

  • Great Deal — priced below the typical range for comparable vehicles.
  • Fair Price — priced within the expected range for comparable vehicles.
  • Overpriced — priced above the typical range for comparable vehicles.

Listings show OAV's PTM-derived deal quality and live market context. OAV-claimed dealers manage their listing profile and route buyer inquiries directly. Paid OAV partners surface additional verification signals.

How this listing is verified

This vehicle listing was aggregated from a franchise dealer in Fuquay-Varina, NC, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN JM1NDAD74G0102354 can be independently verified via the U.S. Department of Transportation's NHTSA VIN decoder, and safety recalls at NHTSA's recall database.

Vehicle attributes (year, make, model, trim, mileage, location) are standardized using OAV's patented methodology (U.S. Patent No. 12,236,477), which normalizes naming conventions and deduplicates cross-listed inventory across the dealership network. Listing data is processed daily; Price-to-Market analysis uses comparable vehicles within the same geographic market.

2016 Mazda MX-5 Miata Market in NC

NC Market Listings

8

Average Price

$19,813

Price Range

$14,999–$23,623

Avg Days on Lot

49

Based on all 8 2014-2018 Mazda MX-5 Miata listings in the NC market, the average asking price is $19,813. This listing at $23,623 is $3,810 above the broader NC average (19% above the NC average). This is a wider, all-trim comparison across NC; OAV's price verdict above uses the closer comparable set. Comparable prices in NC range from $14,999 to $23,623. Similar vehicles spend an average of 49 days on dealer lots in this market.

Similar Mazda MX-5 Miata Listings in NC

4 similar listings shown (closest matches within ±2 model years) and ±30,000 miles (subject trim: Grand Touring — compare trims below)