Used Mazda CX-5 Price Trends and Overview

Whether you're comparing local listings or curious about cross-border differences, let's look at what average price trends in the U.S. and Canada might mean for your search. Hopefully this overview will help you navigate the numbers.

U.S. CX-5 Market​

If your search is focused on the U.S., you'll find that newer CX-5 models generally reflect a steady climb in average price. This is good news for long-term value. As a buyer, you might notice that stepping from a 2018 to a 2019 model, for instance, historically involved the sharpest percentage increase on average – over 13%. This tells you that certain model year transitions carried a notable premium. Fast forward to the 2021-2022 model year jump and that’s where the biggest dollar increase in average prices was typically seen, adding more than $2,600 USD. This indicates a particularly hot period for these model years. Knowing these points can help you weigh the price differences between various model years you might be considering. Even the more modest average increase of nearly 4% from a 2022 to a 2023 model shows this SUV’s consistent desirability. Overall, expect a 2024 model to average about 70% more than a 2017, a testament to its retained value.

Canadian CX-5 Market​

For buyers looking at the Canadian market or those comparing it to the U.S., the Mazda CX-5 tells an even more dramatic story of value retention. The average price of a 2024 model in Canada is a striking 94.6% higher (around $18,160 CAD more) than its 2017 counterpart, based on these trends. This steeper appreciation curve is something to factor into your budget if you're aiming for a newer model year north of the border. The biggest initial percentage leap for your loonie was seen between the 2017 and 2018 models, at over 13.5%. Just like in the U.S., that 2021 to 2022 model year transition brought the heftiest absolute price increase, with average values swelling by over $3,600 CAD.

Key Takeaway​

The second-generation Mazda CX-5 is a vehicle that holds its value well in both markets, but the trajectory in Canada appears notably steeper in percentage terms. The significant jump in average prices for 2021-2022 models across both countries wasn't unique to the CX-5; it reflected a broader surge in used car values during that period due to various global factors. If your budget is tight, older second-gen models (2017-2019) still offer that CX-5 magic but reflect a slower part of the initial average price climb compared to the 2020-2022 period.

Understanding these average trends can empower you. It helps set expectations for pricing, identify potentially "hot" model years where values jumped more significantly and decide which model year offers the best balance of features and value for your needs.

CX-5 Reliability​

While the CX-5 is generally a very reliable vehicle, it's extremely important to research your target year and engine (turbo vs. non-turbo) for any known issues, Technical Service Bulletins (TSBs) and or recalls. For example, investigate reports of oil consumption, cracked cylinder heads and even non-engine items like LED DRL failures. A great place to research and learn first hand from real CX-5 Owners is right here in the CX-5 Forum on Mazdas247.

A Final Note​

These charts and insights are based on average market prices. The actual price of any specific used Mazda CX-5 will always depend on crucial factors like its exact trim level, mileage, overall condition, service history, options and the specific dealer or seller in your local area. Always conduct thorough research and consider getting a vehicle history report as well as a pre-purchase inspection before making any decisions. Best of luck with your search and keep us updated!

 

[chickdr]

Is this any different from other brands? I would expect each year to be more valuable than the last and the jump from 21 to 22 is larger due to the refresh of the exterior. I would be interested to know the % retained value per year of the CX5 compared to the CR-V and RAV4.

 

[Charmer383]

I actually just checked Carvana this morning and was offered $26,800 for my 23' Turbo with 26K miles.

 

[chickdr]

Just did the same with my '21 GTR with 33k miles. The offer was 24,200, which seems about right in comparison to your offer.

 

[Antoine]

I would be interested to know the % retained value per year of the CX5 compared to the CR-V and RAV4.

Me too! Although not per year, found retained value estimates for a 5 year period (US market from early 2024) and made this simple chart...

 

[chickdr]

So it tracks that Mazda does have a lower retained resale than the big two. I still like my Mazda better and the price was better up front as Mazda was willing to deal on my CX-5.

 

[jadmt]

I actually just checked Carvana this morning and was offered $26,800 for my 23' Turbo with 26K miles.

MSRP was $38720 on my 23 cx5 turbo and I would have a hard time letting it go for $26800 and I have over 36000 miles. I would be afraid to look at my offer . Luckily I still like it enough that I have not started looking around at trading it...my wife loves it and it is her car so probably keep it around for a while.

 

[ColoradoDriver]

Kinda crazy what 12 years does...and I guess part of it is Mazda trying to move their brand up-market. My 2014 AWD Touring was $25,500 before taxes/fees in 2013....

Back then you also only had 3 trim options, so was the mid-trim too. Probably the equivalent of a base trim these days though would be my guess.

 

[dunhillmc]

Kinda crazy what 12 years does...and I guess part of it is Mazda trying to move their brand up-market. My 2014 AWD Touring was $25,500 before taxes/fees in 2013....

Back then you also only had 3 trim options, so was the mid-trim too. Probably the equivalent of a base trim these days though would be my guess.

$25,000 in 2013 would be $35,500 in 2025 dollars. The current Select trim is closest to your 2014 Touring and has an MSRP about $31,500. Seems like the price hasn't increased as much as inflation