MAZDA 323: BUYER'S GUIDE
Median Price: £5,100 • Highest Price: £31,415 • Lowest Price: £36 • Sell-Through Rate: 92%
Source: Anglia Car Auctions
How much is a 323 worth?
In our experience, we've seen plenty of 323's go under the hammer and based on analysing every sale you can expect to pay £5,100 for one in average condition - that places it amongst the cheapest 10% of collector cars across our database.
As Mazda's go, a 323 is on the lower end relative to other Mazda models. In fact this model is £5,545 below the median Mazda price of £10,645.
What is the maximum to pay for a 323?
Across the 47 323's we've seen sell, the highest price ever recorded for this model is £31,415. It was sold by RM Sotheby's in the US on 25 Mar 2021.
What is the lowest to pay for a 323?
Well, that depends on where you draw the threshold.
The lowest sale of all time for this vehicle is £36. RM Sotheby's sold the car at auction in the US on 22 Sep 2012.
When looking at more recent sales the lowest recorded price is, as you would expect, higher. Analysing every sale since 2020 shows that the lowest price between 2020 and today is £550, WB & Sons sold this car in the UK on 08 Mar 2025.
What is the background of the make / model?
Mazda produced this model between 1979 and 1998.
Mazda was founded in 1920 by Jujiro Matsuda in Hiroshima, Japan. It began as a maker of cork and eventually built its first vehicle in 1931. Since then, it has become one of the most popular car brands in the world. Mazda is known for its innovative rotary engine, fuel-efficiency, and driver-centric design. The brand is also renowned for its premium models like the MX-5 (Miata) and the RX-7.
How common is a 323?
According to data from the DVLA, the UK licensing authority, in 2022 there were 1,804 licensed vehicles alive and kicking on UK roads. There were also 3,309 vehicles that are SORNd - in other words not currently registered for the road. Note: that data is for this model and all of its sub-models.
Building on that, we've also seen plenty of these go under the hammer at auctions around the world, 51 to be precise. It's among the 15% most common collector cars to sell at auction.
Of those 51 times the model has gone to auction 47 have sold. In other words, this model sells on 92% of times it goes to auction - that's above the average sell-through rate we traditionally see.
What is the [enter model]'s like to live with?
We know from reviews of this model by our 42,000+ strong community how this car performs across multiple variables. Those variables stack up to give a TCVScore which is a relative score of how good a car is across the 5 variables in comparison to all other cars.
For the [enter model], it scores a [enter score] out of 100 - that places it in the [enter position] of all cars in our database.
How the car scores across all variables is below:
Styling:
Cool Factor:
Practicality:
Handling:
Speed:
To understand more or add your own review, click the links below.
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Why this article was created
Well, we've got one of the largest databases of sold classic car prices in the world so we thought we ought to help and put that data to good use. To be clear though, this article is not intended to be a full tour of every nook and sill of the 323, rather it's meant to act as an introductory guide and overview of the market for this model.
It is here to provide you guidance on how much you should and shouldn't be paying for one based on the 51 we've seen previously.
If you're after more detail, we've got you covered. Click the button below to be taken to a the price guide for this model so you can see every single sale, price trend over time and lots more.
How this article was created
This article was created by looking back at sales of 323 since the beginning of our database in 1992. We've scanned over 30 auction houses and results from over £15 billion of sold cars around the world to understand the where the market is at for this car.
The Classic Valuer takes that data and analytics which enables it to generate these articles at scale, for further information regarding the 323 please visit the price guide linked below.
About The Author
Giles Gunning
Giles is CEO of The Classic Valuer - one of the world's largest databases of sold classic cars in the world going back over 30 years covering over 11,000 models. Giles and The Classic Valuer are regularly referenced in key classic car publications including Classic & Sports Car.
Giles grew up around the iconic historic motorsport venue at Goodwood and enjoys his 1972 Alfa Romeo 1600 GT Junior around the Sussex roads. His primary car goal is to purchase back a selection of his grandfather's car's including his 1931 Riley Brooklands.
