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They're holding steady/going up in value, they're fun to drive, in your price range, reliable in stock to lightly modified form, cheap to service and easy for the home mechanic should you wish to do it yourself.
There's a reason every track day has at least 2-3 MX5s
If you just want to be a hooligan on A roads, TVR? They can't go down in value any more.
NurseHolliday-
Fair point... I just dont think I could ever buy an MX5. Main reason is they dont have a roof. Cars with no roof are not for me. there's just something about them that I cant get on with. Unless it was a Caterham or one of those 550 Spyder replicas (both too expensive for me!)
Doesn't need to be super fast... I have the M135 for being a hooligan in! (first speeding ticket came through last week, bastard average speed checks!) Just something with a bit of character that I can drive to work every once in while.
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madlolz.