The cheapest 2019 Mazda MX-5 Miata starts at around $27,000. A fully-loaded Grand Touring MX-5 will set you back around $32,000. The most expensive new Miata is the RF Grand Touring with its MSRP of $34,140. You could buy two of the latter and still have a few bucks left over instead of having placed the winning bid for this 1994 Mazda RX-7. A few days ago, someone decided they were willing to pay $70,000 on Bring a Trailer for this RX-7 Touring, but there are a few things you need to know about it that'll help you understand why it's worth so much.

For starters, it has only 4,600 miles. Everything about it is bone stock and it's in impeccable condition inside and out. Painted in Montego Blue with a tan leather interior, this is one of the finest RX-7s we've ever seen up for sale.

Under its hood is the iconic twin-turbocharged 1.3-liter rotary engine with 252 hp and 217 lb-ft of torque that's sent to the rear wheels through a five-speed manual transmission. Why is this RX-7 in such amazing condition? The listing states it sat unused for 12 years with its first owner.

Its second owner/seller did all of the legwork to get her up and running again, which involved an oil and filter change, new battery, and new spark plugs, among a few other things. The fuel tank was also drained. Even the original Bose Acoustic Wave sound system is still resting comfortably in the trunk. It also features a sunroof, fog lights, and a 180-mph speedometer.

There are, however, a few tiny issues, which are limited to a few paint flaws and a popping sound from the speakers when the stereo is first turned on. Both are totally fixable. This 1994 Mazda RX-7 Touring is yet another example of the increasing value of low mileage 90s-era Japanese sports cars in excellent condition. A few months ago, for example, someone paid a crazy $121,000 for a 1994 Toyota Supra. While this RX-7 didn't go for nearly that amount, $70k is still a high price to pay.