If it’s retro charm you’re after, the chic Fiat 500 is one of your cheapest options. Its timeless looks, inspired by the 1957 classic of the same name, are arguably the biggest reason to buy a 500, but slow depreciation is another, more level-headed, rationale.
If you’re not too taken by the 500’s styling there are bigger, more reliable and better-driving alternatives available at this price – including the VW Up and Hyundai i10.
However, if your heart’s set on the Fiat (and we wouldn’t blame you if it is) stick with the entry-level 1.2 petrol engine in either Pop Star or Lounge trim. Or if you’re after a hot hatch consider the cheapest Abarth ‘500’ model. Avoid the noisy and uneconomical Twinair models.