What used Fiat 500 hatchback will I get for my budget?
Condition is king with early 500s. Prices for the 500 start at around £1500, that for the highest-mileage examples of the entry-level 1.2 Pop. If you can spend a bit more, say around £2000 to £3000, you'll have your pick of 1.2 cars that have done an average of even below average mileage for the year, say around 50,000 miles.
The 1.4-litre engine was only on sale until 2011, when it was replaced by the turbocharged 0.9-litre Twinair. It's therefore quite rare on the used market and prices vary, so expect to have to pay between £2000 and £3000 for something that hasn't driven to the moon and back. Diesels are also scarce, but an example that has been looked after will set you back around £2000 to £3000. You’ll have to spend a bit more for a 500 with the Twinair engine, with around £3000 being a good place to start.
Later examples will set you back between £4000 and £6000 for a good 2015 or 2016 car, around £7000 to £10,000 on good 2017 and 2018 models and £10,000 to £12,000 on later 2019 and 2020 cars.
The pocket rocket of the range is the Abarth 500 (replaced by the 595 and 695 from 2012), which features a highly tuned version of the 1.4-litre turbo petrol engine. The only thing that isn’t small about this hot hatch is the price; you’ll need £4000 at least to secure an example.
How much does it cost to run a Fiat 500 hatchback?
The Fiat 500's popularity will ensure that it holds more of its value than its rivals do, making it a sound purchase, so long as you don't pay over the odds in the first place.
Diesel models don't have noticeably better resale values compared with petrol models but will save on fuel costs, being rated for 67.3mpg (72.4mpg with stop/start) as recorded under the older NEDC tests. The 1.2-litre has an official average of 55.4mpg (58.9mpg with stop/start), or 51.4mpg under the WLTP tests, and the 1.4-litre 46.3mpg (48.7mpg with stop/start), while the Abarths manage 43.4mpg, all under the NEDC. The 0.9-litre turbo two-cylinder engine is the economy star: it manages to do 70.6mpg or 67.3mpg, depending on power output, although this drops to 52.3mpg under the later, more realistic WLTP tests. Meanwhile, the later 1.0 hybrid version claims an official WLTP fuel consumption of 53.3mpg.
Road tax for the 500 shouldn't prove expensive. The 1.2-litre petrol emits just 119g/km (99g/km with stop/start) of CO2, while the 1.4-litre emits just 140g/km (135g/km with stop/start) and the diesel 110g/km (104g/km with stop/start). Those cars registered after the tax changes of April 2017 came into force will pay VED (Car Tax) at the flat annual rate, currently £150 a year.
Insurance is a similar story, with all 500s sitting in groups 3 to 6. Only the Abarths reach double digits, in groups 13 and 14. The Twinair model manages to squeeze into the free tax band so long as it was registered before 1 April 2017; all cars after that will incur the new annual flat rate of £145.
Servicing costs are in line with other models in the Fiat range and rival city cars.
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