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Fiat 500 predicted to hold its value

26th June 2008

The new Fiat 500 is going to hold its value more effectively than it was originally expected to.

Launched in 2007, the Fiat 500 has proved very popular with customers, especially as it achieved a five-star EuroNCAP rating - suggesting it could enjoy lower car insurance premiums than its rivals.

As a result of this popularity, the experts that estimate future car prices have upgraded their predictions on what they believe the new Fiat 500 will be worth in 2011.

They revealed that the car is expected to hold 46 per cent of original list price, up from previous estimates of 42 per cent.

Interestingly, the entry level 1.2 Pop model is predicted to hold 47 per cent of initial price after three years.

Adam Pumfrey, the fleet and remarketing director for Fiat Group Automobiles in the UK, commented: "The residual value guides have reacted positively to the success of the 500 and have increased their used predictions accordingly. This is good news for those who have already bought one and it should help reduce monthly costs.

"The 500 has also generated a great deal of interest from small and medium sized companies for test drives as it offers drivers a high profile company car that is low on fuel use and CO2 emissions." ADNFCR-1602-ID-18657575-ADNFCR