Are you currently in the market to buy (or sell) a Fiat 500 in Paris? Vehiclus studied the used auto market of all towns in France to determine a pricing profile of various Fiat models depending on their age, technical condition, optical condition, and mileage. To optimize your earnings when selling your 500 (or to make sure to not overpay when buying a Fiat 500) it is useful to know all value-determining factors.
Paris is a city with a current population of 2138551 . Nevertheless, it is hard to find more than three Fiat 500 on the car market . Hence, the supply is low and the demand depends on various of factors such as maintenance costs, fuel mileage, and used car pricing.
As seen below, cars of the manufacturer Fiat and especially of the model 500 depreciate in a very average manner. The average value of the 500 will be lowered by up to 14% ($16,564) after just one year. After three years, the car typically costs only 64% of its original asking price ($12,042) while it will only be priced at 32% of the MSRP after 7 years ($5,623). The 500's value after 12 years is only 10% of its original price depending on its condition of course.
Another way to describe car depreciation is to examine the loss of value over miles driven. The Fiat 500 depreciation curve below shows this phenomenon for the city of Paris. The 500 looses most of its value (approximately 50%) within the first 30,000km driven. The mean price for a 500 at that mileage is ca $10,678. After that the depreciation slows down: at 90k km the Fiat 500 is valued for $6,346 in Paris and for $3,344 at 180k km driven.
The last factor that heavily determines the sell price of a used car is the technical and optical condition of the vehicle. The table below shows the deflation of a Fiat 500 according to its year and its condition.
| Vehicle Year | Fiat 500 Condition | ||
|---|---|---|---|
| fair | good | excellent | |
| 2017 | $17,474 | $18,155 | $18,837 |
| 2016 | $15,366 | $15,966 | $16,565 |
| 2015 | $13,408 | $13,931 | $14,454 |
| 2014 | $11,600 | $12,052 | $12,505 |
| 2013 | $9,941 | $10,329 | $10,716 |
| 2012 | $8,431 | $8,760 | $9,089 |
| 2011 | $7,071 | $7,347 | $7,623 |
| 2010 | $5,861 | $6,089 | $6,318 |
| 2009 | $4,800 | $4,987 | $5,174 |
| 2008 | $3,888 | $4,040 | $4,191 |
| 2007 | $3,126 | $3,248 | $3,370 |
| 2006 | $2,513 | $2,611 | $2,709 |
| 2005 | $2,050 | $2,130 | $2,210 |
| 2004 | $1,736 | $1,804 | $1,871 |
| 2003 | $1,571 | $1,633 | $1,694 |
| 2002 | $1,557 | $1,617 | $1,678 |
| Fiat 500 variations: |
|---|
| 500 |
| 500 1.4 16v (100ch) |
| 500 Abarth Esseesse Euro 5 |
| 500 1.2 8v Dual Logic Stop & Start Euro 5 |
| 500 1.4 16v Euro 5 |
| 500 ABARTH |
| 500 Abarth |
| 500 1.3 Multijet 16v |
| 500 1.2 8v |
| 500 1.2 8v Stop & Start Euro 5 |
| 500 1.3 MultiJet 16V 95ch Start/Stop D.P.F. |
| 500 Abarth Euro 5 |
| 500 1.4 16v Dual Logic |
| 500 1.4 16v |
| 500 Abarth Esseesse |
| 500 1.4 (100ch) Dualogic |
| 500 1.2 8v Dual Logic |
| 500 1.4 16v Dual Logic Euro 5 |