Glass Guide, used car expert, has released a top ten residual value list of 2011 models. These top ten ratings have taken many residual value factors into consideration, such as road functionality, image, economy and driving position.
These are then used to calculate the used car price of a three year old car which has driven 37,000 miles.
Typically, 4x4s and coupes top the residual value table but Fiat has bucked the trend with the Fiat 500 city car. This popularity increase in 4×4’s is mainly due to recent bad weather conditions, making Fiat’s appearance on the list even more impressive.
The fact that the Fiat 500 made it into the top six may come as a surprise as the Fiat 500 does not have a four-wheel-drive option or have a high drive position.
But unlike many of the small cars and city cars the Fiat 500 has a classic image that is timeless. This classic image gives the Fiat 500 a residual value of 67.6 per cent.
The 500’s fuel economy also aids its residual value as its 1.2-litre Pop model, the model which took sixth place, returns CO2 emissions of 113g/km and mileage of 49.6mpg.
Fiat was not the only small car to make the list. The Alfa Romeo MiTo, another small car known for its attractive styling and high levels of equipment, also appeared in the top ten.
Green criteria may have also played a part with the MiTo, which shares efficient diesel ‘MultiJet’ engines with the Fiat 500.
The Fiat 500 1.2-litre starts from £9,900. Fiat vehicles are available from Perry’s Portsmouth, Amersham and Aylesbury dealerships.