Fiat 500 car insurance costs on average $1,136 a year, or $95 on a monthly basis. You can expect to pay about $223 less annually to insure a Fiat 500 compared to the average rate for small cars, and $431 less per year than the $1,567 average for all vehicles.
Is Fiat expensive to insure?
Of the four models we quoted, the Fiat 500C has the cheapest average annual insurance premium for minimum and full coverage.
Car insurance for Fiat: by model.
| Fiat car insurance |
Average annual premium for minimum coverage |
Average annual premium for full coverage |
| Fiat 500L Pop |
$498 |
$1,578 |
What are the problems with Fiat 500?
6 Most Common Problems With Fiat 500 (Explained)
- Faulty Clutch Pressure Plate. Solution.
- Steering Problems. Solution.
- Incorrect Tire Pressure Placard. Solution.
- Suspension Problems. Solution.
- Interior Problems. Solution.
- Refuelling Problem.
Is Fiat 500 a good first car?
Buying a Fiat 500 as your first car
The Fiat 500 is a more affordable first car than similar small stylish cars like the Mini and proves that driving in style doesn’t have to cost an arm and a leg. While thanks to a range of personalisation options it is easy to get a model as unique as you are.
How much is insurance on a Fiat 500? – Related Questions
How long will a Fiat 500 last?
As long as it is properly maintained, your Fiat 500 can last anywhere from 200,000 to 250,000 miles, or roughly 13 to 17 years of trouble-free driving. Most of the Fiat 500s that last this long are naturally-aspirated ones, meaning they don’t have turbo engines.
Is Fiat expensive to fix?
On average, a Fiat costs about $538 per year for standard maintenance. That’s the average figure for all Fiats. Your Fiat maintenance cost will vary depending on the specific model you own.
Is Fiat a good car for a teenager?
The FIAT is more than just safety and low costs – it’s also fun to drive, and offers plenty of features that teens will love. The base model comes with a powerful sound system, and you can install an optional wireless sync system.
Is the Fiat 500 a reliable car?
Fiat cars have an average reliability rating of 3.5/5 according to RepairPal. Fiat 500 cars fall into the same rating. They are easy enough city cars or quick trips, though they are not the greatest for long distance traveling, or anything off road.
What is the best first car?
- You Never Forget Your First Car. So why buy one that’s forgettable?
- 2022 Nissan Versa. $15,180 | Reliability Rating: 83/100 | USN Overall Score: 7.9/10.
- 2022 Hyundai Elantra.
- 2022 Toyota Corolla.
- 2022 Buick Encore GX.
- 2022 Subaru Forester.
- 2022 Kia Sportage.
- 2022 Hyundai Kona.
What is the best first car for a new driver?
The Best First Cars for New Drivers in 2022
- Honda Civic.
- Honda Fit.
- Honda Ridgeline.
- Hyundai Venue.
- Mazda CX-3.
- Subaru Impreza.
- Toyota Corolla. Best for: Buyers who want equal parts efficiency and reliability.
- Toyota Sienna. Best for: New drivers with lots of friends and/or plans for adventure.
How old should your first car be?
This is why we recommend that you go for a model that’s as close to new as you can afford, and anything less than three years old will be almost as good as getting a brand new car in most cases – a number of models could even have some manufacturer warranty remaining for extra peace of mind.
What is the safest car for a teenager to drive?
10 of the Safest Cars for Teenagers to Drive
| Vehicle model |
Safety features |
| Mazda CX-5 |
Mazda CX-5 safety features |
| Subaru Impreza |
Subaru Impreza safety features |
| Toyota Camry |
Toyota Camry safety features |
| Kia Forte |
Kia Forte safety features |
What is a good budget for a first car?
Experts recommend that you spend $5,000 to $10,000 on your first car. But honestly, it all comes down to what you can afford. Here are a few simple tips to help you calculate a figure that would work well for you: Don’t spend more than 15% of your gross pay or 20% of your take-home pay.
What car can I afford with my salary?
Follow the 35% rule
Whether you’re paying cash, leasing, or financing a car, your upper spending limit really shouldn’t be a penny more than 35% of your gross annual income. That means if you make $36,000 a year, the car price shouldn’t exceed $12,600. Make $60,000, and the car price should fall below $21,000.
How much should a teenager pay for their first car?
Paying With Saved Funds
Every person’s situation is different, but one common recommendation is to keep the cost of your teen’s first car below $10,000. Your teen will most likely be making minimum wage, so it might take them quite a long time to save up for a safe and functional car.
What is a reasonable car payment?
Financial experts recommend spending no more than about 10% to 15% of your monthly take-home pay on an auto loan payment.
Is 500 a month too much for a car?
Is $500 Too Much for a Monthly Car Payment? Paying $500 for a car loan monthly payment in 2019 would definitely have been too much. But in 2022, when the average monthly payment is $648, consider yourself lucky if you have just $500 to pay!
What is the average car payment in 2022?
The average monthly car loan payment in the U.S. is $667 for new vehicles and $515 for used ones originated in the second quarter of 2022, according to credit reporting agency Experian. It’s worth noting that recent reports from other industry analysts place the average monthly car payment even higher for new vehicles.
How much car is too much?
Experts recommend keeping car payments to less than 10 percent of monthly take-home income. This figure is the amount that an individual receives after taxes and other expenses (like health insurance) are deducted from the paycheck. However, some consumers might find they can spend much less than 10 percent.
How old of a car should I buy?
In retaining “like new” quality and inheriting a slower depreciation rate, the best used car age for buying is 2-3 years. In fact, Americans are saving up to $14,000 on a 3-year-old vehicle. For example, a car that may have cost you $30,000 when new would cost around $16,000 after just 3 years.