Looking to pick up a brand new Fiat 500 before year's end? Don't. The company will be making some dramatic changes to its pricing structure in the U.S. beginning in 2017, which is good news for consumers. Nearly all of the vehicles in the Fiat lineup will see a price cut, and its cheapest model will now begin at under $15,000.
According to documents revealed by Automotive News, the most signifcant change will come in the base Fiat 500 Pop, which will now start at $14,995 for the “2017MY showroom” model, not including the $995 destination fee. That price signifies a $2,000 drop from the previous model year, which saw a starting MSRP of $16,995.
The 500C, on the other hand, will see a decrease of as much as $5,205 over the outgoing model year. Throughout the range, the convertible top will be a $1,495 option, including on the hotted-up 500 Abarth Cabrio, which will see a drop in price from $26,695 to $21,490, before shipping costs.
The price decline for 500 model leaves more room for the top-end 124 Spider, which has a starting price of just $24,995, and a top-end price of $28,195, not including shipping. With these changes, the entire lineup will have fewer trim levels and fewer instances of price overlap.
The price cut, Fiat hopes, will improve struggling U.S. dealerships which saw its sales slip to 42,410 last year, and show a 20 percent decrease through October. Models like the 500L and 500X were reportedly, "tripping over each other," said head of passenger car brand Tim Kuniskis. "The cannibalization between [500L and 500X] is very evident," he said. "We're not getting any new people in, and all we're doing is flip-flopping them between these cars."
Source: Automotive News