The pricing structure of the new Fiat 500 intends not only to provide the UK market with an outstanding value for money Italian icon but offer the inbuilt opportunity for wide-ranging customisation.

After much speculation, prices have finally been announced for Fiat's all-new 500 supermini ahead of its launch in the UK from January next year. The pricing structure intends not only to provide the UK market with an outstanding value for money Italian icon but offer the inbuilt opportunity for wide-ranging customisation.

Aimed at undercutting its class rivals, the simple pricing structure allows for the speccing of a higher trim or engine upgrade for £1,400, with the £10,700 1.3 and 1.4 unit vehicles featuring alloy wheels and air conditioning as standard.

Models will be available in three trim guises - Pop, Sport and Lounge - and priced from £7,900 on the road for the entry-level 1.2-litre 'Pop'. The remainder of the 65 hp 1.2 units are priced at £9,300 in 'Sport' and 'Lounge' guise, while further 'Pop'-specced 500s featuring more powerful engines will also be priced from just over nine thousand pounds. A third pricing tier, with higher-specced Sport and Lounge trims, features the 75 hp 1.3-litre MultiJet turbodiesel and 100 hp 1.4-litre petrol unit for £10,700.

'Pop' entry-level vehicles feature safety features including anti-lock brakes and five airbags, power steering and radio/CD/MP3 player, with stylish exterior additions including colour-coded bumpers and chrome door handles. A glass sunroof, metallic paint and parking sensors are all on the extensive options list.

The 'Sport' and 'Lounge' models, which carry a £1,400 premium over their 'Pop' counterparts, offer a host of standard equipment, including the Blue & Me hands-free media system, air con and 15-inch alloy wheels. Exclusive to Sport-specced models is a sports interior, tinted rear windows and new rear roof spoiler, while Lounge models are treated to a split folding rear seat and a fixed glass roof.

The 500 hits showrooms from January 2008 and will be distrubuted via Fiat's 162 UK dealerships. See Press Release for further details.

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New Fiat 500 Pricing Announced (UK)