In-depth reviews

Fiat 500 electric running costs, insurance, warranty & tax

Zero tailpipe emissions and low insurance ratings make the electric Fiat 500 an incredibly cheap car to run – for private buyers and company-car drivers alike

Overall rating

4.5 out of 5

Running costs & insurance rating

5.0 out of 5

£22,714 - £29,714
Fuel Type:
Insurance groupWarrantyService intervalAnnual company-car tax cost
15-213yrs / unlimited milesTBCFrom £95 / £190

It doesn’t matter if you’re a private buyer or a company-car driver: few models will be as cheap to run as the electric Fiat 500. It's not as cheap to buy outright as it once was, but the strong standard equipment list makes it an attractive proposition.

Those who can choose a 500 on their company-car scheme could save thousands of pounds in Benefit-in-Kind (BiK) company-car tax versus a comparable petrol supermini, while the ability to charge up at home overnight will see your fuel bills plummet.

Fiat 500 insurance group

The currently unavailable entry-level Action version of electric 500 hatchback is rated in group 15 for insurance, with the more expensive trim levels sitting in groups 16 and 17. The fabric-roof Cabrio, meanwhile, is in groups 19 to 21. In comparison, the Honda e – another style-conscious, city-focused electric car – lands in the much higher 25-29 insurance groups.


The electric Fiat 500, like most models in the manufacturer’s range, comes with a three-year/unlimited-mileage warranty. This is par for the course in this area of the market; it's matched by both the Honda e and MINI Electric's guarantees. Fiat also covers the 500’s battery for eight years or 100,000 miles, whichever comes sooner.


Service intervals for the electric Fiat 500 haven't yet been revealed, although we’d naturally expect it to require maintenance less frequently than the petrol model, as it has fewer moving parts. Don’t let this be too much cause for concern – as detailed above, the 500 is covered by a comprehensive warranty.

Road tax

As an electric car, the Fiat 500 is currently zero-rated for vehicle excise duty (VED, commonly known as road tax) and will escape the London Congestion Charge until 2025. As noted above, its zero-emissions status also makes it an incredibly affordable company car.

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