Fiat 500 electric running costs
Low prices and zero-emission running make the electric 500 an incredibly cheap car to run – for private buyers and company-car drivers alike
|Insurance group||Warranty||Service interval||2020/21 company-car tax cost|
|TBC||3yrs / unlimited miles||TBC||£0|
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. Its low list prices draw you in, but the strong kit list on mid-range cars make it an attractive proposition to live with in the long-term, too.
Those lucky enough to have access to a 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.
Exact insurance groups and servicing costs for the electric 500 haven’t been revealed just yet, although we expect these to be comparable to those of the Fiat’s closest rivals; insurance on electric cars is occasionally more expensive, but servicing costs should be reduced.
Fiat 500 insurance group
Insurance groups for the new electric Fiat 500 haven’t yet been announced. However, we expect it to sit on par with rivals like the MINI Electric and Honda e in this regard.
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.
Being pure-electric, the Fiat 500 is exempt from annual vehicle excise duty (VED, commonly known as road tax), and escapes low-emission zone charges like the London Congestion Charge. Its zero-emissions status also makes it an incredibly affordable company car.
In This Review
- 1VerdictThe iconic Fiat 500 city car has gone electric-only in its latest incarnation – and it’s better than its petrol predecessor in every way
- 2Range, battery & chargingThere are two batteries to choose from, with the larger 42kWh model beating both the Honda e and MINI Electric for driving range
- 3Running costs - currently readingLow prices and zero-emission running make the electric 500 an incredibly cheap car to run – for private buyers and company-car drivers alike
- 4Electric motor, drive & performanceEasy, quick and and comfortable, the latest Fiat 500 ticks a lot of boxes. It’s more adept at motorway driving than you might imagine, too
- 5Interior & comfortMid-range electric Fiat 500s come with a good list of standard equipment, and while there are some cheaper materials in some areas, on the whole the electric hatchback feels well built
- 6Practicality & boot spacePoor practicality is the Fiat 500’s biggest downfall, due to its cramped rear seats and tiny boot, whichever model you go for
- 7Reliability & safetyAs this is Fiat’s first pure-electric model, it’s hard to comment on the latest 500’s reliability