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I well remember how guilty and splurgy I felt when I bought this car seven years ago. Yet it turned out to be one of the best financial decisions I ever made, because it has kept my cost of transportation very low.
The base price was $14,995. The total sticker price plus a destination charge and $250 extra for the ivory seats came to $16,240. But I didn’t pay that much. The dealer gave me a too-good-to-turn-down discount because Americans won’t buy Fiats, and this one had been on the lot for a while. In fact, Fiat stopped selling the Fiat 500 in North America after the 2019 model year.
Americans prove over and over again that they clueless and foolish in pretty much every way. Most people want enormous SUVs. The average price for vehicles sold at present in the U.S. is just under $50,000. The average amount that Americans spend on gasoline each year is more than $2,700. In some states, such as Wyoming, the average is considerably higher — $3,300 a year. Many households have two cars, and 22 percent of American households have three or more cars. Americans don’t like to ask themselves how much they can afford to pay for transportation. Consequently they don’t have much money left over for buying eggs.
I can’t tell you how many times someone sees the Fiat and says, “Fix it again, Tony.” Probably once upon a time Fiats deserved their reputation for not being reliable. But automobile manufacturing is much, much better these days, largely thanks to robotics and much better machining. Most Americans don’t know that the Italians are superb automotive engineers. The Italians also have a flair for style — and fun — in automobile design that seems to have vanished in many places.
In seven years, my Fiat 500 has had to go in for repairs twice. In year four, a speed sensor failed in the front left wheel. Fiat fixed that under warranty. Last year, the service engine light came on with a complaint about the electronic throttle. That turned out to be a known software issue for which Fiat had issued a service bulletin. The dealership reflashed the PCM, which cost me $100. I don’t mind that, because I assume it means that my Fiat now has the latest version of the Fiat software. Other than that, at 42,000 miles, I’ve never had any trouble.
The engine and transmission are silky smooth. In fact the Fiat 500 handles like a sports car. People ask me if I feel safe in such a small car. I feel as safe in the Fiat as I do in any car. I also believe, because I’m a good and careful driver, and because the Fiat is far more maneuverable that heavy vehicles, that I can evade accidents that heavy vehicles would not be able to evade. I have done many quick stops for squirrels, including a few quick stops in which I had to both brake and swerve. The Fiat goes where I point it, stops quickly, and doesn’t threaten to roll over — though a swerving quick stop is always, in any vehicle, a dangerous maneuver.
My average is about 48 miles per gallon. The photo below shows pretty much the maximum mileage the Fiat can achieve. The 70.5 mpg figure is from a 12-mile trip on a flat highway, mostly in fifth gear, at about 50 mph. The mileage rating on its window sticker was 31 city and 38 highway. One would have to be a terrible, terrible driver to get gas mileage that low.
Before the Fiat, I had Mercedes Smart Cars. Trump types were incredibly rude to such a small car. Once, in rural Tennessee, a pickup truck ran me off the road in the Smart Car. Trump types are not as aggressive toward the Fiat as they were to the Smart Car. But when I have a heavy truck or SUV right on my bumper when I’m driving exactly on the speed limit, I pull over as soon as possible and let the idiots pass.
My car looks like a mouse. That does not embarrass me.