FIAT 500 (2001)
Running costs, reliability data, and common problems from 31 real MOT tests.
Annual Cost
£2,757
£230/month
MOT Pass Rate
81%
Good
Road Tax
£760
Based on CC/year
Insurance
Grp 35-50
4995cc Petrol
Solid Option
81% pass rate, £2757/year to run. Close to the national average.
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Annual Running Costs
~30 mpg
Based on 4995cc
Based on 7,400 miles/year (UK average), current fuel prices, and repair likelihood from MOT data. Insurance not included.
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Reliability Verdict
Good reliability. Occasional issues but generally solid. That's close to the national average of 82%.
At 25 years old, 81% of FIAT 500s from 2001 passed their MOT first time in 2026. That's based on 31 tests across the UK. The average mileage at this age is 34,363 miles.
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How Does It Compare?
Mileage Analysis
34,363
Average miles
185,000
Expected for age
The average 2001 FIAT 500 has 34,363 miles on the clock, which is significantly below the expected 185,000 miles for a 25-year-old car. Low-mileage examples may have spent time sitting unused, so check for issues like corroded brakes or perished rubber seals.
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Best Year to Buy?
The most reliable year is the 2021 model with a 93% MOT pass rate, while the 2007 model has the lowest at 72%. The 2001 sits between the two at 81%.
FIAT 500 by Year
| Year | Pass Rate | Tests | Avg Mileage | |
|---|---|---|---|---|
| 2021 | 93% | 195 | 18,379 mi | |
| 2020 | 92% | 7,732 | 23,865 mi | |
| 2019 | 90% | 31,868 | 27,173 mi | |
| 2018 | 86% | 40,756 | 33,498 mi | |
| 2017 | 83% | 39,899 | 40,199 mi | |
| 2016 | 80% | 56,821 | 45,258 mi | |
| 2015 | 78% | 69,392 | 51,933 mi | |
| 2014 | 78% | 73,839 | 58,446 mi | |
| 2013 | 78% | 63,361 | 63,074 mi | |
| 2012 | 76% | 51,956 | 68,150 mi | |
| 2011 | 75% | 36,701 | 72,823 mi | |
| 2010 | 73% | 39,852 | 77,223 mi | |
| 2009 | 72% | 38,991 | 82,820 mi | |
| 2008 | 72% | 23,228 | 86,722 mi | |
| 2007 | 72% | 241 | 89,332 mi | |
| 2001 | 81% | 31 | 34,363 mi |
Similar Cars to Consider
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About the 2001 FIAT 500
The 2001 FIAT 500 is a performance with a 4995cc petrol engine. 31 of these vehicles were MOT tested in 2026, making it a rare model on UK roads. It ranks in the top 21% of all 2001 cars for reliability.
With an average of 34,363 miles at 25 years old, FIAT 500 owners tend to use this car less than the typical driver. Very low mileage could mean the car has been garaged or used only for short trips, which can cause its own issues like battery drain and moisture buildup.
2001 FIAT 500 Fuel Costs
The 4995cc petrol engine is on the larger side, so fuel won't be this car's strong point. Expect around 30 mpg in mixed driving, which works out to roughly £1,592 per year at current petrol prices of 142p per litre (based on 7,400 miles per year).
What does it cost to own a 2001 FIAT 500?
Total estimated annual running cost is £2,757 (£230/month), broken down as £1592 fuel, £760 road tax, £55 MOT, and £350 predicted repairs. Repair costs are moderate, reflecting the 81% pass rate. Keeping on top of servicing will help avoid surprises.
FIAT 500 Reliability Trend
Newer FIAT 500s show better MOT pass rates than older ones, with an average improvement of 11 percentage points.
Buying a Used 2001 FIAT 500
At 25 years old, the FIAT 500 is firmly in budget territory. Purchase prices are low, but check for rust, worn suspension bushes, and electrical gremlins. A full service history is especially valuable at this age. If you're flexible on year, the 2021 model has the highest pass rate at 93%. Note: with only 31 tests in our data, these figures should be treated as indicative rather than definitive.
Common Issues to Watch For
Based on the 2001 FIAT 500's fuel type, age, and engine size, these are the most likely problem areas to check.
Timing Chain / Belt
Watch outAt 25 years old, check whether the timing belt has been replaced (typically due every 5-7 years or 60,000-100,000 miles). A snapped belt can destroy the engine.
Oil Consumption
Medium riskLarger petrol engines can develop higher oil consumption as they age. Check the oil level and look for blue smoke from the exhaust.
Rust and Corrosion
Watch outAt 10+ years, check wheel arches, sills, subframe, and brake lines for rust. Structural corrosion is an MOT failure. Prevention is far cheaper than repair.
Suspension Bushings
Watch outRubber suspension bushes harden and crack with age, causing knocking noises and vague handling. A full refresh costs £300-£800 depending on the car.
Service History
Low riskAlways request a full service history. Regular servicing is the single best indicator of how well a car has been maintained, regardless of mileage.
Running Costs Compared
How the 2001 FIAT 500 stacks up against similar cars for annual running costs, insurance, and tax.
| Car | Pass Rate | Fuel/yr | Tax/yr | Insurance | Total/yr |
|---|---|---|---|---|---|
| FIAT 500(2001) | 81% | £1592 | £760 | Grp 35-50 | £2757 |
| MERCEDES SL(2003) | 86% | £1592 | £250 | Grp 35-50 | £2247-£510 |
| MERCEDES CLK(2000) | 81% | £1592 | £250 | Grp 35-50 | £2247-£510 |
| MERCEDES ML(2003) | 74% | £1592 | £250 | Grp 35-50 | £2397-£360 |
| TVR CHIMAERA(1999) | 88% | £1592 | £250 | Grp 35-50 | £2247-£510 |
Estimates based on 7,400 miles/year, current fuel prices, and MOT data. Insurance groups are indicative. Actual costs vary by driver, location, and usage.
Related Fiat Models
Explore other Fiat cars or similar models in the same category.
FIAT 500X
2016 · 1598cc Petrol
FIAT PANDA
2009 · 1248cc Petrol
FIAT PUNTO
2007 · 1368cc Petrol
MERCEDES SL
2003 · 4966cc Petrol
MERCEDES CLK
2000 · 5439cc Petrol
MERCEDES ML
2003 · 4966cc Petrol
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