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What is the Fiat depreciation rate?
If I buy a Fiat, how fast will it depreciate over time? I know that some car brands lose their value fast, but I want to sell my car in a few years when I graduate and move to the city.
Liz Jenson · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Unfortunately, Fiats do depreciate fairly quickly.
On average, you can expect a Fiat to lose 35% to 50% of its value within the first five years of ownership. When you compare this to the national average of 40% depreciation within five years, it’s clear that Fiats lose a little more value over time than the average vehicle.
Some Fiats depreciate more slowly than others, though! The
Fiat 500L
, for example, has a five-year depreciation rate of just 28%!As you learn more about depreciation, why not learn about another important factor for ownership costs:
car insurance
? Don’t worry, it’s easy! Just use the Jerry
app, where you can see a personalized list of policy quotes in just 45 seconds. The average user saves over $800 per year.View full answer
- Gregory R.
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Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
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