Fiat has recently announced a fixed-term price reduction on their 500e La Prima models, effective until September this year. In light of this, we took the initiative to investigate how this pricing shift might impact the used car market, particularly for existing petrol Fiat 500. Also, what it could mean for Fiat 500 in Car Auctions in Australia?
Typically, when there’s a price drop on a model with consistent supply, we expect the impact to trickle down to the used car market, especially for identical or closely related variants.
However, in the case of the Fiat 500e, that doesn’t appear to be happening. As of 30 July 2025 at 11:27 AM, there are no 500e units listed in auction yards across Australia. If you explore Fiat 500 in Car Auctions in Australia, you can find 8 between ACT, NSW, QLD, Vic. All of them are internal combustion engine (ICE) variants, ranging from model years 2009 to 2015. Get a report or subscribe to our portal.
Given that Fiat ceased importing petrol-powered 500s into Australia from 2024, supply is now limited. Combined with the model’s niche appeal and “cult-like” following among city car enthusiasts, this recent EV price reduction is unlikely to significantly affect the pricing of petrol-powered used variants in the short term.
When buyers see significant price drops in a particular model, they often assume other vehicles within the same brand lineup will also be affected. While this isn’t always accurate, the perception alone can influence behaviour particularly at auctions. As a result, auction buyers may bid more conservatively on Fiat 500 in Car Auctions in Australia, anticipating broader value drops. If you’ve been considering acquiring one of these vehicles, either for dealership stock or personal use, now may be a good time to test the waters and explore potential bargains.
Also, before bidding, our regular checklist applies and remember, not all cars of same make and model will be of same value.
Disclaimer: This is not financial advice. Please exercise your own judgment when placing bids or making purchasing decisions. Our insights are based on research drawn from multiple reputable automotive and news sources. If you ever come across discrepancies or have feedback, we welcome it , we’re committed to continuously refining and improving our approach.
At Wholesale Console, we’re passionate about car auctions. Our mission is to provide clear, data-driven insights into the automotive auction landscape across Australia helping dealers and buyers make smarter decisions.
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