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29/08/2008

Downsizing trends

Changes in Fiat values gives clues to wider market sentiment

Fiat is currently performing better than a host of other carmakers in the used car market, helped greatly by the current trend to downsize.

Motorists are seeking to reduce their motoring costs, and Fiat has benefited more than many rivals because a significant proportion of its current model range is comprised of small, fuel-efficient vehicles.

Fiat is particularly well-placed within the current market because the majority of its more recent offerings are in the small car sector. The Punto and Panda have clearly been on used car buyers’ shopping lists, especially now perceived value-for-money is having a greater influence over purchasing decisions.

The 500 also enjoys continued success, and those few examples which have found their way onto the used car market are in high demand, with prices not falling far behind list.

However, sales of Fiat’s larger models are also following the wider market trend. With consumers preferring smaller vehicles, interest in Bravo has been disappointing, and those looking to sell or part-exchange a Ulysse MPV will find its value has fallen sharply over recent months.