New Seller: 1970 Fiat Nuovo 500L – SOLD!
August 6, 2021 Update – we confirmed the latest seller of this rare in the US Fiat “Classifind” deleted their listing, so we’re now able to call this one “SOLD!” While this one got away, please reach out either by email or call us directly if you’d like to be informed when we come across something similar.
July 29, 2021 Update – The Internet and Guys With Rides never forget. Long time Guys With Rides followers may recall us tracking the sale of this rare-in-the-US 1970 Fiat 500. Apparently, the seller we had been tracking did in fact sell the car in April for no more than $6,900. Fast forward three months and we just noticed the car for sale again by that buyer. The key clue is the new seller stating, “Had it for a few months, but I think its time I part with it.” This time around though, the new seller is asking $8,000 Firm. The ask roughly covers the cost of what they paid for the Fiat plus sales tax and registration. If you missed out on this car the first time around and still want it, you now have all of this information in hand to make an informed purchase.
April 2, 2021 Update – while the seller of this Fiat “Classifind” deleted their listing, given their past history we suspect may not actually be sold yet. For now, we’re labeling this ride “Sold!” However, we will keep an eye out for an updated listing.
March 15, 2021 Update – A friend of the owner just posted a new listing for this Fiat with a new lower price of $6,900.
March 10, 2021 Update – The private seller just reduced their asking price by another $300 down to $7,500. This is now offered at a price you will very likely at least break even on if you decide to sell it later.
March 1, 2021 Update – The private seller just reduced their asking price by another $200 down to $7,800.
February 19, 2021 – We first came across this rare-in-the-US Fiat in early December, the private seller made it sound like their car was a daily driver for $7,500 firm. Unfortunately, in their latest listing, they indicated they used this car for advertising in front of their now-closed Staten Island restaurant. The private seller now has this COVID Cuomo casualty listed for $8,000.
January 7, 2021 Update – We just confirmed the Craigslist ad for this ride expired. With no replacement listing found, we’re assuming this car sold.
December 7th Update – The private seller of this tiny Fiat appears to be very motivated to sell it and just reduced their asking price by $400 down to $7,100 just several days after first listing it for sale.
Cinquecento. Not only the Italian word for the number “500,” but it is also the brand name for one of Fiat’s most iconic cars. Fiat replaced the equally iconic Topolino (Italian for “Little Mouse”) with the 500 in 1957 and subsequently produced its diminutive four-seat, rear-engined city car through 1975 over a single generation. While the 500 proved to be an enormously practical vehicle with great sales throughout Europe, its tiny size and complete lack of power made these a very rare sight on American roads outside of major cities when new.
One of the few places in the U.S. the 500 likely made sense as a daily driver was in New York City, so we’re not surprised to come across this white driver-quality, 1970 Fiat Nuova 500L originally listed in November 2020 on Craigslist Staten Island, New York. Said to be a driver-quality car that “could use a paint job”, the current caretaker now has their 500 listed for $8,000 firm. Interestingly, the Hagerty Insurance Online Valuation Tool confirms the ask is $2,400 less than this guide’s current #4 “Fair” (Daily Driver) estimate of $9,900. With Hagerty’s #2 “Excellent” appraisal of these cars currently at $25,700, there’s a strong probability to still be in the green if you decide to restore this Fiat. Are only caution before buying this car is to thoroughly inspect the underside to ensure the “small rust spot” isn’t something structural and much bigger lurking underneath.
Here’s the seller’s description:
“Must sell the car runs and drive it could use a new paint job and small rust spot on driver’s side, the price $7500 is firm I paid $11,500 4 years ago!
Restore or drive as-is: what would you do with this 500 Nuovo? Comment below and let us know!