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2016 FIAT 500 Overview, Reviews, Ratings & Specs

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Jovan | March 31, 2025
The 2016 FIAT 500 is a retro-styled, Italian city car that draws heavily on the original 1957 Cinquecento. It's available as a hatchback and a convertible (500c). Model years for this generation span from 2012 onwards. Key trims include Pop, Easy, Lounge, and Abarth. Expect a pricing range from around $16,000 new to significantly lower on the used market. Its iconic design, nimble handling, and fuel efficiency make it popular.
The Good

The 2016 FIAT 500 offers a distinctive, head-turning design that appeals emotionally. Practically, it boasts excellent fuel efficiency, making it an economical choice for city driving. The Abarth trim provides a fun, sporty driving experience. While not the most spacious, it's easy to park and maneuver in tight spaces.

The Bad

The 2016 FIAT 500's weaknesses include a cramped rear seat and limited cargo space. Reliability can be a concern, so careful inspection and maintenance records are crucial. The base engine can feel underpowered, and the automatic transmission isn't as engaging as the manual. The ride can be firm, especially on rough roads.

2016 FIAT 500: Quick Overview

  • Engine Options:
    • 1.4L MultiAir Inline-4 (Pop, Easy, Lounge): 101 hp
    • 1.4L Turbocharged MultiAir Inline-4 (Abarth): 160 hp
  • Horsepower:
    • 1.4L: 101 hp @ 6500 rpm
    • 1.4L Turbo: 160 hp @ 5500 rpm
  • Fuel Economy (EPA Estimated):
    • 1.4L (Manual): 31 mpg city / 40 mpg highway
    • 1.4L (Automatic): 24 mpg city / 34 mpg highway
    • 1.4L Turbo (Manual): 28 mpg city / 34 mpg highway
  • 0-60 Times:
    • 1.4L: Around 10.5 seconds
    • 1.4L Turbo (Abarth): Around 7.0 seconds
  • Towing Capacity: Not recommended or rated for towing.
  • Trim-Level Features:
    • Pop: Standard features include air conditioning, power windows and locks, a six-speaker audio system, and a USB port.
    • Easy: Adds alloy wheels, upgraded cloth upholstery, and satellite radio.
    • Lounge: Features leather upholstery, automatic climate control, and a fixed glass roof.
    • Abarth: Includes a turbocharged engine, sport-tuned suspension, performance exhaust, sport seats, and unique exterior styling.

2016 FIAT 500 Specifications

Vehicle Information
Year 2016
Make FIAT
Model 500
Trim -
Style 5-Speed Manual
Type Convertible
Category Subcompact Car
Manufacturing Details
Made In Mexico
Manufacturing City TOLUCA
Dimensions
Doors 2-Door
Curb Weight 2424 pounds
Gross Vehicle Weight Rating 3300 pounds
Overall Height 59.80 inches
Overall Length 139.60 inches
Overall Width 64.10 inches
Wheelbase Length 90.60 inches
Standard Seating 4
Engine & Performance
Engine 1.4-L L-4
Engine Size 1.4L
Engine Cylinders 4
Transmission 5-Speed Manual
Transmission Type Manual
Transmission Speeds 5-Speed
Drivetrain Front-Wheel Drive
Additional Features
Anti-Brake System 4-Wheel ABS
Steering Type Rack & Pinion
Pricing
Manufacturer Suggested Retail Price (MSRP) $21,345
Invoice Price $20,928
Delivery Charges $995

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What Problems Does the 2016 FIAT 500 Have?

Frequently reported problems for the 2016 FIAT 500 include issues with the electrical system, particularly with the infotainment system and power windows. Some owners have reported problems with the MultiAir actuator, which can affect engine performance. Transmission issues, both manual and automatic, have also been noted, including rough shifting or slipping.

Recalls for the 2016 FIAT 500 have addressed issues such as potential fuel leaks, which could increase the risk of a fire. Other recalls related to airbag deployment and brake system malfunctions have also occurred, though these may not be specific to the 2016 model year and could affect a broader range of FIAT 500 vehicles.

Long-term reliability can be a concern, as FIAT 500 models tend to require more frequent maintenance and repairs compared to some of its competitors. Regular servicing and addressing issues promptly are essential to maintain the vehicle's longevity. Checking the vehicle's history for previous recalls and repairs is highly recommended before purchasing a used 2016 FIAT 500.

How long will the 2016 FIAT 500 last?

With proper maintenance, a 2016 FIAT 500 can reasonably be expected to last for 150,000 to 200,000 miles or 10-13 years. However, consistent adherence to the recommended maintenance schedule is crucial. Owners who neglect maintenance may experience more frequent breakdowns and shorter lifespans.

Long-term durability weaknesses often revolve around the electrical components and the MultiAir system. Rust can also be a factor, especially in regions with harsh winters and salted roads. Regular rustproofing and undercarriage washes can help mitigate this issue.

What Technology & Safety Features are Included?

The 2016 FIAT 500 comes standard with basic tech and safety features. The Pop trim includes a six-speaker audio system with a USB port and auxiliary input. Higher trims like the Easy and Lounge add features such as satellite radio and Bluetooth connectivity. The Uconnect infotainment system, though not the most advanced, provides basic functionality.

Driver-assistance features are limited. Rear parking sensors were available as an option. Standard safety features include antilock brakes, stability control, and a suite of airbags. A rearview camera was not standard.

Crash-test ratings from the IIHS (Insurance Institute for Highway Safety) and NHTSA (National Highway Traffic Safety Administration) vary. The FIAT 500 has received mixed ratings in various crash tests. It's important to check the specific ratings for the 2016 model year on the IIHS and NHTSA websites for the most accurate information. Optional features included premium audio systems and upgraded interior trim. A sunroof was available on some trims, offering an open-air driving experience.

What Colors Options are Available?

Exterior Colors
Rosso (Red)
Bianco (White)
Grigio (Gray)
Nero (Black)
Giallo (Yellow)
Celeste (Light Blue)
Interior Colors
Nero/Tessuto Nero
Rosso/Tessuto Nero

2016 FIAT 500 Prices and Market Value

The 2016 FIAT 500 had a starting MSRP of around $16,995 for the base Pop trim. Higher trims like the Lounge and Abarth commanded higher prices, reaching upwards of $25,000 when new. On the used market, prices vary widely depending on condition, mileage, and trim level, ranging from approximately $6,000 to $14,000.

The FIAT 500 depreciates relatively quickly. Factors affecting resale value include the car's condition, mileage, service history, and trim level. Abarth models tend to hold their value better than base trims. Low mileage and a clean title are crucial for maximizing resale value.

2016 FIAT 500 Cost of Ownership

The 2016 FIAT 500 is generally economical to own. Insurance costs are typically lower than average due to its small size and relatively low horsepower (excluding the Abarth). Fuel economy is excellent, contributing to significant savings. However, maintenance and repair costs can be higher than some competitors due to the FIAT's European origins and potential reliability concerns. Long-term ownership costs are moderate, but preventative maintenance is key to avoiding expensive repairs.

2016 FIAT 500 Fuel Efficiency

Fuel Type Gasoline
Fuel Capacity 10.50 gallons
City Mileage 31 miles/gallon
Highway Mileage 40 miles/gallon

2016 FIAT 500 Safety Rating

IIHS
Roof Strength Test Results Good
Rear Crash Protection/Head Restraint Ratings Good
Small Overlap Front Test Results Poor
Moderate Overlap Front Test Results Good
Side Impact Test Results Good

2016 FIAT 500 Recalls & Defects

Power Train:manual Transmission
Recall date 2016-05-16
Recall no. 16v302000
Source NHTSA
Summary Chrysler (Fca US Llc) IS Recalling Certain Model Year 2012-2016 Fiat 500 Vehicles Manufactured June 21, 2010, Through January 12, 2016, Equipped With A Manual Transmission. THE Clutch Diaphragm Spring MAY Fracture and Fail, Causing AN Inability TO Switch Gears.
Consequence IF THE Clutch Diaphragm Spring Fails, THE Driver MAY NOT BE Able TO Shift Gears or THE Vehicle MAY Lose Motive Power, Increasing THE Risk OF A Crash.
Remedy THE Remedy FOR This Recall Will Include THE Installation OF A Clutch Pedal Limiter and A Clutch Pedal Switch. THE Recall Began ON November 10, 2016. Owners MAY Contact Chrysler Customer Service AT 1-800-853-1403. Chrysler's Number FOR This Recall IS S34.
Notes Owners MAY Also Contact THE National Highway Traffic Safety Administration Vehicle Safety Hotline AT 1-888-327-4236 (Tty 1-800-424-9153), or GO TO Www.safercar.gov.
Tires:temporary/Emergency Spare Tire
Recall date 2016-09-15
Recall no. 16v667000
Source NHTSA
Summary Chrysler (Fca US Llc) IS Recalling Certain Model Year 2016 Fiat 500 Vehicles Manufactured June 11, 2015, TO July 27, 2016. THE Tire Placard ON THE Affected Vehicles Lists A Tire Inflation Pressure FOR THE Spare Tire That Exceeds THE Maximum Pressure Listed ON THE Sidewall. AS Such, These Vehicles Fail TO Comply With THE Requirements OF Federal Motor Vehicle Safety Standard (Fmvss) Number 110, "tire Selection and Rims."
Consequence IF THE Spare Tire IS Used While Overinflated, THE Tire MAY Suddenly Fail, Increasing THE Risk OF A Crash.
Remedy Fiat Will Notify Owners, and Dealers Will ADD AN Overlay ON THE Tire Placard TO THE Correct Tire Inflation Information, Free OF Charge. THE Recall Began October 25, 2016. Owners MAY Contact Chrysler Customer Service AT 1-888-242-6342. Chrysler's Number FOR This Recall IS S69.
Notes Owners MAY Also Contact THE National Highway Traffic Safety Administration Vehicle Safety Hotline AT 1-888-327-4236 (Tty 1-800-424-9153), or GO TO Www.safercar.gov.
Equipment:other:labels
Recall date 2016-09-15
Recall no. 16v667000
Source NHTSA
Summary Chrysler (Fca US Llc) IS Recalling Certain Model Year 2016 Fiat 500 Vehicles Manufactured June 11, 2015, TO July 27, 2016. THE Tire Placard ON THE Affected Vehicles Lists A Tire Inflation Pressure FOR THE Spare Tire That Exceeds THE Maximum Pressure Listed ON THE Sidewall. AS Such, These Vehicles Fail TO Comply With THE Requirements OF Federal Motor Vehicle Safety Standard (Fmvss) Number 110, "tire Selection and Rims."
Consequence IF THE Spare Tire IS Used While Overinflated, THE Tire MAY Suddenly Fail, Increasing THE Risk OF A Crash.
Remedy Fiat Will Notify Owners, and Dealers Will ADD AN Overlay ON THE Tire Placard TO THE Correct Tire Inflation Information, Free OF Charge. THE Recall Began October 25, 2016. Owners MAY Contact Chrysler Customer Service AT 1-888-242-6342. Chrysler's Number FOR This Recall IS S69.
Notes Owners MAY Also Contact THE National Highway Traffic Safety Administration Vehicle Safety Hotline AT 1-888-327-4236 (Tty 1-800-424-9153), or GO TO Www.safercar.gov.
Power Train:manual Transmission:floor Shift Assembly
Recall date 2019-07-03
Recall no. 19e044000
Source NHTSA
Summary Dlt, Llc. IS Recalling Certain Cravenspeed Fiat Short Shifter Shafts Sold FOR USE IN 2011-2019 Fiat 500 Vehicles. THE Shifter Shaft MAY Have Been Improperly Manufactured With A Through Hole FOR THE SET Screw Rather Than A Blind Hole, Which MAY Lead TO THE Breakage OF THE Shifter Shaft.
Consequence IF THE Shifter Breaks While THE Vehicle IS IN Motion, IT CAN Increase THE Risk OF A Crash.
Remedy DLT HAS Notified Owners, and Will Provide A Complete Replacement Shifter Assembly With AN Updated Shaft, Free OF Charge. THE Recall Began July 24, 2019. Owners MAY Contact DLT Customer Service AT 1-503-505-6886.
Notes Owners MAY Also Contact THE National Highway Traffic Safety Administration Vehicle Safety Hotline AT 1-888-327-4236 (Tty 1-800-424-9153), or GO TO Www.safercar.gov.
Tires:pressure Monitoring and Regulating Systems
Recall date 2024-06-25
Recall no. 24v474000
Source NHTSA
Summary Chrysler (Fca US, Llc) IS Recalling Certain 2014-2019 Fiat 500 Vehicles. THE Tire Pressure Monitoring System (Tpms) Warning Light MAY NOT Illuminate AS Intended. AS Such, These Vehicles Fail TO Comply With THE Requirements OF Federal Motor Vehicle Safety Standard Number 138, "tire Pressure Monitoring Systems."
Consequence A Tpms Warning Light That Fails TO Illuminate CAN Result IN THE Vehicle Being Driven With Improperly Inflated Tires, Increasing THE Risk OF A Crash.
Remedy Dealers Will Reprogram THE Tpms Electronic Control Unit Module, Free OF Charge. Owners Were Mailed July 11, 2024. Owners MAY Contact FCA US, LLC Customer Service AT 1-800-853-1403. FCA US, Llc's Number FOR This Recall IS 80b.
Notes Owners MAY Also Contact THE National Highway Traffic Safety Administration Vehicle Safety Hotline AT 1-888-327-4236 (Tty 1-800-424-9153), or GO TO Www.safercar.gov.

2016 FIAT 500 Warranty

Basic
Original warranty 48 months / 50,000 miles
Estimated remaining Expired
Powertrain
Original warranty 48 months / 50,000 miles
Estimated remaining Expired
Rust
Original warranty 144 months / unlimited miles
Estimated remaining 36 months / unlimited miles

2016 FIAT 500 Insurance

Insurance for a 2016 FIAT 500 is moderately priced, reflecting its status as a Convertible with strong safety ratings and
reasonable repair costs.

How Does the 2016 FIAT 500 Compare to Other Convertible?

The 2016 FIAT 500 competes with vehicles like the Mini Cooper, Mazda MX-5 Miata (for the 500c Abarth), and Scion iQ. In terms of performance, the Abarth trim offers a sporty driving experience comparable to the base Mini Cooper. However, the base FIAT 500 lacks the performance of the Mini Cooper.

Feature-wise, the FIAT 500 offers a unique retro aesthetic, but its infotainment system and available technology are less advanced than the Mini Cooper's. The Scion iQ, while smaller, offers similar city-friendly maneuverability.

Reliability is a significant concern for the FIAT 500, often lagging behind the Mini Cooper and other competitors. Repair costs can also be higher. Price-wise, the FIAT 500 is typically more affordable than the Mini Cooper, especially on the used market.

Alternatives to the 2016 FIAT 500 include the Honda Fit for practicality and reliability, the Mazda3 for a more engaging driving experience, or a used Mini Cooper for a balance of style and performance, provided reliability isn't a primary concern. For a similar retro style and better reliability, consider a newer VW Beetle (though production ceased).

Ranks #167 Convertible

1 2005 Toyota MR2 Spyder (0.0★)
2 2015 Lexus IS (0.0★)
3 2009 Honda S2000 (4.0★)
4 2023 Mazda MX-5 Miata RF (4.0★)
5 2023 BMW 8 Series (0.0★)
6 2021 Ford Mustang (5.0★)
7 2020 Mercedes-Benz SL-Class (0.0★)
8 2023 Audi S5 Sportback (0.0★)
9 2023 Ferrari F8 Spider (0.0★)
10 2023 Porsche 718 Boxster (4.0★)
11 2021 Jeep Compass (5.0★)
12 2019 Buick Cascada (0.0★)
167 2016 FIAT 500 (0.0★)

Final Verdict: Is the 2016 FIAT 500 a Good Convertible?

The 2016 FIAT 500 is ideal for city dwellers seeking a stylish, fuel-efficient, and easy-to-park vehicle. It's a good choice for individuals or couples without significant cargo needs.

Whether it's worth buying depends on your priorities. If style and affordability are paramount, a used FIAT 500 can be a good option. However, be prepared for potentially higher maintenance costs and carefully inspect the vehicle's history. The Abarth trim is worth considering for those seeking a more engaging driving experience. Buying new is generally not recommended due to depreciation; a well-maintained used model offers better value.

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Jovan

Jovan specializes in interpreting vehicle records and making sense of VIN data. With over 10 years of experience in the automotive data industry, his work ensures that every report is clear, accurate, and useful for car buyers.