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Fiat 500 is not only cute, but a good long-term deal

When Fiat unveiled the revamped 500 almost a year ago, the company said it hoped the car would be considered the “iPod of cars.” There’s one aspect of the iPod, though, that Fiat is probably glad they aren’t associated with: the products disposability. I mean, really, does Apple need to release a new version every other month?

Lucky for Fiat, “residual experts” say that the 500 will hold onto more of its value in three years than previously expected. Sure, the vehicle will still be worth less than half of what you paid for it today, but the experts say the value will be 46 percent of the original list price instead of the previously expected 42 percent. All the reasons for the change in prediction were not given, but one is that this is a stylish car that’s also pretty clean. Fiat’s announcement, pasted after the jump, says that small- and medium-sized companies like the 500 since “it offers drivers a high profile company car that is low on fuel use and CO2 emissions.” Sound like a better deal than having a dead iPod in 36 months.

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