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Old 02-02-2019   #16
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Re: 124 Spider over and out?

Seems to me Fiat always have a track record of knocking out nice cars, initial media storm, then goes quiet with the media adverts etc after a year in the showroom. Recently we have purchased an used approved Abarth 500, though I spent most of the time comparing a Fiat 124 and the Abarth 124, from what I saw was for a 6 month old ex demo there was barely £1500 between them, hence the abarth is heavily discountered. I do question where FCA are going, Alfa has issues as well with very aged models that just continue to have facelift. The new gulia model unless itís the Q.V. are not selling well as is not the Stelvio.
Saying that Maserati not doing great either, that new levante is a total flop.

We have had many Fiats since 1994, but for me there should be as many 124ís as MX5ís.

Personally I am seeking a Tipo SW T-jet but dealers can not confirm delivery on a new one and there are only 6 approved used ones, oldest being a 18 plate, what does that tell you...
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Old 02-02-2019   #17
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Re: 124 Spider over and out?

Quote Originally Posted by gar074 View Post
It doesn't bode well that they've been knocking out Abarths on PCH for under £200 per month, and that you can get £10k off the list price of a new one (albeit pre-registered). Will the 124 Spider go the way of the Barchetta, I wonder, where towards the end of its life you could pick up a new one for buttons, and secondhand prices went through the floor? I reckon values of the Abarth will hold up a bit better than the Fiat version longer-term, as it has a bit more cachet - and oomph - but the new, cheaper 180hp MX5 may kill off the new sales. (I was told that every Fiat dealer - including those who don't do Abarths - were allocated an Abarth 124 Spider. They don't seem to have sold many, hence perhaps the mega-deals at the moment).

As for looks, I think the 124 Spider looks odd at the front - those fish-like headlight lenses - and it's clumsy and heavy at the rear. They dismally failed to emulate the dainty proportions of the original 124 Spider imho. I think the mx5 is better resolved as a shape. But hey, horses for courses!

I'd hang on to the Boxster!
It's £199 a month but with nearly £4000 upfront. They were offering the Fiat version for £199 a month too, but with just £199 upfront. I've seen more 124's than I have new MX5's, so they couldn't be selling that badly, albeit with pretty strong promotions. They're not exactly volume models anyway, which made me wonder why (apart from Sergio insisting all Alfa's be made in Italy) they bothered badging them as Fiat/Abarth when they could've sold them as Alfa's with the price tag of the Abarth & probably shifted more.

I'd like to think that the Fiat version is temporarily stopped whilst they install the new FireFly engine, but seen as it's still available on Fiat.it I'm not 100% hopeful


Quote Originally Posted by FiatFleetFamily View Post
Seems to me Fiat always have a track record of knocking out nice cars, initial media storm, then goes quiet with the media adverts etc after a year in the showroom. Recently we have purchased an used approved Abarth 500, though I spent most of the time comparing a Fiat 124 and the Abarth 124, from what I saw was for a 6 month old ex demo there was barely £1500 between them, hence the abarth is heavily discountered. I do question where FCA are going, Alfa has issues as well with very aged models that just continue to have facelift. The new gulia model unless itís the Q.V. are not selling well as is not the Stelvio.
Saying that Maserati not doing great either, that new levante is a total flop.

We have had many Fiats since 1994, but for me there should be as many 124ís as MX5ís.

Personally I am seeking a Tipo SW T-jet but dealers can not confirm delivery on a new one and there are only 6 approved used ones, oldest being a 18 plate, what does that tell you...
Agreed re the first part. With the exception of the 500 range, Fiat seem to pull most of the advertising after the initial media storm. Alfa are struggling in the UK particularly, though with the Giulia/Stelvio I think that has a lot to do with the very thin and patchy quality of the dealer network across the Country. Advertising as always hasn't been amazing either, given the competitiveness of the cars. I've seen more Maserati Levante's than I have Stelvio's though, so that might be a geographical thing, as we've a lot more Maserati dealers in the South than you do in Scotland (and the North of England). It's not as good as Porsche, but it has more brand kudos and is cheaper, which might be enough for some people. They desperately need more new models though, as do all FCA brands.

With regards to the Tipo T-Jet SW, the lack of stock is probably because it's a slightly unusual choice - most SWs will sell in diesel form because it's a more economical load lugger. I have the hatch version of the T-Jet - performance is very good and I'm very happy with the Tipo generally, but it's barely got above 31mpg in the 3000 miles i've covered so far, so I'd go with the 1.6 Multijet if I were you. I would if I was choosing again.
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Old 02-02-2019   #18
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Re: 124 Spider over and out?

Mangoletsi had the Abarth 124 on a PCH for 5+23 @ £199 per month, so under £1000 up front. Admittedly that was for only 5k miles pa, but that would have suited me fine. IIRC, they were £240 per month for 8k miles. Arnold Clark had similar deals. And as you say, the Fiat version was available for even less.

FCA must have known since the launch that the Abarth 124 is uncompetitive at its list price. They offered a cut-price, pared-down Abarth Scorpione a while back. What's the betting that, having dropped the Fiat version, they'll introduce another cut-price Abarth. To avoid more humongous discounting, they'll surely have to cut the list price of the full-fat version too, or drop in a new, more powerful engine to compete with the MX5. (The MX5 GT Sport Nav+, which is more powerful than the Abarth, and much better spec'd as standard, is only just over £25k new, and available online for £21k).

As for the Giulia, my local Alfa dealer has a sad-looking maroon one (on puny 16" wheels ffs) in the showroom, with £10k off the list price.
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Last edited by gar074; 02-02-2019 at 23:19.
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Old 03-02-2019   #19
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Re: 124 Spider over and out?

Crikey, that's very cheap for the PCH deals then. I do wonder why FCA insist on pricing their stuff so high and then knocking thousands off, making the residual values look terrible in the process. Would've thought pricing more realistically to start with & only having to knock off a more modest couple of thousand would've been the way to go, but I'm pretty convinced the UK arm of it is run by muppets so I don't think a great deal of thought goes into it
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Old 03-02-2019   #20
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Re: 124 Spider over and out?

Another Abarth 124 deal has just popped up - 3x23 @ £234 for 8k miles. Blimey!

(Although that's for an auto and they probably all have Bose and Metallic, which will bump up the monthlies by a good few £££)

Just waiting for a ring-back...
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Old 03-02-2019   #21
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Re: 124 Spider over and out?

Quote Originally Posted by JTD_Liam View Post

With regards to the Tipo T-Jet SW, the lack of stock is probably because it's a slightly unusual choice - most SWs will sell in diesel form because it's a more economical load lugger. I have the hatch version of the T-Jet - performance is very good and I'm very happy with the Tipo generally, but it's barely got above 31mpg in the 3000 miles i've covered so far, so I'd go with the 1.6 Multijet if I were you. I would if I was choosing again.
Had a two Stilo MW mjet for 4 years each. Huge choice at the time, lots to test drive after 2 years after launch. Tipo SW been around since 66 plate, now two years along and at 68 plate less than a dozen UK wide. Stilo MW was an unusual choice for some, but was a keen car. I am sure the Tipo SW is as well. But in a t-jet format in lounge spec seems super rare. Would not have a diesel again, been there and lived with the problems twice, besides Diesel engine cars are in free fall at the moment as are residuals across the board, hence petrol for the time being is the way to go. I would have a 124 for sure, but I already have a sorted 20VT Coupe. I am not one for PCP, though the deals I see for a 124 are very tempting as a Fiat or Abarth badge on the bonnet.
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Old 03-02-2019   #22
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Re: 124 Spider over and out?

The best deals on 124s at the moment seem to be on a PCH (lease) rather than PCP, so no issues with balloon payments etc. As long as the total cost to lease over given period is less than what you'd lose in depreciation over the same period if you bought new, you're in clover (assuming that the alternative would be to buy new, of course.).

One of the things making me hesitate is that I already have a Barchetta, but I don't use it much anymore, other than for shortish local trips in the summer. I quite fancy the idea of the occasional top-down Grand Tour sur le continent before I'm too old and knackered to do it, but I'd be nervous about attempting that in the B.
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Old 04-02-2019   #23
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Re: 124 Spider over and out?

Quote Originally Posted by FiatFleetFamily View Post
Had a two Stilo MW mjet for 4 years each. Huge choice at the time, lots to test drive after 2 years after launch. Tipo SW been around since 66 plate, now two years along and at 68 plate less than a dozen UK wide. Stilo MW was an unusual choice for some, but was a keen car. I am sure the Tipo SW is as well. But in a t-jet format in lounge spec seems super rare. Would not have a diesel again, been there and lived with the problems twice, besides Diesel engine cars are in free fall at the moment as are residuals across the board, hence petrol for the time being is the way to go. I would have a 124 for sure, but I already have a sorted 20VT Coupe. I am not one for PCP, though the deals I see for a 124 are very tempting as a Fiat or Abarth badge on the bonnet.
I think the key is the engine. There were probably a lot of Stilo MultiWagon's around in diesel form but not many in petrol. With the Tipo SW, of 77 SWs available nationally on AutoTrader, 47 are diesel and 30 are petrol, so the balance isn't too bad but I suspect because of it being a price-focussed model, the majority of the petrols are the cheaper 1.4 normally aspirated with the rest being diesel. There are a few T-Jets as you say, but despite the massive negative press surrounding diesel they still make sense in certain types of cars like estates and SUVs so that's probably why there are more diesel Tipo SWs. Ultimately that's the issue we face when buying from the used market.


Quote Originally Posted by gar074 View Post
The best deals on 124s at the moment seem to be on a PCH (lease) rather than PCP, so no issues with balloon payments etc. As long as the total cost to lease over given period is less than what you'd lose in depreciation over the same period if you bought new, you're in clover (assuming that the alternative would be to buy new, of course.).

One of the things making me hesitate is that I already have a Barchetta, but I don't use it much anymore, other than for shortish local trips in the summer. I quite fancy the idea of the occasional top-down Grand Tour sur le continent before I'm too old and knackered to do it, but I'd be nervous about attempting that in the B.
Would the 124 be replacing the Panda or as well as? Might be a bit of a compromise to have two convertibles if the Panda was going? If the Panda's staying go for it I'd say!
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Old 04-02-2019   #24
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Re: 124 Spider over and out?

The Panda's staying. I need it for the winter (we're along an isolated farm track that gets tricky in the wet, and is a major challenge if there's any snow). The problem with keeping the B as well is less down to cost - it owes me nothing, and the insurance is under £100 pa - and more down to storage. I wouldn't want to keep a convertible outside, and I haven't got room in the garage for 2 (well, not without throwing out a lot of stuff, including the ride-on!)

Decisions...
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Old 04-02-2019   #25
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Re: 124 Spider over and out?

Quote Originally Posted by gar074 View Post
The Panda's staying. I need it for the winter (we're along an isolated farm track that gets tricky in the wet, and is a major challenge if there's any snow). The problem with keeping the B as well is less down to cost - it owes me nothing, and the insurance is under £100 pa - and more down to storage. I wouldn't want to keep a convertible outside, and I haven't got room in the garage for 2 (well, not without throwing out a lot of stuff, including the ride-on!)

Decisions...
Hmm. It's obviously an itch that you need to scratch, although the 124 will be around for a while I imagine (at least the Abarth one), whereas Barchetta's are a rare car now - once you've got rid of it it's gone, so I'd want to be 100% sure that I'm happy with that prospect first. Maybe wait a month or so & get a 124 just before the good weather should start (and when dealers should be falling over themselves for a deal for end of Q1), then you could leave it outside over the summer whilst getting used to it. If you decide to keep it then you could work out a plan of action like selling the Barchetta or clearing the garage. But if you decide it's not all it's cracked up to be then you could get rid and still have the Barchetta - obviously the former is a better outcome financially!
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Old 05-02-2019   #26
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Re: 124 Spider over and out?

Sage advice!
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Old 05-02-2019   #27
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Re: 124 Spider over and out?

I kind of feel sorry for the current owners of the new 124 Spider. I looked many times at this car but it was not for me of my wife. No offence meant but not as cute as the old Barchetta which we have, and in comparison quite a large car. Also some of the ergonomics (e.g. handbrake height) were not ideal. Nothing wrong but not quite the shoe fit for our f(l)eet.

My concern for the owners is that Fiat have a long track record or parts supply issues with those lesser sold models. Often the killer items come down to not basic mechanical parts, as these are often common with other vehicles, but in the body interior and exterior trim departments.

My suggestion is that if you have one of these new 124 models and plan on keeping it for a long time (5 to 10 years+) then if it is a specially badged version (e.g. Spider 124 Deluxe …. I've not followed the marketing versions) then you may want to want to start acquiring some of those "my model specific" bits and bobs.
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Old 06-02-2019   #28
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Re: 124 Spider over and out?

It does look like the UK 124 has now gone - it might come back but I think with the recent sales success of Abarth they will just stick with that.


Reason PCP's have been low is because you pay for the depreciation, and 124's hold their money.


Cheapest way to own a 124 however by my calculations was an outright purchase, taking the generous discounts on offer.
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Old 07-02-2019   #29
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Re: 124 Spider over and out?

FCA must be giving the dealers some hefty financial support on the 124 Spider for those cheap PCH and PCP deals. The residuals only look good if you calculate them on the discounted price, not the RRP. I mean, a brand new £33k Abarth 124 for only £21k? Sheesh!

But as you say, the good news for those buying outright is that it will probably still be worth around £16k in 2 years, so 'only' £5k depreciation, not £17k, and longer term its rarity value should help to keep the residuals up.
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Old 08-03-2019   #30
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Re: 124 Spider over and out?

I have been rooting for the 124 Spider and Abarth version since it was introduced here in the States. Unfortunately the sales figures here have plummeted and Fiat is in deep trouble. This may be the last year of Fiatís existence in the USA and that makes me very sad.
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