The Fiat 500X: A Surplus of Inventory and Discounts Galore
Introduction
Fiat made the decision to discontinue the 500X in the United States after the 2023 model year. However, dealers are now facing the challenge of clearing out excess inventory, leading to significant discounts on this small crossover.
Inventory Surplus
Despite Fiat’s decision to end production, dealers still have 277 units listed as new and available. With more than seven months’ worth of supply on hand, Fiat is looking to move these vehicles off the lots quickly.
Sales Performance
In the first quarter, Fiat sold only 113 500X crossovers, averaging around 38 units per month. This slow sales pace has left dealers with a surplus that could last until 2025.
Discounts Available
Dealers are offering significant discounts on the Fiat 500X to attract buyers. For example, a 2023 Fiat 500X Pop is listed for $22,777, which is over $10,000 off its original MSRP of $32,930.
Deals and Bargains
Some dealers are eager to clear their lots and are offering even larger discounts. For instance, a dealer in Florida is advertising $7,000 off a 500X Pop, priced at $27,500. However, there are still vehicles listed at or slightly below MSRP.
Vehicle Features
The 2023 Fiat 500X came equipped with a turbocharged 1.3-liter four-cylinder engine producing 177 hp and 210 lb-ft of torque. It featured a nine-speed automatic transmission, all-wheel drive, heated front seats, and a 7-inch infotainment system with Android Auto and Apple CarPlay.
Conclusion
With an abundance of inventory and attractive discounts available, now may be the perfect time to score a deal on a Fiat 500X before they disappear from dealer lots for good.