Little Car, Big Money: First Canadian Fiat 500 Brings In $85,000 At Auction

How much would you pay to lay claim to the first Fiat 500 delivered to your country? One eager Canadian managed to pony up a whopping $85,000 for that very honor.

We’ve already laid eyes upon the new special-edition Fiat 500 Prima Edizione model, which celebrates the car’s launch in North America. Although 500 examples will be sold in both the U.S. and Canadian markets, Chrysler donated the very first Canadian example to Toronto-based Villa Charities, which then auctioned the Fiat off.

Like other North American-spec 500s, the Prima Edizione is powered by a 1.4-liter inline-four-cylinder engine, which is mated to a five-speed manual transmission. Although normal 500s are available in a range of colors, all Prima Edizione examples will be painted white, red, or gray, and include special emblems inside and out. Options are limited to a sunroof and engine block heater — the latter possibly a worthwhile investment in some corners of Canada.

Fiat has yet to announce pricing for the little 500, but we expect the retro-shaped hatchback to sticker in the neighborhood of $20,000. If so, the winning bidder may have agreed to pay roughly four times the sticker price for this gem. On the plus side, the difference between the purchase price and the MSRP goes to charity (and is likely a tax write-off), and the buyer nets a scarce vehicle — we hear all Prima Edizione cars are already spoken for.

Source: Chrysler