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The Fiat 500 is a cheap car for the masses. It competes with the Ford Fiesta, Renault Clio and other B class hatchbacks. A Fiat 500 can be had from £10,900 to £15,000 in the U.K. while the Ford Fiesta starts at just over £13,000 and can be optioned up to £20,000.

The Abarth 595 is also competitive with B class hot hatches such as the Fiesta ST, Polo GTI, Renault Clio Sport, etc.

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The 500 is 'A class', the 500L is the 'B class'. The 500L is the one made in Serbia, again not brilliant for keeping Italian people gainfully employed on the production line. There are people selling the cars and fixing them in Italy so there is some economic utility there, however, manufacturing matters, just ask Donald Trump.

The 500 is designed with the female buyer in mind. The colours and retro-styling suits this audience and makes it a 'designer' car. If it looked like a Dacia Sandero and was priced accordingly then it would be a 'cheap car for the masses'.

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