Signed: New 2024 FIAT 500e INSPI(RED)—$16.25/base mo—27/7500—$1639 Single Pay (but really only $839 Single Pay*)

,

-27/7500
-53% residual ($18070.35)
-.00001 MF buy rate (single pay)
-$270 Stellantis Acquisition fee (SFS special)
-$799 Ridiculous VA doc fee (but whose complaining)
-PA registration/title not yet included, but it’s $100+/- (I eventually do this myself like I did my previous Audi etron GT RS I got from OH)

-$34095 msrp
-23.7% off dealer discount ($8096)
-45.7% total off with EV credit ($15956)
-$18499 net cap cost (Of note, according to the dealer, in order for SFS to fund the deal, the difference between the net cap and RV needed to be a minimum of $500, so the dealer ate the $71 bucks since we already negotiated the deal)
-$1639 single pay/$839 single pay (dealer refunded my AMEX $200 for some unknown reason??, and I’m not asking) and I got $600 Free2Charge credits*

I think I stole another one lol! Last summer it was the Porsche Taycan Cross Turismo 4S which I’m still very much enjoying, but I wanted a 3rd BEV (my wife has a BMW iX 50) as a winter beater—economy longterm airport parking car—city/town car.

Most of us know that the FIAT 500e does not stand out in any particular BEV criteria, other than being emasculating, small, sh!ty range, and slower than a 97yr old Italian Nonna traversing the Italian Dolomites in mid-August, but knowing this going in, and having realistic expectations, it’s actually been surprisingly good (thus far)…and let’s not forget, it’s $17/mo with tax!

Now, this deal was not negotiated at my local FIAT dealer. I began my casual search right before the Holidays, but then lost interest with relatively local dealers blowing me off. I resumed my search a few weeks ago and found a dealer in VA who was willing to play. They had 2 on the lot rotting (other one has since sold).

Long and short, yesterday I flew down from PA to NC (good ol’Frontier Airlines 1-way for $28 bucks!), rented a car to drive 1.5hrs up to the dealer in VA, spent less than an hour at the dealer, and then immediately drove the Spicy Meatball straight back close to 10hrs north to PA 400+ miles (and it felt like I made 400+ charging stops). I actually made 5 charging stops which was overkill, but bc of the limited range (141 miles in perfect conditions) and the winter cold, I didn’t want to chance it. The car performed flawlessly (albeit with a few annoying interior fit/finish rattles curtesy of Torino, Italy), as did all but the last charging stop which was only pulling an agonizingly slow 28kW. Nevertheless, the Cannoli made it home and just needs a good wash and protectant, applied by hand once it warms up here in PA. 25% tint is going on later this week.

Arrivederci my fellow Hackers!




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That little Italian(?) red demon parked in between those German BEV’s looks quite comical.

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@Benedetto found jeisens new clown car

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Nice hack! Personally I’d consider it a $1,439 one-pay which is still really cheap. How’s insurance?

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Yeah, I know, as I’m unlikely to use up all those $600 credits. And obviously the effective monthly is more than $16.25/mo when adding it all up

Insurance is 1/3 of what I pay on the Porsche and 1/2 on the BMW…only $500/yr

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those are really nice premium numbers!

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Not sure what I like more, the deal or the story of the deal. Spicy meatball, 97 yo Nonna, Cannoli … awesome

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Lol nice write up and amazing deal!

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Nice color. :it: Enjoy!

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Inglorious Basterds Ok GIF

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Thanks guys

I’m not sure what’s more impressive the deal or the garage layout! Well done on both fronts.

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Thanks, I did it myself years ago



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Mama Mia!! Now that’s a deal.

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Breaking news!!!
FIAT dealers don’t understand the avalanche of phone calls about 500e and $15/m lease deal.

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If everyone starts including their free charging in their effective monthly calculations, that would skew the numbers. $53.3/month effective sounds accurate and an amazing deal. Congrats!

Curious as to how you are calculating $16.25/month? (16.25*27 = $438.75 one pay)

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Nice One Thumbs Up GIF by MOODMAN

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That’s what I feel like when driving this hairdresser’s car! Lol

No, you’re right, but I didn’t add the $600 credits into the “monthly.”

However, unlike other manufacturers, such as with my BMW iX and previous VW ID4, where they include 2-3/yrs of free EA charging, you don’t know what that amounts to and you can only charge at EA. With these credits, I can charge at a variety of partners.

Nevertheless, the following were my calculations on how I structured the lease. I’m old school, and I’ve been calculating all my leases by hand for years

$34095 msrp
-$8096 dealer discount
=$25999 selling price
-$7500 EV rebate
=$18499
-$18070.35 (53% RV)
=$428.65/27 = $15.88

$18499 + $18070.35
=$36569.35 x .00001 MF
= $.37

$15.88 + .37
=$16.25 base monthly

$16.25 x 9% PA sales tax
=$1.46
$16.25 + $1.46
=$17.71 total monthly

$17.71 x 27 =$478.17
+$799 Doc
+$294.30 Acquisition w/PA tax
+$67.53 taxes
=$1639

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I’m surprised you didn’t apply for the additional $1k from PenFed…

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