Fiat’s new 500 supermini will be priced from £7,999 OTR when it goes on sale in the UK in January.

At the top end of the range, a highly specified version with a larger engine costs £10,700, which includes air conditioning and alloy wheels as standard.

Customers can choose from three Euro V compliant engines: 69bhp 1.2-litre and 100bhp 1.4-litre petrol, or 75bhp 1.3-litre MultiJet turbodiesel. There are also three different trim levels Pop, Sport and Lounge.

Standard equipment in the entry-level Pop includes ABS anti-lock brakes with EBD, driver, passenger, side and driver’s knee airbags, radio/CD/MP3 player, power steering, electric mirrors, colour coded bumpers and chrome-plated door handles. The options list includes ESP, glass sunroof, metallic paint and parking sensors.

Sport and Lounge versions start at £9,300, while specifying a larger engine in any trim level adds £1,400. Standard equipment on both Sport and Lounge versions includes the Microsoft Blue & Me hands-free media system, air conditioning and 15-inch alloy wheels. Sport specification includes a rear roof spoiler, fog lights, sports interior and dark tinted rear windows, while Lounge trim includes a split, folding rear seat and fixed glass roof.

Elena Bernardelli, marketing director, Fiat Group Automobiles UK, said: “There has been widespread speculation about Fiat 500 prices this year and we’re delighted now to be able to reveal them.

“We wanted to create a classless car for everyone, that was not just about being a well-known badge, and with this pricing structure I believe we have introduced a model to the UK that will be within the reach of a wide range of customers.”

The Fiat 500 goes on sale through Fiat’s 162-strong UK dealer network in January.

On-the-road pricing for the range is as follows:

  • Click here to see the full Fiat 500 gallery.