Of the engines the 1.2-litre petrol offers the best tax bet. The car doesn’t go on sale until January and so will quickly fall into the new 10% tax bracket due in April 2008 with its 119g/km CO2 rating. The 69PS unit is very sluggish, though – the 75PS 1.3 diesel is the more responsive and a much more solid driving experience (as should be the 100PS 1.4 too).

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The big unknown six months from UK launch are costs. In Italy the car has just gone on sale ranging from 10,500-14,500 Euros (£7000-£10,000), but expect UK prices to start at £9500 and half-decent spec cars – Lounge and Sport – to cost £10,000 upwards. Yes, the car gets seven airbags as standard, Euro5-compliant engines and an expected 5-star NCAP crash safety rating, but other specification is likely to be low, with Fiat playing the Mini card of endless optional customisation from a superb range of exterior body stickers to changeable keyfob covers that match the car’s exterior.

With a car as well-designed as the 500, promised quality levels higher than Fiat has ever offered, plus a five-year, 500,000km (310,000 miles) warranty expected to come to the UK too, very few drivers will care about the compromises – they’ll just want one.

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