Fiat 147 Found in Perfect Condition After 35 Years

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The automotive market always surprises us with incredible stories and discoveries, but in 2022 a true rarity appeared to change expectations of what we can expect from the automotive past. The story you are about to learn is about a Fiat 147 manufactured in 1987, found in zero kilometer state and with less than 1,000 km on the odometer. The story of this car goes beyond the simple discovery of an old model, it is a true journey through time, an opportunity to observe how durable and precious old cars can be when well maintained.

The Surprising Find

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Imagine you are browsing through social media and come across a post from rarity hunters on Instagram. They reveal a photo of a Fiat 147 covered in a thick layer of dust, but still in impeccable condition. What draws the most attention, besides the lack of signs and the brightness of the original plastics on the seats, is the fact that the odometer brand only 702 km. That's right, a car of more than 35 years old with virtually no use. But how was this possible? The answer lies in the story behind this find.

O Fiat 147, despite being manufactured in 1987, was found in a farm in the province of Santa Fe, in Argentina, where it remained stored for more than 35 years, abandoned and unused. The model, which was already without nameplates, he had original plastic on the steering wheel, dashboard and seats. No wear or rust. O red body tone was still intact, as if the car had left the factory at that moment. The engine needed cleaning and a general overhaul, but nothing serious. This unexpected find is a rare example of what happens when a car is kept in ideal storage conditions for many years.

The History of the Fiat 147

In Brazil, the Fiat 147 was released on July 9, 1976, there is almost 46 years old. With the name of Fiat 127 in the original Italian version, it would become a landmark in the Brazilian automotive market, especially for being the first Brazilian car with an engine 100% alcohol. Produced in Betim factory (MG), the model featured a series of innovations for the time, such as its engine 1,100 cc allied to a 4-speed manual transmission.

The decision of the Fiat producing the 147 in Brazil was strategic, as the Brazilian market was looking for a compact, economical and affordable car that could meet the needs of a new middle class that was on the rise in the 1970s. Fiat 147 perfectly met these needs. Furthermore, it was the precursor of a new era of cars in the country, inaugurating a series of changes that would influence the future of the automotive market.

Although it was produced until 1987, the Fiat 147 was quickly replaced by Fiat Uno in 1984. However, during its production, the 147 managed to leave a significant mark, with more than 1.5 million units sold in Brazil. Its simplicity, combined with a compact design, made it a perfect car for Brazilian cities, especially for those who needed a vehicle with low maintenance costs.

O Fiat 147 Spazio in Argentina

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Now, if we turn our attention to Argentina, where the story of this even rarer specimen unfolds, we will see that the Fiat 147 was produced by Sevel (company responsible for manufacturing automobiles in the country) until 1996. In 1984, a new version of the model was launched with the name Space.

O Fiat 147 Spazio was a more sophisticated version of the original model, bringing aesthetic and mechanical changes. While the Brazilian model had simple headlights and taillights, the Space It was equipped with more modern headlights and taillights, as well as revised bumpers. This version also had a more refined interior finish, with better materials and a more contemporary appearance for the time.

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The version Space It was also more powerful, with engine options of 1.1 and 1.3 liters, which offered the Argentine consumer a stronger car option with improved performance. During its production, the Space was also offered with a version diesel, a growing demand in Argentina in the 80s and 90s.

Furthermore, the Sevel mounted the Fiat 147 in other Latin American countries, such as Colombia, Uruguay It is Venezuela, being a very popular entry-level model at the time. This was before the creation of the Mercosur, when barriers to importing vehicles into the region were still high, which meant that many cars were produced locally to meet domestic demand.

What Makes a Classic Car Valuable?

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The case of Fiat 147 found in Argentina is a perfect example of how a classic car can be more than just an old model. There are several factors that make a vehicle like this a true rare jewel and that attract collectors and enthusiasts from all over the world. Let's explore these factors and understand what makes a car like this so valuable.

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  1. Low Mileage: One of the most important factors in evaluating a classic car is the mileage. Cars with less than 1,000 km, like the Fiat 147 found, are extremely rare. The less a car has been used, the more it can maintain its originality and mechanical condition.
  2. Conservation: Vehicle preservation is essential. In the case of this Fiat 147, the fact that the car had been stored in a warehouse for over 30 years without suffering significant damage was a big difference. absence of rust and the almost intact state of the plastic and of the painting make this model something exceptional.
  3. History: The story behind each classic car also plays a crucial role in its value. Fiat 147 has a rich history in Brazil and Argentina, and its place in the evolution of the automotive market makes it an icon. The fact that it was Made in Argentina and never having been sold until the time of discovery adds a layer of mystery and rarity to its history.
  4. Restorability: Cars like the Fiat 147, which only need one cleaning and review, are highly valued in the classic car market. The possibility of restoring a car with few modifications and maintaining its originality is something that many collectors seek.

The Classic Car Market in 2025

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The market of classic cars in 2025 continues to grow, with collectors and enthusiasts willing to invest large amounts of money in historic vehicles. Models such as the Fiat 147, especially those found in zero kilometer state, can reach impressive values. Although it is difficult to predict the exact value of a model like this, a car with such characteristics can be valued at around R$ 60,000 to R$ 80,000, depending on demand and state of conservation.

Furthermore, the growing appeal for old vehicles in Brazil and Latin America, especially in markets such as Argentina and Brazil, makes this type of discovery even more significant. Fiat 147 may become, in the future, one of the most sought after models among classic car collectors, especially with the increase in historical value that he represents.

Conclusion

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The discovery of Fiat 147 in brand new condition is one of those stories that make us believe that the world of classic cars still has a lot to offer us. In 2025, we are witnessing a comeback of classic cars vintage, and this Fiat 147 is a real rare jewel which will likely see an increasing trajectory of appreciation in the coming years. If you are a collector or just a classic car enthusiast, this story is proof that even after decades, cars like the Fiat 147 continue to surprise and fascinate the automotive world.

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