2016 Fiat Tipo wearing 1.3Multijet diesel premiere in Italy, costs 15,500 euros image

The all new Fiat Tipo has proved highly successful at home in Italy where it quickly rose the ranks to become the bestselling car in the country.

And the budget sedan is keeping things interesting thanks to the recent introduction of the 1.3-liter Multijet II 95 HP version – the engine version has been tipped to make part of the range since the model was announced but now we also know the pricing information. The Tipo range can be had in Italy from as low as €12,500, but of course the diesel will be commending a premium and it has been priced from €15,500. By the way if you’re looking for comparisons we can tell you that while boasting the space of a compact sedan the Tipo is actually the cheapest Fiat you can buy with this engine version – a cool 600 euros less than the Fiat 500. True, the Panda comes with the same engine and is even cheaper but this one only has 75 horsepower under the hood.

The Fiat Tipo with the 1.3-liter Multijet II 95 has a fuel economy of 4.1l/100 km and the similarly sized Skoda Rapid Spaceback will have a sticker price of €19,780 if going for the 1.4-liter TDI engine mated to a five-speed manual. Performance wise, the new Tipo version can reach 100 km/h (62 mph) in 11.7 seconds and will not stop until it reaches 180 km/h (112 mph). And probably the best thing about the Tipo is that mammoth-sized trunk that can engulf 520-liter worth of luggage in one take.