Do you know when your tax is due? Our user profiles will remind you for FREE | No thanks

Future Classic Friday: Alfa Romeo 147

Published 09 March 2018

Winning the European Car of the Year award doesn't always mark a car out as something special - the Chrysler Alpine, Renault 9 and Peugeot 307 are clear examples of that. 

However, the 2001 winner was a popular choice among car enthusiasts. Alfa Romeo's new 147 was the family hatchback of choice for the nation's petrolheads, with styling from the 156's creator, Walter de Silva, a rewarding chassis and a beguiling engine note from its Twin Spark petrol engines (the JTD diesels, less so, but these at least filled a market requirement).

Indeed, European Car of the Year 2001 was one of 27 awards won by the 147, which also took Germany's coveted 'Golden Steering Wheel' and the pan-European Auto 1 award. The motoring media loved it...

That's hardly surprising, either, as it was a pleasure to drive. Eager, revvy, and with a sense of improved interior quality... that turned out not to be as good as the launch spec cars promised.

Alfa Romeo 147 (3)

But it was an Alfa Romeo, and that meant it was fundamentally flawed. Anyone who has owned (and inevitably loved) an Alfa will tell you this. The offset driving positon, clunky gearchange and slightly odd steering feel were matched by low-rent plastics and a distinct lack of ergonomic forethought. You couldn't, for example, eject a CD if there was a cup in one of the cup holders, which would seem pretty obvious to many. 

But it came with a level of charm and character not seen on any other car in its class.

It was enough for Alfa Romeo to sell more than 26,000 147s in the UK. Compared to the market-leading Ford Focus and Vauxhall Astra, the sales figures were a drop in the ocean, but by Alfa Romeo standards they were pretty good. However, the model suffered from typically poor residual values - an Alfa Romeo stigma that affects the UK market more than any other, and which makes them descend all-too-rapdily into the banger doldrums. And that, right now, is where the 147 sits. 

Only a third of the 147s sold in the UK are still registered, and of those the vast majority are teetering on the brink, with only the warm-hatch Q2 and full performance GTA attracting any kind of decent money. Both of those are on the way to becoming a future classic - but what of the more ordinary models?

Alfa Romeo 147 (1)

With plenty around from as little as £500 for something presentable, with a decent amount of MoT, they currently sit in the 'characterful banger' area of the market. Even at these prices, most are bought by enthusiasts, as the general public tend to live (irrationally, other than for the rather flaky Selespeed semi-auto) in fear of Alfa Romeos, and their reputation of old.

Is that fair? Well, maybe, maybe not. After all, it's hard to deny that a comparable Ford Focus or Vauxhall Astra will be easier and cheaper to own and run. Neither, though, has the pure heart and soul of an Alfa Romeo, and the 147 is currently one of the cheapest ways to experience that. 

It also looks like no other car on the road - it's sinewy curves and narrow lamp clusters helping it age well. Indeed, the pre-2004 non-facelift cars look more contemporary than later models when you see them in today's traffic.

The 147's time as a future classic will one day come. In some respects, it's there already, but only in the sense of a fun car to own that you don't mind chucking away once you've had your giggles. It like many of its peers, the 147 will only be appreciated once they've all but disappeared - at which point, those who remember the model with affection will start to recognise how good they were. See also: Alfasud

Alfa Romeo 147 (2)


Richard Abarth    on 9 March 2018

We had a 147 for 8 years until 2012, it was a wonderful car, probably the most underrated car out there.

Lovely to drive, lovely to look at (well, its an Alfa!) I disagree about the interior, If you have leather, its a lovely place to be and it held together.

I never understood why they put cup-holders in at all, its a car to be driven, not a drinks receptacle!

And it was reliable, no one believes me, but it was, although it needed to be looked after, but nothing broke, ever.

We have had 500 Abarths since 2012 & we're going to give it back, get a 147 (or a GT) and save for a deposit on a Giulia (or a Giulietta Veloce)

   on 11 March 2018

I have a 37,000 miles 1.6TS Lusso that drives like new. Lovely driving car and my old one 167,000 miles is still going strong too. I think I'll put the low mileage one away for 10 years or so and see if it's worth something because I tried to see the 37000 mile one recently (at a bargain price) and didn't get one call! They are both 2004

   on 14 March 2018

Had a 147 (07) plate. I liked it but it never really did anything for me in the way previous Alfas (a 164-my favourite-and a 156 fabulous-did). Might have been the colour, metallic grey with a black roof.

Add a comment


Ask Honest John

Amount to borrow
Sorry. The minimum loan amount is £1000
To pay back over

My credit score

Best available rate 9.20%

Total repayment £9,304.93

Total cost of credit £1,804.93


60 monthly payments

Apply now

Representative example

The Representative APR is 13.2% (fixed) so if you borrow £7,500 over 4 years at a rate of 13.2% p.a (fixed) you will repay £199.21 per month and repay £9562.20 in total.