Abarth 124 vs MG MG3

What's the difference?

When you take on a classic you’d better get it right.

Which is why, back in 2016, when Fiat released a new 124, many an eyebrow was arched.

The original was an icon from the late 1960s, the golden age of roadsters. Styled by Pininfarina, it also oozed Italian swagger and, to top it off, its double overhead cam engine (modern at the time) helped introduce a swathe of innovations to the Italian automotive scene.

Even 50 years later, those old boots were looking awfully hard to fill, and the complexity and demands of today’s economy had Fiat working with Mazda to use its MX-5 chassis and Hiroshima manufacturing facilities to get it right.

A travesty? To some, maybe. But the MX-5 once aimed to emulate cars from the original 124’s golden era, and was a runaway success since, arguably making few missteps.

Thus, the apprentice has become the master. So, does today’s 124, which we only get in angry Abarth spec in Australia, bring something different to the ultra-refined roadster formula in 2019? Is it more than just a badge-engineered MX-5?

I took an Abarth 124 – the latest Monza limited edition – for a week to find out.

A number of established small cars are becoming more expensive and less popular. The Toyota Yaris, Mazda2 and Suzuki Swift were once the go-to first car, but now start at around $25,000.

This repositioning was great for MG and its sub-$20,000 MG3, which has spent much of the last few years as Australia's most popular light car. It’s hard to deny a low price will open many wallets.

But now in its new generation, the MG3 is thousands of dollars more expensive than before, starting in the mid-$20K range and headed even further up with a new hybrid drivetrain option. We jump in the base petrol Excite to find out if the value is still there for this British-branded, Chinese-built hatchback.