The generation 843 Lancia Ypsilon (often considered the 2nd or 3rd generation depending on the inclusion of the Y10) is a premium city car based on the Fiat Punto II (188) platform. Launched in 2003, it stands out with its neo-retro design, luxurious finishes (Alcantara, leather, B-Colore two-tone paint), and chic positioning. A facelift took place in late 2006, bringing slight aesthetic tweaks (white taillights, new bumpers) and the integration of the Blue&Me multimedia system. Although very attractive, it suffers from a few chronic flaws inherited from the Fiat parts bin, notably the Dualdrive electric power steering and the sensitivity of its 1.3 Multijet diesel engines to exclusively urban use.
The Lancia Ypsilon (843) is a city car full of charm that makes for an excellent low-priced used buy, provided you choose the right engine. Regarding the Diesel (1.3 Multijet): Although it is the focus of many searches for its fuel efficiency, it is to be avoided if you mainly drive in the city. The clogging of the EGR valve, the blocking of the FAP (on post-2006 versions), and above all the fragility of the timing chain (due to oil degradation by regeneration cycles) make it a risky choice on the used market, unless the maintenance history is flawless (strict annual oil changes) and the vehicle has been driven on the highway. The best choice: Without hesitation, favor the 1.2 or 1.4 FIRE petrol engines. They are almost indestructible, very inexpensive to maintain, and perfectly suited to the car's urban vocation. Regardless of the model, it is imperative to check the proper operation of the electric power steering (a chronic issue of the Fiat group from this era).
| Oil change | £70 – 130 |
| Timing chain | £650 – 1 200 |
| Clutch | £750 – 1 400 |
| Complete brakes | £280 – 550 |
| Estimated annual budget | £550 – 1 100 |
Indicative estimates (independent garage, UK market). Prices vary by region and year.