• Feb 19th 2011 at 5:54PM
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Smart Fortwo ED – Click above for high-res image gallery

Last Monday, Penske and Smart jointly announced that their relationship would soon come to a halt. Within a few months, Penske will hand over distribution rights, management, sales and marketing duties for Smart in the U.S. to Mercedes-Benz USA. Penske's departure has reportedly led to the end of the Smart-Nissan collaboration, but word is that the Fortwo Electric Drive (ED) model will, at least for now, be unaffected by the handoff.

Mercedes-Benz spokesman Geoff Day told Green Car Advisor that, for now, Smart's plan to lease 250 Fortwo EDs at a price of $599 a month (plus $2,500 due at signing) for 48 months wil continue. However, Day added that once the transition is complete and Penske no longer controls Smart, the team put in place by Mercedes-Benz, "may review those plans."



Photos copyright ©2010 Sebastian Blanco / AOL

[Source: Green Car Advisor]


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    • 1 Second Ago
  • 10 Comments
      • 4 Years Ago
      @marcopolo,

      Very little difference between the LEAF and Smart price? LEAF $349 a month, Smart $600. Only a $250 per month difference plus more up front on the Smart and an extra year required on the lease. For the LEASE price of the Smart you can buy a LEAF cash and be ahead after the rebates!
      • 4 Years Ago
      !! I was thinking that the Smart for two's lease was novating. (no more to pay, you buy the car for $1 at the end of term)'

      This would price the little beast at about $32,000.

      Surely, no one would pay more!
      • 4 Years Ago
      That is way to expensive and they are talking about a lease not even a buying it at that price.

      This pricing just put the axe on the Smart. One less to look at when I buy my electric car next year.
      • 4 Years Ago
      $599 a month plus $2500 at signing, for 48 months, for a golf cart with a roof.

      Wow. There must be some really gullible people in the world.

      No one can be this stupid.
        • 4 Years Ago
        There are big differences between "a golf cart with a roof" and the Smart Fortwo ED, in terms of performance, range, and safety. With a well designed LiIon battery the Smart has much more power and energy, enough for freeway speeds, and with a strong safety cage frame the Smart does surprisingly well in a crash.

        Still, the lease price is rather high, the Leaf gives much more for less money.
        • 4 Years Ago
        Come on now, the numbers of that lease deal made me spit out my coffee.
        • 4 Years Ago
        Very little difference in price between the little Smart for Two and the Nissan Leaf.

        Who would buy a Smart?

        Well there must be a market since quite a number of gas versions have been sold.

        But it still baffles me why anyone would really bother to produce such a vehicle.
      • 4 Years Ago
      !! ??? I was thinking that the Smart for two's lease was novating. (no more to pay, you buy the car for $1 at the end of term)'

      This would price the little beast at about $32,000.

      Surely, no one would pay more!
      • 4 Years Ago
      The Chevy Volt has a much better lease deal as well: same amount down ($2500) and $350 a month for 36 months. The only sane reason to get this "Smart" car is if one lived in an area with really bad parking.
        • 4 Years Ago
        True about the parking, but how do you charge the damn thing if you have no designated place to park it?
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