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Smart ED – Click above for high-res image gallery

The second-generation Smart Fortwo Electric Drive (ED) is a limited (250 units available in the U.S.) test program model that Daimler will use to gauge consumer interest in battery-powered vehicles. Leasing the electrified Fortwo is costly, with payments ringing in at $599 a month for 48 months, plus $2,500 due at signing. Technically, the 2011 Smart ED is offered under the lease-only plan detailed above, but the automaker has listed its MSRP at $44,387.

Truth be told, we're not shocked by the Smart ED's lofty sticker price, nor are we put off by its astronomical lease rate. You see, this Fortwo ED is a limited run model and not a production electric vehicle.

But come January of 2012, the third-generation Fortwo electric, a production model, should hit the streets. By then, we'd hope that the automaker adjusts its pricing structure and offers the pint-sized electric at a more reasonable rate and, according to a report on Kicking Tires, a price drop seems to be part of Smart's plans.

Lessees of the second-gen Fortwo ED will be eligible to upgrade to Smart's electrified third-gen Fortwo when it hits the market and, unlike the automaker's current battery-powered hatch, the upcoming model will be offered for both lease and purchase.

Photos copyright ©2010 Sebastian Blanco / AOL

[Source: Kicking Tires]

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    • 1 Second Ago
      • 4 Years Ago
      Let's see:
      - $3+k higher MSRP than Volt
      - vastly higher lease rates than Volt / Leaf / Miev
      - less EV range than Leaf / Miev and no ER like Volt
      - 63 mph top speed vs 100+ mph in Volt, ~90 in Leaf
      - half the seats of Volt / Leaf / Miev
      - no cargo space

      It's things like this which show just how good of a value that the Volt / Leaf really are.
        • 4 Years Ago
        Smugness? Making a statement? *shugs*
        • 4 Years Ago

        *and* how bad of a value Smart offerings continue to be.

        Why do people buy Smart vehicles, again?
        • 4 Years Ago
        I think is it the best post. Smart epically failed here. The Smart car in general, was never a good idea. It's cheaper, and roomier competitors (Fiesta, etc.) also get better mileage. This proves again that Smart was never an attractive choice.
        • 4 Years Ago
        Y'know I just got out of my friends Smart, about 3 hours ago. And I like it...well except the fact that you an fit an Excursion within the Gaps between Gear changes. But if they fixed that issue with a new Gearbox they would've had a hit.

        It's Sturdy and I felt Safer in it than my parents Explorer Sport.
      • 4 Years Ago
      Please tell me that since this is a test program Daimler is going to pay people $599 a month to be their Guinea Pig. If that's the case, I'm willing to give one a try.

      If they expect me to pay that amount then I think I'll pass on the opportunity....lol
      • 4 Years Ago
      Smart cars? I thought they were Kias.
      • 4 Years Ago
      the fourtwo makes soooo much sense as an electric car - perfect solution for urbanites.
      I love seeing these parked in impossible spots in big cities.
      • 4 Years Ago
      $44K for that! They make me laugh!
      • 4 Years Ago
      So its sorta like Honda's Clarity car. You can't own it but you can lease it thats all. The price is really high though but I think we all know some silly rich people will buy these up like they would any form of "trinket" so show how "green" they are to their friends and co-workers.
      • 4 Years Ago
      Bravo, finally a good thing that should continue! them and people can come to their senses! so much trouble producing fuel in today's world ... let that be!
      • 4 Years Ago
      "Do you suffer from ED?" Seriously. Did no one at Smart think of this? Call it the "Innovative Drive" ID or just "Electric." Anything that doesn't make the public think of Viagra and a lack of a stiff chassis.