Last summer, during Cash For Clunkers, Smart USA offered what sounded like a good deal: buy a Fortwo for just $99/month. Of course, that low price wasn't quite as good as it sounded. Now, the Penske Automotive brand is trying a new deal to get people into the tiny city cars: a $169 per month lease program.
The brand's first national lease lasts for 36 months and also requires $999 down and a $595 acquisition fee. All told (before taxes), this means you get a Fortwo for three years for $7,678, about half of what it would cost to outright buy the vehicle. The deal is available until the end of February at all 77 smart dealers in the U.S. When we spoke with new Smart USA president Jill Lajdziak during the Detroit Auto Show, she said that a message about the brand's lifestyle statement would sell cars. Smart sales dropped 41 percent in 2009 in the U.S.
The brand's first national lease lasts for 36 months and also requires $999 down and a $595 acquisition fee. All told (before taxes), this means you get a Fortwo for three years for $7,678, about half of what it would cost to outright buy the vehicle. The deal is available until the end of February at all 77 smart dealers in the U.S. When we spoke with new Smart USA president Jill Lajdziak during the Detroit Auto Show, she said that a message about the brand's lifestyle statement would sell cars. Smart sales dropped 41 percent in 2009 in the U.S.
[Source: Automotive News – sub. req.]
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