Smart, maker of tiny, Euro-style automobiles, has a new leasing campaign that ties in with the “cash for clunkers” sales-boosting program that will go into effect this summer. With a combined mpg rating of 36 mpg, every Smart car qualifies for the program, if your current car gets worse than 18 mpg.
And who could argue with a $99 a month lease payment? That’s what Smart is offering: $99 a month for 36 months if you use the $4,500 cash for clunkers government rebate when you buy your new ForTwo. The potentially icky part of the deal is the $6,667 balloon payment due at the end of the lease. Dave Schembri defended the balloon payment industry outlet Automotive News by saying it’s in line with the kind of financing offered by Smart’s parent company, Daimler AG.
Image by Kristen Hall-Geisler for GoodGreenCars.com.
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