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Old 11-29-2007, 01:18 PM   #1 (permalink)
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Lease a Smart Car

What is everyones thoughts about leasing a Smart?

In 2006 Mercedes-Benz Canada offered leases for the Smart Pure coupe. It came with air conditioning available for $192.00 per month for 39 months, with a down payment of $1,522.00 plus first monthly payment and security deposit of $210, plus taxes due at lease inception.



They also offered a $2000 ecoAuto rebate.

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Old 11-29-2007, 01:24 PM   #2 (permalink)
 
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Smart Lease Programs

In 2004 when DaimlerChrysler first presented the Smart Car to the Canadian market that the Smart ForTwo officially came to North America. I do not forsee any lease programs for a long time.

But that seems like a good deal?
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Old 11-29-2007, 01:28 PM   #3 (permalink)
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I'm hoping for a lease program just because of the two year warranty; I'd rather lease for two years and see how the car holds up. Hopefully the lease price will be better than what's quoted above.
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Old 11-29-2007, 01:40 PM   #4 (permalink)
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To pay over nine grand in lease fees for a $12K car doesn't seem like a very good deal to me. You nearly pay for it, but don't ever own it? No thanks.
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Old 11-29-2007, 01:49 PM   #5 (permalink)
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I don't think the 06 Canadian Pure was a $12K car; maybe someone from up north can illuminate this issue.

Found it: retail was $ 16,700 Canadian dollars

Last edited by jwight; 11-29-2007 at 01:51 PM.
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Old 11-29-2007, 02:08 PM   #6 (permalink)
 
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I might well be interested in a lease partly due to the short warrenty period and the unknowns surrounding a first model year. It will of course depend on the terms vs. a purchase.
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Old 11-29-2007, 05:52 PM   #7 (permalink)
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Quote:
Originally Posted by jwight View Post
I don't think the 06 Canadian Pure was a $12K car; maybe someone from up north can illuminate this issue.

Found it: retail was $ 16,700 Canadian dollars
Ah, that makes more sense. If you're pressed for cash, and believe as I think will happen - and the residual value will stay up fairly high, then leasing might work out okay.

That being said, I still would prefer to own my car - things change, stuff happens. Been there, done that.
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Old 11-29-2007, 06:23 PM   #8 (permalink)
 
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Will a eco auto rebate be available in the US? as a tax incentive or are we a milligram heavy on the carbon output?
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Old 11-29-2007, 07:39 PM   #9 (permalink)
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Unless you are one who needs to keep up with the Jones', leasing ANY CAR is the dumbest thing anyone can do. JMHO......
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Old 11-29-2007, 08:04 PM   #10 (permalink)
 
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Unless you are one who needs to keep up with the Jones', leasing ANY CAR is the dumbest thing anyone can do. JMHO......
I don't know, I shot a tv set with a deer rifle once...
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