Smart financing?

[Calab]

Just curious if Smart offers low interest financing on their cars similar to what Toyota does.

Having the lowest price doesn't mean much when you add a couple thousand in interest charges!

[jwight]

Not sure what would be available in Canada; have you tried the smart Canada site? So far the best rates in the US seems to be from credit unions.

smart USA - open your mind to the car that challenges the status quo

[Karl Roth]

You need to shop for money like everthing else. Pay yourself while you are waiting for the car and you will have at least a good downpayment.
You need to look for the best deal. The dealer beat my credit union you have to look.
karl

[Calab]

Originally Posted by Karl Roth

You need to shop for money like everthing else. Pay yourself while you are waiting for the car and you will have at least a good downpayment.
You need to look for the best deal. The dealer beat my credit union you have to look.
karl

If I couldn't get a good deal on financing, I'd just pay cash. I know that some manufacturers are offering low financing (under 1%) for their vehicles.

If I could get a low rate, I'd do that and put the money someplace productive.

[KittyCanuck]

I don't think MB offers a low rate. Certainly not ultra low like 1% or 0% (like my husband got on his Hyundai Elantra). Shop around, check with your bank etc and see who gives you the best deal.
Depends on your credit rating too; with my just coming off being a student, with student loans etc in my name, MB was able to beat the rate offered by my bank. For people a little more established than me, it's probably your bank or credit union will be able to beat the rate from MB.

The most common MB rate I've heard is 6.5%.

[Calab]

6.5% is what MB told me as well.

At least I can get 4.5% from the bank.