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Smart ForTwo Now Offers Attractive Lease Option

January 28, 2010

Smart ForTwoDisappointing sales will benefit buyers considering a Smart car, especially if they don't want to buy a ForTwo out of pocket. The company has announced the terms of a new leasing strategy effective this year.

Until the end of February, buyers who qualify for the lease will be able to walk away with a new Smart ForTwo with less than $2,000 in cash up front, and monthly payments of $169.

The Smart ForTwo offers impressive fuel economy: 33 miles per gallon in urban driving and 41 MPG on the highway. If you don't need a back seat and want to save at the pump, it may be the right choice.

If you want room for more than just you and a passenger, however, several hybrid options offer similar economy and a rear seat. Now is a good time to consider a lease on any of the more efficient models because automakers are pushing leases as a way to improve sales.

For example, the Honda Insight is available for a few hundred more at signing, and about $30 per month. Other models have similar terms for buyers. All in all, it's a great time to lease a fuel-sipping vehicle.

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My Recommendation for Car Shoppers

TrueCar No-Haggle, Edmunds Price Promise, and 1-800 Car Show are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.

California Residents - Important:

There is a new online car buying service called Roadster, available only to California residents, which I highly recommend you try - especially if you hate the stress of haggling with a car salesman. They provide an expert concierge who negotiates the price of the car and delivers it to your home with zero hassle - you never have to interact with a dealership. Here is my in-depth review of Roadster and why I recommend it.

- Gregg Fidan

Gregg Fidan

About: Gregg Fidan


Gregg Fidan + is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.

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