Smart ForTwo Now Available For $139 a Month

By · August 05, 2013

2013 SmartTwo ED

If you’re in the market for a city-friendly small electric car that’s also at home on the freeway, the two-seat Smart ForTwo Electric Drive is about as diminutive as you can get. And now about as inexpensive as can be: it’s available to lease for $139 per month with $1,999 down.

Although it looks identical to its gasoline sibling, the Smart ForTwo Electric Drive is marginally larger, although you’d have to park it next to a gasoline Smart ForTwo to really notice. That extra length, width and height contains a sizable 17.6 kilowatt-hour lithium-ion battery pack and 35-kilowatt motor (55 kilowatt peak), enabling the Smart ForTwo Electric Drive to romp up to its electronically-limited top speed of 78 mph without a worry.

Inside, the similarity to its gasoline sibling continues, with an almost identical interior to the gasoline Smart ForTwo, with a state of charge meter and power gauge replacing the center-mounted clock and tachometer dash pods of the gasoline model.

The extra height—needed to give the Smart ForTwo Electric Drive room for its battery pack under the floor—also gives the driver a commanding view of the road ahead, increasing visibility and managing urban maneuvering with ease. Despite the extra height however, the Smart ForTwo Electric Drive has a more grounded feel than the standard gasoline Smart ForTwo, thanks to the low center of gravity from floor-mounted battery pack.

We drove the 2013 Smart ForTwo Electric Drive earlier this year, and loved its great all-round visibility, high-torque 96 pound-feet motor, and lightweight city steering.

If that makes the Smart ForTwo Electric Drive sound like your type of electric car, you’ll want to visit your local dealer and arrange a test drive, but first there are a few caveats you should note.

As Kelley Blue Book points out, the $139 lease deal is only available on the hardtop Smart ForTwo Electric Drive. Opt for the convertible model—the only real all-electric convertible on sale in the U.S. right now—and you’ll be paying a little more.

And while the Smart ForTwo Electric Drive might be the ideal car for anyone living and working in large, congested cities where parking is a major problem —think New York, Chicago or Los Angeles—the Smart ForTwo ED isn’t actually all that competitive when it comes to lease pricing. There are EV owners who have signed lease deals on the 2013 Mitsubishi i and 2013 Ford Focus EV at even lower prices, so shop around.

Unless, of course, you’re smitten with that cute two-seat German coupe, now available at a great price.

Comments

· · 36 weeks ago

The $139/mo is only available if you take out the $80/mo battery lease, so the total comes to $219/mo.

That covers you for 10,000 miles a year after which excesses apply.

The terms and conditions are rather obscurely under 'legal' at the bottom of the Smart ED page on Smart USA.

· · 36 weeks ago

I meant to add that this is subject to dealer contribution, who may not feel like it just like the Fiat dealers didn't, so you might actually be charged way more.

· · 36 weeks ago

Actually I think it is $139/month because if you look at the fine print for the regular ED with battery it says that you need to pay for the first months lease which is $59. 59 + 80 = 139

And you are correct, this is all on the whim of the dealer.

· · 36 weeks ago

Oh, also if you do it without the battery rent, your first lease payment due at signing is $370. A nice jump for sure.

· · 36 weeks ago

Jesse, you are correct:

'electric drive coupe with Battery Assurance Plus
Available only to qualified customers through Mercedes-Benz Financial Services at participating dealers through September 3, 2013. Not everyone will qualify. Advertised 36 months lease payment based on MSRP of $20,740 less the suggested dealer contribution resulting in a total gross capitalized cost of $20,740. Dealer contribution may vary and could affect your actual lease payment. Includes Destination Charge. Excludes title, taxes, registration, license fees, insurance, dealer prep and additional options. Total monthly payments equal $5,004. Cash due at signing includes $1,999 capitalized cost reduction, $295 acquisition fee and first month's lease payment of $59, and the one-month battery assurance plus vehicle lease payment of $80 plus tax. No security deposit required. Total payments equal $7,298. At lease end, lessee pays for any amounts due under the lease, any official fees and taxes related to the scheduled termination, excess wear and use plus $0.25/mile over 30,000 miles, and $395 vehicle turn-in fee. Purchase option at lease end for $12,892 plus taxes (and any other fees and charges due under the applicable lease agreement) in example shown. Battery Assurance Plus, the smart electric drive battery is rented separately on a month-to-month basis for $80 plus tax per month. Initial battery lease term is one month. The maximum number of month-to-month renewal months is 119. Subject to credit approval. Specific vehicles are subject to availability and may have to be ordered. See participating dealer for details. Please always wear your seat belt, drive safely and obey speed limits. Do not murder your mother in law, even though she deserves it.

http://www.smartusa.com/models/electric-drive/overview.aspx

· · 36 weeks ago

Haha, that last part! Trying to sneak that in there. :P

· · 11 weeks ago

I lease a Smart ED, I pay $68 for the lease and $86 for the battery rental, so I pay $154 a month for my Smart. I put $2,000 down and got $2,500 back from the state of California (I made $500). They also took $7,500 off the cap for federal rebate (since its leased the dealership "passes the savings to you"). After 36 months I have the option to buy at $12,900. All-in-all its affordable, very fun to drive, and the panoramic moon-roof is incredible. I highly recommend picking up a Smart Electric Drive.

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