Smart Fortwo Electric Drive lease now $139/mo

Thu, 08 Aug 2013

Electric cars seem to be getting more affordable by the day, and the latest to get a price drop is the 2013 Smart Fortwo Electric Drive. With sales currently limited to only a handful of states, the Smart Fortwo ED is preparing for its nationwide rollout by offering a 36-month lease of the Fortwo ED Coupe for as low as $139 per month – or the same price as the non-electric Fortwo. The previous Fortwo ED leases started at $199 a month.

Available until September 3, conditions of this lease include a down payment of $1,999 and signing up for the Battery Assurance Plus battery-lease program, which is a separate lease for the battery at $80 per month. This means that lessees are actually driving the Fortwo ED for just $59 each month, although a mileage cap is set at 30,000 miles. There has been no price drop for those interested in purchasing a 2013 Fortwo ED, however, as has been the case with rival EVs like the Ford Focus Electric, Nissan Leaf and, most recently, the Chevy Volt.

As an added bonus, Smart is also giving its dealers a $2,000 incentive on the Fortwo, which can be used in any way the dealer wishes – local advertising, lowering the asking price for consumers, etc. AutoblogGreen's Sebastian Blanco has put together quite a bit more info on the Smart Fortwo ED lease, click thru to read more.

By Jeffrey N. Ross