Third Generation Smart Fortwo Electric to Release in Early 2012

The limited-edition test program model Smart Fortwo Electric Drive (ED), the one that comes under the category of second-generation comes with a hefty price tag. Though the vehicle is offered under the lease-only plan, the manufacturer, Daimler has announced a  $44,387 price.


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Well, the lease-only plan of the 2011 Smart ED is also considered to be pretty costly. The plan goes as such: leasing the vehicle requires one to pay $599 a month for 48 months, plus $2,500 due when the  signing of the contract happens. However, one should remember that Fortwo ED is a limited run model and not a mass production electric vehicle.

News is that the third-generation Fortwo electric will hit the showrooms in early 2012. Well, this is supposed to be a production model. Hence, we hope the manufacturer will  adjust the pricing structure, and ship it at a much reasonable rate.

The report further says that there are no sales projections for the next-generation model, but the company’s spokesman Rick Bourgoise expects sales in larger volumes, with a lower retail price as Daimler owner of Smart realizes greater economies of scale. We have also come to know that this third generation upcoming model will be offered for both lease and purchase.

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