BLOOMFIELD HILLS,
Mich.
— Smart USA announced
Monday the launch of the "smart USA Advance Program," which advances
to dealers the applicable credit under the government-funded Car Allowance
Rebate System (CARS) when an eligible vehicle is traded in with the purchase of
a smart fortwo.
"Based on the incredible consumer interest to our
industry-leading, $99 per month special financing offer, we felt the next
logical step was to allow consumers to begin taking advantage of the CARS
program immediately," said Dave Schembri, president of smart USA.
Previously, smart
USA
announced to consumers a $99
per month financing option, just after the government-funded CARS program was
passed into law. The $99 per month offer is not a lease; rather it is an
affordable way for consumers to purchase a smart fortwo, which has a combined
fuel economy rating of 36 mpg. Under the offer, eligible customers will pay $99
per month for 35 months with a lump sum due at the end of this period.
Consumers will own their smart fortwo, benefit from its low cost of ownership,
and have the option of using the residual value of the vehicle toward the final
lump sum payment.
Eligible smart fortwo buyers with a trade-in vehicle that
fulfills the CARS program requirements are expected to receive the $4,500
maximum credit allowed under the program. Smart
USA
has set aside a limited number
of vehicles for immediate delivery in conjunction with this program.
For more information about the $99 per month financing offer
or to locate a dealership, visit www.smartusa.com,
or call 1-800-smartusa.
