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Smart's $99 loan deal has big balloon payment at end
Mon, 06 Jul 2009Hoping to benefit from the federal cash-for-guzzlers program, Smart USA has set up a $99 monthly payment for buyers who use their $4,500 rebate. But there's a catch--and a hefty balloon payment disclosed only as a note to an asterisk in Smart's press information announcing the offer. The Smart financing is for $99 a month for 36 months, with a balloon payment of $6,667 due at the end.
Drayson Racing set new electric car speed record
Wed, 26 Jun 2013Lord Paul Drayson (pictured) celebrating a new electric car land speed record Last month we reported that Lord Paul Drayson’s Drayson Racing were plotting an attack on the world land speed record for an electric car. And they’ve cracked it. In a two-way run at Elvington, Yorkshire, Lord Paul Drayson – Drayson Racing’s CEO and former science minister – was behind the wheel of the Drayson B12 69/EV as it completed two mile long runs in the space of an hour to record an average – and new World Record (for its class) – of 204.185mph.
Audi Cross Cabriolet quattro concept (2007): first official pictures
Wed, 14 Nov 2007By Ben Pulman First Official Pictures 14 November 2007 09:00 Ah, the new Audi A3 convertible… Not quite. It certainly looks like a drop-top A3, and although that car’s on the way, this is the Audi Cross Cabriolet quattro. Now trying say that really fast.