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Smart's $99 loan deal has big balloon payment at end

Hoping 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.

First Sight: Mercedes-Benz S-Class

The new S-Class is replacing a model series which is the world number 1 in the luxury class, and of which around 485,000 have been produced since its introduction in 1998. The previous W220 series was much admired on introduction and still seems competitive to many eyes but will be replaced by the latest model at the Frankfurt Motor Show in September.   Specification The new flagship model by Mercedes-Benz is larger than its predecessor in every respect.

Saab 'to enter the WRC in 2012' with new 9-1

Saab is rumoured to be returning to rallying after a long hiatus. The new owners of Saab have reportedly been in negotiations with the organising body behind the World Rally Championship and hope to sign a deal to compete with their upcoming 9-1 small car.After the mass departure of many of the main players a few years ago, the WRC looked down and out. However, the 2012 season is shaping up to be a return to form.