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The Volkswagen Beetle is strong competitor of Mercedes Smart. It has a cute exterior design, with nice, curved lines, even though the interior incorporates a multi-functional sport steering wheel, making the vehicle simple to control, as well as a comfortable back-seat with plenty of legroom, uncharacteristic for such vehicles. Its fuel economy is a bit worse when compared to Smart, with 22 mpg/city and 31 mpg/highway, though the great safety measures and excellent design needs to be sufficient cause to draw young drivers. Price means the interest rate of which the merchandise can be bought. A number of factors are involved in determining the price tag on a product. These include competition, business, product identity, material costs as well as the value customers perceive of something. In fact cost is also driven by competitor's products. If the competitors have similar product, then the cost of something will go down.

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