Simon Cowell is a lot smarter than most people give him credit for and his new set of wheels show how money-savvy the reality judge really is.

Despite his multi-million dollar fortune, the X Factor star's new purchase is very economically restrained as he's now hitting the highway in a nifty little Smart Car, and RadarOnline.com has photos of his latest ride.

PHOTOS: Simon Cowell Hits The Town In His Smart Car

The 52-year-old television mogul is most often seen hitting the gas in a flashy, sleek Bugatti Veyron sports car, and even he is finding his latest purchase amusing.

Rapper Flo Rida was taken into custody in Miami Beach early Thursday in connection with suspicion of DUI, RadarOnline.com has learned.

POLICE REPORT:  Read Flo Rida’s Booking Report

Flo Rida, whose real name is Tramar Dillard, was pulled over in a  $1.7 million Bugatti after police noticed he was swerving. The 6-foot-1, 225 pound rapper drove a full two blocks before fully pulling over, police said.

Upon stopping, officers at the scene noticed the rapper had bloodshot eyes, slurred speech and reeked of booze.