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.

Mel Gibson was a bit unsteady on his feet as he left a Malibu restaurant Saturday night, and RadarOnline.com has the stunning pictures.

PHOTOS: Mel Gibson Stumbles Leaving Malibu Restaurant

Gibson was reportedly so angry at being spotted out, he tried to turn away and nearly lost his footing in the process.

Gibson left the popular Taverna Tony restaurant solo. He eventually got into his Smart car and drove off.

Mel & Oksana’s First Hollywood Appearance

Late last month Gibson and his long-estranged wife Robin came to terms on their divorce settlement.

Just days later, RadarOnline.com won a prestigious Los Angeles Press Club award for our reporting on the explosive Mel Gibson audio tapes.

Gibson let lose on his ex-girlfriend and mother of his youngest child, Oksana Grigorieva, even threatening to burn her house down, in a shocking incident revealed exclusively by Radar.

PHOTOS: Celebrity Racist Rants

Gibson has attempted to revive his acting career since then but his last film, The Beaver, was a catastrophic disaster -- it cost a reported $21 million to produce and took in only $1.1 million worldwide.

His next effort to win back fans, How I Spent My Summer Vacation, opens in August.

PHOTOS: Mel’s Bondage Model Gal Pal Partying In Greece

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MEL AUDIO TAPE #1:  Mel’s Racist Rant

MEL AUDIO TAPE #2: Mel Gibson Admits Hitting Oksana, Threatens To Kill Her

MEL AUDIO TAPE #3: Another Mel Gibson Slur Caught On Tape In Crazed Rage