The Cheapest Car Tata Nano will hit Indian Market on March 23 2009. The Common peoples car will conquer hearts of all middle class people. The Cost of Tata Nano is around 1 lakh. So 1 lakh Car Nano Hits Road on this year.
Nano - Tata Car is considered as the world's low cost car. Mr. Ratan Tata, Chairman of Tata Group developed this common peoples car.
Heard that Booking of Nano cars is about to start. Some banks are providing Car Loans for buying this vehicle. But the interest rate is high for nano. Heard that the loan is needed to be cleared only within 5 years. So you can buy 1 lack car with help of Bank Loans.
In New Delhi at 9th Auto Expo 2008 Ratan Tata unveiled Tata Nano. The Car plant was about to start at West Bengal. But due to protest of farmers and other political parties Nano Car Plant is now moved to Sanand, Gujarat.
Tata Nano Ex Showroom Price : One Lakh.
Tata Nano On road Price : 1.25 Lakh ( VAT + Tax )
The car's expected cost is around 1.3 Lakh to 1.4 Lakh due to addition of various Taxes, VAT , Road Tax etc.
Heard that two Versions of Tata Nano are available like Standard and Deluxe. Only petrol version is available now, but diesel version will come soon. Nano is powered by petrol engine - Rear Wheel Drive. The car will give Mileage of around 20 to 26 Kilometer per liter. Top Speed is 75 KM, power is 33 PS with a capacity of 623 cc.
Hope Tata Nano will became a real competition for Maruthi 800 which was considered as middle class people car.
Hope that Tata Motors will make arrangements to book the car at major cities across India.
Thank You.