Why should you buy the Tata Nano ?

The Tata Nano fits the budget for a small first/additional car. Taxes and insurance will not add much to the overall price of the car.

It is a definite improvement in safety and convenience over a two wheeler

It is the best size for crowded city streets and for peak traffic.

It gives good mileage (supposedly around 20 km/l)

It will be easy to park due to its size.

It will be easy to maintain due to the wide reach of Tata dealerships.

It will have reasonable maintenance costs since the input parts itself are capped within the 1 lakh mark.

The cost of parts for the Nano will come down drastically after around 2-3 years with mass volumes appearing. (I am very curious to know what kind of warranty would be provided by Tata for the Nano. An extended warranty, if provided, would have me signing up for it even on day one. I have the benefit of the extended warranty on our current cars and have seen the benefits. I’ve also seen the amount of money one can burn if you don’t have the extended warranty.)

If there is an option with an auto transmission it may be the best option for a driver not comfortable with driving in the city or novice in driving

Most cars depreciate almost the second you sign the papers paying your advance amount for booking it. In this case the Nano due to its high demand will not depreciate as much as other cars and as soon as the others. As it is most used car dealers are worried about being able to sell used cars at prices between INR 80,000 to 2,00,000 as most people when given that kind of budget may take a serious look at the Nano instead of a used car.

You will be able to buy a new car for around 1.25 -1.5 lakhs and still be able to spend even up to 30,000 rupees in accessorizing the cars. I am waiting to see a pimped out Nano with oversized alloy wheels and low profile tyres blasting out tunes painted in garish colors and with all possible spoilers and extra fittings in chrome added to it!

Continue reading Waiting for the Tata Nano