The new born baby in the used car market

Much surprisingly, the people’s car from Tata, Nano, has entered into the old car market within 5 months of its launch. Nano LX, costing Rs1.81 lakh on purchase, got the marked price of Rs 2.05 lakh. Out of 15000-20000 bookers for this car in 2009, 4000 were assured of delivery before March by Tata. But many of those booked are now in a mood to sell them in the pre-owned car sector rather using them.

As such 15 Nanos have come to this market since many people believe that to drive Nano would shatter their dignity. Another reason cited for the immediate sale is discomfort with the driving pleasure in Nano. Barring the space, Nano does not satisfy many expectations from the customers, said the President of Auto Friend Owners Association. Some of the buyers adduced the gratitude to Tata on shifting the plant from West Bengal to Gujarat.

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