The World’s Cheapest Car

Last Revised on January 23, 2008

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Indian car making company Tata have released their Nano car. The price tag for that car is $2,500, cheaper than some of the computers we have been seeing in the stores. This car also goes by the name ‘People’s Car’ and many believe it might replace the scooter or motorcyels. The drawback is that this car won’t be available in the western countries anytime soon.

The car is a tiny four-door subcompact. It has a snub nose and a sloping roof, Nano, the world’s cheapest car can hold five people. The car is 10 feet long, about 2 feet shorter than a Mini Cooper. Its 623-cubic-centimeter two-cylinder engine is estimated to produce about 35 horsepower, good for a top speed of 75 mph. The car doesn’t have any music or radio player, no air bags, no passenger-side mirror and it has only one windshield wiper. But there is deluxe version of Nano, that has pretty much everything that average American cars have, including air condition.

For year, $5,200 Suzuki Maruti has been least expensive option for Indians. In the U.S., the cheapest car is the Chevrolet Aveo, which, at $10,030, is four times the price of Nano. In India, there are fewer than 10 cars for every thousand people, compared with 40 per thousand in China — and 450 in the U.S. Indians bought about 1 million cars in 2007. Far more middle-class Indians buy and transport their entire families on scooters.

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