Whats the worlds cheapest car?
Most people spend years paying off their car loans. Many new cars cost tens of thousands of dollars, and interest rates can make financing a car expensive. But what if you could purchase a brand new car for about the same as just six months’ rent? And by the way — have you ever thought about moving to India? One of the most anticipated cars of 2008 also turns out to be the cheapest car in the world. At only $2,500 before taxes, auto manufacturer Tata Motors’ Nano will come to the streets of India by fall 2008. Ratan Tata, the chairman of the company that brought the tiny car to life, refers to the Nano as the “People’s Car,” and he wants to give those who might not be able to afford a new car the chance to take advantage of mobility. The company is marketing the affordable car to India’s lower middle
Most people spend years paying off their car loans. Many new cars cost tens of thousands of dollars, and interest rates can make financing a car expensive. But what if you could purchase a brand new car for about the same as just six months’ rent? And by the way — have you ever thought about moving to India? One of the most anticipated cars of 2008 also turns out to be the cheapest car in the world. At only $2,500 before taxes, auto manufacturer Tata Motors’ Nano will come to the streets of India by fall 2008. Ratan Tata, the chairman of the company that brought the tiny car to life, refers to the Nano as the “People’s Car,” and he wants to give those who might not be able to afford a new car the chance to take advantage of mobility. The company is marketing the affordable car to India’s lower m
