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Anticipation for the Tata Nano in India is so high that the country's used car market is taking a dive ahead of the car's arrival later this year. Autocar is reporting that sales for India's current most popular and cheapest car, a used Maruti 800, have already fallen 30 percent, and sales for a brand new Maruti 800 were down 20 percent last month. The Maruti is actually a rebadged version of the older Suzuki Altos. At nearly 200,000 rupees, it's about twice as much to buy new as the $2,500 Tata Nano will be, despite being a smaller car. Indian car buyers apparently are not dumb. Why buy a new or used car today when you can wait until the end of the year and get a new Tata Nano for much less? The used car market in India could rebound a bit, however, after the Nano debuts. All those people waiting to buy one now might not end up liking the world's cheapest car after they get a chance to drive one.

[Source: Autocar via Winding Road]

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    • 1 Second Ago
      • 7 Years Ago
      Exactly. This car is like the 2CV - it's not competing against other cars. Its competition are motorcycles, scooters, and bikes. While those may be more fun to drive, when you have a family it's nicer to have something enclosed and stable when you're going around. Having been to India many times, I can tell you it's not uncommon to have a family of four or five (two parents and little kids) on a scooter.

      Obviously, aside from extremely planned communities, this isn't going to fly in the U.S. But it's not designed for the U.S. market, so chill out.
      • 7 Years Ago
      Hey look someone made a commuter car for my 8 year old, oh wait thats a real car. I think my son's go cart has wheels bigger than that. Its probably safer too.
      • 7 Years Ago
      Thank you for an eduacated point of view. So many people (USA) slam cars like this based on their own perceptions. It is understandable based on how they view the world, but times are changing faster than they realize.
      • 7 Years Ago
      The machined magnesium windshield wiper nobs on the Veyron cost more than this car. (4800)
      • 7 Years Ago
      How fast is it 'round the 'Ring?
      • 7 Years Ago
      Btw, Tata has emulated Porsche's classic formula - the RR layout. I hope this doesn't turn out to be of those horrendous handling 911s of the 70s.
      • 7 Years Ago
      Yup, your incredible knowledge of the world truly impresses me. You are right - everyone in India can only barely afford $2,500 after scraping up every last penny they have.

      It's not like most people buy more expensive cars or anything, or are fast becoming one of the biggest consumers of building material (for new houses, offices, etc) as well as expensive electronics.

      I'm also sure this is the nicest thing those Indian animals have ever seen!

      No, that couldn't be, since it is obvious all of humanity's knowledge comes down from you. I bow to you, O Holy one.
      • 7 Years Ago
      I guess after riding a donkey or bike to work for 10 years this thing seems pretty swell.
      • 7 Years Ago
      for all u nano critics out there this car was designed in italy
      • 7 Years Ago
      It looks like the Urkel Mobile
      • 7 Years Ago
      You mean you'd buy one and put it ON the 426 Hemi
      • 7 Years Ago
      It looks like a winner to me. You know it's a good car when the website for it prominently displays such exciting features as:

      - clear lens headlamps
      - front grille
      - rear combination lamps
      - dual tone interior upholstery
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