Tata could offer finance services for Tata Nano

Tata Motors has said that they are considering offering loans for their upcoming Tata Nano cars through the Tata Motors Finance.

This is going to be unusual for the Indian market where such services are handled by the dealers and not the manufacturers of the cars.

Market sources stated: “Under its distribution strategy for the small car, Tata Motors has initiated discussions with leading vehicle loan providers in the country. This is in line with the existing financing options with a down payment and the rest in installments.”

However a company representative said: “Tata Motors does not want to share any information on financing of Nano at this stage.”

Tata Nano

When launched, Tata Nano would become the cheapest car in the world on sale. It would retail for a bit more than USD 2500.

Popularity: 9%

Tags: , , ,



Related Posts

Maruti expected to take on Tata Nano with a variant of Maruti 800

Tata to limit Nano publicity to keep costs low

Hyundai new small car for India coming in 2011

Maruti denies plans to launch a model cheaper than Maruti 800 to take on Tata Nano

Toyota to decide on small car plan for India by this year end

Your Ad Here

3 Comments to “Tata could offer finance services for Tata Nano”

  1. Bob McWilliams | January 28th, 2008 at 4:18 am

    Interested in when these vehicles will be for sale in the US. Also what dealer will be selling them. We live in Florida USA

  2. Chad haatvedt | January 28th, 2008 at 5:00 am

    I would love to get one of these for a town car. it would be great for commuting to work. I hope we get a chance to check it out here in Minnesota

  3. SAJITH | January 28th, 2008 at 11:22 am

    NANO CAR

Leave a Comment