Tags: Tata, Tata Motors, Tata Motors Finance, Tata Nano
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.”
When launched, Tata Nano would become the cheapest car in the world on sale. It would retail for a bit more than USD 2500.
Interested in when these vehicles will be for sale in the US. Also what dealer will be selling them. We live in Florida USA
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
NANO CAR