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Tata Nano (2008–)

Last updated 26 March 2015

Egg shaped curiosity in an attempt to bring ultra cheap motoring to the masses otherwise forced to use motorcycles.
Not so much cheaper than a Suzuki Alto to tempt enough buyers. Went the same way as 1950s microcars.
Updated 5 January 2012

In India the Nano has been beset by industrial and quality problems which Tata said are now being ironed out.

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Introduction

 

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Best available rate 9.20%

Total repayment £8,930.17

Total cost of credit £1,430.17

£186.05

48 monthly payments

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Borrowing £7,500 over 4 years with a representative APR of 25.4%, an annual interest rate of 25.4% (Fixed) and a deposit of £0.00, the amount payable would be £239.77 per month, with a total cost of credit of £4,008.96 and a total amount payable of £11,508.96.

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