Nano Launched by Tata’s – One lac promise kept – Tata Nano Review – How to buy Nano?
Tata Nano the Tata Motors common man;s car was formally launched on March 23rd at Mumbai. Tata Motors today announced the commercial launch of the Tata Nano, keenly awaited across India since its unveiling on January 10, 2008. The cars will be on display across the country at Tata Motors Passenger Car dealerships and other select authorised outlets from April 1st.
The Tata Nano is currently being manufactured at the company’s Pantnagar plant in Uttarakhand in limited numbers. The new dedicated plant, at Sanand in Gujarat, will be ready in 2010 with an annualised capacity of 350,000 cars.
The website of tata Nano car is
Variants and Pricing
Tata Morors have kept the promise of Rs. 1 lac. The base version of car will be priced at Rs. 1 lac at the factory. Tat Nano will be available in three variants
- Tata Nano Standard (BSII* and BSIII*): The standard version, in three colour options, single-tone seats, and fold-down rear seat; (1 lac + tax + Registration)
- Tata Nano CX (BSII* and BSIII*): In five colour options, with heating and air-conditioning (HVAC), two-tone seats, parcel shelf, booster-assisted brakes, fold-down rear seat with nap rest;
- Tata Nano LX: (BSIII*) With the features of CX plus complete fabric seats, central locking, front power windows, body coloured exteriors in three premium colours, fog lamps, electronic trip meter, cup holder in front console, mobile charger point, and rear spoiler. Many of these features are not available on current entry-level small cars in the country. (1.7 lacs + tax + Registration)
Tata nano specefications and review
- BS-III compliant
- 2-cylinder aluminium MPFI 624 cc petrol engine
- Four-speed gear box
- 35 PS @ 5250 rpm
- Torque of 48 Nm @ 3000 rpm
- Fuel efficiency – 23.6 km/litre,
- kerb weight of 600 kg
- Warranty: 18 months or 24,000 km,
Review
- Space: Good, comfortable, 4 adults,
- Thin and flat seats
- Rear mounted engine
- Single balance shaft
- Makes little sound which may be irritant (not a very great consideration in noisy making Indian Roads)
- Maximum speed 110 kmph (Top speed is limited to 65 mph)
- Not for high speed driving as it is not very stable on curvy roads at high speed
- Acceleration of 38 mph arrived in about 10 seconds and 62 mph in 33 seconds
How to buy Nanao
They are expecting significant demand and there is limited production capacity initially (until the Sanand plant is fully ramped up to capacity) so the Tata Nano will be available through a booking mode. For this Tata Motors has entered into an exclusive agreement with the State Bank of India to manage the booking process.
Application form: The sale of application forms and acceptance of booking will start from April 9th 2009 till the end of day April 25th 2009. The application forms will be available at a price of Rs. 300. The application forms will be available at over 30,000 locations in about 1,000 cities through
- Tata Motors Passenger Car dealerships
- State Bank of India and its branches
- Preferred financiers
- Outlets of Westside, Croma, ‘World of Titan’ and Tata Indicom exclusive stores
After collecting the forms, customers have two options. They can either pay the entire booking amount themselves or seek financing of the booking amount.
If you seek financiang: For those who seek financing, Tata Motors has entered into agreements with 15 preferred banks/NBFCs for the Tata Nano booking loan product. The booking product offered by these banks will enable a Tata Nano to be booked by paying an amount starting Rs. 2999/- only. Their chosen financier will directly submit their application forms to the State Bank of India on their behalf.
If you want to pay entire amount yourself: Those, who choose to themselves pay their entire booking amount, can submit their application forms to State Bank of India through 1,350 notified branches in 850 cites, and also at Tata Motors Passenger Car dealerships, Westside and Croma outlets. Option to submit bookings online is available at www.tatanano.com.
When allottment will be announced: Within 60 days of the closure of bookings (25th June), Tata Motors will process and announce the allotment of 100,000 cars in the first phase of deliveries, through a computerised random selection procedure. These 100,000 allotments will be price protected for the launch prices till delivery of the cars but the booking amounts will not bear any interest for the customers. Deliveries will commence from July 2009
What is I do not get allottment?: Applicants have the option to retain their booking deposit, even if they do not get allotment in the first phase. Those who choose this option will be eligible for interest on their deposit, effective from the date of announcement of allotment of the second phase, at a rate of 8.5% for retention period between one year to two year and 8.75% for a retention period of more than 2 years. Allotment of retainees will be simultaneously communicated, along with the allotment of the first 100,000 cars.
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