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Tata Nano hits the used car market now

Tata-NanoTata-Nano

Less than a year after the Nano hit the roads in the country, the world’s cheapest car has already made its way to the used car market. Although it could not be officially confirmed by the company, media reports suggest that while some believe that driving Nano is below their status others have experienced lack of driving comfort. There are also a lot of rumours that many customers who had actually booked the car only to resell it in market and earn a premium over it. DNA claims that 15 such Nanos have already entered the market for re-sale. The LX model of Nano which was purchased for Rs. 1.81 lakh is being sold in the market at Rs. 2.05 lakh, as claimed by the aforesaid newspaper.

The news comes at a bad time for the Nano model as Tata prepares it for sale in other world markets. It is expected the Nano will be sold in Europe from early next decade before also heading to the US.

Auto industry experts are of the view that one of the primary reasons Nano is getting disposed off quickly may be due to the investigation carried by the company following reports from three owners of electrical fires. According to The Times of India, the fires appear to be the result of an electrical short in the car’s steering column.

However, the company spokesperson denied any concrete defect in Nano. In an emailed statement last year, the spokesperson said, “Apparently there seems to be a minor short-circuit in the combination switch area. We had access to the car in Ahmedabad and Lucknow, with the respective customers bringing the cars to our dealerships. Importantly, both the cars were driven to our dealerships. These two cars had some minor smoking – not fire -- and a localised melting of some of the fire-retardant plastic parts. The Delhi customer has not yet brought his car, so we are unable to comment. The Ahmedabad car, which reported the matter in September, has been repaired and it was a minor fix. Similarly, the Lucknow car, which reported the matter on October 20, also has been repaired with a minor fix and has been handed over to the customer on October 21. The Delhi customer too reported the matter on October 20, but has not yet brought the car to the dealership. No recall is being considered. We do not believe that this is generic and we are not considering any recall. However, a pre-emptive check may be carried out on cars that are to be handed over or those that are with customers, purely as a precautionary measure.” He also stated, “To date no injuries have occurred as a result of the defect with all three cases happening when the ignition switch was in the ‘off’ position.

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Editor       Posted on 2/19/2010 6:34:31 AM
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