Not the World’s Cheapest Car #
July 29th, 2008 | In Worth Considering
An interesting look at the reality of the much heralded and fretted over Tata Nano:
Malhotra is having second thoughts. He’s done the math and realized that once taxes and insurance costs are added, the price of the entry-level Nano rises to just over $3,000. For an extra $500, he says, he could buy a decent used car with a more powerful engine and air conditioning, which the Nano won’t have.
(via Passport)