TaTa Nano Complete guide..

Saturday, April 4, 2009

Tata Nano Review: Tata Nano Test Drive/First Drive [Videos]

Friday, April 3, 2009

Bank of India offers moratorium scheme for Nano loans

Bank of India has come out with a moratorium scheme for auto loans.. Under the scheme, there is no upfront recovery of interest. For three months the borrower does not have to pay either interest or principal on the loan. The bank is charging a floating rate of interest of 10.25 per cent with a repayment period of less than 36 months and 10.75 per cent between three and six years.

For the booking amount, the charge is 12 per cent fixed rate of interest and it is available only till delivery of the vehicle. Booking loan may be for a short period of 90 days only and delivery period as declared by Tata Motors, said a press release from the bank. The loan for the vehicle is for a maximum period of six years, and the rate is between 10.25 per cent and 10.75 per cent.

While the charges on the booking amount may not be competitive, the charges on the vehicle loan, once the customer gets delivery are competitive. “In the long term our customers will benefit,” he said.

www.thehindubusinessline.com

Tata Nano booking procedure

Tata Motors has announced the booking procedure for its people's car, the Tata Nano. The first phase of the booking procedure for the car will begin from April 9, during which forms will be sold for Rs 300 each through over 30,000 locations across the country. These will include Tata dealerships, outlets of other Tata ventures like Westside, Croma, Tata Indicom etc. The forms will also come with vouchers worth Rs 1100 which can be used at these outlets.

Booking amount to be paid with the application form will be Rs 2,999. The forms will be accepted at 850 offices of SBI, 222 World of Titan outlets, 900 Tata Indicom outlets and 37 outlets of Westside across the country. The last date for acceptance of forms in the first phase is April 25, when one-lakh forms will be selected randomly from the ones received for delivery. Delivery of spanking new Nanos will begin from July 2009.

Tata Motors has also announced a price protection feature for prospective customers who have deposited the booking amount with the company but have not figured in the one-lakh customers selected for delivery. These customers will receive an interest of 8.5 percent p.a on their deposit until they receive delivery of the car, should they choose to not cancel their booking. If they do, the booking amount will be returned.

Finance schemes for the Nano are also underway, with 34 banks across the country offering a total of 15 financing options for the car. Details of these will be announced over the next three days.

Source :: zigwheels.com

Thursday, April 2, 2009

Tata Nano CX Details :: Prices, features

Tata Nano CX price
Ex-showroom price of the Nano CX with solid paint and BS II, at Pantnagar is Rs. 1,39,780.

Tata Nano CX features

The engine specifications remain the same for Nano CX. But CX model comes with heater, air conditioner, and power steering. It still don't have Front power windows. Colours available with this model are Ivory White, Racing Red, Summer Blue, Champange Gold and Lunar Silver.

There is a rear view mirror only on the driver’s side, and its black. No foglamps, no alloy wheels, an aero kit, 2 speed wiper. CX would get dual tone vinyl upholstery and polyester fabric roofing. It get rear parcel shelf, A and B pillar trimming, while the electronic trip meter is still missing in this version.

The Nano CX comes with a two spoke steering wheel like the Standard Nano, while the LX version gets a three spoke steering wheel.

The standard Nano gets a driver seat with only a slider mechanism. Move back and forth, but no seat angle adjustments. But if you opt for the CX version, you get adjustable seats to recline as you wish. Rear seat headrests are also available in the CX and the LX versions, but not in the standard Nano. Central locking too not available in the CX.