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Old 26th March 2009, 12:39   #196
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The Nano is only projected as a city car, having a spare is actually a privilege and would be of little use considering the tubeless tyres.

One can find tyre-wallahs with ease within the city.
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Old 26th March 2009, 13:44   #197
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Quote:
Originally Posted by GTO
It is VERY difficult to procure 2 wheeler financing today (risk factor etc.
Since the same 2-wheeler segment is being seen as target market for Nano, don't you think the same risk applies to banks that give loans for Nano also ? I mean, if a guy is going to default on his bike EMIs, he would also default on car EMIs. More so because EMIs for Nano for the same loan duration would be higher.
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Old 26th March 2009, 15:44   #198
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Can't we have all the 4 wheels of same size? I mean by upgrading .
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Old 26th March 2009, 17:38   #199
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Quote:
Originally Posted by supremeBaleno View Post
Since the same 2-wheeler segment is being seen as target market for Nano, don't you think the same risk applies to banks that give loans for Nano also ? I mean, if a guy is going to default on his bike EMIs, he would also default on car EMIs. More so because EMIs for Nano for the same loan duration would be higher.
Nope. Finance companies see bikes as a high-risk category (higher chance of injury or loss to life, easy theft etc.) and too small a transaction amount for the effort.
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Old 26th March 2009, 17:47   #200
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Nope. Finance companies see bikes as a high-risk category (higher chance of injury or loss to life, easy theft etc.) and too small a transaction amount for the effort.
Also more difficult to trace and recover in case of default. Residual value of recovered two wheelers is close to zilch and often does not even cover the cost of recovery. Really not worth it - they would prefer to write-off. Two wheelers are also easily transported across states in the sense that nobody bothers to stop them even if they ahvent been re-registered - my friend for instance has been riding around his KCF registered RX100 around in Bangalore for 18 years now, despite Karnataka being probably the strictest state when it comes to out-of-state registrations and tax payments.
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Old 26th March 2009, 18:40   #201
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Can't we have all the 4 wheels of same size? I mean by upgrading .
No Sridak, It is designed for the stability at corners and not for the cost cutting.

If we change it has to be proportionate, or use the rear tyres in front and just upgrade the rear to next size

FYI. The rear Tyres are wider than the Alto Tyres.
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Old 26th March 2009, 18:48   #202
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Originally Posted by Steeroid View Post
Also more difficult to trace and recover in case of default. Residual value of recovered two wheelers is close to zilch and often does not even cover the cost of recovery. Really not worth it - they would prefer to write-off. Two wheelers are also easily transported across states in the sense that nobody bothers to stop them even if they ahvent been re-registered - my friend for instance has been riding around his KCF registered RX100 around in Bangalore for 18 years now, despite Karnataka being probably the strictest state when it comes to out-of-state registrations and tax payments.
Good point. One more : 2 wheelers are easier to disassemble and sell for parts.
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Old 26th March 2009, 20:50   #203
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Little OT -
'Unauthorised' Nano ad fined Rs 1,12,968
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Old 26th March 2009, 21:25   #204
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more videos guys!

zigwheels impressions:



Zigwheels first drive:



Overdrive first drive:



NewsX test drive:



ndtv:



times now:



kudos to tata-ji, who has re-written automative history!

enjoy!

cheers

Last edited by anekho : 26th March 2009 at 21:41. Reason: more videos
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Old 26th March 2009, 21:50   #205
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Quote:
Originally Posted by anekho View Post
more videos guys!

zigwheels impressions:



Zigwheels first drive:



Overdrive first drive:



NewsX test drive:



ndtv:



times now:



kudos to tata-ji, who has re-written automative history!

enjoy!

cheers
20th century it was Henry Ford, 21stits Ratan Tata. Proud of him, proud of his dreams, and real happy to see his dreams becoming everyone'e envy in automobile world.

World, here we come, this time with a machine from India!

to the wellwisher for the review.
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Old 26th March 2009, 22:01   #206
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Quote:
Originally Posted by jkdas View Post
20th century it was Henry Ford, 21stits Ratan Tata. Proud of him, proud of his dreams, and real happy to see his dreams becoming everyone'e envy in automobile world.

World, here we come, this time with a machine from India!

to the wellwisher for the review.
Well said! Finally others in the car industry and the world will take Tata seriously.
The nano has in a way become a symbol for patriotism for our mother land.
I hope to one day own a Nano, out of respect for Tata-ji.

cheers
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Old 26th March 2009, 22:09   #207
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Autocar UK reviews the Nano!!!

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Old 26th March 2009, 22:36   #208
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History in the making.

I like what the AutoCar presenter says.. 'Its like a Modern Model T...'

Kudos to Tata. So how many in queue for this one?
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Old 27th March 2009, 05:50   #209
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excellent autocar review, seems the world is gonna like it.
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Old 27th March 2009, 08:12   #210
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Quote:
Originally Posted by supremeBaleno View Post
While you have to give it to Ratan Tata for coming up with a great idea in a segment which all other players stayed away from (takes guts and loads of confidence), I do not see the bikers-to-Nano transition happening, like he believes. Atleast on the scale he thinks it will.

An entry level bike is available at 30K today, which when compared to the base-level Nano is less than 1/5th the price. P.S. : I am not saying the Nano will be a flop. On the contrary, I believe it would be a hit. Just that the market won't be what Ratan Tata tries to project - getting the poor overloaded bikers into a car. Instead I feel it would be existing car users that would be the main buyers. Plus a segment that has more income than the avergae biker.
Look at it this way. The entry of the nano has done two things.
a) Given the option of a car to a guy who would have bought a bike say on EMI. He can pay a few hundreds to a thousand more and get a car
b) Second hand car market prices will come crashing down. Then our guy can easily buy say a 2002 small car at 50000 instead of a 'new' 150 cc bike.
The above senario is a great tempt to a lot of first time bike buyers. The bike enthusiasts will still buy bikes, but the splendor/dawn/caliber brigade who would want a vehicle to commute would most certianly shift to the nano or a second hand cheaper car. In all ways this is a boon, switching from bikes to cars, it would make the traffic more disiplined.
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