Used Car Industry

Yea yea - this is about a "new" car, but I couldn't help but post this. Wonder what this thing would go for after 4 years on the used market? lol

Article source: "Auto Auction Shopper/ Used Car News"

Not sure if everyone has heard about this new car made in India by Tata Motors- the 'Nano'

This innovative subcompact car is priced at 2,500- thats right 2,500!!

This car is creating some stir as it is the cheapest car in the world!

2 cylinder- 0.6 liter- 33 hp- engine.

Seats 5 people

No pwr steering- rear view passgr mirror- and one windhsield wiper

Top speed is 60MPH- and 50 MPG!

Analysts say this car could transform the auto world! Forcing manufacturers to lower prices.

250,000 of these cars are scheduled to be made per year.

For wholesale companies in 3rd world markets- this is very interesting! Should this catch on and develop in the states! LOOK OUT !!

For pics and more info - http://tata.nano.car.googlepages.com/

Let me know what you think of this..... it truely is different!! :)