Ratan Tata on Monday launched the Nano in Mumbai’s famed Parsi Gymkhana. Nano is the cheapest car in the World, with an on-the-road price tag of Rs 1.2 to 1.3L. The bookings for the car will be open from April 9 to April 25. Tata Motors would insist on 100% (Rs 1 lakh) down payment for the Nano on booking.
The Nano will be sold through a lottery system. The booking forms would be available over the week with all its dealers, select SBI branches and all Tata group retail ventures, including Croma, Westside, Trent and Star Bazaar. The booking forms will cost Rs 300 only. Dream car Nano comes with a warranty of 18 months or 24,000 kms.
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