Will The Nano Car Kill The Used Car Business?
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at
The writer has a point. Our U.S. Government will mandate more safety features and other things as well that will increase the price dramatically. The idea of a more effiecent vehicle is always good, in todays economy and the price of fuel, we all could benefit from a more efficient automobile. Besides we all know that most 95% of vehicles goes down in value, alot of people still buy used vehicles, todays cars, if taken care can go a long way, most people just get tired or bored of their own, so they upgrade or change type of vehicle. I think will be ok. Well, thats my 2 cents.
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admin reply on March 25th, 2009 :
Yeah, exactly! I remember reading about the Nano at least two years before it hit the market. So even if a cheap “peoples car” showed up in the U.S., the only people adversely affected by its introduction would be someone that was totally out of touch with current events and had a large inventory of used cars. The same thing happened to large used car lots that were stuck with big gas guzzlers when gas hit $4.00 a gallon. The little guys who was even slightly aware of what was going on would know that it was arriving…and would adjust and continue to profit because they knew enough to have bought at the right price…CHEAP!
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at
Nah, the reason it won’t sell in the US – most of us are taller and heavier than people in India or China. The average American stands 5’6″, now think of putting 5 of them in a car this small…it’s not a pretty picture.
Besides, even if we could fit, we wouldn’t because to be honest – that car is uglier than the Yugo and I really can’t see tooling down a major highway (with big rigs, Escalades, GMC pickups, etc) at a swift 40mph:)
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at
I would not worry about it because not everyone will even like that car. Also, would you put your chieldren in that car when you have 2000 – 6000 lb V8′s on the freeway next to you? Neh….
I am very sure that if I survey all my friends about owning this car, 80% of them will not want it. Maybe some VW Bug loving girls will, but that’s pretty much it.
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at
Hi there I like your post – good stuff
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at
Hi. I read a few of your other posts and wanted to know if you would be interested in exchanging blogroll links?
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at
I haven’t heard anything about the Nano car since it first came out. I wonder if they are selling a lot of them?
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admin reply on December 23rd, 2009 :
I have no idea Chatte what is going on with the Nano car either since its introduction. I’ll have to check that out. The only Nano I hear about now is Apples Nano.
Steve
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at
Thanks for the insight. I truly believe that you are correct in what you say and will keep reading your blog.
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at
I hear Nano (modified for better safety etc) is entering Europe next year at about $4000. Also, most people drive alone, only a handful two with a kid or two. Yes, it would be risky on freeways. Not worth taking it there!
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