Tata Motors has announced that it will offer 90 per cent loans for Nano buyers in India, a move prompted by sales of the world’s cheapest car falling by 85 per cent year-on-year in November.
The 90 per cent loan can be fast-tracked to customers within 48-hours, and is hoped will boost sales; November’s deficit was blamed on difficulties faced in receiving loans by buyers.
Read more on Tata's November sales slump
Tata’s finance offer follows closely on from the firm’s announcement of a four-year warranty on the Nano and a maintenance contract option for 99 rupees (approximately £1.30) a month.
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Re: Tata combats Nano sales slump
Re: Tata combats Nano sales slump
It's presumably better engineered and better built than either a Jaguar or a Land Rover, if the company's not going to take a bath on its £1.30 a month service plan - or does Tata just give you another and throw the first one away if it develops a fault or niggle?
Re: Tata combats Nano sales slump
So should I go and ask the local Jag and Land Rover Dealers if they can offer the same?? Hmm, new XJ and RR Sport please!