RE:Wow
by Harsha K on May 13, 2008 06:02 PM Permalink
Toyota Corolla starts at less than Rs.6,00,000/- in US. Which is probably 3 month average pay for majority of US middle-class.
In India Alto sells at approximately Rs.3,20,000/- Which is perhaps average annual pay of Indian middle class.
Corolla in India sells for about Rs.11,00,000/- which is perhaps 3 years average pay of a middle-class car buyer.
I suppose buying a corolla in US is easier than buying an Alto in India.
Compare this - A swift in Singapore sells for about Rs.12,00,000/- So, be happy that we can afford cars that a typical singaporean can't! ;-)
RE:Wow
by Das on May 13, 2008 08:01 PM Permalink
I accept every thing from You but do you think you need a Car In Singapore ? You can travel across this country in 1 hrs. MRT is enough for them.
RE:Wow
by Ravikumar Parthasrathy on May 13, 2008 06:49 PM Permalink
Good one harsha... even if Nano comes in it will be an average of 6 months gross pay of an average indian. So once again the numbers will shoot up by the existing autorickshaw permit owners buying and selling in black. Plus it could be a 3rd car for a well heeled ... read as IT guys who live on credit cards and EMIs.
RE:Wow
by RAJAT GULATI on May 13, 2008 08:05 PM Permalink
NANO will b a flop... very less avg and less top speed... engine capacity is also low... tyres size makes it a Toy Car... i dont know how it got all tests cleared by Govt Authorities... its major drawback will be engine at back not at front... its a risky car... i dont find it much useful car !! good for Auto walas on Delhi Roads... nothing more than that...
