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Article #413: Where are the Cheapest Cars?

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True, economy is getting tougher and "They are cars, but they are a step up
tougher each day to the detriment of from a motorcycle," said George Magliano,
shoppers. This is why shoppers are the director of automotive-industry
finding ways to slash their expenses and research for the market research company
be friendly to their pockets. Auto North America at Global Insights. Still,
shoppers, for instance, are searching for for many individuals, "It is the
some affordable alternatives. The ask: difference between walking and driving a
Where are the cheapest cars? car."
Amid crises, auto buffs simply cannot Other affordable cars include the Geely
resist the need to cut costs without MR sedan, Geely HQ SRV SUV and Chery A1
compromising quality. In the United sedan. They are all sold in China.
States, the cheapest car is the Chevy Included in MSNBC's top 10 cheapest cars
Aveo with $10,895 as base price. But more are the Hyundai I10, Tata Indica, the
affordable cars are set to invade auto Fiat Palio and the Renault Dacia Logan.
industry. The cars are reliable like the Bilstein
Indian automaker Tata Motors said that it shocks. This is because their quality is
will be selling the Nano which has a closely guarded.
sticker price of approximately $2,500 The 10 feet long and five feet wide Nano
thus making it the cheapest car around is equipped with two-cylinder gas engine
the globe. It will be far cheaper than that offers 33 horsepower and a top speed
Suzuki Maruti 800 which sells for 195,000 of just over 60 mph. "The Nano may open
rupees equivalent to about $4,994. the door for middle-class families in
For now, the cheapest car in India is the India to get behind the wheel of a
Maruti 800. The car costs slightly more vehicle for the first time," said Cody
than China's Chery Automotive QQ priced Lusk, president of the American
at 34,499 yuan or $4,781. Unfortunately, International Automobile Dealers
none of these affordable vehicles are Association. "That's what is happening
available in America. Why? They are globally. There is a lot of interest and
restricted by some reasons. The Nano, for excitement that the middle class in
one, is barred from entry because it did emerging markets can get in a motorized
not meet the territory's safety and vehicle." Lusk added there is a great
emissions standards. disparity between "inexpensive and cheap.






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