World's 5 cheapest Cars

1.Tata Nano



Tata Nano, the much-awaited 'People's Car' from Tata Motors, was unveiled at the 9th Auto Expo in New Delhi on January 10, 2008.



A four-door car, Nano has a 624cc engine and a mileage of 23 km per litre. It is available in 3 different versions, including one with air-conditioning. However, power steering has been provided.







Contrary to the criticism it faced pre-launch, Tata Nano meets safety standards and emission laws. As promised by Tata Group chairman Ratan Tata, the Nano has been priced at Rs 100,000 or $2,500. This is the dealer price. The buyer will incur further costs like value added tax (VAT) and transportation expenses.



Yet this makes Tata Nano the cheapest car in the world.




The Nano will also be available in two deluxe models and a standard model. It will be rolled out from Tata Motor's plant at Singur in West Bengal and likely to hit the market in the latter half of 2008


2. Chery QQ3



Chery Automobile, the Chinese car manufacturer, is a name to reckon with in the Chinese passenger car industry. Its Chery QQ3 is a city car that hit the market in 2003. In China, it is sold for 29,000-50,000 Remnibi, while internationally it is priced at $5,000.







Chery QQ3 comes equipped with antilock brake systems, dual front airbags, power windows and a Euro-III compliant engine. It comes with air-conditioning.



A five-door hatchback, Chery QQ3 is spacious and a sleek-looking car with ample storage area.

3. Maruti 800



The most popular entry in the small car segment in India since 1983, Maruti 800 has wooed Indians for over two decades. Manufactured by Maruti Suzuki India Ltd, Maruti 800 came as a breath of fresh air after Ambassador and Fiat.







This four-seater has an 800cc engine, great fuel efficiency and low maintenance cost. Tagged at $5,200, it is available in both AC and non-AC versions.



Maruti 800 has great fuel efficiency and very low maintenance cost. The small size and low turning radius of the car makes it easy to drive in the heavy traffic of big cities. It is also exported to a number of countries in South East Asia and South America.

4. Merrie Star



Made by China-based Geely Automobile, Merrie Star is a four-door sedan. Priced at $5,500, it was launched in 2005 and is popular amongst the middle-income families and first time buyers in China.







It is produced in Geely's Ningbo, Zhejiang factory, China.



It has an engine size ranging from 1.0 to 1.3 litres. Geely exports this model to Southeast Asia and Africa.

5. S-RV Mini SUV



Launched in 1998, the HQ or Haoqing S-RV belongs to the HQ series by Geely Automobile, China. This five-door, five-seater is very roomy, which makes it a great travel companion.







It is equipped with adjustable pitch seats, luxury dashboard and state-of-the-art security system. The basic model is priced at $5,780.



HQ S-RV's upgraded version includes such features as air-conditioning, central locking, power steering.