Recently there were news reports about Tata Nano catching fire. There were two incidents in which a brand new Tata Nano caught fire after fuming.
The real reason behind these incidents is yet to come, as Tata Motors is yet to complete its investigating on these incidents.
However, the company has denied of any manufacturing related defect.
New Tata Nano with EasyShift is available at Rs. 2 lac (Ex-showroom, Delhi), and the final cost depends on the valuation of your car. So, first get the valuation of your car from authorized Tata dealer, so he can give you a final quote for the new car.