Tata Motors

Ferrari, Corvette and Tata Nano share in demand premium price status — really?

It’s nothing new that cars in demand can command substantial premiums. But it’s hard to equate a Ferrari or even a Corvette with a Tata Nano. But it now appears the world’s cheapest car is in such demand, secondhand buyers are paying as much as a 30 percent premium to own one of the vehicles Tata Motors, the manufacturer, describes as the “people’s car.”

Read moreFerrari, Corvette and Tata Nano share in demand premium price status — really?