The used car market is the first to taste the Nano effect (wait and see what happens to pulsars, karishmas, and unicorns). Sales of used cars slowed down a bit and also prices came down upto 30%. The impact is more harsh on 800s, altos, and santros (i10 combined hands with nano!!)
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2002 maruti 800 old price 1.1 lakh – now available for 75,000
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2003 wagonr old price 2.13 – now available for 1.8
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2003 santro old price 2 laksh – now available for 1.65 (alex u escaped)
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2004 alto old price 1.35 – now available for 1.1