Debuted at the 2009 NADA Show, the Kandi Coco has bumped the Indian-born Tata Nano off the top spot from the world’s cheapest car in the world list with its astonish price tag of a mere $865. The Chinese-made Smart-look-alike originally cost $10,599. but thanks to a federal government deduction of $4,435 and an Oklahoma rebate of $5,299, the car is able to cost you less than a couple of pairs of Jimmy Choos! with the top speed of 25 mph, the Coco is no cruiser but it still has a range of 50 to 60 miles per charge which for that kinda price makes it a real hot deal!