Nissan took sole possession of the crown for least-expensive new car you can buy in America by announcing a $10,990 sticker price plus shipping for the base model of its nicely redesigned 2012 Versa sedan that was unveiled in April in New York. (Reader alert: That's a more dressed up 2012 above.)
Nissan and Hyundai formerly dueled for that distinction with a special model of the old Versa four-door sedan at $9,990 plus shipping vs. a bare-bones Accent at $9,985 (but which was a three-door hatchback coupe).
But Hyundai left the field to Nissan with its just-out redesigned Accent. Hyundai says it no longer wanted to compete in the lowest-end segment, pricing the cheapest new Accent at $12,445 - and not pushing that one (try to find it on Hyundai's consumer site).
While raising the price a bit, Nissan also equipped the new low-end Versa sedan with amenities that were extra on the old one, such as air conditioning. It comes with a five-speed manual, but if gas mileage is your goal, your should opt for the CVT automatic with its slightly higher estimated 33 mpg rating for combined city/highway driving.
The new sedan is due at dealers in August. The separate five-door hatchback version of the Versa gets only minor tweaks for 2012 and goes on sale next week, with pricing still TBA.
Here's the complete rundown from Nissan on that new Versa sedan and pricing for the higher-level trims as well:
At the entry-level price ($10,990), the Versa 1.6 S sedan with five-speed manual transmission includes standard air conditioning, six-way adjustable driver's seat, AM/FM/CD/Aux-in audio system and a 1.6-liter four-cylinder engine with dual-injector system and twin continuously variable timing control (CVTC).
Sticker prices (plus shipping for three models of the Versa sedan – 1.6 S, 1.6 SV and 1.6 SL (engine/model, transmission, price):
- Versa sedan, 1.6 S, 5MT, $10,990
- Versa sedan, 1.6 S, CVT, $12,760
- Versa sedan, 1.6 SV, CVT, $14,560
- Versa sedan, 1.6 SL, CVT, $15,560







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