A new Versa 1.6 under $10,000 coming?

[Offshore1]

Found this:Nissan North America, Inc.(NNA) today announced a new 2009 Nissan Versa Sedan 1.6 model, whichfeatures a starting Manufacturer's Suggested Retail Price (MSRP)* of$9,990* (excluding Destination and Handling). The new Versa focusessquarely on value and fuel economy, with its standard 107-horsepower DOHC16-valve 1.6-liter inline 4-cylinder engine delivering responsiveperformance and a 34 mpg highway fuel economy rating (with the 5-speedmanual transmission).

The Versa Sedan 1.6 goes on sale at Nissan dealers nationwide beginningNovember 18, 2008.

"Starting under $10,000, this new Versa Sedan 1.6 has the lowestnew-car MSRP in the United States," said Brian Carolin, senior vicepresident, Sales and Marketing, NNA. "It combines the low price of a usedcar with the dependability, high quality and full factory warranty of everynew Nissan. It's our way of saying that in tough economic times, Nissan ishere to help."

Since its introduction in 2006, Nissan Versa has enjoyed strong appealin the marketplace among buyers seeking fuel efficiency without sacrificingperformance or roominess. Versa offers one of the highest standardhorsepower/torque ratings and the largest interior in the entry-levelsegment - along with excellent quality, reliability and durability.

The new high-value Versa Sedan 1.6 model features a smallerdisplacement 1.6-liter engine (versus the standard 1.8-liter), standard5-speed manual transmission and simplified content. It is also availablewith a 4-speed automatic transmission. Fuel economy is rated at 26 mpgcity/34 mpg highway with the 5-speed manual and 26 mpg city/33 mpg highwaywith the 4-speed automatic.

"The new Versa Sedan 1.6 is another way in which Nissan is taking aleadership role in reassuring consumers that now is a great time toconsider a new car," said Carolin.

Unfortunately, this WILL drop the value of those that own current Versa's. Sorry. Guess I got out of mine just in time.



http://wot.motortrend.com/6329....html

http://blogs.thecarconnection....4-mpg/

http://www.motorauthority.com/....html


Modified by Offshore1 at 3:35 PM 10/31/2008

[Atx_Versa]

That sounds pretty cool...reminds of the "Value Package" on the Civic's that Honda offers.

[#1Tango]

that sedan has no crhom under the windows from what i can see.... lucky....

andy HB owners wanna swap w/ me? serious

[marlin29311]

Nissan is actually working on a sub $5k car in India - one that could possibly be shot over to the US if it works out well.

[KimberKenobi]

drop in value = a drop in my property tax... boo-yah!

With the number of miles I've put on my baby, you can bet your *** I'm bringing in a statement of my car's current value to make sure I'm not paying too much in taxes... I'm fairly certain I'll be able to get my taxes dropped since I've already used up one of my warranties...



however, I'd like to point out that the Camel beats the epa numbers that you posted... So, less $$, less power, but probably not as much gas savings as you were hoping... then again, the cost of a CVT V vs the cost of that V is significant enough to warrant the smaller engine if you don't want to lay out the $$ (or can't)

[KimberKenobi]

that sedan has no crhom under the windows from what i can see.... lucky....

andy HB owners wanna swap w/ me? serious

No chrome for me... can I have that grill please?? No chrome on it either...

But why does it look like it has the alloy wheels and not hubcaps?

[the djay]

Unfortunately, this WILL drop the value of those that own current Versa's. Sorry. Guess I got out of mine just in time.

Remember this seems to only appply to the Sedan, so the H/B will retain it's value? Frankly I don't really care if the price went to a dollar, I would still keep the H/B with the options I have...with no regrets.

[Knightro2]

But why does it look like it has the alloy wheels and not hubcaps?

They're wheelcovers. Notice in the pictures you don't see any lug nuts or holes for the lug nuts. And you can juuuuusst make out the small black vent holes underneath from the steel rim.

[sublime1434]

So I just rolled off the lot with my New 09 Versa Hatchback yesterday.... How will this effect the resale on my car?? I know its a bit premature to ask, but damn, what timing huh?

[Knightro2]

I'm still uncertain why this would affect the resale of our cars. They're still in demand unlike trucks and SUVs.

[scar]

If this is the same 1.6, 5spd that is used in the Tiida, there is turbo and supercharger kits ready to bolt on now. Could make for a nice, cheap little performance toy. Maybe this will help speed up the performance aftermarket for the 1.8.

[shiryu0]

so FINALLY a base model, this should have been made since the beginning...........what i dont get though, it gets black mirrors, black grille ( me like .......i dont like the chrome on ours....) smaller wheels, BUT..............the lower grille is painted

[10kvirsa]

I'd rather have a hatch but for a few grand I'll get over it

[Slither]

<10K okay we've all been had.

Glad I leased, 'el cheapo' won't be hitting my residual.

Look for the competition to follow this could be beginning of deflation in car prices.

Where they really need to be is in the financing - won't get sales if people can't get financed and at a reasonable rate.

[Bubs daddy]

Under $10,000. Wow. Sounds like a good deal. Especially someone wanting a new car but can't afford the higher prices.

Having said that, there has to be tradeoffs to get the pricepoint under 10K. I'm sure it will be as base as they come.

I'm not concerned about the value of my SL. I've got quite a bit of car for the money.

[D3stro]

Cars theses days aren't cheap on price. It's hard to get a good car at a good price. With this new sedan, it should help persons who want to buy an affordable car but don't want to get a Hyundai or a Kia. And don't think it should be bad for the value of the HB and sedan with the MR18. This sedan will be totally a base model.

[Nismo V]

BOO! Happy Halloween!

The price of the current models with the 1.8 will actually be better in terms of resale due to the 1.8L being the upgrade from a base model 1.6L which will most likely not come with all the available features of the current models.

Supercharging the 1.6L with something like the Impul system will bring the price point within the range of a SL but it will most likely only produce 20-25hp more then a 1.8L when dynoed.

Let's due the math of it...

109ps=107hp

109ps/1.01387 = 107hp

The 298000 yen or $3026.61USD Impul Supercharger produces 144ps or 142hp on a 1.5L that said, the cost of a supercharged 1.6L would be not worth it due to the 1.6L being rated only 2hp more then the 1.5L... it would have ouput 3hp more then the 1.8L with the Intake Manifold from Dynatek that produces 17hp extra on the 1.8L. But the bigger displacement 1.8L engine with a easy bolt intake manifold for less that $1K to a S or SL is the better deal.

And it's not exactly $10K for the 1.6L you need to add in dealer costs, doc...etc.. then it's just priced around $2k under a S model without all our features.. so I do see us being had.



Modified by Nismo V at 12:15 PM 11/1/2008
Modified by Nismo V at 10:27 PM 11/1/2008

[Ginsu]

Don't want to sound like a prick here (cuz I'm not rich, really) but I think I should point out that not everyone is interested in the Versa because its cheap. Lots of people are, and that's fine, but some like me just love hatchbacks and it doesn't matter how high or low the price runs (within reason). If the Sentra or Altima came in a hatch, I would've bought that instead.

[D3stro]

BOO! Happy Halloween!

The price of the current models with the 1.8 will actually be better in terms of resale due to the 1.8L being the upgrade from a base model 1.6L which will most likely not come with all the available features of the current models.

Supercharging the 1.6L with the Impul system will bring the price point within the range of a SL but it will most likely only produce 20-25hp more then a 1.8L when dynoed.

Let's due the math of it...

109ps=107hp

109ps/1.01387 = 107hp

The Impul Supercharger produces 144ps or 142hp that said, the cost of a supercharged 1.6L would be no better... then say having the Intake Manifold Dynatek had made to add an easy bolt on 17hp for less that $1K to a S or SL.

And it's not exactly $10K for the 1.6L you need to add in dealer costs, doc...etc.. then it's just priced around $2k under a S model without all our features.. so I do see us being had.

Yes Impul make a compressor for the Tiida, but it's for the HR15DE, not for a 1.6L engine just like that new Versa gonna have.

[LVS12Dave]

I really don't like the Versa. Especially the sedan. However for $10,000 I could sell my 05 Altima and use just like $3000 cash to buy this car. I'm definitely going to give this car a look. I wonder how much it will cost to add AC.

[LVS12Dave]

Yes Impul make a compressor for the Tiida, but it's for the HR15DE, not for a 1.6L engine just like that new Versa gonna have.

The 1.6L is the HR16DE, so it should be the same externally. I bet it would bolt on. The good news is that Impul can reflash these ECU's, which will make adding a turbo or supercharger that much easier.

[Nismo V]

Here is a pic of the HR15DE/HR16DE it is only 100 cc displacement difference with a 4.8 stroke change. So it would be resonable to see a 1.6 being adapted to bolt right up based on the engines external design being the same.. Noticed Impul is not selling the Throttle Body with the ECU on their site now http://www.impul.co.jp/

http://www.geocities.com/nissanengine/

[feloniousmonk]

It's true and it was reported by Autoblog. Plus, Nissan has released a press release. The car is priced just under $10k and will be the least expensive car sold in America. The car is very stripped down. As you can see, the mirrors are unpainted. There will be no stereo, but prewired for it and speakers. A/C may also be absent as standard equipment (if I recall correctly, I could be wrong).

It'll be a good solid basic transportation, or for those would like to go all out with modifications.

Quote »Unfortunately, this WILL drop the value of those that own current Versa's.[/quote]False statement. Why would it affect the value of yours? You didn't buy the same exact model, and your car has more standard equipment plus larger engine with more power. Aside from the fact that your car depreciated the moment you drove off the dealer lot and with each passing mile/kilometer, this should have no effect on your rate of depreciation. If anything, few years down the road on the used car market, yours will be more desirable and easier to sell.

Also, in addition to this low priced basic model, it's been reported that Nissan will be offering 0% financing for 36 mo. for those who qualify. Go to http://www.nissannews.com for details.

[Shad0wXCalibur]

Just incase no one knows, the car would have to have absolutely nothing on it to be that low in price. Manual everything, no a/c, and maybe even no rear defrost. And those mileage figures are crap. Mine gets that already with the more powerful 1.8. But if you had no way to afford the better of the two and not having all the features didn't bother you too much, it'd be a good car. I love my power stuff and cruise control though.

[#1Tango]

i like how that sedan latio looks on that impul site

[J. Reid]

Agreed. And by absolutely nothing I can envision it even going as far as having no radio, no remote key, etc, (which at least one other manufacturer has done on their bare bones entry level model, can't recall who it was though). Potentially a model the dealers will have one in the showroom and maybe one or two on the lot, but can count on talking just about everyone up into the 1.8 S or SL with the additional features.

[Great White Versa]

Agreed. And by absolutely nothing I can envision it even going as far as having no radio, no remote key, etc, (which at least one other manufacturer has done on their bare bones entry level model, can't recall who it was though). Potentially a model the dealers will have one in the showroom and maybe one or two on the lot, but can count on talking just about everyone up into the 1.8 S or SL with the additional features.

The Hyundai Accent is still available with no AC and they actually sell them that way in Vegas. A LOT of them. I bet that they pack their lots with these guys and blow them out. With how slow car sells are right now, this will be a hot hit. If AC is an option, i would probably get my little sister into one, cause she's been talking about getting a car soon and looking to spend about that on a used civic or corolla.

[iluvmyVersa08]

Just incase no one knows, the car would have to have absolutely nothing on it to be that low in price. Manual everything, no a/c, and maybe even no rear defrost. And those mileage figures are crap. Mine gets that already with the more powerful 1.8. But if you had no way to afford the better of the two and not having all the features didn't bother you too much, it'd be a good car. I love my power stuff and cruise control though.

i agree with you.the car for $10,000 will be BASIC (manual everything) ... plus the mirrors don't match the colour of your car, the wheels are so tiny. its just like how hyundai has accents for under $10,000 ... have you gone to look at one, thats for basic everything, no a/c, manual transmission, roll down windows. its fine if you don't want any features, but i wouldn't trade my versa HB for nething ... i love it ... i paid for every option and don't regret it at all.

they advertise this price because they figure most people will do upgrades, and want a/c or the power package. soon the price of the car is $20,000 ... so much for buying a $10,000 car. its all about attracting costumers and making a profit from them. car companies would never do anything that would make them lose money. we live in a capitalistic society. money is everything !

[LVS12Dave]

Anyone know if the current $500 rebate will apply to the 1.6l? Or if AC is standard or optional?

[Samyo]

Without A/C, this will be a short-lived model. The folks at Nissan better figure out a way to get A/C in it, while keeping that price point. People don't want to drive around in a car without A/C. Keep in mind there still is a very healthy used car market.