By Matt Degen
Updated January 30, 2025
The statement, “There are no good cheap new cars anymore,” isn’t necessarily true. For proof, look at the 2024 Nissan Versa. It isn’t just inexpensive; it’s the least expensive new car in the U.S. You could practically buy a trio of Versa sedans for the average transaction cost of a new car, currently over $48,000. Still, for its rock-bottom price, the Nissan Versa is hardly a penalty box. The Versa punches above its price point with active safety features like front and rear automatic emergency braking and even offers adaptive cruise control, wireless phone charging, and Apple CarPlay/Android Auto. With the recent discontinuations of the Hyundai Accent and Kia Rio, the Versa only has one direct rival among subcompact cars: the far less recommendable Mitsubishi Mirage.
After a freshening last year, the Nissan Versa carries over unchanged for 2024. The one difference comes with the NissanConnect Services, which now includes a 3-year trial, up from a 6-month trial previously.
2024 Nissan Versa pricing starts at $15,104 for the Versa S Sedan 4D, which had a starting MSRP of $17,245 when new. The range-topping 2024 Versa SR Sedan 4D starts at $16,907 today, originally priced from $21,255.
Original MSRP | KBB Fair Purchase Price (national avg.) | |||
|---|---|---|---|---|
$17,245 | $15,104 | |||
$20,535 | $16,698 | |||
$21,255 | $16,907 |
The Kelley Blue Book Fair Purchase Price for any individual used vehicle can vary greatly according to mileage, condition, location, and other factors. The prices here reflect what buyers are currently paying for used 2024 Nissan Versa models in typical condition when purchasing from a dealership. These prices are updated weekly.
The Nissan Versa only has one direct competitor, the Mitsubishi Mirage. That vehicle starts at $16,695 in hatchback form and $17,795 as the G4 sedan. Expanding our scope a bit to the few other sub-$20,000 new cars, there’s also the crossover-esque Kia Soul at $19,990 and Hyundai Venue at $19,650. If you’d like something more substantial in the Nissan family, there’s the Sentra, which has a value-oriented price tag starting at $20,630.
Before buying your Nissan Versa, check the Kelley Blue Book Fair Purchase Price. In this dwindling segment, the Versa has a resale value better than that of the Mitsubishi Mirage.
Nobody expects a subcompact sedan with 122 horsepower to light the streets on fire, but if you keep your expectations in check, the Nissan Versa should at least meet them. Its power is good for around-town errands and good enough for highway duties. Plus, its small size can be a real asset in the former. You’ll quickly appreciate the Versa’s ability to snag parking spots that might give you pause in a larger vehicle. And if you have a small garage, you’ll further appreciate the Versa’s tidy footprint. The Versa also benefits from active safety features that you’ll hopefully never have to use, such as automatic emergency braking, plus one in top models that you might not be able to live without once you use it: adaptive cruise control.
We’ve spent hundreds of hours driving and researching this generation of subcompact cars, including the Versa.
In addition to its price, you’ll appreciate the Versa’s fuel economy. The EPA reports models equipped with the continuously variable automatic transmission (CVT) at 35 mpg combined (32 city, 40 highway). Models with the 5-speed manual transmission earn 30 mpg combined (27 city, 35 highway). For such a small car, the Versa’s range is impressive, too: up to 378 miles between fill-ups for the CVT and manual models up to 324.
Nissan did an excellent job squeezing as much space as possible into the little Versa. Front legroom is good, and we appreciate Nissan’s “zero gravity” seats. However, at just 31 inches, the rear legroom is tight. The Versa’s trunk is unexpectedly large – 14.7 cubic feet in S trims and 15 even in the SV and SR grades. Note that if you want folding rear seats — we would — you’ll need to get the S Plus package, at least if you go with the base model. They’re standard on the higher trims. Materials are fair to good, depending on which trim you get. Know that you’ll be grasping a urethane steering wheel in the S and SV grades; it’s leather in the SR models and just another reason to spring for the top trim if your budget can flex a bit. You’ll also get nicer fabric in that model. The S and SV trims have a 7-inch touchscreen, while the SR is nicer with an 8-inch unit. The two higher trims also get a larger, 7-inch digital display within the instrument cluster – what Nissan calls Advanced Drive-Assist. In addition to having heated front seats, the SR also gets automatic climate control rather than the manual setup of the other two trims. If you want Apple CarPlay and Android Auto — and you probably do — here again, you’ll need to opt for at least the S Plus package.
For many years, the Versa was downright dowdy. That all changed when this latest generation debuted for the 2020 model year. The Versa now looks like a downsized Altima, with great proportions and pleasing details. It was further freshened last year with an updated front end. Now, look at Nissan’s little guy. To our eye, it is a wholly pleasing design. And it may not be as small as you think: at 177 inches in length, it’s the size of what used to be classified as a compact car.
Standard safety features
Even the least-expensive Nissan Versa gets front and rear automatic emergency braking and lane-departure warning. Blind-spot monitoring with rear cross-traffic alert comes in at the SV trim level.
Intelligent Cruise Control
Also known as adaptive cruise control, this capability is standard on the Versa SR. It wasn’t all that long ago that this feature was reserved for luxury cars.
Versa SR
The nicest Versa of all, the SR brings features like adaptive cruise control, heated front seats, remote engine start, automatic climate control, and in-car Wi-Fi. All this in a vehicle that starts at $20,140.
Wireless phone charging
Standard equipment starting on the SV grade, wireless phone charging allows you to juice up your phone by simply setting it down on a pad – no cables needed.
That price
We can’t help but repeat ourselves. A new car for under $20,000 is rare. And even a fully outfitted car right around that number – like the Versa SR – is rarer still.
Manual transmission
The Versa offers three pedals and a stick if you are among the few drivers still desiring to shift your gears. It’s only available on base S models, but it’s there nonetheless.
The 2024 Nissan Versa uses a 1.6-liter 4-cylinder engine with 122 horsepower and 114 lb-ft of torque. Those aren’t huge numbers, but they’re easily more than those of the Mitsubishi Mirage, which uses a 1.2-liter 3-cylinder engine making a mere 76 hp. The Versa is front-wheel drive (FWD) and offers the choice of a 5-speed manual transmission in base models or a CVT as an option in the S trim and standard in the others.
A 3-year/36,000-mile new-car warranty covers the 2024 Nissan Versa. The powertrain is covered for five years or 60,000 miles. The Mitsubishi Mirage offers an exceptional new-car warranty of 5 years or 60,000 miles, plus 10-year/100,000-mile powertrain coverage, but we’d stick with the Versa nevertheless.
The Nissan Versa receives a top score of “Good” in the two crashworthiness categories it has undergone by the Insurance Institute for Highway Safety (IIHS). It gets the top 5-Star rating by the National Highway Traffic Safety Administration (NHTSA).
Get up to $500 Nissan Cash on a new 2025 Versa Sedan.
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Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
|---|---|---|---|---|---|
2024 | - | $17,245 | $17,245 | ||
2025 | $2,829 | $14,416 | $12,102 | ||
Now | $674 | $13,742 | $10,208 |
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2-Year Forecasted Depreciation
*Depreciation for the last 12 months of the private party resale value.
Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.
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Curb Weight | 2599 lbs. | ||
|---|---|---|---|
EPA Passenger | 88.9 cu.ft. | ||
EPA Total Interior | 103.6 cu.ft. | ||
Fuel Capacity | 10.8 gallons | ||
Front Head Room | 39.5 inches | ||
Front Leg Room | 44.5 inches | ||
Max Seating Capacity | 5 | ||
Minimum Ground Clearance | 6.8 inches | ||
Overall Length | 177.0 inches | ||
Front Shoulder Room | 53.1 inches | ||
Trunk or Cargo Capacity | 14.7 cu.ft. | ||
Turning Diameter | 34.8 feet | ||
Wheel Base | 103.1 inches | ||
Gross Vehicle Weight Rating (GVWR) | 3770 lbs. | ||
Width with mirrors | 68.5 inches |
Alloy Wheels | Available | ||
|---|---|---|---|
Number of Doors | 4 doors | ||
Rear Spoiler | Available |
City | 27 mpg | ||
|---|---|---|---|
Highway | 35 mpg | ||
Combined | 30 mpg |
Drivetrain | FWD | ||
|---|---|---|---|
Transmission Type | Manual | ||
5 speed | Available | ||
Recommended Fuel | Regular |
Horsepower | 122 @ 6300 RPM | ||
|---|---|---|---|
Torque | 114 @ 4000 rpm | ||
Engine | 4-Cyl, 1.6 Liter |
Basic | 3 years / 36000 miles | ||
|---|---|---|---|
Powertrain | 5 years / 60000 miles | ||
Corrosion | 5 years / Unlimited miles |
Rear door alert
Standard in the SV and SR, it will sound the horn if the driver attempts to lock the car and walk away while someone or something is still on the back seat.
Intelligent Cruise Control
Adaptive cruise control by another name, it’s standard for the SR trim. It keeps a safe distance from the vehicle in front, then gets back up to the preset speed when the road clears.
Automatic emergency braking
Every new Versa has this feature as standard and includes pedestrian detection. If the system senses an imminent collision ahead, it will warn the driver and then apply the brakes automatically if the driver hasn’t responded in time.
![]() Used 2024 Nissan Versa | ![]() Used 2024 Mitsubishi Mirage G4 | ![]() New 2025 Nissan Versa | ||
|---|---|---|---|---|
| Price | $15,104 | $14,274 | $18,330 | |
| KBB.com Rating | 4.2 | 3.1 | 4.2 | |
| Consumer Rating | 4.0 | 4.0 | 4.0 | |
| Fuel Economy | City 27/Hwy 35/Comb 30 MPG | City 35/Hwy 41/Comb 37 MPG | City 27/Hwy 35/Comb 30 MPG | |
| Fuel Type | Gas | N/A | Gas | |
5 Year Cost To Own 5-Year Cost to Own includes out of pocket expenses like fuel and insurance, plus the car’s loss in value over time (depreciation). | N/A | N/A | $50,395 | |
| Safety Rating | 5.0 | N/A | 5.0 | |
| Seating Capacity | 5 | 5 | 5 | |
| Basic Warranty | 3 years or 36000 miles | 5 years or 60000 miles | 3 years or 36000 miles | |
| Horsepower | 122 @ 6300 RPM | 78 @ 6000 RPM | 122 @ 6300 RPM | |
| Engine | 4-Cyl, 1.6 Liter | 3-Cyl, 1.2 Liter | 4-Cyl, 1.6 Liter | |
| Drivetrain | FWD | FWD | FWD |
Nissan has canceled its subcompact Versa sedan, leaving America with no new car for sale under the $20,000 line.
A new report says Nissan has halted production of manual-transmission-equipped Versas, removing the last 5-speed from the American market.
The affordable subcompact car is an endangered species, but Nissan is doing its part to keep cheap and cheerful alive.…
Yes, the 2024 Nissan Versa is a good car. Its Kelley Blue Book rating of 4.2 out of 5 is within 10% of our average rating.
2024 Nissan Versa city/highway fuel economy ratings range from 27/35 mpg to 32/40 mpg, depending on trim and equipment.
Used 2024 Nissan Versa prices currently range from $15,104 for the S Sedan 4D to $16,907 for the SR Sedan 4D when purchasing from a dealership, depending on a range of factors like equipment, mileage, and condition.
The cheapest 2024 Nissan Versa is the S Sedan 4D, with a Kelley Blue Book Fair Purchase Price of $15,104.
The 2024 Nissan Versa is part of the 3rd-generation Versa, which our owners give an above-average reliability rating of 4.2 out of 5.