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Hi guys,

I'm new to the forum so I'd like to start by saying hello!

I just purchased a new 2012 Nissan Versa Sedan (S Model). Since I used this site as an educational tool for my buying experience, I thought it would be prudent to come back and fill you guys in on what I paid. I hope this post helps prospective Versa owners.

This is my family's second Versa in 3 years. The first was a 2009 (purchased at the end of 2008) and quite frankly, I was a bit disappointed by the whole buying experience. My burdened emotions doubled down when I realized I had paid $2,000 more than I should have.

This time around I did as much research as possible and I armed myself to the teeth with information in order to deflect the many sharks I would eventually encounter at the dealership. So here's how I fared:

I walked out of the dealer with a 2012 Nissan Versa 1.6L Sedan S Model for $15,000 OTD (including tax, dealer fee, tag and transfer, etc). The car is pretty basic: automatic transmission, cruise control, CD player with ipod connection, alarm, etc. The only downside, for me, is that the car doesn't have automatic windows and locks. However, I feel that I can cope without those extras. All in all the experience was pretty typical. I had to haggle, haggle, haggle until I felt I was getting a pretty good deal. Who knows, I could have probably fought harder for a better price, but I think I did pretty good considering the new model just hit the market.

On top of the $15,000, I added GAP insurance, which came out to $699.00. I know this sounds high but I shopped it around and this was the lowest price I found. However, here's a quick tip: I will be canceling my gap insurance at about the two year mark and get a prorated reimbursement. GAP is only necessary when you're upside down on your loan. Once you have paid down the loan to the point where your car is worth what you owe, you no longer need GAP insurance. At said point, you can simply contact your dealer and have them cancel the GAP insurance. Once it's canceled, you will receive a check by mail for the prorated leftover. With that said, I will probably receive a reimbursement check for $500.00. So, in reality, I will spend about $200 on GAP insurance. I hope this helps. :)

They tried to stick it to me in the end with the financing. At first, they offered a 3.99%. Then they tried to sell me an extended warranty, which would increase the monthly payments by $20. I didn't feel this was a good deal because the extended warranty only covers five years or 60,000 miles. Personally I felt that the 36,000 mile bumper to bumper warranty was sufficient and that an extra two years didn't merit an additional $1,500 dollars. However, the sliminess kept coming... The finance guy proceeded by offering the extended warranty for only $10 more a month. This sounded like fair price, so I decided to go with it. Once I received the final contract, I realized that the warranty seemed like a deal because the interest rate had dropped from a 3.99% to a 2.75%. I quickly brought this up to the finance guy and he tried every trick in the book to convince me that the interest rate was lowered because I accepted the extended warranty. I asked to speak to his manager and I got a nasty look from the finance guy. The manager came in and, ah ha, I qualify for the 2.75% rate with or without the extended warranty. To make a longer story shorter, the room was quite and I could feel a negative vibe from the finance guy, while my paperwork was being finalized but, frankly, I don't give a hoot. He tried to screw me and he got caught.

I walked out with a 2.75% loan on a $15,000 balance, which comes out to $227 a month for 72 months (I paid the GAP insurance separate with a check). Nissan didn't have any financing specials on the new 2012 model, so I think I did pretty well.

Sorry for the long post. Again I hope my experience helps anyone looking to buy a Versa. Feel free to give me your feedback...if you think I got a good deal, let me know and vice versa (no pun intended). Also, if you have any questions, shoot!
 

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Welcome. Sounds like you got a fair deal pretty much. I'm sure you could of gotten a better deal but you would of had to shop around more and more dealings with other sharks lol!

I got my 2011 hatch for 12,800.00 that was including 2000.00 off from Nissan. I also got the gap insurance because i got screwed on a saturn once. After the insurance totaled the saturn i still ended up having to owe 600.00 for a car that was totaled and that i couldn't drive. After they add the sales tax, dealer fee's, gap insurance and extended warranty it adds up quick. I ended paying more for my car than yours but my sentra's tranny crapped the bed and i needed a car quick.

I also ended up getting the extended warranty because my job was 68 miles away. Boy did the milage add up quickly. I already have 25,000 miles on my car and i only had it since December 2010. I changed jobs and now i only drive about 60 miles round trip. The car will be paid off in March and i'll drop the gap insurance, but probably keep the extended warranty.

I paid more for my car but all in all I'm pretty happy with the whole deal. The dealership i got my car from is a decent dealership but their there to make money and sell you add-on's.

I did get the power package which is power windows, cruise control, power door locks and remote for easy entry. First i wasn't going to get the power package but i use the power windows alot and it's a good convenience being able to power down the passenger window or rear windows with out having to lean over etc.

Glad your overall happy with your purchase and welcome to the forum.
 

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Welcome to the forum and thanks for the nice write-up. I am planning on adding another car to my family fleet within the next few months and this type of info is useful.

You mentioned there is another Versa in the family. Have you logged sufficient miles with both as to make a comparison concerning the differences? Things like, power, ride, quietness, comfort, etc.

If you wanted to post a hands-on comparison, it may make more sense to start a new thread as I don't mean to hijack this thread.
 

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Hi and welcome to the forum.. I also new :)

About your Versa 2012 is that the new plataform? according to the engine that you mentioned, 1.6 looks like is the new one right?

Sorry to ask you this but I know that not all countries are going to have the Versa MK2 and only the MK1...

Cheers!
 

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Here on Mexico we have the versions at Dealers.. so you can choose a Versa or a Tiida :)

The first gen for me looks with more space and better equipment, probably by the end of this week I will make a test drive and see how it goes vs the one that I have..
 

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Here on Mexico we have the versions at Dealers.. so you can choose a Versa or a Tiida :)

The first gen for me looks with more space and better equipment, probably by the end of this week I will make a test drive and see how it goes vs the one that I have..
Im surprised they called them a versa over there instead of a sunny
 

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Discussion Starter · #9 ·
I also ended up getting the extended warranty because my job was 68 miles away. Boy did the milage add up quickly. I already have 25,000 miles on my car and i only had it since December 2010. I changed jobs and now i only drive about 60 miles round trip. The car will be paid off in March and i'll drop the gap insurance, but probably keep the extended warranty.


Hi Warrior,

Thanks for the feedback. I agree that getting an extended warranty is the best thing anyone can do. However, in my case, I didn't feel that what I was being offered was worth $1,500 and here is why:

If you purchase the extended warranty the day you buy the car, you are theoretically only extending the life of the warranty by two years. The dealer says that the extended warranty is for 60,000 miles/5 years but the car already comes with a 36,000 mile/3 year bumper to bumper warranty. IMO, you get a better bang for your buck when you acquire the extended warranty once the car is reaching the 36,000 mile mark. I did this with my 2009 Versa (purchased at the end of 2008) and for $1,420 I extended the life of my warranty-preferred gold-to 100,000 miles or till August 2015, which ever comes first. I, too, drive a lot and feel that an extended warranty is the only way to go.

Good luck and take care.
 

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Discussion Starter · #11 ·
Welcome to the forum and thanks for the nice write-up. I am planning on adding another car to my family fleet within the next few months and this type of info is useful.

You mentioned there is another Versa in the family. Have you logged sufficient miles with both as to make a comparison concerning the differences? Things like, power, ride, quietness, comfort, etc.

If you wanted to post a hands-on comparison, it may make more sense to start a new thread as I don't mean to hijack this thread.
Hi Sooner,

Yes, I think I have a good enough feel to give you my input on your questions. My 2009 is a 1.8L hatchback. My new 2012 Sedan has a 1.6L engine. Frankly, the power between the two is pretty comparable. The only difference is that the 1.6 is initially a little slower (ex. accelerating once the light turns green) but seconds after it has good pick-up and the same power as the 1.8. The 1.6 is actually a little bit quieter than the 1.8. Comfort wise, I find the 1.6 to be slightly more comfortable. Don't get me wrong, I kind of like the snug feel that my 2009 model has but, I weigh 200lbs so it can be a bit uncomfortable at times. Personally, I feel the 2012 is not as snug, making it a bit more comfortable for a person my size. As of now, I'm averaging about 33 mpg with the 2012 vs. 28 mpg with my 2009.

Hope this helps...
 

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Discussion Starter · #12 ·
Hi and welcome to the forum.. I also new :)

About your Versa 2012 is that the new plataform? according to the engine that you mentioned, 1.6 looks like is the new one right?

Sorry to ask you this but I know that not all countries are going to have the Versa MK2 and only the MK1...

Cheers!
Hi Betobeans,

Yes, it is the new model and the engine is 1.6L.

Cheers!
 

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Hey all - new to the forum. Normally lurk about on the Murano forums. :)

This thread seems timely for me as the kid just bought a Versa. I negotiated $12,500 +ttl ($13,5K out the door) for a 2012 1.6S Versa sedan, pretty bare bones - AC, Automatic (cvt), that's about it. Does this seem like a good deal or did I have more room to bargain? Love to second guess myself.

Like OP, the finance guy was slimey. I should have beat him down to a lower interest rate (we had 4% and he indicated it was because kid had a co-signer - even though co-signer had excellent credit).

Anyhow - would like to know your thoughts.
 

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Seems like a fair price for a 2012, I bought my 2011 back in January for about that price. Actual loan is more than 15000 but that's because I had to carry over my old loan. I believe that I myself got a good deal especially since my finance rate was 0% for 60 months(That's what timely payments get you with nissan finance :)). Now I pay less than what I used to pay a month for the old car. Bottom line, I think 15k OTD for a base model 2012 is pretty damn good. :thumb2:
 

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Seems like a fair price for a 2012, I bought my 2011 back in January for about that price. Actual loan is more than 15000 but that's because I had to carry over my old loan. I believe that I myself got a good deal especially since my finance rate was 0% for 60 months(That's what timely payments get you with nissan finance :)). Now I pay less than what I used to pay a month for the old car. Bottom line, I think 15k OTD for a base model 2012 is pretty damn good. :thumb2:
0% is awesome. Nissan only had 0.9% when I financed over 60 months. A few months later, they introduced the 0% offer :( ... Ah well. I'm still happy with my Versa !!!!
 

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Hi everyone. Hoping to get some feedback from you all. I am actually in the market for a 2012 Versa at the moment. Since this will be the first car I buy on my own, I'm hoping to get an idea on the ballpark range I should pay.

What I'm looking to get is the 2012 Nissan Versa S model, Automatic (CVT), and the Cruise Control Package. Everything else is standard. When I build it on the site, the total comes out to $13,870.

Now I know that there is wiggle-room for me to negotiate right off the bat. But here's the kicker, I'm planning to pay for the car in full and "in cash" (cashier's check). Now to me, that right there should allow me to get another small chunk off when I'm negotiating.

So there's my story. Do any of you have an idea on what I should bargain towards? I would appreciate any help I can get :)
 

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I heard that cash doesn't really impress the dealer cuz then they miss out on financing. I don't know this first hand, but my two cents anyway. 08v
 

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I bought mine at begin of Oct. since this is a start of new model, I fixed my price at MSRP (SV auto for 14590?) and that's it. Dealer wanted more(they always do) but they didn't put on much a show. Of course, on top of that, I paid every fees like destination, license and tax; but no hidden.
Same thing for me at 8 yrs ago when I bought my Pilot as begin of model, MSRP works.
 

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Hi everyone. Hoping to get some feedback from you all. I am actually in the market for a 2012 Versa at the moment. Since this will be the first car I buy on my own, I'm hoping to get an idea on the ballpark range I should pay.

What I'm looking to get is the 2012 Nissan Versa S model, Automatic (CVT), and the Cruise Control Package. Everything else is standard. When I build it on the site, the total comes out to $13,870.

Now I know that there is wiggle-room for me to negotiate right off the bat. But here's the kicker, I'm planning to pay for the car in full and "in cash" (cashier's check). Now to me, that right there should allow me to get another small chunk off when I'm negotiating.

So there's my story. Do any of you have an idea on what I should bargain towards? I would appreciate any help I can get :)
Cash will definitely talk to them. You can find one on the lot and toss them a number, and just negotiate with them. It might take a bit to get a good number, but they won't want you leaving without a car because they want that money, no matter if its cash or finance.
 
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