If you need a car and have $12,550 to spend, you can get yourself into a brand-new 2007 Nissan Versa sedan, which went on sale nationwide on Wednesday. We're partial to the hatchback ourselves, as we favor the practicality it offers, but based on what Americans buy, we appear to be in the minority.

Nissan knows this, and that's why your local Nissan store now has two flavors of Versa on the lot. The aforementioned $12,550 buys you a Versa S with a 122-horse 1.8L and a six-speed manual. If you prefer the optional 4-speed auto, it'll cost you another thousand dollars.

The pricing scale progresses up to $15,550 (plus destination) for the Versa 1.8 SL with CVT. That model comes well-equipped with 15" alloys, power windows and doors, AM/FM/CD, remote keyless entry, cruise, 60/40 split rear seat and a security system. We decided to build a CVT-equipped SL with the optional $300 XM radio on Nissan's website, because $16K and change for 30/36 EPA fuel economy sounded pretty good to us.

Unfortunately, when we added the XM, Nissan forced us to also take the $700 Convenience package, $600 sunroof package, and $250 ABS package as well. That brought the price up to $18,015 before taxes, etc. and that strikes us as being misleading, and lame. The Versa at a little over $16K was attractive, but at $18K we'll pass, thanks. (Oh, and Nissan? Make the ABS standard next time, OK?)

You can check out their full press release after the jump.

[Source: Nissan]


PRESS RELEASE:

Nissan Announces Pricing on 2007 Versa Sedan

Sedan Model Joins Popular Versa Hatchback with an Identical Starting MSRP of $12,550

NASHVILLE, Tenn. --(Business Wire)-- Dec. 20, 2006 Nissan North America, Inc. (Nasdaq:NSANY) today announced pricing on the new 2007 Nissan Versa Sedan, which goes on sale December 20 at Nissan dealers nationwide. The starting Manufacturer's Suggested Retail Price (MSRP) for the Versa Sedan 1.8 S with a standard 122-horsepower 1.8-liter DOHC 4-cylinder engine and 6-speed manual is $12,550 - identical to the 2007 Nissan Versa 1.8 S 6MT Hatchback model, which was introduced last July and has been in short supply ever since.

"Consumer response to the roomy, highly fuel-efficient Versa Hatchback has been tremendous, with dealer inventory running at around a 15-day supply level or less since its introduction last summer. We'll be adding additional Versa production at our Cuernavaca, Mexico plant in January to help catch up with demand," said Bill Bosley, vice president and general manager, Nissan Division. "The new Versa Sedan, which maintains the Versa Hatchback's strong value equation, is a welcome addition to the lineup."

Three other 2007 Versa Sedan models are available: the Versa Sedan 1.8 S 4-speed automatic transmission, priced at $13,350; the Versa Sedan 1.8 SL 6-speed manual transmission, offered at $14,550; and the Versa Sedan 1.8 SL with Nissan's advanced Xtronic CVT(TM) (Continuously Variable Transmission), which is priced at $15,550.

Available packages for the 2007 Nissan Versa Sedan include the Convenience Package (1.8 SL), Sunroof Package (1.8 SL), Power Package (1.8 S), and ABS Package (all models). Also available are factory installed splash guards and XM(TM) or Sirius(R) satellite radio (1.8 SL).

The Versa Sedan offers outstanding roominess (second only to the Versa Hatchback in class), exceptional interior quality and a long list of available upscale amenities. Versa also includes a long list of standard safety features, including an Advanced Air Bag System (AABS) and both front seat side-impact and side-curtain supplemental air bags.

Versa recently earned NHTSA's 5-star rating for side-impact crash test safety,(1) as well as receiving the highest possible rating from IIHS (Insurance Institute for Highway Safety) in all three tested areas - front, side and rear impact evaluations.(2) Versa was also awarded the Consumers Digest "Best Buy" award for 2007.(2)

The new Versa Sedan, like the Versa Hatchback, is built on Nissan's advanced "B" platform and offers responsive acceleration, agile handling and estimated EPA highway/city fuel economy of 30/36 miles per gallon with the CVT transmission.

Versa Sedan SL models include standard 15-inch aluminum-alloy wheels, in-dash CD6 autochanger with mp3 playback, auxiliary input jack, remote keyless entry, cruise control with steering wheel controls, soft-touch interior accents and 60/40 split fold-down rear seats. Available optional amenities include Intelligent Key keyless entry/ignition system, Bluetooth(R) Hands-Free Phone System, power sunroof and satellite radio.

"The new Versa Sedan is a great choice for buyers who prefer sedan styling and a traditional trunk, while the Versa Hatchback offers the added flexibility of a rear hatch and combined cargo/passenger compartments," said Bosley. "It's an easy choice to have, with two great cars for the same great price."