Canada’s Cheapest New Car is Going Into Retirement

The Nissan Versa is retiring. The Car Guide has learned from a company spokesperson that production of the small Japanese sedan came to an end in September.

Therefore, there will be no 2026 model. Dealers are currently busy selling off the remaining 2025 models in their lots.

The Versa was not only the last remaining subcompact car on the Canadian market, but also the most affordable new vehicle in the country, with an all-inclusive price of $23,415 (before tax).

Photo: Dominic Boucher

With 3,344 units in the first three quarters of 2025, Versa sales were up 45 percent compared to the same period in 2024. Its 122-horsepower, 1.6-litre inline four-cylinder engine made it both one of the slowest and most fuel-efficient vehicles (excluding hybrids) available, thanks to an average consumption of 6.8 L/100 km.

From now on, Nissan Canada plans to attract budget-conscious shoppers with its redesigned 2026 Sentra, which is due to arrive in dealerships by the end of the year, although pricing remains unknown at the time of writing. Let's not forget the Kicks crossover, starting at $29,991.

Photo: Nissan

Incidentally, the Sentra and Kicks are both manufactured in the same factory that built the Versa, in Aguascalientes, Mexico.

Following the discontinuation of the Versa, the cheapest new vehicle in Canada becomes the Hyundai Venue, whose 2026 model starts at an all-inclusive price of $24,971.

Share on Facebook

More on the subject

Top 10Top 10 Most Fuel-Efficient Cars in 2025
The carbon tax may have been axed in most of Canada (Quebec still has one), but gas prices will keep rising in the future. In order to save money at the pump, many drivers are changing their habits on the road or turning to greener vehicles. On that note, we …
Top 1012 Vehicles That Will or Could Get the Axe Soon
Welcome to another edition of the “Doomed Dozen.” Every year, automakers collectively launch and discontinue dozens of vehicles. It’s always the same story: cars give way to SUVs, new hybrid and electric models keep coming, and the high development costs of a new generation send aging models into retirement. At …
Top 10Top 10 Most Affordable Cars in 2025
New vehicle prices are averaging over $66,000 in Canada, making life extremely tough for many shoppers, especially from the middle class. And that’s not even counting registration, fuel/energy, insurance, maintenance and repairs. Looking for something much cheaper? We’ve compiled a list of the 10 most affordable new cars in Canada …