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How Much Should I Pay: 2008 Nissan Versa

Question From Chris: Hello,

I’m looking around for a used 2008 Nissan Versa and I’m wondering what an appropriate price to pay is: found:

2008 Versa SL (1.8L)
18,788 miles
Manual 6 spd.
Power Steering
Power Brakes
Power Door Locks
Power Windows
AM/FM Stereo Radio Premium Sound System
MP3 Player
Air Conditioning
Tilt Steering Wheel
Cruise Control
Compact Disc Player
Anti-Lock Braking System
Alloy Wheels
Rear Spoiler
Cloth Upholstery
Also Nissan Certified (not sure how much of a difference that makes?)

Thank you very much – great website!

Queen of the Road: Hi Chris. Welcome to AutoBragBlog! What price did they offer you? This is a fair range: $8,700 to $12,900.

For a 2008 Nissan Versa Sedan SL with 18,800 miles, wholesale prices range from $11,500 (being in above average condition) to $9,500 (being in average condition) and $7,600 (being in below average condition).

A fair range for a dealership sell it for +12%-14% more than wholesale, so their estimated retail prices could range from $8,700 to $12,900. A private seller will usually aim to sell it for 5%-10%.

Check the carfax and do plenty of research on the history of the vehicle. Ask for their maintenance records. You can even bring a mechanic for a brief inspection. Here’s a good article to read before continuing: Car Buying Tips From An Insider. Let me know if you have any further car questions.

Good luck and keep us posted on how the purchase goes!



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