Nissan To Price Micra at $9,998 In Canada

Our friends up north in Canada will soon have a new fuel-efficient minicar to get around with, hopefully burning as little gas as possible, and it starts at $9,998, Canadian.

Canada is a market one-tenth the size of the U.S., and often cars are priced a bit higher than they would be in U.S. dollars.

Nissan announced in January it would return the Micra to the Canadian market after a 21-year absence, but has no news for U.S. consumers who might also consider one.

Instead, Nissan said the tight-turning radius, non-hybrid car is tailored specifically for Canadians, and is to set new benchmarks for inexpensive set of wheels.

In short, the aim is to be like what the Tata Nano is in other markets.

Nissan’s car promises Japansese workmanship and reliability, and respectable mileage.

Sales of the new Micra, redesigned for this year and known as the March in Japan, started in Europe at the end of August 2013.

The engine in the Canadian model is not the 1.2-liter in other markets, but rather an approximately 100-horsepower 1.6-liter from the Versa Note.

The base model will be stripped, with hand crank windows and no air conditioning. Pricing for higher trim levels is not known, but this will be the lowest price car in North America, undercutting the also low-priced Versa by about $2,000.

In short, the Micra is a tiny but cheap car costing half what a Toyota Prius c commands.

Nissan expects the Micra to compete more directly against the Chevrolet Spark, the new Mitsubishi Mirage, Mazda2 and Fiat 500.

While Nissan has no announcements for a U.S. version, we’ve learned demand has been spoken of by U.S. dealers, and the car could be priced as low as $9,000 if Nissan wished to bring it here.