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Micra reviews: we've summarized over 50 reviews/test drives of the Micra. Also read reviews from actual Micra owners here.

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With the 2015 Micra starting at $9998, Nissan has lobbed a bombshell into the cheap car segment in Canada.

Previously, the Nissan Versa was on the list as the least expensive sedan in the country, in the middle of two hatchbacks in terms of MSRP.

But with the cancelled Versa sedan to be replaced by the Micra, Nissan has gone from second cheapest new car overall to "HAHAHA! NOBODY CAN TOUCH ME!!" first place in the least expensive car contest.

And even though the Micra's fuel economy is nothing to write home about, its overall running cost (purchase price + fuel cost) is still remarkably competitive: that ~$2000 price advantage buys a lot of gas.

It will be very interesting to see how Chevrolet (who sells the formerly cheapest car, the Spark) and Mitsubishi (who sells the very efficient Mirage) will respond to Nissan's bold move.

Note: the MSRP's below don't include discounts. E.G. Mitsubishi has been offering a $500 discount on the Mirage pretty much since it was launched. GM may also offer discounts from time to time.

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2015 Nissan Micra

- 1.6L 4-cylinder / 109 HP
- manual 5-speed transmission
- 8.7 / 7.8 L/100 (city / hwy estimated NRCAN rating)
- no Air Conditioning (optional equipment)
- AM/FM stereo, 4 speakers

$ 9,998 - MSRP
$ ? - Destination (Freight)
$ ? - Other Fees and Levies
$ ? - total (not including taxes)

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2014 Chevrolet Spark LS
http://configurator.autodata.gm.ca/G...t.html?lang=en

- 1.2L 4-cylinder / 84 HP
- manual 5-speed transmission
- 6.3 / 5.1 L/100 (city / hwy NRCAN rating)
- no Air Conditioning (optional equipment)
- manual windows/locks
- AM/FM stereo, 4 speakers

$ 11,945 - MSRP
$ 1,550 - Destination (Freight)
$ ? - Other Fees and Levies
$ 13,495 - total (not including taxes)

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2014 Mitsubishi Mirage
http://www.mitsubishi-motors.ca/en/v...2014/trims/es/

- 1.2L 3-cylinder / 74 HP
- manual 5-speed transmission
- 5.9 / 4.6 L/100 (city / hwy NRCAN rating)
- No Air Conditioning (optional)
- power windows/locks
- AM/FM/CD/MP3 with USB/iPod inputs, 4 speaker

$ 12,495 - MSRP
$ 1,350 - Destination (Freight)
$ 200 - PDI
$ ? - Other Fees and Levies
$ 14,045 - total (not including taxes)