The manufacturer (Nissan) guarentees the Recently sold my Versa after 9 years of happy ownership because I got my wife's Infinity when I bought here a new Alfa Romeo Julia. I never had any trouble with the Versa and loved it.
2008 Nissan Versa 1.8 S 4dr Hatchback (1.8L 4cyl 4A)
Where do I start? The car definitely runs well, but slowly, has problems with even a mildly steep hill. Traveling in the rain and snow is a complete hassle. Aside from lack of power, I haven't had problems with trans, engine or drive train. However the exhaust heat shield rattles after one month of ownership. The electronics are lackluster, being just windows and a radio, but the drive side is automatic so that's a bonus. The fuel economy is good but not great, considering the size, I don't have an exact estimate but I top it off every week and a half with a relatively short commute. Storage is okay, nothing spectacular, I moved with this car but I only had a bedroom's worth of furniture, on a side note the hatchbacks lift broke within a week of owning it. In summary, this car will do but there are tons of better car in the used market, definitely look elsewhere especially with Honda civic/accord, Toyota corolla/camry, ford focus, and other nissans like the sentra.
I recently purchased my 2008 Nissan Versa SL. So far I love it. The acceleration is adequate and cvt shifts smoothly. Just had to fix a broken low tire pressurs sensor, but my mechanic checked it over and it was in great shape.