I rented a Versa about 5-6 years ago and I was surprised how completely "fine" it was.
It was a totally functional vehicle. The radio sounded good enough. The seats were comfy enough. It was a bit of a slug, but it had enough power so that you weren't scared for your life when merging onto a highway.
If those sound like low standards... well, this was not always the case for bargain basement cars...
Right. I've been saying for a while that if you need four seats or fewer, there's no good reason to buy anything more expensive than an entry-level Versa, Soul, Corolla, Civic, etc. (If you need five or more seats, especially with kids' car seats, you're obviously looking at more expensive three-row minivans.)
One way of looking at it, validating the point that others have already made in their comments, it is that there are no bargain basement cars anymore; everything now comes with an automatic transmission, air conditioning, power locks and windows, cameras and sensors, etc. As recently as 2008 when I was buying my Prius, these things were optional on many models. Today's compact cars are, I think, the size of midsize cars from 20 years ago too.
It's kind of like housing in America where the cost per square foot didn't actually rise much in some places, but the average home is now twice the size, so the average home price doubled.
It was a totally functional vehicle. The radio sounded good enough. The seats were comfy enough. It was a bit of a slug, but it had enough power so that you weren't scared for your life when merging onto a highway.
If those sound like low standards... well, this was not always the case for bargain basement cars...