2012 Nissan GT-R now on sale

The new Nissan GT-R is here, bringing with it a host of mechanical updates and a $2,000 increase in price to $170,800.

So how much more bang does $2,000 bucks get you? In the new GT-R's case it's an extra 14kW and 16Nm from the 3.8-litre twin-turbocharged V6, bringing everything up to 404kW and 628Nm. The torque curve has also been widened, with peak power now arriving between 3200 and 5800rpm.

What all this means is even harder and faster cornering and straight-line speed for the already insane cut-price supercar. Local models have no top speed restrictions, so Aussies can enjoy the full 315km/h on offer. 0-100km/h now takes just 2.8 seconds, a time creeping closer and closer to the Bugatti Veyron's 2.5 second sprint time with every year that comes. And still for less than a quarter of the price!

The new GT-R also improves on fuel economy, using just 11.7L/100km which is a 0.3L/100km drop on last year's model.

As expected there are hardly any modifications to the GTR's external styling, but on the inside buyers can now enjoy an 11 speaker Bose audio system and reversing camera as standard features.