Cheapest Cars in Canada for 2024/2025

Whether you need a reliable car for daily commuting, a safe option for family use, or a practical vehicle that doesn’t break the bank, this year’s lineup provides various choices to cater to different lifestyles and preferences. For budget-conscious buyers, finding the right mix of price, safety features, and efficiency is essential, especially when considering insurance costs and long-term maintenance. Here’s a guide to the cheapest new cars in Canada, ensuring you can make an informed decision.

 

New Cars Under $15,000 in Canada

While you won't find any new vehicles under $15,000 in Canada, there are plenty of affordable options if you're looking for a cheap car in the used vehicle market. Whether you're searching for a used car, SUV, truck, or minivan, it's easier than ever to get pre-approved for a vehicle within your budget, with options for cheap monthly payments. Canada Drives makes car shopping stress-free by connecting you with trusted dealerships and offering pre-approval services tailored to your financial situation. Ready to find a car that fits your budget? Get pre-approved here.

 

New Cars Under $20,000 in Canada

Mitsubishi Mirage – Starting at $16,998

Photo: Mitsubishi

Top Features:

• Excellent fuel economy
• Android Auto and Apple CarPlay compatibility
• Automatic emergency braking

Fuel Economy: 6.6 L/100 km combined

The Mitsubishi Mirage, priced at $16,998, stands out as Canada's cheapest vehicle and the only one under $20,000, making it ideal for budget-conscious buyers. Its compact design and 4.6-metre turning radius are perfect for city navigation and parking. Powered by a 1.2L 3-cylinder engine with continuously variable transmission (CVT), it delivers 78 horsepower, 74 lb-ft of torque, and excellent fuel efficiency: 6.6 L/100 km city, 5.6 L/100 km highway, and 6.2 L/100 km combined.

The Mirage’s 7-inch display supports Android Auto and Apple CarPlay, with features like automatic climate control, heated seats, and a rearview camera. Safety features include RISE body construction, 7 airbags, stability control, emergency braking, and hill start assist. While modest in power, this car offers an affordable, efficient, and well-equipped choice for urban driving at an accessible car price.

 

New Cars Under $25,000 in Canada

Mazda 3 – Starting at $24,900

Photo: Mazda

Top Features:

• Blind spot monitoring
• Sporty handling
• Stylish interior

Fuel Economy: 7.0 L/100 km combined 

The Mazda3 is a compact sedan that blends affordability with sporty performance and a refined interior. Its sleek design and driver-centric cabin, featuring high-quality materials, offer an upscale feel.

Powered by a Skyactiv-G 2.5L engine producing 191 horsepower and 186 lb-ft of torque, paired with a 6-speed automatic transmission, the Mazda3 ensures responsive handling. The base GX trim comes with front-wheel drive for an engaging driving experience.

Safety features include i-Activsense with Advanced Blind Spot Monitoring, Rear Cross Traffic Alert, Radar Cruise Control, Smart Brake Support, and Lane-keep Assist. The interior boasts heated front seats, manual air conditioning, and an 8.8-inch display with Mazda Connect supporting Apple CarPlay™ and Android Auto™.

Combining style, performance, and advanced features, the Mazda3 offers exceptional value for drivers seeking a touch of luxury in their daily commute.

Kia Forte – Starting at $23,670

Photo: Kia

Top Features:

• Adaptive cruise control
• Keyless entry
• Low insurance costs

Fuel Economy: 7.0 L/100 km combined 

The Kia Forte stands out as an affordable yet stylish compact car. With its sleek design, featuring a tiger-nose grille and LED lighting, the Forte makes a bold statement on the road. Inside, the cabin offers quality materials and a user-friendly layout for a refined driving experience. With the recent discontinuation of the Kia Rio, the Forte now serves as Kia's primary entry-level model, offering an attractive option for those seeking a blend of value and features.

Equipped with advanced safety tech like adaptive cruise control, forward collision warning, Lane Keeping Assist, and Driver Attention Warning, the Forte ensures peace of mind. The base LX trim includes air conditioning, an 8-inch touchscreen, and smartphone integration. Higher trims add heated seats, a wireless charger, and a sunroof for added luxury.

A 2.0L 4-cylinder engine delivers 147 horsepower and 132 lb-ft of torque, paired with IVT for smooth acceleration and a fuel economy of up to 7.0 L/100 km combined. Low insurance costs and fuel efficiency make the Forte a smart, budget-friendly choice.

Combining style, features, and affordability, the Kia Forte offers an exceptional driving experience that proves budget-conscious doesn’t mean compromise.

Nissan Versa – Starting at $23,105

Photo: Walter Cicchetti - stock.adobe.com

Top Features:

• Automatic emergency braking
• Spacious rear seats
• Leather-wrapped steering wheel (higher trims)

Fuel Economy: 6.7 L/100 km combined 

Starting at $23,105, the Nissan Versa is one of Canada's most affordable sedans, combining sleek design with impressive fuel efficiency. Compact yet spacious, it’s perfect for urban driving, offering comfortable seating for five and a trunk with 425 litres of cargo space.

Powered by a 1.6L 4-cylinder engine with 122 horsepower and CVT, the Versa achieves efficient fuel consumption: 7.4 L/100 km in the city and 5.9 L/100 km on the highway. Higher trims add a leather-wrapped steering wheel for a refined touch.

Safety features include Nissan Safety Shield® 360 with Automatic Emergency Braking, Lane Departure Warning, and optional Rear Cross Traffic Alert and Blind Spot Warning.

With its blend of affordability, efficiency, and robust safety features, the Nissan Versa is a practical, reliable choice for budget-minded drivers.

Toyota Corolla – Starting at $23,670

Photo: Toyota

Top Features:

• Reliable and affordable repair costs
• Blind spot monitoring
• Adaptive cruise control

Fuel Economy: 6.7 L/100 km combined 

Starting at an MSRP of $23,670, the Toyota Corolla remains a reliable, budget-friendly compact sedan known for its dependability and low maintenance costs. Powered by a 2.0L 4-cylinder engine with 169 horsepower and CVT, it achieves a fuel economy of 7.4 L/100 km city and 5.7 L/100 km highway.

Inside, the Corolla offers a comfortable cabin with an 8-inch Toyota Multimedia system, featuring wireless Apple CarPlay and Android Auto. Options like a heated steering wheel and power-adjustable driver's seat add comfort.

Safety is prioritized with Toyota Safety Sense 3.0, including Pre-Collision System, Dynamic Radar Cruise Control, and Lane Tracing Assist, plus a Blind Spot Monitor and backup camera.

The Corolla's blend of affordability, reliability, and advanced features makes it a strong choice for practical drivers.

Hyundai Elantra – Starting at $22,299

Photo: jetcityimage - stock.adobe.com

Top Features:

• Forward collision warning
• Lane-keeping assist
• Spacious interior

Fuel Economy: 7.0 L/100 km combined 

The 2025 Hyundai Elantra is a compact sedan known for affordability, safety, and fuel efficiency. Equipped with Hyundai SmartSense™, standard features include Forward Collision-Avoidance Assist, Adaptive Cruise Control, and Lane Keeping Assist for enhanced safety and confidence.

Inside, the Elantra offers a spacious, driver-focused cabin with an 8-way power-adjustable seat and optional dual-zone climate control for comfort. Under the hood, a Smartstream 2.0L 4-cylinder engine paired with IVT provides smooth acceleration and responsive handling, achieving a combined fuel economy of 6.5 L/100 km.

With its advanced safety, comfortable interior, and efficient performance, the Elantra is a standout choice for a reliable, well-equipped compact sedan.

Hyundai Venue – Starting at $21,099

Photo: jetcityimage - stock.adobe.com

Top Features:

• Keyless entry
• Adaptive cruise control
• Lane departure warning 

Fuel Economy: 7.5 L/100 km combined

The Hyundai Venue, starting at $21,099, is an affordable compact SUV ideal for urban drivers and small families. Its compact size allows easy city navigation, while offering the elevated seating and space of larger vehicles. Powered by a 1.6L 4-cylinder engine with IVT, it delivers 121 horsepower, 113 lb-ft of torque, and a combined fuel efficiency of 7.5 L/100 km.

Inside, the Venue features an 8-inch touch screen with Android Auto and Apple CarPlay, heated front seats, and a rearview camera. Flexible 60/40 split-folding rear seats offer versatile cargo space. Safety highlights include Hyundai's SmartSense suite with lane-keeping assist, adaptive cruise control, and Forward Collision-Avoidance Assist with Pedestrian Detection.

With modern styling, two-tone color options, and practical features, the Venue offers the feel of a larger vehicle with the affordability and efficiency of a compact SUV, making it a smart, budget-friendly choice.

 

New Cars Under $30,000 in Canada

Nissan Sentra – Starting at $26,505

Photo: jetcityimage - stock.adobe.com

Top Features:

• Adaptive cruise control
• Forward collision warning
• Spacious rear seating

Fuel Economy: 7.1 L/100 km combined

The Nissan Sentra is a compact sedan that combines affordability, comfort, and advanced safety, making it great for families and daily commutes. Its sleek design is paired with a spacious interior, offering ample room for passengers.

Powered by a 2.0L 4-cylinder engine with 149 horsepower and 146 lb-ft of torque, the Sentra is equipped with an Xtronic CVT for smooth, efficient performance and good fuel economy of 7.3 L/100 km city and 5.4 L/100 km highway.

Safety features include Nissan's Safety Shield® 360, with Automatic Emergency Braking, Blind Spot Warning, and Rear Cross Traffic Alert. Advanced options like Intelligent Cruise Control and a 360-degree camera enhance driver confidence.

Inside, the Sentra offers ergonomic front seats, ample rear legroom, and a 7-inch infotainment system with Apple CarPlay® and Android Auto™. Higher trims add dual-zone climate control, heated seats, and a Bose® audio system.

With modern design, comprehensive safety, and comfort, the Sentra provides great value for those seeking a reliable compact sedan.

Kia Soul – Starting at $25,527

Photo: Kia

Top Features:

• Roomy interior
• Adaptive cruise control
• Unique design

Fuel Economy: 7.8 L/100 km combined

The Kia Soul is a unique, budget-friendly compact SUV that combines style and functionality. Its boxy design stands out and creates a spacious, versatile interior, ideal for individuals and families. The cabin comfortably seats five, with ample legroom and a large cargo area for easy loading through a wide rear hatch.

Powered by a 2.0L 4-cylinder engine delivering 147 horsepower and 132 lb-ft of torque, paired with an IVT for smooth acceleration, the Soul ensures an efficient driving experience. Standard safety features include Adaptive Cruise Control, Forward Collision-Avoidance Assist, and Lane Keeping Assist to enhance safety and driver awareness.

The infotainment system features a touchscreen compatible with Apple CarPlay® and Android Auto™. Higher trims add a premium Harman Kardon® audio system, wireless charging, and a power sunroof for added luxury.

With its distinct design, roomy interior, advanced safety, and modern tech, the Kia Soul offers great value for those wanting an affordable, versatile vehicle with character.

Nissan Kicks Play – Starting at $25,385

Photo: Nissan

Top Features:

• Excellent cargo space
• Touchscreen infotainment with Android Auto
• Automatic emergency braking

Fuel Economy: 7.2 L/100 km combined

The Nissan Kicks Play is a compact SUV that combines affordability, functionality, and modern features. With bold design lines and a confident stance, it’s perfect for city commutes and weekend getaways.

Powered by a 1.6L 4-cylinder engine producing 122 horsepower with an Xtronic CVT®, the Kicks Play achieves efficient fuel economy at 7.7 L/100 km city and 6.6 L/100 km highway. Inside, it offers spacious seating for five, foldable rear seats for extra cargo space, and a 7-inch touchscreen with Apple CarPlay® and Android Auto™ for seamless connectivity.

Safety is a priority, featuring Nissan’s Safety Shield® 360, including Automatic Emergency Braking, Blind Spot Warning, and Rear Cross Traffic Alert. Higher trims add the Intelligent Around View® Monitor for a 360-degree view.

Keyless entry, push-button start, and efficient climate control enhance the driving experience. The Kicks Play offers a balance of style, practicality, and advanced technology at an affordable price, ideal for budget-conscious drivers seeking modern features and reliability.

Finding the right vehicle on a tight budget is easier with these affordable options for 2024 and 2025. Whether you’re looking for the most affordable vehicles or inexpensive cars that don’t compromise on features, there’s a model on this list that suits your needs and ensures reliable performance, safety, and comfort.