In the face of rising costs, discovering a thrifty yet generously featured vehicle becomes difficult. Thankfully, different manufacturers offer budget-friendly cars, proving affordability doesn’t mean compromising quality. Many options deliver performance, comfort, and protection, from economical sedans to affordable SUVs. These are the 25 most affordable new cars in Canada right now:
Nissan Versa
The Nissan Versa is among Canada’s most budget-friendly sedans, ranging between $20,000 to $24,000. The car has a 1.6-liter four-cylinder engine with 122 horsepower and a CVT transmission for smooth acceleration. The interior has a 7-inch touchscreen infotainment system, Apple CarPlay, Android Auto, and cloth-trimmed seats with a six-way adjustable driver’s seat. Safety features such as automatic emergency braking, lane departure warning, and pedestrian detection are standard. The Versa goes from 0 to 60 mph in about 10 seconds, which makes it a good city commuter.
Hyundai Venue
Designed by Hyundai’s in-house team, the 2025 Hyundai Venue is a budget-friendly subcompact SUV at about $20,000. It has a 1.6-liter four-cylinder engine producing 121 horsepower. The cabin features an 8-inch touchscreen, wireless Apple CarPlay and Android Auto, heated front seats, and a surprisingly spacious layout. It also has standard safety tech features like forward collision-avoidance assist, lane-keeping assist, and driver attention warning. The Venue reaches 0 to 60 mph in about 10.5 seconds, making it ideal for urban environments.
Hyundai Elantra
The 2025 Hyundai Elantra, designed by Hyundai’s designers, features a sleek and contemporary look and is equipped with a 2.0-liter four-cylinder engine producing 147 horsepower that can accelerate from 0 to 60 mph in approximately 8.5 seconds. Inside, it features an 8-inch touchscreen, wireless Apple CarPlay and Android Auto, high-quality cloth seats, and sophisticated safety features like automatic emergency braking and lane-keep assist. At about $21,000 to $31,000, it offers the best blend of efficiency and capability at about $21,000 to $31,000.
Toyota Corolla
The 2025 Toyota Corolla is well-liked due to its affordability and longevity. It is driven by a 2.0-liter four-banger engine that makes 169 horsepower and is paired with a CVT for smoother driving. The inside has an 8-inch touchscreen, Bluetooth, Android Auto and Apple CarPlay, and modern safety systems such as adaptive cruise control and automatic emergency braking. It accelerates from 0 to 60 mph in around 8.2 seconds, making it one of the more dynamic budget sedans that starts at about $23,000.
Kia K4
The 2025 Kia K4, which is replacing the Kia Forte, is powered by a 2.0-liter four-banger that pumps out 147 horsepower. The cabin of its car has a 12.3-inch infotainment display, wireless Apple CarPlay, and Android Auto, and it comes with sophisticated safety features such as lane-keeping assist and rear-seat occupant alert. It accelerates from 0 to 60 mph in about 9 seconds. It offers a combination of budget-friendliness and contemporary tech, with a roomy interior and plush seating, making it a great option for daily drives and road trips and a starting price of about $24,000.
Toyota Corolla Hatchback
The Corolla hatchback features the same 2.0-liter four-cylinder engine that delivers 169 horsepower. Its more athletic look offers additional cargo room, and the cabin features an 8-inch touchscreen, wireless Apple CarPlay and Android Auto, and safety technologies such as adaptive cruise control, lane-departure warning, and automatic emergency braking. The Corolla Hatchback goes from 0 to 60 mph in around 8.5 seconds. It has aggressive styling and compelling driving characteristics that make it an appealing vehicle to those seeking efficiency and excitement. Its starting price of about $24,000 also makes it exceptionally budget-friendly.
Mazda3
The 2025 Mazda3 provides a premium presence at an entry-level price tag. Its 2.5-liter four-cylinder engine produces 191 horsepower, one of the most powerful within this segment. The interior sports heated front seats, an 8.8-inch screen with Mazda Connect, and a first-rate cabin environment. It goes from 0 to 60 mph in about 7.5 seconds, a solid performer for a budget car. With its premium materials and smooth ride, the Mazda3 provides a near-luxury feel at an economical price that starts at $25,000.
Nissan Sentra
The 2025 Nissan Sentra has a 2.0-liter four-cylinder engine that makes 149 horsepower and goes from 0 to 60 mph in around 9.5 seconds. Inside, it has a 7-inch infotainment screen, Apple CarPlay, Android Auto, and a well-appointed cabin. It also offers standard safety features like automatic emergency braking, lane departure warning, and blind-spot warning. The Sentra is a good option for those looking for an affordable and dependable sedan, offering a comfortable ride and ample seating at a starting price of $23,000.
Honda Civic
Released in 2025, the Honda Civic has a 2.0-liter four-cylinder engine that delivers 150 horsepower. The interior features a 7-inch or 10.2-inch digital instrument cluster, automatic climate control, a remote starter, a heated steering wheel, and heated front seats. Safety features include blind-spot monitoring, rear cross-traffic alert, and emergency front braking. The Civic goes from 0 to 60 mph in about 8.6 seconds. The storied reliability and excellent resale value make the Civic a perennial favorite for Canadian motorists.
Chevrolet Trax
The 2025 Chevrolet Trax features a 1.2-liter three-cylinder turbo engine that delivers 137 horsepower. The cabin includes an 8-inch touchscreen infotainment system, wireless Apple CarPlay and Android Auto, and safety features such as a forward collision alert and lane-keeping assist. With its unexpectedly roomy cabin and smooth ride quality, the Trax is an excellent choice for budget buyers looking for a practical small SUV, with prices that range between $27,000 and $37,000. Its high driving position and up-to-date tech features make it an appealing alternative to pricier crossovers.
Kia Soul
The 2025 Kia Soul is a boxy, fun, and functional subcompact crossover that is driven by a 2.0-liter four-cylinder engine with 147 horsepower that achieves 0 to 60 mph in about 8.8 seconds. The interior has an 8-inch touchscreen infotainment system, Apple CarPlay, Android Auto, and an optional 10.25-inch display with navigation. It also has heated front seats, a roomy rear section, and plenty of cargo space. Safety features such as forward collision avoidance, lane-keeping assist, and driver attention warning come standard, making it a solid, budget-friendly SUV that starts at about $23,000.
Mitsubishi Mirage
Mitsubishi’s Japanese team led the design for the 2025 Mitsubishi Mirage with a focus on economy and efficiency to deliver one of the most affordable new cars in Canada, starting at about $17,000. It has a 1.2-liter three-cylinder engine with 78 horsepower, making it among the least powerful but most fuel-efficient vehicles. The interior is equipped with a 7-inch touchscreen, Bluetooth, a four-speaker audio system, and manual climate control. It has forward collision mitigation, lane departure warning, and rearview camera safety features, and it takes around 12 seconds to accelerate from 0 to 60 mph, prioritizing price over speed.
Chevrolet Malibu
The 2025 Malibu is a midsize sedan driven by a 1.5-liter turbocharged four-cylinder engine producing 160 horsepower at a starting price of about $26,000. The interior provides a roomy cabin with an 8-inch touchscreen, Apple CarPlay, Android Auto, dual-zone climate control, and a premium cloth seating feature. Automatic emergency braking, lane-keeping assist, and rear cross-traffic alert are standard safety features. The Malibu accelerates from 0 to 60 mph in approximately 8.5 seconds, which makes it a comfortable and smooth commuter sedan.
Volkswagen Jetta
The 2025 Volkswagen Jetta has a 1.5-liter turbocharged four-cylinder engine that generates 158 horsepower. The interior is upscale for the price point and comes with a 10.25-inch digital cockpit, wireless Apple CarPlay and Android Auto, and heated front seats. It also has great safety features like blind-spot monitoring, adaptive cruise control, and forward collision warning. It goes from 0 to 60 mph in about 7.6 seconds, making it one of the fastest and safest affordable sedans, whose prices range between $25,000 and $35,000.
Hyundai Kona
The newly redesigned 2025 Hyundai Kona has a starting price of about $26,000. It is a small yet stylish SUV powered by a 2.0-liter four-cylinder engine generating 147 horsepower. Inside, it boasts an 8-inch touchscreen with Apple CarPlay and Android Auto, a digital driver’s display, and available heated seats and steering wheel. The Kona includes lane-following assist, forward collision-avoidance assist, and blind-spot monitoring as standard safety features. It goes from 0 to 60 mph in approximately 8.9 seconds, offering a smooth ride for everyday driving.
Subaru Impreza
The 2025 Subaru Impreza was engineered by Subaru’s team, keeping its familiar 2.0-liter flat-four (Boxer) engine with 152 horsepower at a starting price of about $27,000. It comes with Subaru’s symmetrical all-wheel drive as standard, a big selling point in Canada. The interior features an 11.6-inch touchscreen (on upper trims), cloth seats, and a roomy layout. Standard safety features include Subaru’s EyeSight driver assist system, lane-keeping assist, and adaptive cruise control. The Impreza accelerates from 0 to 60 mph in approximately 8.4 seconds, which is an excellent budget-friendly choice for those requiring AWD.
Nissan Kicks
The 2025 Nissan Kicks is a subcompact SUV built for city commuters. Its 1.6-liter four-cylinder engine generates 122 horsepower. The cabin has a 7-inch touchscreen infotainment system, Apple CarPlay and Android Auto, and premium Bose audio as an option. Safety options include rear automatic braking, blind spot, and lane departure warning. The Kicks accelerates from 0 to 60 mph in around 9.6 seconds, making it economical and fuel-efficient. The Kicks begins at $27,000.
Ford Maverick
The 2025 Ford Maverick is a compact pickup truck featuring a 2.5-liter hybrid engine producing 191 horsepower that can go from 0 to 60 mph in about 7.9 seconds. Its interior is surprisingly roomy, with an 8-inch touchscreen, wireless Apple CarPlay, and a customizable storage system. As safety features, it has a pre-collision assist, a lane-keeping system, and a rearview camera, making it a rare and affordable truck choice that begins at $34,500.
Honda HR-V
The 2025 Honda HR-V has a 2.0-liter four-cylinder engine that produces 158 horsepower. The interior boasts an 8-inch touchscreen with Apple CarPlay and Android Auto, heated front seats, and a versatile Magic Seat system for cargo flexibility. Safety features are standard in the Honda Sensing suite, with lane departure warning, adaptive cruise control, and traffic sign recognition. The HR-V gets 0 to 60 mph in approximately 9.3 seconds, giving it a sturdy and economical crossover starting at about $29,000.
Toyota Camry
The 2025 Toyota Camry is among Canada’s least expensive midsize sedans, starting at about $34,000. Its 2.5-liter four-cylinder engine cranks out 203 horsepower and accelerates from 0 to 60 mph in approximately 7.6 seconds. Its interior is commodious and high-end, with an 8-inch touchscreen display, wireless phone integration, dual-zone climate control, and available leather-trimmed seats.
Hyundai Tucson
Hyundai’s team designed the 2025 Hyundai Tucson and is an affordable compact SUV, starting at about $34,000. It is powered by a 2.5-liter four-cylinder engine producing 187 horsepower and doing 0 to 60 mph in around 8.8 seconds. It features a 10.25-inch touchscreen, wireless charging, and heated front seats. It also has standard safety features, which include blind-spot monitoring, forward collision-avoidance assist, and lane-keeping assist, making it a strong choice in the affordable SUV category.
Chevrolet Equinox
The 2025 Chevrolet Equinox uses a 1.5-liter turbocharged four-cylinder engine that generates 175 horsepower. The interior includes an 8-inch touchscreen, Apple CarPlay, Android Auto, and a premium cloth seating arrangement. The safety features include automatic emergency braking, lane departure warning, and rear cross-traffic alert. The Equinox has a 0-60 mph acceleration of approximately 8.7 seconds, which makes it a good, affordable SUV with a price range between $33,000 and $41,000.
Kia Seltos
The 2025 Kia Seltos is a subcompact SUV with a 2.0-liter four-cylinder engine that makes 147 horsepower and accelerates from 0 to 60 mph in about 8.6 seconds. It has a 10.25-inch infotainment system, premium cloth upholstery, and heated seats. Its safety features include blind-spot monitoring, lane-keeping assistance, and automatic emergency braking, making it an efficient and attractive choice. The aggressive styling and optional all-wheel drive are also well-suited to drivers seeking a combination of price and flexibility, starting at about $25,000.
Subaru Crosstrek
The Subaru Crosstrek has a 2.0-liter flat-four engine, putting out 152 horsepower with standard all-wheel drive that can go from 0 to 60 mph in approximately 9.1 seconds. The interior features an 8-inch infotainment display, Apple CarPlay, Android Auto, and water-resistant trim. Its safety features include adaptive cruise control, lane centering assist, and pre-collision braking, an excellent budget-friendly AWD crossover. The Crosstrek has a starting price of about $29,000.
Volkswagen Taos
The Volkswagen Taos, created by Volkswagen’s German engineers, has a 1.5-liter turbocharged four-cylinder engine and 158 horsepower. It also has a 10-inch digital cockpit, wireless smartphone charging, and premium seating. The safety features comprise adaptive cruise control, blind-spot monitoring, and rear cross-traffic alert. The vehicle accelerates from 0 to 60 mph in around 8.5 seconds and starts at about $29,000.
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