New Car Prices Rising? These 10 Sedans Offer Big Value for Less

New car prices in Canada continue to climb, but for buyers who prefer a sedan over an SUV there are still options that deliver value. The traditional four door five seat sedan may no longer dominate sales, but it remains the right choice for many Canadians who want space, efficiency, and comfort without stretching their budgets too far. From small compacts that qualify as sedans to larger midsize options that border on full size, here are ten of the cheapest new sedans available in Canada today.

Nissan Versa

Nissan Versa SR sedan display at a dealership. Nissan offers the Versa with a 1.6L DOHC 4-Cylinder engine. MY2025
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The Nissan Versa is the most affordable new sedan in Canada, with a starting price around twenty thousand eight hundred Canadian dollars. Powered by a 1.6 liter four cylinder engine producing 122 horsepower, it offers four doors, seating for five, and excellent fuel economy. It is compact in size, but for those who simply want the lowest entry cost into a brand new car, the Versa is the clear winner.

Hyundai Elantra

Hyundai Elantra
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The Hyundai Elantra follows closely with a starting price of roughly twenty two thousand six hundred Canadian dollars. The Elantra offers sharp styling and a surprisingly roomy interior for its price. Buyers appreciate its efficient engines, comfortable seating, and advanced safety equipment that comes standard even in base trims. For those who want an affordable sedan with a more modern feel than the bare bones budget cars, the Elantra is a smart choice.

Kia K4

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Replacing the Kia Forte sedan, the new Kia K4 starts at about twenty three thousand nine hundred Canadian dollars. This four door five seat sedan has a stylish design and a cabin filled with technology, along with Kia’s strong warranty coverage. The K4 positions itself as an affordable car that does not feel cheap, appealing to Canadian buyers who want a touch of refinement without breaking the bank.

Toyota Corolla

2025 Toyota Corolla LE ice cap
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The Toyota Corolla has been one of Canada’s most popular sedans for decades, and its base model now starts around twenty three thousand six hundred Canadian dollars. Renowned for its reliability and strong resale value, the Corolla remains one of the smartest long term investments in the compact sedan market. It seats five comfortably and provides a smooth balance between affordability and proven durability.

Nissan Sentra

2025 Nissan Sentra
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The Nissan Sentra offers a little more size and comfort than the smaller Versa, starting at roughly twenty three thousand nine hundred Canadian dollars. The Sentra is classified as a compact sedan but has grown into a comfortable option that edges closer to midsize territory. It features an attractive cabin, good fuel efficiency, and the practicality that families or commuters expect from a budget friendly sedan.

Volkswagen Jetta

2025 Volkswagen Jetta
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The Volkswagen Jetta adds European flair to the list of affordable sedans, starting at about twenty five thousand seven hundred Canadian dollars. With a solid build quality, refined ride, and efficient turbocharged engines, the Jetta feels more premium than its entry price suggests. It seats five easily and has one of the larger trunks in its class, making it a practical yet stylish choice for Canadian drivers.

Honda Civic Sedan

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The Honda Civic sedan starts around twenty seven thousand eight hundred Canadian dollars and remains one of the most recognizable names in Canada. While slightly more expensive than some rivals, the Civic offers excellent resale value, a roomy cabin, and a reputation for reliability. Its base model includes plenty of modern features, and its strong driving dynamics make it one of the most enjoyable cars in this price range.

Subaru Impreza Sedan

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For Canadian buyers who value all wheel drive, the Subaru Impreza sedan stands out. Starting at about twenty seven thousand nine hundred Canadian dollars, it is the only vehicle in this price bracket that delivers standard all wheel drive. With seating for five, a spacious cabin, and strong winter capability, it appeals to buyers in colder provinces where traction is a priority.

Hyundai Sonata

Hyundai Sonata DN8 PE 2025-03-07
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The Hyundai Sonata edges into midsize sedan territory while still offering an affordable starting price in Canada. The base model provides a larger cabin, ample rear seat room, and a comfortable ride. It blends affordability with a more premium feel, giving buyers a taste of midsize sedan luxury without requiring a premium budget.

Honda Accord

Honda Accord Touring Hybrid
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The Honda Accord is one of the largest and most refined sedans still widely available in Canada, with a starting price around thirty eight thousand three hundred Canadian dollars. It offers a roomy interior, excellent comfort for long drives, and strong fuel economy. While it costs significantly more than compact sedans like the Versa or Elantra, the Accord provides genuine full sized sedan proportions and the prestige of a car that has consistently ranked among the best midsize models worldwide.

Sedans Still Matter

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Even as crossovers and SUVs dominate the Canadian market, these ten sedans prove that there is still a place for the traditional four door five seat car. The cheapest models like the Versa and Elantra make owning a new car possible for tight budgets, while midsize entries like the Sonata and Accord provide space and refinement at a fraction of luxury prices. For Canadians who want affordability without giving up practicality, these sedans remain an excellent choice.

25 Facts About Car Loans That Most Drivers Don’t Realize

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Car loans are one of the most common ways people fund car purchases. Like any other kind of loan, car loans can have certain features that can be regarded as an advantage or a disadvantage to the borrower. Understanding all essential facts about car loans and how they work to ensure that you get the best deal for your financial situation is essential. Here are 25 shocking facts about car loans that most drivers don’t realize:

25 Facts About Car Loans That Most Drivers Don’t Realize

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