10 Cars $25K and Under in 2025

Purchasing a new car in Canada doesn’t have to break the bank and we’ve found the top 10 most affordable cars available, based on the Manufacturer’s Suggested Retail Price (MSRP) to prove it to you. We get it, cars require a significant investment and affordability doesn’t mean compromising on quality or essential features. Here are the top 10 cheapest cars in Canada.

1. 2025 Hyundai Elantra - Starting at $25,159

Our list starts with the Hyundai Elantra, a sedan that’s build for your every day drive. This compact car features a Smartstream 2.0L MPI 4-cylinder engine and 8.0” Touch-screen display with Android Auto & Apple CarPlay. With a combined fuel economy rating of 6.5L/100 km.

2. 2024 Nissan Sentra - Starting at $25,155

Makes moves with the sporty handling of the Nissan Sentra. It features remote keyless entry, and a 7-inch touchscreen infotainment system and a combined fuel efficiency rating of 6.8L/100 km.

3. 2024 Nissan Kicks Play - Starting at $25,135

Move to your own beat with the Nissan Kicks Play, packed with street-smart tech. Standard features include Apple CarPlay and Android Auto and a 7” colour touchscreen display audio system. With a combined fuel economy rating of 7.2L/100 km.

4. 2024 Hyundai Elantra – Starting at $24,559

The Hyundai Elantra offers a sleek design and features advanced safety systems, including adaptive cruise control and lane-keeping assist. The interior is spacious, providing ample comfort for both driver and passengers. With a combined fuel economy of approximately 6.5L/100 km, it’s both stylish and efficient.

5. 2025 Hyundai Venue – Starting at $24,034

This Hyundai Venue offers the same comfort and host of standard features as the previous year with greater flexibility in exterior colour choice, so you have more opportunity to show your personality. Otherwise, the 2024 model makes our list at number 7.

6. 2024 Kia Forte – Starting at $23,676

The Kia Forte is a compact car that offers a comfortable interior and a smooth ride. Standard features include an 8-inch touchscreen with wireless Apple CarPlay and Android Auto. Safety features like forward collision-avoidance assist are available. Its 2.0L engine delivers a combined fuel economy of approximately 7.9L/100 km.

7. 2024 Hyundai Venue – Starting at $23,634

The Hyundai Venue is a compact SUV that offers a comfortable ride and a host of standard features. It includes an 8-inch touchscreen with Apple CarPlay and Android Auto, forward collision-avoidance assist, and lane-keeping assist. Its 1.6L engine provides adequate power while maintaining a fuel economy of around 7.5L/100 km combined.

8. 2025 Nissan Versa– Starting at $23,405

This Nissan Versa is equipped with a 1.6-liter four-cylinder engine producing 122 horsepower and 114 lb-ft of torque, it delivers a smooth driving experience complemented by impressive fuel economy—achieving up to 7.4L/100 km in the city and 5.9L/100 km on the highway.

9. 2024 Nissan Versa – Starting at $23,105

The Nissan Versa is a 4 door sedan that offers excellent value. It comes standard with a 7-inch touchscreen, and includes automatic emergency braking and lane departure warning. Its 1.6L engine provides good fuel efficiency, with a combined rating of around 6.7L/100 km.

10.2024 Mitsubishi Mirage – Starting at $19,469

The Mitsubishi Mirage is one of the most affordable new cars in Canada. It features a compact design, making it ideal for city driving. Standard features include a 7-inch touchscreen with Bluetooth connectivity. Its 1.2L engine offers exceptional fuel efficiency, achieving approximately 6.2L/100 km combined.

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Pricing is based on information available at the date of publication and are subject to change