12 Best Cheapest Used Cars in Canada in 2024
12 Best Cheapest Used Cars in Canada in 2024
Posted on June 19, 2024
When it comes to purchasing a car, many Canadians turn to the used car market to find the best deals without compromising on quality. Buying a used car can be a savvy financial decision, offering significant savings compared to new models.
This article highlights some of the most affordable and popular cheap second hand cars in Canada, providing detailed information to help you make the right choice. From compact city cars to reliable sedans, these vehicles are known for their cost-effectiveness, reliability, and overall value. Whether you’re a first-time car buyer or looking to add another vehicle to your household, this guide is for you.
| Car Model | Price Range | Key Features | Pros | Cons |
| Ford Focus | $5,500 - $14,000 | Modern infotainment, EcoBoost engines, spacious cabin | Excellent handling, good fuel economy | Transmission issues in some models |
| Chevrolet Cruze | $5,500 - $14,000 | Fuel-efficient, comfortable, advanced safety features | Strong fuel economy, comfortable ride | Limited rear-seat space |
| Nissan Sentra | $5,000 - $13,000 | Spacious interior, efficient fuel consumption | Roomy cabin, good fuel efficiency | Average performance |
| Kia Forte | $5,500 - $14,000 | Modern infotainment, comfortable interior | Long list of features, strong warranty | Average performance |
| Hyundai Accent | $4,500 - $11,000 | Fuel-efficient, practical interior | Excellent fuel economy, reliable | Limited power |
| Toyota Yaris | $5,000 - $12,000 | Fuel-efficient, durable | Excellent reliability, good fuel efficiency | Limited cargo space |
| Ford Fiesta | $4,500 - $10,000 | Agile handling, fuel-efficient | Fun to drive, good fuel economy | Limited rear-seat space |
| Nissan Versa | $4,000 - $10,000 | Spacious interior, fuel-efficient | Very affordable, roomy cabin | Basic interior materials |
| Kia Rio | $4,000 - $11,000 | Stylish design, fuel-efficient | Attractive design, good fuel economy | Limited power |
| Mitsubishi Lancer | $5,500 - $13,000 | Sporty design, available AWD | Reliable performance, sporty handling | Outdated interior in older models |
| Chevrolet Spark | $3,500 - $9,000 | Compact size, high fuel efficiency | Very affordable, great for city driving | Limited cargo and rear-seat space |
| Chevrolet Sonic | $4,500 - $10,000 | Modern infotainment, comfortable ride | Affordable, available in sedan and hatchback | Average performance |
12 Best Cheapest Used Cars in Canada
1. Ford Focus
Price Range: $5,500 - $14,000
The Ford Focus is a versatile and popular choice in the Canadian used car market. Known for its sharp handling, fuel efficiency, and modern design, the Focus appeals to a wide range of drivers. It offers a comfortable interior, advanced safety features, and a variety of engine options. The hatchback model provides additional cargo space, making it a practical option for families and individuals alike.
Key Features:
- Modern infotainment system with SYNC technology
- Efficient EcoBoost engine options
- Spacious and comfortable cabin
Pros:
- Excellent handling and ride quality
- Good fuel economy
- Affordable maintenance and repair costs
Cons:
- Some models have a reputation for transmission issues
2. Chevrolet Cruze
Price Range: $5,500 - $14,000
The Chevrolet Cruze is a compact sedan that offers a smooth ride, a well-designed interior, and impressive fuel efficiency. It's a popular choice among used car buyers for its reliability and low cost of ownership. The Cruze comes with a variety of tech features, including a user-friendly infotainment system and advanced safety options.
Key Features:
- Fuel-efficient engine options
- Comfortable and quiet cabin
- Advanced safety features like lane departure warning
Pros:
- Strong fuel economy
- Comfortable ride quality
- Affordable and easy to maintain
Cons:
- Limited rear-seat space
Also Read: 11 Best Mileage Cars in Canada
3. Nissan Sentra
Price Range: $5,000 - $13,000
The Nissan Sentra is well-regarded for its spacious interior, smooth ride, and excellent fuel efficiency. It's an ideal choice for those seeking a reliable and budget-friendly sedan. The Sentra offers a range of features, including a modern infotainment system and advanced safety technologies.
Key Features:
- Spacious and comfortable interior
- Efficient fuel consumption
- User-friendly technology
Pros:
- Roomy cabin and trunk space
- Good fuel efficiency
- Affordable maintenance
Cons:
- Average performance compared to some competitors
4. Kia Forte
Price Range: $5,500 - $14,000
The Kia Forte is a compact car that combines style, technology, and affordability. It offers a comfortable ride, a well-designed interior, and a range of tech features that make it a popular choice among used car buyers. The Forte is known for its reliability and low cost of ownership, making it an excellent value.
Key Features:
- Modern infotainment system with smartphone integration
- Comfortable and stylish interior
- Good fuel efficiency
Pros:
- Long list of standard features
- Strong warranty coverage
- Attractive design
Cons:
- Some models have average performance
5. Hyundai Accent
Price Range: $4,500 - $11,000
The Hyundai Accent is a subcompact car that offers excellent value for money. It's known for its reliability, low maintenance costs and fuel efficiency. The Accent provides a comfortable ride, a practical interior, and a range of features that make it a smart choice for budget-conscious buyers.
Key Features:
- Fuel-efficient engine
- Practical and spacious interior for its class
- Affordable maintenance and repairs
Pros:
- Excellent fuel economy
- Reliable and easy to maintain
- Compact size, ideal for city driving
Cons:
- Limited power compared to larger vehicles
6. Toyota Yaris
Price Range: $5,000 - $12,000
It is a subcompact car known for its fuel efficiency, reliability, and practicality. It's a popular choice for urban drivers and those looking for an affordable, easy-to-maintain vehicle. The Yaris offers responsive handling, a comfortable interior, and a reputation for durability.
Key Features:
- Fuel-efficient and reliable engine
- Compact and easy to maneuver
- Durable and low-maintenance
Pros:
- Excellent reliability and longevity
- Good fuel efficiency
- Easy to park and maneuver in tight spaces
Cons:
- Limited cargo space
- Basic interior features in older models
7. Ford Fiesta
Price Range: $4,500 - $10,000
The Ford Fiesta is a subcompact car that stands out for its fun-to-drive nature and stylish design. It offers a comfortable ride, impressive fuel efficiency, and a range of modern features. The Fiesta is an excellent option for city driving, with its compact size making it easy to navigate through traffic and park in tight spaces.
Key Features:
- Agile handling and sporty performance
- Fuel-efficient engine options
- Modern infotainment system with SYNC technology
Pros:
- Fun to drive with responsive handling
- Good fuel economy
- Affordable maintenance
Cons:
- Limited rear-seat space
- Some models have less-than-stellar reliability ratings
Also Read: Best Time to Buy a Used Car in Canada
8. Nissan Versa
Price Range: $4,000 - $10,000
The Nissan Versa is one of the most affordable cars in the used car market, known for its excellent fuel economy and spacious interior. It's a practical choice for budget-conscious buyers, offering a comfortable ride and a simple yet functional design. The Versa provides great value with its low cost of ownership and reliable performance.
Key Features:
- Spacious interior and trunk
- Fuel-efficient engine
- Affordable maintenance
Pros:
- Very affordable pricing
- Roomy cabin for a subcompact car
- Good fuel efficiency
Cons:
- Basic interior materials
- Average performance
9. Kia Rio
Price Range: $4,000 - $11,000
Kia Rio is a car that offers a balance of technology, affordability, and style. It comes with a comfortable interior, modern features, and a reputation for reliability. The Rio is a popular choice for those looking for an economical car that doesn’t sacrifice style or functionality.
Key Features:
- Stylish and modern design
- Fuel-efficient engine
- User-friendly infotainment system
Pros:
- Attractive design
- Good fuel economy
- Long warranty coverage
Cons:
- Limited power compared to larger cars
- Average interior materials
10. Mitsubishi Lancer
Price Range: $5,500 - $13,000
The Mitsubishi Lancer is a compact car known for its sporty design and reliable performance. It offers a comfortable ride, a spacious interior, and a range of features that make it a practical choice for used car buyers. The Lancer is also available in various trims, including some sportier options for those seeking a more dynamic driving experience.
Key Features:
- Sporty design and performance
- Comfortable and spacious interior
- Available all-wheel-drive option
Pros:
- Reliable performance
- Sporty handling
- Good value for money
Cons:
- Outdated interior design in older models
- Average fuel efficiency
11. Chevrolet Spark
Price Range: $3,500 - $9,000
The Chevrolet Spark offers exceptional value with its low price and good fuel efficiency. It's perfect for city driving, thanks to its compact size and nimble handling. The Spark provides a practical and economical solution for those looking for an affordable and reliable used car.
Key Features:
- Compact and easy to maneuver
- High fuel efficiency
- Modern infotainment system
Pros:
- Very affordable pricing
- Great for city driving
- Economical on fuel
Cons:
- Limited cargo and rear-seat space
- Basic interior materials
12. Chevrolet Sonic
Price Range: $4,500 - $10,000
The Chevrolet Sonic is a subcompact car that offers a comfortable ride, modern features, and excellent fuel efficiency. It’s available in both sedan and hatchback models, providing flexibility for different needs. The Sonic is known for its reliability and low cost of ownership, making it a great choice for budget-conscious buyers.
Key Features:
- Modern infotainment system with smartphone integration
- Comfortable ride and interior
- Good fuel efficiency
Pros:
- Affordable and reliable
- Available in sedan and hatchback models
- Economical to run and maintain
Cons:
- Average performance
- Limited rear-seat space in the hatchback model
Conclusion
When it comes to finding the cheapest and most popular used cars for sale in Canada, the options are plentiful. The cars listed in this article provide a mix of affordability, reliability, and practicality, ensuring that you can find a vehicle that meets your needs without breaking the bank. From compact city cars to reliable sedans, these models offer great value and have proven track records in the Canadian used car market.
When buying a used car, it’s essential to consider factors such as the car’s condition, mileage, maintenance history, and overall reliability. Conduct thorough research, take the car for a test drive, and consider getting a professional inspection to ensure you’re making a wise investment.
FAQs
How much does a second hand car cost in Canada?
The cost of a second-hand car in Canada typically ranges from $4,000 to $20,000, depending on the make, model, year, and condition of the vehicle.
In which province of Canada are cars cheaper?
Cars tend to be cheaper in Alberta due to lower taxes and less stringent vehicle inspection requirements compared to other provinces.
Is it good to buy a used car in Canada?
Yes, buying a used car in Canada can be a good decision as it offers significant savings, less depreciation, and a wide selection of reliable vehicles, especially when proper research and inspections are conducted.
Do you pay tax on a second hand car in Canada?
Yes, you do pay tax on a second-hand car in Canada. The tax rate and type vary by province and territory, typically ranging from 5% to 15%. This tax is usually paid at the time of registration or transfer of ownership.