Are you in the market for a new car, but your budget is tight? Fortunately, you have a wide range of affordable cars in Canada in 2025. These vehicles are all from top-notch automakers, such as Toyota, Nissan, and Mazda, and some even include standard features you’d ever expect at these low prices.
To help get you started on your search, we’ve compiled a list of the cheapest new cars in Canada in 2025. Continue reading to learn where the value lies in the new-car market.
8 Cheapest New Cars in Canada for 2025
When you need a new car at an affordable price, this list of the most affordable cars in Canada will help you find one.
2025 Nissan Versa
MSRP: $20,798
Though its price keeps slowly increasing annually, the 2025 Nissan Versa is the cheapest new car in Canada at just $20,798. You get a 1.6-litre four-cylinder engine that pushes 122 horsepower through a continuously variable transmission at this price. Despite its super-low price, the Versa has no manual transmission option.
The 2025 Versa also includes other great standard goodies, including a 7-inch touchscreen infotainment system with Google Assistant and Bluetooth and a four-speaker AM/FM audio system. One odd thing is the base Versa still doesn’t include standard Apple CarPlay and Android Auto. This is standard on virtually every vehicle on the market today, but the Versa only offers it standard in SV and higher trim levels.
The 2025 Versa makes up for its shortcomings regarding Apple CarPlay and Android Auto with its long list of standard advanced safety features. These features include standard forward collision warning, automatic emergency braking with pedestrian detection, lane-departure warning, high-beam assist, a rearview camera, and automatic rear emergency braking.
2025 Hyundai Elantra
MSRP: $22,299
A list of the cheapest cars in Canada must include the increasingly popular choice in the entry-level sedan segment, the Hyundai Elantra.
Hyundai’s entry-level sedan has a respectable base powertrain that includes a 147-horsepower 2.0-litre engine mated to a continuously variable transmission. For those seeking a little more power, Hyundai offers an optional 1.6-litre turbocharged engine with 201 horsepower, but that engine drives the price way up.
Despite its affordable pricing, The Elantra boasts many great features in its base trim level. Its standard features include an 8-inch touchscreen infotainment system, wireless Apple CarPlay and Android Auto, a six-speaker audio system, Bluetooth connectivity, power front windows, and more.
Hyundai has invested heavily in advanced active safety features in its latest models, and the 2025 Elantra is a beneficiary of this. It comes standard with automatic emergency braking, lane-departure warning, lane-keep assist, driver attention warning, and high-beam assist.
2025 Toyota Corolla
MSRP: $23,670
Ringing in with a base MSRP of $23,670, the 2025 Toyota Corolla is one of the cheapest new cars in Canada. The base Corolla comes standard with a 2.0-litre four-cylinder engine that produces 169 horsepower (hp) and 151 pound-feet (lb-ft) of torque. This engine pairs with a continuously variable transmission (CVT) and front-wheel drive at the base level for maximum fuel efficiency.
The 2025 Corolla is one of the best-equipped compact cars on our list. It comes standard with an 8-inch touchscreen infotainment system that features wireless Android Auto and Apple CarPlay, so you can access all your favourite apps right through the infotainment system. Other standard features on the base model include a six-speaker audio system, a tilt-and-telescoping steering wheel, 60/40 split-folding rear starts, and bi-LED headlights, to name a few.
The Corolla also has many standard safety features, including automatic emergency braking with pedestrian and bicyclist detection, adaptive cruise control, lane-departure warning, lane-keep assist, high-beam assist, and more.
2025 Kia K4
MSRP: $23,995
No cheapest car list is complete without at least one Kia model. Enter the 2025 Kia K4, the replacement for the now-discontinued Kia Forte.
The 2025 Kia K4 arrives with a sharp-looking body that stands out in the class and comes standard with a 2.0-litre four-cylinder engine that delivers 147 hp and 132 lb-ft of torque through a standard continuously variable transmission. There’s no option for a manual transmission.
The 2025 K4 takes cues from other Kia models with its futuristic-looking cabin that remains relatively distraction-free. Inside, you’ll also find plenty of great standard features, including a 12.3-inch infotainment system with standard Apple CarPlay and Android Auto, power windows, a four-speaker audio system, keyless entry, Bluetooth, and more.
Kia is huge on advanced safety tech, and this entry-level sedan didn’t miss that memo. It comes with standard adaptive cruise control, automatic emergency braking with pedestrian and cyclist detection, lane-keep assist, rear seat occupant alert, and much more.
2025 Toyota Corolla Hatchback
MSRP: $24,075
The Corolla makes another appearance on our list, but this time, the sportier Corolla Hatchback earns a spot with its $24,075 starting MSRP.
Sure, the wild Corolla GR gets all the performance accolades, but the base 2025 Corolla Hatchback is still quite the performer. It comes standard with a 2.0-litre four-cylinder engine that delivers 169 hp. This power routes through a direct-shift CVT, giving you the fuel efficiency of a CVT with the fun of shifting through simulated “gears.”
The 2025 Corolla Hatchback, like its sedan counterpart, has a lot to offer in terms of features. Inside, you’ll find tons of technology, including an 8-inch infotainment system with wireless Apple CarPlay and Android Auto, power windows, a six-speaker audio system, SiriusXM, keyless entry, Bluetooth, and more.
Toyota has long been an innovator in advanced safety tech, and the Corolla shows that even the cheapest models come with lots of standard safety gear. It comes with adaptive cruise control, automatic emergency braking, automatic high-beam headlights, oncoming vehicle detection, lane-keep assist, and much more.
2025 Mazda Mazda3
MSRP: $24,900
Another one of the cheapest new vehicles in Canada is the 2025 Mazda Mazda3, which rings in at a starting price of just $24,900.
This affordable and sleek-looking sedan comes standard with a 2.0-litre four-cylinder engine that pushes 191 hp and 186 lb-ft of torque through a standard six-speed manual transmission and out to the front wheels. You can also upgrade to a six-speed automatic transmission if you prefer not to shift. On top of the option of automatic or manual, you can also choose optional all-wheel drive in its GS and higher trims.
The Mazda3 is stylistically clean and boasts a clutter-free setup that is elegant and simple for this vehicle class. It also includes a great collection of standard features, such as an 8.8-inch infotainment system with standard Apple CarPlay and Android Auto, power windows, an eight-speaker audio system, keyless entry, SiriusXM, rear cross-traffic alert, blind-spot monitoring, push-button start, heated front seats, 7-inch LCD meters, and more.
The Mazda3 now includes many standard safety features it lacked in recent years. These now include blind-spot monitoring, automatic emergency braking, adaptive cruise control and following distance and speed alerts.
2025 Nissan Sentra
MSRP: $26,505
At one point, the Sentra was Nissan’s entry-level vehicle, but now it is the brand’s mid-range compact sedan. Despite not being the cheapest car in its lineup, the 2025 Nissan Sentra earns a spot on our list of the cheapest new cars in Canada for 2025 with its 26,505 base MSRP.
The 2025 Sentra boasts a sleek body and a 2.0-litre four-cylinder engine that pushes 149 hp and 144 lb-ft of torque through a standard six-speed manual transmission to the front wheels. If you prefer not to shift, you can upgrade to a continuously variable transmission.
The 2025 Sentra has a clean cabin setup with sporty touches, such as the flat-bottom steering wheel and circular air vents. It has plenty of great technology and other comfort features, including a 7-inch infotainment system with standard Apple CarPlay and Android Auto, power windows, a four-speaker audio system, keyless entry, Bluetooth, and more.
The 2025 Sentra also has many advanced safety features to help keep you and everyone inside the vehicle safe. These standard features include forward collision alert, automatic emergency braking with pedestrian detection, lane-departure warning, blind-spot warning, and much more.
2025 Honda Civic
MSRP: $27,840
The 2025 Honda Civic rounds out our list. Its base MSRP is a little high at $27,840, but it still offers a lot of value for that price.
The 2025 Civic has performance variants, but we’re sticking with the base 2.0-litre four-cylinder engine that delivers 150 hp for this list. All 2.0-equipped Civics come standard with a CVT and front-wheel drive.
Inside, the 2025 Honda Civic has plenty of features to satisfy most buyers. These include a 7-inch infotainment system with Apple CarPlay and Android Auto, power windows, an eight-speaker audio system, SiriusXM, keyless entry, Bluetooth, and more.
Where the 2025 Honda Civic shines is its standard driver-assist features. It comes standard with adaptive cruise control, automatic emergency braking, automatic high-beam headlights, oncoming vehicle detection, lane-keep assist, traffic-jam assist, sign recognition, cross-traffic monitoring, and much more.
Cheapest New SUV in Canada for 2025
2025 Hyundai Venue
MSRP: $21,099
The 2025 Hyundai Venue is the ideal choice for the urban adventure seeker with its 7.9 L/100 km city, 6.9 L/100 km highway, and 7.5 L/100 km combined fuel economy. It's the least expensive SUV in Canada, and it certainly does not disappoint. It offers key features such as Forward Collision-Avoidance Assist and a sleek, fun look. From the trendy two-tone colour designs to an interior with an 8-inch touchscreen display and a 4.2-inch digital cluster, the technology is front and centre, too.
Depending on the model selected, you may choose the Intelligent Variable Transmission, which provides natural acceleration that makes stop-and-go traffic easier to navigate. With several terrain modes, it can also handle some off-road performance, though this speedy, easy-to-drive, and most affordable SUV in Canada belongs in the urban jungle.
For more, see our full list of the cheapest SUVs in Canada for 2025.
Why Buy a Cheap New Car When You Can Get a Quality Used Car Instead?
New cars generally depreciate 10% the moment you drive them off the lot and another 10-20% through the first year. That's up to 30% depreciation in just a year. The car will continue to lose 15-25% of its value in subsequent years, totaling upward of 60% depreciation in the first five years.
Why take that initial 30% hit when buying the cheapest vehicle from a new car lot when you can pick up a quality pre-owned vehicle at Clutch, Canada's leading 100% online auto retailer, that’s just a few model years old? With a pre-owned vehicle from Clutch, you can get additional features or a larger vehicle that's only a few years old for less than the price of a cheap new car.
All our pre-owned vehicles go through a rigorous 210-point inspection and reconditioning process and have the option to be backed up with a 3-month or 6,000-km warranty and 10-day or 750-km test-own period.
