Cheapest Cars in Canada 2021 under $20,000 with Pros

Cheapest Cars in Canada 2021, Cheapest new Cars in Canada

Looking for the cheapest new car in Canada that will fulfill your need without a huge investment? Then listen, you will love this article. There are some cheapest cars in Canada that may surprise you. 

Check Also: Cheapest Places to Live in Canada 

With some time, effort, and research, we have found some of the most affordable cars in Canada known for their low price and high quality. There are many cars available in the market under $20,000 with comfortable seats and plenty of other features. 

Cheapest Cars in Canada 2021

With today's economy, buying a new car can be a huge investment, not everyone can afford. But, the Good news is we come up with solutions to meet people's everyday needs. 

Chevrolet Spark

Price: ($10,000/$15,995)

Want to buy 2020 Chevrolet Sparkcheckout PROS

  • Easy to park in tight places.
  • It offers many high-tech features at an affordable price.
  • Safety Features are fantastic.
  • Cargo space is Awesome.
Chevrolet Spark, Cheapest Cars in Canada

Engine: 98Horsepower | 1.4 Liter | 4-cylinder engine

Fuel Economy: City: 8.0/100 kilometer | Highway: 6.0 Liter/100 kilometer

Other Features: Power windows | Remote entry | Double overhead cam | Dual Front And Dual Rear Side-Mounted Airbags | USB with External Media Control | 4 speaker audio system

Chevrolet Spark is 1st in the list of cheapest cars in Canada. The Spark handles well and agreeable to drive in the city. 2020 Chevrolet comes with the modern infotainment capabilities and better fuel economy. There are two main reasons for Spark as Lowest priced car in Canada:

Firstly, the Spark is built-in South Korea where costs are low. Secondly, as you know small cars are cheaper to ship so, it makes Spark one of the least expensive cars in Canada. If you are looking for an impressive number of features at an affordable price, go for Chevrolet Spark.

Nissan Micra

Price: ($11,000/$16000)

Want to buy 2020 Nissan Micra? checkout PROS

  • Cheap to run, Efficient Petrol engine.
  • Interior space and quality and Stylish Rear Design.
  • CVT automatic transmission.

Nissan Micra, Cheapest Cars in Canada

Engine: 109 Horsepower | 1.6 Liter | 4-cylinder engine

Fuel Economy: City: 8.8 Liter/100 kilometer | Highway: 6.6 Liter/100 kilometer

Other Features: START and STOP System | ABS brakes | 7" Multi-Touch Screen | 6 Air Bags | USB and Bluetooth

Nissan Micra is one of the popular choices in Canada for those who are looking for a compact car to drive. In Canada Back in 2014, The Nissan Micra made headlines when it was re-introduced with a surprising price of $9,998.

As mention above, Micra will give you a 1.6-liter DOHC four-cylinder engine that produces 109 Horsepower. The Micra has an eye-catching interior, safety equipment, and a decent petrol engine.

Mitsubishi Mirage

Price: ($12,699/$16000)

Want to buy 2020 Mitsubishi Mirage? checkout PROS

  • Great steering and handling.
  • Industry generous warranty.
  • Best gas mileage figures.
  • Affordable base price.
Mitsubishi Mirage, Most affordable cars in Canada

Engine: 78 Horsepower | 1.2L | 3-cylinder engine

Fuel Economy: City: 6.6Liter/100 kilometer | Highway: 5.6Liter/100 kilometer

Other Features: Remote Anti-Theft Alarm System | Front and Rear Head Airbags | 4-Wheel ABS | Front Power Windows | Rear-view Camera | 4 Speakers | Interior Air Filtration | External Temperature Display | Inside Mounted Spare Tire

The entry-level model in Mitsubishis range with a tiny 1.2-liter 3-cylinder engine that produces 78 Horsepower and 74 lb-ft of torque. The Mirage has a great fuel economy because of the smaller engine. Mitsubishi Mirage is the best choice for both the environment and those looking for an affordable new car.

Check Also: Cheapest Places to Live in Canada 

The Mitsubishi Mirage is available in four levels: ES, LE, SE, and GT. Since you are looking for the cheapest new car in Canada, we would recommend you to go with the base trim level, the ES comes with a 5-speed manual transmission.

Nissan Versa Note

Price: ($14000/$17000)

Want to buy 2019 Nissan Versa Note? checkout PROS

  • High Fuel Economy.
  • Large Cargo Space.
  • Friendly back seat.
  • Easy to Park.
Nissan Versa Note, cheapest electric cars in Canada

Engine: 109Horsepower | 1.6L | 4-cylinder engine

Fuel Economy: City: 7.6Liter/100 kilometer | Highway: 6.2Liter/100 kilometer

Other Features: High fuel economy | Rear vision camera | 5-speed manual transmission| External Temperature Display | Rear Door Child Safety Locks | USB Connection | Air Conditioning | Touch Power Windows | Remote Keyless Power Door Locks

The beauty of Nissan is, Company always tries to come with custom colors and style options that may fit any personality. You know what? Nissan played a major role as a source of affordable cars not only in Canada but in other parts of the world too.

If you are looking for better fuel efficiency, The Versa Note is another affordable car in Canada for Nissan lovers. With a high fuel Economy Versa comes with a decent 1.6-liter 4 cylinder engine that makes 109 Horsepower. Nissan Versa provides you a hatchback body, Clever Cargo Capacity of 38.3 Cubic foot, and five-speed manual transmission.

Hyundai Accent

Price: ($15000/$18000)

Want to buy the 2020 Hyundai Accent? checkout PROS

  • Affordable price.
  • Excellent fuel economy.
  • Comfortable ride and spacious cabin.
  • A very long warranty on new purchases.
Hyundai Accent, cheapest new cars in Canada

Engine: 120Horsepower | 1.6L | 4-cylinder engine

Fuel Economy: City: 8.11Liter/100 kilometer | Highway: 6.03Liter/100 kilometer

Other Features: Remote engine start | Air conditioning | Rearview camera | Six-way manual driver's seat | Power windows door locks | keyless entry | Front and rear dual USB charging ports | Touchscreen interface | Four-speaker sound system  

Hyundai continues its tradition of producing affordable cars. The Accent finished fifth on our list of cheapest Cars Canada. The 2020 Hyundai Accent comes with a decent and attractive interior as well as great features.

The old 130 Horsepower engine is now replaced, 2020 Hyundai Accent (front-wheel-drive) comes with 1.6-litre 4 cylinder engine that makes 120 Horsepower and 113 lb-ft. Accent handles well on the road as it delivers adequate road grip and responsive steering. Accents improve the fuel economy as well, with the new 4 cylinder engine it can cover up to 29/39 MPG in city/highway cycles but the good news is its optional 6-Speed Manual, Continuously Variable Automatic (CVT) improves this to 33/41 MPG.

Kia Rio

Price: ($15850/$16500)

Want to buy 2020 Kia Reo? checkout PROS

  • Spunky handling makes it entertaining to drive. 
  • Solid build quality and improved Fuel Efficiency. 
  • Leading Kia 10-year/100,000-mile warranty program 
  • Superb Steering control. 
KIA RIO, Cheapest new Cars in Canada

120Horsepower | 1.6L | 4-cylinder engine

Fuel Economy: City: 7.13Liter/100 kilometer | Highway: 5.74Liter/100 kilometer

Other Features: Variable Automatic Transmission | Auto Light Control | 7-inch Touch Screen Display with Rear Camera | Android Auto | Power Windows, Door Locks | Dual Front Advanced Airbags | Electronics Stability Control 

The redesigned Kia Rio is the subcompact car from South Korea. With its decent sporty driving, user-friendly interior and a stylish look make this stand out from its competitors. Rio offers many modern upscale features and plenty of Cargo space for shopping around the city.

The 2020 Kia Rio is powered by a 1.6-liter four-cylinder engine that makes 120 horsepower, CVT continuously variable automatic transmission drives the front wheels. The spacious seats and large cargo space make Rio a useful choice for families and those looking for an affordable car. The Rio car available either as a sedan or a hatchback, where sedan comes in two levels, LX and S, but the hatchback is only in S trim. We suggest trim S. It's around $600 more than the base model but comes with desirable features.

Toyota Yaris

Price: ($15,500/$18,700)

Want to buy 2020 Toyota Yaris? checkout PROS

  • Features at a reasonable price.
  • Attractive interior.
  • Small and stylish exterior.
  • High fuel economy.

Toyota Yaris, Cheapest Cars in Canada

Engine: 106Horsepower | 1.5L | 4-cylinder engine

Fuel Economy: City: 7.35Liter/100 kilometer | Highway: 5.88Liter/100 kilometer

Other Features: First Aid Kit | Low Tire Pressure Warning | ABS | Integrated backup camera | Push-button start | Bluetooth | Automatic Climate control | Auto On/Off LED headlights | Pre-Collision System | CVT automatic

The Yaris is one of the least expensive vehicles in Toyota's lineup. The quality interior, better fuel economy, and plenty of standard features make this car hard to resist. Yaris is powered by a 106-horsepower 1.5-liter 4-cylinder engine that makes 103 lb-ft of torque mated to a five-speed manual transmission.

Honda Fit

Price: ($16000/$19000)

Want to buy 2020 Honda Fit? checkout PROS

  • The ride quality is comfortable.
  • Honda nailed it with Magic seats
  • An extensive list of safety and upscale features
  • Roomy Interior
Honda Fit, affordable cars in Canada

Engine: 128Horsepower | 1.5L | 4-cylinder engine

Fuel Economy: City: 8.1Liter/100 kilometer | Highway: 6.6Liter/100 kilometer

Other Features: One-touch power moon roof | Body-colored heated power door mirrors | 16" alloy black wheels | Rear exhaust finisher and diffuser | LED brake lights | automated emergency braking | Lane-departure warning | CVT automatic

Honda Always comes with the surprise, the Fit offers more advanced and safety features than its competitors. Honda Fit is designed for those drivers who are looking for driver assistant technologies, plenty of tech and safety features and large cargo space at an affordable price.

The 2020 Honda Fit is a subcompact available in 4 trim levels: Sport, LX, EX, and EX-L. Every Honda Fit is powered by a 1.5-liter four-cylinder engine, makes 130 horsepower where CVT reduces it to 128 horsepower. The 2020 Honda Fit is really fun to drive, you will find yourself comfortable on long road trips in the Fit.

Check Also: Cheapest Places to Live in Canada 

That’s all from, All of the above cars are the least expensive, affordable and cheapest cars in Canada 2021, Choose your favorite one according to your budget and plans. If you have any questions or want to know more about these cars, ask us right now in the comment section below.

FAQ - Frequently Asked Questions 

1. Which province has the cheapest cars?

Well, the prices depend on many factors including insurance companies, rate by private companies, Gas rates, and traffic on roads as well, so considering these factors here are some of the cheapest places in Canada to own a vehicle.

  • Quebec 
  • Prince Edward Island 
  • New Brunswick
  • Nova Scotia
  • Alberta 

2. What's the best inexpensive car?

With standard features and excellent Gas/Petrol figures, The best inexpensive cars in Canada today are Chevrolet Spark and Mitsubishi Mirage.

3. What is the best month to buy a car in Canada

If your main concern is the low price and you are looking for a new car in the market, the best month to buy a car in Canada is between October and December, where Manufacturers need to free up space in the parking for new models that are being delivered. 

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