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  1. May 8, 2024 · The average cost of a new car in Canada is $66,422, according to the March 2024 AutoTrader Price Index. The average cost of a used car is $37,662. However, the average car price in Canada varies depending on the type of vehicle you buy. Keep in mind that you’ll have to pay more than the MSRP (manufacturer’s suggested retail price) to own a ...

  2. Estimated Total Annual Driving Costs for: Whether you buy new or used, there's more to the cost of your vehicle than purchase price. The CAA Driving Costs Calculator will help you build a better understanding of all the ongoing costs of owning a vehicle. You can even use the calculator to compare gas, hybrid and electric vehicles.

  3. Feb 20, 2024 · The average cost of a new car in Canada in 2023, according to AutoTrader, rose to $67,817, an increase of nearly 20 per cent over 2022. That does not mean you can’t find a cheaper car, but it ...

  4. You can expect to pay anywhere from $1.000 to $2.000 per year for car insurance. Some provinces have government-run auto insurance programs while others allow private companies to provide coverage. The median cost in Canada is $1.151, while ownership of a car in Ontario comes with the highest insurance rates at an average of $1.920.

  5. Feb 3, 2024 · The report from Ratehub.com also found the cost of buying a new car shot up more than 19 per cent year-over-year as of September 2023 to $67,817. Average cost of car in Canada at $1,387 a month ...

  6. Jan 30, 2024 · The cost of fuel can be much lower if you drive an electric vehicle. Canada’s most popular all-electric vehicle, the Tesla Model Y, is officially rated to use 17.2 kWh per 100 km travelled. Whereas the cost of hydro in Canada ranges from roughly 8c to 19c per kWh, a similar electric car would cost only $23 to $54 per month to power.

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  8. 2025 Kia Niro EVCanadian MSRP$45,595 - $53,595. View details. 2025 Polestar 4Canadian MSRP$64,900 - $87,500. View details. 2025 Nissan KicksCanadian MSRP$27,199 - $34,899. View details. 2025 Honda PassportCanadian MSRP$50,480 - $56,940. View details. 2025 Kia Sportage HybridCanadian MSRP$38,145 - $43,845.

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