The 10 Cheapest New SUVs You Can Buy in Canada for 2023

Introduction

SUVs have become increasingly popular in Canada, offering versatility, ample cargo space, and all-weather capability. While many Canadians aspire to own an SUV, they often associate them with high price tags. However, in 2023, there are affordable SUV options available for budget-conscious buyers. In this guide, we'll explore the 10 cheapest new SUVs you can buy in Canada for 2023, providing an array of options that cater to various preferences and financial constraints.

1. 2023 Chevrolet Trax

   • Starting Price: The Chevrolet Trax is known for its affordability. The 2023 base model starts at around $22,298.
   • Why It's a Great Choice: The Trax offers a compact size that's ideal for city driving, good fuel efficiency, and an impressive list of standard features.

2. 2023 Hyundai Venue

   • Starting Price: The Hyundai Venue is one of the most budget-friendly SUVs in Canada, with a base price of around $17,659.
   • Why It's a Great Choice: The Venue boasts a stylish design, a user-friendly infotainment system, and excellent fuel efficiency.

3. 2023 Ford EcoSport

   • Starting Price: The base model of the Ford EcoSport starts at approximately $21,799.
   • Why It's a Great Choice: The EcoSport offers nimble handling, a comfortable interior, and a tall driving position.

4. 2023 Kia Soul

   • Starting Price: The Kia Soul comes with a starting price of about $21,095.
   • Why It's a Great Choice: The Soul stands out with its distinctive style, spacious cabin, and an impressive list of standard features.

5. 2023 Subaru Crosstrek

   • Starting Price: The Subaru Crosstrek has a starting price of roughly $23,495.
   • Why It's a Great Choice: The Crosstrek is known for its all-wheel-drive capability, comfortable ride, and excellent resale value.

6. 2023 Nissan Kicks

   • Starting Price: The Nissan Kicks is quite affordable, with a base price of around $19,998.
   • Why It's a Great Choice: The Kicks offers a user-friendly infotainment system, good cargo space, and impressive fuel efficiency.

7. 2023 Toyota C-HR

   • Starting Price: The base model of the Toyota C-HR starts at approximately $23,650.
   • Why It's a Great Choice: The C-HR features a stylish design, good safety ratings, and a comfortable ride.

8. 2023 Chevrolet Trailblazer

   • Starting Price: The Chevrolet Trailblazer comes with a starting price of about $25,998.
   • Why It's a Great Choice: The Trailblazer offers a spacious interior, easy-to-use technology, and a smooth ride.

9. 2023 Kia Seltos

   • Starting Price: The Kia Seltos starts at approximately $23,095.
   • Why It's a Great Choice: The Seltos offers a comfortable ride, ample passenger space, and a lengthy list of standard features.

10. 2023 Honda HR-V

    • Starting Price: The base model of the Honda HR-V starts at around $27,105.
    • Why It's a Great Choice: The HR-V is lauded for its versatile "Magic Seat" configuration, comfortable ride, and spacious cargo area.

Factors to Consider When Buying an Affordable SUV

1. Budget and Price: Determine your budget and stick to it. While affordable SUVs are a great choice, remember to factor in additional costs such as taxes, registration, insurance, and maintenance.

2. Fuel Efficiency: Consider the fuel efficiency of the SUV you're interested in. A more fuel-efficient vehicle will save you money in the long run, especially considering Canada's vast landscapes.

3. Reliability: Check for reliability ratings and reviews. A reliable vehicle is not only cost-effective credit car loan but also offers peace of mind.

4. Resale Value: Some SUVs hold their value better than others. Resale value is an important consideration when thinking about your long-term finances.

5. Insurance Costs: Insurance premiums can vary significantly based on the make and model of the SUV. Get insurance quotes to understand the ongoing costs.

6. Safety Features: Prioritize safety. Look for SUVs equipped with modern safety features to protect you and your passengers.

7. Cargo Space: Ensure the SUV has adequate cargo space to meet your needs. Consider whether you need extra storage for activities such as road trips, camping, or sports equipment.

8. Warranty Coverage: Review the warranty offered by the manufacturer. A good warranty can save you money on potential repairs.

9. Technology and Features: Evaluate the technology and features offered in the SUV. Modern infotainment systems and advanced safety features can enhance your driving experience.

Conclusion

Owning an SUV in Canada doesn't have to break the bank. There are several affordable options available for budget-conscious buyers in 2023. Whether you prioritize compact city driving, fuel efficiency, or spacious interiors, there's an affordable SUV that suits your needs.

When shopping for an affordable SUV, remember to consider factors such as your budget, fuel efficiency, reliability, resale value, insurance costs, safety features, cargo space, warranty coverage, and technology offerings. By carefully evaluating your options and aligning them with your specific requirements, you can find the perfect, cost-effective SUV that enhances your lifestyle while staying within your budget.