Cheapest luxury cars to own in Canada

Each model's cheapest trim, ranked by what it costs to own over 6 years in Ontario.

2026 Lexus UX Hybrid 300h
#1
Cheapest to own2026 Lexus UX Hybrid 300hCar · Hybrid · 5 seats · 4 bags
Sticker (MSRP)$45,045
+$9,650→↓Freight, fees, HST
Drive away$54,695
+ running costs→↓− resale
True cost$1,248/moA month to own, after resale
12026 Lexus UX Hybrid 300hCarHybrid54$54,695$89,874$1,248
22026 Volvo XC40 Core B5 AWD Mild hybrid (Gas)SUVHybrid55$55,640$94,099$1,307
32027 Volvo EX30 Ultra P8SUVElectric53$60,815$96,119$1,335
42027 Mercedes-Benz CLA Sedan 250+ Electric SedanCarElectric5—$63,270$96,753$1,344
52026 Acura Integra A SpecCarPremium gas56$50,762$96,874$1,345
62026 Audi A3 40 TFSI quattro S tronicCarPremium gas5—$53,824$97,392$1,353
72026 Cadillac CT4 Luxury RWDCarPremium gas52$53,610$98,250$1,365
82026 Acura ADXCrossover or wagonPremium gas56$56,305$101,204$1,406
92026 Alfa Romeo Tonale SprintSUVPremium gas513$59,878$101,857$1,415
102026 Lexus NX Plug-in Hybrid 450h+SUVPlug-in hybrid55$69,083$103,770$1,441
112027 Lexus ES Hybrid 350h AWDCarHybrid53$71,238$104,444$1,451
122026 Cadillac XT5 Luxury FWDSUVGas57$62,085$104,953$1,458
132026 Mercedes-Benz GLA SUV 250 4Matic SUVSUVPremium gas5—$64,739$105,735$1,469
142026 Lexus NX Hybrid 350hSUVHybrid55$69,363$106,060$1,473
152026 Lexus RZ All-Electric 350eSUVElectric58$71,581$106,361$1,477
162027 BMW 2 Series Gran Coupe 228 xDrive Gran Coupe Essential EditionCarPremium gas5—$61,693$106,886$1,485
172027 BMW X1 xDrive28iSUVPremium gas5—$62,371$106,926$1,485
182027 BMW 2 Series Coupe 230i xDrive CoupeCarPremium gas4—$62,371$107,609$1,495
192026 Cadillac Optiq Luxury RWDSUVElectric56$68,978$108,223$1,503
202027 Volvo XC60 Core B5 AWD Mild hybrid (Gas)SUVHybrid55$70,081$108,789$1,511
212026 Genesis G70 Advanced 2.5TCarPremium gas52$63,442$109,213$1,517
222026 Lexus ES All-Electric 350e FWDCarElectric53$74,446$109,857$1,526
232027 BMW X2 xDrive28iSUVPremium gas5—$64,631$109,911$1,527
242027 Genesis GV70 Select 2.5TSUVPremium gas57$67,967$109,925$1,527
252026 Lincoln Nautilus Premiere HybridSUVHybrid5—$77,116$111,040$1,542
Fuel HybridSeats 5Bags 4Drive away $54,6956-year cost $89,874
Fuel HybridSeats 5Bags 5Drive away $55,6406-year cost $94,099
Fuel ElectricSeats 5Bags 3Drive away $60,8156-year cost $96,119
Fuel ElectricSeats 5Bags —Drive away $63,2706-year cost $96,753
Fuel Premium gasSeats 5Bags 6Drive away $50,7626-year cost $96,874
Fuel Premium gasSeats 5Bags —Drive away $53,8246-year cost $97,392
Fuel Premium gasSeats 5Bags 2Drive away $53,6106-year cost $98,250
$1,406
A month
Fuel Premium gasSeats 5Bags 6Drive away $56,3056-year cost $101,204
Fuel Premium gasSeats 5Bags 13Drive away $59,8786-year cost $101,857
Fuel Plug-in hybridSeats 5Bags 5Drive away $69,0836-year cost $103,770
Fuel HybridSeats 5Bags 3Drive away $71,2386-year cost $104,444
Fuel GasSeats 5Bags 7Drive away $62,0856-year cost $104,953
Fuel Premium gasSeats 5Bags —Drive away $64,7396-year cost $105,735
Fuel HybridSeats 5Bags 5Drive away $69,3636-year cost $106,060
Fuel ElectricSeats 5Bags 8Drive away $71,5816-year cost $106,361
Fuel Premium gasSeats 5Bags —Drive away $61,6936-year cost $106,886
$1,485
A month
Fuel Premium gasSeats 5Bags —Drive away $62,3716-year cost $106,926
Fuel Premium gasSeats 4Bags —Drive away $62,3716-year cost $107,609
Fuel ElectricSeats 5Bags 6Drive away $68,9786-year cost $108,223
Fuel HybridSeats 5Bags 5Drive away $70,0816-year cost $108,789
Fuel Premium gasSeats 5Bags 2Drive away $63,4426-year cost $109,213
Fuel ElectricSeats 5Bags 3Drive away $74,4466-year cost $109,857
$1,527
A month
Fuel Premium gasSeats 5Bags —Drive away $64,6316-year cost $109,911
Fuel Premium gasSeats 5Bags 7Drive away $67,9676-year cost $109,925
Fuel HybridSeats 5Bags —Drive away $77,1166-year cost $111,040

Assumes 18,000 km a year, financed at 6.5% with $5,000 down, driver 35–59 in Toronto. Bags: carry-ons that fit with 4 aboard. Use your own settings · Models not covered