Cheapest plug-in hybrids to own in Canada

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

2026 Toyota Prius Plug-in Hybrid SE
#1
Cheapest to own2026 Toyota Prius Plug-in Hybrid SECar · Plug-in hybrid · 5 seats · 5 bags
Sticker (MSRP)$40,150
+$6,124→↓Freight, fees, HST
Drive away$46,274
+ running costs→↓− resale
True cost$959/moA month to own, after resale
12026 Toyota Prius Plug-in Hybrid SECarPlug-in hybrid55$46,274$69,016$959
22026 Toyota RAV4 Plug-in Hybrid SE AWDSUVPlug-in hybrid58$56,071$75,333$1,046
32027 Kia Sportage Plug-in Hybrid EXSUVPlug-in hybrid58$53,627$82,410$1,145
42026 Kia Sorento Plug-in Hybrid LXSUVPlug-in hybrid69$55,892$83,964$1,166
52026 Mazda CX-70 Plug-in Hybrid GS-SCSUVPlug-in hybrid510$56,415$87,448$1,215
62026 Mazda CX-90 Plug-in Hybrid GSSUVPlug-in hybrid810$57,545$93,247$1,295
72026 Hyundai Tucson Ultimate Plug-in Hybrid AWDSUVPlug-in hybrid58$63,790$96,554$1,341
82026 Mitsubishi Outlander PHEV ES S-AWCSUVPlug-in hybrid77$56,579$97,005$1,347
92026 Lexus NX Plug-in Hybrid 450h+SUVPlug-in hybrid55$69,083$103,770$1,441
102026 Nissan Rogue Plug-in Hybrid Platinum AWDSUVPlug-in hybrid77$69,564$107,765$1,497
112027 Mercedes-Benz GLC SUV 350e 4MATIC SUVSUVPlug-in hybrid5—$82,932$118,704$1,649
122027 Lexus RX Plug-in Hybrid 450h+SUVPlug-in hybrid57$92,228$129,947$1,805
132027 Volvo XC60 Ultra T8 AWD Plug-in hybridSUVPlug-in hybrid55$99,348$138,182$1,919
142027 BMW 5 Series 550e xDrive SedanCarPlug-in hybrid5—$102,373$142,580$1,980
152027 Volvo XC90 Ultra T8 AWD Plug-in hybridSUVPlug-in hybrid68$112,795$152,228$2,114
162026 Mercedes-Benz GLE SUV 450e 4MATIC SUVSUVPlug-in hybrid5—$111,295$153,947$2,138
172027 Mercedes-Benz E-Class Sedan AMG E 53 HYBRID SedanCarPlug-in hybrid5—$133,599$176,743$2,455
182027 Mercedes-Benz E-Class Wagon AMG E 53 HYBRID WagonCarPlug-in hybrid5—$137,938$181,844$2,526
192027 Porsche Cayenne E-HybridSUVPlug-in hybrid54$138,472$187,884$2,609
202027 Porsche Cayenne Coupe E-Hybrid CoupéSUVPlug-in hybrid43$145,524$199,101$2,765
212027 Porsche Panamera 4 E-HybridCarPlug-in hybrid4—$168,711$223,393$3,103
222027 Mercedes-Benz GLE Coupe AMG GLE 53 HYBRID 4MATIC+ CoupeSUVPlug-in hybrid5—$172,245$225,024$3,125
232027 BMW M5 SedanCarPlug-in hybrid5—$175,349$230,721$3,204
242027 BMW M5 TouringCrossover or wagonPlug-in hybrid5—$182,129$243,316$3,379
252027 BMW XM LabelSUVPlug-in hybrid5—$277,636$351,049$4,876
Fuel Plug-in hybridSeats 5Bags 5Drive away $46,2746-year cost $69,016
Fuel Plug-in hybridSeats 5Bags 8Drive away $56,0716-year cost $75,333
Fuel Plug-in hybridSeats 5Bags 8Drive away $53,6276-year cost $82,410
Fuel Plug-in hybridSeats 6Bags 9Drive away $55,8926-year cost $83,964
Fuel Plug-in hybridSeats 5Bags 10Drive away $56,4156-year cost $87,448
Fuel Plug-in hybridSeats 8Bags 10Drive away $57,5456-year cost $93,247
Fuel Plug-in hybridSeats 5Bags 8Drive away $63,7906-year cost $96,554
Fuel Plug-in hybridSeats 7Bags 7Drive away $56,5796-year cost $97,005
Fuel Plug-in hybridSeats 5Bags 5Drive away $69,0836-year cost $103,770
Fuel Plug-in hybridSeats 7Bags 7Drive away $69,5646-year cost $107,765
Fuel Plug-in hybridSeats 5Bags —Drive away $82,9326-year cost $118,704
Fuel Plug-in hybridSeats 5Bags 7Drive away $92,2286-year cost $129,947
Fuel Plug-in hybridSeats 5Bags 5Drive away $99,3486-year cost $138,182
Fuel Plug-in hybridSeats 5Bags —Drive away $102,3736-year cost $142,580
Fuel Plug-in hybridSeats 6Bags 8Drive away $112,7956-year cost $152,228
Fuel Plug-in hybridSeats 5Bags —Drive away $111,2956-year cost $153,947
Fuel Plug-in hybridSeats 5Bags —Drive away $133,5996-year cost $176,743
Fuel Plug-in hybridSeats 5Bags —Drive away $137,9386-year cost $181,844
Fuel Plug-in hybridSeats 5Bags 4Drive away $138,4726-year cost $187,884
Fuel Plug-in hybridSeats 4Bags 3Drive away $145,5246-year cost $199,101
Fuel Plug-in hybridSeats 4Bags —Drive away $168,7116-year cost $223,393
Fuel Plug-in hybridSeats 5Bags —Drive away $172,2456-year cost $225,024
$3,204
A month
Fuel Plug-in hybridSeats 5Bags —Drive away $175,3496-year cost $230,721
$3,379
A month
Fuel Plug-in hybridSeats 5Bags —Drive away $182,1296-year cost $243,316
$4,876
A month
Fuel Plug-in hybridSeats 5Bags —Drive away $277,6366-year cost $351,049

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