Cheapest vehicles that tow 5,000 lb in Canada

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

2026 Ford Ranger XL
#1
Cheapest to own2026 Ford Ranger XLPickup · Gas · 5 seats · open bed
Sticker (MSRP)$43,370
+$9,473→↓Freight, fees, HST
Drive away$52,843
+ running costs→↓− resale
True cost$1,255/moA month to own, after resale
12026 Ford Ranger XLPickupGas5Bed$52,843$90,351$1,255
22026 Toyota Tacoma 4X4 Double CabPickupGas5Bed$58,735$90,967$1,263
32026 Mazda CX-70 GS-LSUVGas510$59,763$98,580$1,369
42026 Toyota 4RunnerSUVGas711$66,221$99,009$1,375
52026 Volkswagen Atlas Cross Sport Comfortline 4MOTIONSUVGas510$61,299$101,006$1,403
62026 Chevrolet Colorado Trail BossPickupGas5Bed$59,147$101,540$1,410
72026 Toyota Tundra Double Cab SR 4X2 Regular BedPickupGas5Bed$65,001$101,748$1,413
82026 Chevrolet Silverado 1500 WT 2WDPickupGas3Bed$59,373$102,177$1,419
92026 Chevrolet Traverse LTSUVGas714$62,198$102,343$1,421
102026 GMC Canyon ElevationPickupGas5Bed$62,537$102,348$1,422
112026 Honda Ridgeline SportPickupGas5Bed$63,555$102,847$1,428
122026 Toyota Tacoma Hybrid 4X4 Double CabPickupHybrid5Bed$77,290$103,396$1,436
132026 GMC Sierra 1500 Pro 2WDPickupGas3Bed$60,503$103,544$1,438
142026 Toyota Highlander XLE AWDSUVGas89$61,718$104,287$1,448
152026 Mazda CX-90 GS-LSUVGas810$61,289$105,346$1,463
162027 Ford Explorer ActiveSUVGas7—$63,160$105,816$1,470
172026 Jeep Gladiator WillysPickupGas5Bed$66,206$106,239$1,476
182026 Honda Passport TrailsportSUVGas511$68,075$106,426$1,478
192027 Volkswagen Atlas Comfortline 4MOTIONSUVGas714$64,576$106,477$1,479
202026 Toyota Grand Highlander XLESUVGas814$62,396$106,944$1,485
212025 Kia Telluride EXSUVGas811$60,991$107,560$1,494
222026 Nissan Frontier Crew Cab PRO-4X SWB 4x4PickupGas5Bed$67,034$108,669$1,509
232026 Honda Pilot SportSUVGas815$66,447$108,730$1,510
242026 GMC Acadia ElevationSUVGas814$65,475$109,485$1,521
252026 Hyundai Palisade Preferred TrendSUVGas811$64,468$111,256$1,545
$1,255
A month
Fuel GasSeats 5Bags BedDrive away $52,8436-year cost $90,351
Fuel GasSeats 5Bags BedDrive away $58,7356-year cost $90,967
$1,369
A month
Fuel GasSeats 5Bags 10Drive away $59,7636-year cost $98,580
$1,375
A month
Fuel GasSeats 7Bags 11Drive away $66,2216-year cost $99,009
Fuel GasSeats 5Bags 10Drive away $61,2996-year cost $101,006
Fuel GasSeats 5Bags BedDrive away $59,1476-year cost $101,540
Fuel GasSeats 5Bags BedDrive away $65,0016-year cost $101,748
Fuel GasSeats 3Bags BedDrive away $59,3736-year cost $102,177
Fuel GasSeats 7Bags 14Drive away $62,1986-year cost $102,343
Fuel GasSeats 5Bags BedDrive away $62,5376-year cost $102,348
Fuel GasSeats 5Bags BedDrive away $63,5556-year cost $102,847
Fuel HybridSeats 5Bags BedDrive away $77,2906-year cost $103,396
Fuel GasSeats 3Bags BedDrive away $60,5036-year cost $103,544
Fuel GasSeats 8Bags 9Drive away $61,7186-year cost $104,287
$1,463
A month
Fuel GasSeats 8Bags 10Drive away $61,2896-year cost $105,346
Fuel GasSeats 7Bags —Drive away $63,1606-year cost $105,816
Fuel GasSeats 5Bags BedDrive away $66,2066-year cost $106,239
Fuel GasSeats 5Bags 11Drive away $68,0756-year cost $106,426
Fuel GasSeats 7Bags 14Drive away $64,5766-year cost $106,477
Fuel GasSeats 8Bags 14Drive away $62,3966-year cost $106,944
$1,494
A month
Fuel GasSeats 8Bags 11Drive away $60,9916-year cost $107,560
Fuel GasSeats 5Bags BedDrive away $67,0346-year cost $108,669
$1,510
A month
Fuel GasSeats 8Bags 15Drive away $66,4476-year cost $108,730
Fuel GasSeats 8Bags 14Drive away $65,4756-year cost $109,485
Fuel GasSeats 8Bags 11Drive away $64,4686-year cost $111,256

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