CarFitt

What new cars really cost in Ontario

2,476 trims from 40 brands, all-in over 6 years after resale.

On average, freight, fees and HST add+$14,151to the sticker price.
Cheapest to own$847/moToyota Corolla Hatchback
Best value kept72%Corvette Stingray, at 6 years
Most value lost29%Nissan LEAF kept, at 6 years

Cheapest to own, any car

  1. 1Toyota Corolla Hatchback CVT$847/mo
  2. 2Toyota Corolla L CVT$851/mo
  3. 3Hyundai Venue Essential$887/mo
  4. 4Toyota Corolla Hybrid LE$888/mo
  5. 5Kia Niro LX$899/mo

Cheapest SUV or crossover

  1. 1Hyundai Venue Essential$887/mo
  2. 2Kia Niro LX$899/mo
  3. 3Kia EV3 Light FWD$911/mo
  4. 4Nissan LEAF S FWD$926/mo
  5. 5Chevrolet Trax 1RS$927/mo

Cheapest with 7 or more seats

  1. 1Mitsubishi Outlander ES S-AWC$1,184/mo
  2. 2Kia Carnival Hybrid LX$1,223/mo
  3. 3Toyota Sienna LE FWD 8-Pass$1,234/mo
  4. 4Hyundai Santa Fe Preferred Hybrid AWD$1,252/mo
  5. 5Kia Carnival LX$1,289/mo

Cheapest with AWD or 4WD

  1. 1Subaru Impreza Convenience 5-door$921/mo
  2. 2Toyota Corolla Hybrid LE AWD$932/mo
  3. 3Subaru Crosstrek Convenience$962/mo
  4. 4Nissan Rogue S AWD CVT$964/mo
  5. 5Toyota Corolla Cross L AWD$995/mo

Cheapest electric, after the rebate

  1. 1Kia EV3 Light FWD$911/mo
  2. 2Nissan LEAF S FWD$926/mo
  3. 3Kia EV4 Light FWD$950/mo
  4. 4Chevrolet Bolt LT$981/mo
  5. 5Fiat 500e BEV$982/mo

Cheapest hybrid

  1. 1Toyota Corolla Hybrid LE$888/mo
  2. 2Kia Niro LX$899/mo
  3. 3Honda Civic Sedan Sport Hybrid$944/mo
  4. 4Ford Maverick XL 2.5L Hybrid Engine$970/mo
  5. 5Honda Civic Hatchback Sport Hybrid$973/mo

Cheapest plug-in hybrid

  1. 1Toyota Prius Plug-in Hybrid SE$959/mo
  2. 2Toyota RAV4 Plug-in Hybrid SE AWD$1,046/mo
  3. 3Kia Sportage Plug-in Hybrid EX$1,145/mo
  4. 4Kia Sorento Plug-in Hybrid LX$1,166/mo
  5. 5Mazda CX-70 Plug-in Hybrid GS-SC$1,215/mo

Cheapest minivan

  1. 1Kia Carnival Hybrid LX$1,223/mo
  2. 2Toyota Sienna LE FWD 8-Pass$1,234/mo
  3. 3Kia Carnival LX$1,289/mo
  4. 4Chrysler Grand Caravan SXT$1,353/mo
  5. 5Honda Odyssey Sport$1,390/mo

Cheapest pickup

  1. 1Ford Maverick XL 2.5L Hybrid Engine$970/mo
  2. 2Chevrolet Colorado WT 2WD$1,186/mo
  3. 3Ford Ranger XL$1,255/mo
  4. 4Toyota Tacoma 4X4 Double Cab$1,263/mo
  5. 5Jeep Gladiator Sport S$1,395/mo

Lowest cost per seat

  1. 1Kia Carnival Hybrid LX$11,005/seat
  2. 2Toyota Sienna LE FWD 8-Pass$11,106/seat
  3. 3Kia Carnival LX$11,602/seat
  4. 4Mazda CX-90 Plug-in Hybrid GS$11,656/seat
  5. 5Mitsubishi Outlander ES S-AWC$12,181/seat

Holds its value best

  1. 1Chevrolet Corvette Stingray 1LT72%
  2. 2Toyota Tacoma 4X4 Double Cab71%
  3. 3Toyota Tundra Double Cab SR 4X2 Regular Bed69%
  4. 4Honda Civic Sedan LX68%
  5. 5Subaru BRZ67%

Loses value fastest

  1. 1Nissan LEAF S FWD29%
  2. 2Infiniti QX80 Luxe29%
  3. 3Infiniti QX60 Luxe33%
  4. 4Kia Niro EV Wind34%
  5. 5Tesla Model Y Rear-Wheel Drive34%
Assumptions and brands

18,000 km a year, financed at 6.5% with $5,000 down; driver 35 to 59, clean record, Toronto, Ontario; gas $1.55/L, charging $0.16/kWh. Brands: Acura, Alfa Romeo, Audi, BMW, Buick, Cadillac, Chevrolet, Chrysler, Dodge, Fiat, Ford, Genesis, GMC, Honda, Hyundai, INEOS, Infiniti, Jeep, Kia, Land Rover, Lexus, Lincoln, Lotus, Lucid, Maserati, Mazda, Mercedes-Benz, MINI, Mitsubishi, Nissan, Polestar, Porsche, Ram, Rivian, Subaru, Tesla, Toyota, VinFast, Volkswagen, Volvo. Insurance and maintenance are estimates. How we count

Province by province: the 2026 Toyota RAV4 LE

The same car costs $109 a month more to own in Ontario ($1,020) than in Alberta ($911), from sales tax, registration, fuel and insurance alone.

AlbertaGST 5%$102$1.4722.9¢$2,171$911
ManitobaGST + RST 12%$120$1.4910.5¢$1,475$911
SaskatchewanGST + PST 11%$68$1.5217.9¢$1,625$914
NunavutGST 5%$60$1.5529.3¢$2,470$939
Prince Edward IslandHST 15%$100$1.7119.7¢$1,383$944
Northwest TerritoriesGST 5%$89$1.6325.5¢$2,470$948
New BrunswickHST 15%$125$1.6216.6¢$1,531$951
YukonGST 5%$60$1.7612.1¢$2,470$957
British ColumbiaGST + PST 12%$67$1.8712.6¢$1,818$967
Nova ScotiaHST 14%$129$1.6220.5¢$1,731$970
Newfoundland and LabradorHST 15%$90$1.7415.6¢$1,680$970
QuebecGST + QST 14.97%$217$1.7210.5¢$1,976$1,004
OntarioHST 13%$15$1.5615.6¢$2,717$1,020
Alberta
$911
A month
Sales tax GST 5%Reg./yr $102Gas a litre $1.47Power a kWh 22.9¢Insurance $2,171
Manitoba
$911
A month
Sales tax GST + RST 12%Reg./yr $120Gas a litre $1.49Power a kWh 10.5¢Insurance $1,475
Saskatchewan
$914
A month
Sales tax GST + PST 11%Reg./yr $68Gas a litre $1.52Power a kWh 17.9¢Insurance $1,625
Nunavut
$939
A month
Sales tax GST 5%Reg./yr $60Gas a litre $1.55Power a kWh 29.3¢Insurance $2,470
Prince Edward Island
$944
A month
Sales tax HST 15%Reg./yr $100Gas a litre $1.71Power a kWh 19.7¢Insurance $1,383
Northwest Territories
$948
A month
Sales tax GST 5%Reg./yr $89Gas a litre $1.63Power a kWh 25.5¢Insurance $2,470
New Brunswick
$951
A month
Sales tax HST 15%Reg./yr $125Gas a litre $1.62Power a kWh 16.6¢Insurance $1,531
Yukon
$957
A month
Sales tax GST 5%Reg./yr $60Gas a litre $1.76Power a kWh 12.1¢Insurance $2,470
British Columbia
$967
A month
Sales tax GST + PST 12%Reg./yr $67Gas a litre $1.87Power a kWh 12.6¢Insurance $1,818
Nova Scotia
$970
A month
Sales tax HST 14%Reg./yr $129Gas a litre $1.62Power a kWh 20.5¢Insurance $1,731
Newfoundland and Labrador
$970
A month
Sales tax HST 15%Reg./yr $90Gas a litre $1.74Power a kWh 15.6¢Insurance $1,680
Quebec
$1,004
A month
Sales tax GST + QST 14.97%Reg./yr $217Gas a litre $1.72Power a kWh 10.5¢Insurance $1,976
Ontario
$1,020
A month
Sales tax HST 13%Reg./yr $15Gas a litre $1.56Power a kWh 15.6¢Insurance $2,717

Financed at 6.5% with $5,000 down over 6 years, 18,000 km a year, driver 35–59, each province's largest city. Insurance outside Ontario is our estimate from each province's average.

In the US? The same numbers state by state.