Top 10 New Cars That Are Cheaper to Buy in Canada Than the U.S. in 2025

When shopping for a new car, most Canadians assume vehicles are more expensive here than in the United States. But you might be surprised to learn that several popular 2025-2026 models deliver substantially better value in Canada—even when you factor in the exchange rate. With the USD to CAD exchange rate hovering around 1.40-1.41, savvy Canadian car buyers can score exceptional savings on certain makes and models without crossing the border.

We've done the math comparing manufacturer suggested retail prices (MSRP) in both countries, and the results are eye-opening. Here are the top 10 new cars that deliver the best value when purchased in Canada versus the U.S., ranked by savings percentage compared to Canadian MSRP.

1. 2026 Hyundai Ioniq 9 (Save 41% vs. U.S. Pricing)

Canadian MSRP: $59,999 CAD
U.S. MSRP: $60,555 USD ($84,777 CAD at 1.40 exchange rate)
Savings: ~$24,778 CAD (41.3% better value than U.S. pricing)

The all-new 2026 Hyundai Ioniq 9 takes the top spot with an astounding 41% savings compared to U.S. pricing. This three-row electric SUV offers exceptional value for Canadian buyers, delivering nearly $25,000 in savings. The Ioniq 9 features seating for up to seven passengers, over 500 km of range on all trims, and 800-volt fast-charging architecture that can replenish the battery from 10-80% in just 24 minutes. With 422 horsepower in AWD configurations and a 5,000-lb towing capacity, this flagship EV delivers premium features at a surprisingly affordable Canadian price point.

2. 2025 Hyundai Elantra (Save 37% vs. U.S. Pricing)

Canadian MSRP: $22,599 CAD (Essential trim)
U.S. MSRP: $22,125 USD ($30,975 CAD converted)
Savings: ~$8,376 CAD (37.1% better value than U.S. pricing)

The compact Hyundai Elantra delivers exceptional value for Canadian buyers with 37% savings versus U.S. pricing. This popular sedan combines stylish, futuristic design with efficient performance and a comprehensive suite of standard safety features. The base Essential trim includes a 2.0L engine with 147 horsepower, modern infotainment with smartphone integration, and Hyundai's impressive 5-year/100,000 km warranty coverage. For budget-conscious buyers seeking a reliable daily driver with standout style, the Elantra's Canadian pricing makes it an outstanding choice.

3. 2025 Mazda3 (Save 36% vs. U.S. Pricing)

Canadian MSRP: $24,900 CAD (base 2.5 S)
U.S. MSRP: $24,150 USD ($33,810 CAD converted)
Savings: ~$8,910 CAD (35.8% better value than U.S. pricing)

The Mazda3 stands out with its premium interior quality and engaging driving dynamics, all while offering 36% savings in Canada. Known for its upscale cabin materials that rival luxury brands and responsive handling that makes every drive enjoyable, the Mazda3 punches well above its weight class. The base 2.5 S trim features a 2.5-liter four-cylinder engine delivering 191 horsepower, plus standard safety technology including blind-spot monitoring and rear cross-traffic alert. Canadian buyers enjoy substantial savings on one of the most refined compact sedans available.

4. 2025 Nissan Sentra (Save 34% vs. U.S. Pricing)

Canadian MSRP: $23,898 CAD (base S)
U.S. MSRP: $22,785 USD ($31,899 CAD converted)
Savings: ~$8,001 CAD (33.5% better value than U.S. pricing)

The Nissan Sentra offers remarkable 34% savings for Canadian shoppers. This practical compact sedan provides more standard features than many rivals, including forward collision warning, automatic emergency braking with pedestrian detection, and lane departure warning—all standard across the lineup. The Sentra's spacious interior offers more rear legroom than many competitors, comfortable ride quality, and strong fuel economy ratings. In Canada, the Sentra is even available with a manual transmission for driving enthusiasts who prefer three pedals.

5. 2025 Toyota Corolla (Save 32% vs. U.S. Pricing)

Canadian MSRP: $23,670 CAD (base L)
U.S. MSRP: $22,325 USD ($31,255 CAD converted)
Savings: ~$7,585 CAD (32.0% better value than U.S. pricing)

Toyota's legendary Corolla ranks fifth with 32% savings for Canadian buyers. As one of the world's best-selling and most reliable vehicles, the Corolla combines proven dependability with modern features and efficient performance. The base L trim includes a 2.0-liter four-cylinder engine producing 139 horsepower, comprehensive Toyota Safety Sense 3.0 suite, and the brand's unmatched reputation for exceptional long-term durability and resale value. Canadian pricing makes this already-affordable sedan an even smarter investment.

6. 2025 Kia EV9 (Save 32% vs. U.S. Pricing)

Canadian MSRP: $59,995 CAD (Light RWD)
U.S. MSRP: $56,395 USD ($78,953 CAD converted)
Savings: ~$18,958 CAD (31.6% better value than U.S. pricing)

The award-winning Kia EV9 offers substantial 32% savings for Canadian EV shoppers. This three-row electric SUV has earned prestigious accolades including 2024 North American Utility Vehicle of the Year, World Car of the Year, and World Electric Vehicle of the Year. With up to 489 km of range, 800-volt fast-charging capability for 10-80% charges in under 25 minutes, and a luxurious interior featuring the latest technology, the EV9 represents exceptional value. Canadian buyers save nearly $19,000 on this premium electric family hauler.

7. 2025 Volkswagen Jetta (Save 29% vs. U.S. Pricing)

Canadian MSRP: $25,795 CAD (Trendline)
U.S. MSRP: $23,720 USD ($33,208 CAD converted)
Savings: ~$7,413 CAD (28.7% better value than U.S. pricing)

The Volkswagen Jetta delivers refined German engineering with 29% savings for Canadian buyers. This sophisticated compact sedan features VW's efficient 1.5T turbocharged engine producing 158 horsepower, upscale interior design with quality materials, and excellent fuel economy ratings reaching up to 40 mpg highway. The Jetta's spacious cabin feels more expensive than its price suggests, with composed ride quality and available premium features like heated seats and alloy wheels even on base trims.

8. 2025 Hyundai Kona (Save 29% vs. U.S. Pricing)

Canadian MSRP: $26,749 CAD (Essential FWD)
U.S. MSRP: $24,550 USD ($34,370 CAD converted)
Savings: ~$7,621 CAD (28.5% better value than U.S. pricing)

The redesigned 2025 Hyundai Kona offers impressive 29% savings for Canadian compact SUV shoppers. This subcompact crossover combines bold styling with practical versatility, making it perfect for urban dwellers and adventurers alike. Standard features include a 2.0L engine with 147 horsepower, 8-inch touchscreen with wireless Apple CarPlay and Android Auto, and Hyundai's comprehensive SmartSense safety suite. All Canadian models come standard with all-wheel drive—a valuable feature for winter driving that's optional in the U.S.

9. 2025 Honda Civic (Save 23% vs. U.S. Pricing)

Canadian MSRP: $27,540 CAD (LX)
U.S. MSRP: $24,250 USD ($33,950 CAD converted)
Savings: ~$6,410 CAD (23.3% better value than U.S. pricing)

Honda's iconic Civic ranks ninth with 23% savings for Canadian buyers. The refreshed 2025 Civic continues to set benchmarks in the compact sedan class with its refined driving dynamics, spacious interior, and available hybrid powertrain offering 200 horsepower and 49 mpg. Built in Ontario, the Civic offers Canadian buyers home-grown quality at an attractive price point. The base LX trim includes a 2.0-liter engine, comprehensive safety features including collision mitigation, and Honda's legendary reputation for reliability and strong resale value.

10. 2025 Kia Telluride (Save 15% vs. U.S. Pricing)

Canadian MSRP: $50,695 CAD (EX AWD)
U.S. MSRP: $41,790 USD ($58,506 CAD converted)
Savings: ~$7,811 CAD (15.4% better value than U.S. pricing)

Rounding out the top 10, the three-row Kia Telluride offers 15% savings in Canada while delivering midsize SUV capability with premium features. This award-winning family hauler includes standard all-wheel drive across all Canadian trims—a valuable feature for harsh winter conditions that costs extra in the U.S. The Telluride seats up to eight passengers, offers best-in-class cargo space, and includes modern safety technology and upscale interior appointments. Canadian buyers benefit from both lower pricing and winter-ready standard equipment.

Why Are These Vehicles Better Value in Canada?

Several factors contribute to these pricing advantages:

1. Currency Exchange Dynamics: While the Canadian dollar trades around 1.40-1.41 to the U.S. dollar, manufacturers don't always adjust pricing proportionally to exchange rates, creating opportunities for value.

2. Market Competition: Canada's smaller automotive market often sees more aggressive pricing from manufacturers trying to maintain or grow market share against established competitors.

3. Standard Equipment: Many Canadian models come standard with features like all-wheel drive (especially important for winter driving) that are optional or cost extra in the U.S., adding hidden value.

4. Tariff Impacts: Recent U.S. automotive tariffs have added costs to American car prices, while Canadian pricing has remained more stable, widening the value gap.

5. Regional Pricing Strategies: Automakers set prices based on regional market conditions, competitor positioning, and consumer purchasing power, sometimes favoring Canadian buyers.

6. Canadian-Built Advantage: Vehicles like the Honda Civic built in Canada benefit from favorable production economics and reduced transportation costs.

Key Takeaways for Canadian Car Buyers

• Substantial savings available: Canadian buyers can save between $6,400 and $24,800 on popular 2025-2026 models compared to U.S. MSRP when converted to CAD—that's 15% to 41% better value.

• Compact cars lead savings: Compact sedans and subcompact SUVs show the highest percentage savings, with multiple models offering over 30% better value than U.S. pricing.

• EVs deliver exceptional value: Electric vehicles like the Hyundai Ioniq 9 (41% savings) and Kia EV9 (32% savings) provide massive value advantages, making the transition to electric significantly more affordable in Canada.

• Hyundai dominates: Hyundai brand vehicles hold three of the top eight positions, with the Ioniq 9, Elantra, and Kona all offering exceptional Canadian value.

• Consider total ownership: Lower MSRPs combined with Canada's competitive financing rates, insurance costs, and strong resale values can lead to significant long-term savings.

• Timing matters: These comparisons are based on November 2025 exchange rates (1.40-1.41 USD/CAD). Currency fluctuations can impact relative values, so monitor exchange rates when shopping.

• AWD often standard: Many Canadian models include all-wheel drive as standard equipment where it's optional in the U.S., adding thousands in hidden value.

The Bottom Line

Contrary to popular belief, buying a new car in Canada doesn't always mean paying more—in fact, you might be getting substantially better value. These 10 vehicles prove that Canadian car shoppers can enjoy savings of 15% to 41% compared to their American counterparts, with the top vehicles offering over $20,000 in value advantage.

Whether you're in the market for an affordable compact sedan, a family-friendly electric SUV, or a practical subcompact crossover, shopping Canadian delivers exceptional value in 2025-2026. The combination of favorable pricing, standard features suited to Canadian conditions, and strong warranty coverage makes these vehicles smart investments.

Before making any purchase, always verify current pricing with local dealers, as MSRP can vary by province and dealer fees differ across Canada. Request out-the-door quotes including freight, PDI, and applicable taxes. But armed with this knowledge, you can negotiate confidently knowing that the Canadian market offers genuine advantages on these popular models—advantages that put hundreds or even thousands of extra dollars in your pocket compared to buying the same vehicle south of the border.