Japanese vehicles, as well as several other Asian models that fare well in global markets, are generally less expensive to maintain than their American counterparts. Certain European models, particularly British, Italian, and German automobiles, have a reputation for being among the most expensive to maintain, which is understandable considering that many are performance-oriented.
This list includes cars that are quite inexpensive to maintain as well as a couple that may burn a hole in your purse due to high operating costs and maintenance fees.
Top 10 Cheapest Cars To Maintain In Canada
1. Toyota Corolla
Annual maintenance: $362
The Corolla’s cheap operating and maintenance expenses are one of the reasons it is one of the most popular small sedans today. Even the newer ones, with all of the fancy modern technology, are trouble-free. The Corolla has long been regarded as a good value vehicle with excellent fuel economy and a reputation for dependability. This latest Corolla maintains these key qualities, but with a flashier exterior and a more premium-feeling interior than previous models. A hatchback and a hybrid sedan version of the Corolla are also available. There are no substantial modifications for 2022, but the Corolla Apex trim was introduced last year, which adds a few performance increases as well as certain visual features that are exclusive to that trim. Overall, the Corolla is a viable alternative to small sedan rivals like the Honda Civic, Kia Forte, and Mazda 3.
2. Toyota Camry
Annual maintenance: $388
The Toyota brand is known for its dependability, and the family-size sedan stylishly maintains that tradition.
The Camry was revamped in 2018 and had minor exterior updates the following year. It comes with a four-cylinder engine as standard and a V6 engine as an option. Front-wheel drive is standard, and the four-cylinder engine can be equipped with an all-wheel drive. Most midsize cars don’t have all-wheel drive, so if you drive on wet or slippery roads frequently, this is a major plus for you.
The new model comes with a variety of features including driver-assistance technology, which should make driving more enjoyable and less stressful.
3. Nissan Versa
Annual maintenance: $456
The Versa may be lacking in terms of an engaging driving experience, but its driver-assist systems and comfy arrangement make up for it. It’s also a car that’s very inexpensive to maintain, thanks to its exceptional fuel economy and low maintenance costs.
4. Hyundai Sonata
Annual maintenance: $458
The Hyundai Sonata is another sedan that excels in terms of ease of maintenance, with average yearly repair expenses of less than $500. It’s even better when you consider the car’s other strong selling factors, which include a user-friendly infotainment system, an optional hybrid system, and a 5-star NHTSA safety certification.
5. Chevrolet Spark
Annual maintenance: $462
Although the Spark isn’t one of the most attractive new automobiles money can buy, it is one of the most affordable. A brand-new 2022 Chevrolet Spark starts at $13,600.
With this price, it’s sure that the car will come with manual windows and door locks, not to mention its modest engine power. Every Spark is equipped with a mediocre four-cylinder engine that drives the front wheels via a five-speed manual or continuously variable automatic transmission (CVT). Thankfully, the gearless automatic does a good job of managing power without producing droning engine noise.
6. Volkswagen Jetta
Annual maintenance: $609
The Volkswagen Jetta is surprisingly affordable to own for a German car, and it’s essentially the sedan version of the Golf, which means it delivers refined and nimble driving dynamics, good overall comfort, and ample interior room, all at a fair price. The 2021 Volkswagen Jetta is nearly identical to the 2019 model, but its technology and safety features are cutting-edge. There are numerous trim levels and extras to choose from, with pricing and performance changing as a result of the one you choose.
7. Ford Edge
Annual maintenance: $611
The 2019 Ford Edge is a car built with safety as the main area of concentration. Coupled with a slew of standard and extra features, the twin-turbocharged engines have also been added to improve performance. Maintenance costs are regarded as average and will not burn a hole in your wallet when compared to other vehicles in its sector, regardless of trim level.
8. Honda Accord
Annual maintenance: $822
The Honda Accord is a fantastic vehicle to own and operate. It is available in two variants which are the slick manual transmission and a well-balanced 10-speed automatic transmission. The car is also well-equipped with enough comfort amenities to make it one of the greatest family sedans to purchase and the fact that it will cost you very little to fuel and maintain makes it an excellent value.
9. Kia Soul
Annual maintenance: $919
The Kia Soul is a small multi-purpose vehicle with good luggage space and interior space. The Kia Soul has a modern style and layout that will appeal to a wide range of buyers, and its low operating costs will ensure that it remains one of Kia’s best-selling vehicles for years to come.
10. Ford Mustang
Annual maintenance: $979
Top of our list is America’s most popular sports car, Ford Mustang. In terms of average annual maintenance costs, a late-model Ford Mustang is the most affordable sports car you can buy. Recent Mustangs, unlike the beautiful but notoriously finicky Mustangs of the 1960s, are dependable and durable, requiring little unplanned maintenance in the first few years of ownership.
It’s not difficult to buy a cheap automobile these days because there are some that are so affordable and cheap to maintain that they nearly pay for themselves. While most of us want a car that is stylish, quick, and powerful, there are several additional things to consider when purchasing a new vehicle, including repair and maintenance costs. While few automobiles are considered good investments, no one wants to buy a vehicle that turns out to be a complete liability. While there aren’t many truly awful new automobiles on the market today, purchasers should be aware of the whole cost of the vehicle before making a final decision.