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Top-Rated Affordable Pickup Trucks to Buy on a Budget"

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Pickup trucks have become an integral part of the Canadian lifestyle, seamlessly blending utility and versatility. These rugged workhorses are not just for hauling cargo or tackling tough job sites; they have evolved into comfortable daily drivers, perfect for outdoor adventures and family outings. As the demand for pickup trucks continues to soar, manufacturers have responded with a diverse range of models catering to various needs and budgets.


However, the rising popularity of these vehicles has also led to a significant increase in prices, making budget-friendly options more appealing than ever. With the cost of living on the rise, many Canadians are seeking affordable pickup trucks that can deliver reliable performance without breaking the bank.


In this comprehensive guide, we’ll dive into the 10 most budget-friendly pickup trucks available in Canada for the 2024 model year. By meticulously comparing their specifications, pricing, capabilities, and ownership costs, we aim to help buyers identify the truck that offers the best value for their unique needs and budget constraints.

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Ford Maverick

The Ford Maverick stands out as the most affordable new pickup truck in Canada for 2024, making it an excellent choice for budget-conscious buyers. Starting at just $25,900, this compact truck offers incredible value without compromising on capability or features.

Under the hood, the Maverick comes standard with a fuel-efficient 2.5-liter four-cylinder engine that delivers an impressive 191 horsepower and 155 lb-ft of torque. For those seeking even better fuel economy, a hybrid powertrain is available, combining a 2.5-liter Atkinson-cycle four-cylinder gasoline engine with an electric motor and 1.1 kWh lithium-ion battery pack. This hybrid setup achieves an outstanding 42 mpg in the city and 33 mpg on the highway, making it one of the most fuel-efficient pickups on the market.

Despite its compact size, the Maverick boasts a surprisingly spacious crew cab and a 4.5-foot bed, providing ample room for cargo and passengers. With a maximum payload capacity of 1,500 pounds and the ability to tow up to 4,000 pounds (when properly equipped), this little truck punches well above its weight class in terms of capability.

 

Hyundai Santa Cruz

The Hyundai Santa Cruz enters the budget pickup segment as a unique crossover-based truck option. Starting at around $25,000 for the base SE trim, it’s priced slightly higher than the Ford Maverick but offers a more car-like ride and handling thanks to its unibody construction.

Fuel efficiency is a strong suit, with the standard 2.5-liter four-cylinder engine returning an EPA-estimated 21 mpg city and 27 mpg highway. While not as thrifty as the Maverick’s hybrid powertrain, the Santa Cruz still delivers decent real-world economy for a pickup.

Where the Santa Cruz really stands out is in its distinctive styling that blends the versatility of a small truck with the refinement of a modern crossover SUV. The short 4-foot bed provides ample utility without compromising maneuverability. The well-appointed cabin also feels more upscale than traditional body-on-frame trucks in this price range.

For urban buyers who need light-duty hauling capabilities combined with everyday driving comfort, the Santa Cruz makes a compelling value proposition as a budget-friendly crossover alternative to traditional pickups.

 

Nissan Frontier

The Nissan Frontier is a midsize pickup truck that offers solid capability and a reputation for reliability, though it is an older model in its current generation. In terms of pricing, the 2024 Frontier has a starting MSRP around $28,000, making it one of the more budget-friendly options in the midsize truck segment.

Despite its age, the Frontier still delivers respectable capability for a midsize truck. It can tow up to 6,720 lbs when properly equipped, and has a maximum payload capacity of 1,610 lbs. A powerful 3.8L V6 engine provides 310 hp and 281 lb-ft of torque, paired with a 9-speed automatic transmission.

One of the Frontier’s key selling points is its reputation for reliability and durability. Nissan trucks are known for being tough workhorses that can take a beating. The Frontier has consistently scored well in reliability ratings from major automotive organizations. This can translate to lower ownership costs over the long run.

While the current Frontier model is getting quite old, having debuted back in 2005, it still represents a good value proposition for budget-minded truck buyers. The aging design means it may lack some of the latest tech features and creature comforts of newer rivals. However, the proven reliability and affordable pricing make the Frontier worth considering for those who prioritize value and capability over cutting-edge styling and amenities.

 

Toyota Tacoma

The Toyota Tacoma may have a higher starting price than some competitors, but it’s legendary reputation for reliability and strong resale value help offset the premium. Toyota’s midsize truck is built to last with a rugged body-on-frame construction and proven powertrain components.

While not the most powerful or fuel-efficient option, the Tacoma shines when it comes to off-road capability. Available TRD Off-Road and TRD Pro trims are factory-equipped with features like all-terrain tires, skid plates, upgraded suspension, and driver-selectable terrain modes. This allows the Tacoma to tackle challenging trails and terrain that would leave other midsize trucks stuck.

The trade-off for the Tacoma’s off-road prowess is a somewhat firm on-road ride quality. However, many buyers are willing to make this sacrifice for a truck that can double as a daily driver during the week and an adventure vehicle on weekends. Toyota’s time-tested reliability and the Tacoma’s strong residual values make it a smart long-term investment as a well-equipped truck that can provide years of versatile service.

 

Ford Ranger

The Ford Ranger slots into the midsize truck segment, offering a compelling blend of capability, fuel efficiency, and value compared to rivals like the Toyota Tacoma. With a starting MSRP around $29,000, the Ranger undercuts the Tacoma’s pricing while still delivering robust truck capabilities.

Under the hood, the Ranger comes standard with a turbocharged 2.3-liter EcoBoost four-cylinder engine producing 270 horsepower and 310 lb-ft of torque. This potent powertrain provides ample acceleration for daily driving while enabling a respectable towing capacity of up to 7,500 lbs when properly equipped. A 10-speed automatic transmission and available four-wheel drive enhance the Ranger’s versatility across different driving conditions.

Fuel economy is a strength for the Ranger, with EPA estimates of 21 mpg city and 26 mpg highway for the four-wheel-drive model. These numbers give the Ranger an edge over the less efficient Tacoma, translating to savings at the pump for budget-conscious buyers.

While not quite as robust as the Tacoma off-road, the Ranger still offers decent trail capabilities with an available off-road package that includes all-terrain tires, skid plates, and a terrain management system. Its midsize dimensions make it easier to maneuver on tight trails compared to full-size trucks.

The Ranger’s interior provides a comfortable and well-equipped cabin, with ample room for five passengers and a variety of tech features available, such as Ford’s SYNC 3 infotainment system and driver-assistance technologies. Overall, the Ford Ranger emerges as a compelling value proposition in the midsize truck segment, undercutting the Tacoma’s pricing while offering similar capabilities and better fuel efficiency.

 

Chevrolet Colorado

The Chevrolet Colorado is a midsize pickup truck that offers a compelling blend of capability, interior space, and tech features, making it a strong contender as a daily driver. With a starting MSRP of around $28,000, the Colorado undercuts many of its rivals, providing excellent value for money.

Under the hood, the Colorado packs a punch with its available 3.6-liter V6 engine that delivers 308 horsepower and 275 lb-ft of torque. This potent powertrain, combined with a maximum towing capacity of 7,700 pounds, ensures that the Colorado can handle most hauling and towing tasks with ease. For those seeking even more muscle, an optional 2.8-liter Duramax turbodiesel engine is also available, offering impressive torque and fuel efficiency.

Inside, the Colorado boasts a spacious and well-appointed cabin that can comfortably accommodate up to five passengers. The interior design is both functional and modern, with ample storage compartments and a user-friendly layout. Depending on the trim level, the Colorado can be outfitted with premium materials, such as leather upholstery and heated front seats, elevating the overall comfort and luxury.

When it comes to technology, the Colorado doesn’t disappoint. It offers a range of advanced features, including an available 8-inch touchscreen infotainment system, Apple CarPlay and Android Auto integration, and a built-in Wi-Fi hotspot. Additionally, the Colorado can be equipped with various driver-assistance technologies, such as forward collision warning, lane departure warning, and rear parking sensors, enhancing safety and convenience on the road.

 

GMC Canyon

The GMC Canyon is essentially a more premium version of the Chevrolet Colorado, sharing the same underpinnings but with a distinct exterior styling and upscale interior appointments. While the base Canyon trim levels have a similar starting price to the Colorado, the higher trims can get quite expensive, potentially diminishing the value proposition.

On the outside, the Canyon sports GMC’s signature bold and boxy truck design with a prominent grille and squared-off fenders. The interior boasts higher-quality materials, more soft-touch surfaces, and additional sound insulation compared to its Chevy counterpart, resulting in a more refined cabin experience. Tech features like wireless Apple CarPlay/Android Auto, a Wi-Fi hotspot, and an available head-up display further elevate the Canyon’s premium feel.

Ultimately, the Canyon’s value depends on your priorities. If you’re willing to pay a premium for the more upscale styling and amenities, the Canyon could be worth the extra cost over the Colorado. However, if you’re strictly focused on maximizing capability and value, the Colorado may be the more sensible choice, as you’ll get nearly identical performance and utility for less money.

 

Honda Ridgeline

The Honda Ridgeline stands out from the crowd with its unique unibody construction, delivering a more car-like ride and handling compared to traditional body-on-frame pickup trucks. This design approach translates to a smoother, more refined driving experience, making the Ridgeline an appealing choice for daily commuting and urban environments.

While the unibody design compromises off-road capability to some extent, the Ridgeline still offers respectable towing capacity and a versatile truck bed with innovative features. The dual-action tailgate can open either down like a traditional truck or sideways like a door, providing easy access to the lockable in-bed trunk – a clever storage solution not found on other pickups.

In terms of value, the Ridgeline’s pricing positions it as a more premium offering among midsize trucks. However, its refined on-road manners, Honda’s reputation for reliability, and unique pickup features could justify the higher cost for buyers prioritizing daily drivability and utility over extreme off-road prowess. For those seeking a comfortable, well-equipped truck without compromising too much capability, the Ridgeline presents a compelling value proposition.

 

 Chevrolet Silverado 1500

While the Chevrolet Silverado 1500 is a full-size pickup, it offers several budget-friendly trim levels that make it an appealing option for those seeking a capable and well-equipped truck without breaking the bank. The Silverado’s entry-level Work Truck (WT) and LT trims provide a compelling combination of value, capability, and comfort features.

Under the hood, the Silverado 1500 is available with a range of powerful yet fuel-efficient engine options, including a 2.7-liter turbocharged four-cylinder, a 5.3-liter V8, and a 6.2-liter V8. These engines are paired with a smooth-shifting automatic transmission, ensuring a responsive and enjoyable driving experience.

Despite its budget-friendly pricing, the Silverado 1500 doesn’t skimp on capability. It boasts impressive towing and payload capacities, making it well-suited for hauling heavy loads or towing trailers. Additionally, the truck’s robust chassis and available four-wheel-drive system provide excellent off-road performance and versatility.

Inside the cabin, the Silverado 1500 offers a comfortable and well-appointed interior, even in its lower trim levels. The WT and LT models come standard with features like cloth upholstery, a touchscreen infotainment system, and various convenience technologies. Higher trims add even more luxurious amenities, such as leather seats, premium audio systems, and advanced driver-assistance features.

When it comes to value in the full-size truck segment, the Chevrolet Silverado 1500 stands out as a compelling choice. Its combination of capability, comfort, and affordability make it an attractive option for those seeking a versatile and well-rounded pickup truck without compromising on features or performance.

 

Ram 1500 Classic

The Ram 1500 Classic may not boast the latest styling or cutting-edge tech features of its newer Ram 1500 sibling, but this budget-friendly full-size pickup truck still delivers exceptional value and capability. With an older yet proven design, the 1500 Classic offers a well-equipped interior with ample space and comfort for daily driving and family hauling.

Under the hood, buyers can choose between the reliable 3.6-liter Pentastar V6 or the brawny 5.7-liter HEMI V8 engine, providing ample power for towing and hauling heavy loads. The suspension tuning strikes a nice balance between a smooth ride and robust payload capacity, making the Ram 1500 Classic a versatile workhorse.

While not as advanced as the latest Ram models, the Classic still boasts a respectable level of tech and safety features, including available systems like blind-spot monitoring and rear cross-path detection. Importantly, the Ram 1500 Classic upholds the brand’s reputation for durability and reliability, ensuring it can withstand the rigors of tough jobs and outdoor adventures.

Perhaps the biggest selling point of the Ram 1500 Classic is its attractive pricing compared to the newer Ram 1500. With significant savings off the MSRP, the Classic presents an enticing value proposition for budget-conscious buyers seeking a well-rounded and capable full-size truck without breaking the bank.

 

Key Factors for Comparison

When evaluating the value proposition of budget-friendly pickup trucks, several key factors come into play. These include the all-important starting MSRP and pricing across different trim levels, as well as fuel economy ratings for both city and highway driving. A truck’s powertrain options, encompassing engine choices, horsepower, torque figures, and transmission types, also significantly impact its capabilities and operating costs.

Truck size and class designations (compact, midsize, or full-size) dictate the overall dimensions, interior space, and hauling capacities. Cab configurations (regular, extended, or crew cab) and bed lengths further influence a truck’s versatility and suitability for various tasks. Towing and payload capacities are critical for those who plan to use their truck for hauling heavy loads or towing trailers, boats, or other equipment.

Off-road capability is another essential consideration, particularly for adventurous buyers who plan to venture off the beaten path. Safety and technology features, including advanced driver-assistance systems, infotainment options, and connectivity features, can enhance both safety and convenience on the road.

Long-term ownership costs, encompassing factors like reliability, maintenance expenses, and repair costs, play a crucial role in determining a truck’s true value over its lifespan. Finally, resale value projections provide insights into a vehicle’s potential to retain its worth over time, an essential factor for those planning to sell or trade in their truck down the road.

 

Top 3 Budget Truck Picks

After carefully evaluating pricing, capabilities, fuel efficiency, and ownership costs across the 10 most affordable pickup trucks in Canada for 2024, three models stand out as the best value buys for budget-conscious shoppers.

The Ford Maverick claims the top spot as the cheapest new pickup truck available. Starting around $25,000, this compact truck delivers impressive fuel economy ratings up to 9.6 L/100km combined, thanks to its standard hybrid powertrain. While not a heavy-duty hauler, the Maverick’s 1,500-lb payload capacity and innovative storage solutions make it immensely practical for daily driving and light-duty tasks. Downsides include a modest 2,000-lb towing capacity and lack of all-wheel drive.

The Hyundai Santa Cruz is another budget-friendly compact pickup worth considering. Built on a crossover platform, the Santa Cruz starts around $38,000 but offers a more refined ride and better tech than traditional body-on-frame trucks. It achieves up to 9.8 L/100km combined and can tow up to 5,000 lbs when properly equipped. The downside is reduced off-road capability compared to rivals.

For those needing more capability, the Nissan Frontier midsize truck represents excellent value at around $39,000 to start. While an older design, the Frontier is rugged and reliable with a stout 3.8L V6, up to 6,720 lbs of towing capacity, and Nissan’s pro-level truck expertise. However, it trails competitors in fuel economy, ride comfort, and tech features.

 

Buying Advice

With so many budget-friendly pickup truck options available, it’s crucial to carefully consider your specific needs and requirements before making a purchase decision. The right truck for you will depend on factors such as intended usage, desired capabilities, and personal preferences.

For those who primarily need a truck for daily commuting and occasional light-duty tasks, a compact or midsize model like the Ford Maverick, Hyundai Santa Cruz, or Nissan Frontier could be an ideal choice. These smaller trucks offer excellent fuel efficiency, maneuverability, and affordability, while still providing decent hauling and towing capabilities.

On the other hand, if you frequently need to transport heavy loads, tow trailers, or tackle off-road adventures, a full-size or midsize truck like the Toyota Tacoma, Ford Ranger, or Chevrolet Colorado might be a better fit. These more capable trucks come with higher towing and payload ratings, as well as enhanced off-road performance, but at the cost of lower fuel economy and higher purchase prices.

When it comes to buying new versus used or leasing, each option has its pros and cons. Buying a new truck ensures you get the latest features, technologies, and a comprehensive warranty, but it also comes with a higher upfront cost. Opting for a used truck can save you money, but you’ll need to carefully inspect the vehicle’s condition and maintenance history. Leasing, on the other hand, offers lower monthly payments and the ability to upgrade to a new model more frequently, but you’ll never truly own the vehicle.

Regardless of whether you choose to buy new, used, or lease, it’s essential to thoroughly inspect the specific truck you’re interested in and take it for a test drive. Pay close attention to its overall condition, check for any potential issues or needed repairs, and ensure that it meets your expectations in terms of performance, comfort, and features.

Finally, it’s crucial to stay within your budget and resist the temptation to add expensive optional extras or upgrades that you may not truly need. While it’s understandable to want the latest bells and whistles, these add-ons can quickly inflate the overall cost of the truck, potentially straining your finances. Focus on the essential features and capabilities that align with your needs, and prioritize value over luxury when shopping for a budget-friendly pickup truck.

 

Conclusion

Choosing the right budget-friendly pickup truck comes down to prioritizing your needs and focusing on value. While the Ford Maverick stands out as the most affordable option overall, trucks like the Hyundai Santa Cruz and Nissan Frontier offer compelling combinations of capability and efficiency for their respective segments.

For buyers who need a versatile vehicle that can handle work duties, outdoor adventures, and daily driving without breaking the bank, any of the top picks from this guide can fit the bill. The key is identifying which size truck best suits your lifestyle, ensuring it has the towing, payload, and off-road prowess you require, and setting a realistic budget that accounts for upfront costs as well as long-term ownership expenses.

Regardless of which affordable pickup you ultimately choose, be diligent in researching specific trim levels and packages to avoid overspending on unnecessary bells and whistles. With patience and an emphasis on value over luxury frills, you can find a well-equipped, dependable truck that delivers years of hard-working service without sacrificing modern tech, comfort, or safety features.

 

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Questions About Budget-Friendly Pickup Trucks

For the purposes of this guide, we’re considering pickup trucks with a starting MSRP under $40,000 CAD to be budget-friendly. The cheapest option is the Ford Maverick at around $25,000, while models like the Chevrolet Silverado 1500 and Ram 1500 Classic sneak in under $40k for their most basic trims. Of course, prices can escalate quickly with added options and higher trim levels. But these 10 trucks represent some of the most affordable new pickups you can buy in Canada for 2024.

Fuel economy should be a major consideration, as fuel costs can really add up over the lifetime of owning a pickup truck – especially if you’ll be driving it for work or long distances. The most fuel-efficient trucks on this list are the compact Ford Maverick (up to 9.6 L/100km combined) and Hyundai Santa Cruz (around 9.8 L/100km). Mid-size trucks like the Nissan Frontier (11 L/100km) and Toyota Tacoma (11.6 L/100km) offer decent efficiency for their capability. But full-size models like the Silverado 1500 (12.4 L/100km) and Ram 1500 Classic (13 L/100km) are definite gas guzzlers.



Yes, these compact pickup trucks actually offer surprisingly robust capability for their size. The Ford Maverick can tow up to 4,000 lbs (1,814 kg) and has a maximum payload capacity of 1,500 lbs (680 kg) – plenty for hauling dirt bikes, ATVs, small camper trailers and more. The Santa Cruz matches those towing numbers and can carry 1,975 lbs (896 kg) of payload. So while not heavy-duty workhorses, compacts like these are more than adequate for active lifestyles and light truck duties.

For a first truck, reliability and low ownership costs should absolutely be prioritized over upfront savings. Toyota’s Tacoma is legendary for holding its value and the brand consistently ranks at the top for dependability ratings. You’ll pay a bit more upfront, but the Tacoma is an investment that will likely last for well over 10 years or 200,000 miles with proper maintenance. The same goes for the Honda Ridgeline. So unless your budget simply won’t allow it, opting for a Toyota or Honda truck could save you money in the long run versus a cheaper domestic or Korean brand.

Midsize trucks like the Nissan Frontier, Ford Ranger and Chevy Colorado strike a nice balance of capability and maneuverability for most consumers. They can tow between 6,000-7,700 lbs and carry over 1,500 lbs of payload in their truck beds. Yet they’re still relatively compact and easy to park compared to full-size behemoths. Full-size trucks offer immense towing (up to 12,000 lbs for base models) and payload capabilities (up to 3,000 lbs) that are total overkill for casual use. So unless you absolutely need that extreme capability for heavy-duty hauling and towing, a more affordable and fuel-efficient midsize truck is the smart choice.

For most urban and suburban buyers using their truck as a daily driver, off-road prowess really isn’t a priority. Models like the Honda Ridgeline, Hyundai Santa Cruz and Ford Maverick have minimal off-road capabilities due to their crossover origins and lower ride heights. But they excel in on-road driving comfort, maneuverability and fuel efficiency. If you’ll be doing serious off-roading or need to traverse harsh jobsites and remote areas, then 4×4 capabilities and undercarriage protection are musts. The Toyota Tacoma TRD Pro and Chevrolet Colorado ZR2 are standouts for affordable off-road performance.

As of the 2024 model year, only the Ford Maverick compact pickup offers a hybrid powertrain option in this affordable truck segment. The Maverick Hybrid pairs a 2.5L 4-cylinder with an electric motor for a combined 191 hp while achieving up to 6.3 L/100km in combined fuel economy – outstanding for a pickup. It’s a great option for those who want to maximize fuel savings. The other trucks on this list are powered by conventional gasoline engines, though electrified options may arrive in the next few years.

For budget-conscious buyers, exploring the used and certified pre-owned truck market can yield substantial savings versus buying new. A 2-3 year old truck from brands like Toyota, Honda, Ford and Chevy will have already taken that initial depreciation hit from the original owner. You’ll pay much less for a low-mileage, well-maintained used truck while still getting plenty of life and reliability left. The downside is less choice in configurations and options packages. But for pure value and stretching your dollar further, buying used is a smart strategy when affordable new trucks are scarce.

GMC positions itself as a premium, luxury-oriented truck brand compared to its corporate cousin Chevrolet. So its trucks like the GMC Canyon do carry a noticeable price markup over the near-identical Chevy Colorado. For 2024, a base Canyon Elevation Standard starts around $37,000 CAD, while the Colorado WT starts under $32,000. The Canyon also comes more lavishly equipped with nicer interior materials and tech as standard. So while they share underpinnings, the GMC represents a step up in comfort, features and prestige over Chevy – for a higher ticket price.

Most mainstream brands offer very competitive warranty coverage on their affordable truck offerings to provide peace of mind. Hyundai leads the pack with a 5-year/100,000 km comprehensive warranty plus 8 years/130,000 km on the powertrain. Nissan provides a 5-year/160,000 km bumper-to-bumper warranty, while Ford and Toyota cover their trucks for 3 years/60,000 km comprehensive and 5 years/100,000 km powertrain respectively. GM’s Chevrolet and GMC truck warranties are slightly less generous at 3 years/60,000 km bumper-to-bumper. But overall, truck buyers can expect solid warranty protection across this budget-friendly segment.

Yes, a few models on this list are available in a basic, two-door regular cab body style with an extended bed length for maximizing cargo space. The Ford Ranger and Ram 1500 Classic in particular can be had in this ultra-practical configuration, with bed lengths of 6 feet or more. The Nissan Frontier is also offered as a King Cab model with smaller rear-hinged half-doors. Regular cabs prioritize truck utility over passenger space, so they’re great choices for commercial users or those who just need a bare-bones truck for hauling gear.

Even affordable trucks are now available with the latest advanced driver assistance technologies to improve safety and convenience. Standard or available safety features on trucks in this guide include forward collision warning with automatic emergency braking, blind spot monitoring, rear cross-traffic alert, lane keeping assist, adaptive cruise control, automatic high beams, and more. The amount of safety tech does increase on higher trim levels. But even base models offer more safety equipment than trucks from just a few years ago.

The mid-size truck class offers very robust towing capabilities for an affordable price point. When properly equipped, the Ford Ranger can tow up to 7,500 lbs (3,400 kg), while the Chevy Colorado maxes out at 7,700 lbs (3,493 kg) of towing capacity. That’s more than enough muscle for towing larger camping trailers, small boats, UTVs and equipment for work or recreational needs. Their smaller size also makes them easier to maneuver with a trailer attached versus a larger full-size truck. Payload capacities for these mid-sizers range from 1,500-1,800 lbs as well.

The Honda Ridgeline’s unibody or “uni-body” construction, where the body and frame are a single unit like a crossover, is a bit of a double-edged sword. On one hand, it provides the Ridgeline with superior ride quality and handling compared to body-on-frame trucks. It’s more comfortable for daily driving. However, the downside is reduced off-road capability, slightly lower towing capacity (up to 5,000 lbs), and less ruggedness overall. So the Ridgeline is an excellent truck for those who use it more like a family vehicle but with some light truck utility. Just don’t expect extreme off-road or heavy hauling capabilities.

The Chevrolet Colorado and GMC Canyon are essentially the same truck under the skin – they share the same platform, powertrains, chassis and dimensions. They’re even built in the same factory. The primary differences are in styling, trim levels and pricing. The Canyon has a more premium, upscale look and feel with nicer interior appointments. It also offers unique luxury trims like the Denali that the Colorado doesn’t get. But the Canyon does carry a higher price tag across all trim levels as a result. So buyers have to decide if the Canyon’s more premium vibe is worth the extra cost over the Chevy.

The Chevrolet Silverado 1500 and Ram 1500 Classic represent the most affordable entries into the full-size truck segment, but they still carry fairly hefty price tags overall. The Silverado WT starts around $37,000 CAD, while the Ram 1500 Classic Tradesman is just under $40,000. So they’re budget trucks by full-size standards, but far pricier than mid-size and compact alternatives. Their immense capabilities like towing over 10,000 lbs come at the cost of poor fuel economy too. So these full-sizers are best suited for buyers who truly need that extreme capability and are willing to pay more upfront and at the pump.

Fuel efficiency should absolutely be a top consideration, as fuel is one of the largest ownership costs for pickup trucks. However, it shouldn’t be the sole priority at the expense of capability. Compact trucks like the Maverick and Santa Cruz offer stellar fuel economy, but their hauling and towing capacities are more limited compared to larger mid-size and full-size models. It’s about striking the right balance of decent fuel economy with the capability you need. A fuel-sipping compact may not make sense if you need to tow larger trailers frequently. So analyze your specific needs first, then prioritize fuel costs within those parameters.

A truck’s payload capacity refers to the maximum amount of weight it can safely carry inside the cab and bed with passengers and cargo. Towing capacity is the maximum weight a truck can tow behind it, such as a trailer, boat, camper or hauling equipment. In general, full-size trucks offer the highest payload ratings around 2,000-3,000 lbs, while mid-sizers come in around 1,500 lbs and compacts under 2,000 lbs max. For towing, full-sizers can pull over 10,000 lbs, mid-sizers around 7,500 lbs, and compacts up to 5,000 lbs. So the larger the truck, the higher its payload and towing capabilities tend to be.

Yes, several affordable trucks in this guide offer an extended length bed option, sometimes called a “long bed.” The Ford Ranger SuperCrew can be had with a 6-foot bed, while the Crew Cab Nissan Frontier gives you a 6.1-foot long bed. For full-size trucks, the regular cab Ram 1500 Classic offers an 8-foot long bed – one of the largest you’ll find. Even the compact Ford Maverick has an available 4.5-foot bed. So if maximum cargo hauling space is a priority, there are still plenty of extended bed options across truck sizes and budgets.



Test driving is an absolutely critical step that no truck shopper should skip, even when buying an affordable model. Factors like ride quality, handling, visibility, cabin ergonomics and technology integration can vary tremendously between trucks. What looks good on paper may not translate well in real-world driving. Always test out multiple top contenders back-to-back on the same roads and in similar conditions. Pay close attention during test drives to how the truck fits your size and driving needs. Don’t get so swayed by the numbers that you ignore how a truck actually feels to drive and live with day-to-day.

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