The 7 Most Affordable Cars to Get You Far with Little Gas

Toyota Corolla

The Toyota Corolla has long been a staple in the affordable and fuel-efficient car market. Its reputation for reliability and low ownership costs make it a popular choice for budget-conscious drivers. With a combined fuel economy rating of up to 6.7 L/100 km (35 mpg), the Corolla offers excellent mileage for both city and highway driving.

Key specs of the 2023 Toyota Corolla include a 1.8-liter 4-cylinder engine producing 139 horsepower and 126 lb-ft of torque. It’s available in both sedan and hatchback body styles, with the option of a continuously variable transmission (CVT) or a 6-speed manual transmission.

Pros:

• Excellent fuel economy
• Reliable and low maintenance costs
• Comfortable ride and spacious interior
• Wide range of trim levels and options

Cons:

• Modest acceleration and power
• Basic interior materials in lower trims
• Limited cargo space in sedan models

Pricing in Canada: The 2023 Toyota Corolla has a starting MSRP of $20,150 for the base L trim level. Higher trims like the LE, SE, and XSE can range from $22,650 to $27,950, depending on options and packages.

Honda Civic

The Honda Civic is a perennial favorite among Canadian drivers seeking a balance of affordability, fuel efficiency, and reliability. With its sleek design and well-appointed interior, the Civic offers a comfortable and practical driving experience without breaking the bank.

Fuel Efficiency: The 2023 Honda Civic boasts impressive fuel economy ratings, with the base LX trim achieving an EPA-estimated 33 mpg in the city and 42 mpg on the highway when equipped with a continuously variable transmission (CVT). Even the more powerful turbocharged variants maintain respectable fuel efficiency, making the Civic an excellent choice for cost-conscious drivers.

Key Specs:

• Engine: 2.0-liter inline-4 (LX, Sport) or 1.5-liter turbocharged inline-4 (EX, Touring)
• Transmission: CVT or 6-speed manual (LX, Sport)
• Horsepower: 158 hp (LX, Sport) or 180 hp (EX, Touring)
• Cargo Space: 14.8 cubic feet (sedan), 24.5 cubic feet (hatchback)
• Standard Features: Honda Sensing suite of driver-assist technologies, LED headlights, 7-inch touchscreen display

Pros:

• Excellent fuel economy, especially with the base engine and CVT
• Spacious and well-designed interior with ample cargo space
• Engaging driving dynamics and responsive handling
• Comprehensive suite of advanced safety features
• Reputation for reliability and low ownership costs

Cons:

• Base engine can feel underpowered, especially with a full load
• Infotainment system can be frustrating to use at times
• Cabin noise levels could be improved, especially on rougher surfaces

Pricing in Canada: The 2023 Honda Civic starts at an MSRP of $25,395 CAD for the base LX trim, with prices ranging up to $32,995 CAD for the top-of-the-line Touring trim. With its competitive pricing, fuel efficiency, and well-rounded package, the Honda Civic remains a compelling choice for Canadian drivers seeking an affordable and practical vehicle.

Hyundai Elantra

The Hyundai Elantra is a compact car that offers an impressive combination of fuel efficiency, affordability, and value. With its sleek design and modern features, the Elantra is a popular choice among Canadian drivers seeking a practical and economical ride.

Fuel Efficiency: The Elantra boasts excellent fuel economy ratings, making it a top contender for those looking to save at the gas pump. The base model, equipped with a 2.0-liter four-cylinder engine and a continuously variable transmission (CVT), delivers an EPA-estimated 33 mpg in the city and 41 mpg on the highway.

Key Specs:

– Engine: 2.0-liter four-cylinder (147 hp)

– Transmission: Continuously variable transmission (CVT)

– Fuel Economy: 33 mpg city / 41 mpg highway

– Seating Capacity: 5 passengers

– Cargo Space: 14.2 cubic feet

– Standard Features: 8-inch touchscreen display, Apple CarPlay/Android Auto, forward collision warning, lane-keeping assist

Pros:

– Excellent fuel economy

– Spacious and comfortable interior

– User-friendly infotainment system

– Comprehensive safety features

– Long warranty coverage

Cons:

– Lackluster acceleration and passing power

– Road noise can be intrusive at higher speeds

– Limited cargo space compared to some rivals

Pricing in Canada: The Hyundai Elantra is one of the most affordable compact cars in the Canadian market. The base model starts at around $17,500 MSRP, while higher trim levels can reach up to $25,000 or more, depending on additional features and options.

Kia Forte

The Kia Forte is a compact sedan that offers an impressive combination of fuel efficiency, value, and features. With its sleek design and well-appointed interior, the Forte delivers a driving experience that punches above its weight class.

Fuel Efficiency: The Forte boasts excellent fuel economy ratings, making it one of the most affordable and efficient options in its class. The base LX model with a 2.0-liter four-cylinder engine and continuously variable transmission (CVT) achieves an EPA-estimated 31 mpg in the city and 41 mpg on the highway.

Key Specs:

– Engine: 2.0-liter four-cylinder (147 hp, 132 lb-ft of torque)

– Transmission: Continuously variable transmission (CVT)

– Fuel Economy (city/highway): 31/41 mpg

– Cargo Space: 15.3 cubic feet

– Infotainment System: 8-inch touchscreen display, Apple CarPlay, and Android Auto

Pros:

– Excellent fuel economy

– Affordable pricing

– Spacious and well-equipped interior

– User-friendly infotainment system

– Long warranty coverage

Cons:

– Modest acceleration and power

– Some interior materials feel subpar

– Road noise can be intrusive at higher speeds

Pricing in Canada: The Kia Forte starts at an MSRP of $18,295 for the base LX model, making it one of the most affordable options in its class. Higher trims like the EX and GT-Line offer more features and amenities but come with a higher price tag, ranging from $21,995 to $25,995.

Nissan Versa

The Nissan Versa is a subcompact car that delivers impressive fuel economy without compromising on interior space. With its efficient powertrain and lightweight design, the Versa is an excellent choice for budget-conscious Canadian drivers seeking to save at the gas pump.

Fuel Efficiency: The Nissan Versa boasts an exceptional combined fuel economy rating of 6.5 L/100km (36 mpg) for the manual transmission model and 7.1 L/100km (33 mpg) for the automatic transmission variant.

Key Specs:

• Engine: 1.6L 4-cylinder
• Horsepower: 122 hp
• Transmission: 5-speed manual or 4-speed automatic
• Seating Capacity: 5 passengers
• Cargo Space: 15.9 cubic feet

Pros:

• Exceptional fuel economy for its class
• Roomy interior with ample headroom and legroom
• Affordable pricing and low ownership costs
• Responsive handling and easy maneuverability

Cons:

• Basic interior materials and design
• Limited engine power and acceleration
• Lack of advanced safety features in lower trims

Pricing in Canada: The Nissan Versa has a starting MSRP of $16,498 for the base S trim, making it one of the most affordable new cars in Canada. Higher trims like the SV and SR can range from $18,998 to $21,498.

Mitsubishi Mirage

The Mitsubishi Mirage is a subcompact hatchback that delivers impressive fuel efficiency at an affordable price point. With a combined city/highway rating of 6.0 L/100km, the Mirage is one of the most fuel-efficient gasoline-powered cars available in Canada.

Key specs of the 2023 Mitsubishi Mirage include a 1.2-liter 3-cylinder engine producing 76 horsepower and 74 lb-ft of torque, paired with either a 5-speed manual or a continuously variable transmission (CVT). Despite its small size, the Mirage can comfortably seat four adults and offers a surprising amount of cargo space.

Pros:

• Outstanding fuel economy
• Affordable purchase price
• Spacious interior for its size
• 10-year/160,000 km powertrain warranty

Cons:

• Underpowered engine
• Minimal tech and safety features
• Noisy cabin at highway speeds
• Lackluster acceleration

The 2023 Mitsubishi Mirage has a starting MSRP of $14,498 for the base ES model with the manual transmission. The top-trim GT model with the CVT and additional features starts at $19,098. While the Mirage may lack in performance and amenities, its unbeatable fuel efficiency and low upfront cost make it an attractive option for budget-conscious Canadian drivers.

Chevrolet Spark

The Chevrolet Spark is a subcompact car that packs a punch when it comes to fuel efficiency. With its small footprint and lightweight design, this city car is perfect for urban environments and long commutes alike.

Fuel Efficiency: The Spark boasts an impressive combined fuel economy rating of 6.9 L/100 km (34 mpg) for the manual transmission model and 7.1 L/100 km (33 mpg) for the automatic transmission. This translates to significant savings at the pump, especially for drivers who rack up a lot of city miles.

Key Specs:

– 1.4-liter inline-4 engine with 98 horsepower

– Available in manual or automatic transmission

– Seating for up to 4 passengers

– Compact size for easy maneuverability and parking

– Lightweight construction for improved fuel efficiency

Pros:

– Excellent fuel economy for its class

– Affordable pricing, making it accessible to budget-conscious buyers

– Nimble handling and small size for navigating urban areas

– Surprising amount of interior space for a subcompact car

– Low maintenance costs and ownership expenses

Cons:

– Limited cargo space, especially with the rear seats up

– Basic interior materials and features

– Modest acceleration and power for highway driving

– Road noise can be intrusive at higher speeds

– Lack of advanced safety features on lower trim levels

Pricing in Canada: The Chevrolet Spark starts at an MSRP of $10,398 for the base LS trim level, making it one of the most affordable new cars on the Canadian market. Higher trim levels like the 1LT and 2LT can range from $13,998 to $17,498, depending on additional features and options.

How to Calculate Fuel Costs

Calculating your fuel costs is essential when budgeting for a new car and determining which model is truly the most affordable option. The formula is simple: Divide the miles driven by the vehicle’s miles per gallon (MPG) rating, then multiply by the current price of gas per gallon.

For example, let’s say your daily commute is 40 miles round trip. With a car rated at 30 MPG and gas costing $1.50 per gallon, the calculation would be:

40 miles / 30 MPG = 1.33 gallons

1.33 gallons x $1.50 per gallon = $2.00 per day

Over the course of a year with 260 working days, that amounts to $520 in fuel costs. However, with a more fuel-efficient car rated at 40 MPG, the annual fuel cost drops to just $390 – a savings of $130.

Factors like your driving habits, vehicle condition, and gas prices can impact your actual fuel consumption. But this simple calculation provides a good estimate for comparing the operating costs of different models when cross-shopping affordable, fuel-efficient vehicles.

Fuel-Saving Driving Tips

While choosing a fuel-efficient vehicle is a great first step, your driving habits can significantly impact your car’s gas mileage. By adopting a few simple techniques, you can maximize your fuel economy and save money at the pump.

Proper Tire Inflation: Under-inflated tires create more rolling resistance, forcing your engine to work harder and consume more fuel. Check your tire pressure regularly and keep them inflated to the manufacturer’s recommended levels.

Avoid Sudden Acceleration and Braking: Aggressive driving with frequent bursts of speed and hard braking can increase fuel consumption by up to 33%. Instead, accelerate and brake gradually to maintain a steady pace and minimize wasted energy.

Reduce Idling: Idling gets you zero miles per gallon. If you’re going to be stopped for more than 30 seconds (except in traffic), turn off your engine to save fuel. Restarting uses less gas than idling for extended periods.

Maintain Consistent Speeds: Varying your speed up and down repeatedly forces your engine to work harder, wasting gas. Use cruise control on the highway to maintain a steady, fuel-efficient pace.

Remove Excess Weight: The more weight your car has to carry, the more fuel it will consume. Removing unnecessary items from your trunk or cargo area can improve your mileage.

Use Overdrive Gears: Most modern vehicles have overdrive gears that reduce engine RPMs at highway speeds, improving fuel economy. Engage overdrive whenever possible for better mileage on the open road.

Environmental Impact

Fuel-efficient vehicles play a crucial role in reducing greenhouse gas emissions and mitigating the environmental impact of transportation. With the transportation sector being a significant contributor to global carbon emissions, choosing a car with excellent fuel economy can make a substantial difference.

Greenhouse gas emissions from vehicles, primarily carbon dioxide (CO2), are directly linked to fuel consumption. The more fuel a vehicle burns, the higher its carbon footprint. By opting for a fuel-efficient car, you can significantly reduce your carbon emissions and contribute to a cleaner environment.In addition to lowering CO2 emissions, fuel-efficient cars also help reduce other harmful pollutants, such as nitrogen oxides (NOx) and particulate matter (PM), which can have detrimental effects on air quality and human health. By consuming less fuel, these vehicles generate fewer emissions, leading to cleaner air in our cities and communities.

Furthermore, the production and distribution of gasoline and diesel fuels have their own environmental impacts, including energy consumption, resource depletion, and potential spills or leaks. By driving a fuel-efficient car, you can indirectly reduce the demand for these fossil fuels, thereby minimizing the associated environmental risks and resource extraction.

Choosing a fuel-efficient vehicle is not only a smart financial decision but also an environmentally conscious choice. By reducing your carbon footprint and contributing to cleaner air, you can play a role in building a more sustainable future for generations to come.

Buying Used vs New

When it comes to purchasing a fuel-efficient vehicle, one of the key decisions is whether to buy new or opt for a pre-owned model. Both options have their advantages and disadvantages, and the choice ultimately depends on your budget, driving needs, and personal preferences.

Buying a New Fuel-Efficient Car:

Pros:

• Newer technology: New cars often incorporate the latest fuel-saving technologies, such as advanced engine designs, lightweight materials, and improved aerodynamics.
• Warranty coverage: New cars come with a comprehensive manufacturer’s warranty, providing peace of mind and protection against potential defects or issues.
• Customization options: You can choose the exact model, trim level, and options that suit your needs and preferences.

Cons:

• Higher upfront costs: New cars generally have a higher purchase price, which can strain your budget.
• Faster depreciation: New cars lose a significant portion of their value in the first few years of ownership.

Buying a Used Fuel-Efficient Car:

Pros:

• Lower upfront costs: Used cars are typically much more affordable than their new counterparts, allowing you to save money upfront.
• Slower depreciation: The bulk of a car’s depreciation occurs in the first few years, so buying used can help you avoid this significant value drop.
• Certified pre-owned options: Many dealerships offer certified pre-owned (CPO) programs, which provide additional warranties and inspections for added peace of mind.

Cons

• Older technology: Older used cars may not have the latest fuel-saving features and technologies found in newer models.
• Maintenance and repair costs: As cars age, they may require more frequent maintenance and repairs, which can offset some of the upfront savings.
• Limited warranty coverage: Used cars often have limited or no remaining warranty coverage, leaving you responsible for any repairs or issues that arise.

Ultimately, the decision to buy a new or used fuel-efficient car depends on your budget, driving needs, and personal preferences. Consider factors such as the total cost of ownership, including fuel costs, maintenance, and insurance, to make an informed decision that aligns with your financial goals and lifestyle.

Future Fuel-Efficient Technologies

As concerns over rising fuel costs and environmental impact continue to grow, automakers are investing heavily in developing innovative fuel-efficient technologies. While the cars on our list offer excellent gas mileage, the future promises even greater advancements in fuel efficiency.

One of the most promising technologies is hybrid electric vehicles (HEVs). These vehicles combine a gasoline engine with an electric motor and battery pack, allowing them to switch between the two power sources for optimal efficiency. Many popular models, such as the Toyota Prius and Hyundai Ioniq, already offer impressive fuel economy ratings, and future iterations are expected to push the boundaries even further.

Fully electric vehicles (EVs) are another rapidly growing segment. With no gasoline required, EVs eliminate tailpipe emissions and offer substantial savings on fuel costs. While their initial purchase prices are higher, the long-term savings on fuel and maintenance can offset the premium. As battery technology improves and charging infrastructure expands, EVs are becoming an increasingly viable option for many drivers.

Automakers are also exploring alternative fuel sources, such as hydrogen fuel cells and biofuels. Fuel cell vehicles, like the Toyota Mirai, convert hydrogen into electricity, producing only water vapor as a byproduct. Biofuels, derived from renewable sources like plant materials or waste, can potentially replace or supplement traditional gasoline and diesel fuels.

Additionally, advancements in lightweight materials, aerodynamics, and energy-efficient components are helping to improve fuel economy across all vehicle types. From advanced turbocharging and cylinder deactivation to stop-start systems and low-rolling resistance tires, these technologies work together to minimize energy consumption and maximize efficiency.

Financing and Incentives

Purchasing a fuel-efficient vehicle can be an excellent investment in the long run, but the upfront costs may be a concern for some buyers. Fortunately, there are various financing options and government incentives available to make these cars more accessible and affordable.

Many automakers and dealerships offer special financing rates or cash incentives on their most fuel-efficient models. These deals can help offset the initial purchase price and make the monthly payments more manageable. It’s always worth checking with the manufacturer or your local dealerships for any current promotions or incentives.

Additionally, the Canadian government provides incentives for individuals and businesses to encourage the adoption of zero-emission vehicles (ZEVs), such as battery-electric and hydrogen fuel cell vehicles. These incentives can take the form of rebates, tax credits, or other financial benefits. For example, the federal government’s Incentives for Zero-Emission Vehicles (iZEV) program offers a rebate of up to $5,000 for eligible ZEVs.

Some provinces and territories also have their own incentive programs for fuel-efficient or zero-emission vehicles. For instance, the Quebec government offers a rebate of up to $8,000 for the purchase or lease of a new fully electric vehicle. It’s essential to research the incentives available in your specific region to maximize your savings.

Furthermore, many financial institutions and credit unions offer specialized “green” loans or auto loans with preferential rates for fuel-efficient or electric vehicles. These loans can help make the upfront costs more manageable and provide additional incentives for eco-conscious consumers.

Maintenance Tips

Proper vehicle maintenance is crucial for maintaining optimal fuel efficiency over time. Neglecting routine maintenance can lead to decreased gas mileage, increased emissions, and costly repairs down the line. Here are some essential maintenance tips to keep your fuel-efficient car running at its best:

1. Regular Oil Changes: Dirty or old engine oil can increase friction and cause your engine to work harder, resulting in lower fuel economy. Follow your manufacturer’s recommended oil change intervals and use the correct grade of oil for your vehicle.
2. Air Filter Replacement: A clogged air filter can restrict airflow to the engine, causing it to work harder and consume more fuel. Replace your air filter as recommended by the manufacturer or sooner if you drive in dusty conditions.
3. Tire Pressure Monitoring: Underinflated tires create more rolling resistance, which can significantly reduce fuel efficiency. Check your tire pressure regularly and maintain the recommended PSI levels for your vehicle.
4. Wheel Alignment: Misaligned wheels can cause uneven tire wear and increase rolling resistance, negatively impacting fuel economy. Have your wheel alignment checked and adjusted as needed, especially after hitting potholes or curbs.
5. Regular Tune-ups: Neglecting routine tune-ups can lead to issues like misfiring spark plugs, faulty sensors, or ignition system problems, all of which can hurt fuel efficiency. Follow your manufacturer’s recommended tune-up schedule.
6. Fuel System Maintenance: A dirty or clogged fuel system can cause incomplete combustion and reduce fuel economy. Consider having your fuel injectors cleaned and fuel filters replaced as recommended.
7. Brake Maintenance: Dragging brakes can create excess friction and drag, reducing fuel efficiency. Have your brakes inspected regularly and replace worn pads or rotors as needed.

By following these maintenance tips, you can help ensure that your fuel-efficient car continues to deliver optimal gas mileage and minimize your fuel costs over the vehicle’s lifetime.

Top Long-Distance Fuel Misers

When it comes to long highway drives, fuel efficiency is paramount. You want a vehicle that can sip gas while cruising at highway speeds, minimizing the number of stops you need to make to refuel. Here are some of the best options for drivers who frequently embark on long road trips:

The Toyota Prius is a hybrid champion, capable of achieving an impressive 58 mpg in the city and 53 mpg on the highway. Its aerodynamic design and advanced hybrid powertrain make it a top choice for those seeking maximum fuel efficiency over long distances.

The Hyundai Ioniq is another hybrid contender, boasting up to 59 mpg in the city and 57 mpg on the highway. Its sleek styling and smooth ride make it a comfortable companion for extended highway journeys.

If you prefer a diesel option, the Chevrolet Equinox diesel SUV is a standout, delivering an EPA-estimated 28 mpg in the city and an impressive 39 mpg on the highway. Its torquey diesel engine and ample cargo space make it a practical choice for road trips.

For those seeking an electric vehicle, the Tesla Model 3 Long Range variant offers an EPA-rated range of up to 358 miles on a single charge. While not as efficient as hybrids on a per-mile basis, its ability to travel hundreds of miles without stopping for gas can be a game-changer for long-distance travel.

Ultimately, the best long-distance fuel miser for you will depend on your specific needs and preferences. But with these options, you can rest assured that you’ll be maximizing your fuel efficiency and minimizing your stops for refueling, making those extended road trips more enjoyable and cost-effective.

City vs Highway MPG

When evaluating a car’s fuel efficiency, it’s important to understand the difference between city and highway miles per gallon (MPG) ratings. These ratings are determined by standardized testing procedures and can vary significantly for the same vehicle.

City MPG ratings typically represent lower fuel efficiency due to factors like frequent stops, idling, and lower speeds. In urban environments with heavy traffic and stoplights, engines operate less efficiently and consume more fuel. Conversely, highway MPG ratings are generally higher because driving at consistent speeds on open roads allows the engine to operate more efficiently.

For example, a compact car might have a city MPG rating of 28 and a highway MPG rating of 38. This means that in city driving conditions, the car will get approximately 28 miles per gallon, while on the highway, it will achieve around 38 miles per gallon.

It’s crucial to consider your driving habits when evaluating fuel efficiency. If you primarily drive in urban areas with stop-and-go traffic, prioritizing a higher city MPG rating may be more beneficial. Conversely, if you frequently take long highway trips, a higher highway MPG rating could result in greater fuel savings.

Manufacturers are required to display both city and highway MPG ratings on new vehicle window stickers, making it easier for consumers to compare and choose the most fuel-efficient option for their needs.

Cost Comparisons

While the upfront cost of a vehicle is important, it’s also crucial to consider the long-term fuel expenses. To illustrate the potential savings, let’s compare the fuel costs of the featured cars over a five-year period, assuming an average annual mileage of 12,000 miles and current fuel prices.

The Toyota Corolla, with an EPA-estimated combined fuel economy of 33 mpg, would cost approximately $6,060 in fuel over five years. In contrast, the Mitsubishi Mirage, boasting an impressive 39 mpg combined, would only require $5,128 in fuel costs during the same period, resulting in savings of nearly $932.

The Honda Civic (35 mpg combined) and Hyundai Elantra (34 mpg combined) would incur fuel costs of around $5,714 and $5,882, respectively, over five years. The Kia Forte (33 mpg combined) and Nissan Versa (32 mpg combined) fall slightly behind, with estimated fuel expenses of $6,060 and $6,250, respectively.

While the Chevrolet Spark (33 mpg combined) has a fuel cost similar to the Corolla at $6,060 over five years, it’s important to note that these figures are based on current fuel prices and may fluctuate over time.

Conclusion

With gas prices on the rise in Canada, finding an affordable and fuel-efficient vehicle has become a top priority for many drivers. The good news is that there are several excellent options available that offer a perfect balance between cost-effectiveness and fuel economy.

Among the top choices, the Toyota Corolla, Honda Civic, Hyundai Elantra, Kia Forte, Nissan Versa, Mitsubishi Mirage, and Chevrolet Spark stand out as the most affordable cars with impressive gas mileage. Each of these models boasts a combination of reliable performance, practical features, and low ownership costs, making them ideal for budget-conscious drivers.

Whether you prioritize city or highway driving, these vehicles deliver exceptional fuel efficiency, ensuring that you can stretch your gas budget further. Additionally, many of these models are available with hybrid or alternative fuel options, further enhancing their eco-friendliness and potential savings.

When it comes to choosing the right vehicle for your needs, it’s essential to consider your driving habits, budget, and personal preferences. By carefully weighing the pros and cons of each model, you can find the perfect fit that aligns with your lifestyle and financial goals.