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Cheapest Pickup Truck in Canada

Cheapest Pickup Truck in Canada

Pickup trucks have long been a popular choice for Canadian drivers. Known for their versatility, utility, and capability, trucks are a common sight on roads across the country. With the ability to haul and tow heavy loads while also serving as a comfortable daily driver, pickup trucks cater to a wide range of needs from worksites to family vehicles.


However, most pickup trucks come with a hefty price tag. Brand new full-size trucks now routinely cost over $50,000 once typical options are added. Even midsize pickups can have starting prices close to $40,000.


For shoppers on a budget, the idea of an affordable pickup may seem out of reach. But there are still some surprisingly cheap pickup truck options available new and used in Canada for 2024. In this guide, we’ll highlight some of the least expensive pickup trucks you can buy right now.


We’ll start by looking at brand new pickups that represent the lowest starting prices and best values. Options like the Ford Maverick hybrid and Nissan Frontier extended cab offer new truck capability without breaking the bank.


For even greater savings potential, we’ll also cover some of the best used pickup truck models to target in Canada. Going with a gently used truck from Toyota, Ford, or Ram can net huge savings over new models. With the right maintenance and inspection, pre-owned trucks can provide years of reliable service.


Whether you need an inexpensive commuter, a utilitarian work truck, or an affordable family vehicle, there are cheap pickup truck options to fit different needs and budgets available in Canada for 2024.

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The Cheapest New Pickup Trucks in 2024

For shoppers looking for the most affordable new pickup trucks available in Canada for 2024, there are a few strong options that provide great value. While heavy-duty full-size trucks can have price tags stretching well over $50,000, you don’t need to spend nearly that much to get into a new truck with ample capability. Here are three of the cheapest brand new pickup trucks you can buy in 2024.

 

Ford Maverick

The newly introduced Ford Maverick is now the most affordable brand new pickup truck on the Canadian market. With a base Manufacturer’s Suggested Retail Price (MSRP) of just $25,900, the compact Maverick undercuts even small trucks from competitors. What’s remarkable about the Maverick is that despite its bargain pricing, it comes decently equipped even in the base XL trim. Standard features include an 8-inch touchscreen with Apple CarPlay and Android Auto, automatic emergency braking, and a hybrid powertrain generating 191 horsepower and 155 pound-feet of torque while achieving excellent fuel efficiency. There’s a 4.5-foot bed that can carry 1,500 pounds of payload, and it can tow up to 2,000 pounds. For such a low starting price, the Maverick brings great utility and modern tech.

 

Nissan Frontier

While not able to match the ultra-low pricing of the Maverick, the midsize 2024 Nissan Frontier offers a lot of value with a starting MSRP of $30,498. Available as a King Cab with a smaller rear seat or a Crew Cab with a full four-door layout, the Frontier provides versatility from its variety of configurations. Under the hood is a 3.8L V6 engine generating 310 horsepower and 281 pound-feet of torque, providing strong acceleration and ability to tow up to 6,720 pounds when properly equipped. The Frontier has a reputation for durability and reliability, as its current generation has been on sale with minimal changes since 2005. Those looking for an affordable yet proven pickup will find a lot to like in the Frontier.

 

Chevrolet Colorado

The 2024 Chevrolet Colorado presents an affordable route for buyers to enter a modern, refined midsize pickup without breaking the bank. With a starting MSRP of $31,900, the Colorado is competitively priced against other midsizers. Available in many configurations from an extended cab work truck to a well-appointed crew cab Z71 off-roader, the Colorado can be tailored to suit different needs. A 200 horsepower turbocharged 2.5L 4-cylinder is standard, but a 308 horsepower 3.6L V6 is available to enhance towing capacity up to 7,700 pounds. Overall, the Colorado delivers comfort, technology, and performance that rivals some full-size trucks, but in a smaller, more maneuverable package at an accessible price point.

 

Ford Maverick

Base MSRP: $25,900

The Maverick is Ford’s new compact pickup aimed at buyers who want something smaller, more efficient, and more affordable than a traditional full-size truck. Its standard hybrid powertrain returns excellent fuel economy while still providing ample capability.

The Maverick comes standard with a 2.5-liter hybrid engine producing 191 horsepower and 155 lb-ft of torque. It pairs with an electric motor for a total system output of 191 hp. This powertrain achieves an EPA-estimated 42 mpg city/33 mpg highway/37 mpg combined. The Maverick can tow up to 2,000 pounds and has a payload capacity of 1,500 pounds.

Standard features include automatic headlights, a rearview camera, Ford Co-Pilot360 safety tech, and an 8-inch touchscreen with Apple CarPlay and Android Auto. The Maverick XL starts at just $25,900 in Canada, making it the most affordable new pickup truck on the market.

“The Maverick is a great entry-level pickup with Ford’s famous build quality and efficiency. For basic hauling and worksite duties, it’s hard to beat this little truck’s value.” – AutoGuide

“It’s thrifty thanks to its standard gas-electric hybrid powertrain, maneuverable due to its compact size, and versatile owing to its configurable bed.” – Car and Driver

For buyers wanting an inexpensive, high-mpg pickup, the Maverick is a top choice that doesn’t sacrifice utility and capability despite its small size and price tag.

 

Nissan Frontier

The midsize Nissan Frontier pickup offers great value with its low starting price of around $30,498 and available extended cab configuration. For those looking for an affordable yet capable truck, the Frontier hits a sweet spot. Its smaller size makes it maneuverable and fuel efficient yet it still provides generous utility thanks to its large truck bed and impressive payload ratings up to 1,610 pounds.

Under the hood, the Frontier utilizes a 3.8-liter V6 engine producing up to 310 horsepower and 281 lb-ft of torque. This provides ample power for hauling and towing while delivering respectable fuel economy. The truck is available with either rear-wheel or four-wheel drive for added traction and capability when needed.

One area where the Frontier shines is long-term reliability and durability. The truck has been in continuous production for over 15 years with few major changes. This speaks to the proven, dependable mechanical components. Owners report being able to rack up tons of miles without major issues when proper maintenance is performed. For those wanting an affordable workhorse of a truck, the Frontier is hard to beat.

 

Chevrolet Colorado

The Chevrolet Colorado delivers comfort, refinement, and technology that rivals some full-size trucks, but in a more maneuverable midsize package. Available in many configurations, it can be equipped to handle both work and play duties. The Colorado provides an affordable route into a modern pickup.

Some of the key features of the Colorado include:

 

  • Refined and quiet cabin with soft-touch materials
  • Apple CarPlay and Android Auto integration
  • Available 8-inch touchscreen infotainment system
  • Teen Driver system to help new drivers stay safe
  • Good fuel economy for a pickup, up to 30 mpg highway

 

With two bed lengths and various cab configurations, the Colorado can be customized for different needs. The short box is ideal for easier parking and maneuverability, while the long box maximizes cargo space. The Extended Cab provides seating for up to 6, while the Crew Cab offers full 4-door practicality.

Under the hood, the Colorado offers two powerful yet efficient engine options. The base 2.5L 4-cylinder generates 200 horsepower and 191 lb-ft of torque. For more capability, the 3.6L V6 produces 308 horsepower and 275 lb-ft of torque. Both engines pair with an 8-speed automatic transmission.

The Colorado has good towing and payload capacities as well. Properly equipped 2WD models can tow up to 7,000 lbs and carry up to 1,574 lbs in the bed. With 4WD, the ratings are reduced slightly to 5,000 lbs towing and 1,440 lbs payload.

Overall, the Chevrolet Colorado hits a sweet spot between price, features, and capability. It allows buyers to get modern comfort and technology in an efficient, right-sized truck at an affordable cost compared to larger competitors. The Colorado is an excellent value choice for those seeking a pickup with excellent versatility.

 

Great Used Cheap Pickup Trucks

Opting for a used pickup truck can provide huge savings compared to buying new. With the right research and inspection, pre-owned trucks can offer years of reliable service at a fraction of the original sticker price. Here are some of the best options to consider in the used pickup market.

 

Toyota Tacoma

The Toyota Tacoma is renowned for its durability, reliability, and strong resale value. By going with a recent model year used Tacoma, you can save significant money over a new truck while still getting something that should provide years of reliable service. Tacomas hold their value incredibly well, so you pay a premium even for used examples, but the peace of mind is worth it.

 

Ford F-150

As Canada’s perennial best-selling vehicle, used F-150s are plentiful. The truck offers excellent capability and comfort. Opting for an older model year can net huge savings over a new F-150. Just be sure to inspect maintenance records before purchasing. The sheer volume of F-150s on the market means deals can be had, especially on higher mileage work trucks. But even well-cared for late model examples are far cheaper than new.

 

RAM 1500

The RAM 1500 provides a refined ride and upscale interior in higher trims, making it feel more luxurious than other trucks. Well-maintained used 1500s can make great and relatively affordable workhorses or family vehicles. Like the F-150, the RAM 1500’s popularity means used models are widely available. Do your homework to find a solid deal on a 1500 with lower miles and regular maintenance.

 

Toyota Tacoma

The Toyota Tacoma is renowned for its durability, reliability, and strong resale value. This midsize truck has consistently topped rankings for predicted resale value among all vehicles, often retaining over 50% of its value after 5 years. The Tacoma’s reputation for longevity and dependability makes it one of the smartest used pickup purchases.

Opting for a recent model year used Tacoma can net huge savings over purchasing the truck brand new. For example, a 2018 Tacoma with low miles could potentially be found for under $30,000, while a new 2023 Tacoma starts around $37,000. That’s a difference of over $7,000 for a gently used truck that still has plenty of life left.

The Tacoma is offered with a choice of 4-cylinder or V6 engines, as well as rear-wheel or 4-wheel drive configurations. Even base models come well-equipped with the essentials like power windows and locks, a 7-inch touchscreen display, and Toyota Safety Sense driver aids. Higher trims add desirable features like dual-zone climate control, leather seats, parking sensors, and more.

No matter which Tacoma configuration you choose, you can expect to enjoy years of use thanks to Toyota’s reputation for quality, durability, and reliability. The Tacoma is designed to hold up to the rigors of work use or off-road adventures. By going with a used model, you can get a great truck built to last without the price tag of a brand new vehicle.

 

Ford F-150

As Canada’s perennial best-selling vehicle, used F-150s are plentiful. The truck offers excellent capability to haul and tow thanks to strong engine options like the 5.0L V8 and 3.5L EcoBoost V6. There are also multiple cab and bed configurations available to suit different needs, from the SuperCrew with full four-door access to the SuperCab with smaller rear doors.

Opting for an older model year F-150 can net huge savings over a new truck. For example, a 5-year old F-150 with around 100,000 km can potentially be found for under $20,000, while a new 2022 F-150 starts around $40,000. Going back to the 2009-2014 generation can provide even greater value, with well-maintained examples priced under $10,000.

When considering a used F-150, be sure to thoroughly inspect maintenance records before purchasing. The truck is known for requiring regular maintenance to keep things like the timing chains, spark plugs, and turbos in good working order. Confirming the previous owner kept up with services can give confidence in the truck’s reliability.

 

Ram 1500

The Ram 1500 provides a refined ride and upscale interior in higher trims, making it feel more luxurious than other trucks. Well-maintained used 1500s can make great and relatively affordable workhorses or family vehicles.

The Ram 1500 really shines when it comes to comfort and interior quality. Even base models have supportive seats and an intuitive layout of controls. Step up to the Laramie, Longhorn, and Limited trims and you’re treated to features like leather upholstery, open pore wood accents, and the huge 12-inch Uconnect touchscreen system. The Ram 1500 has one of the nicest interiors you’ll find in any pickup.

While the Ram 1500 is capable of being optioned into a seriously luxurious and tech-filled truck, used models can provide fantastic utility at an affordable price. Focus your search on 2017-2020 model years to get the most modern features and styling, while still benefiting from depreciation. Properly maintained used Ram 1500s can reliably haul and tow just as well as when new. Given how nice the interior is, a used 1500 makes an ideal commuter vehicle that can still work hard when needed.

 

Tips for Finding the Best Cheap Pickup Truck

When shopping for an affordable pickup truck, follow these tips to find the best deal while avoiding potential headaches:

 

Set a Firm Maximum Budget

Determine the absolute highest price you can pay for a used truck, and stick to it. Research prices ahead of time so you know what to expect. Going over budget can put you in a difficult financial position.

 

Review Vehicle History Reports

Run the VIN through a service like Carfax to uncover any accidents, recalls, or other issues. Avoid trucks with concerning histories as they could require expensive repairs down the road.

 

Compare Fuel Economy

Pay attention to MPG ratings, as fuel costs can really add up for trucks. Compare ratings on trucks you’re considering to find the most efficient options.

 

Research Reliability

Consult consumer resources to see which trucks have the best reputations for reliability and longevity. This can help avoid frequent repairs.

 

Consider Repair Costs

Research common issues and maintenance costs for any trucks you’re looking at. Opt for inexpensive trucks with more affordable parts and services.

 

Use Negotiation Strategies

Employ tactics like shopping end of month, mentioning competing offers, bundling requests, and being willing to walk away to negotiate the best possible deal.

 

Pros of Cheap Pickup Trucks

There are several advantages to choosing an affordable pickup truck, whether new or used:

 

Cost Savings

The most obvious benefit is the lower purchase price and overall cost of ownership. Opting for a basic, no-frills truck can lead to thousands in savings compared to a loaded, luxurious model. You avoid paying for features and capabilities you may not really need.

 

Good Utility and Capability

While cheap trucks forego some of the creature comforts and advanced tech of pricier models, they still excel at basic truck duties. Hauling, towing, off-road performance and cargo space are uncompromised. You still get the core functionality and versatility of a pickup.

 

Simpler Features

A lower-priced truck means fewer complex options and gadgets. This makes them easier to operate and understand for some drivers. The basics like a manual transmission, crank windows and vinyl seats are less prone to problems than intricate electronics and moving parts.

 

Easy to Maintain and Repair

Minimalism also makes basic trucks easier for owners to service and work on themselves. Maintenance costs are reduced thanks to simpler parts. Repairs tend to be more straightforward with older designs versus complex modern engines and tech.

 

Potential Drawbacks of Cheap Trucks

While inexpensive pickup trucks can offer excellent value and utility, there are some potential drawbacks to consider when shopping on a budget:

 

May lack latest tech and luxury features

More affordable trucks, especially in the used market, are less likely to have the latest high-tech features and luxury appointments found in more expensive models. Don’t expect options like large touchscreens, advanced driver aids, premium audio, and leather seats in a budget pickup.

 

Higher mileage on used models

Since you’ll likely be looking at older model years to find a good deal, used cheap trucks will naturally have more miles on them. Higher mileage increases the chances of repairs and breakdowns. Be sure to inspect maintenance records and get a mechanic’s inspection before purchasing any high-mileage used vehicle.

 

May require more repairs

The potential for higher repair costs is another downside of going with an older, high-mileage used truck. Wear items like brakes, tires, shocks, and batteries may need to be replaced soon after you purchase the vehicle. Factor in an emergency fund for any repairs or maintenance that may arise.

 

Less power and performance

Trucks at the lower end of the price spectrum typically have less powerful engine options and plainer suspensions. So don’t expect brisk acceleration or sharp handling. The trade-off for the cost savings is slower performance and less refinement in how the vehicle drives.

 

Conclusion

In summary, there are several quality pickup truck options available at lower price points for budget-conscious shoppers in Canada. The Ford Maverick, Nissan Frontier, Chevrolet Colorado, Toyota Tacoma, Ford F-150, and Ram 1500 all provide excellent utility and capability without breaking the bank.

Opting for an affordable truck can help you save thousands of dollars upfront over more expensive models. Cheaper trucks generally have lower ownership costs as well when it comes to fuel, insurance, repairs and maintenance. While they may lack some of the luxury features of pricier trucks, cheap pickups offer the core functionality and performance that many owners require.

When shopping for the best deal on an inexpensive pickup, be sure to set a maximum budget and stick to it. Thoroughly research reliability and ownership costs for any truck you are considering. Carefully inspect vehicle history reports and maintenance records prior to purchasing a used model. And take time to negotiate the best possible price – you can often get sizable discounts off sticker prices on both new and used trucks.

With the right research and shopping strategy, finding an affordable yet capable pickup truck in Canada that fits your needs and budget is very achievable. The money you save upfront and over time on cheaper trucks can be put to other productive uses. The models highlighted in this guide are great places to start your search for the best value pickup.

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Questions About Cheap Pickup Trucks in Canada

The cheapest pickup trucks in Canada for 2024 are the Ford Maverick, Chevrolet Colorado, and Nissan Frontier. The 2024 Ford Maverick XL AWD has an MSRP of $33,100 making it the most affordable pickup. The 2024 Chevrolet Colorado WT Crew Cab Short Box has an MSRP of $36,098, while the 2024 Nissan Frontier King Cab S 4×4 starts at $40,998.

The cheapest pickup trucks in Canada tend to be more basic workhorses focused on utility rather than luxury features. However, even the most affordable pickups still come reasonably well-equipped. The Ford Maverick XL includes features like a hybrid powertrain with 191 horsepower, a 4.5-foot bed, a 7-inch touchscreen, and Ford Co-Pilot360TM tech. The Chevy Colorado WT features a 200 horsepower 2.5L 4-cylinder, vinyl seats, a rearview camera, and Chevy’s safety suite with automatic emergency braking and forward collision alert.

The 2024 Ford Maverick is Canada’s most fuel efficient affordable pickup, with city/highway ratings of 5.8/7.7 L/100 km. Going hybrid allows it to achieve this impressive efficiency. Other compact trucks like the 2024 Chevrolet Colorado (9.5/7.8 L/100 km) and 2024 Nissan Frontier (9.9/8.7 L/100 km) can’t match the Maverick’s thriftiness. Fuel sippers like the Maverick save drivers money at the pumps over time compared to their less efficient competitors.



The pickup truck with the lowest starting MSRP in Canada for the 2024 model year is the Ford Maverick XL at $31,100 before fees and taxes. Being a brand new compact truck built on a crossover platform, the Maverick achieves this ultra low base price and still comes decently equipped for a work truck. Upgrading to higher trims with more features increases the price, but the XL retains the lowest entry point into pickup ownership.

For 2023, Canada’s most affordable full-size pickup is the Chevrolet Silverado 1500 Work Truck with a starting MSRP of $37,198. Going with the base Work Truck trim level strips out some comfort and tech features to get the price down. However, you still get Chevy’s proven 5.3L EcoTec3 V8 engine, payload and towing capacities of up to 2,250 lb / 9,900 lb, plus basics like vinyl seats, 7-inch touchscreen and rear vision camera.

Some good used pickup options for under $10,000 in Canada are older model years of the Ford F-150, Chevrolet Silverado 1500, GMC Sierra 1500, Toyota Tacoma, Dodge Ram 1500, and Nissan Frontier. Shoppers can find decent high mileage examples between 5-10 years old in this budget range. Focusing on one-owner trade-ins and private sales could yield trucks with lower mileage and better maintenance records.

The Chevrolet Silverado 1500 has the most affordable insurance premiums among Canadian pickup trucks, with average yearly rates around $2,301 depending on location and driver details. Other relatively inexpensive trucks to insure include the Nissan Frontier ($2,361 average yearly premium), Toyota Tundra ($2,499), GMC Sierra 1500 ($2,512), Ford Ranger ($2,542), and Ram 1500 Classic ($2,545). Going with a basic trim of a common truck typically provides the best rates.

The Ford Maverick hybrid is Canada’s most fuel-efficient pickup, achieving city/highway ratings of 5.8/7.7 L/100 km. Other relatively eco-friendly pickups sold in Canada include the 2023 Ram 1500 eTorque mild hybrid (12.0/9.5 L/100 km), Chevy Silverado 1500 diesel (10.2/7.7 L/100 km), and Ram 1500 EcoDiesel (TBD L/100 km). Electrified powertrains like hybrid systems and diesel-electric setups provide a fuel efficiency edge over gas-only trucks.

Mainstream midsize pickups like the Chevrolet Colorado, GMC Canyon, Ford Ranger, Nissan Frontier and Toyota Tacoma usually feature options for extended or crew cabins, all-wheel drive, a choice of 4 or 6-cylinder engines, 5-foot or 6-foot bed lengths, seating for up to 5 passengers, touchscreen infotainment with Apple CarPlay/Android Auto, and safety tech like rearview cameras and forward collision warning systems. Higher trim mid-sizers add extras like leather seats, navigation, premium audio, and more.

Basic affordable pickup trucks available in Canada can still tackle tough towing and hauling jobs despite their reasonable pricing. For example, the 2024 Ford Maverick compact pickup offers standard payload capacity of 1,500 lb (680 kg) and max tow ratings of 2,000 lb (907 kg), while the Chevy Colorado mid-sizer boasts payload up to 1,574 lb (714 kg) and trailering capacity of 7,000 lb (3,175 kg). Even affordable workhorses out-muscle typical crossovers and sedans.



Most half-ton pickup trucks sold in Canada like versions of the Ford F-150, Chevy Silverado 1500, GMC Sierra 1500, Ram 1500, Toyota Tundra, and Nissan Titan offer a choice of 5-foot, 6-foot or 8-foot bed lengths. Going with a larger 6 or 8-foot truck bed provides more cargo room for hauling lumber, tools, gear and other bulky items. However, shorter 5-foot beds are easier to maneuver and fit in garages.

While base Canadian-spec pickup trucks focus more on affordability and capability over luxury features, they still come reasonably well-equipped with safety tech in most cases. For example, even base trims of the 2024 Ford Maverick, 2023 Chevy Silverado 1500, and 2023 Ram 1500 include standard features like automatic emergency braking, forward collision warning, lane keep assist, rearview cameras, hill start assist and six+ airbags.

The Jeep Gladiator is arguably the best pickup truck in Canada tailored specifically for serious off-road driving due to its rugged body-on-frame design and solid front and rear axles. Capable 4×4 hardware comes standard. Other top trucks for tackling Canadian trails and terrain include the Ford F-150 Raptor high-performance off-roader, ZR2 versions of the Chevy Colorado and GMC Canyon, and the Toyota Tacoma TRD Pro with its specially tuned suspension.



Some pickup trucks built at Canadian auto plants for both domestic sales and export include the Chevrolet Silverado and GMC Sierra in Oshawa, Ontario, the Ram 1500 Classic in Warren, Michigan, as well as older model years of the Ford F-150 in Oakville, Ontario and Toyota Tundra (no longer in production) in Cambridge, Ontario. Major American and Japanese brands leverage Canada’s strong auto manufacturing infrastructure.

The provinces of Alberta, Saskatchewan, Manitoba and Ontario have abundant options for used Canadian pickup trucks, given the popularity of trucks in rural regions and their importance for farming, industry and trade occupations. Major cities like Toronto, Calgary, Edmonton, Saskatoon, Regina and Winnipeg provide large inventories spanning all mainstream truck makes and models with lots of choice. Those in eastern provinces have fewer local options.

Historically, November and December have offered some of the best discounts on new pickup truck models in Canada as dealerships aim to clear outgoing model year inventory before the new year. Truck buyers can save thousands when automakers incentivize models with rebates, promotional financing/leasing rates, and dealer discounts during the holiday season. The best-seller Ford F-150 for example sees peak incentives before year-end.

$10,000 can buy you a decent early-to-mid 2000’s used Ford F-150, Chevy Silverado 1500, or similar full-size pickup in Canada with average mileage. Well-maintained examples may have as little as 125,000km if you get lucky hunting for one-owner trade-ins. Expect working 4×4 and features like a trailer hitch, bed liner, running boards. At this price repairs and upkeep will be needed, so inspect thoroughly and budget accordingly before sealing the deal.

Due to statistically higher collision and claims rates for drivers under age 25, insuring pickups can be costlier for younger Canadians. Premiums are highest for young men and new license holders. Using a parents’ policy, going with basic coverage, adding safety features, maintaining good grades, and comparing quotes helps lower rates. All provinces except Alberta cap rate hikes for young drivers. Pickups with better safety ratings have an advantage.

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