3 Cars You’ll Love With Payments That Won’t Break The Bank

If you’re willing to ditch this year’s model, you might be able to afford the car you want after all!

woman-with-car-keys-new-carIf you have been looking to buy one of Canada’s best selling cars or trucks and have thought they were too expensive, it’s time for another look. We identified 3 of Canada’s best selling cars and researched their historical values to find what they are going for in today’s market.

It turns out, it’s an excellent time to be in the market for a car or truck and auto loan rates are extremely low, making it very affordable to finance a car. In fact, no matter your credit, if you live in a qualified Canadian province and make more than $1,800 /mo, you may be surprised by what type of car you can afford.

3 Top Selling Best Value Cars:

Ford Escape – Family Friendly

Screen Shot 2015-08-19 at 12.28.00 AMBy far the most popular model, this 5 seats SUV feels large and comfortable once you’re in it, but still has a relatively small footprint. This is a great entry level priced SUV that delivers a high end experience won’t believe until you drive! 

  • Model: XLS Sport Utility
  • 4 Door, Seats 5
  • MPG: Up to 23 city, 28 highway
  • Horsepower: 171 to 240 HP
  • Towing capacity: 1,500 lbs
  • Front Wheel Drive

 2012 XLS Sports Utility with Basic Options Package, 50,000 miles, very good condition: $226 per month.

Honda Civic – Most Affordable

Smaller than the Ford Escape, the Honda Civic has been listed by Kelly Blue Book as a “Best Buy Award Winner in recognition of its superior value and signature blend of reliability, style and performance, unrivaled by any other vehicle in the small-car class”¹

  • Model: DX Sedan 4D
  • 4 Door, Seats 5
  • MPG: Up to 30 city, 39 highway
  • Horsepower: 143-hp, 4-Cylinder Engine
  • Front Wheel Drive

2013 Honda Civic DX with Basic Options Package, 50,000 miles, very good condition: $226 per month

Ford F-150 – Best For Towing

 The F150 stacks up well against other rivals in its class, offering a strong, refined engine, good on-road handling, and plently of storage space in the cabin.

  • Model: XL Pickup, Regular Cab
  • 2 Door, Seats 3
  • MPG: Up to 17 city, 23 highway
  • Towing capability of up to 11,300 lbs
  • 6.5 foot truck bed
  • Engine type: Flex-fuel (ffv), 283-hp,Cylinders V6
  • Rear Wheel Drive

2011 XL Pickup, with Basic Options Package,  50,000 miles, very good condition: $249 per month

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Disclaimer: We do not guarantee these prices. The monthly payment of $250 assumes you will finance for 84 months at an interest rate of no more than 7%. Rebates, incentives, down payments, sales tax and negotiation leverage will reduce the price and payment. Changes in these variables affect how much car you can actually afford.  

Additional Sources

¹ Honda Award – Kelley Blue Book

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