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The 10 Most Affordable New Cars in Canada in 2022

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Vincent Aubé
There are inventory shortages to navigate these days, but bargains are still out there!

4th place: 2022 Kia Rio LX+ w/ manual transmission   $17,295 + $1,625 in fees

Kia Rio 5
Kia Rio 5 | Photo: Kia

Here, we’re getting to the true bargain floor of our automotive department store. And here, logic is respected. The Kia Rio 5 belongs to a segment that has been almost completely wiped out in recent years. As they follow the customers, almost all automakers have abandoned the subcompact car format in favour of small SUVs.

And yet here it is, the Rio 5, a subcompact that, what’s more, drives like a compact car. The design is attractive, the quality is decent and the equipment is quite comprehensive for such an affordable car. And the price remains the same as in 2021.

Despite all this, few people would be willing to bet on the long-term survival of this valiant little car. Such is the reality of the automotive industry in 2022...

Kia Rio 5, profile
Kia Rio 5, profile | Photo: Kia
Kia Rio 5, interior
Kia Rio 5, interior | Photo: Kia
Kia Rio 5, trunk
Kia Rio 5, trunk | Photo: Kia
Vincent Aubé
Vincent Aubé
Automotive expert
  • Over 17 years' experience as an automotive journalist
  • More than 60 test drives in the past year
  • Participation in over 200 new vehicle launches in the presence of the brand's technical specialists