Comparing a used vs. new car in Canada in 2026? Here’s what a $25,000 vehicle budget really means once depreciation, financing, tax, fuel, insurance, maintenance and long-term ownership costs enter the picture. A $25,000 vehicle budget sounds straightforward until you actually start shopping. Do you put that money toward an entry-level new vehicle with a full factory warranty? Or do you use the same budget for a late-model pre-owned vehicle that may offer more space, equi

Comparing a new vs. used car in Ontario? Here’s how purchase price, financing, depreciation, warranty, monthly payments, and long-term value can help you decide which gives you the better bang for your buck. Buying a vehicle used to feel like a fairly simple choice: buy new if you could afford it, or buy used if you wanted to save money.