With tariffs and economic pressures driving up the cost of new vehicles, more Canadians are turning to used cars to get the most out of their money. But not every vehicle is a smart buy—especially when it comes to resale value.
Whether you’re in Toronto, Vancouver, Calgary, Edmonton, or anywhere in between, one thing is clear: picking a vehicle that holds its value has never been more important. Between rising interest rates, high insurance costs, and cross-border trade tensions, the right used vehicle can make a big difference for your bottom line.
Here are 10 models that consistently perform well on the Canadian resale market—thanks to reliability, availability, and strong demand—even in a shifting tariff landscape.
1. Toyota Tacoma
Why it holds value: The Tacoma is one of the most in-demand pickups across the country, especially in BC, Alberta, and Quebec. Built tough and known for its long lifespan, it’s a favourite among both city drivers and outdoor enthusiasts.
Estimated 5-year value retention: ~70%
2. Toyota 4Runner
Why it holds value: While it hasn’t changed much in years, that’s part of the appeal. The 4Runner’s ruggedness, simple mechanics, and strong resale performance make it a hot commodity—especially in regions with harsh winters or off-road terrain.
Estimated 5-year value retention: ~65%
3. Jeep Wrangler
Why it holds value: Made for the Canadian climate and lifestyle, the Wrangler is perfect for year-round adventures. Its dedicated fanbase and off-road capability help it stand up to depreciation—even when tariffs raise the cost of new alternatives.
Estimated 5-year value retention: ~60–65%
4. Honda Civic
Why it holds value: The Civic has long been a staple on Canadian roads. It’s affordable, dependable, and many trims are built in Ontario, helping it avoid some of the tariff impact affecting other imports.
Estimated 5-year value retention: ~60%
5. Toyota RAV4
Why it holds value: Consistently the best-selling SUV in Canada, the RAV4 is built in Ontario and has built a rock-solid reputation for reliability and fuel efficiency—two things Canadians value, especially with fluctuating gas prices.
Estimated 5-year value retention: ~60%
6. Subaru Crosstrek
Why it holds value: With standard all-wheel drive, excellent fuel economy, and a strong following in snowy regions, the Crosstrek is a top pick for Canadians who want value and year-round usability.
Estimated 5-year value retention: ~58–60%
7. Ford F-150
Why it holds value: As Canada’s best-selling pickup, the F-150 remains a workhorse with great resale appeal. Many trims are built in North America, helping shield it from import tariffs and price spikes.
Estimated 5-year value retention: ~60%
8. Tesla Model Y
Why it holds value: As EV adoption grows in Canada, the Model Y is leading the charge. Produced in North America and packed with tech, it holds value well—especially as federal and provincial incentives keep demand strong.
Estimated 5-year value retention: ~58–62%
9. Honda CR-V
Why it holds value: A go-to compact SUV for Canadian families, the CR-V’s balance of space, fuel economy, and durability keep resale prices strong. Many units are built in Ontario, giving it a local advantage.
Estimated 5-year value retention: ~58–60%
10. Chevrolet Tahoe
Why it holds value: The Tahoe offers big space, towing power, and winter-ready capability. As tariffs affect other full-size SUVs, Canadian buyers are leaning toward domestic models that can do it all.
Estimated 5-year value retention: ~57–60%
Final Thoughts
In Canada’s evolving auto market, long-term value matters more than ever. Vehicles that are durable, locally built, and in high demand are your best bet for staying ahead of rising prices.
And before you buy any used vehicle—especially one priced at a premium—get a mobile pre-purchase inspection. Services like iNeedaPPi Mobile Car Inspectors will come to the car (even in your driveway) and make sure it’s roadworthy before you hand over your money.
A few hundred bucks today could save you thousands tomorrow.
