Feeling pinched at the pump lately? You’re likely not alone.
Nationwide, Canadians have seen increases in gas prices. According to recent data from Statistics Canada, the cost of gasoline went up by 32.8% year-over-year in September. This figure may be troubling to some, especially those in the market for a new (or used) vehicle.
The difference in fuel costs between vehicles can definitely make or break your purchase decision. The best way to save on gas overall is to avoid gas-guzzlers and look into a fuel-efficient model. Nowadays, there are many conventional cars, hybrids, plug-in hybrid (PHEV) and battery-electric (BEV) vehicles on the market, but some can save you more on gas than others.
That being said, each year, Natural Resources Canada (NRC) recognizes the most fuel-efficient vehicles sold in Canada by class. So before gas prices make you trade in your keys for sneakers, check out this list of the best fuel-efficient vehicles that you can buy right now.
There are two vehicle costs that typically eat at your wallet the most: gas and auto insurance.
If you’re taking the steps to save on gas, try shopping around to see where you can save on auto insurance too.