While the removal of federal subsidies and the reduction of provincial subsidies significantly slowed electric vehicle sales in 2025, the return of a federal incentive program, and crucially, the rapid rise in gas prices signal a return of the pendulum in 2026.
As a result, many motorists are expected to purchase a new electric vehicle this year with the aim of reducing their fuel expenses.
Of course, not everyone can afford a new vehicle in this period of economic instability, and if the ultimate goal is to reduce monthly transportation expenses, buying a used electric vehicle makes more sense anyway.
Here is a photo gallery presenting the 10 best used electric vehicles to acquire in order to counter rising prices at the pump.
Note: Average prices are calculated for 2022 to 2024 models with between 10,000 and 80,000 km on sale across Canada, and new prices for discontinued models are those in effect during the last year of production. Range spans are based on figures announced for 2022 to 2024 models when they were new.
Hyundai IONIQ 5 / Hyundai IONIQ 6 / Kia EV6
Average Price (Used) = $36,036 (Ioniq 5) / $35,590 (Ioniq 6) / $38,320 (EV6)
New Price = $58,266 to $64,526 (Ioniq 5) / $57,766 to $68,016 (Ioniq 6) / $52,162 to $68,162 (2025 EV6)
Announced Range = 354 to 488 km (Ioniq 5) / 386 to 581 km (Ioniq 6) / 373 to 499 km (EV6)
These three models share the same platform, making them very similar vehicles under the bodywork. Their main advantage on the used market remains their 800-volt electrical architecture, a technical feature that allows for significantly faster charging than most of their competitors. Overall, they offer generous range, a spacious cabin thanks to their dedicated platform, and a comfortable ride. These three models are also easy to find on the used market due to strong sales over the past few years.
However, their price remains quite high compared to other models in the same category. In terms of reliability, the track record has been tarnished by issues related to the Integrated Charging Control Unit (ICCU). Although dealers are now installing an improved part, most used vehicles still have faulty components. If you frequently travel long distances on the highway, these three models are probably your best choices.
Chevrolet Bolt EV / EUV
Average Price (Used) = $25,656
New Price = $38,943 to $44,048 (2023)
Announced Range = 397 to 417 km
The Chevrolet Bolt EV and its EUV variant stand out as two of the most affordable options on the current used market. Their compact, vertical format is particularly suited to urban environments, while offering a range of up to 417 km, which is very competitive for this price category. A major advantage for the buyer is the model’s technical history: following a major recall, all Bolts received a new battery a few years ago, providing additional peace of mind regarding the longevity of the most expensive component.
On the other hand, their main compromise lies in the fast-charging speed, capped at only 50 kW. This technical limitation makes stops at public charging stations significantly longer than the competition, restricting the Bolt’s use to daily commutes rather than major road trips.
Hyundai Kona EV / Kia Niro EV
Average Price (Used) = $28,258 (Kona EV) / $28,874 (Niro EV)
New Price = $46,766 to $51,566 (Kona EV) / $48,612 to $56,512 (Niro EV)
Announced Range = 415 to 420 km (Kona EV) / 385 to 407 km (Niro EV)
The Hyundai Kona EV and Kia Niro EV share a common technical base, offering a rational option on the used market where two generations currently coexist. These models are distinguished by a reasonable purchase price and a comfortable ride. They offer an effective compromise between a small exterior size, easy to park, and a well-optimized interior space. The equipment-to-price ratio is particularly favorable, especially in the well-equipped high-end versions. Their range remains quite competitive for the category, with over 400 km per charge.
However, their fast-charging speed capped at 85 kW limits their efficiency during long trips compared to current standards. Additionally, the front-mounted charging port can sometimes pose compatibility or accessibility issues depending on the configuration of certain public stations. Being offered only in front-wheel drive, they are positioned more as versatile urban electric vehicles than long-distance travelers—an important distinction to make based on intended use.
Kia Soul EV
Average Price (Used) = $20,916
New Price = $43,095 to $52,095 (2023)
Announced Range = 248 to 383 km
The Kia Soul EV stands out with a floor price on the used market, with an average just under $21,000. Its iconic boxy format isn’t just about style: it allows for optimal use of interior space while remaining very easy to park in urban settings. Although its range can reach 383 km (with the 64 kWh battery), this model is beginning to show its age against more modern competition.
Its fast-charging speed is limited, and its range suffers a marked decrease during Canadian winters. It remains, nonetheless, a pragmatic option for tight budgets looking for a versatile and easily identifiable urban vehicle that allows for real savings in both usage and purchase.
Ford Mustang Mach-E
Average Price (Used) = $36,904
New Price = $55,690 to $72,690
Announced Range = 360 to 515 km
The Ford Mustang Mach-E is aimed at those seeking a dynamic drive and assertive style without sacrificing family space. Heavily depreciated on the used market, it now offers an excellent equipment-to-price ratio, with high-performance versions and generous range.
However, caution is advised: significant discounts on new models (sometimes reaching $15,000) can reduce the financial appeal of a very recent used model. It is also preferable to favor units produced after mid-2022 to avoid initial reliability issues, which now seem resolved. Finally, note that its firm suspension and the weight of the battery can lead to a sometimes jerky ride on our degraded roads.
Polestar 2
Average Price (Used) = $37,965
New Price = $54,950 to $64,650 (2025)
Announced Range = 397 to 515 km
The Polestar 2 appeals with its clean design and premium interior, two qualities inherited from Volvo, the company Polestar split from to become a manufacturer in its own right. Its hatchback configuration makes it more versatile than a classic sedan, while its dynamic performance ensures solid driving pleasure. The range of regular versions is sufficient for most needs, although it is not the highest in its category.
However, its resale price remains high, and the range of performance models is disappointing, being announced below the 400 km mark. Finally, the model’s availability on the new vehicle market was recently limited by the suspension of Chinese imports to Canada due to 100% punitive tariffs—a constraint that is just beginning to ease in 2026 with the adoption of new import quotas.
Tesla Model 3 / Tesla Model Y
Average Price (Used) = $34,718 (Model 3) / $42,997 (Model Y)
New Price = $79,990 to $89,990 (Model 3) / $49,990 to $74,990 (Model Y)
Announced Range = 146 to 576 km (Model 3) / 386 to 531 km (Model Y)
The Tesla Model 3 and Model Y dominate the used market due to their high availability and access to the Supercharger network. They remain benchmarks for their energy efficiency and onboard technologies. While the Model Y appeals for its versatility, the used Model 3 is very attractive compared to the price of new ones, which surged in Canada following customs tariffs on vehicles produced in China.
However, the high volatility of new prices, which constantly fluctuate by several thousand dollars, makes buying a used Tesla risky, as resale value can drop suddenly. Furthermore, the image of the brand and Elon Musk now deters some buyers. Despite their premium image, Tesla’s smaller vehicles feature a minimalist interior that places all controls on a screen. While recently launched redesigned models have fixed most assembly and design issues associated with the brand, older vehicles often suffer from uneven finishing.
Cadillac Lyriq
Average Price (Used) = $47,042
New Price = $74,042 to $101,252
Announced Range = 494 to 505 km
The Cadillac Lyriq stands out with its bold exterior style and luxurious interior that redefines the brand’s standards. Offering very satisfying power and range, it also provides access to the Super Cruise semi-autonomous driving system, one of the most competent in the industry. Its main appeal on the used market lies in its high depreciation, allowing for the acquisition of a premium vehicle at the price of a regular electric model.
However, buyers should be aware that the first models produced experienced significant software issues, although most now seem resolved through updates. Additionally, Cadillac made the controversial choice to remove compatibility with Apple CarPlay and Android Auto, opting instead for a fully integrated interface by Google.
Chevrolet Equinox EV
Average Price (Used) = $37,112
New Price = $49,643 to $58,142
Announced Range = 459 to 513 km
The Chevrolet Equinox EV quickly established itself as a major player, becoming the second best-selling electric vehicle in Canada in 2025, just behind the Tesla Model Y. This phenomenal success notably allowed General Motors to surpass Tesla to become the top EV seller in the country last year. Appreciated for its modern style, comfort, and spacious interior, it offers interesting depreciation on the recent used market, allowing for savings of about $10,000 compared to a new entry-level model.
However, as it is a very recent model, some early-stage problems (particularly software-related) may still occur. One must also deal with the absence of Apple CarPlay and Android Auto, replaced by an integrated Google interface, and a fast-charging speed that, in real-world conditions, often proves slower than the figures announced on paper. If the Equinox EV interests you, take a look at new models as well, because GM is very aggressive with pricing, which can make used models less attractive.
Ford F-150 Lightning
Average Price (Used) = $61,105
New Price = $62,890 to $103,390
Announced Range = 370 to 515 km
The Ford F-150 Lightning remains the only truly accessible electric pickup truck on the used market. Its main asset is its conventional style, which avoids the often-criticized futuristic lines, while offering impressive power and a vast, extremely practical front trunk. In normal driving, its range is quite satisfactory for daily use, and a wide selection of well-equipped used models can now be found across the country.
However, it should be noted that the range drops drastically when towing, which limits its utility for long trips with a trailer. Additionally, its fast-charging speed peaks at 150 kW, a performance significantly less impressive than that of GM’s electric trucks, which can reach more than double that. It remains, nevertheless, the most balanced choice for those who want a versatile electric pickup without the exorbitant price of new high-end models.
