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Pickup Truck Buying Guide 

Everything to know about your next pickup truck purchase

The “pick up” sure has come a long way! What was once a single-purpose work vehicle is now serving multiple roles. Day-to-day family haulers. Weekend activities like camping, towing or travel. Nowadays even luxury buyers are looking closely at trucks because of their fair price compared to SUV’s and fantastic list of amenities and options. Modern trucks have evolved with more features and equipment than ever before, plus a variety of powertrains including regular gas, hybrid, diesel, and electric.

Today there’s a wide range of models and styles available, from smaller compact versions with improved fuel economy to larger full-frame models with the highest towing and hauling capabilities. Trucks can also be “configured” with many interior and exterior features. Gone are the days where a basic vehicle must sacrifice heavy duty capabilities, or where a high-end truck also must be workhorse. So, when buying or leasing a truck, it’s important to consider your intended use to avoid buying more (or less) than what you need.

Pickups vary greatly in size, price, fuel economy, comfort, performance, safety, and reliability, with some factors being interdependent. For example, trucks with better fuel economy tend to be smaller and weigh less, whereas heavy-duty trucks offer more power but can result in a rougher ride.

Overall, the truck market offers something for everyone, but prices have been steadily increasing. However, recently many dealerships have seen their in stock inventory of trucks improve. According to CarCostCanada, this may be an opportunity for consumers who wish to purchase a truck.  This guide can help you make the most of your truck-buying budget.

Pros and Cons of Owning a Pickup Truck

There are many things to consider when purchasing a pickup truck. We’ll go into further detail but here are the most common advantages and disadvantages of owning a pickup truck.

Advantages:

  • Versatility: Pickup trucks can be used for a wide range of purposes, such as hauling cargo, towing trailers, or even off-road driving.
  • Power: Pickup trucks typically have powerful engines that provide plenty of torque, making them capable of towing heavy loads and handling tough terrain.
  • Space: Pickup trucks often have spacious cabs and cargo beds, making them ideal for transporting passengers and gear.
  • Safety: Pickup trucks are generally considered safer than cars in accidents due to their larger size and heavier weight.
  • Resale value: Pickup trucks often hold their value well and can be sold for a high price when it’s time to upgrade.

Disadvantages:

  • Fuel economy: Pickup trucks are often less fuel-efficient than cars, which can make them expensive to operate, especially if they are frequently used.
  • Size: Pickup trucks can be difficult to park in tight spaces or navigate through narrow streets due to their size. These trucks are much wider and higher than average cars and many SUV’s, which can make urban settings challenging.
  • Cost: Pickup trucks can be more expensive to purchase than cars, and maintenance and repair costs may also be higher.
  • Ride quality: Pickup trucks are sometimes less comfortable than cars due to their stiffer suspension and rougher ride. Longer wheelbase models can offset the stiff suspension to some degree.
  • Environmental impact: Pickup trucks on average use more fuel than cars, therefore they produce more emissions, which has a negative impact on the environment.

Different types of pickup trucks for different uses

Historically trucks were defined as “1/2-ton”, “3/4 ton” and “1-ton” vehicles. These descriptions referred primarily to payload capacity and general vehicle size. An example from Ford; the F-150 is a 1/2-ton, F-250 is a 3/4 ton and F-350 is a 1-ton. Government classifications focus on Gross Vehicle Weight Rating (“GVWR”). The smallest class is all vehicles under 2,800kg (which includes many of the pickups below).

The auto industry itself prefers “segments”: Midsize, Full-size and Heavy Duty. Today, due in part to inflationary pressures and the ever-increasing size of the largest available pickup trucks, a new Compact segment is gaining traction.

Compact Pickup Trucks

Compact pickup trucks are the smallest and most affordable of the four segments. Today there is limited selection in this “small truck” category but the vehicles available are new and other models are coming to market soon. Compacts are mostly used for personal transportation and occasionally for light commercial purposes. 

Examples include the Ford Maverick and Hyundai Santa Cruz.

Compact pickups are appealing to city dwellers who want some ruggedness but also must maneuver in tight spaces. Compacts have limited towing capacity, smaller, more fuel efficient engines, and may sacrifice even the most basic “truck” features (like 4-wheel drive), but prioritize fuel economy, versatility and low prices.

Midsize Pickup Trucks

Midsize pickups are a growing and popular segment, frequently seen as great value when compared to full-size trucks. These are often used for construction work and personal transportation.

 Examples of models include the Chevrolet Colorado, Ford Ranger, Toyota Tacoma, Jeep Gladiator and Honda Ridgeline.

Midsize pickup trucks are generally available in 2 or 4-wheel drive versions and offer a variety of engine choices, ranging from 4-cylinders to V6s. Their cabins and pick up beds rival some full-size models. They also tend to have better fuel economy than full-size models. However, their towing and hauling capacity is usually lower than that of full-size pickup trucks.

Full-size Pickup Trucks

Full-size trucks are the most popular and best-selling category. They are often used for heavier construction work plus personal and professional transportation tasks. Their cabins are incredibly large and can be quite luxurious when optioned accordingly.

Examples include the Chevrolet Silverado 1500, Ford F-150, GMC Sierra, Toyota Tundra and Ram 1500.

Full-size pickup trucks generally have higher towing and hauling capacities than compact and midsize pickup trucks. They also offer a variety of engines, ranging from V6s to V8s, as well as hybrid and electric fuel options. However, they tend to consume more fuel than compact pickup trucks and may be more difficult to maneuver in parking spaces and narrow streets.

Heavy-duty Pickup Trucks

Heavy-duty pickup trucks are the largest and most robust pickup trucks. They are often used for the heaviest work, such as road construction and drilling, as well as the most demanding towing activities.

Examples of models include the Chevrolet Silverado 3500HD, Ford F-250 and F-350, GMC Sierra 2500 HD and 3500 HD, and Ram 2500 and 3500.

Heavy-duty pickup trucks have even higher towing and hauling capacities than full-size pickup trucks. However, they are also more expensive and fuel-intensive, which can make daily use impractical for most drivers.

In summary, compact pickup trucks are the most affordable and offer good fuel economy, but have limited hauling capacity. Midsize trucks are often compared closely to larger pickups and are a great compromise for many truck applications. Full-size pickup trucks are the most popular and versatile, offering a range of engines and towing capacities. Heavy-duty pickup trucks are the most robust and offer the highest hauling and towing capacities, but are also the most expensive and fuel-intensive.

Considerations before buying a pickup truck

Here is a list of factors to consider when purchasing a pickup truck: 

  • Cab and seat size: regular cabs are cheaper but only offer front seats, while extended cabs and crew cabs offer more seats and interior storage space.
  • The bed: this is what sets pickup trucks apart from other vehicles, as it allows for the transport of bulky items such as furniture, tools, and equipment. Different bed sizes are available depending on the cab configuration. Also pickup beds today come with many unique and useful options such as “under bed storage”, power stations, and racking/storage solutions.
  • Engines and fuel economy: different types of engines are available, ranging from four cylinders to large diesels. Hybrid and electric trucks are also becoming more common, offering better fuel economy and faster performance. Keep in mind that fuel economy will suffer while towing and in cold weather conditions. It would not be unusual for range to be decreased as much as 50% when towing.
  • Towing capacity: pickup trucks are well suited for towing boats, cars, and trailers. Towing capacity depends on several factors such as the engine and factory-installed towing equipment. Be sure to check the GVWR of any truck you consider and understand your particular application and needs.
  • Comfort options: high-end versions offer leather seats, sophisticated infotainment systems, power tailgates, and many additional bed and accessibility accessories.
  • Bed accessories: different accessories are available, such as loading ramps, LED lights, and tie-down straps to keep loads in place.

In summary, when buying a pickup truck, it’s important to consider the cab and bed size, engine type and fuel economy, towing capacity, comfort options, and available bed accessories. 

Why buy a new pickup truck ?

Buying a new pickup truck has its advantages, including the latest safety features and engineering improvements, less maintenance concerns, and more options for customization. Financing rates are also typically lower for new trucks. Historically, the main disadvantage has been rapid depreciation, with new trucks losing up to half their resale value in the first few years of ownership.

Choosing a used pickup truck is a viable option with a larger market and potential for finding a truck that has taken the biggest depreciation hit but still has plenty of useful life left. It’s important to focus on reliability and have a mechanic inspect any truck under consideration.

CarCostCanada Says

The automotive market has seen tough times in the last few years. However, since the depths of the pandemic, most dealers have rebounded and are now holding larger inventories of pickup trucks. This may be a good opportunity to negotiate and have more choice of models, options and colours than a couple of years ago when you had to pre-order.

Trust CarCostCanada to guide you in the purchase of your next pickup truck. With their 3-step process, make sure you pay the best price for your new acquisition by not missing out on any rebates and incentives. Find all the information you need and have them refer you to the nearest dealer. Make an informed choice with CarCostCanada.

CarCostCanada

Porsche’s Cayenne Platinum Edition is arriving this summer

2022 Porsche Cayenne Platinum Edition
The new 2022 Porsche Cayenne Platinum Edition provides classy satin-silver trim elements with the model’s usual sporty styling.

Porsche just announced the return of its special Cayenne Platinum Edition, available to order now and for delivery this summer. The Platinum Edition was last offered in the previous-generation Cayenne from 2016 to 2018, and like that version the new iteration combines a classy character details with the model’s usual sporty demeanour.

While the old version only came in one body style, the new Platinum Edition is now available as both a standard Cayenne and the sportier Cayenne Coupe, plus its an option with all three different V6-powered models, including 335-hp entry-level, 455-hp E-Hybrid, and 405-hp S trims.

Platinum Edition adds a luxe satin-silver motif as well as extra features

2022 Porsche Cayenne Platinum Edition
The Cayenne Platinum Edition’s interior gets unique textured aluminum inlays.

Setting the Platinum Edition apart from regular models, are satin-finish Platinum painted front fascia air intake slats, headlight bezels, 21-inch RS Spyder Design wheels, “PORSCHE” lettering on the centre strip of the rear LED taillights, and model designation just below. The Platinum Edition also features gloss-black side window trim and a similar treatment on the sport exhaust tips.

A full palette of exterior colours is available for the Platinum Edition, including solid white and black, plus metallics like Black, Carrara White, Mahogany, Moonlight Blue, and Chalk, the latter grey hue falling into the pricier “special colour” category.

Platinum Edition interior combines classy overtones with Cayenne’s usual sporty flavour

2022 Porsche Cayenne Platinum Edition
This attractive dash-top clock comes standard with the Platinum Edition.

An aluminum door sill featuring “Platinum Edition” script greets driver and passengers upon entering Platinum Edition models, while additional bright metalwork includes exclusive textured aluminum inlays and yet more satin-silver accents, while Chalk-coloured seat belts provide a final touch.

Additional Platinum Edition standard features include LED headlamps with Porsche’s active cornering-capable Dynamic Light System (PDLS), as well as a set of eight-way-powered front leather sport seats, plus embossed Porsche crests on both the front and rear headrests. What’s more, Platinum Edition models get an analogue clock atop the dash, a surround-sound audio system by renowned stereo-maker Bose, ambient backlighting, rear privacy glass, and possibly best of all, a large panoramic sunroof overhead.

Platinum Edition priced to make it a popular upgrade

2022 Porsche Cayenne Platinum Edition
All outboard headrests are stamped with the Porsche crest.

The 2022 Platinum Edition starts at $92,800 for the entry-level Cayenne model, although getting the upgrade package with the same engine in the Cayenne Coupe is only $97,500, which means the latter option is just $8,800 more than the $13,600 being asked for this special trim with the regular Cayenne. Almost the exact same spread repeats for E-Hybrid Platinum Edition variants, which start at $109,100 for the regular Cayenne and $109,100 for the Cayenne Coupe, representing an identical $13,600 spread, while the upgraded version of the electrified Coupe starts at $110,500 for an $8,900 difference from its base variant. At the top of the Platinum Edition range, the upgrades to the Cayenne S start at $109,300, representing a $12,500 increase from the regular S, whereas adding the package to the Cayenne S Coupe pushes the price up to $112,000, for a $7,700 price bump.

2022 Porsche Cayenne Platinum Edition
The Cayenne Platinum Edition adds a whole host of premium features.

Those not willing to wait until summer for the new Platinum Edition may want to check for an alternative trim with their local Porsche retailer, because Porsche Canada currently has new 2022 Cayenne models available with factory leasing and financing rates from zero percent. Make sure to check out our 2022 Porsche Cayenne Canada Prices page for details, plus remember to download our free app from the App Store in order to have all CarCostCanada info with you when you need it most.

Story credits: Trevor Hofmann

Photo credits: Porsche

CarCostCanada

Conditions Actuelles du Marché Automobile

Les automobiles et la pandémie

2020 était une très mauvaise année pour les ventes d’automobiles.  Cette année on est en train de voir un rebondissement des ventes.  Mais cette augmentation vient avec ses propre défis…  Les manufacturiers n’ont pas été capable de réagir assez rapidement à cette augmentation en demande.

La pandémie Covid-19 a créé un déficit d’approvisionnement. En plus, il y a une hausse en demande créé par les taux d’intérêt très bas (ainsi que la faite que les consommateurs ont plus d’argent dans leurs comptes). Pour les concessionnaires, cette combinaison a comme résultat un manque d’inventaire le plus important qu’ils ont connu. En parlant a l’un de nos concessionnaires Toyota au Quebec (dans la grande région de Montreal), il mentionne qu’il lui reste qu’une auto dans sa salle de montre!

Peut-être acheter une voiture d’occasion ?

A cause de ce manque de disponibilité de véhicules neufs, ainsi que d’autres conditions du marché, il y eu une hausse importante des ventes ainsi que les prix de véhicules d’occasion cette année.  On voie aux encans d’automobiles au Quebec que des commerçants achètent des autos aux prix de détail, et les voitures récentes se vendent pour presque le PDSF du véhicule neuf!

Quand est ce que ça va finir ?

Présentement, les manufacturiers font leur meilleur pour trouver des solutions pour être capable de livrer des autos a leurs clients. Avec la pénurie de semi-conducteurs, ils ont commencé de livrer des voitures avec des options manquant, en utilisant les semi-conducteurs pour les fonctions nécessaire pour faire rouler l’automobile. Comme ça, vous pouvez au moins avoir votre voiture de luxe, même s’il manque les sièges massant, ou les porte-gobelets chauffant…

Malheureusement, personne de sait quand ça pourra revenir a normale. La situation en Ukraine n’aide pas non plus, car l’Ukraine fournisse la majorité du gaz néon qui est nécessaire pour faire marcher les lasers qui sont utilisé pour la production de ces micro-puces.

On peut seulement attendre impatiemment pour que les difficultés sont régler et que le marché retourne a quelque chose qui ressemble au temps normale…

CarCostCanada

Porsche introduces performance-focused 2023 Macan T to Canadian market

2023 Porsche Macan T
The 2023 Macan T might just have the best handling in the Macan line-up, thanks to lightweight four-cylinder power.

If you see an italicized “T” on the backside of a Macan in the near future, you might want to think twice about racing it through a winding country backroad.

Recently revealed for the 2023 model year, the new Macan T is a specially tuned version of the base Macan, with a focus on cornering agility. It benefits from less weight over the front wheels thanks to the base model’s 2.0-litre turbocharged four-cylinder engine, which was bumped up to 261 horsepower and 295 lb-ft of torque for 2022, so it just might be the best handling Macan in the lineup, even when compared to the mighty 434-hp GTS.

New Macan T optimizes handling over straight-line power

2023 Porsche Macan T
Plenty of unique trim details set the Macan T apart.

Splitting the difference between GTS and base is the Macan S, which puts out 348 hp, while zero to 100 km/h performance times are (from quickest to slowest) the GTS at 4.5 seconds, the S at 4.8 seconds, the T at 6.2 seconds and the base model at 6.5 seconds. Of note, base models can be equipped with Porsche’s Sport Chrono package, which knocks 0.2 seconds off the straight-line sprint, this upgrade standard with the new Macan T. The new model is plenty fast too, with a top track speed of 232 km/h, both take-off and high-speed performance benefiting from Porsche’s seven-speed dual-clutch automated PDK transmission, which is standard with all Macan trims.

Of note, the Sport Chrono package replaces the regular dash-top clock with a lap timer/stopwatch, while a helpful steering wheel-mounted Sport Response button makes it easy to switch between drive modes, some of which abbreviate gearbox shift increments for a sportier feel and quicker performance.

At-the-limit cornering control is the Macan T’s specialty

2023 Porsche Macan T
Grey Agate metallic trim highlight key components, such as the side mirrors.

Specific to handling, the Macan T benefits from a 15-mm lower suspension and the Porsche Active Suspension Management (PASM) system as standard too, while those that upgrade to the automaker’s adaptive air suspension lose another 10 mm of ride height while gaining even sharper handling capability, not to mention a better ride quality.

Porsche Traction Management (PTM) all-wheel drive comes standard too, par for the course with the Macan, although it features additional rear torque bias for more agility through fast-paced corners. Aiding the latter are more rigid front anti-roll bars, as well as unique chassis tuning that Porsche claims to be “the perfect suspension for the vehicle and powertrain.” Lastly, at least for suspension mechanics, Macan T buyers can opt for Porsche Torque Vectoring Plus, which has been retuned for improved performance when pushed hard through curves.

Styling updates complete Macan T transformation

2023 Porsche Macan T
Special 20-inch Macan S wheels look sharp.

Of course, Porsche couldn’t just upgrade the Macan T’s performance without making some design tweaks, so therefore it features some unique Agate Grey metallic trim pieces in key areas, particularly to the front fascia, the mirror caps, the side blades (that also feature a scripted “Macan T” trim designation), the rooftop spoiler, and the rear bumper, while high-gloss black outer window trim and exhaust pipe finishers add to its sporty appeal. Rounding out the package, literally, are 20-inch dark titanium Macan S alloy wheels, while 13 plain, metallic and special exterior colours allow buyers’ individual personalities to shine through.

2023 Porsche Macan T
If you see this “T” on the backside of a Macan, don’t attempt to race it through a curving backroad.

Inside, the same “Macan T” script brands a set of black aluminum door sill plates, while a multifunction GT steering wheel boasts a heatable leather-clad rim (which can optionally be wrapped in Race-Tex), and heated eight-way power-adjustable sport seats featuring grey pin-striping over Sport-Tex fabric centre panels, plus front headrests with embossed Porsche crests, add to the unique character of this performance-oriented model. The Macan T’s exclusive upholstery is in fact based on the Black leather package, which also includes silver contrast stitching on the seat bolsters, headrests, and steering wheel.

Notably, the Macan was refreshed partway through 2021 for the current 2022 model year. It featured updated exterior styling plus a slightly renewed interior, the latter particularly focused on the centre stack and console, which gets a larger 10.9-inch touchscreen complete with a fully-networked Porsche Communication Management (PCM) infotainment system, as well as touch-sensitive glass-look interface for selecting other key functions.

Macan T to be priced between entry-level Macan and Macan S

2023 Porsche Macan T
“Macan T” script highlights the black aluminum door sills.

When it arrives in early spring, the 2023 Macan T will be priced somewhere between the 2022 entry-level Macan, which starts at $58,500, and the 2022 Macan S, which can be had from $70,600 (the 2022 Macan GTS starts at $85,500). This will make this T trim line the most affordable performance-tuned Macan, and interestingly the first non-sports car to wear “T” branding.

Important as well, especially during our inflationary times, the new Macan T should benefit from similar fuel-efficiency to today’s base model, which is rated at 12.2 L/100km city, 10.2 highway and 11.3 combined. This compares well to V6-powered Macans that achieve claimed ratings of 13.1, 9.6 and 11.5 (S) and 13.5, 10.5 and 12.2 (GTS) respectively.

Zero percent lease and financing rates available from Porsche

2023 Porsche Macan T
Unique upholstery sets the Macan T apart.

Before Porsche Canada reveals pricing and ordering info, take note that 2022 models are available with factory leasing and financing rates from zero percent. Go to our 2022 Porsche Macan Canada Prices page for more details, and be sure to brush up on how our system works, plus download our free app from the App Store. CarCostCanada members are saving an average of $1,250 when purchasing a new Macan, which is good considering the car market’s general inventory issues.

 

Story credits: Trevor Hofmann

Photo credits: Porsche

CarCostCanada

Nissan USA to produce two entirely new EVs in Canton, Mississippi

2021 Nissan Leaf
Nissan’s Leaf was once the world’s EV sales leader, but it’s now overshadowed by more exciting alternatives that provide greater range.

While Nissan’s Leaf was once the global dominant force in the electric vehicle industry, and instrumental in relieving “range anxiety” for thousands of EV buyers, it’s no longer king of the plug-in hill, despite offering up to 364 in range when upgrading to its “Plus” trim line. Plenty of competitors now provide greater travel distances on a single charge, making them more practical for everyday use, especially now that advanced electrical and battery storage systems allow for quicker charging.

Tesla now leads EV sales by wide margins in the U.S. and Canada, while strong competitors from Chevrolet, Volkswagen, Hyundai and Kia promise to make Nissan’s life difficult, with the Leaf only placing fifth most popular amongst EVs in Canada last year, and sixth in the U.S.

2019 Nissan Ariya Concept
The updated Canton plant may build a production version of the 2019 Nissan Ariya Concept in 2025.

To remedy the problem, Nissan just announced a $500-million USD investment in its Canton, Mississippi plant, which will transform it from merely producing trucks, to soon producing electric vehicles by 2025. Nissan will retain and upskill 2,000 workers from the facility’s current roster of 5,000 employees, which will make Mississippi Nissan’s centre for electric vehicle manufacturing and technology.

“Today’s announcement is the first of several new investments that will drive the EV revolution in the United States,” stated Ashwani Gupta, chief operating officer for Nissan Motor Corporation, Ltd. “Nissan is making a strong investment in Canton’s future, bringing the latest technology, training and process to create a truly best-in-class EV manufacturing team.”

2019 Infiniti QX Inspiration Concept
Nissan mentioned the Infiniti name when referring to future models built at the upgraded facility, so it’s possible a production version of the 2019 Infiniti QX Inspiration Concept might make the grade.

While this is only a small portion of the $13.5 billion of overall investment Nissan has sunk into its U.S. manufacturing operations thus far (of which $4 billion has previously been invested in Canton alone), the automaker is projecting that 40 percent of new vehicle purchases will be for fully electric vehicles by the year 2030, making this investment critical for its future prospects.

Even more electrified models will be sold as hybrids and plug-in hybrid (PHEV) vehicles before that time, which is why the “Nissan Ambition 2030” project targets 23 electrified models within its namesake and Infiniti brands globally by 2030, of which 15 are slated to be fully electric.

2022 Nissan Frontier
Could a hybrid or electric version of the new Nissan Frontier be on the way?

The Canton assembly plant, created in 2003, currently builds four Nissan models including the Altima, Frontier, Titan and Titan XD. It has produced almost 5 million vehicles over 19 years, and according to a recent announcement, will have two all-new fully electric models in production in three years time.

The Leaf, which is produced in Smyrna, Tennessee (for U.S. consumption), won’t have its production transferred to the updated Mississippi facility, so therefore it’s likely the two new models will be a production version of the Nissan Ariya Concept, which debuted in 2019, and possibly something along the lines of the 2019 Infiniti QX Inspiration Concept. Both are mid-size crossover SUV prototypes, which would make for a good target market to attract the most possible buyers.

2014 Nissan Xterra
Who wouldn’t want to see a renewed Xterra with optional hybrid and electric drivetrains?

Also interesting is Nissan’s choice of combining electric vehicle and truck production under one roof. This could potentially lead to electrified 4×4-capable models, similar to what Toyota is doing with its new Tundra hybrid pickup, not to mention Ford with its new F-150 Lightning and Chevrolet with its fully electric Silverado. Likewise, GMC introduced a renewed Hummer sub-brand with a fully electric pickup and SUV, plus upstart Rivian has made waves with its new truck and utility models.

2021 Nissan NV Cargo Van
Nissan’s NV commercial van lineup might be dead for now, but a series of electric vans could resuscitate the project.

Hybrid and all-electric versions of the new Frontier also make sense, as would electrified trims of the Titan, if Nissan keeps that model on the road (it was recently discontinued in Canada). Future off-road-capable SUVs, which could be based on these pickups, could potentially go up against Toyota 4Runner’s and full-size Sequoia (the latter totally redesigned for 2023), while Nissan might want to consider basing a new Xterra on the back of its Frontier, a model that could go head-to-head with Jeep’s Wrangler and Ford’s new Bronco.

What’s more, electric commercial vans would be a possibility as well, despite Nissan having discontinued its full-size NV Cargo and NV Passenger vans, plus its NV200 compact van up last September. A fleet of commercial EVs could revitalize this segment for Nissan, while simultaneously expanding the automaker’s important fleet customer base for its “Seamless Autonomous Mobility (SAM)” driving technologies.

Story credit: Trevor Hofmann

Photo credits: Nissan and Infiniti

CarCostCanada

Tesla Model 3 EV almost triples BMW 3 deliveries last year

2022 Tesla Model 3
The Tesla Model 3 led all other D-segment luxury cars in sales last year, including BMW’s 3 Series.

It’s no secret that cars have been steadily losing market share to crossover SUVs, both in the mainstream volume sector and amongst premium brands. BMW, for instance, sold less than half of its D-segment 3 and 4 Series models last year than it did in 2010, while Mercedes’ C-Class sales were down by two-thirds over the same decade. Bucking the trend is Tesla’s Model 3, which benefited from 12,800 deliveries in Canada in 2021, compared to just 4,348 for the 3 Series and 3,010 of the C-Class.

Tesla’s Model 3 outsold all other D-segment competitors in the U.S. market too, last year, thanks to 121,610 unit-sales compared to 49,461 BMW 3 Series deliveries (72,398 including the 4 Series) and 30,815 C-Class sales (which comes in three body styles).

2022 Tesla Model 3
The Model 3 is proving that EVs can be dominant in a given market segment.

The Model 3 also swept the D segments of 28 European countries throughout 2021, due to 141,429 total deliveries, selling more units across the Atlantic and in Canadian and the U.S. combined (as per JATO Dynamics). By comparison, the once-dominant 3 Series only managed to deliver 116,250 units in Europe during the same 12 months.

Back in Canada, the Model 3’s crossover sibling, dubbed Model Y, wasn’t able to top the compact luxury SUV charts. Still, with 6,400 examples down Canadian roads it managed a solid sixth-place ranking in a market segment filled with 20 competitors. Ahead of the Model Y was Audi’s Q5 in first place with 9,968 unit-sales, while Acura’s RDX was second with 7,976 deliveries. In third place was BMW’s X3 finding 7,506 new buyers, while Lexus’ NX was fourth with 7,283 units, and in fifth was Mercedes-Benz’ GLC-Class thanks to 6,887 new owners.

2022 Tesla Model Y
Tesla’s Model Y isn’t on top of the sales charts in Canada, but it is in the U.S., so allocation problems are the likely culprit.

South of the 49th, sales results and rankings took a major swing in the Model Y’s favour, however, with 161,529 unit-sales compared to just 86,478 combined BMW X3 and X4 deliveries (with 75,858 for the X3 and 10,620 for the X4). Considering that Canada often replicates what American does in this market segment, although at around 10 percent of the volume, it’s highly probable that Tesla’s compact SUV will place higher when supply is able to meet demand. Of course, we’ll need to see Tesla Canada’s quarterly numbers (which should arrive in early April) before knowing if the Texas-based automaker has managed to allocate enough Model Y units to our market. Then again, even if the Model Y isn’t in the number one position after Q1 ends, it will likely achieve this feat before the year is over.

2022 Tesla Model 3
Tesla is a leader in technology too.

Of note, Tesla currently has Model 3 and Model Y factory leasing and financing rates at just zero percent, so make sure to check out the 2022 Tesla Model 3 Canada Prices page and 2022 Tesla Model Y Canada Prices page to learn about details. You can also configure your Model 3, Model Y, Model S or Model X within the CarCostCanada site or by downloading our free app at the Google Play Store or Apple Store.

Take note that BMW is pushing back against the Model 3 with its new 4 Series-based i4 this year, while it’s also going after Tesla’s Model X mid-size crossover SUV with its similarly sized iX. Worthy of mentioning too, Audi sells a mid-size crossover EV dubbed E-tron.

Model 3 at Tesla winter proving grounds (0:15):

Snow laps in a Model 3 (0:15):

Model 3 Surprise (1:53):

Model 3 Guide | Navigate on Autopilot (1:16):

Model 3 Guide | Gear Selection (0:42):

Model 3 Guide | Mobile App (0:33):

Model 3 Guide | Phone Key (0:24):

Model 3 Guide | Key Card (0:25):

Model 3 Guide | Enhanced AutoPilot (0:49):

Model 3 Guide | AutoPark (0:45):

Model 3 Guide | Charging (0:38):

Model 3 Guide | Charging Adapters (0:35):

Model 3 Guide | Front Trunk (0:28):

First Model 3 Handovers (14:45):

Tesla Unveils Model 3 (22:43):

Story credit: Trevor Hofmann

Photo credits: Tesla

CarCostCanada

BMW i4 and iX add options to Canada’s luxury EV lineup

2022 BMW i4
The new 2022 BMW i4 promises to do clear battle with the Tesla Model 3.

With an expectation of 40 percent of North American new car buyers moving to full-electric mobility by 2030, BMW is setting out on a path to electrify 25 global models, half of which will be fully electric. Not all will be heading across the Atlantic, or the Pacific with respect to the Chinese-made iX3 crossover SUV that won’t yet be sold in North American markets, but we can expect to receive our fair share.

For starters, Canadians will be the recipients of BMW’s new 2022 i4 sport sedan and iX crossover SUV later this year. The former joins the German automaker’s D-segment 4 Series family, while the latter is positioned alongside the popular X5 mid-size crossover SUV, so therefore they target the popular Tesla Model 3 and Model X respectively. The two electric models share underpinnings too, thanks to BMW’s versatile Cluster Architecture (CLAR) platform that also supports everything from their tiny 2 Series subcompact models to their executive-class 7, X7 and 8 Series models.

2022 BMW i4
The i4 has style on its side, particularly from its rear end design.

The i4 shares its body style with the 4 Series Gran Coupe four-door liftback. It starts at $54,990 (sans incentives, freight, and fees), and will be available in two trims, including the eDrive40 and M50 xDrive. The less eDrive40 version features a single rear-wheel drive (RWD) electric motor capable of 335 hp, while the $72,990 M50 gets both front and rear motors for an all-wheel drivetrain (AWD) capable of 516 hp. Both i4 trims utilize BMW’s 83.9-kWh battery.

BMW promises range of 340 km on a single full charge with the i4 eDrive40, not to mention a 5.7-second sprint time from standstill to 100 km/h, whereas the M50 xDrive can sprint from zero to 100 km/h in only 3.9 seconds and has the battery life to drive up to 510 km after a full charge. This means the i4 comes close to matching the aforementioned Tesla Model 3’s best-possible 576 km range.

2022 BMW iX
BMW will offer one iX trim for 2022, and another two for 2023.

Notably, the near identically sized, yet more conservatively styled BMW 3 Series line continues to offer its 330e plug-in hybrid (PHEV) trim for 2022, which is a less expensive hybrid alternative Tesla doesn’t provide.

Similarly, BMW offers the X3 xDrive30e PHEV to Canadian buyers, but as noted at the onset of this article, the more advanced iX3 EV won’t testing the resolve of Tesla’s Model Y in Canada, at least not yet. This said, BMW follows up its compact X3 hybrid with a plug-in hybrid version of its larger mid-size X5, dubbed xDrive45e PHEV.

2022 BMW iX
Not everyone will fall in love with the iX’ styling, but it looks to be very practical and nicely equipped.

The mid-size iX, on the other hand, is a full-electric that provides two-row, mid-size roominess for up to five passengers and plenty of cargo. BMW Canada will make three iX trims available, named xDrive40, xDrive50 and M60, with all incorporating standard front and rear motors for AWD.

To clarify, the xDrive50 is the only iX trim available for 2022, which means both xDrive40 and M60 models will be arriving later this year as 2023 models. The iX xDrive40, which will start at just $79,990 (plus freight and fees), puts out 322 hp, can hit 100 km/h from standstill in just 6.1 seconds, and has 340 km of range, should be very popular, although Canadians tend to buy more fully equipped models, so the 2022 xDrive50, which starts at $89,990, should be a hit due to 516 hp, a sprint time of 4.6 seconds to 100 km/h, and 521 km of range on a single charge. Finally, the top-tier M60 can be had from $121,750, features 610-hp for a 100-km/h dash of just 3.8 seconds, plus the ability to drive for up to 450 km on a single charge.

2022 BMW iX
Both i4 and iX (shown) interiors promise high levels of luxury.

Additionally, unlike most electronic devices (including many EVs), BMW’s new battery electric vehicles won’t suffer from much battery degradation. This means its models’ various claimed range estimates should stand up over time. BMW claims, in fact, that its i4 and iX batteries will last the life of each vehicle, or specifically up to 1,500 full charge cycles, which is the equivalent of 500,000 km.

2022 BMW iX
BMW X5 owners should find the 2022 iX xDrive50 a good BEV alternative.

We have full pricing and trim information for the 2022 i4 plus 2022 and 2023 iX here on CarCostCanada, as well as the ability to configure each model’s options. Additionally, CarCostCanada members regularly receive information about manufacturer rebates, factory financing, and lease rate deals. Both the i4 and iX are currently being offered with in-house financing/lease rates from 4.49 percent, while members also receive dealer invoice pricing that can be critical when negotiating your best deal. Learn how the CarCostCanada system works, and make sure to download our free app from the Apple Store or Google Play Store too.

2022 BMW i4 M50
The M50 adds BMW M performance and style to the i4 package.

Money in mind, all BMW i4 trims are eligible for provincial zero-emission incentives in BC, Quebec, Nova Scotia, Yukon and the Northwest Territories, while the base i4 eDrive40 also qualifies for the national iZEV rebate program.

Expect to see the new i4 and iX on Canadian roads soon, as it will start arriving at BMW Canada dealers in March.

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The Power of Action: Meet The First-Ever BMW iX & BMW i4 | BMW USA (0:15):

The Power of Action: Meet The First-Ever BMW iX & BMW i4 | BMW USA (0:30):

[ SPACE ] by BMW: BMW iX & i4 | BMW USA (1:12):

Introducing the BMW i4 M50: The All-Electric BMW M | BMW USA (2:54):

The First-Ever BMW i4 | The All-Electric Car | BMW USA (0:44):

The BMW Concept i4: New Electric Car | BMW USA (2:01):

The 2022 BMW i4 Models: BMW Review & Walk-Around | BMW USA (2:07):

The Electric Mood of the 2022 BMW iX | BMW USA (3:35):

Creating the BMW iX: Behind the Scenes, Episode 1 | BMW USA (2:11):

Creating the BMW iX: Behind the Scenes, Episode 2 | BMW USA (2:11):

Creating the BMW iX: Behind the Scenes, Episode 3 | BMW USA (2:25):

The All-Electric SAV: 2022 BMW iX Walk Around & Review | BMW USA (2:22):

Pioneer of a New Age: The Panoramic Eclipse Roof: The 2022 BMW iX | BMW USA (0:54):

Story credit: Trevor Hofmann

Photo credits: BMW

CarCostCanada

New 2022 Kia EV6 targets Canada’s $45k electric sweet spot

2022 Kia EV6
2022 Kia EV6 adds size, sophistication and plenty of style to Canada’s electric vehicle mix.

Four new mainstream volume-branded electrics hit the market last year, including the Chevrolet Bolt EUV, Hyundai Ioniq5, Mazda MX-30, and Volkswagen ID.4, and all start under sub-$45,000 sweet spot. It comes as no surprise, therefore, that Kia’s new 2022 EV6 will do the same, entering the Canadian market at $44,995.

Of course, offering a base trim under $45k allows Canada’s national iZEV rebate to kick in, as well as various provincial rebates, and that can add up to a significant amount. Consumers in BC can save up to $8,000, for instance, while the national rebate can add up to $5,000 more. That brings the price down to $32k (plus freight and fees), and therefore well within most buyers’ budgets.

2022 Kia EV6
Strong performance and competitive range estimates come standard.

Of course, the Nissan Leaf, regular Bolt and new Bolt EUV can be had for even less, as can the Mini Cooper SE, Hyundai Ioniq and Kona electrics, and Kia’s own Niro and Soul electrics, but the EV6 adds size, sophistication and plenty of style to the mix, not to mention performance and range, arguably making it worth the extra coin.

The EV6, which shares underpinnings with Hyundai’s Ioniq5 and Genesis upcoming GV60, mostly mirrors the former model’s pricing structure from beginning to end. The aforementioned base model comes with Standard Range power and a single-motor RWD layout. A Long Range RWD version increases the price to $52,995, while adding a second motor for AWD pushes the price up to $54,995. Additionally, the Long Range AWD model can be had with a GT-Line Package 1 for 57,995, and right at the top of the line is a Long Range AWD with GT-Line Package 2 for $61,995.

2022 Kia EV6
The EV6′ interior looks upscale and filled with tech.

To be more specific, the base EV6 with RWD incorporates a 58.0 kWh battery with a 125kW rear motor that makes it capable of up to 373 km of range. The Long Range RWD trim increases the battery size to 77.4 kWh and the rear motor to 168kW for up to 499 km of range, while the two AWD power units utilize the same 77.4 kWh battery as the just-noted trim, but the first version gets a 74kW front motor and a 165kW rear motor for up to 441 km of range, while the most formidable combination combines a 160kW front motor with a 270kW rear motor for up to 499 kms of range.

2022 Kia EV6
Rear seat roominess appears plentiful.

Trims in mind, the new EV6’ gets a 12.3-inch standard centre display, while Canadian buyers are also treated to a standard heat pump system for maintaining range during cold conditions.

All of the expected advanced driver assistance and convenience features are on the menu as well, including forward collision avoidance assist, blind spot avoidance assist, automated parking assistance, driver attention warning, intelligent speed limit assist, highway driving assist, navigation-based smart cruise control-curve, and high beam assist.

2022 Kia EV6
Cargo capacity looks generous.

Additionally, the new EV6 incorporates ultra-fast DC charging at 800V and 400V, without the need for a separate controller. This allows the battery to be recharged to 80 percent in only 18 minutes.

What’s more, the EV6 can be upgraded with a Vehicle to Load (V2L) option, which transforms the new crossover into a direct power source for just about anything. This means you can plug in your personal electronics, appliances for camping, tools for working, and more. You can even recharge another electric vehicle.

The new 2022 Kia EV6 will arrive at Kia Canada dealerships next month.

Robo Dog | The All-Electric Kia EV6 (1:10):

The Kia 2022 Inspiration Journey | Kia EV6 (1:41):

The Kia EV6 used to break the world record (1:47):

18-Minute Charge Time | The Kia EV6 (0:15):

Up to 300 Mile Range | The Kia EV6 (0:15):

All-New Electric Kia EV6 GT-Line AWD Race Inspired | 2022 Kia EV6 (0:30):

All-new Electric Kia EV6 GT-Line AWD Jet | 2022 Kia EV6 (0:30):

Story credit: Trevor Hofmann

Photo credits: Kia

CarCostCanada

Toyota redesigns Sequoia SUV with powerful hybrid drivetrain

2023 Toyota Sequoia Capstone
Toyota has completely redesigned its full-size Sequoia, shown here in new top-tier Capstone trim.

Toyota just revealed its totally redesigned third-generation Sequoia, which will go on sale this summer as a 2023 model.

The new Sequoia is once again based on the Tundra pickup truck, a vehicle that was all-new last year for this 2022 model year. The 2023 Sequoia shares some styling elements with its more utility-oriented partner, but is for the most part its own design.

To be specific, the new Sequoia’s grille isn’t as bold, and arguably better for it. It shares more cues with the highly popular Tacoma, plus the RAV4, and doesn’t visually stray too far away from the Highlander and new Corolla Cross either. No doubt the new Sequoia’s look hints at the upcoming 4Runner, an SUV we should also see in updated form this year.

2023 Toyota Sequoia Limited
The new Sequoia can tow up to 9,000 lbs.

All in all, the new Sequoia looks tough and rugged, yet refined enough for both dad and mom. Flowing rearward from the big, bold grille is a hood that domes powerfully at centre, and further features heavy-duty, matte plastic, louvre-like garnishes on its rear corner edges when upgraded with “TRD PRO” trim. In fact, the latter trim makes itself known on the sides of those garnishes, in place of smaller, chromed “i FORCE MAX” signage in the same spot for other trims. Visually separating the new Capstone trim line are chrome embellishments on the doors above the rocker panels. Those sides are now more deeply sculpted than before, while the Sequoia’s rear styling certainly won’t offend traditional SUV buyer’s tastes.

2023 Toyota Sequoia TRD Pro
Most should be pleased with the new Sequoia’s styling, not to mention its 4×4 prowess.

A total of five trims will be available upon launch, including TRD Off-Road, Limited, Platinum, TRD Pro and Capstone, the latter introduced with the latest Tundra. Capstone represents an even more luxurious level above Platinum, boasting a unique black and white motif inside, much of which is covered with high-quality semi-aniline leather, while Toyota has improved soundproofing as well.

Incidentally, the i-Force Max engine, which is available as an option in the new Tundra, comes standard with the Sequoia. What’s more, it isn’t a V8, but a 3.5-litre hybrid V6 capable of a whopping 437 horsepower and 583 lb-ft of torque. It feeds all that muscle down to a four-wheel drive system through a 10-speed automatic gearbox that comes fitted with Eco, Normal and Sport driving modes.

2023 Toyota Sequoia Limited
The Sequoia’s rear design is simple, clean and inoffensive.

The hybrid component is a generator motor positioned between the internal combustion portion of the drivetrain and the transmission. This is a well-tested solution, so we can expect Toyota’s legendary hybrid reliability and longevity included with this powertrain’s improved fuel economy.

Being that all Sequoia trims will get the same engine, performance differences come down to the suspension. Some will be optimized for handling and comfort, while others will prioritize off-road capability, but all should provide ample handling chops and overall stability to keep all that engine power in check on when the road starts to wind.

2023 Toyota Sequoia TRD Pro
Each trim level gets its own design details.

To achieve the new Sequoia’s manoeuvrability, the already improved Tundra chassis design received fine tuning, particularly to the independent front suspension setup and rack-mounted electronic power steering system, that latter reportedly enhancing feel. A multi-link rear suspension has also been added, improved over the previous Sequoia’s, while buyers can also add an adaptive variable suspension to the mix, which includes Comfort, Sport S, Sport S+ and Custom settings to the Drive Mode Select system’s menu. A height-adjustable air suspension with load levelling is optional too, this feature particularly helpful when loading and unloading.

2023 Toyota Sequoia Capstone
The new standard 3.5-litre hybrid V6 makes towing easier thanks to 437 hp and 583 lb-ft of torque.

Hauling in mind, the new Sequoia is now capable of towing up to 9,000 lbs (4,080 kg) of trailer, which is nearly 22-percent more weight than today’s version. Backing this up (literally) is a Tow Tech Package that was first offered with the new Tundra, featuring a Trailer Backup Guide and Straight Path Assist, the latter automatically using the steering system to keep the trailer straight when reversing. The power mirrors also include powered extensions for seeing around the sides of wider loads.

Standard Sequoia features include a heated steering wheel and front seats, Toyota’s breathable Softex leatherette upholstery, a large panoramic sunroof, 18-inch wheels, and the TSS 2.5 suite of safety features.

2023 Toyota Sequoia TRD Pro
Upper trims, like this TRD Pro, feature a large 14-inch centre touchscreen.

A 14-inch centre touchscreen is available, improving the Sequoia’s digital experience with features like a Panoramic View Monitor to ease parking, while a digital display rear view mirror is available as well, as is a colourful digital driver’s display.

The new 2023 Sequoia’s interior is laid out much like the outgoing model. It comes standard with three rows including a middle bench, with second-row captain’s chairs being optional. New is a third row that not only reclines, but slides back and forth up to 150 mm (6.0 in), while a handy adjustable hard-shell parcel shelf improves cargo area flexibility. It can be expanded to cover the rear seatbacks when folded, resulting in a completely flat loading floor. The shelf can be fitted back into the floor for carrying taller cargo, or alternatively it acts as a cargo cover when raised higher.

2023 Toyota Sequoia Capstone
A large panoramic sunroof comes standard.

As far as sales go, Toyota is likely looking to loyal 4Runner, Highlander, and of course Sequoia owners as buyers for the new SUV, plus ex-Land Cruiser owners in the U.S. News about the new model will definitely cause some buzz here in Canada, but Sequoia sales have been so few and far between that it may take some time to raise awareness.

Toyota Canada sold 418 Sequoias last year, which was less than half of its all-time Canadian high of 912 unit-sales in 2010. Comparison to General Motors’ Chevrolet Tahoe/Suburban and GMC Yukon success hardly seems relevant at this point, with the two brands’ collective deliveries totalling 15,307 units, or roughly 36.5 times as many full-size SUVs than Toyota. On a more positive note (to Toyota), that’s a lot of market share for the Japanese brand to nibble away at, and this new Sequoia should make a significant dent.

2023 Toyota Sequoia Limited
An adjustable cargo shelf provides a flat loading floor.

Something domestic SUV shoppers should consider is retained value, which was highest for the Sequoia in the Canadian Black Book’s “Full-size Crossover-SUV” category, while Toyota’s largest SUV also owned the top “Large SUV/Crossover” spot with Vincentric’s Best Value in Canada Awards. Additionally, the Sequoia earned a best-possible position in J.D. Power and Associate’s 2021 Initial Quality Study.

We should expect to see more Sequoias on the road starting this summer.

2023 Toyota Sequoia Overview | Toyota (7:07):

2023 Toyota Sequoia | Undeniable Capability, Unmistakable Presence | Toyota (2:17):

Story credit: Trevor Hofmann

Photo credits: Toyota