Top SUVs Prices are Falling in Canada due to Inventory Unsold

Now is the best time to buy SUVs at an affordable price. This is because SUV and crossover prices are dropping because dealers are finding themselves with too many unsold cars sitting on their lots. Due to market demand shifts and overproduction of SUVs, many dealers are left with excess inventory.

If you’ve always wanted an SUV but found it unaffordable, consider acting quickly now to score your dream vehicle at an affordable price. Let’s take a look at what you need to know about SUVs and luxury crossovers, why their prices have dropped and how you can land yourself a good deal.

1. The Hyundai Venue. HYUNDAI – $17,350
The 2020 Hyundai HYMTF, Venue is an all-new SUV — and it just happens to be the cheapest SUV you can buy this year. Don’t let that low price fool you though — the Venue is equipped with impressive standard safety features, good fuel economy and standard Apple AAPL, +1.77% CarPlay and Android Auto, even on the base model.

2. The Kia Soul KIA – $17,490
The fully-redesigned 2020 Kia Soul is a boxy hatchback with a great price and a more premium aesthetic than it’s ever had before. We especially like the Soul’s roomy interior, impressive fuel economy and tons of optional tech features.

3. The Nissan Kicks NISSAN – $18,870
The 2020 Nissan Kicks is all about value with excellent fuel economy and tons of equipment at a low price. A fun commuter SUV for folks in tight urban environments, the Nissan NSANY, -1.11% Kicks has a surprisingly large cargo area for a car its size.

4. The Ford EcoSport FORD – $19,995
The 2020 Ford F, -1.12% EcoSport ranks among the least expensive crossovers on the market today. The diminutive EcoSport is easy to park and offers Fiesta-derived nimble handling and available all-wheel drive.

5. The Hyundai Kona HYUNDAI – $20,030
The 2020 Hyundai Kona offers buyers a compact SUV that maximizes space and looks good doing it. When you add in optional all-wheel drive, Hyundai’s powertrain warranty and some unexpected creature comforts (for this price point), the Kona becomes a very appealing SUV choice.