The Cheapest New Car in North America is Now a Chevy
With a starting price of $9,995 excluding freight, the 2016 Chevrolet Spark is Canada’s cheapest car.
When converted into USD at the current rates, the Spark would sell for just about $6954.01. But in the U.S., the car actually sells for a base price of $13,535.
Completely redesigned for the 2016 model year, the new Spark comes standard with 10 airbags and a backup camera while its powered by a fuel-efficient 1.4-liter four-cylinder engine with 98 horsepower. Despite its low price, the Spark also comes standard with a seven-inch MyLink touchscreen infotainment system that gives owners a simple and smart way to access Android Auto and Apple CarPlay in their vehicle. OnStar with 4G LTE is also standard on the compact.
SEE ALSO: Chevrolet Sparks Up its Newest City Car
Compared to its predecessor, the 2016 Chevrolet Spark rides on a brand new architecture that has a slightly longer wheelbase than the outgoing model. Overall it is however 1.6 inches shorter, a change that helps improve aerodynamics and fuel economy.
Chevrolet said that 35 percent of Spark buyers are first-time new vehicle buyers while 45 percent are new to the Chevrolet brand in Canada.
Discuss this story on our Chevrolet Spark Forum
Jason Siu began his career in automotive journalism in 2003 with Modified Magazine, a property previously held by VerticalScope. As the West Coast Editor, he played a pivotal role while also extending his expertise to Modified Luxury & Exotics and Modified Mustangs. Beyond his editorial work, Jason authored two notable Cartech books. His tenure at AutoGuide.com saw him immersed in the daily news cycle, yet his passion for hands-on evaluation led him to focus on testing and product reviews, offering well-rounded recommendations to AutoGuide readers. Currently, as the Content Director for VerticalScope, Jason spearheads the content strategy for an array of online publications, a role that has him at the helm of ensuring quality and consistency across the board.
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Don't be mislead by the story. This price differential is only due to the plummeting Canadian dollar. The price here hasn't gotten substantially cheaper. It was never THAT cheap a car. The only reason it looks cheap in USD is that the Saudi imposed oil glut is killing the Canada/US dollar exchange because essentially we in Canada are a Petro-state. Living and dying on the price of oil. Canada, like the US, has long lost its manufacturing base to China and Mexico. We don't have as much manufacturing to fall back on anymore
I suspect some of the reasoning may be due to the $9,998cdn Nissan Micra. The US doesn't get the Micra but Canada does, and I suspect GM has the same thinking as Nissan in that they think if they can get young new car buyers into their entry-level car they can keep many of them within the brand for their lifetime, even if the profit margin is razor thin (or nonexistent) on the initial purchase.