Did you know that you probably spend as much at the pumps each year, as you do on your auto insurance? Depending on the type of car you drive, and how often, you’re likely spending one to two thousand dollars a year on fuel. It’s not an insignificant cost, which is why many drivers look to buy a vehicle that sips gas, rather than guzzling it.
Each year, Natural Resources Canada (NRC) recognizes the most fuel-efficient vehicles sold in Canada by class. And, because we here at InsuranceHotline.com like to help you save money, we’ve listed them along with what you can expect to spend on fuel, according to the NRC’s Fuel Consumption Ratings Tool.
2018’s most fuel-efficient vehicles: conventional
According to NRC, conventional vehicles, including hybrids, typically use a gasoline or diesel internal combustion engine exclusively as the source of energy for motive power. Although conventional hybrids use both an internal combustion engine and an electric motor, the battery is charged from the engine during driving; they cannot be plugged-in. The NRC’s picks for most fuel-efficient conventional vehicles are:
|Type of vehicle||Most fuel-efficient in class||Estimated Annual Fuel Cost|
|Two-seater||FIAT 124 Spider||$1,548|
|Minicompact||MINI Cooper Convertible||$1,687|
|Compact||Toyota Prius c||$1,000|
|Full-size||Hyundai IONIQ Blue||$804|
|Small station wagon||Kia Niro FE||$921|
|Mid-size station wagon||Toyoto Prius v||$1,137|
|Small pickup||Chevrolet Colorado
|Standard pickup||Ford F-150||$2,078|
|Small SUV||Toyota RAV4 Hybrid AWD||$1,431|
|Standard SUV||Lexus RX 450h AWD||$1,801|
|Minivan||Chrysler Pacifica (Stop-Start)
Honda Odyssey Touring
2018’s most fuel-efficient vehicles: electric
Electric vehicles, as described by NRC, are the most energy-efficient and lowest emission choices available today. There are two types of electric vehicles on the market—plug-in hybrid electric vehicles (PHEVs) and battery-electric vehicles (BEVs). PHEVs and BEVs use electricity from a battery that is charged using an external electricity source. The NRC’s picks for most fuel-efficient electric vehicles are:
|Type of vehicle||Most fuel-efficient in class||Estimated Annual Cost to Run|
|Two-seater||smart fortwo electric drive coupe||$502|
|Subcompact||BMW i3/i3s REx||$617|
|Compact||Ford Focus Electric||$510|
|Mid-size||Hyundai IONIQ EV||$403|
|Full-size||Tesla Model S 75D||$528|
|Small station wagon||Chevrolet Bolt EV||$458|
|Small SUV||Mitsubishi Outlander PHEV AWD||$1,278|
|Standard SUV||Tesla Model X 75D||$585|
|Minivan||Chrysler Pacifica Hybrid||$945|
Buying a car this year? Compare auto insurance quotes to save.
While fuel efficiency and budgeting for the costs of running your new car is a good idea, don’t overlook the cost of auto insurance. If you’re in the market to buy one of Canada’s most fuel-efficient vehicles, compare the car insurance market as well to see which car will save you the most in auto insurance. It takes only a few minutes, and could save you hundreds of dollars on your auto insurance.