Under $20,000 buys a genuinely late-model vehicle in Toronto: lower kilometres, remaining factory warranty on some units, all-wheel drive on plenty of them, and the full set of driver assistance features. Here is what we currently have on the lot in that range.
Also searched as used cars under $20k Toronto, cheap used cars under $20k in the GTA and used cars under $20,000 in toronto with financing.
Live inventory, lowest price first, including AWD SUVs suited to Ontario winters.
Yes, we submit applications to a panel of Canadian lenders that includes options for newcomers, work permit holders and drivers rebuilding credit. Pre-qualification takes about two minutes and does not affect your credit score. It is not an approval: the lender decides the rate, term and final amount.
Every vehicle we sell is safety inspected before delivery and its history report is available before you sign, regardless of price. A lower price on our lot reflects age and mileage, not a lower standard of preparation.
A sedan at $20,000 will be newer with fewer kilometres than an SUV at the same money. If you regularly carry passengers, gear or drive outside the city in winter, the SUV is worth the trade-off; otherwise the sedan is the better value.
Most pre-qualifications get a response the same business day. Final lender approval depends on the documents you provide, usually identification, licence and proof of income.
Full used car inventory in Toronto · Check financing options · Used cars under $10,000 in Toronto · Used cars under $15,000 in Toronto · Used SUVs under $25,000 in Toronto