Ontario · rate update

What changed in Ontario

Oct 26, 2026 update · compared with rates checked Oct 19

32 new trims. Finance or lease rate changes affected 2 trims.

The 2027 Ram 1500 arrives in 14 trims, joined by new Kia K4 and Sorento HEV models

It was a quiet week for car shoppers in Ontario. Across the 831 trims we compared with last week, no existing finance rate, lease rate, price or incentive changed. Most of this week's changes were new trims added to manufacturer lineups, along with new financing and lease terms on the 2026 Mitsubishi RVR.

Ram added the 2027 Ram 1500 in 14 trims: Tradesman, Express, Black Express, Warlock, Big Horn, BackCountry, Sport, Rebel, Laramie, Limited, Longhorn, Tungsten, RHO and TRX SRT.

Kia added three 2027 models. The 2027 K4 and K4 Hatchback each come in six trims: LX, EX, EX+, EX Premium, GT-Line Turbo and GT-Line Turbo Limited. The 2027 Sorento HEV is listed in LX, EX and SX trims.

Subaru added the 2027 BRZ Kagayaki Edition.

Mitsubishi added the 2027 Eclipse Sportback in EV and EV Tech Pkg trims. On the 2026 RVR, the GT AWC now lists 2.99% financing over 72 months and a 3.49% lease over 60 months at 16,000, 20,000 and 24,000 km, while the NOIR AWC lists 3.99% financing over 96 months.

Looking ahead: current offers from Toyota, Lexus, Kia, Honda and Acura run until November 2, so expect new rates from those brands in early November.

Every change since the last update

Finance and lease terms added or removed

ModelTermsTrims
Mitsubishi · 2026 RVR72-mo finance now offered at 2.99%GT AWC
Mitsubishi · 2026 RVR96-mo finance now offered at 3.99%NOIR AWC
Mitsubishi · 2026 RVR60-mo lease now offered at 3.49%GT AWC

New trims

ModelTrims
Kia · 2027 K4EX Premium, EX+, EX, GT-Line Turbo Limited, GT-Line Turbo, LX
Kia · 2027 K4 HatchbackEX Premium, EX+, EX, GT-Line Turbo Limited, GT-Line Turbo, LX
Kia · 2027 Sorento HybridEX, LX, SX
Mitsubishi · 2027 Eclipse SportbackEV Tech Pkg, EV
Ram · 2027 1500BackCountry®, Big Horn®, Black Express, Express, Laramie®, Limited, LonghornTM, RHO, Rebel®, Sport, TRX SRT®, Tradesman®, Tungsten, Warlock
Subaru · 2027 BRZ輝 Kagayaki Edition

Offers ending Nov 2, 2026

BrandOffersEnding
Acura3 trimsNov 2
Honda13 trimsNov 2
Kia119 trimsNov 2
Lexus119 trimsNov 2
Toyota201 trimsNov 2

Based on each manufacturer's published Ontario rates as checked by DriveMyBudget. Lowest rate per term shown.