10 New Vehicles That Cost Way More Than 5 Years Ago

Published on July 16, 2021 in Top 10 by The Car Guide

The high prices you see on today’s cars and trucks are not just the result of the pandemic and the consequences it had on the auto industry and market. It’s a trend that started way earlier than that.

Want some examples? We looked at the new models on sale in Canada right now and compared their prices with five years ago. Then we highlighted 10 with some of the biggest hikes during that span. Note: All the prices listed here are base MSRPs and do not include any other charges.

Honda Civic
2017 (Sedan): $16,490 / 2022: $24,465
An increase of 48.3 percent

Ram 1500
2016: $31,095 / 2021: $45,915
An increase of 47.7 percent

Ford Explorer
2016: $33,999 / 2021: $45,669
An increase of 34.3 percent

Jeep Wrangler
2016: $27,695 / 2021: $36,695
An increase of 32.5 percent

Toyota Tacoma
2016: $28,345 / 2021: $38,350
An increase of 35.6 percent

Chrysler Grand Caravan
2016 (Dodge): $29,495 / 2021: $37,995
An increase of 28.8 percent

Mazda CX-5
2016: $22,995 / 2021: $28,950
An increase of 25.9 percent

Acura TLX
2016: $35,490 / 2021: $44,105
An increase of 24.3 percent

Kia K5
2016 (Optima): $23,695 / 2021: $29,595
An increase of 24.9 percent

Mitsubishi Outlander
2017: $26,698 / 2022: $31,998
An increase of 19.6 percent