Canada gets ranked the cheapest country to buy a supercar   (2024)

There’s good news for aspiring supercar owners in Canada. According to new data, our country has some of the most affordable prices in the whole world.

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At least, Canada has the lowest MSRP on a new Porsche 911 Turbo S of all of the 50 countries analyzed by insurance comparison site Compare the Market’s research.

The Global Supercar Index ranks the cost of supercars around the world by stacking up the relative MSRP of a brand-new Porsche 911 Turbo S, one of the most popular supercars available, in 50 select countries.

According to the findings, Canada has the lowest entry price for the coupe, at $231,700 (US$173,613) or 81 per cent cheaper than the global average. This fact may or may not make you feel better about your financial ability to own one of these cars — cheapest country or not, most of us can’t afford to drop $200,000-plus on a car.

And even relatively fewer Mexicans will be able to get in on the supercar action in their country. The price of the new Porsche in Mexico, the second most affordable country to purchase a supercar in the world, is US$177,711.

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Travel north and across the border into the United States, the sixth most affordable country, however, and that price jumps up to US$203,500.

Surprisingly, the U.K. lands in the third spot on the list at just under US$200,000, bested in supercar-ownership affordability only by Mexico and Canada. But keep in mind that only 50 countries were included in the study.

If that US$200,000 seems like a disqualifying figure, consider the cost of that same Porsche in Argentina, the most expensive nation on the list. The cost of the 911 Turbo S there is US$696,000 (a fitting $911,000 in our dollars), a full US$522,387 more than in Canada.

The Porsche also seems to gain a lot of value as it travels to parts of Asia. In Singapore, the second most expensive country on the list, the car costs US$669,237, while in next-most-pricey Vietnam and Thailand, it fetches US$666,267 and US$663,575 respectively.

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The Index doesn’t go into the reasons behind the price discrepancy, but suffice it to say that taxes, environmental policies, and global and national politics all come into play.

So, if you’ve been debating someone (maybe a life partner, maybe a financial advisor) about whether or not to pony up for a supercar here in Canada, this ranking might help convince them. If you live in Argentina, you may want to seek justification elsewhere.

Check out the full ranking here.

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