Used Cars
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Used car prices are dropping slightly in Canada, but remain highData shows used car prices are up from last year but slowly declining month to month. Still, consumers may not be eager to make a purchase because of affordability concerns.ConsumerNov 6, 2025
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Is now the time to buy or sell a used car? As new sales dip, what to knowThis was the first time since February that Canada saw sales at new car dealerships decline, Statistics Canada said, as new car sales dropped 4.6 per cent in May.CanadaJul 25, 2025
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Looking for a used car? Why supply is drying up, and what it’s doing to pricesExperts say used car inventory has started to decline in the last couple of months as fewer off-lease vehicles return to the market — signalling a potential supply crunch.MoneyOct 24, 2024
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Prices are starting to fall at car dealerships. Is it time to buy?Sticker prices at dealerships have started to come down and affordability is improving, experts say. But some are still advising buyers to pause.ConsumerJul 8, 2024
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Looking to buy a car? Expect to pay more and spend months, even years waitingFrom tight supply to high prices, some would-be vehicle buyers in Canada are growing increasingly frustrated. A look at why finding a new vehicle in Canada seems so difficult.ConsumerAug 4, 2023
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Used car market booms due to new vehicle supply issuesBacklogs and pandemic-related supply chain issues for new vehicles are fueling the used car market in Thompson, Man.CanadaJul 26, 2023
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Popularity of custom licence plates on the rise in SaskatchewanAccording to SGI, there are currently 51,773 registered custom licence plates in the province, accounting for roughly five per cent of all registered plates in Saskatchewan.CanadaMar 5, 2023
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Planning to buy a car in 2023? Expectations will have to ‘change’, experts cautionIndustry experts say the Canadian auto market will continue to be inflated for most of 2023 before things ease up a bit for consumers.CanadaDec 28, 2022
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‘Unprecedented’ global chip shortage pushing electric vehicle delays into yearsDelays for new electric and hybrid cars are stretching from months into years as a global semiconductor shortage persists, limiting stock at dealerships.ConsumerNov 7, 2022
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Busy gas stations, car dealers pushed retail sales up in June: Statistics CanadaCanada's retail sales were up in June thanks to higher prices at gasoline stations and more business at car dealerships, Statistics Canada said Friday.EconomyAug 19, 2022
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