Car Prices

• Used car prices are dropping slightly in Canada, but remain high

  Data 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.

  Consumer

  Nov 6
  
• New car sales tumble in Canada as trade war bites, new data shows

  Retail sales in Canada fell 1.1 per cent in May to $69.2 billion, led largely by falling motor vehicle sales, new data from Statistics Canada showed on Thursday.

  Canada

  Jul 24
  
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• Should you speed up your car purchase as Trump imposes metal tariffs?

  U.S. President Donald Trump's steel and aluminum tariffs are coming in a month. Some auto experts are advising Canadian consumers to accelerate their car-buying plans in response.

  Consumer

  Feb 11
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• New and used vehicle supply is surging. Here’s how prices are reacting

  AutoTrader says car prices in both the new and used markets have receded from their peaks in 2023 now that supply chain snarls that delayed vehicle production are in the rear view.

  Consumer

  Jul 23, 2024
• 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.

  Consumer

  Jul 8, 2024
• Used vs new cars: Which market is offering the better deal?

  Shopping for a new or used vehicle this summer? Here's what to know about the state of inventories at car dealerships in Canada, and where you can find a deal.

  Money

  May 14, 2024
• Planning to buy a car in 2023? Expectations will have to ‘change’, experts caution

  Industry experts say the Canadian auto market will continue to be inflated for most of 2023 before things ease up a bit for consumers.

  Canada

  Dec 28, 2022
• War in Ukraine: Hit to semiconductor supply could hike prices in Canada

  The Russian invasion of Ukraine threatens hopes for a return to steady semiconductor supplies in Canada's auto sector and other manufacturing industries.

  Economy

  Feb 25, 2022
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• Hurry up and buy? How Trump’s auto tariffs could affect car prices in Canada

  The measures would have sweeping impacts, potentially on used vehicles, too.

  Money

  Jun 23, 2018