Used Cars
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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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Lethbridge buyers possibly waiting up to 6 months for new vehiclesLethbridge Toyota general manager Tim Schipper says, depending on the vehicle's model, it may take up to six months for the car to arrive at a dealership.ConsumerMay 10, 2022
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Looking for a used car? What you should know about the booming marketThe used-car industry is quickly evolving, and the market is seeing historic changes. Industry experts say prices will be inflated for months, at least.CanadaApr 23, 2022
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Canadian used car sales rose 5% in 2021 amid semiconductor shortagesIndependent car dealers saw weaker growth than franchised dealers last year because they lack off-lease trade-ins, according to the report.ConsumerFeb 9, 2022
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Some used cars are now selling for as much as new models. Here’s whyIn the upside-down reality of the COVID-19 economic recovery, some used vehicles are barely depreciating.MoneyJul 22, 2021
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