CONSUMER MATTERS: Pre-owned vehicle prices are dropping, but you should hold off on buying

High interest rates and increasing new vehicle supply are reasons why used vehicle prices are dropping. Still, some industry experts say it’s best to hold off on a pre-owned vehicle until later in the year. Consumer Matters reporter Anne Drewa has more.

• Sales of vehicles, parts hit record high in November wholesale data: StatCan
• Used vehicle prices are dropping. Why you might want to hold off on your purchase