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How a lack of off-lease vehicle is hurting the used market

Auto Service World

This trend is expected to persist through 2027, according to DesRosiers Automotive Consultants. Off-lease vehicles are a key source of product for the used car market. The Canadian used vehicle market is facing a significant supply shortage of younger off-lease vehicles, expecting to negatively impact the used sales market.

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Where interest is growing as EVs tail off

Auto Service World

While electric vehicles (EVs) continued to appeal to Canadian car shoppers in 2024, widespread adoption remains low, according to data from AutoTrader. The data revealed that search interest in EVs grew by nine per cent this year, yet still represents just eight per cent of total vehicle searches on the platform.

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2027 Lotus Type 135 Electric Sports Car Packs at Least 469 HP

autoevolution

Serving as the spiritual successor to the Elise, the Lotus Type 135 will be revealed late 2026 for the 2027 model year. An Emira-replacing model is also expected to join the lineup by decade's end. The 135 will be priced at circa 75,000 pounds sterling, which means 95,000 freedom eagles at current exchange rat. continue reading. )

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The ‘horror story’ of the used vehicle market

Auto Service World

So when examining whether or not manufacturers will start to bring those vehicles into showrooms as used cars, its not a bright picture. So with that top of mind as well, we’re seeing those numbers decline up to 2027; 2028 we see it pick up, he said. He noted that his group looks at the market on a 48-month level.

Vehicle 130
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Why Students in Automotive School Will Love the 2024 Alfa Romeo Milano

Automotive Training Centre

With electric vehicles (EVs) fast becoming all the rage, the biggest car manufacturers have been in a hot race to key into the electrification roadmap, and several winners have emerged. There has been no short supply of impressive cars sporting the most innovative solutions in electric batteries and powertrain technology.

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How much cheaper EVs need to get in Canada

Auto Service World

The price of EVs has also pushed the cars out of reach for many consumers. According to the report, the ownership cost, which includes the price of a car and operating costs, of an EV over eight years would be $62,920 if the car was purchased in 2022, while the cost would be $71,680 for a gas-powered vehicle.

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2027 Toyota GR86 Four-Door Sports Car Gets Rendered With Hybrid GR Corolla Oomph

autoevolution

Most Asian carmakers thrived in America, reporting greatly advanced first-quarter deliveries across the board. Naturally, Toyota was chief among them and hot on the heels of General Motors. The worst-performing Japanese automaker was Mitsubishi, which only delivered a li. continue reading. )

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