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

Auto Service World

The Canadian used vehicle market is facing a significant supply shortage of younger off-lease vehicles, expecting to negatively impact the used sales market. Off-lease vehicles are a key source of product for the used car market.

Vehicle 274
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Here’s how Canadians are approaching car buying

Auto Service World

Despite ongoing economic challenges, Canadians are demonstrating resilience in their vehicle purchasing habits, according to new research from AutoTrader. While the economic landscape remains challenging, with high interest rates, gas and vehicle prices influencing decisions, Canadians are adapting.

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Used-car retail prices, surprisingly, aren’t climbing

Auto Remarketing

You would think that used-vehicle prices would be rising right now. TO READ THE FULL STORY BECOME A MEMBER Login The post Used-car retail prices, surprisingly, aren’t climbing appeared first on Auto Remarketing.

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Making sense of February’s used-car retail prices

Auto Remarketing

Is now the right time for used-car shoppers to strike? There was some year-over-year easing in retail used-car prices last month, according to the latest CARFAX Used Car Index report , which showed declines in six of the seven segments included in its analysis. month-over-month, prices for cars fell 0.9%.

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New-car incentives re-emerge to combat affordability crisis; analysts cautiously watching impact to used cars

Auto Remarketing

Incentives on new vehicles: remember those? of Equipped Retail Typical new-car prices in 2022, according to Black Book, new-vehicle incentives have climbed the past two years. Theyre back in a big way. After hitting a trough of 2.9% That was especially evident towards the end of 2024.

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A Comprehensive Guide: What to Look Out for When Buying a Used Car

Auto Service World

Buying a used car can be an exciting yet daunting experience. While it offers the opportunity to find a vehicle that fits your needs and budget, it also comes with inherent risks, such as hidden mechanical issues or undisclosed problems.

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How new, used vehicle prices are trending

Auto Service World

Used car prices continue to decline as availability increases and new car prices have stabilized in the Canadian automotive market, according to analysis from AutoTrader.

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