Though still near record high prices, the Canadian wholesale market for used cars continued its slight decline overall for the fifth week in a row. The week ending on April 29 was down again very slightly, -0.04% compared to the …
The decline continued for the overall prices in the Canadian used wholesale market for the week ending on April 22—down 0.23% compared to the previous week’s -0.04%, according to Canadian Black Book. The 2017-2019 average for that week was -0.08%. The …
Used vehicle prices declined slightly in the Canadian wholesale market—down 0.02% for the week ending on April 1, compared to +0.09% the prior week. The 2017-2019 average for the same week was -0.18%, according to Canadian Black Book. Overall, car …
Overall prices for used vehicles in the Canadian wholesale market increased slightly for the week ending on March 29—up 0.09% compared to the -0.10% from the previous week, according to Canadian Black Book. Its latest automotive market update indicates the …
Overall prices for used vehicles in the Canadian wholesale market declined for the week ending on March 22 by 10% compared to only 0.04% the prior week, based on Canadian Black Book’s latest auto market update. The overall car segment …
Used vehicle wholesale prices remained relatively flat this week for the Canadian market, down slightly by 0.04% for the week ending on March 4, according to Canadian Black Book. Last week it was up 0.03%, while the industry average between …
Canadian automotive retail sales experienced “significant” increases throughout 2021, according to a year-end review from DesRosiers Automotive Consultants (DAC). “In almost all cases this was driven primarily by higher prices per unit—rather than booming unit volumes,” said Andrew King, Managing …
The Canadian used wholesale market remains relatively flat—this time up 0.09% for the week ending on March 4, compared to the previous week’s increase of 0.03%, according to Canadian Black Book. The truck/SUV segment out-performed the car segments, slightly, for …
The Canadian used vehicle wholesale market remains relatively flat—up only 0.09% for the week ending on February 25, according to Canadian Black Book’s latest update. The market average from 2017-2019 for the same week was -0.14%. The overall car segment …
Dealers can derive big benefits from their certified pre-owned vehicle programs Lexus and Mercedes-Benz were the first to offer certified pre-owned (CPO) programs back in the 1990s, but today almost every OEM has jumped on the bandwagon. While the details …
Used-market could decline over next few years Trade-ins provide the primary supply of used vehicles for dealerships to sell. But off-lease and off-fleet vehicles are major second- ary sources of used inventory. It’s no secret that both new-vehicle leases and …
But still well above year-ago levels For the first time since May, 2010, the ADESA Canada Used Vehicle Price Index turned downward in January, weakening by approximately 0.3pts from December, seasonally adjusted. However, given the gains made over the past …
