Our latest AutoTrader Price Index highlights a steady close to the year for the Canadian automotive market, even as both new and used vehicle sales moderated in the final quarters. Following similar trends seen in Q3, used car sales dipped slightly in the last quarter, down 1.1% year-over-year. However, 2025 ultimately ended with positive annual growth for used vehicle sales, despite some differences across provinces.

Used vehicle prices normalized through the second half of the year, rounding off the year at an average of $35,201, a +2.0% lift compared to the previous year. On average, used vehicles remain approximately $830 more expensive than last year, influenced in part by tariffs and a surge in early-year activity.

The new car market followed a comparable trend, with sales slowing in the second half of the year but closing 2025 up 2.0% overall. New vehicle prices ended the year at $63,439, down 2.7% compared to the previous year. Earlier concerns around tariff-related disruptions did not materialize, supported by healthy inventory levels and the continued stability provided by the CUSMA agreement. That said, supply and demand dynamics continue to vary at the OEM level and are expected to remain a factor into 2026, assuming no major shifts in Canada U.S. trade relations.

Click here to get your copy of the Q4 2025 AutoTrader Price Index.