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Since the pandemic, each year has begun with expectations of market normalization, yet unanticipated events continue to disrupt this trajectory. In 2025, tariffs drove demand in the first half of the year. In 2026, the federal EV policy announcement initially supported new EV demand, while more recently, escalating geopolitical tensions in the Middle East have

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

The Canadian automotive market held steady through Q3 2025, as easing demand and improving inventory levels balanced out the effects of earlier tariff-driven fluctuations. According to our Q3 2025 AutoTrader Price Index, average used vehicle prices slightly dipped over the quarter yet remain 3.2% higher year-over-year. New vehicle prices softened 4.9% year-over-year as inventory availability

The Canadian automotive market demonstrated resilience in Q2 2025, with stable performance in both used and new vehicle segments. According to the latest AutoTrader Price Index, average used car prices increased by 3.6% year-over-year, supported by a 1.8% rise in estimated used vehicle sales for the quarter and a 2% increase on a year-to-date basis.