Average New Car Price 2025 Canada. Average New Car Prices Dip 0.6, But Luxury Cars Take Larger Market Share Carscoops If your budget is on the tighter side, take a look below at our list of the top 10 cheapest electric cars you can buy as a new car in Canada in 2025 However, sales of new motor vehicle units in 2024 remained slightly below (-2.2%) the levels observed in 2019, prior to the COVID -1 9 pandemic.
Why used cars offer alternative’ to new as average prices rise RoadLoans from roadloans.com
The auto sector had been hit hard by inflation, with the average price of a new car in Canada rising 43.2 per cent between 2019 and 2025, and used car prices rose 39.5 per cent during the same timeframe, according to data from AutoTrader.com Inc., the vehicle marketplace New motor vehicle sales increase in 2024 In 2024, there were 1,918,861 new motor vehicles sold in Canada, up 9.5% (+166,464 units) from 2023
Why used cars offer alternative’ to new as average prices rise RoadLoans
However, sales of new motor vehicle units in 2024 remained slightly below (-2.2%) the levels observed in 2019, prior to the COVID -1 9 pandemic. And that's not even counting registration, fuel/energy, insurance, maintenance and repairs Looking for something much cheaper? We've compiled a list of the 10 most affordable new cars in Canada in 2025.
Canadian used vehicle prices still down, cars still up Canadian Auto Dealer. 2025 Hyundai Venue, from $23,784 For 2025, the Hyundai Venue subcompact crossover received a modest $200 price bump in its base configuration, which keeps it at the low end of our list of Canada's cheapest cars New motor vehicle sales increase in 2024 In 2024, there were 1,918,861 new motor vehicles sold in Canada, up 9.5% (+166,464 units) from 2023
Why used cars offer alternative’ to new as average prices rise RoadLoans. However, sales of new motor vehicle units in 2024 remained slightly below (-2.2%) the levels observed in 2019, prior to the COVID -1 9 pandemic. While affordability shows signs of improvement, persistent issues like high new-car prices, consumer financial struggles and looming tariffs continue to shape the automotive landscape.