Canadian used-vehicle prices rise 9% in April as dealers head off tariffs

A used car sign on dealer lot — The average listing price for a used vehicle in Canada jumped to $37,900 in the final full week of April, up nearly 10 per cent from $34,750 at the start of the month. (GREG LAYSON/AUTOMOTIVE NEWS CANADA)

May 16, 2025 12:25 PM

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Tariffs already hurting vehicle affordability as more price hikes loom

Despite discounts by brands such as Ford and Stellantis, the average new-vehicle price rose 2.5 percent in April, and more increases are expected.

Michael Martinez

Tariffs already hurting vehicle affordability as more price hikes loom

Tariff costs, policy uncertainty prevent suppliers from investing in the U.S., MEMA says

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Kia technician training program for veterans helps dealership boost productivity

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$11 billion tariff tsunami poised to wash over Japanese automakers looking to boost U.S. output

$11 billion tariff tsunami poised to wash over Japanese automakers looking to boost U.S. output