Will Used Car Prices Drop In 2025 Canada

Will Used Car Prices Drop In 2025 Canada. The used car market, on the other hand, can see rate changes more in line with central bank decisions — but the prices continue to remain high, prymak added. Automotive experts say canada will see a return to normalcy when it comes to the market in terms of sales and inventory, but don't expect prices to drop drastically just yet.

After years of increasing used car prices, we’ve finally seen used car prices dropping in the recent months of 2024. Historical trends in used car prices over the past five.