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New cars, left, are parked at a car dealership on Friday October 11, 2024 in Quebec City.. THE CANADIAN PRESS/Jacques Boissinot Steep U.S. tariffs on all imported vehicles are set to drive prices, already high in part because of pandemic-related disruptions, higher still fo...
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Spring appears to have sprung in the wholesale market, as average prices jumped another four percent month-over-month in February and have continued to rise significantly in March. Retail used vehicle and CPO sales also showed February increases.
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In addition, the used car market has witnessed steady growth in the year 2023. High prices of new vehicles & affordability concerns and surge in demand for off-lease cars & subscription service by the franchise, leasing offices, & car dealers are the key factors that boost the sales of auto...
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