New, used trends as market braces for uncertainty

New, used trends as market braces for uncertainty

Used vehicle prices are up while new prices are trending downward as pre-tariff inventory thins out. A new report found that Canada’s auto market is feeling the ripple effects of trade tensions. The latest AutoTrader Price Index showed that while demand remains strong, the landscape is shifting — and buyers are responding quickly. In the second quarter of 2025, Canadian consumers rushed to purchase vehicles ahead of anticipated price hikes linke…