Canadian Used-Car Prices Fell August 2026, but Vehicles Sitting Longer

Canadian used-car prices fell August 2026, but vehicles sitting longer

Most vehicles are taking longer to find buyers, but EVs actually sold faster than they did a year ago

Average Used Vehicle Selling Price Slips Again

Dipping below year-ago levels, Canadian online retailer Clutch reports a modest softening in pre-owned vehicle transaction values nationwide. According to the latest Used Car Pricing Report released by Canadian e-commerce platform Clutch, the national average selling price for a used vehicle settled at $33,752. Down 0.1% month-over-month and 0.5% compared to the same period last...

Used vehicle prices slip below year-ago levels

Canada’s used vehicle market crossed a notable threshold in August, with average prices falling below year-ago levels for the first time in 17 months. The average used vehicle sold for $33,752, according to Clutch’s latest Used Car Pricing Report, down 0.1 per cent from July and 0.5 per cent from August 2025. That followed 16... Read more »