Phillips, T., Canadian Auto Dealer, dealer, C. auto, Phillips, T., & Canadian Auto Dealer. (2025, June 4). Used vehicle market sees slight increase in pricing. Canadian Auto Dealer. https://canadianautodealer.ca/2025/06/used-vehicle-market-sees-slight-increase-in-pricing/ 
Prices are slightly up, though still down, as the Canadian used vehicle wholesale market saw a decline of -0.18% in pricing for the week ending on May 31. That’s up from the prior week’s -0.23%, though within reach — according to Canadian Black Book.
Car segment prices decreased by -0.14% (compared to -0.23 the previous week), while the truck/SUV segments were down by -0.21% (compared to -0.22 a week earlier). The largest decline in the car segments came from sub-compact cars. For trucks/SUVs, it was sub-compact luxury crossovers/SUVs.
“The Canadian market experienced a slight increase in pricing, with a decline less pronounced than in its prior week… Just under 23% of the market segments experienced an average value change of more than ±$100,” said CBB in its latest Market Update. “Supply has remained high in comparison to prior weeks; however upstream channels continue to gain early access.”
In the car category, segments with the largest depreciations included sub-compact cars (-0.64%), sports cars (-0.33%), near-luxury cars (-0.20%), and mid-size cars (-0.19%). Full-size cars experienced an increase (+0.40%).
For trucks/SUVs, segments with the largest declines were sub-compact luxury crossovers (-0.80%), compact vans (-0.58%), full-size vans (-0.43%), and minivans (-0.30%). Full-size crossovers/SUVs (+0.06%) and small pickups managed an increase (+0.04%).
The average listing price for used vehicles is slightly down; the 14-day moving average was at $38,300, based on around 220,000 used vehicles listed for sale on Canadian dealer lots.
Phillips, T., Canadian Auto Dealer, dealer, C. auto, Phillips, T., & Canadian Auto Dealer. (2025, June 4). Used vehicle market sees slight increase in pricing. Canadian Auto Dealer. https://canadianautodealer.ca/2025/06/used-vehicle-market-sees-slight-increase-in-pricing/