Average Car Price in Canada
If you are interested in buying a new or used car, you may want to know the average car price in Canada. This will help you determine if the price you’re paying is reasonable for what you’re getting. According to the AutoTrader Price Index Report, the average new vehicle price in June 2023 was $66,288, 21.3% above the price in June 2022.As for used cars, the national average is currently $39,645, 4.1% higher than it was the prior year. Generally, purchasing a car is quite expensive. Prices may vary depending on the model of the car and it’s new or used status. In addition, the cost to maintain a car is not cheap, which also varies on the type of car. However, there are some average car prices in Canada you should know about. Let’s take a closer look at what to expect below. What is an average car price? When buying a car, one major element to consider is
Continue reading