Canadian Black Books (CBB) most recent Covid-19 Market Update shows Canadian wholesale used vehicle prices continue to climb with cars up a record .35% and trucks rising by .49%, their largest gain in the past two years. One of CBB’s main concern is that used vehicle supply levels are tight and despite the recession, demand for used vehicles is high. The report also noted that a rising Canadian dollar will make used vehicles more expensive to export to the U.S. market.

For more: https://www.canadianblackbook.com/blog/covid-19-weekly-automotive-market-update-9-2-2020/

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