The latest “Rearview Recap 2025” report from Clutch reveals a major transformation in Canada’s used vehicle market: inventory is becoming newer, greener, and more expensive.

According to data released by Clutch, the landscape of the used car market shifted significantly in 2025. The most notable trend is the rising dominance of electrified powertrains. The combined market share of used Electric Vehicles (EVs) and hybrids climbed from 7.7% in 2024 to 9.7% in 2025.

This growth is driven by a surge of late-model inventory entering the market. Buyers who were previously deterred by new car prices are now looking to the used market as a more affordable entry point into electrification.

Larger, More Premium Inventory The report also highlights a shift toward more expensive segments. There is a growing prevalence of trucks, crossovers, and higher-trim models in used inventories. This shift has had a direct impact on Canadian wallets: the national average used-vehicle price rose to $33,718 in 2025, a 4.6% increase year-over-year.

Heading into 2026 Dan Park, CEO of Clutch, notes that the interplay between affordability and supply will be the key factor heading into 2026. The industry will be closely watching whether demand for used electrified vehicles continues to scale at this pace across different regions.