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 year, the marginal shift reflects normalizing new-vehicle inventory channels, shifting fuel-type category dynamics, and a shrinking supply of lower-priced entry-level ICE inventory. 

For pre-owned sales managers, dealership inventory buyers, and finance executives, the stable pricing environment calls for precise trade-in valuation controls as affordable inventory contracts.

According to Clutch market metrics, elevated interest rates and rising ownership costs continue to drive consumer demand toward certified pre-owned platforms.