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How much would it cost to buy a vehicle if you were in the market for one right now? This auto price report is updated monthly and offers a view of the Canadian automotive market by analyzing pricing data associated with over 400,000 new and used vehicle listings.

This data was provided by the autoTrader.ca Price Index. To download a full pdf version of this report, click here.


Read the methodology

Click below to learn more about each of the data points for the index.

National Median Price - Marketplace Index:

Based on median Canadian automotive pricing data (CAD $) collected from more than 400,000 listings monthly on autoTRADER.ca. Data is collected every month, and monthly and yearly comparisons are calculated on the 25th of each month. This chart focuses on the median price of a vehicle, which is defined as the middle price; half of the cars sold in Canada are priced below the median and half are priced above. In addition to median pricing, year-over-year (YOY) price changes have been identified in blue. Median price has been charted, rather than average, in order to ensure that high or low price outliers do not skew results. Any changes under 0.1% have been denoted as 0.0%.

National Median Price by Region:

Based on median Canadian automotive pricing data (CAD $) collected from more than 400,000 listings monthly on autoTRADER.ca. Data is collected every month, and monthly and yearly comparisons are calculated on the 25th of each month. The Atlantic region is defined as: Nova Scotia, New Brunswick, Prince Edward Island and Newfoundland & Labrador. Due to limited population size, the territories are excluded, and Manitoba and Saskatchewan have been combined. This chart focuses on the median price of a vehicle, which is defined as the middle price; half of the cars sold in Canada are priced below the median and half are priced above. In addition to median pricing, year-over-year (YOY) price changes have been identified in blue. Median price has been charted, rather than average, in order to ensure that high or low price outliers do not skew results. Any changes under 0.1% have been denoted as 0.0%.

National Top Searched Vehicles:

Based on the top ten most commonly searched vehicles for new and used listings, on autoTRADER.ca. Data is collected every month, and monthly and yearly comparisons are calculated on the 25th of each month. Prices indicated refer to the median new and median used price for each vehicle, averaged across all trim levels.

About the autoTRADER.ca Index:

The autoTRADER.ca Price Index offers a monthly view of the Canadian automotive market by analyzing vehicle pricing data associated with over 400,000 new and used vehicle listings, bringing you the latest in pricing shifts and trends over time.

The national picture

According to the data, the overall median listing price of new vehicles saw a marked uptick in October, marking the the largest month-over-month increase of the year. The median new price of $39,851 represents a 3 per cent increase year-over-year and a 2.5 per cent increase month-over-month.

The used median price was $18,800 and this continues the trend of consistent used prices since the end of March. While the year-over-year increase is 10.6 per cent, data suggests that on a month-over-month basis, used prices have experienced a more modest 0.1 per cent increase. This time last year, prices were around $17,000, which was the lowest used median price observed in the last two years. This implies the year-over-year change is a result of unusually low prices in 2018 as opposed to an increase in prices last month.

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The provincial picture

The map below displays the median listing price and percentage change year-over-year for new and used vehicles by region. Due to limited population size, the territories have been excluded, while Manitoba and Saskatchewan have been combined. Purple indicates new vehicles, while blue indicates used.

Atlantic Region

$36,1577.6% YOY

$18,5004.8% YOY

Alberta

$46,6650.4% YOY

$21,9906.9% YOY

British Columbia

$41,3231.8% YOY

$19,9806.3% YOY

Manitoba & Saskatchewan

$44,4464.2% YOY

$23,00012.2% YOY

Ontario

$38,0494.1% YOY

$18,88811.2% YOY

Quebec

$33,8791.8% YOY

$16,2998.7% YOY

Average prices for new vehicles last month remain stable across Canada. This also holds true for prices in the Atlantic region, which saw the highest year-over-year increase last month and and had a median price of $36,157.

Of note is Quebec, where the median used price was $16,299. This continues a gradual decline that only began recently, which contrasts with the rest of Canada where used prices have remained stable.

The picture in search

Looking to see what other potential car buyers are searching for? These were the top 10 most searched vehicles in October 2019 on autoTrader.ca, along with their median listing prices. Click through the links to read Globe Drive’s review of the model, view listings in your area and find the the latest discounts, rebates and rates for your selected model through our build and price tool.

1. Ford F-150

Median price new: $54,202

Median price used: $30,950

Read the review

Get exclusive savings on a new model through the Globe Drive Build and Price Tool or explore live listings in your area on autoTrader.ca.

2. BMW 3-Series

Median price new: $59,367

Median price used: $19,777

Read the review

Get exclusive savings on a new model through the Globe Drive Build and Price Tool or explore live listings in your area on autoTrader.ca.

3. Ford Mustang

Median price new: $40,763

Median price used: $25,789

Read the review

Get exclusive savings on a new model through the Globe Drive Build and Price Tool or explore live listings in your area on autoTrader.ca.

4. Mercedes-Benz C-Class

Median price new: $60,868

Median price used: $28,887

Read the review

Get exclusive savings on a new model through the Globe Drive Build and Price Tool or explore live listings in your area on autoTrader.ca.

5. Honda Civic

Median price new: $30,845

Median price used: $10,295

Read the review

Get exclusive savings on a new model through the Globe Drive Build and Price Tool or explore live listings in your area on autoTrader.ca.

6. Porsche 911

Median price new: $166,500

Median price used: $99,000

Read the review

Explore live listings in your area on autoTrader.ca.

7. BMW M

Median price new: $117,100

Median price used: $54,470

Read the review

Get exclusive savings on a new model through the Globe Drive Build and Price Tool or explore live listings in your area on autoTrader.ca.

8. Toyota RAV4

Median price new: $35,719

Median price used: $22,499

Read the review

Get exclusive savings on a new model through the Globe Drive Build and Price Tool or explore live listings in your area on autoTrader.ca.

9. Mercedes-Benz E-Class

Median price new: $87,473

Median price used: $28,900

Get exclusive savings on a new model through the Globe Drive Build and Price Tool or explore live listings in your area on autoTrader.ca.

10. Honda CR-V

Median price new: $36,749

Median price used: $20,995

Read the review

Get exclusive savings on a new model through the Globe Drive Build and Price Tool or explore live listings in your area on autoTrader.ca.

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