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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 continued to stay above the $40,000 barrier in Canada, rising slightly to $40,055. This is largely driven by growth in sedans, which rose 6 per cent year-over-year to $28,328. Meanwhile, truck prices have remained stable at $55,203 and SUV prices have decreased slightly, falling 2.1 per cent year-over-year to $37,500. Regionally, B.C. and Quebec stand out as having experienced consistent growth since the fall.

In the used vehicle market, the current median price is $18,990 with relatively little change in the latter half of 2019. Since July 2019, the median price of used sedans and trucks have been stable. Manitoba and Saskatchewan continued to see the highest average used vehicle prices in Canada, a trend that’s been consistent since the beginning of 2018. Average used vehicle prices in Alberta were flat in December after significant price declines in early 2019, a signal that economic challenges from the energy sector may have begun to stabilize.

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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

$36,4608.06% YOY

$17,9950.53% YOY

Alberta

$47,0950.95% YOY

$22,500.0% YOY

British Columbia

$43,7486.46% YOY

$20,2581.32% YOY

Manitoba & Saskatchewan

$43,482-1.77% YOY

$23,8968.62% YOY

Ontario

$38,4021.36% YOY

$18,9955.54% YOY

Quebec

$34,3131.55% YOY

$16,8765.5% YOY

The picture in search

Looking to see what other potential car buyers are searching for? These were the top 10 most searched vehicles last month 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: $55,473

Median price used: $29,998

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: $58,900

Median price used: $19,507

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. Mercedes-Benz C-Class

Median price new: $63,741

Median price used: $28,900

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. Ford Mustang

Median price new: $44,307

Median price used: $26,999

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: $31,220

Median price used: $9,987

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: $167,775

Median price used: $114,990

Read the review

Explore live listings in your area on autoTrader.ca.

7. Mercedes-Benz E-Class

Median price new: $87,347

Median price used: $28,995

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. BMW M

Median price new: $114,289

Median price used: $54,480

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. Toyota RAV4

Median price new: $35,762

Median price used: $22,995

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.

10. Honda CR-V

Median price new: $37,790

Median price used: $20,964

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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