The average used-car price in Canada climbed again in June, reaching $33,868. This represents a steep 1.6% increase month-over-month and a 6.3% increase year-over-year, extending the market’s streak to seven consecutive months of rising prices and effectively erasing the market correction seen through most of 2024, signalling a return to a high-price-floor environment.
Several key forces combined to drive June’s increase. In Québec—historically one of Canada’s most affordable provinces for used vehicles—the temporary suspension and relaunch of the Roulez vert EV incentive caused shoppers to temporarily step back, leading to stagnant sales volumes but a rise in average prices. This muted Québec’s typical effect of pulling down the national average, leaving overall Canadian prices more exposed to the higher costs seen in Western provinces. At the same time, hybrid vehicles—now the priciest fuel type on average—continued to gain both in market share and average price, as buyers pivoted toward fuel efficiency without the full step into EV ownership. Finally, the market remains structurally tight: with fewer lease returns and trade-ins from the pandemic-stricken 2020-2023 model years, dealers face less replenishment of nearly-new inventory, keeping broad upward pressure on prices.
This month’s report explores how these evolving patterns—provincial program shifts, hybrid momentum, and a long tail from the pandemic leasing slump—are shaping the landscape across body styles, fuel types, regions, and Canada’s most sought-after used models.
Used car prices continue to show stark regional contrasts across Canada, reinforcing the familiar East-West divide. In June, Alberta recorded the highest provincial average at $37,761, narrowly overtaking British Columbia at $37,438. On the other end of the spectrum, Prince Edward Island remained Canada’s most affordable used-car market, with an average of $28,276, more than $9,000 below Alberta’s level. This pattern held across the broader map: Western provinces like Alberta, B.C., and Saskatchewan consistently topped the pricing table, followed by Ontario and Québec, while Atlantic Canada offered the lowest price points.
Much of this Western premium is rooted in regional economics and buyer preferences. Alberta’s robust oil and gas sector supports demand for larger, more expensive trucks and SUVs—vehicles that often command higher resale values. Meanwhile, B.C.’s milder climate helps preserve vehicles longer, sustaining higher average prices by reducing the impact of rust and wear. By contrast, Atlantic Canada’s more modest average incomes and vehicle mix dominated by older, smaller models keep price tags lower, making it the most budget-friendly region to shop for used cars in the country.
Québec stood out in June for a different reason: it posted the steepest annual increase among all provinces, with average used-car prices rising +1.75% month-over-month and nearly +9.6% year-over-year to reach about $30,032. This sharp climb is tied to changes in the province’s Roulez vert rebate program, which have nudged more buyers from the new EV market into nearly-new alternatives, pushing up used prices. Still, Québec’s historical affordability persists. Long-standing consumer habits—favouring smaller, more economical base-model cars—and harsher winters that accelerate depreciation continue to keep typical price points below the national average, even amid this latest upswing.
After a turbulent 2024 marked by steep declines, Canada’s used car market has been on a steady path of recovery throughout 2025. Prices have now climbed for seven consecutive months, with June’s 1.6% month-over-month increase pushing the national average to roughly $33,868—its highest level in over a year and about 6% higher than June 2024. This means the market has effectively retraced last year’s drop, returning close to the elevated values seen in early 2024.
This rebound has been gradual but is firmly supported by shifts in what Canadians are buying. Demand continues to tilt toward higher-priced segments like SUVs, hybrids, and EVs, while traditional cars fade further into the background. At the same time, the thin supply of nearly-new vehicles—caused by fewer lease originations during the pandemic years—means that late-model used inventory remains scarce. These dynamics are combining to sustain upward pricing momentum, even as broader inventories have started to rebuild.
Looking ahead, the structural imbalance in Canada’s used vehicle pool will likely keep exerting upward pressure. Analysts expect the supply of desirable 2-to-4-year-old vehicles to tighten further into 2026, a direct legacy of the 2020-2023 downturn in leasing and new vehicle production. That mismatch—too many older trade-ins versus not enough late-model off-leases—will continue to shape the market’s trajectory, keeping average prices elevated and reinforcing the appeal of nearly-new units despite broader economic headwinds.
SUVs remain the backbone of Canada’s used vehicle market, accounting for nearly 60% of all sales nationwide—a dominance that effectively sets the floor for overall price trends. In June, the average used SUV price edged up by +0.3%, the smallest increase among body styles, but still building on an already elevated baseline. The story underneath that average was regional: Alberta and B.C.—where SUVs are most expensive—actually saw prices dip by -1.5% and -1.0% month-over-month. Meanwhile, Ontario and Québec posted the strongest gains, up +1.0% and +1.1% MoM, translating to +4.3% and +7.1% YoY, respectively. Even Atlantic Canada, the country’s most affordable SUV market, saw prices ease slightly in June by -0.2%, though still up year-over-year, reflecting the long-term pull of this segment.
Passenger cars turned in one of their strongest months so far this year, with average prices rising +1.2% MoM. Québec and Alberta led the monthly gains among larger provinces, while Ontario and B.C. each saw more restrained growth of less than 1%. On a year-over-year basis, used car prices nationally were roughly +3.2% higher than last June. The segment benefited from both solid commuter demand and a seasonal bump for sportier options. Pricier models like the Volkswagen Golf R climbed +11.8% MoM and jumped nine spots in sales rank, while the Mercedes-Benz C 300 rose +3.3% MoM and gained two spots. The sporty Subaru WRX surged 22 places in sales volume rankings, underscoring how summer continues to ignite demand for these higher-priced performance-oriented cars alongside everyday sedans.
Trucks saw the most significant overall increase, with national average prices climbing +2.0% MoM and +5.8% YoY. This gain was powered largely by Ontario, where used truck prices surged +4.5% in a single month and are now up an impressive +8.8% compared to last June. Out West, prices for pickups held steady, yet still expensive. The net effect was an overall uptick in truck values nationally, illustrating how local buying habits can shape overall market direction.
Canada’s used vehicle market continues to showcase three very different stories depending on what’s under the hood. Gasoline-powered vehicles remain the bedrock, hybrids are increasingly the “smart compromise,” and EVs are caught in a paradox—growing rapidly in share but struggling to hold individual model values. In June, average prices for gasoline vehicles rose +1.2% MoM and +4.8% YoY, led by Ontario, where prices jumped +1.6% MoM and nearly +5% YoY. This reflects persistent consumer reliance on conventional engines, especially in the Atlantic provinces, where gas vehicles make up about 93% of used sales. By contrast, British Columbia has the lowest share of gasoline transactions at roughly 80.5%, as more buyers there opt for electrified alternatives.
Hybrids have firmly cemented themselves as the sweet spot for many Canadian shoppers, offering fuel savings without the range or charging worries of full EVs. Hybrid prices increased +0.7% MoM and +6.1% YoY nationwide in June, underpinned by notable gains in popular models like the Toyota Highlander Hybrid (+6.4% YoY) and RAV4 Hybrid (+7.8% YoY). Nowhere is this more evident than in Québec, where reduced Roulez vert incentives have pushed many buyers from new EVs into the used hybrid market. Hybrid prices in Québec surged another +1.9% MoM and a striking +13.6% YoY, showing how incentive shifts can reverberate through related segments. B.C. remains the province with the highest hybrid adoption, with hybrids accounting for 8.6% of all used sales, compared to just 3.5% in Saskatchewan, the province with the lowest adoption.
Meanwhile, EVs highlight a classic market paradox. The average used EV price climbed in June, driven by a sales mix increasingly tilted toward higher-priced models like the Tesla Model Y, which alone made up 13.1% of all used EV sales, double its 6.5% share of sales from last year. Yet beneath that, individual EV models continue to soften; the Model Y itself is down 13.6% YoY, a pattern consistent across nearly all top electric models. Québec illustrates the premium segment pull: used EV prices there rose +3.4% MoM and +8.4% YoY as more buyers shifted from new to used electrics post-rebate cut. In stark contrast, B.C. saw used EV prices drop another -2.9% MoM and -5.1% YoY, still digesting the removal of its tax exemption, which ended on May 1. This dynamic—where fast tech turnover meets patchy incentives—underscores why EVs remain the highest-growth but most volatile segment in Canada’s used market.
The affordability landscape for used cars in Canada isn’t simply about raw prices—it’s the product of a mosaic of local economics, buyer habits, and even climate. From coast to coast, a clear pattern emerges: used vehicles are consistently most expensive in Western Canada and become progressively more budget-friendly moving east. These differences are deeply tied to what buyers in each region prefer, how well vehicles withstand the local environment, and how provincial rules shape costs.
In Western provinces like British Columbia and Alberta, higher average incomes combine with a strong appetite for newer trucks and SUVs to keep used prices elevated. Trucks make up as much as 23-26% of sales in Alberta and Saskatchewan, roughly triple the share in Québec, inherently driving up the regional average. B.C.’s milder climate means vehicles face less corrosion, which sustains higher resale values for longer. On the flip side, provinces like Québec and the Atlantic region not only see more modest economic conditions but also have longstanding consumer habits that favour smaller, more economical base-model cars, helping to pull provincial averages down. Québec buyers in particular often seek out smaller, no-frills, base-model vehicles with minimal options that automakers and dealers specifically tailor to meet the province’s appetite for low up-front costs, reinforcing the region’s reputation for affordability. Harsh winters and heavy road salt also accelerate wear in Eastern Canada, dampening prices further by shortening useful life.
These dynamics play out clearly in June’s affordability metrics. About 28.5% of all used cars sold in Québec were under $15,000, the highest share in Canada. Atlantic Canada still leads the country for budget SUVs, with 28.1% of SUVs sold under $20,000, compared to ~24% in Québec. Even in the truck segment—typically dominated by higher price tags—around 22-23% of used trucks sold in Québec and the Atlantic provinces came in under $30,000, well above the national average. Ontario, by contrast, tends to sit around the middle on most affordability measures. While roughly 22% of cars and 19% of SUVs sold there were under these common affordability thresholds, it notably punches above its weight on trucks: nearly 20% of Ontario’s truck sales came in under $30,000, thanks to a deeper pool of older, higher-mileage pickups. Meanwhile, Western provinces consistently showed the tightest affordability, with only ~14% of cars under $15,000 and a similar share for sub-$20,000 SUVs, underscoring how regional preferences and local conditions shape what kind of deals buyers can expect.
June brought a subtle reshuffling to Canada’s used vehicle leaderboard, with the Ford F-150 reclaiming its spot as the country’s best-selling used model, edging past the long-dominant Honda Civic. F-150 sales rose +9% month-over-month, accompanied by a 1.7% lift in average price, underscoring how demand for pickups remains resilient even at higher price points. By contrast, the Civic slipped into second place, with sales dipping -4% from May and its average price easing -0.6%, reflecting a slight cooling after months of leadership.
The rest of the top five held familiar faces. The Honda CR-V maintained its hold on third place, but with a surge in activity: sales climbed +13% MoM, while prices jumped +3% MoM and about +10% YoY, illustrating sustained appetite for practical, fuel-efficient SUVs. The Toyota RAV4 and Nissan Rogue rounded out fourth and fifth, swapping positions from last month. Both saw minor dips in sales volume for June but continue to anchor many Canadian driveways, highlighting their consistent appeal in the family SUV segment.
Beyond the usual front-runners, a few models made eye-catching moves. The Hyundai Tucson cracked the top ten, thanks to a 6% bump in sales, signalling growing traction in the compact SUV space. In the luxury ranks, the BMW X3 continued its upward trajectory, climbing another three spots to 40th overall, overtaking the Audi Q5 to become Canada’s top-selling used luxury SUV. Meanwhile, the Ford Bronco Sport jumped 14 places to reach 38th, buoyed by prices drifting lower (-0.33% MoM, -3.3% YoY), making these early 2021 models more accessible on the used market as supply matures. Together, these shifts show how evolving inventory levels and slight price adjustments are opening new lanes for buyers across segments.
Own one of these top-selling models? See in-depth pricing insights our Car Value Calculator.
A few standout dynamics helped shape used vehicle pricing and demand patterns in June, and none more dramatically than the battle unfolding in the luxury SUV space. Among mainstream segments, trucks once again proved influential: the Ford F-150 saw average prices climb +1.7% MoM and +2.8% YoY, while GM’s twins—the Chevrolet Silverado 1500 (+5.1% MoM, +10.6% YoY) and GMC Sierra 1500 (+2.9% MoM, +8.6% YoY)—posted even stronger gains. These healthy bumps, especially in Ontario, contributed notably to the broader uplift in used truck pricing.
In cars, the Honda Civic’s slight cooling (-0.6% MoM in price, though still +2.6% YoY) undercut some of the usual momentum in the segment. But that slack was picked up by luxury and sporty models: the Mercedes-Benz C-Class rose +3.3% MoM and +7.1% YoY, while the Subaru WRX jumped 22 places in sales rank to 70th overall, reflecting how summer buying often revives interest in performance cars. These shifts helped keep the overall car segment on firm footing despite modest headwinds at the very top.
Yet the biggest narrative is playing out among luxury SUVs. In June, BMW’s X1, X3, and X5 all surged compared to their Audi rivals in the used sales charts. The BMW X3 climbed three more spots to 40th, overtaking the Audi Q5 to become Canada’s top-selling used luxury SUV. Similarly, the X1 jumped eight positions to 59th, while the Q3 slid seven to 50th. In the midsize tier, the X5 rose four ranks to 67th, just as the Q7 plummeted 24 places to 136th. This isn’t simply a fluke of resale demand—it’s rooted in the leasing and production choices made years ago. Between 2021 and 2023, BMW aggressively refreshed its entire X lineup, driving new-car enthusiasm that is now spilling over into the used market. Meanwhile, Audi’s Q lineup, which went longer without updates and suffered sharper semiconductor-driven production woes, is feeding fewer off-lease units into today’s market, and they look dated by comparison. This structural gap in supply and design freshness is precisely why BMW is now dominating Canada’s used luxury SUV lanes.
{{widget-1}}
Looking at the most popular models under key price cutoffs paints a very different picture of Canada’s used vehicle market—one that highlights which vehicles truly deliver budget access. In the cars under $15,000 category, the Hyundai Elantra was the standout, claiming roughly 9% of all sales, nearly double the share of any other model. It was followed by a tight cluster of familiar names: the Honda Civic, Chevrolet Cruze, Mazda3, and Kia Forte, each holding about 4-5% of sub-$15k sales. Interestingly, the Toyota Corolla, often a top-three seller overall, was largely absent here—a clear indicator of how strongly it holds its value, rarely depreciating into this lower bracket.
Among SUVs under $20,000, older, practical crossovers dominated the leaderboard. The Ford Escape led with about 7.8% of sub-$20k SUV sales, followed closely by the Nissan Rogue (6.3%) and Hyundai Tucson (5.8%). These models are widely available due to past fleet and lease use, keeping their prices accessible. Rounding out the top five were the Jeep Cherokee and Chevrolet Equinox, which replaced the Santa Fe Sport and Nissan Kicks this month. Meanwhile, premium models like the Honda CR-V and Toyota RAV4 continued to hold their ground above this price band, rarely trading hands for under $20,000.
The value end of the truck market offered some of the clearest insights into how price resilience shapes sales. The Ram 1500 captured nearly 24% of all sub-$30k truck sales, decisively ahead of the Ford F-150 at about 19.9%. This flip from the usual overall rankings highlights just how well the F-150 retains its value—many examples simply don’t fall into the budget bracket. The Ram 1500 Classic (12.5%), Chevy Silverado 1500 (11.2%), and GMC Sierra 1500 (10.4%) filled out the top five, mostly consisting of older or higher-mileage versions of these popular workhorses. If a well-known truck is missing or far down this list, it’s a telling sign that buyers are still willing to pay a premium for it, keeping it squarely above these affordability cutoffs.
Looking for one of these high-demand picks? Browse our affordable inventory at Clutch — every vehicle is fully inspected, reconditioned, and backed by a 10-day money-back guarantee.
Final Takeaways & What to Expect Next
Seven consecutive months of price gains have carried used-vehicle values back to January-2024 levels, and the forces behind that climb—weak 2020-23 off-lease supply and unrelenting demand for SUVs and hybrids—still dominate the landscape. With neither condition likely to change quickly, the market appears set for a continued, if measured, upward drift as we move deeper into the summer selling season.
Policy currents remain the biggest near-term swing factor. The return of PST on used EVs in B.C. and the trimmed Roulez vert rebate in Québec are already steering shoppers toward hybrids and lower-priced electrics, and a growing wave of three- to five-year-old EVs coming off lease elsewhere will only intensify that hunt. Meanwhile, genuinely affordable gasoline cars are becoming scarce: pandemic-era lease gaps and an ageing pre-2020 fleet mean sub-$15k gems disappear quickly and command firmer prices.
Looking into the second half of 2025, volatility is the watchword. A rebooted federal EV incentive, fresh tariff volleys, or an accelerated Bank of Canada easing cycle could all jolt pricing trajectories in either direction. Ultimately, consumer confidence and the cost of financing will dictate how far buyers can stretch—and whether today’s plateau turns into another climb or finally begins to give way.
About This Data
This report is based on Clutch’s internal data, collected from retail vehicle sales reported across Canada. The analysis includes vehicles that meet the following criteria:
- Model year 2015 or newer
- Less than 200,000 km at the time of sale
- Sold vehicles only
References to “cars” include both sedans and hatchbacks, while SUVs and trucks are categorized separately. This segmentation helps reflect real-world buyer preferences across different body styles.
While the dataset covers a large national sample, pricing in smaller provinces or regions with lower sales volume may be influenced by individual outliers. This can lead to greater month-over-month fluctuations in certain areas compared to larger markets like Ontario, Quebec, and British Columbia.
The figures presented reflect average asking prices at the time of sale and are designed to provide an accurate snapshot of current market trends.
.avif)
.avif)
-02.png)
