» Le réseau de demandes de crédit en ligne Dealertrack Canada révèle une hausse du prix des véhicules d’occasion en avril

Le réseau de demandes de crédit en ligne Dealertrack Canada révèle une hausse du prix des véhicules d’occasion en avril

Despite a gloomy time discouraging buyers from moving into the showrooms, Cox Automotive Canada’s top ten second-hand vehicles with the highest-selling financing * of Cox Automotive Canada’s Dealertrack online credit application network continued to record year-over-year growth. their average price in April.

Despite a gloomy time discouraging buyers from moving into the showrooms, Cox Automotive Canada’s top ten second-hand vehicles with the highest-selling financing * of Cox Automotive Canada’s Dealertrack online credit application network continued to record year-over-year growth. their average price in April.

While eight of these ten vehicles saw an increase, the average spot price rose 3.4% last month, compared to the same month in 2017. Compared with March 2018, the average price in April was decreased slightly by 0.3%.

Of the ten best-selling second-hand vehicles, it was the Dodge Grand Caravan (3 rd  place) that took the most value with a 9.7% increase in one year and 2.1% in one year. months, from $ 20,476 to $ 20,912.

The vehicle with the largest annual and monthly decline was the Dodge Journey. This compact SUV experienced declines of 1.9% and 2.3% respectively, from $ 19,483 to $ 19,027 last month.

The volume of used vehicle financing with the DealerTrack network, is the Toyota Corolla that stands out with a jump of two ranks in April, from 9 th to the 7 th  spot.

“Fresh weather this spring has no doubt convinced some buyers to stay home,” said Richard Evans , Vice President and General Manager of Dealertrack Canada.

If we dig deeper into Dealertrack’s network data, we can see that the luxury vehicle segment has maintained its average spot price, despite a significant growth in the number of used vehicles sold with financing.

In April 2018, the luxury vehicles financed in the Dealertrack network recorded an average annual price increase of 3.3% ($ 28,505) and a significant increase in their volume of 27.1%.

At the regional level, the Western market experienced the largest annual increase in the volume of used luxury vehicles with financing at 31.7%, while Quebec recorded the smallest increase, all the same 23.4%.

In Canada, the Dealertrack network processes 5.2 million credit applications annually for the purchase of vehicles with financing. Our reports analyze all of this data to provide dealers, lenders, builders, retailers, agents and parts suppliers with enlightening information to improve their bottom line.

To view the full report on the best-selling used vehicles with financing or to learn more about Dealertrack Canada’s other reports, call 1-866-830-3863 or email dealersupport@dealertrack.com. Source:  Dealertrack Canada

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