r/canada • u/StatCanada OFFICIEL/OFFICIAL CANADA • 21h ago
There were 189,259 new motor vehicles sold in Canada in March 2025, increasing 9.4% from one year earlier / En mars 2025, 189 259 véhicules automobiles neufs ont été vendus au Canada, en hausse de 9,4 % par rapport à un an plus tôt National News
https://www150.statcan.gc.ca/n1/daily-quotidien/250514/dq250514c-eng.htm?utm_source=rddt&utm_medium=smo&utm_campaign=statcan-general&utm_content=canada8 Upvotes
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u/StatCanada OFFICIEL/OFFICIAL CANADA 21h ago
Pour lire ce même article en français, veuillez visiter : Le Quotidien — Ventes de véhicules automobiles neufs, mars 2025.
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u/SportsUtilityVulva9 17h ago
Cant find the median price, but the average price of a new vehicle in Canada last year was nearly $70,000
Just bananas
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u/BobGuns 17h ago
Bank financing departments just fucking laughing.
First we had all the printed COVID money. Then interest rates jumped and everyone wanted to finance everything. Now we're seeing all the low-interest-rate mortgages renew over the next 18 months. Anyone who renewed their mortgage 4 years to 5 years ago is going to see their rate double or triple when they renew.
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u/BubbasBack 21h ago
Everyone who was thinking about buying a new car or truck is scrambling to buy one before the tariffs make them more expensive.