CARFAX Canada: Used Vehicle Prices Continue to Stabilize while Inventory Ramps Up

LONDON, Ontario–(BUSINESS WIRE)–As Canadians head into the summer months, the used vehicle market is facing increasing pressure, as economic conditions become more challenging nationwide. The June CARFAX Canada Used Vehicle Market Insights Report reveals that while prices remain elevated compared to pre-pandemic levels, they have generally plateaued so far this year and have come down significantly from 2025. In April, 30.9% of used vehicles listed for sale had reported damage, with an averag