Callander, Ontario -- Across almost every vehicle category, wholesale vehicle prices fell last week.
Canada’s wholesale used‑vehicle market fell a steady 0.32 percent during the week ending June 28, according to Canadian Black Book.
For collision repair shops, these shifts are likely to have a direct impact on parts sourcing and estimating costs. Rapid depreciation in luxury and sporty cars may also influence repair-versus-total decisions made by insurers.
The decline was very consistent across both car and truck/SUV segments. It was led by a sharp depreciation among passenger vehicle categories.
Five of nine car segments lost more than $100 in value. Prestige luxury cars dropped $303 (0.45 percent), premium sporty cars were down $218 (0.25 percent), sub‑compact cars slid $76 (0.69 percent), sporty cars fell $185 (0.63 percent) and full‑size cars declined $133 (0.58 percent). No car segment showed gains.
On the truck and SUV side, only two segments edged upward. Minivans climbed $68 (0.26 percent) and sub‑compact luxury crossovers rose $28 (0.11 percent). Full‑size luxury crossover/SUVs lost $842 (1.20 percent), and full‑size crossovers/SUVs dropped $299 (0.69 percent).
Average auction sale rates remained low at 35.8 percent, with a wide range from 18.7 to 72.4 percent. Retail listing prices held firm, with a 14‑day moving‑average of $37,500 — unchanged from the previous week.
