• Canadian used vehicle prices fell 0.5% year over year to $33,752 in August 2026, the first annual decline since March 2025.
• Comparable vehicles cost 2.2% less than a year earlier, as depreciation outpaced buyers’ shift toward newer, larger vehicles.
• The median sale price dropped 3% to $28,999, with price declines concentrated in the cheaper half of the market.
• Alberta contributed $193 to the $158 national average price decline; Quebec offset some losses as buyers purchased newer, pricier vehicles.
• Used electric vehicles bucked the downturn, with comparable prices rising 1.2%; they were the only fuel type selling faster year over year.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Clutch Technologies Inc. published the original content used to generate this news brief on October 26, 2026, and is solely responsible for the information contained therein.