Retail

Canadian car buyers set to flood used market as tariffs threaten to add $6,000 to new-vehicle prices

Used-car sign
The percentage of used Canadian stock shipped south of the border fluctuates based on the exchange rate. (GREG LAYSON)
March 19, 2025 01:09 PM

The trade war ignited by U.S. President Donald Trump is poised to hike assembly costs for automakers in North America, raising prices for new vehicles in Canada and sending buyers flocking to the relative safety of the used-car market.

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