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April 23, 2020 by Allan Janssen[FONT="][/FONT][h=1]Average price of new car in Canada now exceeds $40,000[/h]
[FONT="]The average selling price of a new light vehicle in Canada now exceeds $40,000, according to DesRosiers Automotive Consultants.[/FONT]
[FONT="]The data company found that at the end of 2019, the average light vehicle sold for $40,941. In 2015, the average price of a passenger vehicle was $34,794.[/FONT]
[FONT="]DesRosiers says the increase has been driven primarily by the growing consumer preference for light trucks which, with an average selling price of $43,565, are significantly more expensive than passenger cars ($33,090).[/FONT]
[FONT="]Alberta noted the most expensive light vehicles sold on average for 2019 at $45,170 with the most expensive light trucks at $46,920 and the second most expensive passenger cars at $34,586. By contrast, Nova Scotia noted an average new vehicle price of $37,025 with an average passenger car price of $28,291 and a light truck price at $40,400.[/FONT]
[FONT="]The average selling price of a new light vehicle in Canada now exceeds $40,000, according to DesRosiers Automotive Consultants.[/FONT]
[FONT="]The data company found that at the end of 2019, the average light vehicle sold for $40,941. In 2015, the average price of a passenger vehicle was $34,794.[/FONT]
[FONT="]DesRosiers says the increase has been driven primarily by the growing consumer preference for light trucks which, with an average selling price of $43,565, are significantly more expensive than passenger cars ($33,090).[/FONT]
[FONT="]Alberta noted the most expensive light vehicles sold on average for 2019 at $45,170 with the most expensive light trucks at $46,920 and the second most expensive passenger cars at $34,586. By contrast, Nova Scotia noted an average new vehicle price of $37,025 with an average passenger car price of $28,291 and a light truck price at $40,400.[/FONT]