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Used cars getting younger in Canada

The mileage on an average used vehicle in Canada when sold has declined to about 63,000 km and it’s now about 3.4 years old.

BUYERS The mileage on an average used vehicle in Canada when sold has declined to about 63,000 km and it’s now about 3.4 years old. That’s the finding in a recent report by auto industry analysts J.D. Power and Associates.

The typical Canadian used-vehicle buyer is now 43 years old, and slightly over one-third of those buyers are female.

The average transaction price for a used vehicle has gone down to about $17,700.

 
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