DesRosiers Automotive Consultants has revealed how hundreds of thousands of Canadian used vehicles flowing into the U.S. are reshaping domestic markets. The 2024 data shows 40.1 per cent of exports were zero-to-two-year-old vehicles, with 34.7 per cent aged three to five years—primarily off-lease units, luxury models, and pickups.

“The unclear nature of U.S. tariffs has thoroughly muddied the waters on future patterns and consequences for the Canadian market,” said Andrew King, DAC’s managing partner.

If the trands continues!

This export trend helps maintain Canada’s car parc at 10.5 years average age versus over 12.5 years in America, noted Todd Campau of S&P Global Mobility. However, the outflow of younger vehicles reduces domestic supply, affecting used car pricing and availability.

“Importers in the U.S. have been very successful grabbing vehicles here and selling them there for profit,” Campau explained, citing strong U.S. demand and favourable exchange rates. Brand-level data will prove critical as trade dynamics evolve.

Text credit : CARS Magazine 

Picture credit : ADOBE STOCK