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The Average New Car Transaction Price Passes the $48,000 for the First Time

Mercedes-Benz dealerships
The exact average price is $48,043. Back in October, the average price was $45,000. This average transaction price is alarmingly high. Not that long ago, $48k-$50k was enough to purchase a really nice car – I’m talking top-spec 2005 BMW 330xi money. https://motorillustrated.com/the-average-new-vehicle-monthly-payment-is-712-in-the-us/100634/ Despite tough and...

The Average New Vehicle Monthly Payment is $712 in the US

New car prices have been rising consistently over the last year. This amount excludes insurance, maintenance, fuel, and other expenses. If you’re shopping for a new vehicle at the moment, you’ll probably have quickly noticed that cars are far more pricier and expensive than...

Average New-Vehicle Transaction Price Soars To $40,000

Mercedes-Benz dealerships
The shift to SUVs and trucks is partially responsible. Also, desirable latest tech and features are pushing prices up. Used car prices are near $28,000. It seems almost unbelievable that the average transaction price for a new vehicle has reached this point, and in...

Study Shows Average New-Car Price in Canada is $40,490

Best-selling cars in Canada - Ford
Average new-car price increased by 2.3% over the last year Highest new-car prices are located in Alberta, Manitoba and Saskatchewan Lowest new-car prices are located in Quebec and Atlantic Provinces The average new-car price in Canada, which rounds up cars, SUVs and trucks, has...

2020 Porsche Taycan 4S Introduced at a Lower Price

Porsche Taycan 4S
The 2020 Porsche Taycan 4S has less power than the Turbo and Turbo S variants, but it's offered at a much more accessible price point. Hot off the media launch of the 2020 Porsche Taycan, initially available in Turbo and Turbo S variants, the German...

Pricing For The 2020 Ford Escape Starts At $28,549 CDN

2020 Ford Escape Hybrid
The all-new, next-generation 2020 Ford Escape will have a starting price of $28,549 in Canada. Last Spring, Ford created a small town they called Escapeville to launch their next-gen Ford Escape. The completely redesigned Escape features a lot of new technologies to make it best-ever. “This...

2020 Kia Forte Sedan And All-New Forte5 Hatchback GT Trim Pricing Announced

The compact car segment continues to heat up with the addition of GT trims on both the Kia Forte sedan and all-new Forte5 hatchback There was a time when hatchbacks were on life support. The few that remained, less than a decade ago, were generally...

2020 Land Rover Defender Canadian Pricing Starts At $65,300

Land Rover
The all-new Land Rover Defender is making a comeback in North America and the pricing was just announced. Unveiled earlier today at the 2019 Frankfurt Motor Show, the next-generation 2020 Land Rover Defender is set to hit Canadian dealerships in five trims. They are Defender...

2020 Chevy Corvette C8 Will Start At $69,998 In Canada

Up until now, all the news surrounding the new 2020 Chevy Corvette C8 was good. It just got better. It’s been impossible to ignore all the recent news published on the new Chevy Corvette C8 and the final piece of today’s puzzle was revealed to...

Hyundai Kona EV Price Reduced to Meet Incentive Rules

2019 Hyundai Kona EV
The Hyundai Kona EV had a major pricing problem that's now solved. Starting at $45,595, the Hyundai Kona EV was 595 $ over the government of Canada's $45,000 limit for a recently announced $5,000 incentive on electric vehicles starting May 1. With the new Kia Niro...