Latest news with #AutoHebdo
CTV News
4 days ago
- Automotive
- CTV News
Used car prices continue to climb in Quebec, despite cooling new car market
New cars, left, are parked at a car dealership on Friday October 11, 2024 in Quebec City.. THE CANADIAN PRESS/Jacques Boissinot Used car prices are still on the rise in Quebec, driven by strong demand and an ongoing trade war that continues to disrupt the automotive industry. As of June 2025, the average price of a used vehicle in the province had climbed 6.4 per cent year over year to $35,746. In contrast, the average price of a new vehicle dropped by 4.7 per cent, coming in at $63,284. Benoit Laforce, vice-president of the media team at AutoHebdo, told Noovo Info the current situation isn't exactly a surprise. 'At AutoHebdo, we predicted at the beginning of the year when we saw the price announcements that we could see an increase in used vehicle prices,' he said. 'With the price announcements at the beginning of the year, it was certain that the market would be put to the test.' Some used car dealerships are welcoming the uptick in prices. At Gervais Auto, for example, it's good for business. 'Given that many customers are looking at used vehicles, for us, it's actually a favour, because they come looking for second-hand vehicles,' said Samuel Gervais, the dealership's purchasing manager. He said customers at Gervais Auto typically have a budget around $23,000. Among gas-powered models, the Hyundai Elantra was Quebec's top seller in 2024, with the RAM 1500 close behind. Electric vehicles, on the other hand, are struggling. At Gervais Auto, just 5 per cent of sales are electric. And across the board, EV sales are down 45 per cent from last year, even as prices for both new and used models fall. Part of that drop is being blamed on changes to government incentive programs. 'The end of government support at both the provincial and federal levels has caused consumers to put their purchase plans on hold,' said Laforce. This hesitation, coupled with broader uncertainty around the shift to electric and hybrid vehicles, is pushing many people to hang onto their current vehicles for longer — something that benefits the auto repair industry. 'It's starting to be fun to see that we have these extraordinary machines. People want to keep them longer. Is it worth it? I think so,' said André St-Pierre, general manager at Garage Charles Turcotte. 'We're seeing more and more demand because of the change in cars. It's very encouraging; the potential is tremendous.' The trends playing out in Quebec are also being echoed in other parts of the country. - With a report by Noovo Info
National Post
12-06-2025
- Automotive
- National Post
HGreg Nissan Saint-Eustache Rewarded by AutoHebdo for Its Competitive Prices
Article content MONTRÉAL — HGreg Nissan Saint-Eustache was among the Canadian car dealerships to receive a 2025 AutoHebdo Best Priced Dealer Award, a distinction earned by retailers whose online ads stand out for their competitiveness. Article content The prize is awarded to dealerships whose vehicles displayed on the AutoHebdo platform regularly obtain the Great Price or Good Price ratings—indicators based on the analysis of thousands of offers across the country. Article content Article content 'This recognition is a testament to our continued commitment to providing our customers with vehicles at fair prices, backed by full transparency in our pricing practices,' stated Jonathan Cameron, Managing Director of HGreg Nissan Saint-Eustache. 'For us, the customer experience begins with the initial online search and continues through until the delivery of the vehicle.' Article content HGreg, which operates several dealerships across Québec, regularly distinguishes itself in this ranking. By 2024, six of its establishments had been honoured by AutoHebdo. In 2025, this number increased to nine, demonstrating the group's sustained commitment to offering competitive prices across its network. Article content F Article content Article content Article content Article content Article content Contacts Article content For additional information: Article content
