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GoTrader Price Index: March 2024

Leave a Comment / Article / Emma Silveira

After a strong start to 2023, the demand for used cars has gradually softened since Q3 of last year. This shift combined with the rise in used inventory resulting from robust growth in new car sales and the ramp up in trade-ins of used vehicles, in addition to demand pivoting from used to new cars,

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Clarivoy Study Reveals gotrader.ca Influences Majority of Vehicle Sales in Canada

Leave a Comment / Press Release / Emma Silveira

TORONTO, ON – February 7, 2024 – gotrader.ca, Canada’s largest and most trusted automotive marketplace, is pleased to announce the results of a comprehensive study that underscores the unique value it brings to automotive dealerships in driving vehicle sales. The study, conducted in collaboration with Clarivoy, a leader in identity-based targeting and measurement for automotive

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GoTrader Price Index: December 2023

Leave a Comment / Article / Emma Silveira

After a strong start to the year, there has been a gradual decrease in the demand for used cars since the beginning of Q3. This trend, combined with the surge in used inventory due to the strong growth in new car sales throughout 2023, has resulted in six consecutive months of declining prices for used

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Canadians Are Seeking Aspirational Vehicles, Yet Buying Practically

Leave a Comment / Press Release / Emma Silveira

AutoTrader’s Top Vehicles of 2023 Indicates Car Shoppers are Balancing Optimism with Utility TORONTO, ON – December 11, 2023 – Data released today from AutoTrader, Canada’s largest and most trusted automotive marketplace, provides a revealing look at vehicle shopper preferences in 2023. In a year marked by economic turbulence and higher-than-ever vehicle prices, marketplace search

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GoTrader Price Index: September 2023

Leave a Comment / Article / Emma Silveira

After a very strong few quarters, we are observing a slight decline in used car demand since the beginning of Q3 in July. This, coupled with increased inventory volumes, has manifested itself with three consecutive month-over-month declines in used car prices. On the other hand, although the new car supply is at its highest level

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gotrader.ca Delivers First AI-Powered Automotive Marketplace Solution to Canadian Dealerships

Leave a Comment / Press Release / Emma Silveira

TORONTO, ON – August 23, 2023 – gotrader.ca, Canada’s largest and most trusted automotive marketplace, has announced the launch of Upgrade Optimizer - AI, a breakthrough artificial intelligence (AI) technology that is set to deliver efficiencies to the management, likewise spur performance for promoted dealership placements, through the gotrader.ca Listing Upgrade product portfolio. As ever,

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GoTrader Price Index: June 2023

Leave a Comment / Article / Emma Silveira

Since the start of the year, the automotive industry has demonstrated impressive resilience, driven by strong consumer demand. Coupled with lower than usual inventory levels, this has yet again resulted in increased prices for both new and used vehicles compared to the previous year. In June 2023, the average price of a used vehicle remained

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GoTrader Carology Bitesize: March 2023 Price Index

Leave a Comment / Video / Milan Brankovic

The automotive industry is constantly evolving, and staying up to date with the latest pricing trends is crucial to success. Through our GoTrader Carology Bitesize video series, we host industry experts to discuss the latest news and trends in Canadian automotive. In this episode, we’re joined by Baris Akyurek, Vice President of Insights & Intelligence

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GoTrader Price Index – March 2023

Leave a Comment / Article / Milan Brankovic

Since the start of this year, the automotive market has shown remarkable strength with robust demand leading to higher prices for both new and used vehicles compared to the previous year. The average price of a used vehicle in March 2023 remained stable compared to last month, hovering just around $39k, a 5% year-over-year increase.

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GoTrader Carology Bitesize: December 2022 Price Index

Leave a Comment / Video / Sabrina Arruda

Through our GoTrader Carology Bitesize video series we host industry experts to discuss the latest news and trends in Canadian automotive. In this episode we’re joined by Baris Akyurek, Director of Marketing Intelligence at gotrader.ca, to get a view of the latest GoTrader Price Index, detailing the vehicle pricing trends from December 2022. Baris gives

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