Plummeting sale rates at Canadian auctions point to ‘tough 6 months ahead’
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Thursday, Nov. 6, 2025, 10:57 AM
Andrew Friedlander, Associate Editor
At Canadian auto auctions, October ended with a thud. A sale at an auction was very much an exception last month, according to Canadian Black Book’s weekly Market Insights reports, as the average monitored auction sale rate plummeted below 30% in each of the month's last three full weeks — including a miniscule 22.1% conversion […]