April Trade-In Choices Remain Stable
Dealertrack Technologies’ TradeTracker Used Vehicle Market Report for the month of April was recently released, reflecting another month of trade-in consistency for Canadian dealers.
The Ford F-150 was once again the overall most-appraised vehicle in Canada, followed by the Toyota Corolla and the Honda Civic sedan, all following three-month and year-long trends. The Ford Escape and Mazda Mazda3 rounded out the top five.
The F-150 remains the domestic vehicle most appraised by domestic dealers. The Corolla was the top import vehicle most appraised by import dealers while the Escape was the domestic vehicle most appraised by import dealers. The Mazda3 also remained in its place as the top import vehicle appraised by domestic dealers. All four of these vehicles repeated three-month and year-long trends.
As for vehicles most looked at by trade-in owners, the Escape reclaimed its position as the domestic vehicle most looked at by import owners. The rest of the stats mirrored last-month's results.
The TradeTracker brand of the month, Hyundai, reflected many of these consistencies. The Mazda3 was the off-make vehicle most appraised by Hyundai dealers, followed by the Ford Focus and the Civic sedan. Trade-in customers visiting Hyundai dealers in Canada were most interested in Hyundai’s Elantra, Tuscon, and Santa Fe, respectively.