Low wholesale supply keeps vehicle price declines less steep than usual
Image courtesy of the company.
Thursday, Nov. 19, 2020, 03:48 PM
Joe Overby, Senior Editor
MARKHAM, Ontario -
Wholesale vehicle prices in Canada have now fallen for five straight weeks, but take that trend with a grain of salt. According to Canadian Black Book’s latest weekly COVID-19 Market Update, the declines are lower than seasonally expected and pale in comparison to November 2019, thanks to basic supply and demand (more on that later). […]