Demand is healthy, but with microchips frustratingly unavailable and parts shortages becoming downright expected, incentives decrease, transaction prices soar, and pre-owned values escalate. Buyers looking to trade their three or four-year-old pickup are entering a decidedly warped market in which their vehicle is worth far more than one could have ever anticipated; but also a market lacking replacement options.
Consequently, third-quarter auto sales fell 12 per cent, a loss of some 60,000 units.
Familiar names nevertheless top these lists of Canada’s five best-selling vehicles through 2021’s first nine months. Yet never has the onset of a fourth-quarter presented quite so many unknowns. Is this the order in which these high-volume vehicles and brands will finish 2021?
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