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What's driving up car prices to record levels in Canada?

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Buying a car is tougher than ever, as both new and used car prices are higher than ever.

The average price of a new vehicle in Canada is now roughly $62,000, while a used one costs about $39,000 according to Auto-Trader.

Touria Izri explains what's fuelling high prices and low supply, how long some drivers have to wait to get a new automobile and what's created the pothole the auto industry is struggling to steer out of.

For more info, please go to https://globalnews.ca/news/9768379/car-dashboard-future-radio-entertainment/

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#GlobalNews #Cars #Canada
Category
U.S. & Canada
Tags
global news, cars, economy
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