Preview of the Guide
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Last update: August 7th, 2012.
Preview of the Complete Price Guide
The purpose of this book is to provide consumers with an essential tool for the overwhelming and often confusing used vehicle market. What is the fair market value of my car? What can I expect to get for my vehicle if I trade it in? These are two of the most common questions a car owner asks. Most of this guide is devoted to listing prices for most models from 1999 to 2009 in decreasing order. We have also included a section of money-saving tips and things to look for when purchasing a used vehicle.
2003 to 2009 models
The prices for the years 2003 to 2009 include Trade-in, Private and Retail value.
The prices in this book are based on the same level of basic equipment unless otherwise indicated. Automatic transmission, power steering, power brakes and AM/FM stereo are usually considered basic equipment. Only the options that add price value to the vehicle are listed for a particular model.
Prices vary from one province to another for different reasons such as climate, transportation cost, general cost of life, etc.
If the vehicle comes from Quebec, please substract 4% to the estimates of this guide.
Mileage on a vehicle is another important factor to consider. Prices are based on an average travel of 22,000 km per year. The difference in kilometers affects pricing at the rate of 10¢ a kilometer for the first three years (2008-2007-2004). Price is adjusted at a rate of 7¢ a kilometer for older models. (see the calculation method).
Note that the total amount to add or subtract for the kilometers cannot exceed a given percentage of the value of the vehicle. For example, $3000 cannot be deducted from a car worth $6000 on the basis of excess mileage. General rule: never deduct over 20% of the total value.
Be aware that prices can fluctuate considerably due to the condition of the vehicle (ex.: damaged vehicle). In Quebec, before concluding a transaction between individuals, it is important to verify with the Registre des droits personnels et réels mobiliers (RDPRM; 1 800 465-4949 or www.rdprm.gouv.qc.ca) if the vehicle is entirely payed or if it is offered as a loan collateral.
Click here to consult the method to follow with an particular example.
1999 to 2002 models
For the older models built between 1999 and 2002, we indicate two prices according to their mileage: High km (more than 22,000 km yearly) or Low km (less than 14,000 km yearly).
If average annual km of your vehicle is between these numbers, then the price varies in proportion of the difference. Note that the prices given are for a vehicle in good running condition.
Note: Cargo and Full size vans are estimated only from 2002 to 2008. The same goes for Full size trucks estimated in this guide. Often used commercially, these vehicles are very difficult to estimate. Their value largely depends on the use which they were put to.
1999 to 2002 truck prices, click here for consulting these prices.
Updates of this guide
Because of the constant evolution of used car prices, updates to this guide are available in this Web site throughout the year.
You will have to register to the online updates service for having an access.
Fuel consumption (F.C.)
Fuel consumption data for 2004, 2005, 2006, 2007, 2008 and 2009 vehicles are provided by the Office of Energy Efficiency of Natural Resources Canada. Special thanks for their collaboration.
These average fuel consumption figures are based on a combination of 55% city driving cycle and 45% highway driving cycle.
It is important to keep in mind that vehicles are tested in ideal conditions. In order to simulate identical driving conditions, new vehicles are "run in" for about 6000 km and tested in a laboratory using a chassis dynamometer. Adjustments are made to reflect real-world driving conditions.
We believe this new information will help automotive consumers compare average fuel consumption and choose fuel-efficient vehicles that meet their everyday needs.
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