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This dramatic change in habits shows the median used car price in Canada at $17,995, which is a 4.8% decrease on last year and a 4.7 per cent decrease from May to June. The price of new cars has also gone down by 0.1% on last year’s figures to $39,075.
A used car loan is availed when a customer wants to purchase a used car from a dealership. The loan provider pays the amount in full to the dealership which is due after down payment
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