TORONTO — Used automobile gross sales elevated 5 per cent final yr amid semiconductor shortages that hampered the brand new automobile market and drove consumers to used automobile heaps, in accordance with DesRosiers Automotive Consultants.

A survey of 450 members of the Used Automotive Sellers Affiliation discovered that a mean of 250 used autos per franchised and impartial vendor had been bought in 2021, up from 238 a yr earlier. In contrast with 2019, gross sales had been down eight per cent from a mean of 273.

The report says impartial sellers noticed weaker progress than franchised sellers final yr as a result of they lack off-lease trade-ins, and subsequently have a tougher time sourcing used autos.

Common gross sales are anticipated to climb to 256 per vendor this yr, with impartial sellers forecasting beneficial properties and franchised sellers foreseeing small decreases.

The survey additionally discovered giant value will increase throughout completely different used car segments with greater than half of sellers saying pickup truck costs elevated at the least 20 per cent.

Most sellers say costs for used SUVs and passenger vehicles elevated 11 to twenty per cent.