The news: Canadian Black Book’s latest Market Insights print, reported September 15, said overall Canadian wholesale vehicle values fell 0.19% last week after a 0.05% drop the week before. Compact cars rose 0.28% and were the only car category to gain. Subcompact cars fell 0.83%. Truck values fell 0.17%. Subcompact crossovers rose 0.68% and subcompact luxury crossovers rose 1.49%. Minivans fell 0.61%. The average auction sale rate was 38.1%. Auto Remarketing Canada, citing Canadian Black Book
What it means: On September 13 I wrote that compact cars had posted their first weekly gain since early May (0.47% for the week ending September 5) and that one week was not a floor. This week answers part of that. Compacts did it again. The rest of the car segment did not — it flipped from a 0.01% uptick to a 0.21% drop, back toward the 2017–2019 pace. CBB’s own line was that the rate of decline had returned to more typical weekly levels, with auction inventory at regular-high and demand still strong for high-quality vehicles.
On a Vaughan desk that split is the Civic versus everything else. A clean compact Honda is not following the minivan or subcompact-car print. It is also not a signal that used values have turned into a rally. Two weekly compact gains inside a market that is easing again is “this segment is holding,” not “go wait three months for a crash.”
My prediction: Canadian Black Book’s next weekly Market Insights print after September 15, 2026, will not show a third consecutive compact-car wholesale gain. I will be wrong if compact cars rise again in that next weekly report.
If you’re buying right now: If you are trading a Civic, this is not a week to panic-sell into a falling compact print — the compact line is the holdout. If you are buying used, do not park a clean Honda waiting for a collapse this segment is not printing. Walk the number on what your trade is worth in Ontario and compare it with today’s best pre-owned Honda rather than a national weekly average.
Quick answers
Did used compact-car prices rise again this week in Canada?
Yes for wholesale. Canadian Black Book, as reported September 15, 2026, said compact-car wholesale values rose 0.28% last week. That follows a 0.47% compact-car gain for the week ending September 5. Compact cars were the only car category to gain last week.
Did the overall Canadian used market rise last week?
No. CBB said overall wholesale vehicle values fell 0.19% last week after a 0.05% drop the week before. Car-segment prices fell 0.21% after a 0.01% uptick the week ending September 5. The decline was still milder than the 2017-2019 average for the same week.
Should I wait for used Civic prices to crash?
Not on this print. Compact cars have now posted two weekly wholesale gains in a row while the broader market eased. That is not the pattern of a segment still falling. Confirm the actual car on a CARFAX Canada report and a written offer rather than waiting for a crash compact cars are not printing.
Want a real number on a Civic trade or a used Honda?
Send the year, trim, kilometres and whether you have a CARFAX already. I will tell you whether this week’s compact print matches the car in front of you.
Henry Chen
Sales and Leasing Executive, Maple Honda
89 Auto Vaughan Dr, Maple, ON L6A 4A1
647-523-6878 · henry@maplehonda.com
Wholesale figures from Canadian Black Book Market Insights via Auto Remarketing Canada, published September 15, 2026. Predictions are my personal read, not an industry forecast.
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