Looked up several sources such black book, car gurus, auto trader and noticed that US market shows way more aggressive price drops rather than Canadian.
E.g. the latest weekly data shows that it was:
-0.43% drop (average -0.37%) for Canada
https://www.canadianblackbook.com/market-insights/market-insights-11-1-2022/
-1.19% drop (average -0.54%) for US
https://www.blackbook.com/market-insights/market-insights-11-1-2022/
Is it just a lag and I should wait?
E.g. the latest weekly data shows that it was:
-0.43% drop (average -0.37%) for Canada
https://www.canadianblackbook.com/market-insights/market-insights-11-1-2022/
-1.19% drop (average -0.54%) for US
https://www.blackbook.com/market-insights/market-insights-11-1-2022/
Is it just a lag and I should wait?