Andrew MacIver

With gas in my veins and music in my heart. Life's a journey so enjoy the ride! One half of BNN's small business reality TV series Bargain Brothers.

[Ride Time @Ride_Time]

We had a VERY interesting interaction about our furniture today.

Don't be a Karen and miss out on great deals!

#fordexplorer #angrycustomer #customerexperience

[Ride Time @Ride_Time]

Customer came out of NOWHERE with a Civic - Prius deal.

We make sure to be ready at all times.

#usedcartrade #hybridcars #ubervehicle

[Ride Time @Ride_Time]

Had to give this guy a reality check on the price of Stelvios.

He couldn't handle the harsh truth about his vehicle.

#cartrade #alfaromeostelvio #vehiclevaluation

[Ride Time @Ride_Time]

😙✌️

#genz #fyp #trend

[Doug MacIver @dougmaciver]

🚨#BREAKING🚨 Used Car Prices Are Surging Across Canada | According to BLACK BOOK CANADA 🇨🇦 the national average retail price for used cars has jumped from $34,000 in early March to $37,500 as of April 22nd—a $3,500 spike in just six weeks.

What’s even more shocking? The number of available used vehicles has remained steady at around 220,000. That means demand is surging, not supply.

This isn’t a drill:
• Prices held flat for weeks
• Then March 18th hit—and the market took off
• We’ve seen four straight weeks of increases, with no signs of slowing down

If you’ve been thinking about buying—or even trading—now’s the time to lock in value before this trend continues.

Shop smart. Shop local. Ride Time.

National Average Used Car Retail Price:

January 7th 2025: $34,950
January 14th 2025: $34,950
January 21st 2025: $34,950
January 28th 2025: $34,500
February 4th 2025: $34,500
February 11th 2025: $34,490
February 18th 2025: $34,000
February 25th 2025: $34,000
March 4th 2025: $34,000
March 11th 2025: $34,000
March 18th 2025: $35,000
March 25th 2025: $34,950
April 1st 2025: $34,750
April 2nd 2025: 🚨 AUTO TARIFFS 🚨
April 8th 2025: $35,500
April 15th 2025: $36,300
April 22nd 2025: $37,500

[Andrew MacIver @_andrewmaciver]

@dougmaciver @MarkJCarney @grok @AskPerplexity

[Andrew MacIver @_andrewmaciver]

@yyzsportsmedia @Tesla @elonmusk Availability will be your biggest issue, Dealers are still dealing with inventory issues especially on the popular EV models. In the space it’s hard to beat Tesla. Prices might not have moved recently but they have come down massively from the peak.

[Ride Time @Ride_Time]

🎥 Celebrating Life: Honoring My Dad’s Legacy

Family is at the heart of everything we do. Watch this heartfelt moment as we reflect on my dad’s incredible legacy in Episode 2 – Winter Wonderland?. ❤️

Catch the full episode here 👉 https://t.co/FRErpbIVlT

With @_andrewmaciver & @dougmaciver
#BargainBrothers #RideTime #Winnipeg #FamilyLegacy

[Andrew MacIver @_andrewmaciver]

This will prevent customers from trading in 🚗’s because they don’t have the extra 💰 to put down. Forcing them 2 stay in their 🚗’s 4 longer. This isn’t terrible unless they stop paying for it. People typically find a way to pay for a car they ❤️ not so much for a 🚗 they hate.

[Andrew MacIver @_andrewmaciver]

Negative equity is coming back in a big way.

Why? Not only are retail prices are falling, but Blackbook says wholesale prices are falling and falling rapidly.

Why does it matter what Blackbook says?

Blackbook 👏🏼 controls 👏🏼 the 👏🏼 🚗lending 👏🏼market 👏🏼 in 👏🏼 Canada 👏🏼 !

[Andrew MacIver @_andrewmaciver]

So there is a fundamental disconnect between what Blackbook thinks and what the dealer thinks about the value of the 🚗.
So if the 🚗 advances for 26500 and the retail value of the 🚗 is 26000. Anything over 500 of negative equity will have to come up in cash down.

[Andrew MacIver @_andrewmaciver]

Right now according to Blackbook the average used car price is $34,500.

Over the last two weeks the wholesale average has dropped 0.7%.

But remember cars advance 140%. Meaning the .7% is actually .98% retail. Or $690 loss in purchasing power.

[Andrew MacIver @_andrewmaciver]

@RealTracyMyers So amazing, enjoy the show.

[Andrew MacIver @_andrewmaciver]

@mike82773355 @GuyDealership We tried hourly, then found our shop efficiency was in the 🚽. We instituted an efficiency bonus and it was a game changer. Techs like everyone else need motivation to turn the 🔧 faster.

[Andrew MacIver @_andrewmaciver]

@andrewgordonmac @Uber 2/ Dealers are able to + liquidity to an illiquid market. They are able to put real 💵 behind trades, handle - equity, and rehab 🚗‘s for the next buyer. EVs bring their own challenges they only get more complex as the fleet ages. Most r not aware of what that will truly 👀 like.

[Andrew MacIver @_andrewmaciver]

@andrewgordonmac @Uber The used market has been a scary place the last few years. Dealers who were adopters have been rocked w/ massive depreciation from huge price discounts on new. This has turned some off completely. 1/

[Andrew MacIver @_andrewmaciver]

@GuyDealership All the more prophetic listening to the pod with Joel Bassam from Easterns Automotive when he said their goal was just to survive.