Originally Posted by debunn
If you're looking for a used vehicle (which it sounds like you are) and you can afford to wait a bit, you might want to buy one in February. Used car prices are historically lowest in February as the weather is usually the worst for looking at cars, and the new year has added another year to it's age. If you're looking at a trade in though, the same thing will apply to your own vehicle...
Solid advice ! Maybe wait 1 week after the Toronto Auto show. There maybe a mass price reduction in 2011 and earlier models.