While delivery problems are over: new and used car prices continue to rise

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Overall, delivery challenges in the Swiss auto market have been largely overcome, Autoscout24 said on Tuesday. The improved delivery situation for new cars also has a positive impact on the used car market. Overall, 11.6 percent more vehicles were advertised from January to June this year.

Electric cars recorded the largest percentage increase. However, with a total of about 27,000 e-cars advertised on the platform, electric cars still make up a small fraction of the roughly 500,000 vehicles overall.

Despite the increased supply, prices continued to rise. In the online marketplace, a new car was required to be paid an average of 1.8 percent more, and a used car had to be paid an average of 2.5 percent more. Almost all body types became more expensive – only station wagons saw a slight price drop of 0.8 percent. By contrast, a proud 11.1 percent more had to be put on the table for minivans.

Gasoline vehicle prices continued to rise, while diesel, gasoline and electric vehicles became cheaper. On the other hand, downtime in electric vehicles is the longest with an average of 70 days. A minivan’s new owner was found after just 47 days, and SUVs remained online for up to 57 days. Overall, however, the location is still attractive to sellers, both in terms of price and low downtime, hence the result.

(SDA)

Source :Blick