Used prices are down 6 percent on average: Now there are more cars for less money again

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New car or used? Hundreds of thousands of drivers ask themselves this question every year. Because on average, approximately 300,000 new and 800,000 used cars are registered each year. The question is also about a lot of money. “Handelzeitung” in April, as the average price of a new car in Switzerland is 59,900 francs. This is about 1.5 percent more than the previous year.

As a comparison by Comparis.ch shows, development in used cars is going in the opposite direction. Prices here fell by an average of 6 percent in the first quarter of this year. Reason: The new car delivery situation has eased, more used cars are on the market, which has a positive effect on prices.

So, if you buy a well-maintained and well-maintained used car today, you’re making a smart financial decision. “In addition to quick availability, attractive prices currently speak for a used vehicle,” says Farie CEO Johannes Weirather. “We are also observing that the range of offers in the market has increased significantly. It’s very good timing for anyone looking for a car right now.”

More cars for less money

Buying a used car pays off, as new cars depreciate so much in the first year and are still around 50 percent off list price three years later. The only question is how to find the right car. Nearly 270,000 used vehicles were offered in the first quarter alone. That means a lot of effort: sacrificing free time to scan through hundreds of ads, compare prices, and have your dream car on the spot.

Swiss start-up Farie shows that there is an easier way. Trading in the online shop for cars is 100 percent digital. Choose, check, order, have it delivered and you’re on your way. Because Farie buys the car on demand and takes out insurance. Automated and professional processes ensure quality and attractive prices for used vehicles.

“The road to the car is already digital”

For Johannes Weirather, online car sales are the logical continuation of well-established consumer behavior. “Also, many customers are already using the internet to buy their own car. There they are investigating everything about the vehicle.” Unlike most dealers, the car can also be ordered online from Farie. If desired, it can be easily applied even for digital financing. The rate shown in the offer corresponds to 100 percent of the rate in the rental contract.

It’s well received, Weirather says, even if many people are still not familiar with buying cars online. In fact, customer feedback is positive. “At first it was a bit special to order my car online like clothes. But I would do it again,” writes one buyer.

If you have any questions about cars, the Farie concept, money back guarantee or financing, we will be happy to advise you in person via phone, chat or email: professionals are available. And if you wish, you can see the car of your dreams on site at Studen BE or arrange a test drive. But this is not necessary, because the startup also offers the usual service of an online store when it comes to the right to return: there is a 14-day money-back guarantee. Buyers can thus thoroughly test their cars in daily life. If it doesn’t fit, Farie takes the car back. Weirather emphasizes in an interview that this is probably the reason why most customers have given up on test drives.

The delivery service completes the online shopping experience. For 250 francs, the car can be delivered to the desired address anywhere in Switzerland, or if you don’t like it, it can be picked up again.

transparent prices

All used vehicles offered are checked against a standardized 310-point inspection and are guaranteed for at least 12 months. The condition of used cars is listed in detail, with signs of use and service history, if any, documented in detail. With Farie, all the details about the offers are visible at a glance – and the price is transparent.

This makes it easy to buy a well-maintained used car and save money in the process. If the current offer does not have the desired tool, customers can set a personalized reminder. Because the online store is constantly getting new deals. And if you want to sell your car: With Farie, you can find a guide value using the used calculator or order a quote right away.

Source: Blick