AutoScout24 raises hope: Will new cars be cheaper in 2024?

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Business with new and used cars in Switzerland continued to normalize last year, with a noticeable increase in new cars advertised on the AutoScout24 online marketplace (+13 percent compared to 2022).

But even though more new vehicles are now available on the platform following delivery bottlenecks two years ago, average asking prices have continued to rise by 5 percent for new cars and 4 percent for used vehicles across nearly all vehicle categories. Last year the cost of a new car was on average 60,600 francs, while used cars set a new price record at around 37,000 francs on average.

E-situations have become cheaper

Interesting: While gasoline engines (+12 percent), plug-in hybrids (+6 percent) and fully electric vehicles (+10 percent) became noticeably more expensive for new cars last year compared to 2022, the price of second-hand electric cars The spiral reversed, showing a slight decline for the first time (-2 percent). The average tariff for a used electric car is set at around 54,000 francs in 2023.

AutoScout24 General Manager Alberto Sanz de Lama gives car buyers hope for this year: “The increase in new car ads on our platforms is a clear indication that the stock situation at car dealerships has changed positively for consumers.” The better availability of new cars not only provides a wider choice but may also be an indication that prices are likely to fall in the coming months. Analyzes AutoScout24: “The first discount campaigns at dealers indicate that prices may correct downwards in the coming months.” In other words: New cars should finally get a little cheaper again this year.

Source: Blick