Trends, technology, savings tips: Want a new car? You should know this!

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This is paid content offered by Carvolution
“A car subscription is always cheaper than the total rental cost,” Carvolution co-founder Léa Miggiano is convinced.

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Cost

Consumer goods, rent, health insurance, energy, VAT, etc. Due to the increase in costs, the total costs of the vehicle play an important role. In addition to purchase costs or down payments and lease, there are also taxes, insurance, maintenance and service. As the 2023 Swiss mobility barometer shows, total costs are often greatly underestimated. Vehicle owners expect around 300 francs per month for depreciation, maintenance, insurance and taxes (excluding fuel and parking costs). In fact, according to TCS calculations, the monthly cost of a middle-class car is around 635 francs.

For comparison: Ford Puma ST-Line Carvolution now offers down payment for some vehicles and the monthly fixed price is correspondingly lower; Ford Puma ST-Line

In total, the Swiss subscription provider offers more than 15 models for under 635 francs per month. This shows that the car subscription is quite attractively priced.

So if you prefer to keep your money in your bank account, you don’t have to rely on leasing, you can buy your dream car via subscription. The advantage over buying and leasing is that costs such as full insurance, taxes, tires and tire replacements are already included in the monthly subscription price. You no longer have to worry about value or resale after the term ends.

With its best price guarantee, Carvolution also promises that customers will get the best deal for their subscription and pay no more overall than leasing. The background to the proposal is the widespread prejudice that subscription is more expensive than renting. But Carvolution co-founder Léa Miggiano says the comparison is flawed because the subscription includes insurance, registration and taxes, service and maintenance, as well as tire costs.

If you want to do the math, you can find sample total cost comparisons on the website. The 3-year savings potential for the Ford Puma mentioned above is 242 francs per month.

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cars

The Geneva Motor Show was lively: electric cars dominated and there was a glimpse of the increasingly digital automotive future. Given the rapid technological advances in batteries, drives and software, flexible terms compare favorably to purchasing a car subscription.

Carvolution added Mini Cooper SE, Smart Brabus #1 and Skoda Enya 85x to its electric car fleet at the beginning of 2024. Also, Smart Brabus #3 and perhaps the cult car Renault R5 will soon expand the electric fleet. Also now available is the large Ford Tourneo Custom Titanium and a range of Volvo models available on subscription.

There is a subscription for the right tool for every need. From cheap, well-equipped small cars to high-quality sedans, there’s something for everyone. Regardless of the brand and model, the affordable cost structure and the elimination of high initial investment make vehicle subscription even more attractive.

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Use it instead of yourself

Most of us live in rent. We have fixed prices for music, movies and news. Rent equipment for your ski holiday and chalet. Driving a car instead of owning one is becoming normal, as is the case with other consumer goods. According to market research and automobile experts, the subscription model will reach up to 40 percent market share in the next few years.

With a selectable term from 3 to 48 months and a customizable mileage package, a Carvolution vehicle subscription offers greater flexibility than leasing with full cost control. The fixed price includes amortization, taxes, insurance, maintenance, service, tires and first vignette. Unlike renting or carpooling, with a subscription the vehicle is always available to the driver.

Availability is also an important issue when it comes to supply. If you want a new car, you need to be prepared for a longer waiting period depending on the configuration. Carvolution offers an advantage here with its wide range of new car options. It takes 14 to 21 days from the moment the order is placed until the delivery of the car used in the subscription.

Thanks to transparent prices, you do not need to visit more than one brand representative and bargain. Of course, you can also get advice from Carvolution. The fixed monthly price appears after configuring the duration, mileage package and canton of residence online. Everything is included. If you want, you can order the new car of your dreams directly online or even have it delivered.

More about Carvolution
Olivier Kofler: “Thanks to this financing, we can meet the rapidly increasing demand for our vehicle subscriptions.”
Car subscription financing
What does Carvolution do with 200 million francs?
How can you offer a car at these prices, Mr Linder?
Most frequently asked questions about vehicle subscriptions
How can you offer a car at these prices, Mr Linder?
Switzerland loves these subscription cars
small car, electric, premium
Switzerland loves these subscription cars
Léa Miggiano, co-founder of Carvolution,
4 facts about operating costs
The car costs you 1,100 francs per month

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Source: Blick

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Ella

Ella

I'm Ella Sammie, author specializing in the Technology sector. I have been writing for 24 Instatnt News since 2020, and am passionate about staying up to date with the latest developments in this ever-changing industry.

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