Car buyers should be aware of this campaign

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About 4.7 million passenger cars are on the road in Switzerland. Up to 300,000 new registrations are made each year. Many of the new vehicles are leased, but more and more vehicles are used on a subscription basis. The easy route to your own car, availability and all-inclusive price are convincing more and more customers to buy a car subscription.

Carvolution co-founder Léa Miggiano has a bias about car subscriptions in particular: Compared to rentals, subscriptions are expensive. In fact, he acknowledges that the monthly fixed price may seem high at first glance. However, the subscription price includes all taxes, insurance, service, maintenance and tires. These expenses must be added to the monthly rate when renting.

Miggiano calculates this based on the three-year-old Opel Corsa 1.2 Turbo Edition: the small car is currently offered with a monthly subscription starting at 439 francs at 850 kilometers (10,200 km/year) per month.

There are online rental offers for 440 francs per month for the same model with a list price of approximately 23,000 francs. If you want to take advantage of the monthly flat rate, as with a subscription that already takes into account insurance, taxes, service and tires when renting, you will pay 724 francs per month for the rental with the All-in-one.

• Car subscription offer: 439 CHF/month
• All-in-one rental: 724 CHF / month

As the AutoScout survey for 2022 showed, car selling prices rose again: the average price of new cars rose 9 percent to almost CHF 56,000. In second-hand cars, the average price increase of 30,415 francs was even 15 percent. If you buy a car, you need the corresponding amount. Money is deposited. It is worth buying for those who want to use the same car for at least six to eight years.

With the car subscription, the total costs are known from the start. There are no unexpected expenses as the monthly fixed price includes insurance, taxes, service, maintenance and tires. The only additional cost is fuel or charging current. This is otherwise only available with full service rental. The total cost of a car is an often underestimated budget item, as research by the universities of Yale and Mannheim shows.

Professor Ferdinand Dudenhöffer from the Automotive Research Center explains: “The car subscription is simple, transparent and inexpensive for the customer.” Swiss Touring Club calculates an operating cost of approximately CHF 938 per month for a car with a new value of CHF 39,000. This includes variable costs such as fuel, depreciation and maintenance, as well as fixed costs for insurance, taxes, depreciation and parking. Even for a cheap used car, you should budget for the running cost of about 500 francs per month. This does not include purchase costs or later replacement provisions.

If you want an effective price comparison, you can order a non-binding offer for your dream car from Carvolution.

Carvolution is also feeling the effects of the difficult delivery situation in the automotive industry. Thanks to data-driven processes and preconfigured tools, industry-leading Carvolution currently has around 40 different models in stock. This means you can start driving in about 14 days after signing the contract. The selection ranges from small cars to station wagons to conventional, combustion-engined or all-electric SUVs. In the case of purchase or rental, the vehicle is prepared only after the customer has placed the order, which leads to waiting times. This effect led to a sharp increase in demand for used cars, which increased their price and also limited the choice.

Carvolution offers subscriptions for your own vehicle ranging from 3 to 48 months. This means that customers can tailor the model and usage to their needs and not have to be tied to their cars for long. The mileage package can also be adjusted monthly. This provides the greatest possible flexibility and also protects against expensive bills or unused mileage costs for extra miles on the way back.

Carvolution offers more than 50 different models to choose from. They are equipped with all modern security systems and comfort. Expensive, worthless extras and individual configurations are not used for cost reasons. Here is the difference of the subscription from the rental, the car can be configured to your own wishes, but this is reflected in the price. Customers benefit from low prices because the tool subscription pioneer supplies large volumes of tools and services and has lean, data-driven processes.

A key difference from the rental is the all-inclusive package and the flexibility of the term and mile package. A lease typically lasts 3 to 5 years and the mileage is fixed from the beginning as it affects the remaining value of the vehicle on return.

Driving a subscription car is no different than a rental or purchased car: it’s like owning your own car. It is amortized for the customer in the respective canton of residence. Service and tire changes are done at the selected shared garage nearby. Of course, family members or friends can also drive. And trips abroad are possible without any problems.

Carvolution offers around 50 subscription models, from Audi, BMW, Fiat, Ford and VW to Genesis, Tesla and Porsche. The selection ranges from small cars to SUVs. Including lots of electric cars. Non-binding offers for all vehicles can be ordered. If you have any questions, you can reach the Carvolution team by phone, video call or email. It is also possible to visit the Autohalle in Bannwil in Bern (5 minutes from the Niederbipp exit). Once all questions are answered, the ordering process and contract signing is completely digital. Just select the model, mileage package and duration and you’re on your way.

Sales of electric cars are growing rapidly, meanwhile, one out of every four new cars is a so-called rechargeable car. So all-electric or a plug-in hybrid. The best-selling car in 2022 was the Tesla Y, offered by Carvolution starting at CHF 1,148 per month. Given the technological development, there is great uncertainty about the high investment costs for an electric car. This is where the flexibility of the car subscription falls into the hands of interested parties: they can test new technology without any financial risk. If you want to know how much technological progress in cars costs, you can order a non-binding offer from Carvolution.

It is important to clarify the loading status. Many drivers live in rental homes. Accordingly, the battery cannot be charged anywhere at home. On the other hand, the network of charging stations is constantly expanding. However, considering the average driving distance in Switzerland is 37 kilometers per day, even with smaller batteries, you can stay on the road for several days without being connected to a power outlet.

In the used market, it’s worth checking out a car subscription. Carvolution also offers an online total cost calculator. Interested parties can see the comparison at a glance.

Source: Blick

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.