Market: SUVs continue to be bestsellers
The range of new cars on AutoScout24 increased by almost 2.5 percent in the short term in the third quarter of 2023. While the supply of used cars stagnated, station wagons, minivans and SUVs provided more choice.
The e-boom continues in the Swiss online marketplace. In terms of body variants, SUVs dominate the street scene and also dominate the supply market. Vehicle prices are currently showing a sideways movement, but remain at a high level. Only vehicles with alternative drive systems, such as electric vehicles or used hybrid vehicles, were slightly cheaper in the third quarter.
More new cars on offer
In the third quarter, a total of more than 319,000 vehicles were advertised on AutoScout24. The slight decrease of 1.7 percent compared to the previous quarter is due to slightly fewer used cars. The garage business continues to develop positively. New car registrations have only gone in one direction in recent months: up. On AutoScout24, the supply of new cars has also increased compared to the previous quarter. From July to September, for example, around 51,700 new cars were available on the platform.
SUVs are also in demand as e-cars
The supply of new station wagons (+11 percent), new minivans (+8.5) or new SUVs (+3) grew the most, while all body styles declined slightly in the case of used cars. SUV inventory held its own and accounted for more than a third of total supply. In the case of new cars, it even accounted for around 50 percent of the vehicles advertised.
Maurice Acker, Director Business Customers at AutoScout24, puts the figures in context: "SUVs have been established in Switzerland for some time now, and demand is still unbroken. You also have to take into account that SUVs are now available in every conceivable dimension. And we see that the current boom in new electrified vehicles is also giving the SUV range an additional boost."
Prices are hardly changed
The average prices of new and used cars hardly changed compared with the previous quarter. A new car cost an average of CHF 60,681 on AutoScout24, while the average price of a used vehicle was CHF 36,951. Average prices also remained mostly stable when looking at the various body types.
