The Switzerland used car market was valued at USD 2.1 Billion in 2024 and is forecasted to reach USD 4.2 Billion by 2033, reflecting a CAGR of 7.2% during 2025-2033. Increasing new-car prices and rising demand for affordable mobility drive the market. Digital platforms and technological advancements like vehicle history reports enhance buyer confidence. Urban mobility needs and environmental awareness further boost interest in second-hand vehicles.

Study Assumption Years

• Base Year: 2024

• Historical Years: 2019-2024

• Forecast Period: 2025-2033

Switzerland Used Car Market Key Takeaways

• Current Market Size: USD 2.1 Billion in 2024

• CAGR: 7.2% during 2025-2033

• Forecast Period: 2025-2033

• Rising demand for affordable mobility due to high new car prices significantly expands market growth.

• Digital transformation via platforms and apps simplifies buying, selling, and financing.

• Fleet turnover from corporate fleets contributes to steady vehicle supply.

• Increasing affluence is boosting premium second-hand car demand from brands like BMW, Audi, and Mercedes-Benz.

• Certified pre-owned programs assure quality and increase consumer trust.

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Market Growth Factors

Overall demand for cheap modes of transport is a key driver for the Switzerland used car market, with demand increasing in response to high new car prices and the focus on price for younger and first-time car buyers. Dealerships have many strong certified pre-owned programs and warranties, which can give consumers more confidence and help the market grow.

New technologies and digital marketplaces are reshaping the buying and selling of cars, as exemplified by the joint digital platform of automobile industry players Emil Frey Digital and Mercedes-Benz. Digital platforms for listing cars, such as AutoScout24 with around 25m unique visits and over 750,000 listings in 2022, use AI and data-driven approaches to improve buyer-vehicle matches, transparency, and customer satisfaction.

A meaningful contributor to the young age of Swiss used cars is the high turnover of corporate fleets, which are often leased for 2 to 4 years. The second-hand market, supplied by an efficient secondary source, provides a reliable supply of near-new cars.

Market Segmentation

Vehicle Type Insights:

• Hatchbacks, Sedan, Sports Utility Vehicle, Others.

This segmentation provides a detailed analysis of market trends and forecasts by vehicle type.

Vendor Type Insights:

• Organized, Unorganized.

The report includes a detailed analysis of the organized and unorganized vendor segments.

Fuel Type Insights:

• Gasoline, Diesel, Others.

A detailed breakup and market analysis are provided for each fuel type.

Sales Channel Insights:

• Online, Offline.

The report covers detailed analysis and trends in online and offline sales channels.

Regional Insights:

• Zurich, Espace Mittelland, Lake Geneva Region, Northwestern Switzerland, Eastern Switzerland, Central Switzerland, Ticino.

The report provides comprehensive regional market analysis across all major Swiss regions.

Regional Insights

The report enumerates major regions: Zurich, Espace Mittelland, Lake Geneva Region, Northwestern Switzerland, Eastern Switzerland, Central Switzerland, and Ticino. However, no specific dominant region or precise market share or CAGR figures for these regions are provided in the source.

Recent Developments & News

In April 2025, Switzerland’s used car market listings rose by 4.1% on AutoScout24, with electric vehicle prices declining while overall used car prices remained stable. Alternative drivetrain sales increased, with mild hybrids up 8.1% and full hybrids 2.8%. SUVs remained popular, minivan listings grew by 12.6%, whereas estate cars declined by 1.1%, reflecting changing buyer preferences.

In July 2023, Volkswagen Financial Services AG acquired a 50% stake in movon AG, a subsidiary of AMAG Leasing AG, enabling AMAG Leasing to focus on fleet leasing with digital tools. In May 2023, ALD Automotive took full ownership of LeasePlan, enhancing its digital sales capabilities for new and used vehicles.

Key Players

• Emil Frey Digital

• Mercedes-Benz

• AutoScout24

• Volkswagen Financial Services AG

• AMAG Leasing AG

• ALD Automotive

• LeasePlan

Customization Note

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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