Buying a new or used car in Switzerland? We'll tell you all about it!

Buying a car, whether used or new, is an important decision that depends on a number of factors, including your budget, your needs and your personal preferences. Here's a full analysis of the pros and cons of each option to help you make an informed choice in Switzerland.

Buying a new car

Advantages :

1. Reliability A new car is less likely to have mechanical problems, and if it does, it's covered by the manufacturer's warranty, which often lasts between two and five years.
2. State-of-the-art technology : New cars are equipped with the latest technologies in terms of safety, connectivity and energy efficiency.
3. Customisation You can choose the options, colours and equipment to suit your needs and tastes.
4. Financing Financing and leasing offers are often better for new cars, with lower interest rates and attractive terms.
5. Image and status : Driving a new car can offer a certain prestige and personal satisfaction.

Disadvantages :

1. Impairment A new car loses a large part of its value in its first year, often between 20% and 30%. This is a significant cost if you plan to resell it in the short term.
2. Higher prices : The initial acquisition cost is higher than for a second-hand car.
3. Insurance Insurance premiums are generally higher for new cars.

Buying a used car

Advantages :

1. Lower acquisition cost : Second-hand cars are considerably cheaper than new ones, which means you can get top-of-the-range models for the same budget.
2. Less depreciation A large part of the depreciation has already taken place, which means that the car will retain a better relative value over time.
3. Wider choice The second-hand market offers a wide variety of models, including those no longer in production.
4. Cheaper insurance Insurance costs are generally lower for used cars.

Disadvantages :

1. Reliability and maintenance : A second-hand car may require more maintenance, and it's possible that it's hiding mechanical problems. However, modern cars are increasingly reliable.
2. Limited warranty Unless you buy a car with a residual warranty or take it out as an option, breakdown cover may be limited.
3. Older technology : Used models may not have the latest innovations in safety and comfort.

Considerations specific to Switzerland

• Technical inspection : In Switzerland, roadworthiness tests are rigorous. It is crucial to check that the vehicle has been properly maintained and that it has passed the required periodic inspections.
• Tax and insurance Road tax (vehicle and CO2) and insurance can vary depending on the model and age of the vehicle. An older vehicle may incur higher insurance costs if it is perceived as less safe.
• Second-hand market : The Swiss used car market is well developed, with online platforms such as AutoScout24, Ricardo, Labonneroue.ch and Anibis offering a wide range of choices.

The choice between a new and used car depends on your budget, your tolerance to depreciation, and your preference for new technology or lower initial costs. If you're looking for a car with the latest technological advances, a full warranty, and associated prestige, opting for a new car is a good option. On the other hand, if you want to maximise your budget and minimise depreciation, a well-chosen used car may make more sense.