| Study Period | 2019 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Market Size (2025) | USD 5.08 Billion |
| Market Size (2030) | USD 6.73 Billion |
| CAGR (2025 - 2030) | 5.80 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Switzerland Used Car Market Analysis
The Switzerland Used Car Market size is estimated at USD 5.08 billion in 2025, and is expected to reach USD 6.73 billion by 2030, at a CAGR of 5.8% during the forecast period (2025-2030).
Over the medium term, the growing trend of digitization across the country is likely to influence positively the sales of used cars during the forecast period. Moreover, factors such as a surge in demand for younger used cars, easy availability of financing options, acceptance of electric and hybrid used cars, and others are expected to offer new opportunities for players operating in the market over the coming years.
The rise in income levels, increasing demand for luxury cars, shorter car ownership periods, booming import-export, and a growing preference for two-wheeler owners to upgrade to small and compact cars drive the growth of the market.
The growing demand for luxury cars, shorter car ownership periods, booming import-export, and a growing preference for two-wheeler owners to upgrade to small and compact cars are expected to drive demand in the market.
A few notable trends, including a shift toward online buying, technological advancements, and reduced rates for car insurance premiums, have also been observed to help the market recover during the forecast period.
Switzerland Used Car Market Trends
Rising Trend of Digitalization to Enhance the Growth of Market
- Rapid digitization across the used car industry is expected to have a profound impact on sales of used cars across the country. The rising integration of advanced digital technologies in the buying process, coupled with growing investments in a variety of consumer-focused digital technologies such as virtual reality, technologies focused on increasing user engagement on the shop floor, etc., is expected to enhance demand in the market during the forecast period.
- Several Startups are introducing digital used car business models, such as Online car retailers, Aggregators, AutoScout24, and many other platforms that allow the user to buy a used car from a comprehensive product portfolio across these platforms. Major aggregators use online platforms to facilitate wholesalers and dealers to list their offerings in one place. For instance, in 2022, AutoScout24, one of the leading online marketplaces in Switzerland received around 25 million visitors. The marketplace advertised more than 7,50,000 vehicles in 2022.
- Further, with the introduction of automated systems that include LCD touch screens, bar codes, and RFID in customer data, auto dealerships are expected to improve their business efficiency by enhancing their customer relationship and retention levels across the country.
- The OEMs and dealers of used cars have started giving the option to test-drive and inspect the vehicle and the ability to obtain multiple clear photos of it, along with detailed, factual data on elements, such as service maintenance and accident history, which, in turn, is likely to witness major growth for the market during the forecast period.
- The introduction of new technology such as Metaverse in automotive enables consumers/buyers to virtually visit their desired cars by the modes of hypothetical iteration. This allows the user to access the complete condition of the car remotely or from a technology store of the after-market or OEM. This is anticipated to witness significant growth for the market during the forecast period.
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Strengthening of online Infrastructure Likely to Have Positive Impact on the Market
- With growing smartphone and Internet penetration across the country, the used car market is getting more organized, and with the growing proliferation of the Internet and smartphones, used car retailers are focusing on using digitalization to make their market offerings attractive, which in turn is likely to witness major growth for the market during the forecast period.
- The trend of online purchasing a used car through apps has improved over the period. App developers have been designing mobile applications with more advanced features that offer more vehicle availability and comparable vehicle costs on a single platform. However, many middle-class people will eventually reach the point where they will need to move from a motorbike to a vehicle, which is likely to enhance the demand for used cars in the coming years.
- Many multi-brand and independent dealerships are anticipated to enhance their web presence to participate in the online used vehicle market. Some dealerships are investing in their websites and Instagram profiles in addition to offering their used vehicle inventory on internet platforms.
- Used vehicle platforms are expected to focus on establishing a transactional marketplace to enable 100 percent online end-to-end transactions without having to visit showrooms from the comfort of their homes.
- Also, COVID-19 has further aided the used car market owing to lockdowns and restricted movement, which made most dealers rely on internet inquiries and bookings to boost sales. Virtual tours and remote inspections are being made available through online portals, and home delivery services are being offered by enterprises, including OEM-certified/authorized dealerships.
- Such developments and active instances concerning used car dealers and operators across the country are anticipated to poise notable demand in the market during the forecast period.
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Switzerland Used Car Industry Overview
Switzerland's Used Car Market is dominated by several key players such as Emil Frey AG, AMAG Automobil und Motoren AG, ALD Automotive, CAR FOR YOU AG, Auto Kunz AG, and Others. The rapid expansion of used car dealerships across the country is likely to witness major growth for the market during the forecast period. For instance,
In July 2023, Volkswagen Financial Services AG acquired a 50% stake in movon AG, a subsidiary of AMAG Leasing AG in Switzerland. Through this acquisition, AMAG Leasing focuses on fleet leasing and full-service solutions for customers and digital tools for fleet owners and dealers.
In May 2023, ALD Automotive acquired 100% of LeasePlan, one of the world's leading fleet management and mobility companies. Through this acquisition, ALD Automotive will bring digitization to enhance the sale of new and used cars.
Switzerland Used Car Market Leaders
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Emil Frey Ag
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AMAG Automobil und Motoren AG
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ALD Automotive
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CAR FOR YOU AG
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Auto Kunz AG
- *Disclaimer: Major Players sorted in no particular order
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Switzerland Used Car Market News
- July 2023: Noviv Mobility AG entered into a collaboration with Zurich Insurance Group in Switzerland. This partnership enables the company to provide comprehensive insurance protection to its Business-to-Business (B2B) consumers.
- March 2023: Emil Frey AG joined forces with iptiQ, a prominent business-to-business (B2B) digital insurer, to introduce a digital insurance solution called Emily Frey Protect. This strategic move offers insurance services for both new and used car buyers.
Switzerland Used Car Industry Segmentation
A used car is a pre-owned vehicle that has previously had one or more retail owners. These cars are sold through a variety of outlets through independent dealers, online sales channels, and others.
The Switzerland used car market is segmented into vehicle type, vendor type, and fuel type. Based on the vehicle type, the market is segmented into hatchbacks, sedans, sports utility vehicles, and multi-purpose vehicles. Based on the vendor type, the market is segmented into organized and unorganized. Based on the fuel type, the market is segmented into gasoline, diesel, Electric, and others.
For each segment, the market sizing and forecasts have been done based on the value (USD).
| Vehicle Type | Hatchback |
| Sedan | |
| Sport Utility Vehicles (SUVs) | |
| Multi-Purpose Vehicles (MUVs) | |
| Vendor Type | Organized |
| Unorganized | |
| Fuel Type | Gasoline |
| Diesel | |
| Electric | |
| Other Fuel Types |
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Switzerland Used Car Market Research Faqs
How big is the Switzerland Used Car Market?
The Switzerland Used Car Market size is expected to reach USD 5.08 billion in 2025 and grow at a CAGR of 5.80% to reach USD 6.73 billion by 2030.
What is the current Switzerland Used Car Market size?
In 2025, the Switzerland Used Car Market size is expected to reach USD 5.08 billion.
Who are the key players in Switzerland Used Car Market?
Emil Frey Ag, AMAG Automobil und Motoren AG, ALD Automotive, CAR FOR YOU AG and Auto Kunz AG are the major companies operating in the Switzerland Used Car Market.
What years does this Switzerland Used Car Market cover, and what was the market size in 2024?
In 2024, the Switzerland Used Car Market size was estimated at USD 4.79 billion. The report covers the Switzerland Used Car Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Switzerland Used Car Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Switzerland Used Car Industry Report
Statistics for the 2025 Switzerland Used Car market share, size and revenue growth rate, created by Mordor Intelligenceā¢ Industry Reports. Switzerland Used Car analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
