Eurotax: 2015 a bonanza for car buyers
2015 was a very special year for the local automotive industry in many respects. The surprising abandonment of the minimum euro-franc exchange rate and the introduction of negative interest rates by the Swiss National Bank proved to be a historic stroke of luck for motorists interested in buying! The rapid granting of euro discounts, list price reductions, and extremely attractive financing conditions led to a [...]
The rapid granting of euro discounts, list price reductions and extremely attractive financing conditions led to a veritable boom in demand in Switzerland and the Principality of Liechtenstein: The 323,783 newly registered passenger cars even mark the second-best result since the turn of the millennium.
The falling price level for new cars had a delayed effect on used cars, which also boosted demand. A new all-time high was set in 2015 with 859,500 changes in ownership. At the same time, however, the number of used cars on the road increased.
slightly by 1.1% year-on-year to an average of 95 days.
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Photo: Archive
