When it comes to value loss, the Audi Q7 performs just somewhat better than its little brother, the Q5, but it’s still not particularly compelling when purchasing new. To save a ton of money, I’d seek for a 2017 or 2018 that has been released from its lease. Additionally, look for a Q7 with an extended warranty that is “certified,” as that is where the actual value is.
The anticipated depreciation over the following ten years is shown in the figure below. These outcomes apply to cars that travel 12,000 miles annually on average and are in good condition. It also counts on a $68,451 retail price for the vehicle. Enter the purchase price, anticipated length of ownership, and yearly mileage estimate. We can estimate the Audi Q7’s projected resale value using our depreciation calculator.
In This Article...
Share
What Audi retains its value the best?
The luxury segment routinely places the Audi brand close to the top for value retention. However, the sportier versions of the A4, A6, and A8, as well as the Q series range, perform better than their more conventional and pedestrian siblings, the A4, A6, and A8. In keeping with the sports theme, the Audi R8 and TTS have fared particularly well throughout the seven-year holding period, demonstrating that even supercars can maintain their value provided the formula is rightwhich Audi has with the R8.
Our top choice for the most affordable Audi model year is the 2018. With the 2018, you would only pay, on average, 67 percent of the price as new, and the car would still have 67 percent of its usable life.
For the Audi models, the 2017 and 2016 model years are also appealing and offer a fair price. Our rankings take into account a number of variables, such as the original new price, the current price, maintenance expenditures, and the remaining years of anticipated overall spending. With an Audi model, the top-ranked model year offers the best value for the money.
Do Audis retain their value when sold?
In comparison to Audi’s SUVs, tiny cars, and performance vehicles, bigger sedans should lose less of their initial value after five years. The least valuable vehicle in the range, the 2021 A8 plug-in hybrid sedan, is predicted to retain just 34.1% of its worth, while the TT Coupe and Convertible are expected to retain 49.3 and 49%, respectively, of their value after five years. After five years, the average of the full range equals an estimated 45.7% retained value.
Land Rover46.9 Percent Retained Value (after five years)
You can rely on Land Rover to provide SUVs with true all-terrain capabilities, refinement, and flair. They reportedly also resist sharp depreciation. With a predicted resale value of 49.6%, the midsize three-row Discovery from the British manufacturerspecifically, the R-Dynamic P360 model with the turbocharged inline-six powertraindepreciates the least among its 2021 range mates. Range Rovers don’t hold their worth as well, but 469.9% of the value of the Land Rover lineup is anticipated to be retained.
Volvo47.2 Percent Retained Value (after five years)
The retained values of Volvo automobiles and SUVs varied significantly. It is anticipated that no 2021 Volvo sedan or wagon will retain more than 42.5 percent of its initial value after five years, and most will retain less than 40 percent. On the other hand, after five years, every Volvo SUV save the XC40 Recharge EV retains more than 45% of its original value. The XC90, Volvo’s largest and oldest SUV, retains a staggering 50.8 percent of its value when it is powered by the T6 twin-charged inline four-cylinder engine, according to IntelliChoice.
Mercedes-Benz47.2 Percent Retained Value (after five years)
Only a small number of Mercedes’ many models are expected to retain less than 40% of their initial worth after five years. Among the vehicles whose depreciation is anticipated to be the greatest in 2021 are S-Class automobiles, AMG GT 4-Door Coupes, and the Maybach GLS SUV. The German brand, on the other hand, has a large number of entries that retain at least 50% of their initial worth. The GLA, GLB, and GLC SUVs as well as the C63 AMG Coupe and E63 AMG Wagon maintain their value the best. The GLC300 Coupe, which is anticipated to retain 53.3% of its initial value, is the best-performing Benz in terms of resale value after five years.
Lexus53.2 Percent Retained Value (after five years)
Because Lexus shares Toyota’s reputation for dependability, this may contribute to the high value of its cars. In fact, IntelliChoice has recognized the ES300h hybrid midsize sedan, IS350 compact sedan, RC350 coupe, and RX350 midsize SUV as Lexus models with the highest retained values for 2021. Every 2021 Lexus is anticipated to keep at least 48% of its initial value after five years, with the LS500 being the sole exception (which is more than the national average).
Porsche58.0 Percent Retained Value (after five years)
Models like the 2021 911, Cayman/Boxster, Macan, and Cayenne are expected to retain more than 50%, and frequently 60%, of their initial value after five years. The employment of alternative propulsion systems is a feature shared by the Porsche vehicles predicted to lose the most value. The Taycan EV is the 2021 Porsche forecast to have the lowest maintained value: just 46.3 percent. All 2021 Cayenne and Cayenne Coupe E-Hybrids are expected to keep less than 49.6 percent of the initial value. But those automobiles are but a drop in the ocean. Porsche’s resale prices remain high because to the quantity of sturdy gas burners.
How far can an Audi Q7 travel?
When properly maintained and used cautiously, the Audi Q7 can last anywhere between 150,000 and 200,000 miles on average. If you drove 15,000 miles a year, the Q7 should last 1013 years before needing expensive repairs or malfunctioning.
Audis lose value as quickly?
Audis employ so much technology, which contributes to their depreciation. Modern luxury vehicles come equipped with a variety of cross-device integration features, screens, software infotainment systems, and power options.
Consider the first-generation iPod charger. Do you still recall the white rectangle that could only go one way? Imagine if the integrated sound and climate control system of your automobile came with one of them hanging from it. Apple CarPlay will eventually stop functioning, and that digital tachometer will appear out-of-date and tacky. And that day is quickly approaching.
The radio cannot simply be pulled out and replaced with a new one. If you own a CD player, you will always have a CD player. Vehicles with sophisticated digital systems are likely to become obsolete quickly given how quickly technology advances. Thus, just to use the things it came with, you need a new automobile every two years.
Which big SUV maintains its value the best?
After five years of ownership, the predicted resale value is 46.4 percent. The GMC Yukon, which has a luxurious interior, has just been crowned the best Full-Size SUV in the 2021 KBB Best Resale Value Awards. GM’s large body-on-frame SUVs are brand-new for 2021.
Which upscale SUV has the best resale potential?
The Top 5 Luxury SUVs in Terms of Resale Value
- GMC Yukon No. 1 GMC’s 2023 Yukon Denali Ultimate.
- 2: The Lexus LX 600, which will debut in 2022.
- Lincoln Aviator, number 3. Plug-in hybrid 2021 Lincoln Aviator Grand Touring | Lincoln.
- Mercedes-Benz GLB, number 4.
- Range Rover Velar, number 5.
Which holds its value better, BMW or Audi?
German automobiles have always been a favorite among South Africans who view them as luxurious, aspirational vehicles with exceptional craftsmanship.
The three most well-known German automakersBMW, Mercedes-Benz, and Audiproduce luxury vehicles that have an upscale appearance, wonderful engines, exquisitely designed interiors, and good safety systems.
which is all fine and good. The greatest and worst brands in terms of resale value, though? This question’s surprising answer can aid a driver in making a decision about their next German luxury car.
According to Darryl Jacobson, managing director of True Price, BMW automobiles have the lowest resale value, Mercedes-Benz vehicles are the best, and Audi vehicles fall right in the middle of the two main German automakers in terms of resale value.
His conclusions are supported by an examination of True Price data. The True Price crew goes to hundreds of bank repossession auctions year in order to give drivers honest (and free) vehicle evaluations. The True Price database has the actual prices paid on thousands of individual automobile auctions since they record each and every price paid at auction.
The data has been examined by Jacobson. The actual amount paid at auction was then computed as a percentage of the original list price. He claims that when it comes to resale prices, Mercedes-Benz is by far the winner.
In this experiment, the entire vehicle park was utilized. “We did not restrict our investigation to certain models or body types. He says, “We compared our entire BMW database, our entire Audi database, and our full Mercedes-Benz database.”
Mercedes-Benz truly outshines the opposition at a discount of 70.10 percent off the original retail price. Jacobson claims that the success of the three-pointed star did not surprise him. “Everyone likes a Mercedes-Benz, young and old. I firmly believe that Mercedes-Benz vehicles will continue to hold their value for the foreseeable future. The corporation has done an amazingly wonderful job of keeping its product line relevant and alluring to a wide audience, he notes, so it has been exciting to watch younger purchasers enthusiastically bidding on Mercedes-Benz vehicles in the past ten years.
At 62.49 percent of the original list price, Audi came in second. Jacobson says, “We see a lot of bidding on Audi vehicles on auctions. ” Many young professionals use it as their primary mode of transportation. Families also like it since they say the cars are roomy and comfy and have good after-sale service from the dealer network. On auction, an Audi is considered to be a “safe bet.” Dealers are also aware that moving the automobile should be quite simple (although, it must be said, not quite as easily as a Mercedes-Benz).
BMW had the worst resale value among the German trio, placing third with 58.65 percent.
Undoubtedly, this will shock a lot of devoted BMW enthusiasts. But it does make some sense in some ways. Even if BMW vehicles continue to be well-liked at auction, they appear to have lost their appeal in terms of exclusivity, desirability, and the bragging rights that come with owning one of these cars. Fair enough, the 3 Series is still in high demand. The 7 Series has always been difficult to resell at high prices, and the 5 Series isn’t quite as desirable. Additionally, according to Jacobson, customers believe that the X derivativesparticularly the X3 and X5are excessively pricey.
Resale value need to be one of the top considerations before buying any vehicle, according to Jacobson. “Most cars and trucks are depreciating assets. A historic or collector’s car is the one exception to this rule. A car’s value decreases the longer you own it. In actuality, the main expense associated with owning a car is depreciation. It is significantly more important than, say, the cost of servicing and maintenance. Jacobson notes that while choosing a vehicle, some customers disregard this crucial part of automotive ownership.
Neglecting vehicle resale values can have serious repercussions. “When the time comes to sell, you will receive a significantly lesser trade-in price. That much should be clear. However, keep in mind that the vehicle could possibly be stolen or declared a total loss. Resale value is a key factor in the market-related value that your insurers will give you! Noted by Jacobson.
According to Jacobson’s analysis of the results of the True Price study, purchasing a Mercedes-Benz is a sure bet. According to our research, it would be wise to get a German vehicle bearing the three-pointed star if you’re looking to acquire one. The risk of the vehicle deteriorating too much will be minimized, he says.
Which expensive car has the most resale value?
The Top Ten Luxury Vehicles for Resale Value
- After 36 months, Lexus RC58.0 percent.
- After 36 months, Porsche 91150.8 percent.
- Lexus ES48.5% after three years.
- 48.5% of Porsche Panameras after 36 months.
- After 36 months, Lexus IS46.7 percent.
- After 36 months, Lexus LS44.5 percent.
- After 36 months, Mercedes-Benz CLS-Class was 43.0 percent.
Which high-end brand has the best resale potential?
The Best Brands To Promote The top six resale brands were the same across almost all demographics. The leaders in luxury were Louis Vuitton, Chanel, Gucci, and Prada. Tory Burch and Rag & Bone led the way in modern fashion.
Which premium SUV has the lowest maintenance costs?
10 Expensive Luxury Cars With Surprisingly Low Owner and Maintenance Costs
- 6 Lexus ES 300h ($5,662 for 10 years of maintenance).
- 7 Tesla Model Y ($4,732 per year for maintenance)
- 8 Lexus RX450h ($7,634 for 10 years of maintenance).
- 9 Acura MDX ($9,820/year for maintenance)
- 10 Cadillac CT4 ($9,161 per year for maintenance)
What should I look for in a used Audi Q7 4×4?
The Audi Q7 is generally proving to be dependable, with only one or two widespread faults. This massive SUV is known for wearing out a pair of front tires in less than 7000 miles, and occasionally as little as 5000 miles.
In most cases, the edges on the outside wear out far more quickly than any other place. Audi is known to add to the expense of replacing the rubber on newer automobiles, while the specific cause is unknown.