Once it has passed five years, the market price of a new Audi Q7 can be expected to fall by nearly 60%. In resale numbers, you can expect it to be worth a little over $28,000. This result takes into consideration that the Audi Q7 would cost a little below $70,000 to buy in a brand-new minty condition.
The Audi Q7 is only barely better than its younger brother, the Q5, when it comes to losing value. Whether or not you buy it straight out of the factory, it still is not a very favorable option. If you were me, I would search for a 2017 or 2018 that has been lifted from the lease. This method may save yourself a lot of money. In addition, it is best to attempt to find a Q7 that is certified and that has an extended warranty. This way, you get the value that you are really paying for.
Which Audi Q7 is Better: a New One or the Used One?
When you purchase a used Audi Q7 that is in its second year of service, you will save nearly $21,000 compared to buying it entirely brand-new. In addition, two years isn’t that long of a time; you can expect such a car to not have considerable damages done to it the moment you get the keys.
If you are planning to have this vehicle for three years, the total cost of depreciation may come up to over $20,000. So, if you’re planning to purchase one, you can try comparing the prices for different lengths of use and models to see if there’s a point where the depreciation is at its best in your favor.
The Audi Q7 is different from other competitors because it comes standard with all-wheel drive and seating for seven people. You also get a nice looking interior and some good tech features. So it makes sense that people are willing to pay more for a used one.
When is the Best Model Year for the Audi Q7?
The 2017 Audi Q7 is one of our top picks for the best value for money for the model year. By buying the 2017 model, you would pay just 53% of the money you’d have to hand over if you bought an entirely new one. Better yet: you would still have around 66% of the vehicle’s usability left. It is also a good idea to go for the 2018 and 2019 model years of the Q7, if you’re looking for the best bang for your buck.
How to Maintain the Value of an Audi Q7
While keeping an eye out for depreciation rates and car ranks can help in predicting the value of an Audi Q7, at the end of the day nothing beats making sure that you take good care of the car as an owner. This means keeping it well-maintained and in a good condition. As you would be spending quite a bit of money on this car, you want to make sure that you treat it well and take care of it.