Depreciation
The depreciation graph and accompanying table on our page detail how the 2023 AUDI SQ5's price has changed annually.
For instance, while the car initially depreciated slightly in its first year, subsequent years show a significant decrease, reflecting market trends and vehicle condition over time.
Such precise data is crucial for understanding how age and market dynamics impact car values.
The average price for new (MSRP) 2023 AUDI SQ5 in 2023 was $63,425.
The average price for used 2023 AUDI SQ5 nowadays in 2024 is $52,550 which is 83% from the original price.
Estimated mileage driven per year is 10,750 miles.
The graph below is a depreciation curve for 2023 AUDI SQ5. It shows how much this model looses per year in price. This analytics is calculated using sales records from BADVIN database.
The table below shows average price for used 2023 AUDI SQ5 in each year since the year of manufacturing, current year price and projected price in the future years.
You can scroll the table horizontally to see all columns.
| Year | Average Mileage | Average Price | % Left | % Lost | ||
|---|---|---|---|---|---|---|
| 2023 MSRP | 0 mi | $63,425 | — | — | 100% | 0% |
| 2023 | 10,750 mi | $60,999 | +$2,426 | +3.82% | 96.18% | 3.82% |
| 2024 | 21,500 mi | $52,550 | +$8,449 | +13.85% | 82.85% | 17.15% |
| 2025 | 32,250 mi | $42,750 | +$9,800 | +18.65% | 67.4% | 32.6% |
| 2026 | 43,000 mi | $42,994 | −$244 | −0.57% | 67.79% | 32.21% |
| 2027 | 53,750 mi | $36,920 | +$6,074 | +14.13% | 58.21% | 41.79% |
| 2028 | 64,500 mi | $33,125 | +$3,795 | +10.28% | 52.23% | 47.77% |
| 2029 | 75,250 mi | $27,991 | +$5,134 | +15.5% | 44.13% | 55.87% |
| 2030 | 86,000 mi | $23,994 | +$3,997 | +14.28% | 37.83% | 62.17% |
| 2031 | 96,750 mi | $21,500 | +$2,494 | +10.39% | 33.9% | 66.1% |
| 2032 | 107,500 mi | $18,888 | +$2,612 | +12.15% | 29.78% | 70.22% |
| 2033 | 118,250 mi | $17,644 | +$1,244 | +6.59% | 27.82% | 72.18% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the AUDI SQ5’s price.
With data showing detailed price points at various mileage milestones, this section helps in identifying trends and making informed decisions.
For instance, price drops at higher mileages compared to lower mileages provides insights into potential maintenance or value thresholds.
This block is particularly useful for buyers and sellers aiming to gauge the best value proposition based on vehicle mileage.
The graph below shows how mileage affects the price for 2023 AUDI SQ5. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2023 AUDI SQ5 by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 5,000 mi | $53,599 | 33 sales |
| 10,000 mi | $52,721 | 49 sales |
| 15,000 mi | $54,135 | 22 sales |
Frequently asked questions
The exterior and interior condition of vehicles significantly affects their depreciation, as well-maintained vehicles generally retain more value.
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
Depreciation directly affects the resale value of a 2023 AUDI SQ5, with faster depreciating vehicles typically having lower resale values over time.
The economic climate can significantly affect the depreciation of vehicles, with higher demand and better economic conditions typically slowing depreciation rates.
The best time of year to sell your car to minimize depreciation might be just before the release of a new model, when demand for used models could be higher.
Proper maintenance and good condition can slow the depreciation of a 2023 AUDI SQ5 by making it more attractive to potential buyers, thereby preserving more of its value.
Mileage is considered a major factor in the depreciation of vehicles because it directly correlates with the amount of use and potential wear and tear the vehicle has undergone.
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
Advanced safety features can influence the resale value and slow the depreciation of vehicles by making them more attractive to safety-conscious buyers.
The expected depreciation of a vehicle after three years can vary, but generally, cars lose a significant portion of their value within the first few years.
Other years of AUDI SQ5
2015 AUDI SQ5
$18,888 average used price
3,700+ sales records
2016 AUDI SQ5
$21,500 average used price
5,400+ sales records
2018 AUDI SQ5
$27,991 average used price
28,100+ sales records
2019 AUDI SQ5
$33,125 average used price
13,600+ sales records
2020 AUDI SQ5
$36,920 average used price
11,500+ sales records
2022 AUDI SQ5
$42,750 average used price
4,900+ sales records
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