Are you in the market to buy (or sell) a Audi Q5 in Johannesburg? Vehiclus surveyed the used auto market of all towns in South Africa to determine a pricing profile of various Audi models depending on their age, technical condition, optical condition, and mileage. If you want to optimize your profits when selling your Q5 (or to make sure to not be ripped off when buying a Audi Q5) it is of value to know all value-determining variables.
Johannesburg is a city with 2026469 inhabitants. However, there are not many Audi Q5 for purchase on the market. Hence, the supply is low and the demand depends on a multitude of parameters such as car model reputation, mileage, and reliability.
As described in the figure below, cars of the manufacturer Audi and especially of the model Q5 depreciate in a very predictable process. The mean price of the Q5 will be decreased by up to 13% ($57,024) after just 1 year. After 3 years, the car typically is valued at 64% of its original asking price ($42,669) while it will only be valued at 29% of the MSRP after 7 years ($18,519). The Q5's value after twelve years is only 12% of its first price depending on its condition of course.
Another way to analyze vehicle depreciation is to look at the loss of value vs kilometers driven. The Audi Q5 depreciation curve below shows this phenomenon for Johannesburg. The Q5 looses most of its resell price (ca 45%) within the first 20,000miles (30,000km) of its mileage. The mean price for a Q5 at that usage level is approximately $36,568. After that the depreciation slows down: at 90k kilometers the Audi Q5 is valued for $22,873 in Johannesburg and for $10,600 at 180,000km of mileage.
The last factor that heavily influences the price of a used car is the technical and optical condition of the vehicle. The table below shows the deflation of a Audi Q5 according to its year and its condition.
|Vehicle Year||Audi Q5 Condition|
|Audi Q5 variations:|
|Q5 2.0 TDI (170 ch)|
|Q5 V6 3.2 FSI (270ch)|
|Q5 V6 3.0 TDI (240ch)|
|Q5 2.0 TDI (143 ch)|
|Q5 2.0 TFSI (211ch)|
|Q5 2.0 TFSI (180ch)|