Why are used Audi e-tron so cheap?

[Gez79]

A friend is thinking of getting a used Audi E-tron and, as his friendly car geek, he asked me what I thought.

I warned him the range is pretty bad (under 200 miles officially, so in reality even less) but he says he's happy with that and really likes them, and to be fair the reviews of them seem pretty good, apart from the range/efficiency.

But they seem really cheap. He was looking at a black edition, 2.5 years old with around 30k on it and it's for sale will under£40k, for a car that I think was around £70k new?

And I've found a 55 quattro with loads of expensive extras, which is under £35k and from an app I have, I can see it was for sale in October 2020 for £63000 when it had 9000 miles on it.

Not quite comparing apples with apples but I bought an 18 month old Skoda Superb 280 in October 2020 from Skoda. This was just before used car prices went mad.

I've had a part ex price for it this week and I've only lost £2500 in all that time, yet that Audi e-tron has lost £30,000 over the same period!

I'm not that clued up on the electric used market, but that's a massive hit considering most used cars have barely lost anything over the same period. Is the e-tron suffering more because of its poor range or are most electric cars subject high depreciation?

[Gez79]

CheesecakeRunner said:

Gez79 said:

He was looking at a black edition, 2.5 years old with around 30k on it and it's for sale will under£40k, for a car that I think was around £70k new?

And I've found a 55 quattro with loads of expensive extras, which is under £35k and from an app I have, I can see it was for sale in October 2020 for £63000 when it had 9000 miles on it.

Tell me about any luxo-barge that retains more than half its value after a two or three years.

I think over the last 3 years almost all of them, with the big rises of used car values from 2021 onwards.

I'll check these prices for accuracy but in 2020 I have a E-tron 55 quattro retailing at £72k ish before extras, whereas an Audi Q7 50 TDI S Line was around £62k. The cheapest 2020 Q7 with less than 40k on it is £43k but a 55 E-tron is 35k ish and the 50 is £32k (which was over £60k new in 2020).

So it would seem that the electric SUV has lost a lot more money than the diesel equivalent.

[Gez79]

dvs_dave said:

Ooh…thanks for the heads up! They are indeed all of a sudden a bargain. Six months ago, not so much when I was looking and took one for a spin. Liked it a lot. One of these would suit us very well, replacing my old A8 that does mainly city work and an atrocious 9.9mpg (US Gal) average. We have 7kW home charging already as we have another EV, an eGolf just off lease that we picked up for an absolute song in 2019.

Do I have the stones to go to a full EV daily driver household?

From what I've read if you can get some wall chargers to charge two cars at once but it will half the rate so you'll only get 3.5kW.