I am trending at 25-29k for 2019 unit, so yeah, I can believe it. The second hand market for used EVs is pretty much nonexistent, hence the resale value is just in the gutter

 

i picked up my 19 etron, last sept for just over 35. Sticker on it was 82k ish........ it had a little less than 8k miles on it. This was in pittsburgh, my friend in philly drove to kentucky and pick up an S model 2023 for almost half of sticker about a month later, and it was well over 100k new. Had about 11k miles on it. resale is not good at all. I made money trading in my 19 4runner and this quite the opposite for sure.

 

I personally did not buy this car to sell it down the road, I will drive it the ground, no matter how long it takes, but I do feel for people who have to trade it in for something else.

 

my thing was i was looking to dabble with an electric car (we have gas vehicles still) and i was going through a bunch of research on evs. I wanted something nicer than a tesla, and yet roomy enough to be comfortable. There was really only the etrons that fit the bill. The range was not a big deal to me at all. I work from home mostly. Once i saw the pricing on them slightly used, it was a no brainer.

 

The 2019-2022 etron quattro resell values are also being affected by the Battery Recall.

 

I feel I got 5-$6000 more for my used A6 with 93,000 miles on it when I purchased my 22 sportback in July 22. I drove from dealer to dealer until a Nissan dealer came up with the highest number. Plus the $7500 tax credit was still available when I got mine. This eases seeing some of the numbers out there for the used etrons. With those two things it really puts my car at about 50% of what I paid, which if you look at most new vehicles 50% less is about average after 2 years. I'm keeping it and extending the warranty as I get closer to the audi warranty ending. So far the car has been rock solid for 20,000 miles and the nicest audi I have owned. Have had 7 since 2001. I have a March 22 build date but am somehow not in the recall for the battery.

 

I also got a second hand one and during COVID, just to top it off. Pricing was decent, since nobody was buying cars at the time.
I also keep ICE backup at home, for longer trips or days when it is just stupid cold and I do enjoy extra heat - that happens maybe 2-3 times a year.

 

I purchased a 2022 Sportback Prestige with 9200 miles on it 6 weeks ago for $48K. The original window sticker was $93K. The car was immaculate, one owner purchased locally so I jumped on it. I thought it was a great deal and traded in my 2023 Tesla Model Y Performance which was upside down $5K however, I really wanted to get rid of my Telsa and have no regrets. I plan to keep my Sportback for sometime and get the extended warranty. I think the preowned EV market hasn’t really normalized and overall demand for EVs is down…so the are some amazing deals out there for new and preowned EVs.

 

Yes, and the big risk is the battery condition these days. That seems to be the main problem people quote as a detractor.

 

I figure i have quite a few years to play with the vehicle. With only 11k miles currently, i still have some time. Especially with the battery warranty. So far the sunroof started leaking (super common issue, i thought the tsb was already done on mine,but i guess not) they fixed it in a timely manner and at no cost already. I absolutely love the vehicle and it spoils me everytime i drive it. I have 22" wheels going on next, and i am dropping it a little with the 034 air ride links. I should have them done this week upcoming. Also i am going to align it after the wheel swap even though this thing drives so smooth and straight already.

 

I have not contacted my Audi dealer or anyone else about this yet....

Not sure what your dealer will do about it. Process a claim under warranty perhaps?

 

there is also the tax credits so you are starting off 7500 lower even for a brand new one

 

I got mine at about 30% discount when it had 4k miles - practically a new car. After COVID it lost another 30% value. It sucks, makes me want to keep it for longer. Some guy on the forum described how he got a GT for $120K and now he lost $50K of value - now that's a bummer 😖

 

. I bought my 2022 E-tron sport back in December 2021. I also had it checked out and by dealer. They offered my low 30s. I paid $87k. I too was very shocked.
I bought my 2022 E-Tron S Sportback Prestige in June 2022 for 85K. This is top of the line and everything is included in this.
I absolutely love this car.
I decided to get a quote and see exactly where this car was valued at.
I went to Kelly Blue Book.com and I put my VIN # in and they found the car. I submitted the form and they came back with a quote of 34K. I was dumbfounded. This car is pristine and in perfect condition and this is what those pieces of garbage quoted me. What the HECK is going on!! I have not contacted my Audi dealer or anyone else about this yet but I wanted to post this here and see if anyone else has had anything like this happen to them?

 

I bought my 2022 E-tron sport back in December 2021. I also had it checked out and by dealer. They offered my low 30s. I paid $87k. I too was very shocked.

 

Dealer will always low ball you. My Q5, as an example, with a direct sale would likely pull 25k or so, while a dealer was offering 11k. I laughed in their face, that car is staying with me until it croaks.

 

So true. I sold my Q5 PHEV for 11k over what any dealer wanted to give me. Then bought a used '21 Etron Sportback for 44k. Same as the guy above; work from home, have ICE for long trips (A6). I also bought the extended warranty. Honestly, it's a great buy if you are Team Audi. Its my 4th Audi and I think it was a good value considering what's available in the luxury EV space.

 

It's a combination of factors, that is affecting all EVs, but particularly the luxury ones. There are several articles on the topic out there. But unfortunately this is due to a number of things including:
1. Tesla dropped their prices for new vehicles by over 20% - impacting the value of new EVs, and the resale not only of Tesals, but all other EVs.
2. All of the manufacturers are now switching to NACS to support charging at Tesla superchargers once that becomes available. These will be on the market in 2025. So no one wants to buy a new EV now when they'll need an adapter, again lowering the value.
3. A few studies have come out recently showing that repairing EVs which have been in accidents is significantly more expensive than repairing ICE vehicles simply because there are fewer parts and it takes a lot longer, so folks have to be in rental cars a lot longer, and in Tesla's case, because they build everything in very few parts. You have an accident, you have to replace large parts of the car.
4. Folks are expecting higher range EVs to come out in the next 2 or 3 years and don't want to buy ones with the low range because of fear of resale (which turns out to be true regardless).
5. Tax rebates in 2024 are completely in limbo, and unless you lease, you get nothing on almost all new EVs - next year this situation will change.

So yeah, we're all underwater. I got a '19 e-tron Prestige with 10k miles on it in November '22 for $58k, and thought I was getting a massive bargain. Now the same can be found for $35k, and KBB values my car at $24k trade in.

 

If you poke around CarGurus, etc. looking at used E-trons, it will become clear that they are a GREAT buy previously enjoyed (and "like new"), but in hindsight not so great to have bought new. You need to pay attention to details because the early ones started at Premium Plus, but years that followed introduced a "base" version, the plain ole Premium. Our PP is the sweet spot for me, I would hate to give up the ventilated seats and I don't really NEED the automated door closing of the Prestige (I had a big Lexus that sucked the doors closed for you, I guess useful for sneaking home late hours LOL). Although I do like the style of those huge wheels on the Prestige versions.

The introduction of a lesser model also screws up what the pricing looks like as time marches on - it's amazing to think we got a like new 20k mile decent-sized Audi SUV (kinda, sorta) that listed for 80 Grand for only mid-30s, Certified, and your assumption might logically be that a CURRENT new one must be at least 90 Grand, right? Well, visit a showroom and nope, now there's cheaper versions, just like a Tesla. 65, 70 Grand - somewhere in there. However those are missing features.

Then there's the "Sportback" they trotted out a couple years into the run. My opinion there is no different than when BMW and Mercedes did the same thing-- charging the same or more for compromised usefulness. Cutting cargo space and rear headroom. It just makes them silly in my view, and seems like they should be even cheaper in the used market as time passes.

 

I bought my 2022 E-Tron S Sportback Prestige in June 2022 for 85K. This is top of the line and everything is included in this.
I absolutely love this car.
I decided to get a quote and see exactly where this car was valued at.
I went to Kelly Blue Book.com and I put my VIN # in and they found the car. I submitted the form and they came back with a quote of 34K. I was dumbfounded. This car is pristine and in perfect condition and this is what those pieces of garbage quoted me. What the HECK is going on!! I have not contacted my Audi dealer or anyone else about this yet but I wanted to post this here and see if anyone else has had anything like this happen to them?

Exactly like what you experiencing and my Audi contact told me, I was stupid for buying and should look at my sportback, or any EV that with technology you have to look at it as its an iphone that your gonna turn in, in 2 to 3 years.
was great to hear after spending like you say 80+ for the car.

 

I just retired and have had a company leased vehicle for 22 years. I decided to go EV since it will be our second car. I live in CO where the EV infrastructure is good and growing. I bought my 2022 E-tron Sportsback prestige (5K miles) in Oct from New Mexico from a high-end car dealer. The charging infrastructure is poor in NM and I think the dealer made a bad investment. I paid 56K he had been dropping the price for 6 months. I flew there on business drove the car and made the cash offer. I had it shipped to CO. Absolutely love it but had to buy 22" snow tires ($$$) for winter mountain roads for skiing. In CO 20% of new cars are EV and every E-tron Prestige on Carvana was gone in hours. Resale may be location dependent.

 

I have a 2019 Prestige. My experience has been very similar to yours. Very disappointing.

 

I purchased my 2022 e-tron S prestige fully loaded back in September of 2023 with 1500 miles on it. My purchase price was below $60k for literally a brand new $100K car. This car sat on the lot for 8 months (BMW lot) before anyone even showed interest in it. I'm sure now its worth a bit less but at least I benefited from depreciation to an extent.

 

A dealer would probably offer you low 40s on a trade right now.

 

I would expect that the '24s may do a little better due to the better range/battery but they will likely also take a huge hit

 

That’s no guarantee, being that the msrp is more than 19-22, plus every person who isn’t leasing is paying $7500 more right off the bat because of the lack of tax credit that the 19-22’s got.


My thinking is all these KBB’s and carvanas are taking into account the $7500 that most purchasers got on the 19-22’s, so going by MSRP minus $7500 when they are coming up with their trade in buyout numbers (if that makes sense.)