2014 Audi A5 Convertible, Q7 Recognized By Edmunds For Best Resale Value

The 2014 Audi A5 and Audi Q7 have been named as 2014 Best Retained Value vehicles by in the luxury midsize convertible and luxury large SUV categories. The awards highlight vehicles that have the highest projected private party residual value (aka the highest resale value) five years after their launch.

“Audi is proud to be honored in the 2014 Best Retained Value awards,” said Mark Del Rosso, executive vice president and chief operating officer, Audi of America. “These awards are a reflection of the quality of the A5 and Q7 models — two top-performing vehicles that have proven they can more than stand the test of time.”

Interestingly, Edmunds places the A5 in the midsize category — although it’s clearly a compact vehicle. After all, a coupe/convertible of the A6 would be considered midsize… if it existed. But we digress.

The model-level retained value awards are based on a computation, for each qualifying model, consisting of:

  1. The average cash TMV (True Market Value) price over the first five months (if available; minimum of three months) for the model.
  2. The average projected five-year depreciation computed for each of the first twelve months after the launch of the model.

To qualify for the awards, vehicles must meet certain criteria, including:

  • Being model year 2014 vehicles that launched by December 31, 2013.
  • Having February 2014 sales that were no less than 20 percent of the average sales in that month of all models that fell in its Vehicle Type Category.
  • must have had TMV (True Market Value) data for the vehicle model for a minimum of three months.

The Motrolix Take

As car buyers know all too well, resale values can be quite finicky. Common sense, along with high demand for used Audi vehicles and their comparatively low initial availability, has dictated that Audi resale values be on the higher end of the luxury car spectrum, but these awards from Edmunds confirm this to be the case, especially for the A5 Convertible and the Q7.

News editor focusing on business, financial, and sales coverage who loves anything on wheels, especially if it's fast.

No Comments yet

Leave a comment