[ad#banner]A new car is only new once. The old adage that a car loses ten percent of its value once it leaves the lot is very close to reality.
Purchasing the latest 2013 model vehicles, it seems that any car buyer should brace themselves to take a loss with every passing mile. However, as much as some of us attempt to believe that automobile ownership is not emotional, it definitely is emotional. Particularly a case with some Audi owners who have fallen in love with their German engineered machine, we’ll enjoy our quattro all-wheel drive or TDI engines as long as possible. However, the truth is that your beloved is susceptible to devaluing of the used car market. For Audi vehicle leasers want to purchase their car or crossover, you must contemplate the potential of spending more overall than an automobile is worth. Thankfully for an Audi owner, car lease deals are aided by the fact some vehicle models of the four-ring badge hold their value better than competitors.
In a 14th annual forecast published by the ALG (Automotive Lease Guide) shaped as the Residual Value Awards, one 2013 Audi product is expected to hold its resale market value better than every competing vehicle in its luxury car class. Recognized with an annual award for holding the highest rated in the Premium Midsized Utility Vehicle category, the Audi Q7 is predicted to retain an impressive residual value after a three-year ownership period. The ALG Residual Value Awards is assessed through a widespread forecast examining many elements that would contribute to the retention of higher resale value including previous vehicle history and the popularly of a vehicle in the current automotive sales industry to help compute possible product prices in the future.
While the Audi Q7 managed to grab a standalone category ALG Residual Value Award for the 2013 model year, the recent results also paints a positive picture for the Germany luxury car division as a whole. Audi is rated third among premium automobile brands after a two-year gap of residual value. Behind ALG’s top rated premium brand Acura and second-place Infiniti, Audi was able to beat last year’s category winner Lexus in the ranking.
The 14th running of the ALG Residual Value Award continues to show the Audi brand’s capability in the premium car category. Last year, Audi had received three awards for their 2012 model vehicles. The Audi Q7 was joined by the S5 coupe and A6 sedan on the previous Residual Value Awards listing.
Promising information to know for someone looking into buying an Audi product or considering buying out lease cars, the residual value study shows that desirability will give justification to your quattro love.
Information source: ALG
Photo source: Audi AG