The Cheapest Audi SUV in 2023 Has Great Resale Value
Many people assume that only the most expensive vehicles have high resale values. However, the 2023 Audi Q3 shows that this is not always the case. The Q3 happens to be Audi’s cheapest SUV for the 2023 model year, but it also has a solid resale value. Essentially, this means that the 2023 Audi Q3 won’t depreciate very much over the next few years. Luckily, besides having a high resale value, the Audi Q3 is also an exciting option for buyers.
Here’s a look into the 2023 Audi Q3 and why it retains so much of its value.
The 2023 Audi Q3 has an excellent resale value
According to J.D. Power, the 2023 Audi Q3 has a great resale value as it’s ranked 82 out of 100. This ranking means that this vehicle will be great while you own it and that it should be relatively valuable if and when you decide to sell or trade it in. The Audi Q3’s high resale value goes a long way because there should be significant interest in the vehicle in the coming years.
Besides having a high resale value, the 2023 Audi Q3 also does well in other areas measured by J.D. Power. For one, it also has a great rating for quality & reliability. This means the Q3 has excellent build quality and should experience very few serious mechanical problems during ownership. Though not as high, J.D. Power considers the Q3 to be average for driving experience. Though technically average, it has a 74 out of 100, which is close to the organization considering it good in this area.
The Q3 offers solid performance for the price
Perhaps one reason the Audi Q3 has such a high resale value is because of its performance. It’s not the most powerful SUV, but it excels for the price point. According to Edmunds, the 2023 Audi Q3 has a turbocharged 2.0-liter inline-four engine with a maximum output of 184 hp and a torque of 221 lb-ft. Higher trims have a maximum output of 228 hp. This is an all-wheel drive SUV that uses an eight-speed automatic transmission.
Regarding speed, it takes between seven seconds and 8.6 seconds to accelerate from 0 to 60 miles per hour. The Q3 is also pretty good when it comes to fuel economy. The base trim averages 22 miles per gallon in the city and 29 MPG on the highway. The more powerful versions of the SUV average 21 MPG in the city. However, it averages 28 MPG on the highway. This diversity of performance is one reason the Audi Q3 has a surprisingly high resale value.
This SUV has a comfortable interior
Perhaps one reason the 2023 Audi Q3 has such a high resale value is because of its interior. Of course, it’s not as luxurious as other Audi SUVs because it comes at a lower cost, but it still has much to offer. With room for five people, the Q3 uses top-of-the-line materials for its cabin, which provides an upscale look that will last for years to come. It also has several standard features, such as a panoramic sunroof, leather upholstery, and heated front seats.
Regarding interior technology, the 2023 Audi Q3 comes standard with an 8.8-inch touchscreen. However, buyers can upgrade it to a 10.1-inch touchscreen. Both systems work with Android Auto and Apple CarPlay. Additionally, buyers can add a 15-speaker premium sound system.
Overall, the 2023 Audi Q3 is a solid luxury SUV that comes at a fairly decent price considering it’s a luxury vehicle. Starting at $36,800, the Q3 offers quite a few features for the price. This is a vehicle people could enjoy driving for years to come.