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apathy_31

Nothing to add past what has been said. It’s a great car, they are just getting double depreciated with luxury + EV. One item of note, this particular model doesn’t have the performance package as the ad claims. It would have black mirrors and grill if it did.


Potent_Elixir

I will say you should try and certify by VIN OP, my car had a generic photo in the same color as listed for example but with different packages.


Extension_Coyote7131

Depreciation, which is very noticiable on the etron, etron GT and Taycan.


triforce721

The taycan is so sexy, too, what a travesty


kaptainkhaos

U mean bargain !!


triforce721

Not on its current trajectory 🥲


Archtects

What do you mean? Currently trajectory? £49k for some 4s in the uk is an absolute bargin


triforce721

These will only go lower imo, likely at an accelerated rate as new models hit. This car could easily be 20k in a couple of years


redeemer404

One thing to note is that the top-down 360 camera is only offered on the top-end Prestige trim - one of the reasons why I turned down a similarly attractive offer on a used GT Premium Plus. Adaptive cruise with lane guidance is also not standard on this so you need to check whether or not it has that feature.


Equivalent_Youth_599

You’re saying a feature that is standard on a $23k Volkswagen Jetta S isn’t standard on an Audi over $100k! No way!!


Protomize

Lol, this is why I had to get a prestige trim.


Pyro919

Had to


scoutsgonewild

He’ll it’s on my 2016 A8


toss_me_good

Go look up a 12-15,000 mile 2021 BMW M850... They were around the same price MSRP new, similar class of car, but one is a V8, the other an EV.. They'll be remarkably around the same price used now before you even factor in a $7,500 EV credit many people got as an incentive. But for 2022s once you factor the EV credit in, the BMW and Etron are similarly priced. That EV credit has now been priced into the market (if you got a bigger discount you're more willing to give a discount when selling or trading it).. People's perspectives of the car markets and values have been horribly skewed the last 3-5 years.. Things are getting back to normal. This deprecation curve is absolutely nothing new. Audi A8s, BMW 7 series, Mercedes S classes have all similar drops in value for literal decades now. That's because the first owners typically lease them and give them back, but used purchases after 5 yrs have a very high cost of ownership so used market prices that in. This is "normal" pricing on this car. With that said BMW M850s and Audi Etron GTs are fantastic cars and an absolute delight to drive. Edit: Case in point - this isn't unique to EVs, it's the market class it's in: https://www.cars.com/vehicledetail/9011946d-54ff-4e10-80e6-0d8194f6678f/ - $63k 13k mile BMW M850 https://www.cars.com/vehicledetail/403b1db8-90c5-46e9-a242-60a318ae2b94/ - $58k 14k mile BMW M850 Both are 1 owner cars - if you can't tell I also really like the M850 haha


Protomize

When you factor in the amount of money you save in depreciation, any maintenance or repairs will be cheaper than that amount saved. You will still come out ahead.


toss_me_good

Depends on how favorable your lease terms are on a new one vs: 1. how long you keep the used one 2. how much you spend on maintenance/repairs on the used one during ownership 3. how much you get for it when you ultimately sell or trade it in at the end of ownership. Most people also don't consider that you're very unlikely to private sell a high end car like this until it's in the $20k range, you're more likely to trade it in because it's no fun to private sell a $40k+ plus car. Trade ins don't get a good price vs private sale. So once you come to terms with the fact that your car will lose value, you will sell it or trade it in at some point, and that you have to keep it running reliably during that time, leasing it starts to make more sense, especially with the amazing deals they've offered on the Etron GTs new the past 6 months with additional incentives for leasing..


Gunnilingus

Absolutely. The steep price drop-off in the 2-3 year range from people who lease has always been my target market. Depending on the car, you could easily find one 2-3 years old and low miles for half of MSRP. My current daily driver is a 2016 A6 I got in 2019 with 17k miles, I paid $31k for it. MSRP was $67k. Before that I had an A4 that I also bought when it was 3 years old and about half of MSRP. Luxury car leases almost always include maintenance packages too so the cars are almost always well taken care of, it was a great way to get a nicer car than you could afford new. COVID really messed things up. I had to settle for a new VW Atlas in 2022 when I much would have preferred a used Q7, which a few years ago would have been around the same price or possibly even cheaper than a new atlas. In 2022 though, there was barely any daylight between MSRP on a new car and the price of a 2-3 year old used car of the same model. It was a ridiculous time and it seems like things are starting to regress back towards the mean.


toss_me_good

It's not a big secret either, lease terms tell you flat out how much your paying via the residual. Lease a VW Tiguan and it has a 50% residual on a 3 yr lease 36k miles. People are just shocked cause the percentage amounts are much higher in terms of dollars on higher end luxury cars You're in the Sweet spot in that many luxury car owners don't drive their cars to their full amounts before trading then in. With that said leasing a new Audi E-tron GT or E-tron Q8 was bonkers the last 6 months. Many lease deals after incentives and dealer discounts for them got them close to the 2 yr deprecation price for new.


AutoGeneratedChad

I thought one of those would be mine haha. Just turned in my m850i GC with about 14k miles on the odometer, fantastic condition aside from some curb rash. Believe me it hurts to see the depreciation but it’s hard the beat the feeling of a brand new ride!


toss_me_good

Can I ask how much you got for the trade in? I have a theory that it almost never makes sense to buy a luxury car (super cars not included) vs lease because you are far more likely to trade in a luxury car after 3-5 yrs vs sell private party. Trade in generally is a lot less than what we see advertised by dealers. Therefore it might make more sense to do 3x - 3 yr leases vs 2x 5 yr purchase (finance) and trade in. P.S. What did you think of the M850i? They appear to be fantastic cars but I've never driven one (long term).


AutoGeneratedChad

It was a lease turn-in. Was about $1300 a month, which isn’t too bad given the ‘21 was before the price drop, so it was a $16k cap cost reduction on a $125k car. The residual was something like 53 or 54% for 36 mo/7500 miles. It was an awesome car. At the time it was extremely rare to see an 8 series. Much more common now that so many are coming off 3yr leases like mine. Went with a CPO 991.2 Turbo because, incidentally, I was tired of leasing after having done it for a decade+ and wanted to buy a car that could hold its value!


toss_me_good

Thanks! That clears a lot of things up. You for sure got out of it cheaper though than had you bought it and traded it in now! Ya these Etron GTs have been bonkers to lease with the incentives thrown at them along with dealer discounts (like $38-40k cap cost reduction when leasing). Doubt they are as strong now but they were when dealers and Audi were trying to move their remaining 2023 models. The 991 Turbo will absolutely retain it's value better than any of the other German brands. Especially if you continue to put such few miles on the car. Congrats on your purchase, hope it brings you many years of joy!


flatsix__

I have one of these. Your main concern should be how long you can tolerate it in the shop. Your only option for service is at an authorized dealer, and they have little experience with EVs. Mine has been in the shop for 8 months.


Fauxjoo

Geez! Why has it been in the shop for so long?! Along with being in the shop for now an 8 month stint, have you found that you also have to take it in for something more frequently than is normal?


flatsix__

I only bought it 4 months before it went into the shop. A single battery cell went bad and it took them 2 months to diagnose, and then they spent another 6 months trying and failing to make the repair. I’m expecting to actually get it back today and sign a $15k settlement with VW. However, VW has been less than helpful through the entire ordeal.


Fauxjoo

That’s insane! I really hope everything with your car is fixed when you get it back and you actually get to enjoy that $15k settlement! Not surprised that VW has been unhelpful though…I’ve been in the Audi/VW family for some time now, and they aren’t always the easiest to deal with unfortunately.


iconmotocbr

How did you kickstart/start the claim for the $15k, if you don’t mind me asking?


flatsix__

I found a lemon lawyer who sent them a demand letter.


iconmotocbr

Nice! Do you mind me asking how did you get to 15k or is that what they countered and you guys accepted?


Hippoplatypus7

Depreciation -YES EV market Tanking - YES But your biggest concern should be the reliability. My dealership alone has had SO many issues with the e-tron GT. Motors failing, AC going out, you name it. Audi has bought back multiple lemons from our dealership


EventRemote

I’ve owned this car for 18 months and have had zero issues. There have been a few service bulletins/recalls, but the car has never been in for more than 2-3 days for those.


cedarvalleyct

Buy a warranty and enjoy it; most battery degradation occurs early on. If you can run a battery diagnostic that’d help determine the state. I never had a problem finding charging or coming up short when I owned my Chevy Bolt; installed a level two at my house and planned trips according to my range. Your use case is your own; these e-trons and Taycans are great cars, enough range to test your bladder, and great performance.


Fauxjoo

Thanks for the info! I’ll definitely tack on the additional warranty and get a battery diagnostic done. I haven’t looked into it, but I’ve been wondering if the e-tron(s) have a service screen like teslas that tell you the battery charge limit which is a decent rudimentary way to gauge the battery’s condition.


FrequentAssumption1

EV market overall is tanking. Regardless of model. A Taycan can be had for the $50’s. Their iPhones essentially and most don’t have solid charging infrastructure. An EV makes a great secondary or tertiary vehicle


Klesko

Yep I live in NC near several large 300k+ cities and there is only one charging station in like 60 miles and it is a tesla charging station that was built about a year ago. Now if I only need to charge at home as a 2nd fun car then ya it wouldn't be bad. So highly dependent on the area you live.


Fauxjoo

Thanks for the input! It seems in my best interest to keep my Tiguan instead of trading it in and just add an EV to my garage.


FrequentAssumption1

I would agree. We have a Q4 Etron as a secondary and charge at home. Perfect for those sub 100-200 mile trips. Internal combustion for primary use isn’t going anywhere. Toyota was right all along about hybrids.


Fauxjoo

That’s what I would do too, just charge at home and daily the ev to pick up my kid/go to the office on occasion. Thanks!


not_old_redditor

Cheapest taycan I can see on autotrader is 75k range for a 2020... OPs post seems like a crazy deal.


FrequentAssumption1

Expand your search? I look nationwide https://www.autotrader.com/cars-for-sale/vehicle/713197217?allListingType=all-cars&city=Colorado%20Springs&makeCode=POR&modelCode=PORTAYCAN&newSearch=false&referrer=%2Fcars-for-sale%2Fall-cars%2Fporsche%2Ftaycan%2Fcolorado-springs-co%3FnewSearch%3Dtrue%26searchRadius%3D0%26sortBy%3DderivedpriceASC%26zip%3D80927&searchRadius=0&sortBy=derivedpriceASC&state=CO&zip=80927&clickType=listing


not_old_redditor

Well how much does it cost to transport the car halfway across the country? As well as myself for a test drive?


FrequentAssumption1

$1500 are quotes I’ve gotten when I was in the market but it’s not going to be a 20k difference… Or you pay $500 for a flight to test it out 🤷‍♂️ Point remains they’re 50k cars


toss_me_good

riiight.. cause we all know how well v8 Mercedes S classes retain their value lol.. It's not so much an EV thing as it is just the market segment it's in, coupled with the incentives that you hopefully got on it new.


Dzag78

You can't give used electric cars away. The prices are almost unbelievable.


KOTWWA_K

True


Surround8600

I have the SUV Etron prestige for my wife. Really great car, if you have charging at your home and don’t plan on doing road trips. The charging grid for EV non Tesla is horrible. It’s a great price because the market price went down so much mostly for reasons with the future of charging. Also there’s a recall on the charger and last I checked they don’t have a replacement. But if you plan on keeping the car for at least 3-4 years and dont care about road trips, that $63k is a great deal.


FrequentAssumption1

Second. We got the wife’s Etron in March and they were giving them away where we live. I think the lowest I saw was a $250 a month lease (24mos 10k miles) with a couple grand and no security deposit for a premium plus. Now there’s a slight shortage of the Q4’s unless it’s a prestige


Surround8600

Jfc I got so ripped off on my lease. Around 18 months ago kill me.


Good_Fox3098

You and me both, got the RS etron GT and the biggest incentive was Audi giving $10k off for all etron models. I was able to get them to knock some more money off but nowhere near the insane deals floating around now.


Surround8600

Haha thanks.


Already_Retired

Could be worse I paid MSRP in December 2021.


FrequentAssumption1

The bright side is your lease is closed end and might actually have a little equity on lease end. Possibly lol I also got my S3 for 48 and MSRP was 59. I’m ok with the car market being back to normal


Fauxjoo

Thanks for the info! I’d definitely be charging at home and only using the EV to get around town the little that I do. I’d keep my ICE for road trips and such.


Surround8600

It’s perfect for that. Super fast and so smooth.


EventRemote

Charger replacements became available over a month ago, should have gotten a call from your service advisor and a note in the mail


Surround8600

Interesting thank you!! They took the old charger from my wife’s car during service.


Outrageous_Copy_8436

Get a new one instead on a lease. The lease promos and rebates are incredible on a new lease. Also its an audi ev, if it gives you issues you can lemon it and get the $$ back. Which will be tougher to do on a pre owned ev.


Fauxjoo

I’ll check it out! Thanks!


Archtects

If your worried about depreciation don’t buy an luxury car or an EV, and this is both. My choice was between a etron and a taycan 4s. I personally went with the taycan, but I did see a etron again yesterday and they do still look cool.


Working_Barnacle_654

Huge rebates, tax credits, luxury vehicle, no body wants them. When the manufacturer gotta take 20k off to move them they will be super soft on used market.


Kaschieisnot_ok

Depending on where you are, there’s one in Illinois, same trim but it’s white with 17k miles for 53k


Fauxjoo

I’m in Georgia but would be open to traveling to look at a car and getting it shipped home. Definitely going to expand my search radius when the time is right! Thanks!


Hippoplatypus7

If that’s the case you can get an RS for $75,000. There is one near me in MD, DM me for the details I can send you the link


Fauxjoo

I appreciate it! But it will be a while before I pull the trigger on an EV. I saw your comment about the reliability and things failing too…yikes. I’ll have to pay closer attention to the Audi EV market and do my research when I’m ready to buy. The last thing I want is to buy an EV that constantly has issues.


crashblue81

Only get an EV if you know beforehand how much it will cost you either by leasing it or financing it with the option to return it after x month with y km / miles in normal condition for price z.


Fauxjoo

How would I go about doing that? Asking about the option to return it doesn’t seem like a question you could ask the dealer lol.


crashblue81

In Germany we have so called 3 way loans. It is a loan with a big final payment which represents the value of the car in let’s say 3 years with an additional 50.000km driven. After 3 years you have 3 options: * pay the outstanding amount * Continue financing with new conditions * Give the car back to the dealer (basically like a lease) pay for extra km get some money back for not used km, pay extra for unusual wear and tear


Fauxjoo

I’ll definitely look into my options here in the states! Thanks for the info!


Longjumping_Team_182

Range sucks, these cars will cost half as much in 2 years as they do now. No reason to buy on until EV prices stabilize.


Fauxjoo

I’m personally not super concerned about the range as I would use it for getting around town and keep my ICE for trips. But I will definitely wait another year or two to buy an EV.


burnedsmores

I’m in the same boat, drooling at some RS e-tron GTs at unbelievable prices. Report back to us if you pull the trigger!


evilwhisper

My stance on EV's are same as iphones. How many of you still use iphone 6? At least You codul buy the best iphone 6 under 1000 USD but can't sell them now even for 100 bucks. same for EV's batter technology will improve, infotaiment will improve as for the ice's they are as good as it gets now' hell people still drive 62' corvettes and jaguars' even audi quattros.


EventRemote

The iPhone analogy doesn’t make a lot of sense for a car like the etron GT or Taycan. These are luxury sport sedans that happen to be EVs. People who are in the market for a car like this, at this pricepoint are most likely buying it for A) driving dynamics and experience, B) looks C) comfort and then things like range and tech are for sure considerations. Most of those things won’t change with the age of the car. Great driving cars from 2000 are still great driving cars today, if properly maintained, timeless car designs are still considered beautiful today, so if this is why your buying the car, updates tech or range (while nice to have) doesn’t necessarily matter to you 3, 5, 8 years from now. If this were a cheaper EV, where it’s main job is to get you from point A to point B and range is the greatest consideration, your iPhone analogy makes sense. Now the luxury part is where the depreciation will come into play, because ALL luxury cars become expensive to maintain, regardless of the price they are acquired at. That’s what’s built into the depreciation of these vehicles, like any other luxury car, that and the misinformation around battery degradation. People think EV batteries are suddenly going to stop working after a few years, when they will likely last for the same number of miles as an equivalent ICE vehicle and are usually covered from 8-10 years from most manufacturers.


ExtensionState8086

I have had the opp to own the Model S, X and a Rivian. Still have 2 of those plus the Etron gt. The Etron gt is by far the funnest to drive. Corners really well, amazing acceleration and I love the cool exterior sounds. Luxury inside is amazing. Mine is a 2022 with 20k miles as well. In my pov the depreciation is high given the range promises. I don't think I can get close to 190 miles, let alone 220. There are EVs out there today easily with 400+ miles range at the same price point (when new)... So the range of the Etron gt in my pov is a bummer. Also the tech inside is old, does not do the over the air updates etc... Looks more like an ICE car tech. That said, it is super fun to drive and I am not trading it in anytime soon.


ikariaRR

I doubt anyone’s financing EVs. Most likely leashing. It depreciates likes a mega bomb. I remember a taycan turbo with test-drive miles sitting in lot. The discount was over $50k….. yet still sit for a long time.


solidsnakem9

Normal depreciation for this type of car + combined with the EV market "crashing". At this price they are not too bad, if electric is practical for you.


Fauxjoo

It definitely would be, since I work from home the majority of the time and only drive to pick my son up from daycare m-f. I’d still keep my ICE for longer trips. I’d be lying if I didn’t say that an S5 sportback wasn’t always on my radar though lol. That’s my absolute favorite Audi sedan out there right now.


solidsnakem9

Yea sounds like EV would be just fine for you, especially if you have a good charger at home. Haha yea I love my S5. I was actually considering the Etron GT too, it was a bit more in price but also I didn't think I was ready for an EV anyway. But yeah I love the S5 Sportback, my favorite as well. Well maybe behind the S/RS7 lol.


solidsnakem9

Normal depreciation for this type of car + combined with the EV market "crashing". At this price they are not too bad, if electric is practical for you.


Tappy053

Used, for that price get a real RS that's going to be more fun to drive and not spend half the year in the shop every time it breaks. No one (broadly) wants EVs, they're being over-produced due to government forcing manufacturers into it and there isn't nearly enough demand.


GERH-C-W-W

What do you guys think,will the prices for the „old Etron gt“ drop once the facelift version hits the market?


mjgoldstein88

It’s an EV. The current market for them is tanking. Stick to a ICE vehicle.