2023 Audi Q5 Price Guide

The 2023 Audi Q5 remains a highly sought-after premium SUV in the European used car market, with strong pricing stability reflecting its desirability and relatively low depreciation compared to competitors. Current market listings show 2023 models priced between €38,990 and €48,990 at dealers, with pricing varying significantly based on engine variant, mileage, and trim level. The Q5 continues to dominate European SUV listings with substantial inventory across major markets including Germany, France, Luxembourg, and Belgium, indicating healthy demand and liquidity. Diesel engines (particularly 2.0 TDI and 50 TDI variants) remain the dominant powertrain choice in Europe, though hybrid e-TDI models are gaining market share among premium buyers.

The 2023 Audi Q5 demonstrates favorable depreciation patterns typical of premium German SUVs, having retained approximately 68% of its new car value across three model years. Annual depreciation rates average 8.5%, which is below the industry average of 10-12% for premium vehicles, reflecting strong residual value and consistent buyer demand. Entry-level 2.0 TDI models show steeper depreciation curves compared to higher-specification 50 TDI and hybrid variants, which maintain stronger values due to superior engine technology and lower mileage examples commanding premium pricing.

The 2023 Audi Q5 is expected to maintain stable pricing through 2026 as it transitions from the second-generation to newer model introductions. Market demand remains robust across all major European markets, particularly for higher-specification diesel and hybrid variants, suggesting limited downward pressure on values. The shift toward electrification may gradually benefit used combustion engine Q5s in the near-to-medium term as enthusiasts seek reliable, fuel-efficient alternatives before broader EV adoption, though long-term depreciation acceleration is anticipated post-2027 as Euro 7 emissions regulations approach and EV market penetration increases.