Do Lexus RX350 hold their value?
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Do Lexus RX350 hold their value?
The Lexus RX 350 does hold its value well over time, assuming 13,500 miles driven per year. According to Car Edge, over the course of 10 years, it will keep around 33.23\% of its value, and it will have a resale value of approximately $18,506.
Do Lexus SUVS hold their value?
2021 Lexus RX350 and RX450h – 55.6 Percent Retained Value Both the RX350 and RX450h hybrid are projected to retain 55.6 percent of their overall values over five years of ownership. The RX excels as a comfortable-riding, gracefully smooth, luxury-first SUV that doesn’t make any sporting pretentions.
How much does a Lexus RX depreciate each year?
Lexus RX 350 Depreciation
| Years Old | Depreciation | Residual Value |
|---|---|---|
| 1 | $11,059 | 80.49\% |
| 2 | $12,692 | 77.61\% |
| 3 | $16,546 | 70.81\% |
| 4 | $19,194 | 66.14\% |
Which luxury SUV retains its value best?
Best Resale Value Luxury SUVs for 2021
- 2021 Land Rover Discovery 3.0 – 49.6 Percent Retained Value.
- 2021 BMW X3 M40i – 50.0 Percent Retained Value.
- 2021 Volvo XC90 T6 – 50.8 Percent Retained Value.
- 2021 Mercedes-Benz GLC300 Coupe – 53.3 Percent Retained Value.
- 2021 Lexus NX300h – 58.1 Percent Retained Value.
Which Lexus holds its value?
Based on Kelley Blue Book’s research, the 2017 Lexus RC is the best luxury car to buy if you’re concerned about resale value. KBB says that after 36 months on the road, an RC will retain 58.0\% of its original value, and after 60 months, it’ll be worth 38.0\% of its original value.
Which Lexus holds value best?
Lexus IS350 – 52.7 Percent Retained Value With Toyota’s reputation for reliability, we’re not surprised to see a Lexus among the top luxury cars with the least depreciation. For maximum value retention, go for the Lexus IS350, which is projected to hold 52.7 percent of its purchase price after five years of ownership.