Lexus ES 300h Depreciation

A Lexus ES 300h will depreciate 53% after 5 years and have a 5 year resale value of $23,997.

The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 12,000 miles per year. It also assumes a selling price of $51,441 when new. Enter your purchase price, expected ownership period and estimated miles driven annually. Our depreciation calculator will predict an expected resale value for the Lexus ES 300h.

Lexus ES 300h Depreciation Calculator

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Lexus ES 300h Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $13,071 74.59% $38,370 12,000 2022
2 $15,690 69.50% $35,751 24,000 2023
3 $21,965 57.30% $29,476 36,000 2024
4 $24,203 52.95% $27,238 48,000 2025
5 $27,444 46.65% $23,997 60,000 2026
6 $30,083 41.52% $21,358 72,000 2027
7 $32,043 37.71% $19,398 84,000 2028
8 $32,897 36.05% $18,544 96,000 2029
9 $34,287 33.35% $17,154 108,000 2030
10 $36,698 28.66% $14,743 120,000 2031

Lexus ES 300h Depreciation

Years Old Depreciation Residual Value Resale Value
1 $13,071 74.59% $38,370
2 $15,690 69.50% $35,751
3 $21,965 57.30% $29,476
4 $24,203 52.95% $27,238
5 $27,444 46.65% $23,997
6 $30,083 41.52% $21,358
7 $32,043 37.71% $19,398
8 $32,897 36.05% $18,544
9 $34,287 33.35% $17,154
10 $36,698 28.66% $14,743

Buying a Lexus ES 300h New vs Used

If you purchase a used Lexus ES 300h that is 2 years old, then you could save $15,690 compared to buying new, and still have a relatively new model with plenty of useful life remaining. If you plan to keep this vehicle for 3 years then your total cost of depreciation would be $11,754. Try other age and ownership length combinations, or different vehicles to see if you can find depreciation sweetspots where this cost is the lowest. Hint: Try vehicles between 2 and 4 years old, as brand new vehicles depreciate quickly. Also, if this is a recently released model and buying a few years old isn't possible, consider another vehicle, or perhaps wait until more used ES 300h models become available.

What About Lexus ES 300h Insurance Costs?

The average cost to insure a Lexus ES 300h is about $1,878 per year. This adds up to around $9,390 after 5 years of vehicle ownership. Unlike depreciation, this expense can often be lowered by shopping around for lower insurance premiums. Comparing quotes will ensure that you are not overpaying if you already own a Lexus ES 300h. Or, if you are just researching, then it would be money-wise to know this cost before buying. Try our Competitive Quote Tool or the form below to get free quotes. Advertising Disclosure

The Best Model Years to Buy a Lexus ES 300h

The 2018 Lexus ES 300h is our top pick for the best model year value for the ES 300h. With the 2018, you would only pay, on average, 57% of the price as new, with 75% of the vehicle's useful life remaining. The 2020 and 2019 model years are also attractive years for the ES 300h, and provide a relatively good value. Our rankings consider multiple factors, including the ES 300h's price as new, current price, maintenance costs and remaining years of overall predictabe expenses. Our top ranked model year represents the most car for the money of the Lexus ES 300h models.

Lexus ES 300h Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2021 $51,441 $51,441 $234 $0 0% 100%
2020 $51,241 $38,487 $264 $12,954 25.18% 74.59% Better
2019 $50,841 $35,645 $311 $2,842 7.38% 69.5% Better
2018 $50,496 $29,321 $386 $6,324 17.74% 57.3% Best
2017 $49,820 $26,827 $448 $2,494 8.51% 52.95% Good
2016 $48,020 $22,945 $546 $3,882 14.47% 46.65% Good
2015 $44,580 $19,255 $745 $3,690 16.08% 41.52%
2014 $40,500 $16,096 $824 $3,159 16.41% 37.71%
2013 $39,957 $15,302 $897 $794 4.93% 36.05%
Year Price % Paid Value Rank
2021 $51,441 100%
2020 $38,487 74.59% Better
2019 $35,645 69.5% Better
2018 $29,321 57.3% Best
2017 $26,827 52.95% Good
2016 $22,945 46.65% Good
2015 $19,255 41.52%
2014 $16,096 37.71%
2013 $15,302 36.05%

Lexus ES 300h Depreciation Rankings

Depreciation Rankings

We've ranked over 200 models from best to worst for Depreciation. See where the Lexus ES 300h ranks for Depreciation compared to other vehicles. Also check out how the ES 300h stacks up in our rankings for Maintenance, Insurance and Overall Costs.

Depreciation Rankings

Other Lexus ES 300h Costs of Ownership

Finding a car or truck that saves on depreciation costs is important. But, it's also imperative to view all major Lexus ES 300h costs. This will ensure that you are finding the vehicle that provides you the best value, at the lowest cost. We've created tools that will also help you to save on the following ownership expenses: