Lexus ES 350 Depreciation

A Lexus ES 350 will depreciate 38% after 5 years and have a 5 year resale value of $26,365.

The Lexus ES 350 is one of the best cars on the road, and their resale values support that. If you are looking for a midsize sedan that will be a great investment over time, look no further than the ES 350-you really can't go wrong-provided you buy it at the right price.

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 $42,794 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 350.

Lexus ES 350 Depreciation Calculator

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Lexus ES 350 Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $5,486 87.18% $37,308 12,000 2022
2 $8,987 79.00% $33,807 24,000 2023
3 $14,811 65.39% $27,983 36,000 2024
4 $15,179 64.53% $27,615 48,000 2025
5 $16,429 61.61% $26,365 60,000 2026
6 $19,861 53.59% $22,933 72,000 2027
7 $22,086 48.39% $20,708 84,000 2028
8 $24,037 43.83% $18,757 96,000 2029
9 $28,248 33.99% $14,546 108,000 2030
10 $30,165 29.51% $12,629 120,000 2031

Lexus ES 350 Depreciation

Years Old Depreciation Residual Value Resale Value
1 $5,486 87.18% $37,308
2 $8,987 79.00% $33,807
3 $14,811 65.39% $27,983
4 $15,179 64.53% $27,615
5 $16,429 61.61% $26,365
6 $19,861 53.59% $22,933
7 $22,086 48.39% $20,708
8 $24,037 43.83% $18,757
9 $28,248 33.99% $14,546
10 $30,165 29.51% $12,629

Buying a Lexus ES 350 New vs Used

If you purchase a used Lexus ES 350 that is 2 years old, then you could save $8,987 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 $7,442. 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 350 models become available.

What About Lexus ES 350 Insurance Costs?

The average cost to insure a Lexus ES 350 is about $1,745 per year. This adds up to around $8,725 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 350. 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 350

The 2018 Lexus ES 350 is our top pick for the best model year value for the ES 350. With the 2018, you would only pay, on average, 65% 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 350, and provide a relatively good value. Our rankings consider multiple factors, including the ES 350'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 350 models.

Lexus ES 350 Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2021 $42,794 $42,794 $217 $0 0% 100%
2020 $42,736 $37,503 $247 $5,291 12.36% 87.18% Better
2019 $42,620 $33,964 $293 $3,539 9.44% 79% Better
2018 $42,718 $28,303 $368 $5,661 16.67% 65.39% Best
2017 $40,669 $26,676 $431 $1,627 5.75% 64.53% Good
2016 $36,894 $23,261 $529 $3,415 12.8% 61.61% Good
2015 $35,851 $19,940 $727 $3,321 14.28% 53.59%
2014 $35,460 $17,966 $807 $1,974 9.9% 48.39%
2013 $35,219 $16,316 $880 $1,650 9.18% 43.83%
2012 $35,563 $13,076 $989 $3,240 19.86% 33.99%
2011 $35,012 $11,334 $1,003 $1,742 13.32% 29.51%
2010 $33,534 $10,555 $1,120 $779 6.87% 28.14%
2009 $32,862 $9,348 $1,290 $1,207 11.44% 24.52%
Year Price % Paid Value Rank
2021 $42,794 100%
2020 $37,503 87.18% Better
2019 $33,964 79% Better
2018 $28,303 65.39% Best
2017 $26,676 64.53% Good
2016 $23,261 61.61% Good
2015 $19,940 53.59%
2014 $17,966 48.39%
2013 $16,316 43.83%
2012 $13,076 33.99%
2011 $11,334 29.51%
2010 $10,555 28.14%
2009 $9,348 24.52%

Lexus ES 350 Depreciation Rankings

Depreciation Rankings

We've ranked over 200 models from best to worst for Depreciation. See where the Lexus ES 350 ranks for Depreciation compared to other vehicles. Also check out how the ES 350 stacks up in our rankings for Maintenance, Insurance and Overall Costs.

Depreciation Rankings

Other Lexus ES 350 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 350 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: