Lexus ES 350 Depreciation

A Lexus ES 350 will depreciate 39% after 5 years and have a 5 year resale value of $30,114.

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 $49,384 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.

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Lexus ES 350 Depreciation Calculator

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Current Price
Own it For
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This calculator is for illustrative and educational purposes only. Its accuracy and applicability to your circumstances is not guaranteed. You may wish to consult your own adviser regarding your particular circumstances.

Lexus ES 350 Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $7,615 84.58% $41,769 12,000 2025
2 $9,116 81.54% $40,268 24,000 2026
3 $14,188 71.27% $35,196 36,000 2027
4 $16,830 65.92% $32,554 48,000 2028
5 $19,270 60.98% $30,114 60,000 2029
6 $21,526 56.41% $27,858 72,000 2030
7 $23,615 52.18% $25,769 84,000 2031
8 $25,546 48.27% $23,838 96,000 2032
9 $26,223 46.90% $23,161 108,000 2033
10 $27,961 43.38% $21,423 120,000 2034

Lexus ES 350 Depreciation

Years Old Depreciation Residual Value Resale Value
1 $7,615 84.58% $41,769
2 $9,116 81.54% $40,268
3 $14,188 71.27% $35,196
4 $16,830 65.92% $32,554
5 $19,270 60.98% $30,114
6 $21,526 56.41% $27,858
7 $23,615 52.18% $25,769
8 $25,546 48.27% $23,838
9 $26,223 46.90% $23,161
10 $27,961 43.38% $21,423

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 $9,116 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 $10,154. 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 $2,518 per year. This adds up to around $12,590 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 2023 Lexus ES 350 is our top pick for the best model year value for the ES 350. With the 2023, you would only pay, on average, 85% of the price as new, with 92% of the vehicle's useful life remaining. The 2021 and 2022 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
2024 $49,384 $49,384 $240 $0 0% 100% Good
2023 $50,118 $42,392 $278 $6,992 14.16% 84.58% Best
2022 $46,912 $38,251 $338 $4,141 9.77% 81.54% Better
2021 $46,865 $33,399 $434 $4,852 12.68% 71.27% Better
2020 $41,727 $31,422 $513 $1,977 5.92% 75.3% Good
2019 $41,404 $29,647 $637 $1,775 5.65% 71.6%
2018 $36,516 $24,709 $734 $4,938 16.66% 67.67%
2017 $36,469 $22,471 $771 $2,238 9.06% 61.62%
2016 $35,719 $20,581 $796 $1,890 8.41% 57.62%
2015 $37,844 $17,748 $830 $2,833 13.77% 46.9%
2014 $34,331 $16,471 $879 $1,277 7.2% 47.98%
2013 $34,097 $15,413 $955 $1,058 6.42% 45.2%
2012 $34,430 $12,785 $1,030 $2,628 17.05% 37.13%
Year Price % Paid Value Rank
2024 $49,384 100% Good
2023 $42,392 84.58% Best
2022 $38,251 81.54% Better
2021 $33,399 71.27% Better
2020 $31,422 75.3% Good
2019 $29,647 71.6%
2018 $24,709 67.67%
2017 $22,471 61.62%
2016 $20,581 57.62%
2015 $17,748 46.9%
2014 $16,471 47.98%
2013 $15,413 45.2%
2012 $12,785 37.13%

Lexus ES 350 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.

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:

Lexus ES 350s For Sale

2018 Lexus ES 350 Base

Mileage: 79,277
Mileage: 79,277     Price: $19,998
Location: La Plata, MD ~ 45 miles away
Dealer: Waldorfs Ford Of La Plata
Days on Market: 422

$19,998


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