Lexus ES 350 Depreciation

A Lexus ES 350 will depreciate 45% after 5 years and have a 5 year resale value of $23,714.

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 13,500 miles per year. It also assumes a selling price of $42,736 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

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $8,073 81.11% $34,663 13,500 2021
2 $12,158 71.55% $30,578 27,000 2022
3 $14,111 66.98% $28,625 40,500 2023
4 $15,458 63.83% $27,278 54,000 2024
5 $19,022 55.49% $23,714 67,500 2025
6 $21,552 49.57% $21,184 81,000 2026
7 $23,398 45.25% $19,338 94,500 2027
8 $27,676 35.24% $15,060 108,000 2028
9 $29,385 31.24% $13,351 121,500 2029
10 $30,407 28.85% $12,329 135,000 2030

Lexus ES 350 Depreciation

Years Old Depreciation Residual Value Resale Value
1 $8,073 81.11% $34,663
2 $12,158 71.55% $30,578
3 $14,111 66.98% $28,625
4 $15,458 63.83% $27,278
5 $19,022 55.49% $23,714
6 $21,552 49.57% $21,184
7 $23,398 45.25% $19,338
8 $27,676 35.24% $15,060
9 $29,385 31.24% $13,351
10 $30,407 28.85% $12,329

Lexus ES 350 Depreciation Calculator

Current Vehicle Age
Current Price
Own it For
Annual Miles

If you purchase a used Lexus ES 350 that is 2 years old, then you could save $12,158 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 $6,864. 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.

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, 72% of the price as new, with 83% of the vehicle's useful life remaining. The 2019 and 2017 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
2020 $42,736 $42,736 $221 $0 0% 100%
2019 $42,620 $34,816 $249 $7,920 18.53% 81.11% Better
2018 $42,718 $30,864 $300 $3,952 11.35% 71.55% Best
2017 $40,669 $27,618 $377 $3,246 10.52% 66.98% Better
2016 $36,894 $23,979 $428 $3,639 13.18% 63.83% Good
2015 $35,851 $20,424 $532 $3,555 14.83% 55.49% Good
2014 $35,460 $18,299 $721 $2,125 10.4% 49.57%
2013 $35,219 $16,747 $811 $1,552 8.48% 45.25%
2012 $35,563 $13,402 $870 $3,345 19.97% 35.24%
2011 $35,012 $11,924 $988 $1,478 11.03% 31.24%
2010 $33,534 $10,689 $1,014 $1,235 10.36% 28.85%
2009 $32,862 $9,438 $1,156 $1,251 11.7% 25.2%
2008 $32,357 $8,856 $1,358 $582 6.17% 23.17%
Year Price % Paid Value Rank
2020 $42,736 100%
2019 $34,816 81.11% Better
2018 $30,864 71.55% Best
2017 $27,618 66.98% Better
2016 $23,979 63.83% Good
2015 $20,424 55.49% Good
2014 $18,299 49.57%
2013 $16,747 45.25%
2012 $13,402 35.24%
2011 $11,924 31.24%
2010 $10,689 28.85%
2009 $9,438 25.2%
2008 $8,856 23.17%

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: