Lexus ES 350 Depreciation

A Lexus ES 350 will depreciate 48% after 5 years and have a 5 year resale value of $22,406.

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, and assumes a purchase price of $42,736 when new. Key in your purchase price, expected ownership period and estimated annual miles driven into our depreciation calculator, and we'll predict an expected resale value just for you.

Lexus ES 350 Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $7,923 81.46% $34,813 13,500 2021
2 $10,163 76.22% $32,573 27,000 2022
3 $12,317 71.18% $30,419 40,500 2023
4 $17,475 59.11% $25,261 54,000 2024
5 $20,330 52.43% $22,406 67,500 2025
6 $23,975 43.90% $18,761 81,000 2026
7 $24,522 42.62% $18,214 94,500 2027
8 $27,214 36.32% $15,522 108,000 2028
9 $28,736 32.76% $14,000 121,500 2029
10 $29,786 30.30% $12,950 135,000 2030
Years Old Depreciation Residual Value Resale Value
1 $7,923 81.46% $34,813
2 $10,163 76.22% $32,573
3 $12,317 71.18% $30,419
4 $17,475 59.11% $25,261
5 $20,330 52.43% $22,406
6 $23,975 43.90% $18,761
7 $24,522 42.62% $18,214
8 $27,214 36.32% $15,522
9 $28,736 32.76% $14,000
10 $29,786 30.30% $12,950

Lexus ES 350 Depreciation Calculator

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If you purchase a used Lexus ES 350 that is 2 years old, then you could save $10,163 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 $10,167. 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 2019 Lexus ES 350 is our top pick for the best model year value for the ES 350. With the 2019, you would only pay, on average, 81% of the price as new, with 92% of the vehicle's useful life remaining. The 2016 and 2018 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 $136 $0 0% 100%
2019 $42,620 $34,881 $163 $7,855 18.38% 81.46% Best
2018 $42,718 $32,772 $214 $2,109 6.05% 76.22% Better
2017 $40,669 $29,241 $292 $3,531 10.77% 71.18%
2016 $36,894 $22,151 $343 $7,090 24.25% 59.11% Better
2015 $35,851 $19,245 $447 $2,906 13.12% 52.43% Good
2014 $35,460 $16,202 $636 $3,043 15.81% 43.9% Good
2013 $35,219 $15,736 $725 $466 2.88% 42.62%
2012 $35,563 $13,700 $785 $2,036 12.94% 36.32%
2011 $35,012 $12,372 $903 $1,328 9.69% 32.76%
2010 $33,534 $11,997 $929 $375 3.03% 33.01%
2009 $32,862 $11,200 $1,071 $797 6.64% 30.82%
2008 $32,357 $8,859 $1,273 $2,341 20.9% 23.44%
Year Price % Paid Value Rank
2020 $42,736 100%
2019 $34,881 81.46% Best
2018 $32,772 76.22% Better
2017 $29,241 71.18%
2016 $22,151 59.11% Better
2015 $19,245 52.43% Good
2014 $16,202 43.9% Good
2013 $15,736 42.62%
2012 $13,700 36.32%
2011 $12,372 32.76%
2010 $11,997 33.01%
2009 $11,200 30.82%
2008 $8,859 23.44%
Our Favorite Lexus ES 350 Photo

About Our Data and "Useful Lifespan"

We aggregate and analyze millions of automotive data points from a variety of sources, including some of the industry's leading data providers. The historical depreciation tables, charts, values and overall rankings are conducted on a semi-annual basis, with our most recent update published in April 2020.

While the "Useful Lifespan" of a vehicle will vary greatly from one model to the next, and even one owner to the next, we have determined that twelve years is the most appropriate timeframe which will yield us good, usable data - and that any data beyond that timeframe becomes more dispersed, and ultimately less reliable. Moreover, maintenance costs beyond that timeframe become significantly more varied, as a vehicle owner's care of a particular vehicle will greatly impact its value, and ongoing maintenance costs. We are very much hopeful, however, that your car or truck will last well beyond twelve years, and that it gets you to where you want to go.

If you would like to know more about our data and process, check out our FAQ here.