Lexus ES 350 Depreciation

A Lexus ES 350 will depreciate 27% after 5 years and have a 5 year resale value of $34,124.

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 $46,912 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 $2,247 95.21% $44,665 12,000 2022
2 $3,284 93.00% $43,628 24,000 2023
3 $3,880 91.73% $43,032 36,000 2024
4 $11,287 75.94% $35,625 48,000 2025
5 $12,788 72.74% $34,124 60,000 2026
6 $15,347 67.29% $31,565 72,000 2027
7 $16,269 65.32% $30,643 84,000 2028
8 $19,797 57.80% $27,115 96,000 2029
9 $22,147 52.79% $24,765 108,000 2030
10 $26,050 44.47% $20,862 120,000 2031

Lexus ES 350 Depreciation

Years Old Depreciation Residual Value Resale Value
1 $2,247 95.21% $44,665
2 $3,284 93.00% $43,628
3 $3,880 91.73% $43,032
4 $11,287 75.94% $35,625
5 $12,788 72.74% $34,124
6 $15,347 67.29% $31,565
7 $16,269 65.32% $30,643
8 $19,797 57.80% $27,115
9 $22,147 52.79% $24,765
10 $26,050 44.47% $20,862

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 $3,284 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 $9,504. 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 $1,905 per year. This adds up to around $9,525 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 2021 Lexus ES 350 is our top pick for the best model year value for the ES 350. With the 2021, you would only pay, on average, 95% of the price as new, with 92% of the vehicle's useful life remaining. The 2018 and 2020 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
2022 $46,912 $46,912 $225 $0 0% 100%
2021 $46,865 $44,876 $255 $2,036 4.34% 95.21% Best
2020 $42,736 $39,744 $302 $5,132 11.44% 93% Better
2019 $42,620 $39,471 $377 $273 0.69% 91.73% Good
2018 $42,718 $32,881 $439 $6,590 16.7% 75.94% Better
2017 $40,669 $30,119 $537 $2,762 8.4% 72.74% Good
2016 $36,894 $27,748 $736 $2,371 7.87% 73.22%
2015 $35,851 $24,232 $815 $3,516 12.67% 65.32%
2014 $35,460 $21,384 $888 $2,848 11.75% 57.8%
2013 $35,219 $19,590 $998 $1,794 8.39% 52.79%
2012 $35,563 $16,826 $1,012 $2,764 14.11% 44.47%
2011 $35,012 $14,899 $1,128 $1,927 11.45% 39.33%
2010 $33,534 $12,790 $1,298 $2,109 14.16% 34.27%
Year Price % Paid Value Rank
2022 $46,912 100%
2021 $44,876 95.21% Best
2020 $39,744 93% Better
2019 $39,471 91.73% Good
2018 $32,881 75.94% Better
2017 $30,119 72.74% Good
2016 $27,748 73.22%
2015 $24,232 65.32%
2014 $21,384 57.8%
2013 $19,590 52.79%
2012 $16,826 44.47%
2011 $14,899 39.33%
2010 $12,790 34.27%

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: