Lexus GX 460 Depreciation

A Lexus GX 460 will depreciate 49% after 5 years and have a 5 year resale value of $35,662.

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 $69,286 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 GX 460.

Lexus GX 460 Depreciation Calculator

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Lexus GX 460 Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $16,365 76.38% $52,921 12,000 2022
2 $22,275 67.85% $47,011 24,000 2023
3 $26,093 62.34% $43,193 36,000 2024
4 $29,627 57.24% $39,659 48,000 2025
5 $33,624 51.47% $35,662 60,000 2026
6 $37,269 46.21% $32,017 72,000 2027
7 $39,985 42.29% $29,301 84,000 2028
8 $44,904 35.19% $24,382 96,000 2029
9 $48,022 30.69% $21,264 108,000 2030
10 $49,401 28.70% $19,885 120,000 2031

Lexus GX 460 Depreciation

Years Old Depreciation Residual Value Resale Value
1 $16,365 76.38% $52,921
2 $22,275 67.85% $47,011
3 $26,093 62.34% $43,193
4 $29,627 57.24% $39,659
5 $33,624 51.47% $35,662
6 $37,269 46.21% $32,017
7 $39,985 42.29% $29,301
8 $44,904 35.19% $24,382
9 $48,022 30.69% $21,264
10 $49,401 28.70% $19,885

Buying a Lexus GX 460 New vs Used

If you purchase a used Lexus GX 460 that is 2 years old, then you could save $22,275 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 $11,349. 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 GX 460 models become available.

What About Lexus GX 460 Insurance Costs?

The average cost to insure a Lexus GX 460 is about $1,821 per year. This adds up to around $9,105 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 GX 460. 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 GX 460

The 2019 Lexus GX 460 is our top pick for the best model year value for the GX 460. With the 2019, you would only pay, on average, 68% of the price as new, with 83% of the vehicle's useful life remaining. The 2020 and 2018 model years are also attractive years for the GX 460, and provide a relatively good value. Our rankings consider multiple factors, including the GX 460'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 GX 460 models.

Lexus GX 460 Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2021 $69,286 $69,286 $317 $0 0% 100%
2020 $68,506 $52,684 $356 $16,602 23.96% 76.38% Better
2019 $66,947 $45,846 $420 $6,838 12.98% 67.85% Best
2018 $65,530 $41,370 $521 $4,476 9.76% 62.34% Better
2017 $64,846 $37,726 $605 $3,644 8.81% 57.24% Good
2016 $64,210 $33,789 $738 $3,937 10.44% 51.47% Good
2015 $63,088 $30,157 $1,007 $3,632 10.75% 46.21%
2014 $62,704 $27,632 $1,114 $2,525 8.37% 42.29%
2013 $63,946 $23,714 $1,213 $3,918 14.18% 35.19%
2012 $63,417 $20,822 $1,361 $2,892 12.2% 30.69%
2011 $62,393 $19,287 $1,380 $1,535 7.37% 28.7%
2010 $61,377 $18,828 $1,538 $459 2.38% 28.17%
Year Price % Paid Value Rank
2021 $69,286 100%
2020 $52,684 76.38% Better
2019 $45,846 67.85% Best
2018 $41,370 62.34% Better
2017 $37,726 57.24% Good
2016 $33,789 51.47% Good
2015 $30,157 46.21%
2014 $27,632 42.29%
2013 $23,714 35.19%
2012 $20,822 30.69%
2011 $19,287 28.7%
2010 $18,828 28.17%

Lexus GX 460 Depreciation Rankings

Depreciation Rankings

We've ranked over 200 models from best to worst for Depreciation. See where the Lexus GX 460 ranks for Depreciation compared to other vehicles. Also check out how the GX 460 stacks up in our rankings for Maintenance, Insurance and Overall Costs.

Depreciation Rankings

Other Lexus GX 460 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 GX 460 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: