Lexus LX 570 Depreciation
A Lexus LX 570 will depreciate 40% after 5 years and have a 5 year resale value of $67,503.
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 $112,731 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 LX 570.
Lexus LX 570 Depreciation
| Years Old | Depreciation | Residual Value | Resale Value | Mileage | Resale Year |
|---|---|---|---|---|---|
| 1 | $8,072 | 92.84% | $104,659 | 12,000 | 2025 |
| 2 | $14,373 | 87.25% | $98,358 | 24,000 | 2026 |
| 3 | $39,377 | 65.07% | $73,354 | 36,000 | 2027 |
| 4 | $44,878 | 60.19% | $67,853 | 48,000 | 2028 |
| 5 | $45,228 | 59.88% | $67,503 | 60,000 | 2029 |
| 6 | $50,943 | 54.81% | $61,788 | 72,000 | 2030 |
| 7 | $55,599 | 50.68% | $57,132 | 84,000 | 2031 |
| 8 | $57,391 | 49.09% | $55,340 | 96,000 | 2032 |
| 9 | $69,837 | 38.05% | $42,894 | 108,000 | 2033 |
| 10 | $74,504 | 33.91% | $38,227 | 120,000 | 2034 |
Lexus LX 570 Depreciation
| Years Old | Depreciation | Residual Value | Resale Value |
|---|---|---|---|
| 1 | $8,072 | 92.84% | $104,659 |
| 2 | $14,373 | 87.25% | $98,358 |
| 3 | $39,377 | 65.07% | $73,354 |
| 4 | $44,878 | 60.19% | $67,853 |
| 5 | $45,228 | 59.88% | $67,503 |
| 6 | $50,943 | 54.81% | $61,788 |
| 7 | $55,599 | 50.68% | $57,132 |
| 8 | $57,391 | 49.09% | $55,340 |
| 9 | $69,837 | 38.05% | $42,894 |
| 10 | $74,504 | 33.91% | $38,227 |
Buying a Lexus LX 570 New vs Used
If you purchase a used Lexus LX 570 that is 2 years old, then you could save $14,373 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 $30,855. 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 LX 570 models become available.
What About Lexus LX 570 Insurance Costs?
The average cost to insure a Lexus LX 570 is about $3,711 per year. This adds up to around $18,555 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 LX 570. 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 LX 570
The 2021 Lexus LX 570 is our top pick for the best model year value for the LX 570. With the 2021, you would only pay, on average, 65% of the price as new, with 75% of the vehicle's useful life remaining. The 2020 and 2024 model years are also attractive years for the LX 570, and provide a relatively good value. Our rankings consider multiple factors, including the LX 570'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 LX 570 models.
Lexus LX 570 Historical Depreciation
| Year | New Price | Current Price | Maintenance | $ Decline | % Decline | % Paid | Value Rating |
|---|---|---|---|---|---|---|---|
| 2024 | $112,731 | $112,731 | $423 | $0 | 0% | 100% | Better |
| 2023 | $116,267 | $107,940 | $474 | $4,791 | 4.25% | 92.84% | Good |
| 2022 | $115,330 | $100,627 | $555 | $7,313 | 6.78% | 87.25% | |
| 2021 | $108,459 | $70,578 | $684 | $30,049 | 29.86% | 65.07% | Best |
| 2020 | $100,569 | $66,751 | $791 | $3,827 | 5.42% | 66.37% | Better |
| 2019 | $99,410 | $59,527 | $960 | $7,224 | 10.82% | 59.88% | Good |
| Year | Price | % Paid | Value Rank |
|---|---|---|---|
| 2024 | $112,731 | 100% | Better |
| 2023 | $107,940 | 92.84% | Good |
| 2022 | $100,627 | 87.25% | |
| 2021 | $70,578 | 65.07% | Best |
| 2020 | $66,751 | 66.37% | Better |
| 2019 | $59,527 | 59.88% | Good |
Lexus LX 570 Depreciation Rankings
We've ranked over 200 models from best to worst for Depreciation. See where the Lexus LX 570 ranks for Depreciation compared to other vehicles. Also check out how the LX 570 stacks up in our rankings for Maintenance, Insurance and Overall Costs.
Other Lexus LX 570 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 LX 570 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:
Related Articles
Do Electric And Hybrid Cars Hold Their Value?
The 10 Cars, Trucks, and SUVs with the Best Resale Value in 2024
5 Trucks with the Worst Depreciation
