Lexus NX 300 Depreciation
A Lexus NX 300 will depreciate 35% after 5 years and have a 5 year resale value of $32,557.
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 $49,941 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 NX 300.
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Lexus NX 300 Depreciation
| Years Old | Depreciation | Residual Value | Resale Value | Mileage | Resale Year |
|---|---|---|---|---|---|
| 1 | $5,449 | 89.09% | $44,492 | 12,000 | 2022 |
| 2 | $8,200 | 83.58% | $41,741 | 24,000 | 2023 |
| 3 | $10,113 | 79.75% | $39,828 | 36,000 | 2024 |
| 4 | $13,724 | 72.52% | $36,217 | 48,000 | 2025 |
| 5 | $17,384 | 65.19% | $32,557 | 60,000 | 2026 |
| 6 | $19,507 | 60.94% | $30,434 | 72,000 | 2027 |
| 7 | $24,047 | 51.85% | $25,894 | 84,000 | 2028 |
| 8 | $26,254 | 47.43% | $23,687 | 96,000 | 2029 |
| 9 | $28,796 | 42.34% | $21,145 | 108,000 | 2030 |
| 10 | $31,448 | 37.03% | $18,493 | 120,000 | 2031 |
Lexus NX 300 Depreciation
| Years Old | Depreciation | Residual Value | Resale Value |
|---|---|---|---|
| 1 | $5,449 | 89.09% | $44,492 |
| 2 | $8,200 | 83.58% | $41,741 |
| 3 | $10,113 | 79.75% | $39,828 |
| 4 | $13,724 | 72.52% | $36,217 |
| 5 | $17,384 | 65.19% | $32,557 |
| 6 | $19,507 | 60.94% | $30,434 |
| 7 | $24,047 | 51.85% | $25,894 |
| 8 | $26,254 | 47.43% | $23,687 |
| 9 | $28,796 | 42.34% | $21,145 |
| 10 | $31,448 | 37.03% | $18,493 |
Buying a Lexus NX 300 New vs Used
If you purchase a used Lexus NX 300 that is 2 years old, then you could save $8,200 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 $9,184. 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 NX 300 models become available.
What About Lexus NX 300 Insurance Costs?
The average cost to insure a Lexus NX 300 is about $1,942 per year. This adds up to around $9,710 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 NX 300. 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
Lexus NX 300 Depreciation Rankings
We've ranked over 200 models from best to worst for Depreciation. See where the Lexus NX 300 ranks for Depreciation compared to other vehicles. Also check out how the NX 300 stacks up in our rankings for Maintenance, Insurance and Overall Costs.
Other Lexus NX 300 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 NX 300 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: