Lexus RX 350 Depreciation

A Lexus RX 350 will depreciate 42% after 5 years and have a 5 year resale value of $32,262.

The Lexus RX 350 ranks in the top 5 of luxury vehicles, when it comes to maintaining value, and it continues to do so well into the later years. If this is anywhere near the type of vehicle you need, don't hesitate, as these just don't disappoint. Buy a new one now, and buy another new one in four years - it's hard to go wrong.

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 year, and assumes a purchase price of $55,692 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 RX 350 Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $10,827 80.56% $44,865 13,500 2021
2 $13,706 75.39% $41,986 27,000 2022
3 $16,992 69.49% $38,700 40,500 2023
4 $20,846 62.57% $34,846 54,000 2024
5 $23,430 57.93% $32,262 67,500 2025
6 $27,913 49.88% $27,779 81,000 2026
7 $30,519 45.20% $25,173 94,500 2027
8 $34,897 37.34% $20,795 108,000 2028
9 $36,044 35.28% $19,648 121,500 2029
10 $37,353 32.93% $18,339 135,000 2030
Years Old Depreciation Residual Value Resale Value
1 $10,827 80.56% $44,865
2 $13,706 75.39% $41,986
3 $16,992 69.49% $38,700
4 $20,846 62.57% $34,846
5 $23,430 57.93% $32,262
6 $27,913 49.88% $27,779
7 $30,519 45.20% $25,173
8 $34,897 37.34% $20,795
9 $36,044 35.28% $19,648
10 $37,353 32.93% $18,339

Lexus RX 350 Depreciation Calculator

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If you purchase a used Lexus RX 350 that is 2 years old, then you could save $13,706 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 $9,724. 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 RX 350 models become available.

The Best Model Years to Buy a Lexus RX 350

The 2019 Lexus RX 350 is our top pick for the best model year value for the RX 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 2018 and 2017 model years are also attractive years for the RX 350, and provide a relatively good value. Our rankings consider multiple factors, including the RX 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 RX 350 models.

Lexus RX 350 Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2020 $55,692 $55,692 $297 $0 0% 100%
2019 $53,706 $43,600 $334 $12,092 21.71% 80.56% Best
2018 $52,078 $39,665 $403 $3,935 9.03% 75.39% Better
2017 $50,153 $35,360 $509 $4,305 10.85% 69.49% Better
2016 $49,012 $31,244 $579 $4,116 11.64% 62.57% Good
2015 $39,131 $23,389 $720 $7,855 25.14% 57.93% Good
2014 $40,189 $21,026 $978 $2,363 10.1% 49.88%
2013 $39,092 $18,769 $1,100 $2,257 10.73% 45.2%
2012 $38,484 $15,550 $1,181 $3,219 17.15% 37.34%
2011 $37,886 $14,711 $1,343 $839 5.4% 35.28%
2010 $36,504 $13,398 $1,378 $1,313 8.93% 32.93%
2009 $36,385 $10,329 $1,572 $3,069 22.91% 24.07%
2008 $35,910 $9,480 $1,847 $849 8.22% 21.26%
Year Price % Paid Value Rank
2020 $55,692 100%
2019 $43,600 80.56% Best
2018 $39,665 75.39% Better
2017 $35,360 69.49% Better
2016 $31,244 62.57% Good
2015 $23,389 57.93% Good
2014 $21,026 49.88%
2013 $18,769 45.2%
2012 $15,550 37.34%
2011 $14,711 35.28%
2010 $13,398 32.93%
2009 $10,329 24.07%
2008 $9,480 21.26%

Considering financing? Try our Lexus RX 350 Loan Calculator, which will steer you away from unattractive loan structures that put you in a bad financial position relative to the value of your vehicle. Customize a loan structure that is right for you, or try some basic options, No Money Down, 10% Down and 20% Down. Important Note: CarEdge.com does NOT offer auto financing, or are we affiliated with any financing sources. We provide this information in the hope that you can make a more informed purchasing decision.

Lexus RX 350 Review

Lexus RX 350 Photos

Our Favorite Lexus RX 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 September 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.