Lexus RX 350 Depreciation

A Lexus RX 350 will depreciate 41% after 5 years and have a 5 year resale value of $33,569.

The Lexus RX 350 consistently 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 12,000 miles per year. It also assumes a selling price of $56,685 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 RX 350.

Lexus RX 350 Depreciation Calculator

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Lexus RX 350 Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $11,059 80.49% $45,626 12,000 2022
2 $12,692 77.61% $43,993 24,000 2023
3 $16,546 70.81% $40,139 36,000 2024
4 $19,194 66.14% $37,491 48,000 2025
5 $23,116 59.22% $33,569 60,000 2026
6 $24,981 55.93% $31,704 72,000 2027
7 $30,258 46.62% $26,427 84,000 2028
8 $32,327 42.97% $24,358 96,000 2029
9 $36,732 35.20% $19,953 108,000 2030
10 $36,772 35.13% $19,913 120,000 2031

Lexus RX 350 Depreciation

Years Old Depreciation Residual Value Resale Value
1 $11,059 80.49% $45,626
2 $12,692 77.61% $43,993
3 $16,546 70.81% $40,139
4 $19,194 66.14% $37,491
5 $23,116 59.22% $33,569
6 $24,981 55.93% $31,704
7 $30,258 46.62% $26,427
8 $32,327 42.97% $24,358
9 $36,732 35.20% $19,953
10 $36,772 35.13% $19,913

Buying a Lexus RX 350 New vs Used

If you purchase a used Lexus RX 350 that is 2 years old, then you could save $12,692 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 $10,424. 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.

What About Lexus RX 350 Insurance Costs?

The average cost to insure a Lexus RX 350 is about $1,726 per year. This adds up to around $8,630 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 RX 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 RX 350

The 2020 Lexus RX 350 is our top pick for the best model year value for the RX 350. With the 2020, you would only pay, on average, 80% of the price as new, with 92% of the vehicle's useful life remaining. The 2019 and 2018 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
2021 $56,685 $56,685 $291 $0 0% 100%
2020 $55,692 $45,155 $331 $11,530 20.34% 80.49% Best
2019 $53,706 $42,074 $395 $3,081 6.82% 77.61% Better
2018 $52,078 $37,370 $496 $4,704 11.18% 70.81% Better
2017 $50,153 $33,750 $580 $3,620 9.69% 66.14% Good
2016 $49,012 $29,737 $713 $4,013 11.89% 59.22% Good
2015 $39,131 $22,867 $981 $6,870 23.1% 55.93%
2014 $40,189 $19,825 $1,088 $3,042 13.3% 46.62%
2013 $39,092 $17,987 $1,188 $1,838 9.27% 42.97%
2012 $38,484 $14,883 $1,335 $3,104 17.26% 35.2%
2011 $37,886 $14,663 $1,354 $220 1.48% 35.13%
2010 $36,504 $13,346 $1,512 $1,317 8.98% 32.42%
2009 $36,385 $10,067 $1,742 $3,279 24.57% 22.88%
Year Price % Paid Value Rank
2021 $56,685 100%
2020 $45,155 80.49% Best
2019 $42,074 77.61% Better
2018 $37,370 70.81% Better
2017 $33,750 66.14% Good
2016 $29,737 59.22% Good
2015 $22,867 55.93%
2014 $19,825 46.62%
2013 $17,987 42.97%
2012 $14,883 35.2%
2011 $14,663 35.13%
2010 $13,346 32.42%
2009 $10,067 22.88%

Lexus RX 350 Depreciation Rankings

Depreciation Rankings

We've ranked over 200 models from best to worst for Depreciation. See where the Lexus RX 350 ranks for Depreciation compared to other vehicles. Also check out how the RX 350 stacks up in our rankings for Maintenance, Insurance and Overall Costs.

Depreciation Rankings

Other Lexus RX 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 RX 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: