Lexus RX 350 Depreciation

A Lexus RX 350 will depreciate 39% after 5 years and have a 5 year resale value of $37,462.

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 $61,152 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.

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Lexus RX 350 Depreciation Calculator

Current Vehicle Age
Current Price
Own it For
Annual Miles
This calculator is for illustrative and educational purposes only. Its accuracy and applicability to your circumstances is not guaranteed. You may wish to consult your own adviser regarding your particular circumstances.
0%10%20%30%40%50%60%70%80%90%100%012345678910Lexus RX 350 Depreciation(Age of Vehicle in Years)

Lexus RX 350 Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $7,748 87.33% $53,404 12,000 2025
2 $12,383 79.75% $48,769 24,000 2026
3 $16,872 72.41% $44,280 36,000 2027
4 $21,305 65.16% $39,847 48,000 2028
5 $23,690 61.26% $37,462 60,000 2029
6 $24,809 59.43% $36,343 72,000 2030
7 $27,885 54.40% $33,267 84,000 2031
8 $29,842 51.20% $31,310 96,000 2032
9 $31,561 48.39% $29,591 108,000 2033
10 $34,954 42.84% $26,198 120,000 2034

Lexus RX 350 Depreciation

Years Old Depreciation Residual Value Resale Value
1 $7,748 87.33% $53,404
2 $12,383 79.75% $48,769
3 $16,872 72.41% $44,280
4 $21,305 65.16% $39,847
5 $23,690 61.26% $37,462
6 $24,809 59.43% $36,343
7 $27,885 54.40% $33,267
8 $29,842 51.20% $31,310
9 $31,561 48.39% $29,591
10 $34,954 42.84% $26,198

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 $12,383 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 $11,307. 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 $2,490 per year. This adds up to around $12,450 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

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The Best Model Years to Buy a Lexus RX 350

The 2023 Lexus RX 350 is our top pick for the best model year value for the RX 350. With the 2023, you would only pay, on average, 87% of the price as new, with 92% of the vehicle's useful life remaining. The 2022 and 2021 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.

0%10%20%30%40%50%60%70%80%90%100%2012201320142015201620172018201920202021202220232024Lexus RX 350 Depreciation CurveBest ValueBetter ValueBetter Value202320222021

Lexus RX 350 Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2024 $61,152 $61,152 $330 $0 0% 100% Good
2023 $60,484 $52,818 $382 $8,334 13.63% 87.33% Best
2022 $55,286 $44,090 $462 $8,728 16.52% 79.75% Better
2021 $55,164 $39,942 $592 $4,148 9.41% 72.41% Better
2020 $55,692 $36,291 $699 $3,651 9.14% 65.16% Good
2019 $53,706 $32,899 $867 $3,392 9.35% 61.26%
2018 $52,078 $30,948 $998 $1,951 5.93% 59.43%
2017 $50,153 $27,281 $1,048 $3,667 11.85% 54.4%
2016 $49,012 $25,094 $1,082 $2,187 8.02% 51.2%
2015 $39,131 $18,937 $1,127 $6,157 24.54% 48.39%
2014 $40,189 $17,218 $1,194 $1,719 9.08% 42.84%
2013 $39,092 $16,271 $1,297 $947 5.5% 41.62%
2012 $38,484 $14,709 $1,398 $1,562 9.6% 38.22%
Year Price % Paid Value Rank
2024 $61,152 100% Good
2023 $52,818 87.33% Best
2022 $44,090 79.75% Better
2021 $39,942 72.41% Better
2020 $36,291 65.16% Good
2019 $32,899 61.26%
2018 $30,948 59.43%
2017 $27,281 54.4%
2016 $25,094 51.2%
2015 $18,937 48.39%
2014 $17,218 42.84%
2013 $16,271 41.62%
2012 $14,709 38.22%

Lexus RX 350 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.

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:

Lexus RX 350s For Sale

2021 Lexus RX 350 Premium

Mileage: 60,769
Mileage: 60,769     Price: $35,246
Location: Dublin, OH ~ 11 miles away
Dealer: Twins Auto Of Dublin
Days on Market: 46
Colors (ext/int): White / Red
Low Depreciation Risk

$35,246


2023 Lexus RX 350 Premium

Mileage: 17,982
Mileage: 17,982     Price: $47,925
Location: Dublin, OH ~ 11 miles away
Dealer: Twins Auto Of Dublin
Days on Market: 84
Colors (ext/int): White / Black
Very Low Depreciation Risk

$47,925


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