Lexus RX 350 Depreciation

A Lexus RX 350 will depreciate 36% after 5 years and have a 5 year resale value of $35,598.

The Lexus RX 350 is the #1 luxury vehicle when it comes to maintaining value, and it continues to do so year after year. 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, 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 $10,799 80.61% $44,893 13,500 2021
2 $12,787 77.04% $42,905 27,000 2022
3 $15,081 72.92% $40,611 40,500 2023
4 $18,072 67.55% $37,620 54,000 2024
5 $20,094 63.92% $35,598 67,500 2025
6 $25,462 54.28% $30,230 81,000 2026
7 $28,553 48.73% $27,139 94,500 2027
8 $32,747 41.20% $22,945 108,000 2028
9 $34,980 37.19% $20,712 121,500 2029
10 $36,189 35.02% $19,503 135,000 2030
Years Old Depreciation Residual Value Resale Value
1 $10,799 80.61% $44,893
2 $12,787 77.04% $42,905
3 $15,081 72.92% $40,611
4 $18,072 67.55% $37,620
5 $20,094 63.92% $35,598
6 $25,462 54.28% $30,230
7 $28,553 48.73% $27,139
8 $32,747 41.20% $22,945
9 $34,980 37.19% $20,712
10 $36,189 35.02% $19,503

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 $12,787 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 $7,307. 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.

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 $185 $0 0% 100%
2019 $53,706 $43,513 $222 $12,179 21.87% 80.61% Best
2018 $52,078 $40,414 $292 $3,099 7.12% 77.04% Better
2017 $50,153 $36,971 $398 $3,443 8.52% 72.92% Better
2016 $49,012 $33,574 $468 $3,397 9.19% 67.55% Good
2015 $39,131 $25,623 $609 $7,951 23.68% 63.92%
2014 $40,189 $22,680 $867 $2,943 11.49% 54.28% Good
2013 $39,092 $20,038 $989 $2,642 11.65% 48.73%
2012 $38,484 $16,924 $1,070 $3,114 15.54% 41.2%
2011 $37,886 $15,320 $1,231 $1,604 9.48% 37.19%
2010 $36,504 $14,051 $1,267 $1,269 8.28% 35.02%
2009 $36,385 $11,066 $1,460 $2,985 21.24% 26.4%
2008 $35,910 $9,866 $1,735 $1,200 10.84% 22.64%
Year Price % Paid Value Rank
2020 $55,692 100%
2019 $43,513 80.61% Best
2018 $40,414 77.04% Better
2017 $36,971 72.92% Better
2016 $33,574 67.55% Good
2015 $25,623 63.92%
2014 $22,680 54.28% Good
2013 $20,038 48.73%
2012 $16,924 41.2%
2011 $15,320 37.19%
2010 $14,051 35.02%
2009 $11,066 26.4%
2008 $9,866 22.64%
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 April 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.