Lexus ES 350 Depreciation

A Lexus ES 350 will depreciate 36% after 5 years and have a 5 year resale value of $27,281.

The Lexus ES 350 is one of the best cars on the road, and their resale values support that. If you are looking for a midsize sedan that will be a great investment over time, look no further than the ES 350-you really can't go wrong-provided you buy it at the right price.

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 $42,794 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 ES 350.

Lexus ES 350 Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $4,545 89.38% $38,249 12,000 2022
2 $8,529 80.07% $34,265 24,000 2023
3 $13,793 67.77% $29,001 36,000 2024
4 $14,807 65.40% $27,987 48,000 2025
5 $15,513 63.75% $27,281 60,000 2026
6 $19,317 54.86% $23,477 72,000 2027
7 $21,525 49.70% $21,269 84,000 2028
8 $23,520 45.04% $19,274 96,000 2029
9 $27,735 35.19% $15,059 108,000 2030
10 $29,271 31.60% $13,523 120,000 2031

Lexus ES 350 Depreciation

Years Old Depreciation Residual Value Resale Value
1 $4,545 89.38% $38,249
2 $8,529 80.07% $34,265
3 $13,793 67.77% $29,001
4 $14,807 65.40% $27,987
5 $15,513 63.75% $27,281
6 $19,317 54.86% $23,477
7 $21,525 49.70% $21,269
8 $23,520 45.04% $19,274
9 $27,735 35.19% $15,059
10 $29,271 31.60% $13,523

Lexus ES 350 Depreciation Calculator

Current Vehicle Age
Current Price
Own it For
Annual Miles

If you purchase a used Lexus ES 350 that is 2 years old, then you could save $8,529 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 $6,984. 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 ES 350 models become available.

The Best Model Years to Buy a Lexus ES 350

The 2018 Lexus ES 350 is our top pick for the best model year value for the ES 350. With the 2018, you would only pay, on average, 68% of the price as new, with 75% of the vehicle's useful life remaining. The 2019 and 2020 model years are also attractive years for the ES 350, and provide a relatively good value. Our rankings consider multiple factors, including the ES 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 ES 350 models.

Lexus ES 350 Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2021 $42,794 $42,794 $221 $0 0% 100%
2020 $42,736 $38,445 $249 $4,349 10.16% 89.38% Better
2019 $42,620 $34,424 $300 $4,021 10.46% 80.07% Better
2018 $42,718 $29,328 $377 $5,096 14.8% 67.77% Best
2017 $40,669 $27,028 $429 $2,300 7.84% 65.4% Good
2016 $36,894 $24,053 $532 $2,975 11.01% 63.75%
2015 $35,851 $20,390 $721 $3,663 15.23% 54.86% Good
2014 $35,460 $18,433 $811 $1,957 9.6% 49.7%
2013 $35,219 $16,731 $870 $1,702 9.23% 45.04%
2012 $35,563 $13,502 $989 $3,229 19.3% 35.19%
2011 $35,012 $12,079 $1,014 $1,423 10.54% 31.6%
2010 $33,534 $10,970 $1,157 $1,109 9.18% 29.26%
2009 $32,862 $9,623 $1,358 $1,347 12.28% 25.15%
Year Price % Paid Value Rank
2021 $42,794 100%
2020 $38,445 89.38% Better
2019 $34,424 80.07% Better
2018 $29,328 67.77% Best
2017 $27,028 65.4% Good
2016 $24,053 63.75%
2015 $20,390 54.86% Good
2014 $18,433 49.7%
2013 $16,731 45.04%
2012 $13,502 35.19%
2011 $12,079 31.6%
2010 $10,970 29.26%
2009 $9,623 25.15%

Other Lexus ES 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 ES 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: