Lexus GX 460 Depreciation
A Lexus GX 460 will depreciate 48% after 5 years and have a 5 year resale value of $35,786.
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 $69,286 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 GX 460.
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Lexus GX 460 Depreciation
| Years Old | Depreciation | Residual Value | Resale Value | Mileage | Resale Year |
|---|---|---|---|---|---|
| 1 | $15,472 | 77.67% | $53,814 | 12,000 | 2022 |
| 2 | $21,506 | 68.96% | $47,780 | 24,000 | 2023 |
| 3 | $25,830 | 62.72% | $43,456 | 36,000 | 2024 |
| 4 | $28,968 | 58.19% | $40,318 | 48,000 | 2025 |
| 5 | $33,500 | 51.65% | $35,786 | 60,000 | 2026 |
| 6 | $36,715 | 47.01% | $32,571 | 72,000 | 2027 |
| 7 | $39,652 | 42.77% | $29,634 | 84,000 | 2028 |
| 8 | $44,579 | 35.66% | $24,707 | 96,000 | 2029 |
| 9 | $47,426 | 31.55% | $21,860 | 108,000 | 2030 |
| 10 | $48,486 | 30.02% | $20,800 | 120,000 | 2031 |
Lexus GX 460 Depreciation
| Years Old | Depreciation | Residual Value | Resale Value |
|---|---|---|---|
| 1 | $15,472 | 77.67% | $53,814 |
| 2 | $21,506 | 68.96% | $47,780 |
| 3 | $25,830 | 62.72% | $43,456 |
| 4 | $28,968 | 58.19% | $40,318 |
| 5 | $33,500 | 51.65% | $35,786 |
| 6 | $36,715 | 47.01% | $32,571 |
| 7 | $39,652 | 42.77% | $29,634 |
| 8 | $44,579 | 35.66% | $24,707 |
| 9 | $47,426 | 31.55% | $21,860 |
| 10 | $48,486 | 30.02% | $20,800 |
If you purchase a used Lexus GX 460 that is 2 years old, then you could save $21,506 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 $11,994. 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 GX 460 models become available.
The Best Model Years to Buy a Lexus GX 460
The 2019 Lexus GX 460 is our top pick for the best model year value for the GX 460. With the 2019, you would only pay, on average, 69% of the price as new, with 83% of the vehicle's useful life remaining. The 2020 and 2018 model years are also attractive years for the GX 460, and provide a relatively good value. Our rankings consider multiple factors, including the GX 460'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 GX 460 models.
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Lexus GX 460 Historical Depreciation
| Year | New Price | Current Price | Maintenance | $ Decline | % Decline | % Paid | Value Rating |
|---|---|---|---|---|---|---|---|
| 2021 | $69,286 | $69,286 | $324 | $0 | 0% | 100% | |
| 2020 | $68,506 | $53,567 | $361 | $15,719 | 22.69% | 77.67% | Better |
| 2019 | $66,947 | $46,597 | $431 | $6,970 | 13.01% | 68.96% | Best |
| 2018 | $65,530 | $41,638 | $537 | $4,959 | 10.64% | 62.72% | Better |
| 2017 | $64,846 | $38,339 | $606 | $3,299 | 7.92% | 58.19% | Good |
| 2016 | $64,210 | $33,914 | $748 | $4,425 | 11.54% | 51.65% | Good |
| 2015 | $63,088 | $30,662 | $1,005 | $3,252 | 9.59% | 47.01% | |
| 2014 | $62,704 | $27,945 | $1,127 | $2,717 | 8.86% | 42.77% | |
| 2013 | $63,946 | $24,013 | $1,209 | $3,932 | 14.07% | 35.66% | |
| 2012 | $63,417 | $21,375 | $1,370 | $2,638 | 10.99% | 31.55% | |
| 2011 | $62,393 | $20,136 | $1,405 | $1,239 | 5.8% | 30.02% | |
| 2010 | $61,377 | $19,358 | $1,599 | $778 | 3.86% | 28.93% |
| Year | Price | % Paid | Value Rank |
|---|---|---|---|
| 2021 | $69,286 | 100% | |
| 2020 | $53,567 | 77.67% | Better |
| 2019 | $46,597 | 68.96% | Best |
| 2018 | $41,638 | 62.72% | Better |
| 2017 | $38,339 | 58.19% | Good |
| 2016 | $33,914 | 51.65% | Good |
| 2015 | $30,662 | 47.01% | |
| 2014 | $27,945 | 42.77% | |
| 2013 | $24,013 | 35.66% | |
| 2012 | $21,375 | 31.55% | |
| 2011 | $20,136 | 30.02% | |
| 2010 | $19,358 | 28.93% |
Other Lexus GX 460 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 GX 460 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:
