Lexus RX 350 Depreciation

A Lexus RX 350 will depreciate 42% after 5 years and have a 5 year resale value of $32,262.

The Lexus RX 350 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 13,500 miles per year. It also assumes a selling price of $55,692 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

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $10,827 80.56% $44,865 13,500 2021
2 $13,706 75.39% $41,986 27,000 2022
3 $16,992 69.49% $38,700 40,500 2023
4 $20,846 62.57% $34,846 54,000 2024
5 $23,430 57.93% $32,262 67,500 2025
6 $27,913 49.88% $27,779 81,000 2026
7 $30,519 45.20% $25,173 94,500 2027
8 $34,897 37.34% $20,795 108,000 2028
9 $36,044 35.28% $19,648 121,500 2029
10 $37,353 32.93% $18,339 135,000 2030

Lexus RX 350 Depreciation

Years Old Depreciation Residual Value Resale Value
1 $10,827 80.56% $44,865
2 $13,706 75.39% $41,986
3 $16,992 69.49% $38,700
4 $20,846 62.57% $34,846
5 $23,430 57.93% $32,262
6 $27,913 49.88% $27,779
7 $30,519 45.20% $25,173
8 $34,897 37.34% $20,795
9 $36,044 35.28% $19,648
10 $37,353 32.93% $18,339

Lexus RX 350 Depreciation Calculator

Current Vehicle Age
Current Price
Own it For
Annual Miles

If you purchase a used Lexus RX 350 that is 2 years old, then you could save $13,706 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 $9,724. 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 $297 $0 0% 100%
2019 $53,706 $43,600 $334 $12,092 21.71% 80.56% Best
2018 $52,078 $39,665 $403 $3,935 9.03% 75.39% Better
2017 $50,153 $35,360 $509 $4,305 10.85% 69.49% Better
2016 $49,012 $31,244 $579 $4,116 11.64% 62.57% Good
2015 $39,131 $23,389 $720 $7,855 25.14% 57.93% Good
2014 $40,189 $21,026 $978 $2,363 10.1% 49.88%
2013 $39,092 $18,769 $1,100 $2,257 10.73% 45.2%
2012 $38,484 $15,550 $1,181 $3,219 17.15% 37.34%
2011 $37,886 $14,711 $1,343 $839 5.4% 35.28%
2010 $36,504 $13,398 $1,378 $1,313 8.93% 32.93%
2009 $36,385 $10,329 $1,572 $3,069 22.91% 24.07%
2008 $35,910 $9,480 $1,847 $849 8.22% 21.26%
Year Price % Paid Value Rank
2020 $55,692 100%
2019 $43,600 80.56% Best
2018 $39,665 75.39% Better
2017 $35,360 69.49% Better
2016 $31,244 62.57% Good
2015 $23,389 57.93% Good
2014 $21,026 49.88%
2013 $18,769 45.2%
2012 $15,550 37.34%
2011 $14,711 35.28%
2010 $13,398 32.93%
2009 $10,329 24.07%
2008 $9,480 21.26%

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: