Lexus RX 350 Depreciation

A Lexus RX 350 will depreciate 38% after 5 years and have a 5 year resale value of $34,867.

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 $56,685 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 $9,807 82.70% $46,878 12,000 2022
2 $12,068 78.71% $44,617 24,000 2023
3 $15,815 72.10% $40,870 36,000 2024
4 $18,292 67.73% $38,393 48,000 2025
5 $21,818 61.51% $34,867 60,000 2026
6 $24,352 57.04% $32,333 72,000 2027
7 $28,966 48.90% $27,719 84,000 2028
8 $31,086 45.16% $25,599 96,000 2029
9 $35,439 37.48% $21,246 108,000 2030
10 $36,828 35.03% $19,857 120,000 2031

Lexus RX 350 Depreciation

Years Old Depreciation Residual Value Resale Value
1 $9,807 82.70% $46,878
2 $12,068 78.71% $44,617
3 $15,815 72.10% $40,870
4 $18,292 67.73% $38,393
5 $21,818 61.51% $34,867
6 $24,352 57.04% $32,333
7 $28,966 48.90% $27,719
8 $31,086 45.16% $25,599
9 $35,439 37.48% $21,246
10 $36,828 35.03% $19,857

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 $12,068 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 $9,750. 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 2020 Lexus RX 350 is our top pick for the best model year value for the RX 350. With the 2020, you would only pay, on average, 83% of the price as new, with 92% of the vehicle's useful life remaining. The 2019 and 2018 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
2021 $56,685 $56,685 $299 $0 0% 100%
2020 $55,692 $46,391 $336 $10,294 18.16% 82.7% Best
2019 $53,706 $42,677 $405 $3,714 8.01% 78.71% Better
2018 $52,078 $38,060 $511 $4,617 10.82% 72.1% Better
2017 $50,153 $34,551 $581 $3,509 9.22% 67.73% Good
2016 $49,012 $30,870 $722 $3,681 10.65% 61.51% Good
2015 $39,131 $23,300 $980 $7,570 24.52% 57.04%
2014 $40,189 $20,756 $1,102 $2,544 10.92% 48.9%
2013 $39,092 $18,837 $1,183 $1,919 9.25% 45.16%
2012 $38,484 $15,769 $1,345 $3,068 16.29% 37.48%
2011 $37,886 $14,650 $1,380 $1,119 7.1% 35.03%
2010 $36,504 $13,475 $1,574 $1,175 8.02% 32.6%
2009 $36,385 $10,409 $1,849 $3,066 22.75% 23.53%
Year Price % Paid Value Rank
2021 $56,685 100%
2020 $46,391 82.7% Best
2019 $42,677 78.71% Better
2018 $38,060 72.1% Better
2017 $34,551 67.73% Good
2016 $30,870 61.51% Good
2015 $23,300 57.04%
2014 $20,756 48.9%
2013 $18,837 45.16%
2012 $15,769 37.48%
2011 $14,650 35.03%
2010 $13,475 32.6%
2009 $10,409 23.53%

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: