Loading

Do Lexus hold their resale value?

Yes, Lexus vehicles are known for holding their resale value exceptionally well compared to many other luxury and non-luxury brands. Lexus, Toyota's luxury division, has consistently ranked among the top brands for resale value in industry studies and reports.


Lexus Reputation for Quality and Reliability


Lexus' reputation for quality, reliability, and customer satisfaction is a key factor in its strong resale values. Lexus vehicles are renowned for their exceptional build quality, durable components, and long-term dependability. This reputation for reliability helps maintain high demand for used Lexus models, which in turn supports strong resale values. 1 2


Lexus Resale Value Compared to Other Brands


Industry data consistently shows Lexus as one of the luxury brands with the best resale values. According to Kelley Blue Book, Lexus vehicles retain an average of 49.4% of their original value after 36 months, compared to 44.3% for the luxury segment overall. 3 4


Some key reasons Lexus holds its value so well include:



  • Low depreciation rates: Lexus models typically experience lower depreciation compared to many other luxury brands.

  • High demand for used Lexus vehicles: There is strong consumer demand for pre-owned Lexus models, which helps maintain resale values.

  • Lexus brand reputation: The Lexus brand is highly regarded for quality, reliability, and customer satisfaction, which boosts resale appeal.

  • Toyota engineering and parts availability: As a Toyota subsidiary, Lexus benefits from the automaker's renowned engineering and widespread parts availability.


Overall, Lexus' combination of quality, reliability, and brand reputation make it one of the luxury automotive brands with the best resale values on the market.

What is the #1 most depreciating car?


Cars That Hold Their Value Worst

  • Jagur I-Pace: 72.2% Depreciation.
  • BMW 7 Series: 67.1% Depreciation.
  • Tesla Model S: 65.2% Depreciation.
  • Infiniti QX80: 65.0% Depreciation.
  • Maserati Ghibli: 64.7% Depreciation.
  • BMW 5 Series: 64.7% Depreciation.
  • Nissan Leaf: 64.1% Depreciation.
  • Maserati Levante: 63.7% Depreciation.



Does Lexus have a good resale value?


Yes, Lexus has a good resale value and is consistently ranked as a top luxury brand for holding its value. This is due to factors like robust craftsmanship, reliability, and lower depreciation rates compared to other luxury brands. Organizations like Kelley Blue Book have recognized Lexus as the top luxury brand for resale value, with certain models like the GX, LX, and LS known for particularly strong performance. 
Factors contributing to Lexus's strong resale value

  • Craftsmanship and reliability: Lexus vehicles are built with high-quality materials and have a reputation for long-term dependability, which makes them more desirable on the used car market. 
  • Lower depreciation: Lexus cars often depreciate slower than other luxury vehicles, meaning they lose value at a slower rate over time. 
  • Brand reputation: The brand's reputation for quality, durability, and luxury attracts many buyers, both new and used, which helps support resale prices. 
  • Specific model performance: Certain models are known for exceptional value retention. For example, the Lexus LX 570 has been cited as retaining a high percentage of its value over five years. 

How to maximize resale value
  • Keep up with maintenance: Regularly servicing the vehicle according to the owner's manual will ensure its longevity and value. 
  • Maintain good condition: A well-maintained exterior and interior, along with good tire condition, will significantly impact the final resale price. 
  • Minimize mileage: Lower mileage is always preferable and will increase the car's value. 



Which luxury car retains its value the best?


Luxury cars with the best resale value include Lexus models like the RX, GX, and LX, the Porsche 911, and the Mercedes-Benz G-Class. Lexus is consistently praised for its strong resale value across many models due to its reliability and low depreciation, while the Porsche 911 is a benchmark for sports cars and the Mercedes-Benz G-Class holds value exceptionally well. 
Lexus

  • Models: Lexus holds the top spot for luxury resale value, with models like the RX, GX, LX, ES, and NX all performing well. 
  • Reasons: High reliability and robust engineering are key factors in why Lexus vehicles retain their value. 

Porsche
  • Models: The 911 is a standout, retaining over 60% of its value after five years. Other models like the Cayenne and Macan can also hold their value well.
  • Reasons: A loyal global following, consistent design, and strong performance contribute to its enduring appeal. 

Mercedes-Benz
  • Models: The G-Class is a prime example of a Mercedes-Benz model with strong resale value, largely due to its timeless design and iconic status. Other models like the AMG GT and GLB 250 also show strong 7-year residual values. 
  • Reasons: While some models depreciate quickly, certain Mercedes-Benz vehicles retain value well due to timeless styling, prestige, and select model performance. 

Other notable mentions
  • Audi: Models like the A5 Sportback and RS 3 Sedan show good value retention. 
  • BMW: Certain performance models, especially in the M-series, can hold value well. 
  • Acura: Acura models generally have competitive resale values within the luxury segment. 



Which Lexus models depreciate the most?


Yes, the Lexus RZ is No. 179 on the CarEdge list of luxury vehicles that lose the most value. But really, that's not as bad as you may think. There are 38 vehicles that have worse depreciation rates on the list, and Land Rover's Range Rover brings up the rear by retaining only 24.4% of its value.


Kevin's Auto

Kevin Bennett

Company Owner

Kevin Bennet is the founder and owner of Kevin's Autos, a leading automotive service provider in Australia. With a deep commitment to customer satisfaction and years of industry expertise, Kevin uses his blog to answer the most common questions posed by his customers. From maintenance tips to troubleshooting advice, Kevin's articles are designed to empower drivers with the knowledge they need to keep their vehicles running smoothly and safely.