Does Lexus UX have good resale value?
The Lexus UX, a luxury subcompact SUV, has gained popularity for its sleek design, advanced technology, and the reliability associated with the Lexus brand. But when it comes to resale value, how does it stack up? In this article, we’ll explore the factors that influence the resale value of the Lexus UX and whether it’s a smart investment for those considering long-term ownership.
What Determines Resale Value?
Resale value is influenced by a variety of factors, including brand reputation, reliability, demand in the used car market, and the overall condition of the vehicle. Lexus, as a brand, is known for its strong resale value due to its reputation for quality and dependability. Let’s break down the key factors:
- Brand Reputation: Lexus is a luxury division of Toyota, a brand synonymous with reliability. This reputation helps maintain higher resale values compared to many competitors.
- Reliability: The Lexus UX benefits from Toyota’s engineering, which ensures durability and low maintenance costs over time.
- Demand: The growing popularity of subcompact SUVs, combined with Lexus’s luxury appeal, keeps the UX in demand in the used car market.
- Condition and Maintenance: Regular maintenance and care significantly impact the resale value of any vehicle, including the Lexus UX.
How Does the Lexus UX Perform in Resale Value Rankings?
According to industry data and resale value rankings, the Lexus UX performs well compared to other vehicles in its class. Luxury vehicles often experience higher depreciation rates, but Lexus models tend to hold their value better than many other luxury brands. This is due to their reliability and the strong demand for pre-owned Lexus vehicles.
For example, the Lexus UX typically retains a significant percentage of its original value after three to five years of ownership, outperforming several competitors in the luxury subcompact SUV segment. This makes it an attractive option for buyers who prioritize long-term value.
Tips to Maximize Resale Value
If you’re considering purchasing a Lexus UX and want to ensure the best possible resale value, here are some tips:
- Keep Up with Maintenance: Follow the manufacturer’s recommended maintenance schedule and keep detailed service records.
- Protect the Exterior and Interior: Regularly wash and wax the exterior, and use seat covers or mats to protect the interior from wear and tear.
- Avoid Excessive Customization: While personalizing your vehicle can be fun, excessive modifications may reduce its appeal to future buyers.
- Drive Responsibly: Avoid accidents and maintain a clean driving record to preserve the vehicle’s condition.
Conclusion
The Lexus UX offers a compelling combination of luxury, reliability, and strong resale value. While all vehicles depreciate over time, the UX stands out in its class for retaining a higher percentage of its value. For those looking for a stylish and dependable subcompact SUV with long-term value, the Lexus UX is a solid choice. By maintaining the vehicle properly and driving responsibly, owners can maximize its resale value and enjoy a rewarding ownership experience.
Frequently Asked Questions
Which luxury SUV holds its value best?
Best Resale Value Luxury Crossover SUVs
- Lexus UX 200: 65.4%
- Lexus NX 300: 61.5%
- Lexus NX 350: 61%
- Lexus NX 250: 60.9%
- Porsche Macan: 60.3%
Do Lexus hold their resale value?
The secret of Lexus' success is multi-faceted, but one of the plus points for those who love this luxury brand is how well Lexus vehicles hold their value. In a world filled with luxury cars that devalue rapidly as soon as they leave a showroom floor, the Lexus range of desirable vehicles maintain strong resale value.
What age group buys Lexus?
The brand says its average buyer age is 53 years old, the exact same age as five years ago. Lexus' buyer loyalty is among the strongest in the industry at 60 percent.
What is the Lexus UX comparable to?
Among its rivals, the 2025 Lexus UX is alone in offering a high-efficiency hybrid powertrain. Sure, you'll find mild-hybrid tech in competitors like the Volvo XC40, but the Lexus is the fuel-sipper of this pack.
What is the life expectancy of a Lexus UX?
around 250,000-300,000 miles
Typically, you will find that a Lexus UX will survive around 250,000-300,000 miles, with a high mileage point at 250,000 miles and good mileage at 200,000 miles. The better you care for your vehicle, the longer it will survive on the road.
Are Lexus expensive cars to repair?
Lexus vehicles usually come with pretty average upkeep costs. According to data from RepairPal, the average annual repair cost for a Lexus vehicle is $551. Naturally, this cost can fluctuate based on vehicle model, age, driving conditions, maintenance practices, and more.
What are the pros and cons of the 2024 Lexus UX?
2024 Lexus UX
- Highs Frisky road manners, dashing interior design, big bang for the buck.
- Lows Leisurely performance, snug trunk space, four-cylinder sounds unrefined when pressed.
- Verdict It's efficient and a good value, but the UX is an SUV with limited space for SUV-like activities.
Does Lexus or Toyota have better resale value?
"For the third consecutive year, Toyota takes home top honors winning Best Resale Value: Brand, and its sibling Lexus wins Best Resale Value: Luxury Brand," said Rheia Szymczyk, senior manager of valuation operations for Kelley Blue Book.
Does a Lexus UX hold its value?
And it gets even better for 2025. Pricing starts at $37,490. The Lexus UX is the most fuel-efficient luxury SUV on the market. It's also the least expensive and boasts exceptional resale value.
Is Lexus UX expensive to insure?
Insuring a Lexus UX usually costs around $1,639 per year with Alliance United. However, the actual price can change depending on factors such as your age, the model year of the car, and other factors.
