How much does a 2020 Lexus NX 300 cost?
The 2020 Lexus NX 300 is a compact luxury crossover SUV that starts at an MSRP of $37,510 for the base model. However, the final cost can vary depending on the specific trim level, optional features, and location. This article provides a detailed breakdown of the 2020 Lexus NX 300 pricing and cost considerations.
Lexus NX 300 Trim Levels and Pricing
The 2020 Lexus NX 300 is available in the following trim levels:
- NX 300 Base: MSRP starting at $37,510
- NX 300 F Sport: MSRP starting at $40,960
- NX 300 Luxury: MSRP starting at $42,810
- NX 300 Premium: MSRP starting at $39,810
The base NX 300 model comes well-equipped with features like a 2.0-liter turbocharged engine, 17-inch alloy wheels, dual-zone automatic climate control, and a 8-inch infotainment display. Higher trim levels add more premium features, such as a larger 10.3-inch display, heated and ventilated front seats, a premium audio system, and advanced safety technologies.
Additional Cost Considerations
In addition to the base MSRP, there are several other factors that can impact the final cost of a 2020 Lexus NX 300:
- Optional Features: Lexus offers a wide range of optional packages and standalone features, such as a panoramic moonroof, a heads-up display, and a surround-view camera system. These can add thousands to the overall price.
- Destination Charge: Lexus charges a destination fee, which is typically around $1,025 for the NX 300.
- Dealer Markups: Some dealers may add their own markups or "market adjustments" on top of the MSRP, especially for in-demand models or during periods of low inventory.
- Regional Pricing Variations: MSRP and actual transaction prices can vary depending on the local market and competition in a given region.
- Taxes and Fees: State and local sales taxes, registration fees, and other administrative costs will also be added to the final price.
By considering these additional factors, buyers can get a more accurate estimate of the total cost of owning a 2020 Lexus NX 300.
Is nx 300 worth the money?
On the highway, the NX 300 makes a great road-trip vehicle thanks to its hushed cabin and supple suspension. And even at the base trim level, the NX comes with safety features such as forward collision mitigation, lane departure warning, and blind-spot monitoring with rear-cross traffic alert.
Is Lexus NX 300 a luxury car?
The 2023 Lexus NX compact SUV brings luxury, speed, and safety to its new models. Each trim features a 4-cylinder engine with powerful horsepower for better acceleration and performance.
Which luxury SUV has the highest resale value?
Best Resale Value Luxury Large SUVs
- Lexus LX 570: 54.7%
- Lexus LX 600: 54.7%
- Mercedes-Benz G-Class: 54.7%
- Volvo XC90: 45.6%
- Buick Enclave: 45.5%
Do Lexus NX hold their value?
A 2023 Lexus NX has depreciated $9,450 or 23% in the last 2 years and has a current resale value of $30,305 and trade-in value of $26,889. The 2023 Lexus NX is in the top 10-25% for depreciation among all 2023 SUVs.
What is the best Lexus NX to buy?
We think the best version is the hybrid. It gets 38 mpg overall, and the powertrain feels more refined during regular driving than the NX 350's 275-hp turbocharged four-cylinder. That engine returned 25 mpg overall in our tests. Handling is responsive though short of sporty, and the ride is firm but comfortable.
Is Lexus NX 300 expensive to maintain?
Maintaining a Lexus NX 300 will cost $482 per year on average through the first 5 years of new ownership. Costs and probability of repair increase over time.
How much should I pay for Lexus NX 300?
2021 Lexus NX pricing starts at $25,555 for the NX 300 Sport Utility 4D, which had a starting MSRP of $38,635 when new.
How many miles will a Lexus NX 300 last?
300,000 miles
The Lexus NX is known for its reliability and longevity, reflecting the brand's dedication to quality engineering. On average, a Lexus NX can last up to 300,000 miles or more with proper care and maintenance, according to Vehicle HQ.
What is a 2020 Lexus NX 300 worth?
A 2020 Lexus NX 300 Sport Utility 4D has depreciated $13,241 or 39% in the last 3 years and has a current resale value of $20,516 and trade-in value of $17,806.
What is the resale value of a 2020 Lexus?
A 2020 Lexus ES ES 300h Sedan 4D has depreciated $14,393 or 34% in the last 3 years and has a current resale value of $27,016 and trade-in value of $23,693.
