How much does a Lexus 470 cost?
The Lexus LX 470 is a luxury SUV that has been a popular choice for those seeking a combination of off-road capability and high-end comfort. Whether you're considering purchasing a used model or simply curious about its pricing, understanding the factors that influence its cost is essential. In this article, we’ll explore the price range of the Lexus LX 470 and what affects its value.
Understanding the Lexus LX 470
The Lexus LX 470 was produced between 1998 and 2007, making it a classic luxury SUV. Known for its reliability, powerful V8 engine, and advanced features for its time, it remains a sought-after vehicle in the used car market. However, since it is no longer in production, the cost of a Lexus LX 470 depends on several factors, including its condition, mileage, and model year.
Factors That Affect the Cost of a Lexus LX 470
When determining the price of a Lexus LX 470, consider the following factors:
- Model Year: Newer models, such as those from 2006 or 2007, tend to cost more than older ones due to updated features and lower average mileage.
- Mileage: Vehicles with lower mileage are generally more expensive, as they are likely to have less wear and tear.
- Condition: A well-maintained Lexus LX 470 with a clean service history will command a higher price than one with visible damage or mechanical issues.
- Location: Prices can vary depending on the region, as demand for SUVs like the LX 470 may be higher in certain areas.
- Modifications: Customizations, such as upgraded wheels or off-road enhancements, can increase the vehicle's value.
Typical Price Range
As of 2025, the price of a used Lexus LX 470 typically ranges between $10,000 and $25,000. Here’s a breakdown of what you might expect:
- Older Models (1998-2002): These models are often priced between $10,000 and $15,000, depending on mileage and condition.
- Mid-Range Models (2003-2005): Prices for these years generally fall between $15,000 and $20,000.
- Newer Models (2006-2007): These are the most expensive, with prices ranging from $20,000 to $25,000, especially if they are in excellent condition.
Is the Lexus LX 470 Worth the Investment?
The Lexus LX 470 is known for its durability and luxury, making it a great investment for those who value a reliable and comfortable SUV. Its off-road capabilities and high resale value further enhance its appeal. However, potential buyers should always have the vehicle inspected by a trusted mechanic to ensure it is in good condition before making a purchase.
Conclusion
In summary, the cost of a Lexus LX 470 varies widely based on factors like model year, mileage, and condition. With prices ranging from $10,000 to $25,000, it remains an attractive option for those seeking a dependable luxury SUV. If you’re considering purchasing one, take the time to research and inspect the vehicle to ensure it meets your needs and expectations.
Frequently Asked Questions
Do they still make the Lexus 470?
Four generations have been produced, all based heavily on the long-running Toyota Land Cruiser SUVs. The first-generation LX 450 started production in 1995 as Lexus' first entry into the SUV market. Its successor, the LX 470, premiered in 1998 and was manufactured until 2007.
What year to avoid Lexus GX 470?
The highest number of complaints involved the 2006 Lexus GX470. However, the 2003 model year is considered the worst GX470 for reasons like higher repair cost for its particular problems.
How many miles can a Lexus GX 470 last?
around 250,000-300,000 miles
Since the Lexus GX can survive for around 250,000-300,000 miles, if the previous owner of the car cared for it, you should be okay. We recommend having a mechanic look at it or taking it on a test drive first to ensure you're making the best decision.
What is a Lexus GX 470 worth?
The value of a used 2007 Lexus GX 470 ranges from $2,482 to $7,060, based on vehicle condition, mileage, and options. Get a free appraisal here.
