How much does the Lexus RX cost?
As a popular luxury SUV, the Lexus RX combines style, comfort, and advanced technology. However, potential buyers often wonder about the overall cost of owning this vehicle, including its purchase price, maintenance, and insurance. In this article, we will break down the various factors that contribute to the cost of the Lexus RX, helping you make an informed decision.
Purchase Price
The starting price for a new Lexus RX typically ranges from $45,000 to $60,000, depending on the model and trim level. The RX 350, for instance, is generally priced at around $45,000, while the hybrid version, RX 450h, can start at approximately $50,000. Higher trims, such as the RX F SPORT, can exceed $60,000.
Factors Influencing the Cost
Several factors can influence the final price of a Lexus RX:
- Trim Level: Different trims come with varying features and price points.
- Optional Features: Additional packages, such as premium audio systems or advanced safety features, can increase the cost.
- Location: Prices may vary based on regional demand and dealership pricing strategies.
Maintenance Costs
Owning a Lexus RX also involves ongoing maintenance costs. On average, you can expect to spend about $500 to $700 annually on routine maintenance, which includes oil changes, tire rotations, and brake inspections. Lexus vehicles are known for their reliability, but it's essential to budget for unexpected repairs as well.
Insurance Costs
Insurance premiums for the Lexus RX can vary widely based on factors such as your driving history, location, and coverage options. On average, you might pay between $1,200 and $1,800 per year for full coverage insurance on a Lexus RX. It's advisable to shop around for quotes to find the best rate.
Conclusion
In summary, the cost of owning a Lexus RX can range significantly based on the model, features, and your personal circumstances. With a starting price of around $45,000, plus maintenance and insurance costs, it's crucial to consider your budget and needs before making a purchase. The Lexus RX offers a blend of luxury and reliability, making it a worthwhile investment for many drivers.
Frequently Asked Questions
How much should I pay for a Lexus RX 350?
Prices for a new Lexus RX 350 currently range from $48,380 to $66,104.
How many miles can a Lexus RX 350 last?
250,000 miles
The average vehicle can register around 150,000 miles on the odometer. When it comes to the Lexus RX 350, how long does it last? When properly cared for and driven, the Lexus RX can last for 250,000 miles or more.
How much does a new Lexus RX cost?
We've broken down the cost of each trim level of this SUV below: 2024 Lexus RX 350: $49,950 MSRP* 2024 Lexus RX 350 Premium: $52,100 MSRP* 2024 Lexus RX 350 Premium+: $53,950 MSRP*
What is the average life of a Lexus RX 350?
The average vehicle can register around 150,000 miles on the odometer. When it comes to the Lexus RX 350, how long does it last? When properly cared for and driven, the Lexus RX can last for 250,000 miles or more.
What is Lexus' best selling SUV?
RX SUV
The five-seat RX SUV continues to be the number-one most popular Lexus model according to recent sales data. Hybrid variants, competitive pricing, advanced standard features, and more make the RX the most popular Lexus model.
Is Lexus RX 350 high maintenance?
A Lexus RX 350 will cost about $7,587 for maintenance and repairs during its first 10 years of service. This beats the industry average for luxury SUV models by $6,565. There is also a 20.47% chance that a RX 350 will require a major repair during that time.
What is the cheapest Lexus SUV to buy?
2021 Lexus UX
The 2021 Lexus UX small-crossover SUV is the cheapest way to own a brand-new Lexus.
Is Lexus RX a reliable car?
The 2023 Lexus RX 350 earned a score of 85 out of 100. This rating is a combination of quality and dependability scores, with quality scores based on initial owners response and feedback of a new purchase and dependability scores focused on longer-term ownership experiences of three years.
Is Lexus RX 350 considered a luxury car?
The answer is yes — Lexus is the luxury brand of Toyota. That means that Lexus models maintain the reliability of Toyota vehicles while demonstrating true luxury like Mercedes-Benz, BMW, and other luxury auto brands.
What is the most common problem with Lexus RX 350?
Oil leaks. A significant issue plaguing early Lexus RX 350 models was oil leaks from the engine, causing maintenance challenges and expensive repairs and even leading to a replacement engine. Due to these leaks, many owners had to pay for engine sealants or repairs.
