How much is a 2002 Lexus ES 300 worth used?
Typically, a 2002 Lexus ES 300 in drivable condition is worth about $2,500 to $5,000 today, depending on mileage, maintenance history, and overall condition. Private-party sales usually command higher prices than dealer trade-ins for well-maintained examples.
What drives that range are factors like mileage, service history, cosmetic condition, accident history, trim level, and regional demand. This article outlines current valuation ranges, explains which factors move the needle, and shows how to check precise figures for your market.
Current valuation snapshot
Pricing varies with mileage and condition, so use these bands as a baseline for planning your sale or trade-in.
Mileage bands and condition definitions
The following ranges reflect typical private-party values and dealer trade-in estimates for a 2002 ES 300 in common market conditions.
- Private-party value (condition-based ranges):
- Excellent/low miles (under ~120,000 miles): about $4,500–$6,500
- Good/average miles (~120,000–150,000): about $3,000–$4,500
- Fair/high miles (over ~150,000): about $2,500–$3,000
- Dealer trade-in value: typically about $2,000–$3,500, depending on local demand, negotiation, and market conditions.
Actual offers will vary by region, vehicle history, and exact configuration, so consult several sources for a precise figure in your area.
How to verify current value
To pin down a precise value for your car, consult multiple valuation guides and compare local listings. Here are practical steps:
- Check Kelley Blue Book (KBB) for your vehicle’s year, trim, mileage, and condition to see trade-in and private-party ranges.
- Look up Edmunds True Market Value (TMV) for your area and mileage to understand current market pricing.
- Consult the NADA Used Car Guide for wholesale and retail ranges in your region.
- Search local listings (Craigslist, Facebook Marketplace, Autotrader) to see what similar ES 300s are asking near you.
- Compile your car’s maintenance history, mileage, title status, and any accident records to factor into offers.
With a careful comparison of these sources, you can set a realistic asking price or negotiate a fair trade-in offer with confidence.
Maximizing value before selling or trading in
If you plan to sell or trade in your ES 300, these steps can help you secure a better price:
- Address cosmetic issues and ensure tires, brakes, and fluids are in good condition.
- Provide a complete service history and up-to-date maintenance documentation.
- Gather all keys, manuals, and any remaining factory accessories; consider minor cosmetic touch-ups.
- Get a professional inspection or appraisal if you’re unsure about your car’s condition.
Small investments in presentation and documentation can translate to a noticeably higher offer from buyers or dealers.
Summary
For a 2002 Lexus ES 300, private-party values generally fall in the $2,500–$5,000 range, with dealer trade-ins typically lower at about $2,000–$3,500. Determine precise figures by consulting multiple valuation guides (KBB, Edmunds, NADA) and by surveying current local listings. Market conditions and vehicle history will ultimately determine where your car falls within these bands.
What's the value of a 2002 Lexus?
A 2002 Lexus IS has depreciated $673 or 11% in the last 3 years and has a current resale value of $4,964 and trade-in value of $2,634.
How much is a 2002 Lexus ES300 worth?
A 2002 Lexus ES 300 is worth approximately $2,000 to $6,000, though prices vary significantly based on condition, mileage, and location. You can get a more accurate estimate by using online appraisal tools from sites like Kelley Blue Book, Edmunds, or TrueCar.
Factors that influence value
- Condition: A vehicle in excellent, well-maintained condition with low mileage will be worth more.
- Mileage: Higher mileage typically decreases the value, while lower mileage increases it.
- Location: Prices can fluctuate depending on the local market.
- Trim and options: Specific trim levels and optional features can affect the final price.
How to get an exact value
- Kelley Blue Book (KBB): Provides both private party resale and trade-in values. For example, one estimate for a 2002 ES 300 is about $3,913 in resale value and $2,141 for trade-in.
- Edmunds: Offers an appraisal tool to get a specific value based on your car's details.
- TrueCar: Shows current listings and helps estimate the value based on comparable vehicles for sale in your area.
- CarMax: Provides an instant online offer based on the vehicle's information.
What is the resale value of the Lexus ES?
There are 69 used Lexus ES available at CarWale. Starting price of a second-hand Lexus ES is Rs. 22.9 Lakh. Some of the used Lexus ES on CarWale come with a 7-day money back guarantee, 167 points certification check and a 15000km comprehensive warranty.
How much is a 2002 is300 KBB worth?
A 2002 Lexus IS IS 300 SportCross Hatchback 4D has depreciated $756 or 12% in the last 3 years and has a current resale value of $5,532 and trade-in value of $3,030.
