How much is a 2016 Lexus GX 460 worth?
The 2016 Lexus GX 460 is a luxury midsize SUV that has maintained its value well over the years. According to recent market data, a 2016 Lexus GX 460 in good condition can be worth anywhere from $30,000 to $45,000, depending on various factors such as mileage, options, and overall condition.
Factors Affecting the Value of a 2016 Lexus GX 460
Several key factors can influence the value of a 2016 Lexus GX 460:
- Mileage: Lower mileage vehicles tend to have higher values, as they are seen as having less wear and tear. A 2016 GX 460 with under 50,000 miles may be worth more than one with over 100,000 miles.
- Condition: The overall condition of the vehicle, both interior and exterior, plays a significant role in its value. Well-maintained GX 460s with no major damage or wear will command higher prices.
- Options and Features: Vehicles with more premium features, such as a premium audio system, navigation, or advanced safety technologies, may be worth more than base models.
- Location and Demand: The regional market and demand for the Lexus GX 460 can also impact its value. Vehicles in high-demand areas or regions may be worth more than those in areas with lower demand.
By considering these factors, you can get a better idea of the value of a specific 2016 Lexus GX 460 you may be interested in buying or selling.
Researching the Value of a 2016 Lexus GX 460
To determine the value of a 2016 Lexus GX 460, you can use online resources such as Kelley Blue Book, Edmunds, or NADA Guides. These websites allow you to input the specific details of the vehicle, such as mileage, condition, and options, to get a more accurate estimate of its value.
Additionally, you can check recent sales prices for similar 2016 Lexus GX 460 models in your local market to get a better sense of the current market value. This can help you negotiate a fair price when buying or selling a 2016 Lexus GX 460.
Do Lexus GX 460 hold their value?
Great Resale Value
However, because of the Lexus reputation for reliability and the buoyant market for luxury SUVs, the GX 460 holds its value relatively well, making it an ideal choice if you're planning to trade in later on.
What is the MSRP for a 2016 Lexus GX 460?
There are three trims of the Lexus GX 460 available: Base, which starts at $51,730 including destination; Premium, which adds LED fog lights, a perforated leather interior, navigation, heated and ventilated power-assist front seats, heated split-bench rear seats, three-zone climate control and rain-sensing wipers and ...
What is a 2016 Lexus 460 worth?
The value of a used 2016 Lexus GX 460 ranges from $17,382 to $29,448, based on vehicle condition, mileage, and options.
Is the 2016 Lexus GX 460 a good car?
The 2016 Lexus GX 460 is one of the few SUVs that's at home on-road or off. The GX 460 is still a luxury-biased SUV, though. It rides softly (especially if you specify the optional air springs) and its 301-horsepower V8 engine delivers all the power one needs in the urban cut-and-thrust.
How much is a 2016 Lexus GX 460?
2016 Lexus GX Pricing
| Original MSRP | KBB Fair Purchase Price (nat'l average) | |
|---|---|---|
| GX 460 Sport Utility 4D | $58,205 | $23,349 |
| GX 460 Luxury Sport Utility 4D | $63,105 | $24,947 |
Why Lexus has high resale value?
Why do Lexus cars hold their value so well? It's simple – the quality. Lexus has an enviable reputation for excellence, both aesthetically and technologically. These are superb quality vehicles with years of research and development behind them.
What is the life expectancy of a 2016 Lexus GX 460?
Typically, a Lexus GX will survive 250,000-300,000 miles on the market. This traditional lifespan means high mileage for the Lexus GX is around 250,000 miles.
Is Lexus gx460 expensive to maintain?
A Lexus GX 460 will cost about $7,856 for maintenance and repairs during its first 10 years of service. This beats the industry average for luxury SUV models by $6,296.
How many miles can a Lexus GX 460 last?
How reliable is the Lexus GX 460? iSeeCars analyzed over 300 million vehicles to find out, and to determine how long each model can last. The Lexus GX 460 has an average lifespan of 176,606 miles or about 14 years.
How much is my Lexus GX 460 worth?
driven per year, with no color or options selected. 2021 Lexus GX 460 trade-in prices range from $33,274 - $46,828. Get a more accurate value for your car with the Edmunds appraisal tool.
