How much is a 2018 Lexus ES worth?
The 2018 Lexus ES is a mid-size luxury sedan that offers a comfortable ride, a well-appointed interior, and a reputation for reliability. But how much is a 2018 Lexus ES worth? This article will provide a detailed overview of the factors that influence the value of a 2018 Lexus ES, helping you make an informed decision when buying or selling this vehicle.
Factors Affecting 2018 Lexus ES Value
The value of a 2018 Lexus ES can vary depending on several factors, including:
- Mileage: Lower mileage vehicles generally hold their value better than high-mileage ones.
- Condition: Vehicles in excellent condition with no major damage or wear and tear will command a higher price.
- Options and Features: Vehicles with more premium features and options, such as a sunroof, navigation system, or premium audio system, will be worth more.
- Location: Prices can vary depending on the local market and demand in a particular region.
- Trim Level: Higher trim levels, such as the Lexus ES 350 F Sport, will be worth more than lower trim levels.
By considering these factors, you can get a better idea of the value of a specific 2018 Lexus ES.
Average Prices for a 2018 Lexus ES
According to recent data, the average price for a 2018 Lexus ES can range from around $25,000 for a base model with high mileage to $35,000 or more for a low-mileage, well-equipped model in excellent condition. The exact price will depend on the specific vehicle's features, condition, and location.
Tips for Buying or Selling a 2018 Lexus ES
If you're in the market to buy or sell a 2018 Lexus ES, here are some tips to keep in mind:
- Research the Market: Check prices for similar vehicles in your area to get a sense of the current market value.
- Inspect the Vehicle Thoroughly: Carefully examine the vehicle's condition, both inside and out, to ensure you're getting a fair price.
- Negotiate: Be prepared to negotiate the price, especially if the vehicle has higher mileage or minor flaws.
- Consider Timing: Prices may be higher during peak demand seasons, such as the summer months.
By understanding the factors that influence the value of a 2018 Lexus ES and following these tips, you can make a more informed decision when buying or selling this reliable and well-regarded luxury sedan.
How many miles per gallon does a 2018 Lexus ES350 get?
EPA fuel economy ratings are 21/30 mpg city/highway for the ES 350 and 40/39 mpg for the ES 300h.
How much should I pay for a Lexus ES350?
The Manufacturer's Suggested Retail Price (MSRP) for the 2023 Lexus ES 350 starts at $43,090 for the Base base-level trim with destination fee and popular options. Prices will increase as you add options or choose a trim with more features.
What is the MSRP for a 2018 Lexus ES?
Starting at $39,895. Highs Elegant styling, smooth ride, comfortable and quiet cabin. Lows Less athletic than some rivals, lack of folding rear seat limits cargo room, many luxury features cost extra. Verdict The Lexus ES is ideal for buyers who prioritize comfort and ride quality over sporty handling.
What is the common problem in Lexus ES 350?
Some of the most common ones include oil leaks, unintended acceleration, infotainment system problems, and a melting dashboard.
How long will a 2018 Lexus ES350 last?
between 220,000 and 250,000 miles
On average, a Lexus ES 350 can last between 220,000 and 250,000 miles.
Is Lexus ES basically a Camry?
While the Lexus ES and Toyota Camry do share some mechanical underpinnings, the Lexus sedan is focused solely on luxury and comfort. You will feel isolated from the noisy outside world as you drive the 2024 Lexus ES on Freehold, NJ roads and beyond.
Is Lexus ES 350 expensive to insure?
The average minimum for the upgraded ES 350 model, which has more features than the standard version, generally costs around $1,068 per month, while the annual full coverage premium for this model is around $2,580. At Freeway Insurance, we offer affordable car insurance that fits your needs and budget.
Which Lexus to stay away from?
Lexus IS250 (2007-2012)
First up on the list is the second-generation IS250, which has earned a reputation as the Lexus model to absolutely avoid.
What does ES stand for in Lexus?
Executive Sedan
The ES name stands for "Executive Sedan". However, some Lexus importers use the name, "Elegant Sedan".
Is Lexus ES a good used car?
Lexus vehicles are known for their strong resale value, and the 2019 ES 300h is no exception. Thanks to its reputation for reliability and luxury, this model tends to hold its value better than many other used cars on the market.
