How much is a 2018 Lexus ES worth?
The 2018 Lexus ES is a luxury sedan known for its comfort, reliability, and advanced technology. As with any vehicle, its value can fluctuate based on various factors such as mileage, condition, location, and market demand. In this article, we will explore the current market value of the 2018 Lexus ES and what influences its pricing.
Current Market Value
As of February 2025, the average price for a used 2018 Lexus ES typically ranges from $25,000 to $35,000. However, this can vary significantly based on specific factors:
- Mileage: Lower mileage vehicles tend to command higher prices.
- Condition: Cars in excellent condition with no accidents or major repairs will be valued higher.
- Trim Level: The ES comes in various trims, such as the ES 350 and ES 300h (hybrid), which can affect pricing.
- Location: Prices can vary by region due to local demand and supply.
- Market Trends: Economic factors and consumer preferences can influence the overall market value.
Factors Influencing Value
When determining the worth of a 2018 Lexus ES, consider the following factors:
- Vehicle History: A clean history report with no accidents or title issues enhances value.
- Service Records: Regular maintenance and service records can positively impact resale value.
- Upgrades and Features: Additional features such as advanced safety systems, premium audio, and navigation can increase value.
- Market Demand: Seasonal trends and the popularity of luxury sedans can affect pricing.
Conclusion
In summary, the 2018 Lexus ES remains a desirable option in the luxury sedan market, with values typically ranging from $25,000 to $35,000. To get the best price, sellers should ensure their vehicle is well-maintained and consider the factors that influence its market value. Buyers should conduct thorough research and consider the vehicle's condition and history before making a purchase.
Frequently Asked Questions
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.
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.
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.
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 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.
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.
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 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.
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.
