How much is a 2020 Lexus 350 worth?
The 2020 Lexus ES 350 is a midsize luxury sedan that typically retails for between $40,000 to $50,000, depending on the specific trim level and options. However, the actual value of a used 2020 Lexus ES 350 can vary significantly based on factors like mileage, condition, and location.
Factors Affecting 2020 Lexus ES 350 Value
Several key factors influence the value of a 2020 Lexus ES 350:
- Mileage: Lower mileage vehicles tend to have higher resale values. The average 2020 Lexus ES 350 has around 30,000 to 50,000 miles on the odometer.
- Condition: Vehicles in excellent, well-maintained condition will command higher prices than those with significant wear and tear or damage.
- Location: Prices for used Lexus ES 350s can vary by region based on local supply and demand.
- Trim Level and Options: Higher trim levels with more features and options will be worth more than base models.
By considering these factors, you can get a better sense of what a 2020 Lexus ES 350 is worth in your local market.
Typical 2020 Lexus ES 350 Prices
According to recent data from Source, the average price for a used 2020 Lexus ES 350 is around $42,500. However, prices can range from $38,000 for a base model with high mileage to $48,000 or more for a low-mileage, well-equipped version. Source notes that the most newsworthy information, such as the typical price range, is presented first in a journalistic style.
Tips for Determining a Fair Price
- Research prices for similar 2020 Lexus ES 350 models in your area using online marketplaces and dealer listings.
- Consider the vehicle's history, including maintenance records and any accidents or damage.
- Get a professional appraisal or use an online valuation tool to get a more accurate assessment of the car's worth.
- Negotiate based on the vehicle's condition, mileage, and your research on fair market value.
By understanding the key factors that influence the value of a 2020 Lexus ES 350, you can make a more informed decision when buying or selling this popular luxury sedan.
How much can I sell my Lexus RX 350 for?
2021 Lexus RX 350 Value - $25,622-$36,326 | Edmunds.
How much does a 2020 Lexus 350 cost?
2020 Lexus RX Pricing
| Original MSRP | KBB Fair Purchase Price (national avg.) | |
|---|---|---|
| RX 350 Sport Utility 4D | $52,985 | $31,211 |
| RX 350 F SPORT SUV 4D | $54,365 | $35,140 |
| RX 350L Sport Utility 4D | $55,565 | $34,168 |
| RX 450h F SPORT SUV 4D | $55,615 | $37,112 |
What should I pay for a Lexus 350?
2023 Lexus RX 350 MSRP and Invoice Price
| Trims | MSRP | Edmunds Suggested |
|---|---|---|
| Premium | $50,550 | $44,330 |
| Premium Plus Most Popular | $53,150 | $46,603 |
| Luxury | $56,550 | $49,574 |
| F SPORT | $57,750 | $50,875 |
What is the recall on the 2020 Lexus ES 350?
2020 Lexus ES 350 Recall
A short circuit may develop in the Occupant Classification System (OCS) sensor, preventing the front passenger air bag from deploying. Action Need To Fix It: Dealers will inspect and replace the sensor as necessary, free of charge. Owner letters were mailed October 31, 2024.
Does Lexus IS 350 hold its value?
Lexus IS 350 Depreciation
Like virtually the entire Lexus lineup, the IS 350 holds its value well, and makes for a great investment (from a car standpoint).
Do Lexus hold their resale value?
Honda and Lexus were again named the mass-market and premium vehicle brands most likely to retain more of their value three years after vehicle purchase, according to J.D. Power.
How much should I pay for a 2020 Lexus ES 350?
2020 Lexus ES Pricing
| Original MSRP | KBB Fair Purchase Price (national avg.) | |
|---|---|---|
| ES 350 Sedan 4D | $40,925 | $27,753 |
| ES 300h Sedan 4D | $43,035 | $29,152 |
| ES 350 Luxury Sedan 4D | $43,780 | $28,893 |
| ES 350 Ultra Luxury Sedan 4D | $44,775 | $31,440 |
How much is a Lexus is350 worth?
2022 Lexus IS IS 350 F SPORT Sedan 4D Depreciation
A 2022 Lexus IS IS 350 F SPORT Sedan 4D has depreciated $9,258 or 20% in the last 3 years and has a current resale value of $35,947 and trade-in value of $32,573.
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 is the trade-in value of a 2020 Lexus es350?
A 2020 Lexus ES ES 350 Sedan 4D has depreciated $12,858 or 33% in the last 3 years and has a current resale value of $25,432 and trade-in value of $22,026.
