How much is a 2021 IS350 worth?
The 2021 Lexus IS350 is a luxury compact sedan that offers a blend of performance, comfort, and reliability. When it comes to determining the value of a 2021 IS350, several factors come into play, including the vehicle's condition, mileage, and market demand. In this article, we'll dive into the details to provide a comprehensive overview of the 2021 Lexus IS350's worth.
Factors Affecting 2021 Lexus IS350 Value
The value of a 2021 Lexus IS350 can vary depending on several key factors:
- Mileage: Lower mileage vehicles tend to hold their value better than high-mileage ones. The average 2021 IS350 has around 30,000 to 50,000 miles on the odometer.
- Condition: The overall condition of the vehicle, including the interior, exterior, and mechanical components, plays a significant role in determining its value. Well-maintained IS350s will command higher prices.
- Location and Market Demand: The demand for the IS350 can vary depending on the geographic region, with certain areas experiencing higher demand and, consequently, higher prices.
- Options and Upgrades: Vehicles with additional features, such as premium packages, advanced safety technologies, or performance upgrades, may be valued higher than base models.
By considering these factors, you can get a better understanding of the current market value for a 2021 Lexus IS350.
Average Prices for a 2021 Lexus IS350
According to recent data, the average price range for a 2021 Lexus IS350 is between $40,000 and $50,000. This range takes into account the various factors mentioned earlier, such as mileage, condition, and location. However, it's important to note that prices can vary significantly based on the specific vehicle and the local market conditions.
For example, a 2021 Lexus IS350 with low mileage (under 30,000 miles) and in excellent condition may fetch a price closer to the higher end of the range, around $50,000. On the other hand, a 2021 IS350 with higher mileage (over 50,000 miles) and some minor cosmetic or mechanical issues may be priced closer to the lower end of the range, around $40,000.
Conclusion
The value of a 2021 Lexus IS350 is influenced by a variety of factors, including mileage, condition, location, and available options. By understanding these key considerations, you can make a more informed decision when buying or selling a 2021 IS350. Whether you're in the market for a used luxury sedan or looking to sell your 2021 Lexus IS350, this information can help you navigate the process and ensure you get a fair price.
What is the MSRP for the new Lexus IS 350?
The Manufacturer's Suggested Retail Price (MSRP) for the 2023 Lexus IS 350 starts at $44,310 for the F SPORT Design base-level trim with destination fee and popular options. Prices will increase as you add options or choose a trim with more features.
How much should I pay for a 2021 Lexus RX 350?
2021 Lexus RX Pricing
| Original MSRP | KBB Fair Purchase Price (national avg.) | |
|---|---|---|
| RX 350 Sport Utility 4D | $47,645 | $34,465 |
| RX 450h Sport Utility 4D | $48,945 | $35,572 |
| RX 350L Sport Utility 4D | $50,475 | $36,702 |
| RX 350 F SPORT SUV 4D | $51,125 | $35,792 |
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).
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 |
How much is a Lexus IS 350 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.
How much is a 2021 Lexus 350 worth?
A 2021 Lexus RX RX 350 Sport Utility 4D has depreciated $18,075 or 36% in the last 3 years and has a current resale value of $31,598 and trade-in value of $28,795.
Is it expensive to maintain a Lexus IS 350?
A Lexus IS 350 will cost about $5,828 for maintenance and repairs during its first 10 years of service. This beats the industry average for luxury sedan models by $3,897. There is also a 15.13% chance that an IS 350 will require a major repair during that time.
How much is a 2021 Lexus worth trade-in?
A 2021 Lexus RX has depreciated $17,953 or 36% in the last 3 years and has a current resale value of $31,720 and trade-in value of $28,942. A 2021 Lexus RX has depreciated $17,953 or 36% in the last 3 years and has a current resale value of $31,720 and trade-in value of $28,942.
How many miles does a Lexus 350 last?
The average vehicle can register around 150,000 miles on the odometer. When it comes to the Lexus RX 350, how long does it last? When properly cared for and driven, the Lexus RX can last for 250,000 miles or more.
Why is Lexus resale so high?
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.
