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How much is a Lexus 350 worth?

The value of a Lexus 350 can vary significantly depending on factors such as the vehicle's age, mileage, condition, and location. On average, a used Lexus 350 can range in value from around $20,000 for an older, high-mileage model to over $40,000 for a newer, low-mileage vehicle in excellent condition.

Factors Affecting Lexus 350 Value

Several key factors influence the resale value of a Lexus 350:

Year and Mileage: Newer Lexus 350 models with lower mileage tend to have higher resale values compared to older, high-mileage vehicles.

Condition: The overall condition of the vehicle, including the interior, exterior, and maintenance history, can significantly impact the price.

Location: Prices for used Lexus 350s can vary depending on the regional market, with vehicles in high-demand areas typically commanding higher prices.

Options and Upgrades: Lexus 350 models with additional features, such as premium audio systems, advanced safety technologies, or luxury packages, may have higher resale values.

It's important to research the current market prices for Lexus 350 models with similar characteristics to get a better understanding of the vehicle's worth.

Determining the Value of a Lexus 350

To determine the value of a specific Lexus 350, you can use online tools and resources, such as Kelley Blue Book, Edmunds, or NADA Guides. These platforms provide detailed pricing information based on the vehicle's year, mileage, condition, and location. Additionally, you can compare prices of similar Lexus 350 models listed for sale in your local area to get a more accurate estimate.

It's important to note that the value of a Lexus 350 can also be influenced by market conditions, such as supply and demand, as well as any ongoing incentives or promotions offered by the manufacturer or dealerships.

How much should I pay for a Lexus RX 350?

The price you should pay for a Lexus RX 350 depends on the model year and trim. For the new 2026 models, prices start around $52,775, while 2025 models have starting prices around $50,325 for the base trim, increasing with different features and levels like the Premium, Premium+, and Luxury trims. For a used model, a 2022 model can range from $32,400-$37,400, and older models can be found for under $25,000.
New models

2026 Lexus RX 350: Starting price of approximately $52,775.
2025 Lexus RX 350: Starting price of approximately $50,325, with prices increasing for other trims.

Used models

2022 Lexus RX 350: Recent instant offers range from about $32,400 to $37,400, according to CarMax.
Older models: Many 2016 and older models can be found for under $25,000, depending on condition and mileage.

Factors to consider

Trim level: Prices increase significantly with higher trim levels, such as Premium, Premium+, and Luxury, notes Lexus.
Drivetrain: All-wheel drive (AWD) versions are more expensive than front-wheel drive (FWD) models.
Model year: Newer models will cost more than older, used models.
Condition: For used vehicles, features, mileage, and overall condition will affect the price.
Other costs: Remember to account for additional costs such as taxes, fees, insurance, and potential financing, says Edmunds.

Is a used Lexus RX 350 a good buy?

Yes, a used Lexus RX 350 is a good buy, particularly for those seeking a reliable and durable luxury SUV with strong long-term value. They are known for lasting well beyond 200,000 miles with basic maintenance and are a smart financial choice, especially if you buy a slightly used model to get a significant discount compared to new.

This video discusses the reliability and owner satisfaction of Lexus vehicles, including the RX 350: 59sReDrivenYouTube · Nov 14, 2025
Benefits of buying a used RX 350

Exceptional reliability: Lexus vehicles are known for their long-term durability and are designed to outlast many other cars on the road. They are less likely to have major issues like transmission failures or head gasket problems, even at high mileage.
Strong value retention: The RX 350 holds its value exceptionally well, meaning you can save a substantial amount of money by buying one that is a few years old while still getting a modern and reliable vehicle.
Lower maintenance costs: Compared to European luxury brands, the RX 350 typically requires only basic upkeep like oil changes and tire replacements, and annual maintenance costs are generally low, around $550 per year.
Solid performance: The RX 350 features a capable V6 engine, and owners are generally satisfied with its driving experience.
Quiet and comfortable cabin: The interior is well-finished, offering a high-quality and comfortable experience.

What to consider when buying

Reliable model years: While most model years are good, reliable choices include the 2011-2015 and 2018-2021 generations.
Service history: It is highly recommended to inspect the vehicle and verify its service history, especially for models with higher mileage.
Potential for theft: Be aware that the RX 350 is a popular target for car theft, which could lead to higher insurance premiums.
Third-row space: If you are considering the "L" version with a third row, note that it can be cramped for adult passengers.

This video reviews the interior and driving experience of a 2017 Lexus RX 350: 46sShooting CarsYouTube · Feb 19, 2025

How much can I sell my Lexus RX 350 for?

The Lexus RX 350 has a strong resale value due to its reputation for reliability, though depreciation is highest in the first few years. For example, a 2022 model has seen a significant drop in value, while the 2024 model is considered a top choice for resale value among current models, retaining a high percentage of its original price. Actual resale value depends on the vehicle's age, condition, mileage, and specific options.

Factors affecting resale value

Depreciation: A vehicle's value decreases over time, with the steepest drop happening in the early years.
Condition: The overall condition of the vehicle (e.g., damage-free, well-maintained) significantly impacts its value.
Mileage: Lower mileage generally leads to a higher resale value.
Trim and options: Higher trim levels and specific options can affect the final price.
Market demand: The current market for used cars will influence what a dealer or private buyer is willing to pay.

Examples of resale value

2022 Lexus RX 350: The 2022 model has already experienced a depreciation of around $11,000 in the first two years, with a resale value of about $37,000 as of a recent check.
2023 Lexus RX 350: The value varies significantly by condition, with an "outstanding" trade-in value around $40,991 and a "rough" value around $38,759 for a 2023 model.
2024 Lexus RX 350: According to some analyses, the 2024 model year is the best value to buy due to its high percentage of remaining useful life and lower expected depreciation.

What year is the best Lexus RX 350?

The "best" Lexus RX 350 depends on your priorities, but the 2020-2022 models are excellent for combining modern tech like Apple CarPlay with proven reliability. For a more budget-friendly option, the 2013-2015 years are highly recommended for their durability and naturally aspirated V6 engine. Finally, the 2011 model is often singled out as one of the best of its generation for its overall reliability and comfortable ride.

For modern features and reliability

2020–2022: These years offer a great balance of modern tech, like a revamped infotainment screen with Apple CarPlay and Android Auto, and the dependable 3.5L V6 engine.

For a more budget-friendly option

2013–2015: Praised for their durability and still featuring a naturally aspirated V6 engine, making them a great choice for budget-conscious buyers who value longevity.

For a reliable and comfortable previous generation

2011: This model year is widely regarded as one of the best of its generation, earning top marks for its reliability, comfortable and quiet ride, and user-friendly technology.

Other notable years

2018: Often highlighted for its reliability and is a great choice for those seeking a more recent model.
2014: Another year that frequently appears on lists of the most reliable RX 350s.

Kevin Bennett

Company Owner

Kevin Bennet is the founder and owner of Kevin's Autos, a leading automotive service provider in Australia. With a deep commitment to customer satisfaction and years of industry expertise, Kevin uses his blog to answer the most common questions posed by his customers. From maintenance tips to troubleshooting advice, Kevin's articles are designed to empower drivers with the knowledge they need to keep their vehicles running smoothly and safely.