How much is a Lexus ES 350 worth?
The Lexus ES 350 is a popular mid-size luxury sedan that typically ranges in value from around $35,000 for a used model to over $50,000 for a brand new one, depending on factors like mileage, condition, and features. The exact value of a Lexus ES 350 can vary significantly based on the specific vehicle's age, mileage, options, and overall condition.
Factors Affecting Lexus ES 350 Value
Several key factors influence the value of a Lexus ES 350:
- Age and Mileage: Newer Lexus ES 350 models with lower mileage will generally have a higher value than older, high-mileage vehicles.
- Condition: The overall condition of the vehicle, including the interior, exterior, and mechanical components, plays a significant role in determining its value.
- Options and Features: Lexus ES 350 models with additional features and options, such as premium audio systems, advanced safety technologies, or luxury packages, will typically have a higher value.
- Location and Market Demand: The geographic location and local market demand for the Lexus ES 350 can also impact its value, with some regions commanding higher prices than others.
To get a more accurate estimate of the value of a specific Lexus ES 350, it's best to consult resources like Kelley Blue Book, Edmunds, or other automotive pricing guides, which take these factors into account.
Buying and Selling a Lexus ES 350
When buying or selling a Lexus ES 350, it's important to research the current market conditions and pricing trends to ensure you're getting a fair deal. Factors like the vehicle's history, maintenance records, and any outstanding loans or liens should also be considered. Working with a reputable dealer or using online marketplaces can help you navigate the process and ensure a smooth transaction.
Ultimately, the value of a Lexus ES 350 is a balance between the vehicle's condition, features, and the current market demand, making it essential to do your research and consider all relevant factors when determining the appropriate price.
What is my 2017 Lexus ES350 worth?
A 2017 Lexus ES ES 350 Sedan 4D has depreciated $7,810 or 31% in the last 3 years and has a current resale value of $17,208 and trade-in value of $13,771.
Is the Lexus ES 350 a reliable car?
The Lexus ES350 Reliability Rating is 4.0 out of 5.0, which ranks it 4th out of 31 for luxury midsize cars. The average annual repair cost is $468 which means it has excellent ownership costs. While repairs are more common, these issues are less likely to be severe than with other cars.
What is the average life of a Lexus ES 350?
between 220,000 and 250,000 miles
On average, a Lexus ES 350 can last between 220,000 and 250,000 miles. But how does this compare to its competitors? To assess the reliability of the ES 350, it is important to analyze its performance compared to its competitors. Let's take a look at below.
What is my Lexus ES 350 worth?
A 2022 Lexus ES ES 350 Sedan 4D has depreciated $12,131 or 28% in the last 3 years and has a current resale value of $30,974 and trade-in value of $27,690.
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.
What should I pay for Lexus ES 350?
The out-the-door price for the 2023 Lexus ES 350 Base trim with options is $41,965 - this is based on an Edmunds Suggested Price of $38,004 and $3,961 in taxes and fees. Keep in mind that this does not include any finance charges, which will increase your out-the-door price.
How many miles is too much for a used Lexus?
Most experts agree that a car should be driven no more than 12,000 to 15,000 miles in a year. So, good mileage for a used car that is six years old should have no more than 72,000 to 90,000 miles on the odometer. Otherwise, you're looking at a car that has endured a lot of wear and tear in a short amount of time.
Are Lexus reliable after 100k miles?
Because Lexus engines are very high quality, they easily and routinely last for over 100,000 miles each, and before that point you rarely will have major repairs. However, after the 100,000-mile mark, there are some reports of more repairs.
What is a good down payment for a Lexus?
20 percent
As a general rule, you should pay 20 percent of the price of the vehicle as a down payment.
Are Lexus ES 350 expensive to maintain?
The average annual repair cost for a Lexus is $551, which means it has above average ownership costs. The other factors that contribute to Lexus reliability include an average of 0.5 visits to a repair shop per year and a 8% probability of a repair being severe.
