How much is a Lexus RX350 2016 worth?
The value of a 2016 Lexus RX350 can vary depending on factors such as mileage, condition, and location. On average, a 2016 Lexus RX350 in good condition with average mileage can be worth between $25,000 to $35,000 in the used car market.
Factors Affecting the Value of a 2016 Lexus RX350
Several key factors influence the resale value of a 2016 Lexus RX350:
- Mileage: Vehicles with lower mileage (under 60,000 miles) tend to have higher resale values compared to those with higher mileage.
- Condition: The overall condition of the vehicle, including the interior, exterior, and maintenance history, plays a significant role in determining its worth.
- Location: Prices for used Lexus RX350s can vary depending on the regional market and demand in a particular area.
- Options and Features: Vehicles with additional features, such as premium packages, navigation systems, or all-wheel drive, may command higher prices.
- Accident History: Vehicles with a clean accident history and no major repairs will typically have a higher resale value.
It's important to note that the value of a 2016 Lexus RX350 can also be influenced by the overall condition of the used car market, as well as any ongoing supply chain or production issues that may affect the availability of new or used vehicles.
Researching the Value of a 2016 Lexus RX350
To get a more accurate estimate of the value of a specific 2016 Lexus RX350, it's recommended to use online tools and resources, such as Kelley Blue Book, Edmunds, or NADA Guides. These platforms allow you to input the vehicle's details, such as mileage, condition, and location, to generate a more personalized valuation.
Additionally, checking the prices of similar 2016 Lexus RX350 models listed for sale in your local area can provide valuable insights into the current market conditions and help you determine a fair price for your vehicle.
What is the most common problem with Lexus RX350?
Battery failure
Premature battery failures are a common issue in Lexus RX 350 models. These can increase maintenance costs, especially if the problem keeps cropping up.
What is the best year for Lexus rx350 used?
The optimal model years for the RX350 are 2014, 2018, and 2020 onwards.
How many years can a Lexus RX 350 last?
You can expect a typical Lexus RX to last around 200,000-250,000 miles, with the high mileage point resting around 200,000 miles and good mileage sitting at 150,000 or more. The more work you put into your Lexus RX, the more years you will get out of the vehicle.
What is the retail price of a rx350?
2023 Lexus RX 350 MSRP and Invoice Price
| Trims | MSRP | Invoice Price |
|---|---|---|
| Premium | $50,550 | $47,339 |
| Premium Plus Most Popular | $53,150 | $49,770 |
| F SPORT | $57,750 | $54,071 |
| Luxury | $56,550 | $52,949 |
How much can I sell my Lexus RX 350 for?
2021 Lexus RX 350 Value - $25,193-$37,143 | Edmunds.
What year is 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. The release of the IS250 saw a transition from a multi-point fuel injection system in the engine to a direct injection system instead.
Does the Lexus RX 350 have a good resale value?
The Lexus RX 350 consistently ranks in the Top 5 of luxury vehicles, when it comes to maintaining value, and it continues to do so well into the later years. If this is anywhere near the type of vehicle you need, don't hesitate, as these just don't disappoint.
Do Lexus RX 350 hold their value?
A Lexus RX 350 will depreciate 39% after 5 years and have a 5 year resale value of $37,462. The Lexus RX 350 consistently ranks in the Top 5 of luxury vehicles, when it comes to maintaining value, and it continues to do so well into the later years.
How much is a Lexus RX 350 worth?
2022 Lexus RX 350 trade-in prices range from $29,505 - $42,789. Get a more accurate value for your car with the Edmunds appraisal tool. Did you know? Vehicle appraisals vary significantly by zip code, mileage and condition.
How much are people paying for a Lexus RX 350?
2024 Lexus TX MSRP and Invoice Price
| Trims | MSRP | Edmunds Suggested |
|---|---|---|
| 350 | $55,050 | $54,496 |
| 350 Premium Most Popular | $58,450 | $57,861 |
| 350 Luxury | $60,950 | $60,335 |
| 500h F SPORT Premium | $69,350 | $69,101 |
