How much is a Lexus RX350 2016 worth?
The Lexus RX350 2016 is a popular luxury SUV known for its reliability, comfort, and advanced features. If you're considering buying or selling one, understanding its current market value is essential. In this article, we’ll explore the factors that influence the value of a 2016 Lexus RX350 and provide an estimate of its worth.
Factors That Affect the Value of a Lexus RX350 2016
Several factors come into play when determining the value of a used vehicle like the Lexus RX350 2016. Here are the key considerations:
- Mileage: Lower mileage typically increases the value of the vehicle, as it suggests less wear and tear.
- Condition: The overall condition of the car, including the interior, exterior, and mechanical components, significantly impacts its worth.
- Trim Level and Features: Higher trims with additional features, such as navigation systems, premium sound systems, or advanced safety features, can command a higher price.
- Location: Market demand varies by region, so the value may differ depending on where you are selling or buying the car.
- Service History: A well-documented maintenance history can boost the car's value, as it indicates proper care.
Estimated Value of a Lexus RX350 2016
As of 2025, the estimated value of a Lexus RX350 2016 ranges between $20,000 and $30,000, depending on the factors mentioned above. Here’s a breakdown:
- Excellent Condition: A well-maintained RX350 with low mileage and all features in working order can sell for around $28,000 to $30,000.
- Good Condition: Vehicles with moderate mileage and minor wear and tear typically fall in the $24,000 to $27,000 range.
- Fair Condition: Cars with higher mileage or noticeable cosmetic and mechanical issues may be valued between $20,000 and $23,000.
How to Determine the Exact Value of Your Lexus RX350 2016
To get a precise valuation for your Lexus RX350 2016, consider the following steps:
- Use Online Valuation Tools: Websites like Kelley Blue Book (KBB) or Edmunds allow you to input your car’s details to get an accurate estimate.
- Check Local Listings: Browse online marketplaces like Autotrader or Craigslist to see what similar vehicles are selling for in your area.
- Get a Professional Appraisal: Visit a dealership or a trusted auto repair shop like Kevin’s Autos for an expert opinion on your car’s value.
Conclusion
The Lexus RX350 2016 remains a sought-after luxury SUV, and its value depends on various factors such as mileage, condition, and location. By understanding these factors and using the tools available, you can confidently determine the worth of your vehicle. If you need assistance with maintenance or preparing your car for sale, feel free to contact Kevin’s Autos for professional advice and services!
Frequently Asked Questions
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 |
How much can I sell my Lexus RX 350 for?
2021 Lexus RX 350 Value - $25,193-$37,143 | Edmunds.
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.
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.
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 |
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.
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.
What is the best year for Lexus rx350 used?
The optimal model years for the RX350 are 2014, 2018, and 2020 onwards.
