How much should I pay for a 2023 Lexus RX 350?
The 2023 Lexus RX 350 is a luxury midsize SUV that combines style, performance, and advanced technology. If you're considering purchasing this vehicle, understanding its pricing is essential to ensure you're getting a fair deal. In this article, we'll break down the factors that influence the cost of a 2023 Lexus RX 350 and provide tips to help you make an informed decision.
Understanding the Base Price
The Manufacturer's Suggested Retail Price (MSRP) for the 2023 Lexus RX 350 starts at approximately $48,550 for the base model. However, this price can vary depending on the trim level, optional features, and additional packages you choose. Lexus offers several trims for the RX 350, including:
- Base Model
- Premium
- Luxury
- F Sport Handling
Each trim level comes with its own set of features and upgrades, which can significantly impact the final price.
Factors That Affect the Final Price
When determining how much you should pay for a 2023 Lexus RX 350, consider the following factors:
- Trim Level: Higher trims like the Luxury or F Sport Handling models come with premium features such as upgraded interiors, advanced safety systems, and enhanced performance capabilities, which increase the price.
- Optional Packages: Lexus offers various packages, such as the Technology Package or Navigation Package, which can add thousands of dollars to the base price.
- Dealer Fees: Additional costs like destination charges, documentation fees, and dealer markups can vary by location.
- Market Conditions: Supply chain issues or high demand for the RX 350 in your area may lead to higher prices.
- Incentives and Discounts: Look for manufacturer incentives, dealer promotions, or loyalty discounts that can help lower the overall cost.
Tips for Getting the Best Deal
To ensure you're paying a fair price for your 2023 Lexus RX 350, follow these tips:
- Research Local Prices: Use online tools to compare prices at dealerships in your area. This will give you a better idea of the going rate for the RX 350.
- Negotiate: Don't hesitate to negotiate with the dealer. Many dealerships are willing to lower the price or offer additional perks to close the deal.
- Consider Certified Pre-Owned: If you're open to a slightly used vehicle, a certified pre-owned 2023 Lexus RX 350 can save you money while still offering warranty coverage.
- Time Your Purchase: Buying at the end of the month, quarter, or year can increase your chances of getting a better deal as dealerships aim to meet sales targets.
Conclusion
The price of a 2023 Lexus RX 350 can range from the base MSRP of $48,550 to well over $60,000, depending on the trim level, options, and market conditions. By researching, negotiating, and taking advantage of discounts, you can ensure you're paying a fair price for this luxurious SUV. At Kevin's Autos, we always recommend doing your homework and reaching out to trusted dealerships for the best deals.
Frequently Asked Questions
Does Lexus RX 350 2023 require premium gas?
The engine in the 2023 Lexus RX 350 is a 2.4-liter turbocharged four-cylinder with pistons in the inline configuration. It generates 275 horsepower and 317 lb-ft of torque, making the run from zero to 60 mph in 7.3 seconds. Lexus designed this engine to run on premium gas with an octane rating of 91 or higher.
What is the least expensive Lexus 2023?
If you're looking for a new Lexus on a tight budget, the 2023 UX 250h is the vehicle for you. With a base price well under $40,000 and up to an EPA-estimated 42 mpg in combined driving, this small hybrid-powered crossover SUV doesn't cost much to buy or drive.
What is the most common problem with Lexus RX350?
Top Lexus RX350 Problems
- Massive Oil Leak and Loss of Oil Pressure.
- Air Conditioning Fault Due to Failed AC Amplifier.
- Sofrware Upgrade For GPS, Radio, and Heater Operation.
- Airbag Warning Light With Code B0111 and/or B0116.
- Check Engine Light With Codes Indicating Fault With the Variable Valve Timing System.
How much will the 2023 Lexus RX cost?
$48,550
The price of the 2023 Lexus RX starts at $48,550 and goes up to $57,750 depending on the trim and options. We think most RX350 buyers will be happy with the Premium Plus trim.
Which Lexus is 350 years to avoid?
Avoid Lexus ES 2013-2016 Model Years
The following generation brought considerable advancements in engine construction and interior material quality. So, while the ES 350 had no oil leaks or melted material, new difficulties arose. 2015 is the worst year for the ES 350 variation of the sixth-generation ES model series.
How much should I pay for a new Lexus RX 350?
Prices for a new Lexus RX 350 currently range from $48,380 to $66,104.
How much is the Lexus RX 350 premium package?
2024 Lexus RX 350 Premium: $52,100 MSRP* 2024 Lexus RX 350 Premium+: $53,950 MSRP* 2024 Lexus RX 350 Luxury: $59,080 MSRP* 2024 Lexus RX 350 F Sport Handling AWD: $58,550 MSRP*
What is the average life of a Lexus RX350?
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.
What is the residual value of the 2024 Lexus RX 350?
A 2024 Lexus RX RX 350h has a 5-year cost-to-own of $64,612. After 5 years a 2024 RX RX 350h will depreciate $27,508 and have a residual value of $24,592. During this time out-of-pocket expenses are expected to total $37,104.
Is Lexus RX 350 high maintenance?
A Lexus RX 350 will cost about $7,587 for maintenance and repairs during its first 10 years of service. This beats the industry average for luxury SUV models by $6,565. There is also a 20.47% chance that a RX 350 will require a major repair during that time.
