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How much should I pay for a 2023 Lexus RX 350?

The 2023 Lexus RX 350 is a popular luxury midsize SUV that typically retails for between $48,000 to $55,000, depending on the specific trim level and options. However, the exact price you should pay can vary based on factors such as location, dealer incentives, and your negotiation skills.


Factors Affecting the Price of a 2023 Lexus RX 350


Several key factors can influence the price you'll pay for a 2023 Lexus RX 350:



  • Trim Level: The base RX 350 model starts around $48,000, while higher trims like the RX 350 F Sport can cost up to $55,000.

  • Options and Packages: Adding features like all-wheel drive, premium audio systems, or advanced safety technologies can increase the price by several thousand dollars.

  • Location and Dealer Pricing: Prices can vary significantly based on your geographic location and the individual dealer's pricing strategy.

  • Negotiation and Incentives: Skilled negotiation and taking advantage of any available dealer or manufacturer incentives can help you get the best possible price.


By understanding these factors, you can better determine a fair price range for the 2023 Lexus RX 350 that fits your budget and needs.


Tips for Negotiating the Best Price


To get the most value for your money when purchasing a 2023 Lexus RX 350, consider these negotiation tips:



  • Research Prices: Use online tools and resources to research the average selling price for the specific RX 350 model you're interested in, based on your location and desired features.

  • Time Your Purchase: Prices may be more negotiable during slower sales periods, such as the end of the model year or the winter months.

  • Leverage Incentives: Check for any current manufacturer or dealer incentives, such as cash-back offers or low-interest financing, that can help you get a better deal.

  • Be Prepared to Negotiate: Don't be afraid to negotiate the price with the dealer. Come prepared with your research and be willing to walk away if you can't reach an agreement that meets your budget.


By following these tips, you can increase your chances of securing a fair and competitive price on your 2023 Lexus RX 350 purchase.

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*



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.



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 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.



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.



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.



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.



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.



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.



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.


Kevin's Auto

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.