How much should I pay for a 2024 Lexus RX 350 premium?
Plan on paying roughly $50,000 to $60,000 before taxes, title, and dealer fees for a 2024 Lexus RX 350 Premium. The sticker price sits in the mid- to high-$40,000s before destination charges, and the final price depends on options, incentives, and local pricing.
Price fundamentals
The following factors typically determine how much you’ll end up paying for a 2024 RX 350 Premium, and where that number lands in real-world shopping.
- MSRP range: The RX 350 Premium’s sticker price generally sits in the mid-to-high $40,000s before destination charges; with popular options and packages, buyers commonly see prices in the low-to-mid $50,000s.
- Destination charge: A standard destination fee, typically around $1,100 to $1,200, is added to the MSRP and varies slightly by region.
- Options and packages: Popular adds—such as navigation, premium audio, leather or leather-like seating, heated/ventilated seats, larger wheels, and advanced driver aids—can add roughly $2,000 to $5,000 or more, depending on configuration.
- Taxes, title, and registration: These are region-specific and can significantly affect the out-the-door total (often several thousand dollars, depending on where you live).
- Dealer fees and market adjustments: Documentation fees and possible dealer-imposed charges vary by state and dealership. Some markets see modest fees; others may list higher charges or adjust prices based on demand.
- Out-the-door price: The true total you’ll pay includes MSRP, destination, options, taxes, title/registration, and any dealer fees. Always request an out-the-door (OTD) price rather than focusing solely on the sticker or pre-tax price.
In practice, the final amount you pay will reflect the combination of these factors. If you shop aggressively with multiple dealers and leverage incentives, you can push the price toward the lower end of the range; if stock is tight or demand is high, the price may trend higher.
Price components explained
Understanding the components helps you negotiate confidently. Start with the base MSRP for the Premium trim, then add the destination charge, optional equipment, and any state-specific taxes and fees. Compare the resulting out-the-door figure across dealers to identify the best overall deal rather than chasing a single number.
How to get the best price
Below is a practical game plan for approaching pricing and getting a fair deal on a 2024 RX 350 Premium.
- Gather price quotes from several dealers to benchmark the market. Look beyond your local area if you’re willing to drive for a better deal.
- Request the complete out-the-door price in writing (including destination, all fees, taxes, and any add-ons) to ensure apples-to-apples comparisons.
- Know the difference between MSRP and invoice price, and ask dealers for their current discount off MSRP or undercut on the target price.
- Shop for incentives and promotions that apply to Lexus vehicles in your region, such as loyalty offers, financing specials, or lease deals.
- Consider timing: end of the month, quarter, or model-year turnover periods can yield stronger negotiation leverage as dealers chase quotas.
- Decide in advance whether you’ll finance through the dealer or use external financing, and factor any additional incentives into the overall deal.
With diligence, you can land a competitive price close to the lower end of the typical range while still securing the features you want in the RX 350 Premium.
Negotiation tips to save more
- Let dealers know you’re shopping multiple stores and are ready to move; leverage competing quotes.
- Don’t fall for "zero down" or "low monthly" traps; focus on the total cost of ownership and the out-the-door price.
- Be prepared to walk away if a quote doesn’t meet your target range or if fees seem inflated.
- Keep your trade-in separate from new-car pricing to prevent blending the negotiation and masking true costs.
- Ask for add-ons (like maintenance plans, extended warranties, or accessories) at little or no cost if you’re near your target price.
Special considerations for the 2024 RX 350 Premium
In markets with tight supply or high demand for luxury crossovers, price pressure can fluctuate. Availability, regional incentives, and dealer allocations influence what you’ll see in the eddings. If you’re set on the Premium trim with specific packages, you may encounter less wiggle room, whereas opting for a nearby dealer with ample inventory could yield better discounts.
Summary
For a 2024 Lexus RX 350 Premium, plan on a pre-tax price roughly in the mid-$40,000s to the low-$50,000s, with destination charges bringing the sticker up by about $1,100 to $1,200. The final out-the-door price will depend on options, taxes, fees, and dealer incentives. Shop broadly, request the out-the-door total in writing, and time your purchase to maximize leverage. A well-researched approach typically yields a competitive price in the low-to-mid-$50,000s before any financing or trade-ins.
