How much should I pay for a 2024 Lexus RX 350h?
The 2024 Lexus RX 350h, a hybrid version of the popular Lexus RX luxury SUV, is a great choice for those seeking a comfortable, fuel-efficient, and technologically advanced vehicle. When it comes to determining the right price to pay, there are several factors to consider.
Factors Affecting the Price of a 2024 Lexus RX 350h
The price of a 2024 Lexus RX 350h can vary depending on several factors, including:
- MSRP (Manufacturer's Suggested Retail Price): The base MSRP for a 2024 Lexus RX 350h typically ranges from $50,000 to $55,000, depending on the specific trim level and options selected.
- Dealer Pricing: Dealers may offer the vehicle at a price above or below the MSRP, depending on market conditions, demand, and negotiation.
- Location: Prices may vary depending on the region, with some areas having higher or lower prices due to factors such as supply, demand, and local taxes.
- Options and Packages: The price can increase significantly if the vehicle is equipped with additional features, such as premium audio systems, advanced safety technologies, or luxury packages.
- Incentives and Rebates: Lexus and dealers may offer various incentives, such as cash back, low-interest financing, or lease deals, which can help lower the overall cost of the vehicle.
It's important to research the current market conditions, compare prices at multiple dealerships, and negotiate to ensure you get the best possible deal on your 2024 Lexus RX 350h.
Negotiating the Price
When negotiating the price of a 2024 Lexus RX 350h, consider the following tips:
- Research the Market: Gather information on the average selling price for the specific model and trim level you're interested in, both in your local area and nationally.
- Timing: Prices may be more negotiable during slower sales periods, such as the end of the model year or the winter months.
- Trade-In Value: If you have a vehicle to trade in, negotiate the trade-in value separately from the purchase price of the Lexus RX 350h.
- Financing: Compare financing options, including dealer-offered financing and your own pre-approved loans, to get the best interest rate and terms.
- Be Prepared to Walk Away: Don't be afraid to walk away if the dealer is unwilling to meet your price target. There may be other dealers willing to offer a better deal.
By considering these factors and negotiating effectively, you can ensure you get the best possible price on your 2024 Lexus RX 350h.
How much is the Lexus RX 350h luxury?
Prices for a new Lexus RX 350h Luxury currently range from $66,685 to $70,669. Find new Lexus RX 350h Luxury inventory at a TrueCar Certified Dealership near you by entering your zip code and seeing the best matches in your area.
How much is the invoice price for the 2025 Lexus RX 350h?
2025 Lexus RX 350h base price starts at $51,125 to $61,920. Invoice price goes from $48,059 to $58,204.
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 will the 2024 Lexus cost?
The price of the 2024 Lexus TX starts at $55,050 and goes up to $60,950 depending on the trim and options. We'd recommend the TX350 Luxury, as it adds desirable upscale features such as semi-aniline leather upholstery, 10-way power-adjustable front seats, a heated steering wheel, and heated second-row seats.
What should I pay for a 2024 Lexus RX350?
2024 Lexus RX Price
2024 Lexus RX 350: $49,950 MSRP* 2024 Lexus RX 350 Premium: $52,100 MSRP* 2024 Lexus RX 350 Premium+: $53,950 MSRP* 2024 Lexus RX 350 Luxury: $59,080 MSRP*
Where are Lexus RX 350h made?
Cambridge, Ontario, Canada
Toyota Motor Manufacturing Canada, Inc. – Cambridge, Ontario, Canada —assembles the Lexus RX, as well as the Lexus RX Hybrid. Toyota Motor Kyushu – Miyawaka, Fukuoka, Japan — assembles the Lexus UX.
How long is the wait for Lexus 350h?
A turnaround in the supply situation means that the average wait time for a Lexus NX350h is now down to 3-5 months (as of January 2024) and by mid-2024, new orders are expected to take 2-4 months to be delivered to customers.
How much to lease a 2024 Lexus RX350?
With a 36-month lease, your monthly payment will be about $450.
What is the average life of a Lexus RX 350?
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.
