How much should I pay for a Lexus NX 350h?
The price of a new Lexus NX 350h typically falls in the low-to-mid $40,000s before incentives and fees, with well-equipped trims nudging into the mid-$50,000s. Exact amounts depend on trim level, optional packages, and regional promotions.
Current pricing landscape
Understanding the sticker price by trim helps you set expectations and negotiate effectively. The NX 350h lineup generally spans a base level, several mid-range packages, and higher-end configurations, with the destination charge and fees influencing the final out-the-door price.
Below is a snapshot of typical sticker prices by trim and configuration to help calibrate your expectations.
- Base NX 350h (entry level): approximately $41,000–$43,000 MSRP
- Mid-level trims (Premium, Premium Plus): roughly $46,000–$50,000 MSRP
- High-end trims (Luxury, F Sport, AWD with additional options): roughly $50,000–$58,000 MSRP
These ranges reflect current model-year pricing and can vary by region, dealer fees, and available incentives. Always verify the actual MSRP and any destination charges when you shop.
How to secure a better deal
Negotiating the best price requires preparation, flexibility, and a disciplined approach to quotes and incentives. The steps below outline common paths to reduce the out-the-door cost without compromising essential features.
- Shop and compare multiple dealers to gather competing price quotes.
- Ask for the lowest possible price on the sticker price (MSRP) before considering trade-ins or financing plans.
- Look for current Lexus incentives, loyalty offers, or financing specials in your region; combine them where eligible.
- Negotiate separately on price, while keeping trade-ins and financing distinct to avoid confusion and hidden markups.
- Consider a slightly less popular color or package to unlock additional dealer discounts or quicker delivery.
By following these steps, you can often secure a fair price close to the lower end of the price spectrum and avoid common salesman add-ons that inflate the total cost.
What influences the price the most
Key factors at a glance
Several elements drive the final amount you pay for a Lexus NX 350h, from the base MSRP to regional promotions. The most impactful factors include trim level, optional packages, the destination charge, local taxes and fees, and any manufacturer or dealer incentives.
Understanding these variables helps you target your negotiation and avoid overpaying for features you don’t need.
Summary
For a new Lexus NX 350h, plan on roughly $42,000 to $55,000 before taxes, fees, and incentives, with base models near the low $40k range and top trims climbing into the high $50k range. Use multiple quotes, watch for regional promotions, and negotiate the price separately from financing or trade-ins to maximize savings. Always confirm the destination charge and current incentives in your area before making an offer.
How much should I pay for a Lexus NX 350h?
When new, a typically-equipped Lexus NX 350h sells for $50,114 on average. After 5 years of depreciation, the average residual value will be $29,492. This represents the vehicle's retail market price. Trade-in and private sale prices will likely be lower.
Is the NX 350 a good car?
Yes, the Lexus NX 350 is generally considered a good car, particularly for its strong reliability, comfortable and well-performing ride, and standard all-wheel drive. However, some drawbacks include the premium gas requirement, potential technology or software glitches, and a higher price point than some competitors.
Pros
- Reliability: Lexus has a strong reputation for reliability, and the NX has received high reliability ratings in various surveys.
- Performance: Owners report quick and smooth acceleration, and the ride is comfortable and handles well.
- Standard AWD: Unlike some competitors, the NX 350 comes standard with all-wheel drive.
- Value: It is considered to be a fair value, partly due to the standard features and advanced driver-assist technologies included.
- Longevity: Lexus vehicles are known to last for a long time, potentially lasting 250,000 to 300,000 miles.
- Low maintenance costs: The estimated maintenance and repair costs over 10 years are lower than the luxury SUV average.
Cons
- Fuel requirement: The NX 350 requires premium gas.
- Technology issues: Some owners have reported issues with the infotainment system, such as software glitches with CarPlay.
- Price: It can be considered overpriced by some consumers.
- Build quality complaints: A few owners have noted issues like rattles or cheap-feeling materials, although this is not a common complaint across all reviews.
What are the hidden costs of owning a NX 350?
Maintenance and repair costs for a Lexus NX 350 will amount to $2,485 after 5 years. Expenses include scheduled maintenance, normal wear and tear items and expected repairs. These estimates exclude any free warranty work performed.
Does the NX 350h have good resale value?
A Lexus NX 350h will depreciate 42% after 5 years and have a 5 year resale value of $29,314. The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 13,500 miles per year. It also assumes a selling price of $50,964 when new.
