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How much should you pay for a Lexus NX 350?

The Lexus NX 350 is a popular luxury compact SUV that typically retails for between $38,000 to $48,000, depending on the specific trim level and options. However, the exact price you should pay can vary based on factors like location, dealer incentives, and your negotiation skills.


Factors Affecting the Price of a Lexus NX 350


Several key factors influence the price you'll pay for a Lexus NX 350:



  • Trim Level: The base NX 350 model has a starting MSRP of around $38,000, while higher trims like the NX 350 F Sport can cost up to $48,000.

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

  • Location and Dealer Pricing: Prices can vary significantly by region and individual dealership, so it's important to shop around.

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


By considering these factors and doing your research, you can ensure you pay a fair price for your Lexus NX 350.


Tips for Negotiating the Best Price


Here are some tips to help you negotiate the best possible price on a Lexus NX 350:



  • Research Prices: Use online tools and resources to research the average selling price for the specific NX 350 model you're interested in, so you know what a fair price range is.

  • Time Your Purchase: Prices tend to be lower during slower sales periods, like the end of the year or the end of the month when dealerships are trying to meet sales targets.

  • Get Quotes from Multiple Dealers: Reach out to several dealerships and get quotes, then use that information to negotiate the best deal.

  • Consider Leasing: Leasing can sometimes be a more cost-effective option, especially if you don't plan to keep the vehicle long-term.

  • Be Prepared to Walk Away: Don't be afraid to walk away if the dealer isn't willing to meet your target price. There are often other dealers willing to offer a better deal.


By following these tips, you can ensure you get the best possible price on your Lexus NX 350 purchase.

Does a Lexus NX hold its value?


A 2023 Lexus NX has depreciated $9,450 or 23% in the last 2 years and has a current resale value of $30,305 and trade-in value of $26,889. The 2023 Lexus NX is in the top 10-25% for depreciation among all 2023 SUVs.



How much should I pay for a Lexus NX 350?


2023 Lexus NX 350 MSRP and Invoice Price

TrimsMSRPEdmunds Suggested
Base$43,965$38,074
Premium Most Popular$47,015$40,958
F SPORT Handling$49,065$42,734
Luxury$51,415$44,527



What is the best Lexus NX to buy?


We think the best version is the hybrid. It gets 38 mpg overall, and the powertrain feels more refined during regular driving than the NX 350's 275-hp turbocharged four-cylinder. That engine returned 25 mpg overall in our tests. Handling is responsive though short of sporty, and the ride is firm but comfortable.



Which luxury SUV has the highest resale value?


Best Resale Value Luxury Large SUVs

  • Lexus LX 570: 54.7%
  • Lexus LX 600: 54.7%
  • Mercedes-Benz G-Class: 54.7%
  • Volvo XC90: 45.6%
  • Buick Enclave: 45.5%



What is the Lexus NX comparable to?


The closest competitors are likely the Infiniti QX50, which features a slick yet dull turbo-4, and the Volvo XC40, which has a charming design and a pricey EV powertrain upgrade. The Mazda CX-50 is also worth a look, with comparable amenities at a lower price point, though it's a little loud.



How much is the fair price for Lexus NX?


The price of the 2025 Lexus NX starts at $41,765 and goes up to $63,380 depending on the trim and options.



Is the Lexus NX a reliable car?


Its reliability rating was a near-faultless 99.4% and the model was only beaten by its predecessor, the 2014-2021 Lexus NX. In our most recent 2024 survey, it scored a terrific 97.6% and finished fifth, with the first-generation NX once again in the top spot.



Do all Lexus NX require premium?


Yes, the Lexus NX requires premium gas.
If you use fuel with an octane rating of less than 91, it can damage your engine.



Is Lexus NX expensive to insure?


On average, drivers who own a 2021 Lexus NX can expect to pay $68 to $202 a month for liability only and full coverage auto insurance, respectively. Amica has prices as little as $32 per month for the 2021 Lexus NX.



How many miles will a Lexus NX last?


300,000 miles
How Many Miles Does a Lexus NX Last? The Lexus NX is known for its reliability and longevity, reflecting the brand's dedication to quality engineering. On average, a Lexus NX can last up to 300,000 miles or more with proper care and maintenance, according to Vehicle HQ.


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.