What is a 1998 Lexus ES 300 worth as?
The value of a 1998 Lexus ES 300 can vary depending on several factors, including the vehicle's condition, mileage, and location. In general, a well-maintained 1998 Lexus ES 300 in good condition can be worth anywhere from $2,000 to $6,000, with the average price falling around $4,000.
Factors Affecting the Value of a 1998 Lexus ES 300
The value of a 1998 Lexus ES 300 is primarily determined by the following factors:
- Mileage: Vehicles with lower mileage (under 150,000 miles) tend to have higher values than those with higher mileage.
- Condition: The overall condition of the vehicle, including the interior, exterior, and mechanical components, plays a significant role in determining its value.
- Location: Prices can vary depending on the region, with vehicles in high-demand areas typically commanding higher prices.
- Maintenance and Repair History: A well-maintained vehicle with a documented repair history is generally more valuable than one with unknown or poor maintenance.
- Availability and Demand: The supply and demand for the specific model and year can also affect the value, with rarer or more sought-after vehicles typically commanding higher prices.
It's important to note that the value of a 1998 Lexus ES 300 can also be influenced by the overall condition of the used car market and economic factors at the time of sale.
Determining the Value of Your 1998 Lexus ES 300
To get a more accurate estimate of the value of your 1998 Lexus ES 300, you can use online valuation tools, such as those provided by Kelley Blue Book or Edmunds. These tools allow you to input the specific details of your vehicle, including mileage, condition, and location, to generate a range of estimated values.
Additionally, you can research recent sales of similar 1998 Lexus ES 300 models in your area to get a better sense of the current market value. This can help you price your vehicle competitively if you're looking to sell it.
Are Lexus es300 expensive to repair?
The average annual repair cost for a Lexus is $551, which means it has above average ownership costs. The other factors that contribute to Lexus reliability include an average of 0.5 visits to a repair shop per year and a 8% probability of a repair being severe.
How much is a 1998 Lexus ES 300 worth?
A 1998 Lexus ES ES 300 Sedan 4D has depreciated $70 or 2% in the last 3 years and has a current resale value of $2,948 and trade-in value of $1,255.
What is the best year for the Lexus ES 300?
The 2023 Lexus ES 300h is our top pick for the best model year value for the ES 300h. With the 2023, you would only pay, on average, 84% of the price as new, with 92% of the vehicle's useful life remaining. The 2022 and 2021 model years are also attractive years for the ES 300h, and provide a relatively good value.
What is considered high mileage for a used Lexus?
Consider the Age. What is considered high mileage for a used car depends on how long it took to rack up those miles. Generally, no more than 12,000 to 15,000 miles should be put on a car in a year's time. So, a used car that is four years old should have no more than 48,000 to 60,000 miles on it.
Is the Lexus es300 a good car?
Very reliable luxury and fun
Love my es300 it's been extremely reliable and even with almost 200,000 miles it still runs so smooth like it's brand new, I would highly recommend this car or any early 2000s Lexus or Toyota to anyone!
How many miles will a Lexus es300 last?
Typically, the Lexus ES will last around 200,000 miles. This number is solid for a luxury vehicle, and the lifespan will be further influenced by how much maintenance you put into the vehicle and the conditions in which the car is driven. You get out of the Lexus ES what you put into it.
Is Lexus ES a good used car?
Lexus vehicles are known for their strong resale value, and the 2019 ES 300h is no exception. Thanks to its reputation for reliability and luxury, this model tends to hold its value better than many other used cars on the market.
How many miles is a Lexus ES good for?
between 220,000 and 250,000 miles
The burning question for potential buyers, whether considering a new or used Lexus ES 350, is how many miles this vehicle can go. On average, a Lexus ES 350 can last between 220,000 and 250,000 miles.
Does Lexus ES hold value?
A 2023 Lexus ES has a current resale value of $32,034 and trade-in value of $28,358. The 2023 Lexus ES is in the 25-75% percentile for depreciation among all 2023 Sedans.
Is a 1998 Lexus es300 a good car?
Among the 316 owners who provided feedback on the 1998 Lexus ES for Kelley Blue Book, consumer sentiment is overwhelmingly positive, with 95% recommending the vehicle.
