What is a 2006 Lexus GX 470 worth?
The 2006 Lexus GX 470 is a luxury SUV that has garnered attention for its reliability, comfort, and off-road capabilities. As with any vehicle, determining its worth involves considering various factors such as mileage, condition, location, and market demand. In this article, we will explore the current market value of the 2006 Lexus GX 470 and what influences its pricing.
Factors Influencing the Value
Several key factors can affect the worth of a 2006 Lexus GX 470:
- Mileage: Generally, lower mileage vehicles are valued higher. A well-maintained GX 470 with fewer miles will command a better price.
- Condition: The overall condition of the vehicle, including the exterior, interior, and mechanical aspects, plays a significant role in its valuation.
- Service History: A complete service history showing regular maintenance can enhance the vehicle's value.
- Location: Market demand can vary by region. In areas where SUVs are popular, you may find higher prices.
- Market Trends: The current demand for used SUVs and specific models can fluctuate, impacting the price.
Current Market Value
As of February 2025, the estimated market value for a 2006 Lexus GX 470 typically ranges from $10,000 to $18,000. This range can vary based on the factors mentioned above:
- Excellent Condition: $15,000 - $18,000
- Good Condition: $12,000 - $15,000
- Fair Condition: $10,000 - $12,000
Conclusion
In summary, the worth of a 2006 Lexus GX 470 can vary significantly based on its condition, mileage, and market demand. If you are considering buying or selling this vehicle, it's essential to assess these factors carefully to arrive at a fair price. For a more accurate valuation, consulting with a trusted auto service provider or using online valuation tools can provide additional insights.
Frequently Asked Questions
What is the Toyota equivalent of the 2006 Lexus GX470?
Toyota 4Runner
At its heart the first-generation Lexus GX470 is a Toyota Land Cruiser Prado, which shares much of its platform with the fourth-generation Toyota 4Runner (known as the Hilux Surf overseas).
What is the lifespan of a Lexus is engine?
Many owners report achieving well over 200,000 miles on their IS 250 with proper maintenance and care.
How long does a timing belt last on a Lexus GX470?
While it is possible that the original timing belt may last the life of the above engines, for peace-of-mind, the timing belt may be replaced every 90,000 miles.
How many miles can a Lexus GX 470 last?
around 250,000-300,000 miles
Since the Lexus GX can survive for around 250,000-300,000 miles, if the previous owner of the car cared for it, you should be okay. We recommend having a mechanic look at it or taking it on a test drive first to ensure you're making the best decision.
What year to avoid GX470?
However, the 2003 model year is considered the worst GX470 for reasons like higher repair cost for its particular problems.
What is a Lexus GX 470 worth?
The value of a used 2007 Lexus GX 470 ranges from $2,482 to $7,060, based on vehicle condition, mileage, and options. Get a free appraisal here.
Does a Lexus GX hold its value?
A 2022 Lexus GX has depreciated $12,031 or 21% in the last 3 years and has a current resale value of $45,119 and trade-in value of $41,899. The 2022 Lexus GX is in the top 10% for depreciation among all 2022 SUVs.
When did Lexus stop making the 470?
The first-generation LX 450 started production in 1995 as Lexus' first entry into the SUV market. Its successor, the LX 470, premiered in 1998 and was manufactured until 2007. The third-generation LX debuted at the New York International Auto Show in April 2007. The fourth-generation LX debuted in October 2021.
What is the best year for the Lexus GX 470?
IMO 2007 is the best year. Has the 5th gen navigation if you want it, or there's always non-nav. Already has a factory Aux plug-in, no chrome door handles or chrome back window trim, and the upgraded VVTi engine. You're really only missing out on the clear lens taillights (which can be bought on eBay for $300).
What does GX stand for on Lexus?
Grand Crossover
The second-generation GX SUVs launched in 2009, followed by the arrival of the current third-generation models in 2023 -- the model year 2024 Lexus GX. As for the name, "GX" actually stands for Grand Crossover, which makes a good amount of sense given the car's design.