What is a 2021 Lexus Nx300 worth?
The 2021 Lexus NX300 is a luxury compact SUV that has garnered attention for its stylish design, comfortable interior, and advanced technology features. As with any vehicle, understanding its current market value is essential for potential buyers and sellers alike. In this article, we will explore the factors that influence the worth of a 2021 Lexus NX300 and provide insights into its pricing trends.
Factors Influencing the Value of the 2021 Lexus NX300
Several key factors can affect the market value of a 2021 Lexus NX300:
- Condition: The overall condition of the vehicle, including its exterior, interior, and mechanical components, plays a significant role in determining its worth.
- Mileage: Lower mileage typically increases a vehicle's value, as it suggests less wear and tear.
- Trim Level: The NX300 comes in various trim levels, each offering different features and options that can affect pricing.
- Market Demand: The popularity of the model in the used car market can influence its resale value. High demand often leads to higher prices.
- Location: Regional market conditions can also impact the value, with some areas having higher demand for luxury vehicles.
Current Market Value
As of February 2025, the estimated market value of a 2021 Lexus NX300 typically ranges from $30,000 to $40,000, depending on the factors mentioned above. Here’s a breakdown of what you might expect:
- Excellent Condition: $35,000 - $40,000
- Good Condition: $30,000 - $35,000
- Fair Condition: $25,000 - $30,000
Conclusion
In summary, the worth of a 2021 Lexus NX300 can vary significantly based on its condition, mileage, trim level, market demand, and location. For those looking to buy or sell this model, staying informed about these factors will help ensure a fair transaction. If you're considering purchasing a used NX300, it's advisable to conduct thorough research and possibly consult with a trusted auto service provider for a professional assessment.
Frequently Asked Questions
Is Lexus NX 300 expensive to maintain?
Maintaining a Lexus NX 300 will cost $482 per year on average through the first 5 years of new ownership. Costs and probability of repair increase over time.
Why is an oil change for a Lexus so expensive?
The higher cost of a Lexus oil change can be attributed to several factors. These include the use of synthetic oil, higher labor costs at a dealership, and the inclusion of additional services and inspections.
How much is a Lexus NX 300 2021 worth?
2021 Lexus NX 300 Value - $19,889-$32,896 | Edmunds.
Are Lexus reliable after 100k miles?
Because Lexus engines are very high quality, they easily and routinely last for over 100,000 miles each, and before that point you rarely will have major repairs. However, after the 100,000-mile mark, there are some reports of more repairs.
Does 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.
Is Lexus NX 300 a luxury car?
The NX 300 is a compact luxury vehicle from Lexus.
How many miles will a Lexus NX 300 last?
300,000 miles
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.
How much should I pay for Lexus NX 300?
2021 Lexus NX pricing starts at $25,555 for the NX 300 Sport Utility 4D, which had a starting MSRP of $38,635 when new.
Is the Lexus NX 300 a good car to buy?
If you're in the market for a mid size premium SUV the Lexus NX300h is well worth a look and a test drive. It's a solidly built, good looking car that's very comfortable and has plenty of kit. The overall driving experience is good for what it's intended and running costs are very reasonable too.
Why is Lexus resale so high?
Why do Lexus cars hold their value so well? It's simple – the quality. Lexus has an enviable reputation for excellence, both aesthetically and technologically. These are superb quality vehicles with years of research and development behind them.
