What is the MSRP for a Lexus LX 2016?
The Lexus LX is a full-size luxury SUV that has been a staple in the Lexus lineup for years. In 2016, the LX underwent a refresh, offering updated styling and features. One of the key details potential buyers often want to know is the Manufacturer's Suggested Retail Price (MSRP) for the 2016 Lexus LX.
2016 Lexus LX MSRP
The MSRP for a 2016 Lexus LX starts at $89,420. This base price is for the standard LX 570 model, which comes equipped with a powerful 5.7-liter V8 engine, an eight-speed automatic transmission, and full-time four-wheel drive.
Factors Affecting the MSRP
The MSRP can vary depending on the specific features and options added to the vehicle. Some key factors that can impact the final price include:
- Exterior and interior color choices
- Upgraded audio and entertainment systems
- Advanced safety and driver assistance technologies
- Luxury packages and trim levels
Buyers can expect to pay more for higher-end trim levels and additional features beyond the base model.
Comparing the 2016 Lexus LX to Competitors
When compared to other full-size luxury SUVs on the market in 2016, the Lexus LX's MSRP is on the higher end of the spectrum. For example, the 2016 Mercedes-Benz GLS-Class had a starting MSRP of $67,050, while the 2016 Land Rover Range Rover started at $84,950. However, the Lexus LX is known for its exceptional build quality, reliability, and off-road capabilities, which contribute to its premium pricing.
Overall, the 2016 Lexus LX is a well-equipped and capable luxury SUV with a starting MSRP of $89,420. Buyers should consider their specific needs and preferences when determining if the LX is the right fit for their lifestyle and budget.
How many miles per gallon does a 2016 LX570 get?
15 mpg combined
There's more: The LX 570's EPA-estimated fuel economy is a paltry 15 mpg combined (13 city/18 highway).
Does Lexus LX hold value?
A 2023 Lexus LX has depreciated $17,567 or 17% in the last 2 years and has a current resale value of $85,203 and trade-in value of $81,803. The 2023 Lexus LX is in the top 10-25% for depreciation among all 2023 SUVs.
Is Lexus LX expensive to maintain?
Lexus vehicles usually come with pretty average upkeep costs. According to data from RepairPal, the average annual repair cost for a Lexus vehicle is $551. Naturally, this cost can fluctuate based on vehicle model, age, driving conditions, maintenance practices, and more.
What is the MSRP for a 2016 Lexus?
2016 Lexus IS Pricing
| Original MSRP | KBB Fair Purchase Price (national avg.) | |
|---|---|---|
| IS 200t Sedan 4D | $40,130 | $16,340 |
| IS 300 Sedan 4D | $41,000 | $17,917 |
| IS 350 Sedan 4D | $43,325 | $20,817 |
How much is a 2016 lx570 worth?
A 2016 Lexus LX LX 570 Sport Utility 4D has depreciated $17,736 or 31% in the last 3 years and has a current resale value of $38,566 and trade-in value of $37,610.
Does Lexus have second hand value?
Honda and Lexus were again named the mass-market and premium vehicle brands most likely to retain more of their value three years after vehicle purchase, according to J.D. Power.
Is Lexus just an expensive Toyota?
Toyota & Lexus differences
The main difference between the two brands is focus – while Lexus aims its cars at a more luxurious end of the market, Toyota's cars are considerably more mainstream because they're more affordable.
How much is the Lexus LX 570 fully loaded?
2021 Lexus LX Pricing
| Original MSRP | KBB Fair Purchase Price (national avg.) | |
|---|---|---|
| LX 570 Sport Utility 4D | $93,225 | $70,655 |
How many miles can a Lexus LX last?
Since the Lexus LX can last up to 500,000 miles, it's safe to invest in one with more than 100,000 miles on the odometer. However, we do recommend being cautious and taking it for a test drive or to a mechanic beforehand to avoid any surprises during your time as an owner.
What is the most sought after Lexus?
RX SUV
The five-seat RX SUV continues to be the number-one most popular Lexus model according to recent sales data. Hybrid variants, competitive pricing, advanced standard features, and more make the RX the most popular Lexus model.
