What is the value of a 2008 Lexus IS 250?
The value typically falls roughly between $4,000 and $9,000 today, depending on mileage, condition, and options; private-party sales tend to be on the lower end, while dealer listings can be higher.
Understanding the question involves recognizing that a 2008 Lexus IS 250 is a late-model luxury sedan whose price is influenced by miles driven, maintenance history, accident records, regional demand, and trim/options such as navigation or leather interiors. This article lays out typical price ranges, the factors that affect value, and how to check current pricing.
Current market value
Prices vary by mileage and condition. Use this as a rough guide for what you might expect to pay or receive in a sale.
- 60,000–90,000 miles: private-party value typically around $7,000–$9,000; dealer listings often higher, around $8,000–$11,000.
- 90,000–120,000 miles: private-party value around $5,500–$7,500; dealer listings around $7,000–$9,000.
- 120,000–150,000 miles: private-party value around $4,000–$5,500; dealer listings around $5,500–$7,000.
Note: These ranges reflect typical market conditions and can vary by region, vehicle condition, and options such as navigation or premium packages.
What affects value?
Several factors drive the price of a 2008 IS 250 beyond mileage alone. Understanding them helps buyers and sellers set realistic expectations.
- Maintenance history: Regular service and documented records generally boost value.
- Accident history: Clean title vs. any reported damage can dramatically alter price.
- Drivetrain: Rear-wheel drive is standard; all-wheel drive variants can affect desirability and price.
- Overall condition: Engine, transmission, suspension, brakes, tires, and interior wear.
- Location and supply: Regional demand and inventory levels influence pricing.
- Trim and options: Premium packages, leather, sunroof, navigation, and other features add value.
- Recall repairs and service history: Completed recalls and up-to-date maintenance improve buyer confidence.
For an accurate assessment, consider a professional inspection and a review of the vehicle’s history report.
How to verify current pricing
To get a precise quote for your area, check several sources and compare similar cars with similar mileage and features.
- Kelley Blue Book (KBB) values for private party and trade-in.
- Edmunds True Market Value (TMV) pricing.
- NADA Guides for loan value and dealer pricing.
- Local used-car listings to compare the going rate in your region.
- Vehicle history report and any inspection results to adjust the price accordingly.
By cross-referencing these sources, you can set a realistic expectation whether buying or selling a 2008 IS 250.
Summary
The 2008 Lexus IS 250 remains a capable, entry-luxury sedan whose value is largely dictated by mileage, upkeep, and condition. In today’s market, expect roughly $4,000 to $9,000 depending on miles and wear, with private-party deals typically at the lower end and dealer listings higher. A thorough maintenance history and a clean inspection can help maximize value in a market where late-2000s luxury sedans continue to attract buyers.
Is the 2008 Lexus IS 250 a good car?
Edmunds says. Athletic poise, impressive build quality and plenty of luxury features put the 2008 Lexus IS 250 high on our list of entry-level luxury sport sedans.
How much is a 2008 Lexus worth?
How much is a 2008 Lexus IS 250 worth? The value of a used 2008 Lexus IS 250 ranges from $1,610 to $4,174, based on vehicle condition, mileage, and options. Get a free appraisal here.
How much is my 2008 Lexus IS 250 worth?
A 2008 Lexus IS IS 250 Sport Sedan 4D has depreciated $274 or 4% in the last 3 years and has a current resale value of $6,459 and trade-in value of $3,804.
What is the book value of a 2008 Lexus?
2008 Lexus IS Pricing
| Original MSRP | KBB Fair Purchase Price (national avg.) | |
|---|---|---|
| IS 250 Sport Sedan 4D | $39,826 | $7,705 |
| IS 350 Sport Sedan 4D | $44,106 | $8,027 |
