What is the value of a 2011 Lexus ES 350?
As a seasoned auto service professional, I often get asked about the value of specific vehicles, and the 2011 Lexus ES 350 is no exception. This luxury sedan has garnered attention for its reliability, comfort, and overall performance. In this article, we will explore the factors that influence the value of a 2011 Lexus ES 350, including market trends, condition, mileage, and more.
Factors Influencing the Value
The value of a 2011 Lexus ES 350 can vary significantly based on several key factors:
- Condition: The overall condition of the vehicle plays a crucial role in determining its value. A well-maintained car with minimal wear and tear will fetch a higher price compared to one that has been neglected.
- Mileage: Generally, lower mileage indicates less wear on the vehicle, which can positively impact its value. A 2011 Lexus ES 350 with under 100,000 miles is likely to be valued higher than one with over 150,000 miles.
- Market Demand: The demand for used luxury sedans can fluctuate based on economic conditions and consumer preferences. A strong demand for the ES 350 can drive up its value.
- Service History: A complete service history showing regular maintenance can enhance the vehicle's value, as it assures potential buyers of its reliability.
- Location: The geographical area where the car is being sold can also affect its value. Urban areas may have higher demand for luxury vehicles compared to rural locations.
Current Market Value
As of February 2025, the market value of a 2011 Lexus ES 350 typically ranges from $12,000 to $18,000, depending on the factors mentioned above. Vehicles in excellent condition with lower mileage can command prices at the higher end of this spectrum, while those with higher mileage or in less desirable condition may be priced lower.
Conclusion
In summary, the value of a 2011 Lexus ES 350 is influenced by various factors including its condition, mileage, market demand, service history, and location. For anyone considering buying or selling this model, it's essential to assess these elements carefully to determine a fair price. If you're looking for more personalized advice or need assistance with your vehicle, feel free to reach out to us at Kevin's Autos!
Frequently Asked Questions
What is the book value on a 2011 Lexus?
2011 Lexus IS Pricing
| Original MSRP | KBB Fair Purchase Price (nat'l average) | |
|---|---|---|
| IS 250 Sedan 4D | $39,245 | $8,194 |
| IS 350 Sedan 4D | $44,500 | $10,316 |
| IS 250C Convertible 2D | $49,010 | $11,052 |
| IS 350C Convertible 2D | $53,290 | $13,485 |
What year is Lexus to stay away from?
Lexus IS250 (2007-2012)
First up on the list is the second-generation IS250, which has earned a reputation as the Lexus model to absolutely avoid. The release of the IS250 saw a transition from a multi-point fuel injection system in the engine to a direct injection system instead.
What is my 2011 Lexus ES 350 worth?
2011 Lexus ES ES 350 Sedan 4D Depreciation
A 2011 Lexus ES ES 350 Sedan 4D has depreciated $3,322 or 31% in the last 3 years and has a current resale value of $7,375 and trade-in value of $5,229.
Is a 2011 Lexus ES 350 a reliable car?
Among the 278 owners who provided feedback on the 2011 Lexus ES for Kelley Blue Book, consumer sentiment is overwhelmingly positive, with 98% recommending the vehicle. As a whole, consumers found the vehicle's comfort and reliability to be its strongest features and value to be its weakest.
How many miles will a 2011 Lexus ES 350 last?
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.
What are the common problems of a 2011 Lexus ES 350?
Noises And Leaks
Squeaks, rattles, wind noises, seals and/or weather stripping, air and water leaks.
What is my Lexus ES 350 worth?
A 2022 Lexus ES ES 350 Sedan 4D has depreciated $12,342 or 28% in the last 3 years and has a current resale value of $30,763 and trade-in value of $27,456.
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.
How much should I pay for a Lexus ES 350?
2023 Lexus ES 350 MSRP and Invoice Price
| Trims | MSRP | Edmunds Suggested |
|---|---|---|
| Base Most Popular | $43,090 | $39,605 |
| F SPORT Design | $47,675 | $42,832 |
| Luxury | $48,260 | $43,356 |
| F SPORT Handling | $49,550 | $44,605 |
Are Lexus ES 350 expensive to maintain?
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.
