Whats the value of a 2002 Lexus RX300?
The value of a 2002 Lexus RX300 can vary depending on several factors, such as the vehicle's condition, mileage, and location. On average, a 2002 Lexus RX300 in good condition can be worth between $3,000 to $7,000 in the used car market.
Factors Affecting the Value of a 2002 Lexus RX300
The value of a 2002 Lexus RX300 is influenced by the following factors:
- Mileage: Vehicles with lower mileage tend to have a higher value, as they are perceived to be in better condition and have more life left in them.
- Condition: The overall condition of the vehicle, including the interior, exterior, and mechanical components, plays a significant role in determining its value.
- Location: The geographic location can also impact the value, as demand and supply for certain models may vary across different regions.
- Maintenance and Repair History: A well-maintained vehicle with a documented repair history is generally more valuable than one with unknown or poor maintenance.
- Optional Features: Vehicles with additional features, such as leather seats, sunroof, or premium audio systems, may have a higher value compared to base models.
It's important to note that the value of a 2002 Lexus RX300 can also be influenced by the overall condition of the used car market and the availability of similar models in the area.
Researching the Value of a 2002 Lexus RX300
To determine the accurate value of a 2002 Lexus RX300, it's recommended to research the current market prices for similar vehicles. Online resources, such as Kelley Blue Book, Edmunds, or NADA Guides, can provide a good starting point for estimating the value based on the specific details of the vehicle.
Additionally, checking the prices of similar 2002 Lexus RX300 models listed for sale in your local area can give you a better understanding of the market value in your region.
How many miles will a 2002 Lexus RX300 last?
You can expect a typical Lexus RX to last around 200,000-250,000 miles, with the high mileage point resting around 200,000 miles and good mileage sitting at 150,000 or more.
Do Lexus hold their resale value?
The secret of Lexus' success is multi-faceted, but one of the plus points for those who love this luxury brand is how well Lexus vehicles hold their value. In a world filled with luxury cars that devalue rapidly as soon as they leave a showroom floor, the Lexus range of desirable vehicles maintain strong resale value.
Is it expensive to maintain a Lexus RX300?
The annual maintenance cost of a Lexus RX300 is $451.
What is the common problem of Lexus RX 300?
A common issue with the RX300 is rapidly burning out of the engine valves. If you try to dismiss this problem, then the engine will quickly burn out and die.
What is considered high mileage for a used Lexus?
Consider the Age. What is considered high mileage for a used car depends on how long it took to rack up those miles. Generally, no more than 12,000 to 15,000 miles should be put on a car in a year's time. So, a used car that is four years old should have no more than 48,000 to 60,000 miles on it.
How many miles can a 2002 Lexus last?
In general, cars from this luxury brand can easily last 250,000 to 300,000 miles. While cars from other brands can last for around 150,000 miles, a Lexus can double that estimation and allows drivers to push the absolute limit of the vehicle's longevity before a replacement is necessary.
What is the book value of a 2002 Lexus?
2002 Lexus IS Pricing
| Original MSRP | KBB Fair Purchase Price (nat'l average) | |
|---|---|---|
| IS 300 Sedan 4D | $33,655 | $6,085 |
| IS 300 SportCross Hatchback 4D | $35,195 | $6,777 |
How much is the Lexus 300 worth?
2022 Lexus IS IS 300 Sedan 4D Depreciation
A 2022 Lexus IS IS 300 Sedan 4D has depreciated $11,154 or 27% in the last 3 years and has a current resale value of $29,626 and trade-in value of $25,988. Login or create a new account to see your vehicle depreciation forecast data.
What was the best year for the Lexus RX?
According to industry reviews, consumer feedback, reported problems, and NHTSA statistics, the most reliable years for Lexus RX350 are 2014, 2018, 2020, 2021, 2022, and 2023. In these particular years, the car received the highest ratings in terms of safety, reliability, and performance.
How much does a Lexus RX 300 cost?
Lexus RX Listings by Year
| Vehicle | Price From | Accident Free |
|---|---|---|
| 2021 Lexus RX | $24,499 | 334 listings |
| 2020 | $24,805 | 176 |
| 2019 Lexus RX | $16,901 | 216 listings |
| 2018 Lexus RX | $22,795 | 145 listings |
