Which Lexus has the highest resale value?
When it comes to luxury vehicles, Lexus is renowned for its reliability, comfort, and strong resale value. If you're considering purchasing a Lexus and want to ensure you get the best return on your investment when it’s time to sell, understanding which models hold their value the best is crucial. In this article, we’ll explore the Lexus models with the highest resale value and why they stand out in the market.
Why Resale Value Matters
Resale value is an important factor to consider when buying a car, especially a luxury vehicle. A high resale value means you’ll lose less money over time, making your purchase a smarter financial decision. Lexus vehicles are particularly known for their strong resale value due to their reliability, build quality, and brand reputation.
The Lexus Model with the Highest Resale Value
Among the Lexus lineup, the Lexus GX consistently ranks as the model with the highest resale value. This midsize luxury SUV is celebrated for its durability, off-road capability, and luxurious interior. According to recent automotive market data, the Lexus GX retains a significant percentage of its original value even after several years of ownership.
Reasons Why the Lexus GX Holds Its Value
- Exceptional Reliability: Lexus vehicles, including the GX, are known for their long-lasting performance and minimal maintenance issues.
- Off-Road Capability: The GX is equipped with advanced off-road features, making it a favorite among adventure enthusiasts who also want luxury.
- Luxury Features: The GX offers a premium interior with high-quality materials, advanced technology, and a comfortable ride.
- Limited Competition: The GX occupies a unique niche as a rugged yet luxurious SUV, which helps maintain its demand in the used car market.
These factors contribute to the Lexus GX being a top choice for buyers who prioritize resale value. Its combination of luxury, reliability, and versatility makes it a standout in the Lexus lineup.
Other Lexus Models with Strong Resale Value
While the Lexus GX leads the pack, other Lexus models also boast impressive resale values. These include:
- Lexus RX: A popular luxury crossover with a reputation for reliability and comfort.
- Lexus ES: A luxury sedan that combines affordability with Lexus’s signature quality.
- Lexus LX: A full-size luxury SUV with robust off-road capabilities and a loyal customer base.
These models also retain a significant portion of their value over time, making them excellent choices for buyers looking to maximize their investment.
Conclusion
If you’re in the market for a Lexus and want to ensure a strong resale value, the Lexus GX is your best bet. Its combination of reliability, luxury, and off-road capability makes it a standout in the luxury SUV segment. However, other models like the RX, ES, and LX also offer excellent resale value, ensuring that you can’t go wrong with a Lexus. At Kevin’s Autos, we’re here to help you maintain your vehicle to preserve its value for years to come. Contact us today for expert advice and service!
Frequently Asked Questions
Which luxury brand has the best resale value?
Chanel and Hermes have the best resale value by far.
What is the most reliable Lexus car brand?
Toyota lost the top spot in Consumer Reports' list of the most reliable car brands in 2024. Subaru knocked off the usual leader, with Toyota's Lexus luxury brand taking second and Toyota's mainstream offerings in third.
Which Lexus is the best buy?
10 Lexus Models You Should Buy Used
- 8 Lexus GX.
- 7 Lexus NX.
- 6 Lexus NX Hybrid.
- 5 Lexus RX Hybrid.
- 4 Lexus ES Hybrid. Best Model Years: 2015, 2019, 2023.
- 3 Lexus RX L. Best Model Years: 2019, 2020, 2021, 2022.
- 2 Lexus RX. Best Model Years: 2013, 2014, 2015, 2019, 2020, 2021, 2022.
- 1 Lexus ES. Best Model Years: 2013–2021, 2023.
Which Lexus holds its value best?
9 Lexus Models With Great Resale Value
- Lexus TX – 42.9% Lexus.
- Lexus IS – 43.9% Lexus.
- Lexus NX – 44.9% Lexus.
- Lexus GX – 46.2% Lexus.
- Lexus ES – 47.4% Lexus.
- Lexus RC – 47.9% Lexus.
- Lexus LX – 50.8% Lexus.
- Lexus RX – 51.5% Lexus.
What luxury car holds its value the most?
Which luxury car brand holds its value best? Lexus stands out as the luxury car resale king among luxury car brands for its remarkable resale values. Models like the Lexus GX and LX are known for their high quality and robust engineering, with the LX 570 retaining 68% of its value over five years.
What year is best to buy Lexus?
According to various sources, the most reliable Lexus IS years include:
- 2014 Lexus IS 300.
- 2018 Lexus IS 350.
- 2019 Lexus IS 350.
- 2012 Lexus IS 250.
- 2011 Lexus IS 250.
Does Lexus or Toyota have better resale value?
This year marks the eighth Best Resale Value: Brand win for Toyota, which previously won the same honors in 2014, 2017, 2018, 2019, 2021, 2022 and 2023. For 2024, Lexus celebrates its third consecutive win, and fifth time overall taking home the award for Best Resale Value: Luxury Brand.
What is the most sought after luxury brand?
Top 20 most popular luxury brands in the world
- Louis Vuitton. Louis Vuitton was founded in 1854 and it is one of the world's greatest and most valuable luxury brands ever, with excellence and timeless appeal.
- Chanel.
- Hermès.
- Gucci.
- Rolex.
- Cartier.
- Dior.
- Prada.
What is the best selling Lexus model?
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.
Which 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.
