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What is a fair price for a Lexus RX 350?

Fair Price for a Lexus RX 350
The fair price for a Lexus RX 350 can vary based on factors such as the model year, trim, and location. Here are some insights based on recent data:
– The starting invoice price for the 2023 Lexus RX 350 is $45,469, and the Edmunds suggested price based on recent purchases in the area is $46,248.
– A typically-equipped Lexus RX 350 sells for an average of $55,286 when new, and after 5 years of depreciation, the average residual value will be $39,657.
– For the 2024 model, the base price starts at $48,600 to $59,330, with an invoice price ranging from $45,441 to $57,312.
– The 2024 Lexus RX starts at $48,600, and the hybrid 350h model starts at $50,450.
It’s important to consider the specific features, options, and market demand when determining a fair price for a Lexus RX 350. Additionally, utilizing resources like the Kelley Blue Book Fair Purchase Price can provide valuable insights into the actual market value of the vehicle.

How much should I pay for a 2024 Lexus RX 350 premium?

$889/Month* *Estimated payments based on Kelley Blue Book® Fair Purchase Price of $49,411 at 3.19% APR for 60 months with $5,500 down for well-qualified buyers.

How much is the invoice price for the 2024 Lexus RX 350?

Price

Style Invoice MSRP
Premium 4dr SUV $47,452 $50,750
Premium+ 4dr SUV $49,181 $52,600
Luxury 4dr SUV $53,978 $57,730
AWD 4dr SUV $46,937 $50,200

What is Lexus best selling SUV?

The 2024 Lexus RX review: The bestselling luxury SUV offers a serene ride and great resale value | Morningstar.

Why is the Lexus RX 350 so popular?

The Lexus RX has been America’s best-selling luxury vehicle for over a decade. It offers a brilliant balance of excellent build quality, strong resale value, and a ride so supple it’s like sitting on a cloud, not in a traffic jam.

How many miles can a Lexus RX 350 last?

250,000 miles
The average vehicle can register around 150,000 miles on the odometer. When it comes to the Lexus RX 350, how long does it last? When properly cared for and driven, the Lexus RX can last for 250,000 miles or more.

Are Lexus RX 350 expensive to maintain?

The annual maintenance cost of a Lexus RX350 is $550. Repair and maintenance costs vary depending on age, mileage, location and shop.

What year Lexus is to stay away from?

This information helps them make informed decisions when buying used cars. For instance, Lexus RX350 years to avoid are between 2007 and 2015. This is because there were complaints about oil leaks, dashboard cracking, steering problems, rattling front doors, etc.

Which Lexus holds value best?

“Models like the Lexus GX and LX have a strong resale value due to their high quality and robust engineering.”

What is the most common problem with Lexus RX350?

Here are the most common issues reported across its model years:

  • Faulty Rain Sensors.
  • Oil Leaks.
  • Steering Wandering.
  • Illuminated Airbag Warning Light.
  • Malfunctioning Infotainment System.
  • A/C Problems.
  • Transmission Failure.
  • Faulty Camshaft Timing Oil Control Valves.

Is the Lexus RX 350 a reliable car?

The 2024 Lexus RX 350 has a predicted reliability score of 81 out of 100. A J.D. Power predicted reliability score of 91-100 is considered the Best, 81-90 is Great, 70-80 is Average and 0-69 is Fair and considered below average.

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