Lexus LS depreciation: value by age
Value kept after 3 years
80%
- Loses 20% in 3 years.
- 2023 500 RWD. New: $78,535. Now: $63,100.
- Median sedan at 3 years: 66% kept.
- Value now: KBB fair price.
| Model year | Age | Trim | Original MSRP | Value now | Source | Kept | Lost | Lost per year |
|---|---|---|---|---|---|---|---|---|
| 2024 | 2 | 500 RWD | $80,685 | $68,900 | KBB fair price | 85% | $11,785 | $5,893 |
| 2023 | 3 | 500 RWD | $78,535 | $63,100 | KBB fair price | 80% | $15,435 | $5,145 |
| 2022 | 4 | 500 RWD | $77,075 | $52,600 | KBB fair price | 68% | $24,475 | $6,119 |
| 2021 | 5 | 500 RWD | $77,025 | $44,600 | KBB fair price | 58% | $32,425 | $6,485 |
| 2020 | 6 | 500 RWD | $76,475 | $41,000 | KBB fair price | 54% | $35,475 | $5,913 |
| 2019 | 7 | 500 RWD | $76,475 | $36,200 | KBB fair price | 47% | $40,275 | $5,754 |
| 2018 | 8 | 500 RWD | $76,025 | $31,900 | KBB fair price | 42% | $44,125 | $5,516 |
| 2017 | 9 | 460 RWD | $73,515 | $26,500 | KBB fair price | 36% | $47,015 | $5,224 |
| 2016 | 10 | 460 RWD | $74,685 | $23,000 | KBB fair price | 31% | $51,685 | $5,169 |
| 2015 | 11 | 460 RWD | $74,450 | $21,400 | KBB fair price | 29% | $53,050 | $4,823 |
| 2014 | 12 | 460 RWD | $73,065 | $18,500 | KBB fair price | 25% | $54,565 | $4,547 |
| 2013 | 13 | 460 RWD | $72,900 | $16,500 | KBB fair price | 23% | $56,400 | $4,338 |
| 2012 | 14 | LS 460 RWD | $68,005 | $13,400 | KBB fair price | 20% | $54,605 | $3,900 |
| 2011 | 15 | 460 RWD | $66,255 | $12,250 | KBB fair price | 18% | $54,005 | $3,600 |
| 2010 | 16 | 460 RWD | $68,630 | $9,850 | KBB fair price | 14% | $58,780 | $3,674 |
| 2009 | 17 | 460 RWD | $69,215 | $10,150 | KBB fair price | 15% | $59,065 | $3,474 |
- Biggest drop
- Age 3 to age 4: $9,040 a year.
- Values as of
- October 2026
KBB resale value by year
| Model year | 2023 | 2024 | 2025 | 2026 | 2027 KBB forecast | 2028 KBB forecast |
|---|---|---|---|---|---|---|
| 2024 | N/A | $84,825 | N/A | $64,600 | N/A | N/A |
| 2023 | N/A | N/A | N/A | $56,900 | $52,624 | $47,805 |
| 2022 | N/A | N/A | N/A | $46,700 | N/A | N/A |
| 2021 | $52,360 | $46,572 | $42,697 | $41,300 | $36,855 | $33,207 |
| 2020 | $49,428 | $43,478 | $42,972 | $36,500 | N/A | N/A |
| 2019 | $44,607 | $41,259 | $39,931 | $33,200 | N/A | N/A |
| 2018 | $36,565 | $31,908 | $29,288 | $29,500 | N/A | N/A |
| 2017 | $27,484 | $24,274 | $23,161 | $23,400 | N/A | N/A |
| 2016 | $25,329 | $22,996 | $22,150 | $21,500 | N/A | N/A |
| 2015 | $20,615 | $16,477 | $17,142 | $19,900 | N/A | N/A |
| 2014 | $19,404 | $15,153 | $13,492 | $16,950 | N/A | N/A |
| 2013 | $17,994 | $14,890 | $12,538 | $15,200 | N/A | N/A |
| 2012 | $13,293 | $11,223 | $10,849 | $11,850 | N/A | N/A |
| 2011 | $12,578 | $12,270 | $11,443 | $10,450 | N/A | N/A |
| 2010 | $9,977 | $9,341 | $7,947 | $8,625 | N/A | N/A |
| 2009 | $10,083 | $9,968 | $9,556 | $6,900 | N/A | N/A |
KBB resale values. 2027 and 2028 are KBB forecasts.
What this cannot tell you
Values as of October 2026. KBB and CarGurus national figures.
Mileage and condition change the value.
- 2 or more sources
- 1 source
- Model-level, rule or estimate