Lexus RX depreciation: value by age
Value kept after 3 years
86%
- Loses 14% in 3 years.
- 2023 350 FWD. New: $50,150. Now: $43,300.
- Median SUV at 3 years: 63% kept.
- Value now: KBB fair price.
| Model year | Age | Trim | Original MSRP | Value now | Source | Kept | Lost | Lost per year |
|---|---|---|---|---|---|---|---|---|
| 2024 | 2 | 350 FWD | $51,550 | $43,500 | KBB fair price | 84% | $8,050 | $4,025 |
| 2023 | 3 | 350 FWD | $50,150 | $43,300 | KBB fair price | 86% | $6,850 | $2,283 |
| 2022 | 4 | 350 FWD | $48,395 | $37,100 | KBB fair price | 77% | $11,295 | $2,824 |
| 2021 | 5 | 350 FWD | $47,645 | $33,700 | KBB fair price | 71% | $13,945 | $2,789 |
| 2020 | 6 | 350 FWD | $52,985 | $29,700 | KBB fair price | 56% | $23,285 | $3,881 |
| 2019 | 7 | 350 FWD | $53,140 | $26,300 | KBB fair price | 49% | $26,840 | $3,834 |
| 2018 | 8 | 350 FWD | $52,980 | $24,900 | KBB fair price | 47% | $28,080 | $3,510 |
| 2017 | 9 | 350 FWD | $51,870 | $22,900 | KBB fair price | 44% | $28,970 | $3,219 |
| 2016 | 10 | 350 FWD | $50,890 | $20,500 | KBB fair price | 40% | $30,390 | $3,039 |
| 2015 | 11 | 350 FWD | $48,625 | $17,450 | KBB fair price | 36% | $31,175 | $2,834 |
| 2014 | 12 | 350 FWD | $48,260 | $16,200 | KBB fair price | 34% | $32,060 | $2,672 |
| 2013 | 13 | 350 FWD | $48,145 | $14,000 | KBB fair price | 29% | $34,145 | $2,627 |
| 2012 | 14 | 350 FWD | $47,315 | $12,550 | KBB fair price | 27% | $34,765 | $2,483 |
| 2011 | 15 | 350 FWD | $47,705 | $11,700 | KBB fair price | 25% | $36,005 | $2,400 |
| 2010 | 16 | 350 FWD | $46,255 | $10,550 | KBB fair price | 23% | $35,705 | $2,232 |
| 2009 | 17 | 350 FWD | $44,125 | $8,375 | KBB fair price | 19% | $35,750 | $2,103 |
- Biggest drop
- Age 5 to age 6: $9,340 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 | $53,129 | $46,025 | $41,600 | $38,720 | $36,256 |
| 2023 | $50,802 | $43,824 | $43,083 | $38,600 | $36,336 | $34,382 |
| 2022 | $41,611 | $37,995 | $35,613 | $34,800 | $32,604 | $30,668 |
| 2021 | $40,082 | $32,464 | $32,386 | $30,800 | $26,794 | $23,208 |
| 2020 | $33,701 | $29,520 | $27,629 | $28,000 | $25,412 | $23,109 |
| 2019 | $29,762 | $26,636 | $23,765 | $24,700 | $22,198 | $19,959 |
| 2018 | $28,406 | $23,448 | $22,456 | $23,900 | N/A | N/A |
| 2017 | $26,525 | $22,548 | $20,468 | $22,400 | N/A | N/A |
| 2016 | $20,967 | $19,802 | $18,025 | $19,150 | N/A | N/A |
| 2015 | $16,833 | $15,907 | $15,315 | $16,100 | N/A | N/A |
| 2014 | $14,785 | $12,917 | $12,019 | $14,400 | N/A | N/A |
| 2013 | $12,810 | $11,319 | $10,606 | $12,750 | N/A | N/A |
| 2012 | $11,780 | $9,359 | $9,390 | $10,650 | N/A | N/A |
| 2011 | $10,750 | $8,972 | $8,013 | $10,550 | N/A | N/A |
| 2010 | $9,567 | $8,060 | $8,033 | $9,250 | N/A | N/A |
| 2009 | $6,574 | $5,714 | $5,711 | $7,350 | 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