Craigslist Lexus For Sale By Owner (2024)

FAQs

Why is Lexus resale so high? ›

Toyota's high-end division enjoys a reputation for building opulent vehicles that retain their value. “When it comes to luxury cars, Lexus takes the cake,” said Gareth Boyd, editor of Range Rover Fanatic. “Models like the Lexus GX and LX have a strong resale value due to their high quality and robust engineering.”

Here are some key advantages: Savings: Buying a used Lexus will save you money, as new cars typically experience the most substantial depreciation in the first few years. Reliability: Lexus vehicles have a reputation for dependability. It's not uncommon to see a Lexus that is several decades old on Decatur roads.

1. Lexus RX. The Lexus RX is the best-selling luxury SUV, blending elegance with practicality. It's celebrated for its smooth ride, luxurious interior, and innovative safety features, making it a top choice for families.

Is a Lexus expensive to maintain? On the whole, Lexus vehicles are some of the least expensive cars to maintain compared to other luxury brands. They can also be cheap compared to mass-market brands, too, because many Lexus models share parts with Toyota. However, it also depends on the model you have.

Lexus was named the Best Luxury Brand for resale value in 2023, with special mention going to the LS as a top model. No BMW models were named.

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.

Most experts agree that a car should be driven no more than 12,000 to 15,000 miles in a year. So, good mileage for a used car that is six years old should have no more than 72,000 to 90,000 miles on the odometer. Otherwise, you're looking at a car that has endured a lot of wear and tear in a short amount of time.

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.

On the whole, Mercedes-Benz models offer higher performance capabilities, unique interior features as standard, and greater efficiency than Lexus models. We compare the two brands side by side for Rancho Cucamonga drivers below to show them why Mercedes-Benz is truly a one-of-a-kind brand.

The most popular Lexus cars in India are ES (Rs. 63.10 Lakh), LC 500h (Rs. 2.39 Crore) and LX (Rs. 2.82 Crore).

Who is Lexus biggest competitor? ›

BMW and Lexus are certainly familiar rivals in the luxury segment. We've taken the time to compare these two brands in an effort to help illustrate the strengths and advantages of Lexus vehicles.

Lexus ranks as the fourth most expensive make to insure. While both the Lexus ES 350 and the Lexus IS were 2022 Top Safety Pick+ winners from the IIHS, this luxury brand's car insurance rates aren't cheap. The average cost to insure a Lexus is $189 per month or $2,273 per year.

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.

With that said, you're probably asking yourself, “Does Lexus require premium gas?” For most (but not all) of the Lexus lineup, the answer to that question is yes. Most Lexus models require you use at least 91 octane (premium) gasoline, while there are a few that can use 87 octane regular unleaded.

If you want to buy a new car that will hold its value, buy a Lexus. The tag-team of Toyota, and it's upscale nameplate, Lexus, definitely rule the roost when it comes to retaining value for their owners. The 2022 is our top pick for the best model year value for the Lexus vehicles.

You're in a good spot whether you're considering a Lexus as your next purchase or you own one already. Lexus has a well-earned reputation for building quality vehicles that hold more value longer than other brands.

If you are in the market for a used luxury car, a Lexus is an excellent choice. Lexus has earned a solid reputation for producing high-quality, reliable, and durable vehicles. Buying a used Lexus affords you opulence and performance at a lower price.

Rising Production Costs

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