The Lexus RX 350 is a luxury vehicle that ranks high among its competitors. It depreciates only around 42% in the first five years. Even 10 years later, it’s still valued above $18,000.
Do Lexus RX 350s hold their value?
With an MSRP between $46,823 and $53,774, the Lexus RX 350 is one of the more affordable luxury vehicles. The Lexus RX 350 does hold its value well over time, assuming 13,500 miles driven per year.
According to Car Edge, over the course of 10 years, it will keep around 33.23% of its value, and it will have a resale value of approximately $18,506. Compared to its top competitors, the Acura MDX, Infiniti QX50 and BMW X5, it holds its value very well, even at a middle-of-the-range starting price.
Does the Lexus RX 350 Hold its Value?
The Lexus RX 350 ranks among the top five luxury vehicles for keeping its value. Starting at a price of approximately $55,692 new, you can expect it to depreciate down to $18,506 in 10 years. That’s with an annual mileage of 13,500 miles.
Compared to the top competitors, this certainly holds its value better, as you can see below.
Acura MDX
- Starting MSRP: $51,906
- 10-Year Retail: $11,253
Infiniti QX50
- Starting MSRP: $40,340
- 10-Year Retail: $11,420
BMW X5
- Starting MSRP: $79,297
- 10-Year Retail: $12,228
Customer Perception
Owners give this vehicle a 4.83/5-star rating based on 29 reviews. All ratings are either four or five stars. They love the reliability of the vehicle as well as the gas mileage, which is superior to some other luxury vehicle brands.
What is the Price of a 2020 Lexus RX 350?
The base model 2020 Lexus RX 350 costs between $46,823 and $53,774. It is a front-wheel-drive vehicle with a 3,500-pound towing capacity. It has 295 horsepower and 267 lb-ft.
There are a shocking number of add-on packages you can choose from.
Some include:
- Luxury package ($4,210)
- Premium package ($800)
- 3,500 lbs. tow prep package ($270)
- Cold weather package ($315)/Cold weather package (ct) ($200)
- 12.3-inch navigation system package ($2,285)
There are also optional port-installed options such as:
- Accessory package ($315)
- Tow hitch receiver w/ ball mount ($730)
RX 450h
Retail: $50,170 – $57,271
The 450h has a higher starting price because of its helpful all-wheel drive. The engine is the same as the base model, a 3.5L V6 DOHC 24. It has 267 lb-ft. and 295 hp.
The interior trim (metal look) is optional, as is a metal-look instrument panel. Genuine wood console inserts are also available.
RX 350L
Retail: $47,347 – $54,598
The 350L matches the 450h with its options, but it does have less torque and horsepower. It has only 290 hp and 263 lb-ft. Comparatively, this model seats up to seven, while the 450h seats only five.
RX 350 F SPORT
Retail: $49,776 – $57,177
The F SPORT trim seats five and has the same towing capacity as the base. Its differences come with the interior’s front bucket seats and memory settings for the driver seat, door mirrors and steering wheel.
A sport leather steering wheel comes standard with this model.
RX 350 F SPORT Performance
Retail: $50,350 – $51,750
The 350 F SPORT Performance does not share the memory settings options, but it does come with heated and ventilated front bucket seats. The driver’s seat is powered 10-ways and has a power lumbar support.
Lexus/Nakamichi speakers are optional on this and the F Sport. Both share the same safety features.
RX 450hL
Retail: $50,915 – $58,316
The 450hL comes with a rear HVAC with separate controls. It has fixed 50-50 split bench seating in the third row and has the NuLuxe seat trim.
This model is also a hybrid (thus the “h” in its name) and has 247 lb-ft. with 308 horsepower.
RX 450h F SPORT
Retail: $53,603 – $61,302
The 450 h F SPORT comes with a sport leather steering wheel with auto tilt away, standard heated front bucket seats and a gas/electric hybrid engine. It has 308 hp. and 247 lb-ft.
RX 450h F SPORT Performance
Retail: $52,920
This model does not have a rear HVAC, which is one of its drawbacks. However, it does have a powerful audio system with the Lexus multimedia system that some other trims lack.
Similar to other h models, it has a gas/electric hybrid system. It gets up to 31 mpg in the city and 28 mpg on the highway.
RX 350L Luxury
Retail: $53,300 – $54,700
This gas-engine powered luxury model is an 8-speed automatic with overdrive. It has 290 hp. and 263 ft. lbs. of torque. It seats up to seven, which is something to consider with larger families.
Roof rack rails are available for this trim, as are power rear windows and fixed third-row windows.
RX 450hL Luxury
Retail: $56,510
The difference between this and the previous luxury trim is that the RX 450hL Luxury has a hybrid engine. It gets 29 mpg in the city and up to 28 on the highway. It also has a single-speed CVT with overdrive.
It seats six and has more cargo capacity (7.5 cu. ft. up to 34.1 cu. ft.) than the other luxury trim as well.
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