How much is Lexus IS 350 depreciation?
I’m looking to enter the luxury car market for the first time, and I really like what the Lexus IS 350 has to offer. However, I’ve also read that many luxury vehicles depreciate at an insanely high rate—something I want to avoid. How high is the depreciation rate on the Lexus IS 350?
Eric Schad · Answered on Dec 13, 2022
Reviewed by Shannon Martin, Licensed Insurance Agent.
You’re in luck! With a drop in value of just 29% over the first five years after purchase, the Lexus IS 350 has one of the lower depreciation rates in the luxury sedan segment. While SUVs tend to have lower depreciation than sedans, the Lexus IS 350’s relative popularity and higher demand in the resale market make it a better option than other luxury models in terms of depreciation.
Lexus models are also made by Toyota, a reliable brand, so they’ve been known to last longer than other luxury models when they’re properly maintained. If you want a luxury car that has one of the best resale values and a low cost of ownership, the Lexus IS 350 is a solid choice.
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