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What is the Lexus ES 350 depreciation rate?
I’m getting a Lexus ES 350 as my next vehicle—which I’m totally excited about—but I’m just curious…what is the resale value like? Does it depreciate quickly?
Abbey Orzech · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Congrats on your new vehicle! That is an exciting prospect!
The Lexus ES 350 depreciation rate is 27% after five years, meaning the ES 350 will lose 27% of its original value after its first five years. Certainly not the best resale value out there, but it could also be worse!
But if you’re looking to save, rather than lose, some money on your Lexus ES 350, head to the
Jerry
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personal insurance broker
that lives in your pocket. But don’t worry about buying tiny office furniture—Jerry is an app. Once you download Jerry, just answer a handful of questions that will take you roughly 45 seconds to complete and you’ll immediately get presented with competitive Lexus ES 350 car insurance quotes
.View full answer
- Gregory R.
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Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
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