Depreciation & used values · SUV
Lexus RX depreciation
The Lexus RX loses about 36% of its value in its first three years. From a list price of £78,000, a 2023 example with around 26,000 miles on the clock is worth about £38,350 today. The year-by-year table below values every age of RX at its typical mileage, from the same model behind its full profile.
Value by registration year
What a used RX is worth, year by year
Each row values that year's RX at its typical mileage (8,623 miles a year). The headline is the midpoint of a private sale and a dealer forecourt price; the range reflects condition and history.
| Reg year | Age | Typical miles | Est. value | Likely range | Of new price |
|---|---|---|---|---|---|
| 2026 | <1 yr | 4,500 | £69,500 | £62,500–£76,550 | 89% |
| 2025 | 1 yr | 8,500 | £55,950 | £50,100–£61,800 | 75% |
| 2024 | 2 yrs | 17,000 | £46,850 | £41,750–£51,950 | 66% |
| 2023 | 3 yrs | 26,000 | £38,350 | £34,050–£42,700 | 57% |
| 2022 | 4 yrs | 34,500 | £30,150 | £26,650–£33,700 | 49% |
| 2021 | 5 yrs | 43,000 | £25,000 | £21,950–£28,000 | 43% |
| 2020 | 6 yrs | 51,500 | £20,950 | £18,350–£23,550 | 38% |
| 2019 | 7 yrs | 60,500 | £17,150 | £14,950–£19,400 | 32% |
| 2018 | 8 yrs | 69,000 | £14,150 | £12,250–£16,000 | 28% |
Values are the Forecourt model's estimate at each age's typical mileage, not offers. For a specific mileage, trim and region, use the full RX profile →
The depreciation curve
Share of original value retained by age (to 8 years). The same curve drives the interactive chart on the profile.
Best time to buy or sell
Hold — Fair value — depreciation is moderating
- Loses about 12% a year around 3 years old
- UK numbers steady (-2.1% year on year)
- Reliability 89/100
RX depreciation — quick answers
How much does a Lexus RX depreciate?
The Lexus RX loses about 36% of its value in the first three years. A 2023 example with around 26,000 miles is worth about £38,350 today.
What is a 2023 Lexus RX worth?
A 2023 Lexus RX at a typical 26,000 miles is worth about £38,350 — likely between £34,050 and £42,700 depending on condition and history.
When is the best time to buy or sell a Lexus RX?
Fair value — depreciation is moderating. It loses about 12.5% a year around 3 years old.