Lexus GX Depreciation: Do They Hold Their Value?
Here's everything you need to know about Lexus GX depreciation: how well the GX retains its value, which years depreciate quickly, and which GX years best hold their value.
The Lexus GX is a luxury midsize/full-size SUV selection, offering more room than ever in a luxurious frame. Those who want a fancy ride but want to upgrade their experience will love this machine. However, a comfortable ride doesn’t mean anything when looking at depreciation. What does depreciation look like for the Lexus GX selection?
The Lexus GX depreciation matters when investing, especially if you want to keep as much money in your bank account as possible when it comes time to sell the machine or purchase another car. Keep reading to learn more about how long the Lexus GX retains its value, which model years are best for depreciation, and other tidbits of information.
Do Lexus GXes Retain Your Value?
Lexus does a solid job holding onto its value, but that doesn’t break it down to the specific Lexus GX depreciation rate. While the Lexus name might perform well, we must zoom into the Lexus GX to determine if it’s effective at depreciation.
According to caredge.com, here are some statistics on the Lexus GX depreciation:
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Which Model Years of the GX Are Best for Depreciation?
There are several model years of the Lexus GX, which means you have many choices when selecting your final model year. No two years are created equal, and some are much better at depreciation than others.
When looking at the Lexus GX depreciation, here are the best years to make your own:
- 2011 Lexus GX
- 2012 Lexus GX
- 2017 Lexus GX
These fare well on the market and under ownership.
If you want modern features in your Lexus GX, we advise choosing the 2015 Lexus GX to make the best choice with ample necessary upgrades. The 2011 and 2012 selections are also practical but might be outdated for some car tastes.
Which Model Years of the GX Are Worst for Depreciation?
Where there are excellent versions, there are also iterations less than ideal for depreciation in the Lexus GX. Although it could be tempting to purchase these years, they offer significantly less value than the recommended selections.
When pondering the Lexus GX depreciation, here are the worst years to make your own:
- 2010 Lexus GX
- 2013 Lexus GX
- 2014 Lexus GX
- 2016 Lexus GX
These don’t have the best track record on the market.
Most of these models are outdated anyway, but the 2016 Lexus GX might be interesting to invest in. We still don’t recommend purchasing the machine even if you find it at a much lower price point than other choices.
THE LEXUS GX 460 YEARS TO AVOID
Lexus consistently produces high-quality luxury vehicles that perform well on the road and on the racetrack. The GX 460 is no exception to that rule, but it’s important to remember that there are still some Lexus GX 460 years to avoid.
Can You Assist with Depreciation?
If you’re nervous about your vehicle losing its value, you might want to know what you can do to minimize the depreciation at a minimum. While there are many things, such as natural wear and tear, that you can’t control, there are some things you can.
According to kingstoyota.com, here are some ways you can assist with depreciation in your Lexus GX:
- Maintain your vehicle
- Drive fewer miles
- Invest in the right year
- Care for the interior and exterior
These will provide the best results when examining depreciation.
The more effort you put into your vehicle, the longer it will last. That might mean driving carefully, keeping your miles at a minimum, and maintaining your car effectively in every possible area. It also means letting go of the idea that you can control everything. There will always be aging factors you don’t notice.
Which Lexus Holds Its Value the Best?
Maybe you’re interested in purchasing a car like the Lexus GX, but you’d prefer a selection from the Lexus name with an excellent history on the market. While the GX has a decent history, other vehicles come before it.
According to iseecars.com, here are the top Lexus selections available:
- Lexus IS 350
- Lexus RX 500h
- Lexus ES 250
- Lexus ES 300h
- Lexus LX 600
The Lexus GX is nowhere on this list, unfortunately.
If you want to lower the rate of depreciation in your vehicle as much as possible, go with one of these vehicles and the best-listed model year. The Lexus GX does not make the top five when examining depreciation.
HOW LONG DO LEXUS GXs LAST?
If you’re interested in this car for your life, one of the most vital questions you can ask yourself is the following - how long do Lexus GXs last?
What is the Life Expectancy of a Lexus GX?
Another helpful consideration of the Lexus GX is its life expectancy. Although they aren’t always coordinated, life expectancy often correlates to an excellent rate of depreciation. The longer your vehicle will last, the better it will fare.
A typical life expectancy for the Lexus GX is 250,000-300,000 miles. This range is excellent and means you’ll get at least two decades for your machine.
To keep this high life expectancy, you must care for your vehicle. Maintain it, select the best model year, and drive it carefully to ensure you’ll get the maximum life expectancy and effective rates of depreciation from the Lexus GX.
Final Thoughts on Lexus GX Depreciation
The Lexus GX is an excellent vehicle. Although it isn’t in the top five available selections from the Lexus name, it still fares well on the road. If you invest in one of the few best years and care for the machine, the Lexus GX bodes well in the depreciation department.
We hope this information is useful as you hit the car market for your next vehicle. Whether you’re searching for a vehicle with the lowest depreciation rate or want to know if it’s possible to sell your vehicle, it’s helpful to know as much as possible about the Lexus RX before investing.
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