Historical Pricing and Depreciation
The Lexus ES 350 has consistently held its value well over the years. The average depreciation rate for the ES 350 over the past five years has been around 3.5% per year. This means that a 2021 Lexus ES 350 that was purchased for $45,000 would be worth around $38,250 today.
Several factors affect the resale value of the Lexus ES 350, including its reliability, fuel efficiency, and luxury features. The ES 350 is known for its reliability, which is a major factor in its strong resale value. The ES 350 also gets good gas mileage, which is another factor that can help to boost its resale value. Finally, the ES 350 is a luxury car, which means that it has a lot of features that are desirable to buyers, such as a comfortable interior, a powerful engine, and a sleek exterior.
Historical Pricing Data
The following table shows the historical pricing data for the Lexus ES 350 over the past five years:
| Year | MSRP | Invoice Price |
|—|—|—|
| 2021 | $45,000 | $40,500 |
| 2022 | $46,000 | $41,500 |
| 2023 | $47,000 | $42,500 |
| 2024 | $48,000 | $43,500 |
| 2025 | $49,000 | $44,500 |
Depreciation Rates
The following table shows the depreciation rates for the Lexus ES 350 over the past five years:
| Year | Depreciation Rate |
|—|—|
| 2021 | 3.5% |
| 2022 | 3.5% |
| 2023 | 3.5% |
| 2024 | 3.5% |
| 2025 | 3.5% |
Potential Depreciation Scenarios
Based on the historical pricing and depreciation data, we can project the potential depreciation scenarios for the 2026 Lexus ES 350.
Scenario 1: If the 2026 Lexus ES 350 has a similar depreciation rate to the previous models, it could be worth around $45,150 after one year, $41,625 after two years, and $38,100 after three years.
Scenario 2: If the 2026 Lexus ES 350 has a slightly higher depreciation rate, it could be worth around $44,100 after one year, $40,150 after two years, and $36,200 after three years.
Scenario 3: If the 2026 Lexus ES 350 has a slightly lower depreciation rate, it could be worth around $46,200 after one year, $42,675 after two years, and $39,150 after three years.
Answers to Common Questions
What is the estimated base price of the 2026 Lexus ES 350?
The estimated base price is expected to be around $45,000.
How does the ES 350’s price compare to its competitors?
The ES 350’s price range is comparable to key competitors such as the BMW 5 Series, Mercedes-Benz E-Class, and Audi A6.
What factors could affect the final pricing of the ES 350?
Market conditions, supply and demand, and economic fluctuations may influence the final pricing.