Lexus ES value and depreciation
Known for comfort and value against german rivals.
Projected value of a new Lexus ES
We class the Lexus ES as a premium (established) in our 12-tier model, which puts its retention at roughly 60% after three years and 45% after five. German and established luxury compacts and mid-sizers. A hard first-year knock, then steady losses that accelerate once the motorplan expires.
Retention table
| After | Retained | Retail value | Trade-in |
|---|---|---|---|
| 1 year | 80% | R 677 209 | R 595 944 |
| 3 years | 60% | R 513 433 | R 451 821 |
| 5 years | 45% | R 379 692 | R 334 129 |
| 7 years | 33% | R 277 270 | R 243 998 |
| 10 years | 20% | R 169 785 | R 149 411 |
Estimates for a new purchase at R 851 500; retail basis, trade-in ≈ 12% under retail.
South Africa only got the ES nameplate in 2013, and the front-wheel-drive ES 300h hybrid is now the cheapest way into a new Lexus sedan. It undercuts the German midsize establishment on price and running costs while offering more cabin space. Resale is average for the class but reliability complaints are rare.
What used ES years are worth today
Tap a year for the full breakdown: value range, remaining depreciation, and what to pay.
| Year | Est. retail today | Trade-in | |
|---|---|---|---|
| 2026 ES | R 851 500 | R 749 320 | Details → |
| 2025 ES | R 641 904 | R 564 876 | Details → |
| 2024 ES | R 529 783 | R 466 209 | Details → |
| 2023 ES | R 437 247 | R 384 777 | Details → |
| 2022 ES | R 356 408 | R 313 639 | Details → |
| 2021 ES | R 290 515 | R 255 653 | Details → |
| 2020 ES | R 236 805 | R 208 388 | Details → |
| 2019 ES | R 190 606 | R 167 733 | Details → |
| 2018 ES | R 153 420 | R 135 010 | Details → |
| 2017 ES | R 123 489 | R 108 670 | Details → |
| 2016 ES | R 99 397 | R 87 469 | Details → |
| 2015 ES | R 80 006 | R 70 405 | Details → |
ES against its rivals
Where the ES ranks
Lexus ES: common questions
What is a Lexus ES worth after 3 years?
A Lexus ES bought new today for R 851 500 is projected to be worth about R 513 433 after three years, which is 60% of its price. A dealer trade-in offer would sit closer to R 451 821.
Does the Lexus ES hold its value?
We class the Lexus ES as a premium (established) in our 12-tier model, which puts its retention at roughly 60% after three years and 45% after five. German and established luxury compacts and mid-sizers. A hard first-year knock, then steady losses that accelerate once the motorplan expires.
What does a used Lexus ES cost?
As a guide: a 2024 model is worth about R 529 783 retail today, while a 2015 model sits around R 80 006. Condition, mileage and spec move real prices by 10% or more either way.
What would a Lexus ES cost per month?
Financing a new Lexus ES at R 851 500 over 72 months at 11.75% with a 10% deposit comes to roughly R 14 883 per month before bank fees and insurance.
Keep going
All figures are modelled estimates for planning, not offers or valuations. Data reviewed 2026.