Lexus LS value and depreciation
Known for flagship build quality, tiny sales.
Projected value of a new Lexus LS
We class the Lexus LS as a luxury flagship & exotic in our 12-tier model, which puts its retention at roughly 54% after three years and 37% after five. Flagship saloons and exotics shed value brutally once the first owner is done. Some halo cars (911, certain AMG and M cars) beat this curve and carry per-model overrides.
Retention table
| After | Retained | Retail value | Trade-in |
|---|---|---|---|
| 1 year | 76% | R 1 929 321 | R 1 697 802 |
| 3 years | 54% | R 1 369 444 | R 1 205 111 |
| 5 years | 37% | R 947 962 | R 834 207 |
| 7 years | 25% | R 647 921 | R 570 170 |
| 10 years | 14% | R 359 207 | R 316 102 |
Estimates for a new purchase at R 2 543 600; retail basis, trade-in ≈ 12% under retail.
The LS 400 is the car that launched Lexus, and the flagship sedan was sold in South Africa in small numbers for three decades. Lexus SA confirmed the LS was discontinued at the end of 2023 after registering a single unit that year. Depreciation is severe, which makes used examples strong value for buyers who can stomach it.
What used LS 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 | |
|---|---|---|---|
| 2023 LS | R 1 369 444 | R 1 205 111 | Details → |
| 2022 LS | R 1 079 978 | R 950 381 | Details → |
| 2021 LS | R 851 699 | R 749 495 | Details → |
| 2020 LS | R 671 671 | R 591 070 | Details → |
| 2019 LS | R 523 012 | R 460 251 | Details → |
| 2018 LS | R 407 256 | R 358 385 | Details → |
| 2017 LS | R 317 119 | R 279 065 | Details → |
| 2016 LS | R 246 932 | R 217 300 | Details → |
| 2015 LS | R 192 279 | R 169 206 | Details → |
| 2014 LS | R 149 723 | R 131 756 | Details → |
| 2013 LS | R 116 585 | R 102 595 | Details → |
| 2012 LS | R 90 782 | R 79 888 | Details → |
LS against its rivals
Lexus LS: common questions
What is a Lexus LS worth after 3 years?
A Lexus LS bought new today for R 2 543 600 is projected to be worth about R 1 369 444 after three years, which is 54% of its price. A dealer trade-in offer would sit closer to R 1 205 111.
Does the Lexus LS hold its value?
We class the Lexus LS as a luxury flagship & exotic in our 12-tier model, which puts its retention at roughly 54% after three years and 37% after five. Flagship saloons and exotics shed value brutally once the first owner is done. Some halo cars (911, certain AMG and M cars) beat this curve and carry per-model overrides.
What does a used Lexus LS cost?
As a guide: a 2021 model is worth about R 851 699 retail today, while a 2012 model sits around R 90 782. Condition, mileage and spec move real prices by 10% or more either way.
What would a Lexus LS cost per month?
Financing a new Lexus LS at R 2 543 600 over 72 months at 11.75% with a 10% deposit comes to roughly R 44 458 per month before bank fees and insurance.
Keep going
All figures are modelled estimates for planning, not offers or valuations. Data reviewed 2026.