What is a 2023 Lexus LX worth?
Our estimate for a 3-year-old Lexus LX in average condition with typical mileage, on 2026 market pricing.
The 2023 LX on its value curve
The marker shows where a 2023 model sits today: 3 years in, 40% of the new price already gone. The steep part of the curve is behind it; from here it sheds value at roughly 14% a year.
If you buy it now
| Fair buy price (retail) | R 1 376 676 |
| Worth in 1 year | R 1 183 026 |
| Worth in 3 years | R 873 615 |
| 3-year cost of ownership (depreciation) | R 503 061 |
| ±Monthly financed | R 24 062/m |
Depreciation only; fuel, insurance and maintenance excluded.
Is one year newer worth it?
| Model year | Est. retail | Step up costs | |
|---|---|---|---|
| 2024 | R 1 669 118 | — | See value → |
| 2023 (this page) | R 1 376 676 | +R 292 442 to newest | |
| 2022 | R 1 121 352 | +R 547 766 to newest | See value → |
2023 Lexus LX: common questions
What is a 2023 Lexus LX worth in South Africa?
Around R 1 376 676 as a retail asking price, with clean low-mileage examples reaching R 1 500 577 and higher-mileage cars closer to R 1 252 775. A dealer trade-in offer would sit near R 1 211 475.
Is a 2023 Lexus LX a good buy now?
It has already absorbed 40% of its new-car depreciation. If you buy at R 1 376 676 and keep it three years, expect it to shed roughly R 503 061 more. As a premium (established) model, it holds value well for its age, so you are paying for retention you will largely get back.
What did a 2023 Lexus LX cost new?
About R 2 288 712 at launch pricing in 2023 (our estimate, deflated from today's list price). It has kept 60% of that.
What would financing a 2023 Lexus LX cost monthly?
At R 1 376 676 over 72 months at 11.75% with 10% down, roughly R 24 062 per month before fees and insurance. Shorter terms suit used cars better; run your own numbers in the value calculator.
Keep going
Estimates modelled from list pricing and our SA depreciation tiers; condition, mileage, spec and region move real prices. Not a valuation or an offer.