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What is a 2024 Lexus LX worth?

Our estimate for a 2-year-old Lexus LX in average condition with typical mileage, on 2026 market pricing.

Retail value today
R 1 669 118
R 1 518 897 to R 1 819 339
Trade-in offer
R 1 468 824
what a dealer would pay
Cost new (est.)
R 2 414 591
2024 launch pricing
Value kept
69%
R 745 473 depreciated

The 2024 LX on its value curve

R0R750kR1,5mR2,3mR3mNow1y2y3y4y5y6y7y8yYears from now

The marker shows where a 2024 model sits today: 2 years in, 31% of the new price already gone. The steep part of the curve is behind it; from here it sheds value at roughly 13% a year.

If you buy it now

Fair buy price (retail)R 1 669 118
Worth in 1 yearR 1 452 393
Worth in 3 yearsR 1 072 530
3-year cost of ownership (depreciation)R 596 588
±Monthly financedR 29 173/m

Depreciation only; fuel, insurance and maintenance excluded.

Is one year newer worth it?

Model yearEst. retailStep up costs
2025R 2 023 683See value →
2024 (this page)R 1 669 118+R 354 565 to newest
2023R 1 376 676+R 647 007 to newestSee value →

2024 Lexus LX: common questions

What is a 2024 Lexus LX worth in South Africa?

Around R 1 669 118 as a retail asking price, with clean low-mileage examples reaching R 1 819 339 and higher-mileage cars closer to R 1 518 897. A dealer trade-in offer would sit near R 1 468 824.

Is a 2024 Lexus LX a good buy now?

It has already absorbed 31% of its new-car depreciation. If you buy at R 1 669 118 and keep it three years, expect it to shed roughly R 596 588 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 2024 Lexus LX cost new?

About R 2 414 591 at launch pricing in 2024 (our estimate, deflated from today's list price). It has kept 69% of that.

What would financing a 2024 Lexus LX cost monthly?

At R 1 669 118 over 72 months at 11.75% with 10% down, roughly R 29 173 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.