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What is a 2024 Lexus RX worth?

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

Retail value today
R 949 787
R 864 306 to R 1 035 268
Trade-in offer
R 835 813
what a dealer would pay
Cost new (est.)
R 1 362 503
2024 launch pricing
Value kept
70%
R 412 716 depreciated

The 2024 RX on its value curve

R0R500kR1mR1,5mR2mNow1y2y3y4y5y6y7y8yYears from now

The marker shows where a 2024 model sits today: 2 years in, 30% 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 949 787
Worth in 1 yearR 829 005
Worth in 3 yearsR 616 324
3-year cost of ownership (depreciation)R 333 463
±Monthly financedR 16 601/m

Depreciation only; fuel, insurance and maintenance excluded.

Is one year newer worth it?

Model yearEst. retailStep up costs
2025R 1 148 015See value →
2024 (this page)R 949 787+R 198 228 to newest
2023R 785 787+R 362 228 to newestSee value →

2024 Lexus RX: common questions

What is a 2024 Lexus RX worth in South Africa?

Around R 949 787 as a retail asking price, with clean low-mileage examples reaching R 1 035 268 and higher-mileage cars closer to R 864 306. A dealer trade-in offer would sit near R 835 813.

Is a 2024 Lexus RX a good buy now?

It has already absorbed 30% of its new-car depreciation. If you buy at R 949 787 and keep it three years, expect it to shed roughly R 333 463 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 RX cost new?

About R 1 362 503 at launch pricing in 2024 (our estimate, deflated from today's list price). It has kept 70% of that.

What would financing a 2024 Lexus RX cost monthly?

At R 949 787 over 72 months at 11.75% with 10% down, roughly R 16 601 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.