Estimated value by year
New
$42,000
MSRP
1 yr
$34,020
-19%
2 yrs
$31,080
-26%
3 yrs
$28,560
-32%
5 yrs
$24,360
-42%
10 yrs
$15,960
-62%
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Full Depreciation Table — Lexus ES
Based on base MSRP of $42,000. Actual values vary by trim, mileage, condition, and region.
| Year | Age | Depreciation | 🤝 Trade-In | 🧑 Private Sale | 🏢 Dealer Retail |
|---|---|---|---|---|---|
| 2026 (New) | 0 yrs | -0% | $36,540 | $42,000 | $47,040 |
| 2025 | 1 yr | -19% | $29,597 | $34,020 | $38,102 |
| 2024 | 2 yrs | -26% | $27,040 | $31,080 | $34,810 |
| 2023 | 3 yrs | -32% | $24,847 | $28,560 | $31,987 |
| 2022 | 4 yrs | -38% | $22,655 | $26,040 | $29,165 |
| 2021 | 5 yrs | -42% | $21,193 | $24,360 | $27,283 |
| 2020 | 6 yrs | -46% | $19,732 | $22,680 | $25,402 |
| 2019 | 7 yrs | -50% | $18,270 | $21,000 | $23,520 |
| 2018 | 8 yrs | -54% | $16,808 | $19,320 | $21,638 |
| 2017 | 9 yrs | -58% | $15,347 | $17,640 | $19,757 |
| 2016 | 10 yrs | -62% | $13,885 | $15,960 | $17,875 |
Cost per year
$3,192
avg annual loss
Sweet spot buy
2–3 yrs old
$28,560 saves $13,440
Value at 10 yrs
$15,960
62% of value gone
Key Specs — Lexus ES
Category
Luxury Sedan
Base MSRP
$42,000
5-Year Depreciation
38%
vs Category Avg
14% better than average
Expected Lifespan
150,000–200,000 miles
Best Used Buy Age
2–3 years old
Should you buy a used Lexus ES?
The sweet spot for buying a used ES is 2 to 3 years old. At that age you can save approximately $13,440 off the new price while still getting a relatively modern vehicle. The steepest depreciation happens in the first 1-2 years, so letting someone else absorb that loss is a smart financial move.
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