Do Lexus Vehicles Maintain Their Resale Value?

The secret of Lexus’ success is multi-faceted, but one of the plus points for those who love this luxury brand is how well Lexus vehicles hold their value. In a world filled with luxury cars that devalue rapidly as soon as they leave a showroom floor, the Lexus range of desirable vehicles maintain strong resale value.

Which year is best?
According to data reported in Emirates247.com, the largest drop in value for pre-owned vehicles occurs in the first year. During this period, the top ten valuated models across all manufacturers will shed an average of 20% of their original value. However, after that period, the resale value can become more stable, depending on the make and model of the vehicle. Clearly, factors such as mileage and condition play a significant factor as well as age. So a pristine three-year-old vehicle may have a higher resale value than a high-mileage two-year-old comparable vehicle. The report also indicates that Lexus is one of the Luxury brands that loses the least in that all-important first year. This makes Lexus resistant to excessive depreciation and minimises the resale value drop-off.

Why do Lexus cars hold their value so well?
It's simple – the quality. Lexus has an enviable reputation for excellence, both aesthetically and technologically. These are superb quality vehicles with years of research and development behind them.

This minute attention to detail ensures that not only is the build quality exemplary, but the vehicles have an unrivalled reputation for reliability too.

Which is the best Lexus?
That's a difficult call to make, as every Lexus owner will have their own opinion. The value retention will depend on factors such as the mileage, the condition, and the exact model. Rarer or more desirable models will command higher resale values, as will those with very low mileage or those in pristine condition.

However, even older models fare well regarding resale value, which is why Lexus vehicles are great if you want to boost your trade-in value on your next upgrade. With a reputation as some of the most reliable luxury cars in the market, that iconic spindle grille and the Lexus badge will consistently deliver a better rate of pre-owned value.

If you want to know more about the Lexus range, visit your nearest Al-Futtaim Lexus showroom. If you’re ready to trade in your Lexus for a newer model, the fact that these premium cars hold their value so well means that you’ll be able  to upgrade to an even better model than you thought!