Used 2023 Lexus NX for Sale nearMississauga, ON

How much does the 2023 Lexus NX cost?

Prices have softened 2.69% compared to this time last year, making it a favourable time to shop this model year.

There are 192 listings available, which gives you a reasonable amount of inventory to compare.

Is the 2023 Lexus NX a good car?

Yes — the 2023 Lexus NX earns a 5/5 user rating, which points to strong owner satisfaction. It stands out for distinctive styling, a more minimalist cabin, a large touchscreen display, and a broad range of powertrains that includes efficient hybrid and plug-in hybrid options. If you want a premium-feeling compact SUV with useful technology and a strong reliability reputation, this model year fits that brief well. With 27.6% of listings marked as good or great deals, you have some room to shop selectively.

Is the 2023 Lexus NX reliable?

Owners rate it 5/5, a strong signal of long-term satisfaction.

The 2023 Lexus NX is described as having a strong reputation for reliability, and its appeal is tied to dependability as much as style or technology. For used buyers, that generally lowers the risk of unpleasant surprises over time, especially if you choose a well-maintained example.

Is now a good time to buy a used 2023 Lexus NX?

This is a moderate buyer’s market, so you can be selective without expecting deep discounts on every listing.

• Deal availability: 27.6% of listings are priced as good or great deals.
• Inventory: There are 192 listings available.
• Price trend: Prices have softened 2.69% compared with last year.

If you find a listing below $43,343 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2023 Lexus NX's resale value?

The current average of $44,040 CAD sits slightly below last year's $45,257 CAD.

That softer pricing suggests the market has eased a bit, which can help you buy at a more favourable point in the cycle. For a future seller, it also means resale expectations should stay realistic rather than assuming appreciation. The NX’s premium positioning and strong reputation for dependability should still help support demand when you decide to sell.

Vehicles with strong owner satisfaction ratings, like this model year's 5/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2023 Lexus NX or consider a different year?

If you're weighing the 2023 against nearby model years, here's how to think about it:

Choose the 2023 if:

• 27.6% of listings are priced as good or great deals.
• Price trend: Prices have softened 2.69% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.

Consider the 2022 if:

• At $41,908 CAD, the 2022 costs less than the current year's $44,040 CAD average.
• The redesign brings a more modern, tech-focused feel.

The bottom line: Choose the 2023 if you want the current-year balance of pricing, satisfaction, and broad powertrain choice. If your priority is spending less up front, the 2022 is the better value play and still gives you the NX’s core strengths.

How does the 2023 Lexus NX compare to the 2023 Toyota RAV4?

Read our full side-by-side expert comparison here.

These recommendations are based on CarGurus' proprietary market data from November 4, 2026, CarGurus experts' opinions, and generative AI.