Used 2023 Lexus RX Hybrid for Sale near Ontario

How much does the 2023 Lexus RX Hybrid cost?

Prices have softened 7.68% compared to this time last year, making it a favourable time to shop this model year.

There are 105 listings available, which suggests you have a reasonable amount of inventory to compare.

Is the 2023 Lexus RX Hybrid a good car?

Yes — the 2023 Lexus RX Hybrid earns a 4.7/5 user rating and a 7.5/10 expert rating. The model scores 8/10 across Look and feel, Performance, Cost effectiveness, and Safety.

The hybrid RX stands out because Lexus broadened the 2023 line-up with the RX 350h, RX 450h+ PHEV, and RX 500h F Sport Performance, giving you more than one way to shop the hybrid family. In testing, the RX 350h trims are fuel efficient, the RX 500h trims are fun to drive, and the technology is impressive.

The trade-offs are worth weighing: the RX 500h delivers poor fuel economy, cargo space is limited, and the head-up display integration is poor. If you want an upscale hybrid SUV with a wider range of personalities than a single efficiency-focused model, this one fits that brief well.

36.2% of listings are priced as good or great deals, which points to a decent amount of market value if you shop carefully.

Is the 2023 Lexus RX Hybrid reliable?

Owners rate it 4.7/5, a strong signal of long-term satisfaction.

The 2023 RX Hybrid is built around Lexus Safety System+ 3.0 and a redesigned hybrid line-up, which supports the impression of a well-developed, mainstream luxury SUV rather than a risky first attempt. The RX 350h’s efficiency focus and the RX 500h’s more complex performance hardware give you different ownership experiences, but both sit within the same new-generation RX architecture.

The performance side of the hybrid system is described as refined in normal use, with the RX 350h delivering quiet, effortless fuel economy most of the time. The RX 500h adds more hardware and more complexity, so long-term ownership risk is likely higher if you choose the performance model and expect lower running costs.

What should I look for when buying a used 2023 Lexus RX Hybrid?

Key things to evaluate:

• Trim level: The RX 350h looks nearly identical to the standard RX 350, while the RX 500h F Sport Performance adds a blacked-out grille, more aggressive bumper designs, matte-black 21-inch wheels, and specific interior trimmings. If you want the most distinctive appearance and sportier feel, the RX 500h is the clear step up.
• Powertrain: The RX 350h uses a 2.5-litre four-cylinder hybrid setup with 246 hp and is the efficiency-focused choice. The RX 500h uses a turbocharged 2.4-litre four-cylinder hybrid system with 366 hp, a six-speed automatic, and Direct4 AWD, and it is the more engaging option.
• Safety package: Every 2023 RX comes with Lexus Safety System+ 3.0, including motorcycle detection, evasive steering assistance, intersection turn assistance with front cross-traffic alert, curve-speed reduction, lane departure warning, automatic emergency braking, blind spot monitoring, and Proactive Driving Assist. Traffic Jam Assist is also offered, and Advanced Park is available.
• Infotainment: The new Lexus Interface brings wireless Apple CarPlay and Android Auto, plus connected services and cloud-based navigation on equipped models. The touchscreen is large, but it can show only one screen menu at a time, and the available head-up display can be distracting to use.
• Fuel efficiency: The RX 350h is expected to average 6.5 L/100 km in combined driving, while the RX 500h is expected to consume no less than 8.6 L/100 km in combined driving. In testing, the RX 350h averaged 7.4 L/100 km, while the RX 500h averaged 11.3 L/100 km.

Which 2023 Lexus RX Hybrid trim should I buy?

The 2023 Lexus RX Hybrid is offered in 2 trim levels: RX 350h and RX 500h F Sport Performance.

Here's the short version:

• RX 350h: This is the best-value choice if you want the hybrid RX that makes the most sense for most people most of the time. It is the efficiency-focused model, it is the least expensive hybrid RX, and it delivers the strongest fuel-economy story in the line-up.
• RX 500h F Sport Performance: Choose this if you want the most powerful and most engaging hybrid RX. It adds the sportier appearance, the turbo hybrid drivetrain, and the more athletic chassis hardware, but it also brings the weakest fuel economy and the highest price.

Every 2023 RX comes with Lexus Safety System+ 3.0, so safety equipment is standard across the line-up.

Is now a good time to buy a used 2023 Lexus RX Hybrid?

This looks like a moderate, selective buyer's market, so you can shop with some leverage if you are patient and compare listings carefully.

• Deal availability: 36.2% of listings are priced as good or great deals.
• Inventory: There are 105 listings available.
• Price trend: Prices have softened 7.68% compared with last year.

If you find a listing below $55,419 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2023 Lexus RX Hybrid's resale value?

The current average of $55,896 CAD sits slightly below last year's $60,547 CAD.

That price movement suggests the market has cooled a bit, which can help you as a buyer today but may temper resale upside if you plan to sell soon. The current average is still well within the model's year-round range, so the RX Hybrid remains a relatively stable luxury SUV in pricing terms.

If you buy at the right number, the softer market could work in your favour now, but future resale will depend on how well the model holds demand as newer inventory arrives. The hybrid RX's broad appeal should help support values, especially for the more efficient trims.

Vehicles with strong owner satisfaction ratings, like this model year's 4.7/5, tend to retain buyer demand, which supports resale value over time.

Is the 2023 Lexus RX Hybrid safe?

The 2023 RX comes with Lexus Safety System+ 3.0, a robust collection of advanced driver assistance systems that includes motorcycle detection, evasive steering assistance, intersection turn assistance with front cross-traffic alert, curve-speed reduction for adaptive cruise control, lane departure warning, automatic emergency braking, blind spot monitoring, and Proactive Driving Assist.

It earns an 8/10 safety score from our experts.

The system is standard across the line-up, and Lexus also offers Traffic Jam Assist plus available Advanced Park. One caveat is that some of the newer assistance features can be distracting in practice, especially the head-up display-dependent controls and the curve-speed reduction behaviour.

Should I buy a 2023 Lexus RX Hybrid 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:

• 36.2% of listings are priced as good or great deals.
• Price trend: Prices have softened 7.68% compared with last year.
• Owners rate it 4.7/5 — a strong satisfaction signal.
• Since the redesigned 2023 Lexus RX mid-size crossover went on sale toward the end of 2022, Lexus has filled out the electrified line-up with three hybrid models, giving you a broader range of hybrid choices than the previous generation.

The bottom line: If you want the newest RX Hybrid family with the broadest mix of efficiency and performance, the 2023 is the right place to start. If you are mainly price-sensitive, you can use the softer market and decent inventory to focus on the best-value RX 350h listings rather than stretching for the more expensive performance model.

How does the 2023 Lexus RX Hybrid compare to the 2023 Toyota Venza?

Expert Pros & Cons (per CarGurus review team)

2023 Lexus RX Hybrid:

• Pros: RX 350h trims are fuel efficient, RX 500h trims are fun to drive, Impressive technology.
• Cons: RX 500h delivers poor fuel economy, Not much cargo space, Poor head-up display integration.

2023 Toyota Venza:

• Pros: Fuel-efficient hybrid powertrain, Comfortable, Stylish design.
• Cons: Not much cargo space, Middling performance.

Our experts score the 2023 Lexus RX Hybrid 7.5/10 and the 2023 Toyota Venza 6.3/10. The Lexus is the more versatile and more premium-feeling choice, especially if you want either stronger efficiency or a more engaging drive. The Venza is the simpler, more affordable hybrid SUV, but it gives up performance and overall expert score.

These recommendations are based on CarGurus' proprietary market data from November 10, 2026, CarGurus experts' opinions, and generative AI.