Used 2023 Lexus RX for Sale nearToronto, ON

How much does the 2023 Lexus RX cost?

Prices have softened 9.61% compared to this time last year, making it a favourable time to shop this model year.

There are 216 listings available, which gives you a solid amount of inventory to compare.

Is the 2023 Lexus RX a good car?

Yes — the 2023 Lexus RX earns a 5/5 user rating and a 7.2/10 expert rating. The model scores 8/10 across Cost effectiveness and Safety.

The redesigned RX takes a cautious approach, but it still feels meaningfully updated, with a comfortable cabin, premium interior materials, and impressive technology. It is a strong fit if you want a polished luxury crossover that stays close to the RX formula.

The trade-offs are worth weighing: the standard suspension can feel woozy on imperfect pavement, and cargo space is limited. Poor head-up display integration is another drawback.

With 34.3% of listings marked as good or great deals, you have a decent chance of finding a competitive price.

Is the 2023 Lexus RX reliable?

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

The RX’s appeal is built around reliability, refinement, safety, and style, and the expert review reinforces that identity. Lexus also gives you a well-developed suite of driver-assistance technology, which supports confidence in day-to-day use.

The turbocharged 2.4-litre engine is described as a good choice for the new RX, and the SUV is said to feel quicker than its estimated acceleration suggests. Lexus also notes that the RX 350 AWD returns slightly better fuel economy than the outgoing V6.

If you’re buying used, the main long-term ownership risk is that some of the RX’s more advanced tech and convenience features may be more complicated than you need.

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

Key things to evaluate:

• Trim level: The RX offers a modern interior with fewer buttons and knobs than before, plus digital instrumentation and a 9.8-inch or 14-inch touchscreen display. A head-up display is available, but the review notes that some versions add a subscription-based Intelligent Assistant after the complimentary period ends.
• Powertrain: The RX 350 uses a turbocharged 2.4-litre inline four-cylinder engine with 275 horsepower and 317 lb-ft of torque, paired with an eight-speed automatic transmission. Lexus says the RX 350 AWD averages 9.9 L/100 km in combined driving.
• Safety package: Lexus Safety System+ 3.0 is standard and includes lane departure warning, automatic high beams, blind spot monitoring, rear cross-traffic alert, motorcycle detection, evasive steering assistance, intersection turn assistance with front cross-traffic alert, and curve speed reduction with adaptive cruise control.
• Infotainment: Lexus Interface includes wireless Apple CarPlay, wireless Android Auto, satellite radio, connected services, user profiles, and available digital key smartphone technology. Screen sizes are 9.8 inches or 14 inches.
• Fuel efficiency: The RX 350 AWD is estimated at 9.9 L/100 km combined, and the review’s test results came in at 10.5 L/100 km and 10.8 L/100 km.

Which 2023 Lexus RX trim should I buy?

The 2023 Lexus RX is offered in 6 trim levels: RX 350, F Sport 1, Luxury, F Sport 2, Executive, and F Sport 3.

Here's the short version:

• RX 350: This is the entry point, and it gives you the core RX experience with the new turbocharged 2.4-litre engine, Lexus Interface, and the standard safety suite. It makes sense if you want the RX formula without chasing extras.
• F Sport 1: This trim adds a sportier flavour and is a good fit if you want a more expressive version of the RX without going all the way to the top.
• Luxury: This is the best-value trim if you want the most upscale feel, since it leans hardest into the RX’s premium cabin and comfort strengths.
• F Sport 2: Choose this if you want more of the sporty character and equipment than F Sport 1 provides.
• Executive: This trim is aimed at buyers who want a more fully equipped luxury SUV and are willing to pay for it.
• F Sport 3: This is the most performance-focused version in the lineup, with adaptive damping suspension and upgraded brakes that make it feel more sure-footed and secure.

Lexus Safety System+ 3.0 is standard across the lineup, so you do not need to move up a trim just to get the core driver-assistance package.

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

This looks like a moderate, selective buyer’s market, so you can shop carefully and still find worthwhile listings.

• Deal availability: 34.3% of listings are priced as good or great deals.
• Inventory: There are 216 listings available.
• Price trend: Prices have softened 9.61% compared with last year.

If you find a listing below $49,567 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2023 Lexus RX's resale value?

The current average of $49,718 CAD sits slightly below last year's $55,004 CAD.

That softer pricing can work in your favour as a buyer now, but it also means a future seller may face a more competitive market. If prices stabilise, today’s lower entry point could help support demand from shoppers looking for a used luxury SUV with a strong reputation.

The RX’s combination of refinement, safety, and brand loyalty should help it remain appealing over time. Even so, resale value will depend on how well-equipped and well-kept your specific vehicle is.

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

Is the 2023 Lexus RX safe?

The 2023 RX earns an 8/10 safety score from our experts.

Every 2023 RX also gets Lexus Safety System+ 3.0 (LSS+ 3.0), a robust collection of advanced driving assistance systems (ADAS). It contains lane departure warning, automatic high beams, blind spot monitoring, rear cross-traffic alert, motorcycle detection, evasive steering assistance, intersection turn assistance with front cross-traffic alert, and curve speed reduction with adaptive cruise control.

The system is impressive, but not flawless. In models equipped with a head-up display, some adaptive cruise and front cross-traffic information is shown there, which can be awkward if you wear polarized sunglasses. The curve-speed reduction function is also not especially predictive.

Should I buy a 2023 Lexus RX 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:

• 34.3% of listings are priced as good or great deals.
• Price trend: Prices have softened 9.61% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.
• The redesigned RX brings meaningful updates while keeping the familiar comfort, refinement, and safety focus.

Consider the 2022 if:

• At $43,986 CAD, the 2022 costs less than the current year's $49,718 CAD average.
• It is a carryover model with minimal changes and a comfort-focused character.

Consider the 2024 if:

• At $54,362 CAD, the 2024 costs more than the current year's $49,718 CAD average.
• It leans further into comfort, luxury, and fuel efficiency.

The bottom line: If you want the newest redesign and a strong mix of comfort, technology, and safety, the 2023 is the right path. If price matters most, the 2022 is the better value play.

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

Expert Pros & Cons (per CarGurus review team)

2023 Lexus RX:

• Pros: Comfortable, Premium interior materials, Impressive technology.
• Cons: Woozy ride on imperfect pavement with standard suspension, 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 7.2/10 and the 2023 Toyota Venza 6.3/10. The RX is the more premium and more technologically advanced choice, while the Venza leans harder into fuel efficiency. Both have limited cargo space, but the RX brings a stronger luxury feel and a more powerful engine. The Venza is the more efficiency-focused option if that matters more than performance.

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