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How much does the Lexus RX cost in today's market?
Used Lexus RX prices span a wide range depending on model year. Here's what the market looks like right now:
| Model Year | Current Avg. Price | Year-Round Range |
|---|---|---|
| 2025 | $59,368 CAD | $59,347 CAD – $68,257 CAD |
| 2024 | $53,811 CAD | $53,808 CAD – $62,562 CAD |
| 2023 | $49,638 CAD | $49,572 CAD – $55,153 CAD |
| 2022 | $44,017 CAD | $43,758 CAD – $46,321 CAD |
| 2021 | $43,430 CAD | $40,694 CAD – $44,815 CAD |
| 2020 | $38,122 CAD | $38,122 CAD – $42,672 CAD |
| 2019 | $34,017 CAD | $33,733 CAD – $38,737 CAD |
| 2018 | $31,489 CAD | $31,489 CAD – $35,500 CAD |
| 2017 | $28,991 CAD | $28,954 CAD – $32,398 CAD |
| 2016 | $26,496 CAD | $26,496 CAD – $30,325 CAD |
| 2015 | $22,341 CAD | $21,019 CAD – $22,561 CAD |
| 2014 | $18,060 CAD | $17,912 CAD – $20,760 CAD |
The Lexus RX's current nationwide average price is $42,772 CAD, and its nationwide average price reached a low of $39,645 CAD over the past year. Recently, prices have come down for the 2023, 2024, and 2025 models, making now a good time to shop recent model years.
Is the Lexus RX a good car?
Yes — the Lexus RX is a strong used luxury SUV choice if you value comfort, refinement, and a calm driving experience. The all-generations owner rating is 4.7/5 across every model year in the data.
Owners consistently praise the RX for its comfortable ride, quiet cabin, and upscale interior feel. Reliability and long-term dependability also come up often, along with strong value retention and a polished everyday driving experience.
Expert reviews rate the 2020 and 2022 models among the highest across all years.
The main trade-offs across recent expert-tested years centre on performance that feels modest for the class, styling that can divide opinion, and some infotainment or interior-material details that are less convincing than the rest of the package. 30.2% of listings are priced as good or great deals.
Are Lexus RX models reliable?
Owners consistently describe the Lexus RX as comfortable, refined, and dependable, with strong praise for its smooth ride and upscale cabin. Expert commentary also repeatedly points to the RX’s long-standing focus on comfort, refinement, and durability.
- Owners rate the Lexus RX between 4.3 and 5 out of 5 stars across all model years in the data.
For used buyers, the RX’s long-term ownership risk looks manageable, especially if you choose a well-maintained example with a clear service history.
What should I look for when buying a used Lexus RX?
Key things to evaluate:
- Safety package: Lexus Safety System+ 3.0
- Infotainment: 9.8-inch touchscreen in lower-priced configurations and a much larger 14-inch display for higher-end models, with wireless Apple CarPlay and Android Auto
- Fuel efficiency: The RX 350h hybrid is rated at 6.5 L/100 km combined, the RX 500h at 8.6 L/100 km combined, the RX 350 at 9.9 litres per 100 kilometres combined city and highway driving, and the RX 450h+ at 2.8 litres-equivalent per 100 kilometers combined with 60 kilometres of electric-only range
Which Lexus RX trim should I buy?
The 2024 Lexus RX offers these trims:
- RX 350: The base model uses a turbocharged 2.4-litre four-cylinder engine with 275 horsepower and 317 pound-feet of torque, plus an eight-speed automatic transmission and standard AWD. It suits you if you want the entry point into the RX lineup with the core comfort-and-refinement formula.
- RX 350h: This hybrid adds a 2.5-litre four-cylinder hybrid setup with 246 hp and 233 lb-ft of torque, plus a CVT and strong fuel economy. It stands out as the best-value trim for many buyers who want efficiency and everyday luxury.
- RX 500h F Sport Performance: This performance-focused trim adds a turbo 2.4-litre inline-four hybrid powertrain with 366 hp and 406 lb-ft of torque, plus a six-speed automatic transmission. It suits you if you want the most powerful RX in the lineup.
- RX 450h+: This plug-in hybrid adds an 18.1-kWh battery pack, 304 hp, and up to 60 kilometres of electric-only range. It suits you if you can charge regularly and want the most electrified RX experience.
What Lexus RX do most buyers choose?
The Lexus RX years with the most listings are 2025, 2023, and 2024.
| Model Year | Total Listings | Good + Great Deals % |
|---|---|---|
| 2025 | 239 | 30.5% |
| 2023 | 221 | 26.7% |
| 2024 | 213 | 27.2% |
| 2022 | 136 | 27.9% |
| 2026 | 126 | 31.7% |
| 2018 | 112 | 34.8% |
These higher-volume years tend to be the easiest places to shop because you get more inventory to compare and more chances to find the right colour, trim, and price. They also usually reflect the most in-demand versions of the RX, which helps explain why they show up so often on the used market.
What is the Lexus RX's resale value?
| Model Year | Current Avg. Price | Year-Over-Year Change |
|---|---|---|
| 2024 | $53,811 CAD | −13.31% |
| 2025 | $59,368 CAD | −12.94% |
| 2014 | $18,060 CAD | −12.92% |
| 2016 | $26,496 CAD | −12.19% |
| 2023 | $49,638 CAD | −10.0% |
| 2019 | $34,017 CAD | −8.78% |
| 2020 | $38,122 CAD | −7.44% |
| 2018 | $31,489 CAD | −7.34% |
| 2017 | $28,991 CAD | −5.35% |
| 2022 | $44,017 CAD | −2.71% |
| 2015 | $22,341 CAD | −0.79% |
| 2021 | $43,430 CAD | +1.37% |
Most RX model years are down year over year, which creates better opportunities for used buyers. The biggest drops are concentrated in newer and mid-cycle examples, while a few older years are moving much less and one year is slightly higher than it was a year ago.
The 2015 model year is holding steady, with prices close to flat year-over-year.
The 2021, 2015, and 2022 model years have held their value best, with the smallest year-over-year price changes.
Is the Lexus RX safe?
- 2024: 7/10
- 2023: 8/10
- 2022: 8/10
- 2020: 8/10
All RX models come standard with the Lexus Safety System+ 3.0 suite of advanced safety and driver-assistance features.
For the safest used buy, the 2020, 2022 and 2023 models all post the highest confirmed score of 8/10.
Should I buy a used Lexus RX now or wait for the next model?
Buy now if:
- Price trend: The 2025 model is at −12.94% versus a year ago, and the 2024 model is at −13.31%.
- Deal availability: The 2025 model has 30.5% good and great deals, and the 2024 model has 27.2%.
- Sweet-spot year: The 2025 model has the most listings at a current average price of $59,368 CAD. The Lexus RX offers a calm, refined cabin and a comfortable everyday driving experience that have long defined the model.
Consider waiting if:
- Powertrain/efficiency: The 2024 Lexus RX is offered in four distinct models, starting with the base RX 350. It's powered by a turbocharged 2.4-litre four-cylinder engine that produces 275 horsepower and 317 pound-feet of torque. The RX 450h+ adds a much larger 18.1-kWh battery pack, 304 hp, and up to 60 kilometres on electric power with a full charge.
- Tech: The new infotainment system is much more conventional, with a touchscreen that measures 9.8 inches in lower-priced configurations and a much larger 14-inch display for higher-end models, and it is bolstered by sharp graphics and quick responses.
- Safety: All RX models come standard with the Lexus Safety System+ 3.0 suite of advanced safety and driver-assistance features, and available features include a head-up display, digital rearview mirror, a surround-view camera system, a semi-automated parking system, and a highway driving assist system that combines adaptive cruise and lane centring.
- Starting price: Pricing for the 2024 Lexus RX start at $63,190 CAD for the base RX 350.
If you're buying used today, the 2025 model year offers the best mix of value and availability. If you want the latest tech and features, it may be worth waiting for the next model year's inventory to build up.
How does the 2020 Lexus RX compare to the 2021 Toyota Venza?
Our experts score the 2020 Lexus RX 8.2/10 and the 2021 Toyota Venza 8.3/10. The RX brings a more traditional luxury-SUV feel, while the Venza leans into hybrid efficiency and a lower starting price. The RX also offers more listings and a higher average used price, while the Venza delivers stronger fuel economy figures.
| Spec | 2020 Lexus RX | 2021 Toyota Venza |
|---|---|---|
| Starting MSRP | $44,150 CAD | $32,670 CAD |
| Engine | 3.5L 295 hp V6 | 2.5L 219 hp I4 Hybrid |
| MPG/MPGe (city) | 20 | 40 |
| MPG/MPGe (highway) | 27 | 37 |
| Average used price | $38,122 CAD | $32,597 CAD |
| Listings available | 91 | 58 |
| Good & great deal share | 40.7% | 39.7% |
These recommendations are based on CarGurus' proprietary market data from November 3, 2026, CarGurus experts' opinions, and generative AI.
4.7 Overall rating
Customers say
The Lexus RX has earned high praise from owners throughout its various model years for its luxury, comfort, and reliability. Many drivers appreciate the upscale interior, smooth rides, and a solid array of features that enhance the driving experience. However, some have expressed concerns regarding performance, such as limited pick-up power and fuel economy, as well as outdated technology in older models. Overall, the RX remains a well-regarded choice for those seeking a comfortable and reliable luxury SUV.
AI generated from the text of customer reviews.
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What people say
Anonymous
Reviewed a 2024 Lexus RX on Aug 9, 2024
Was not expecting to buy this car. Had pretty well made up my mind on another brand in the same class .Had bought that brand before. A test drive of the RX done out of curiosity before finalizing the other purchase ,coupled with a detailed comparison unexpectedly changed my mind and I never went back to the other brand. Love this car. The style, the performance ,the price and the safety features does it all for me.
Lexus RX Trims
| Trim type | MSRP |
|---|---|
| 2026 350 F SPORT Black Line AWD | -- |
| 2026 350 F SPORT 2 AWD | -- |
| 2026 350 Executive AWD | -- |
| 2026 350 Ultra Luxury AWD | -- |
| 2026 350 Luxury AWD | $63,545 |
| 2026 350 Premium AWD | $55,000 |
| 2026 350 AWD | $52,825 |
| 2026 350 F SPORT 3 AWD | -- |
Lexus RX Price Trends
CarGurus tracks the prices of millions of car listings every year. See how the average price of prices has changed over time.
See more price trendsLexus RX Pricing Analysis
Pricing Analysis by Model Year
Key Insights
- New-Car Premium: The 2026 model is priced at $70,412 CAD, reflecting a 37.5% premium over its starting MSRP of $51,225 CAD.
- Steepest Depreciation: The 2016 model exhibits the steepest depreciation at -35.7%, indicating significant value loss over time.
- Years Priced Above Starting MSRP: The 2026, 2025, 2024, and 2023 models are all priced above their starting MSRPs, suggesting strong demand for newer models.
Model Year Pricing
| Model Year | Starting MSRP | Avg Price | Avg Price vs Starting MSRP |
|---|---|---|---|
| 2026 | $51,225 CAD | $70,412 CAD | +37.5% |
| 2025 | $48,975 CAD | $61,243 CAD | +25.0% |
| 2024 | $48,600 CAD | $53,688 CAD | +10.5% |
| 2023 | $47,800 CAD | $49,292 CAD | +3.1% |
| 2022 | $45,920 CAD | $44,002 CAD | -4.2% |
| 2021 | $45,220 CAD | $41,760 CAD | -7.7% |
| 2020 | $44,150 CAD | $38,254 CAD | -13.4% |
| 2019 | $43,820 CAD | $34,051 CAD | -22.3% |
| 2018 | $43,470 CAD | $30,890 CAD | -28.9% |
| 2017 | $43,220 CAD | $28,802 CAD | -33.4% |
| 2016 | $41,900 CAD | $26,936 CAD | -35.7% |
Pricing by Popular Canadian Cities
Market Area: Nationwide
Key Insights
- Highest-Price Market: Edmonton, AB has the highest average price at $57,767 CAD, indicating a premium market for the Lexus RX.
- Best Value: Quebec, QC offers the lowest average price at $30,019 CAD, presenting a significant opportunity for budget-conscious shoppers.
- Inventory Drives Stability: Toronto, ON leads with 219 listings, suggesting a stable market presence and diverse options for buyers.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Toronto, ON | 219 | $34,907 CAD |
| Edmonton, AB | 93 | $57,767 CAD |
| Vancouver, BC | 76 | $38,088 CAD |
| Montreal, QC | 74 | $44,527 CAD |
| Calgary, AB | 71 | $43,378 CAD |
| Ottawa, ON | 27 | $36,241 CAD |
| London, ON | 21 | $31,327 CAD |
| Winnipeg, MB | 16 | $39,973 CAD |
| Quebec, QC | 11 | $30,019 CAD |
| Halifax, NS | 2 | $43,995 CAD |
Pricing by Trim Packages
Key Insights
- Volume Leader: The 350 AWD trim is the most popular with 337 listings, indicating strong consumer preference.
- Premium Spread: The 350 Luxury AWD trim is priced at $63,545 CAD, showcasing a $10,720 CAD premium over the base 350 AWD trim.
- Drivetrain Effect: All trims feature an AWD drivetrain, which may contribute to their popularity in regions with diverse weather conditions.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| 350 AWD | 337 | $52,825 CAD | AWD | 2.4L 275 hp I4 |
| 350 Premium AWD | 86 | $55,000 CAD | AWD | 2.4L 275 hp I4 |
| 350 Luxury AWD | 36 | $63,545 CAD | AWD | 2.4L 275 hp I4 |
| 350 F SPORT Handling AWD | 6 | $60,000 CAD | AWD | 2.4L 275 hp I4 |
These recommendations are based on CarGurus' proprietary market data from November 3, 2026, CarGurus experts' opinions, and generative AI.
Lexus RX test drive
overall
The Lexus RX stands out for its luxury, comfort, and fuel efficiency.
The Lexus RX crossover SUV sticks to its core strengths by delivering an abundance of comfort and luxury while returning impressive fuel economy figures. While it may not be as exciting to drive as its rivals and its styling leaves some puzzled, it's a solid pick for those looking to reduce their carbon footprint.
Verdict: The RX comes up short on performance and driver engagement, but should appeal to those who prioritize comfort and refinement.
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