Are used Lexus worth buying?
If you are in the market for a used luxury car, a Lexus is an excellent choice. Lexus has earned a solid reputation for producing high-quality, reliable, and durable vehicles. Buying a used Lexus affords you opulence and performance at a lower price. Lexus Maintenance Costs Lexus models average around $7,110 for maintenance and repair costs during their first 10 years of service. This beats the industry average for luxury brands by $4,842. There is also a 18. Lexus will require a major repair during that time.The agency estimates that the average Lexus costs about $551 per year to maintain, compared to the national average of $652. By comparison, the average BMW costs around $968 to maintain per year, while the average Mercedes-Benz costs $908.Expensive Repairs and Maintenance Lexus cars are known for reliability, but when something does go wrong, fixing it can be pricey. Parts and labor often cost more than non-luxury brands. Routine maintenance, like oil changes and brake replacements, also tends to be more expensive.Industry-Leading Reliability Both brands excel in reliability, but Lexus often leads the industry: Top Reliability Rankings: Lexus ranked highest among all brands in the 2024 J. D.Industry experts, consumer surveys, and independent mechanics generally agree: Lexus parts are less expensive than those of many luxury rivals.
Is it cheaper to maintain a Lexus or BMW?
Is Lexus cheaper to maintain than BMW? Yes – generally, Lexus vehicles are more affordable to maintain than BMW models. Lexus is not only a luxury choice; it is also a choice for people who understand the long-term value of luxury. Discerning luxury car buyers choose Lexus for the sense of opulence, and a spirited smooth drive, that comes from our core values of Omotenashi and monozukuri.Generally, Lexus maintenance is considered to be more affordable than many of its competitors, such as BMW, Mercedes-Benz, and Audi. Various studies indicate that Lexus owners typically spend less on maintenance and repairs over the lifespan of their vehicles.Lexus is known for creating luxury vehicles with effortless and timeless styles that stand out on the road, perform well, and tend to be reliable and long-lasting. Lexus cars are just as attractive on the inside as on the outside.Lexus vehicles are built to last and are known for their strong resale value. In fact, many used Lexus models on Atlanta roads have well over 150,000 miles and still run like new. Buying a certified pre-owned Lexus means you’re not just getting a luxury vehicle, you’re getting long-term peace of mind.
Is Lexus more expensive to repair?
One question that often arises is, how expensive is Lexus maintenance compared to other luxury brands? Generally, Lexus maintenance is considered to be more affordable than many of its competitors, such as BMW, Mercedes-Benz, and Audi. Lexus ranks highest overall in vehicle dependability for a third consecutive year, with a score of 140 PP100.Lexus stands at the top of the competition in terms of dependability with a score of 135 PP100. This is a full 55 problems per 100 vehicles lower than the industry average of 190 PP 100 Compared to the BMW score of 190 PP100, exactly average. Lexus is the clear winner in terms of dependability.Consumer Reports speaks highly of both brands. However, Lexus is top ranked of all brands in the 2023 JD Power Vehicle Dependability Study. Kelley Blue Book has awarded Lexus with the 2022 Most Trusted Luxury Brand and 2023 Best Luxury Brand for resale values.Long-lasting Performance Many Lexus models are designed to endure the test of time, with owners reporting minimal issues even after years of use. This longevity is a significant factor for those looking to make an investment in a vehicle that will serve them well for years to come.Lexus remains an outstanding choice when it comes to dependability with a score of 135 PP100. This is a full 55 problems per 100 vehicles lower than the industry average of 190 PP100. Compared to the Mercedes-Benz score of 218 PP100, Lexus is the clear winner in terms of dependability.
Does Lexus have good second hand value?
Short answer: Yes — on average Lexus models retain value better than many European luxury brands and are competitive with or ahead of mainstream luxury rivals, but resale performance varies by model, age, region and market conditions. Lexus buyers are old—57. According to new report from S&P Global Mobility using data from October 2024 to January 2025, the average luxury buyer is 54 years old.
How much does it cost to own a Lexus?
On average, it will cost $61,379 to own a Lexus for 5 years. This includes depreciation, insurance, maintenance, financing charges and fuel costs. Depreciation, or the value that the car has lost over time, is generally predictable. The agency estimates that the average Lexus costs about $551 per year to maintain, compared to the national average of $652. By comparison, the average BMW costs around $968 to maintain per year, while the average Mercedes-Benz costs $908.You’ll Enjoy Lower Monthly Payments Since you’re mainly paying toward the vehicle’s depreciation value, the amount that you need to pay throughout the lease is lower than the full price of your desired Lexus. The result is often significantly lower monthly payments.It is not quite as cheap to maintain a Lexus as it is to keep a Toyota, but it’s pretty close. Maintenance and repairs are pretty inexpensive for Lexus because it is Toyota’s luxury subsidiary. Lexus owners pay roughly $551 on maintenance and repairs each year; however, expenses rise as vehicles get older.
What is better, a Lexus or BMW?
Lexus stands at the top of the competition in terms of dependability with a score of 135 PP100. This is a full 55 problems per 100 vehicles lower than the industry average of 190 PP 100 Compared to the BMW score of 190 PP100, exactly average. Lexus is the clear winner in terms of dependability. Among Lexus vehicles, some models depreciate slower than others, offering exceptional value retention: The 2023 Lexus lineup shows an average retention of 69% of original value after two years, with models like the RX 350, GS 350, ES 350, and LX 570 consistently ranking in the top 10 for luxury vehicle resale.Over the years, Lexus vehicles have been engineered with meticulous attention to detail, employing high-quality materials and innovative technologies. Consequently, many Lexus models have garnered accolades for their long-lasting performance, making them a wise investment for those who prioritize reliability.In fact, Lexus ranked as the #1 brand in J. D. Power’s 2023 U. S. Vehicle Dependability Study, while BMW ranked far lower at #15. And this isn’t just a one-off occurrence — this is the Lexus brand’s tenth time in 12 years ranking as the number one most dependable brand according to J. D. Power’s study.The five-seat RX SUV continues to be the number-one most popular Lexus model according to recent sales data. Hybrid variants, competitive pricing, advanced standard features, and more make the RX the most popular Lexus model.