Does Lexus have a high resale value?
2 Answers
Lexus has a relatively high resale value, with many of its models consistently ranking at the top in terms of resale value. Lexus resale value: Resale value is one of the key factors many people consider when purchasing a car. According to the '2020 China Automotive Resale Value Research Report' jointly released by the China Automobile Dealers Association and Jingzhengu, Japanese brands maintain strong resale values, with Lexus leading at 78.55% among Japanese brands. In the segment of mid-to-large-sized cars with 1-5 years of age, the Lexus ES topped the list with a one-year resale value of 96.93% and a five-year resale value of 63.56%. Reasons for Lexus's high resale value: Lexus has extremely stringent control standards, meticulously selecting production materials and components. From vehicle design and development to production, including painting and assembly processes, and even production line workers, Lexus maintains exceptionally high standards. To ensure worry-free ownership for Chinese users, Lexus offers a 4-year or 100,000-kilometer free warranty and maintenance service for gasoline models and a 6-year or 150,000-kilometer free warranty and maintenance service for hybrid models. In case of emergencies, Lexus provides immediate and necessary rescue services. Since 2012, Lexus has offered special care to consumers affected by extreme weather or natural disasters. The upgraded Lexus Certified Pre-Owned program further extends the product's value, ensuring users have no worries whether they choose a new or used Lexus. Over time, Lexus has been shaping a service guarantee and warmth tailored specifically for the Chinese market.
When I bought my car before, I specifically checked the data, and Lexus indeed has a high resale value, especially standing out among luxury brands. For example, the ES series I chose is still worth over 60% of its original price after three years, mainly thanks to the brand's reliability and low failure rate. After all, it shares Toyota's technical foundation, making it worry-free and cost-effective for daily use. It's also in high demand in the used car market because with complete maintenance records, it's easy to sell at a good price. This is very important for working professionals like me—buying a car is already a significant investment, and a high resale value means no loss when upgrading in the future, reducing financial pressure. Additionally, the brand's strong reputation means more buyers, balancing supply and demand and driving up prices. However, it's worth noting that resale value varies greatly between models like the RX and NX, with SUVs typically performing better. Regular maintenance helps preserve value, avoiding major repair records.
