Depreciation
The depreciation graph and accompanying table on our page detail how the 2014 LEXUS RX's price has changed annually.
For instance, while the car initially depreciated slightly in its first year, subsequent years show a significant decrease, reflecting market trends and vehicle condition over time.
Such precise data is crucial for understanding how age and market dynamics impact car values.
The average price for new (MSRP) 2014 LEXUS RX in 2014 was $54,495.
The average price for used 2014 LEXUS RX nowadays in 2024 is $17,982 which is 33% from the original price.
Estimated mileage driven per year is 10,307 miles.
The graph below is a depreciation curve for 2014 LEXUS RX. It shows how much this model looses per year in price. This analytics is calculated using sales records from BADVIN database.
The table below shows average price for used 2014 LEXUS RX in each year since the year of manufacturing, current year price and projected price in the future years.
You can scroll the table horizontally to see all columns.
| Year | Average Mileage | Average Price | % Left | % Lost | ||
|---|---|---|---|---|---|---|
| 2014 MSRP | 0 mi | $54,495 | — | — | 100% | 0% |
| 2014 | 10,307 mi | $60,392 | −$5,897 | −10.82% | 110.82% | -10.82% |
| 2015 | 20,614 mi | $54,115 | +$6,277 | +10.39% | 99.3% | 0.7% |
| 2016 | 30,921 mi | $45,999 | +$8,116 | +15% | 84.41% | 15.59% |
| 2017 | 41,228 mi | $40,994 | +$5,005 | +10.88% | 75.23% | 24.77% |
| 2018 | 51,535 mi | $36,400 | +$4,594 | +11.21% | 66.8% | 33.2% |
| 2019 | 61,842 mi | $33,409 | +$2,991 | +8.22% | 61.31% | 38.69% |
| 2020 | 72,149 mi | $31,646 | +$1,763 | +5.28% | 58.07% | 41.93% |
| 2021 | 82,456 mi | $26,999 | +$4,647 | +14.68% | 49.54% | 50.46% |
| 2022 | 92,763 mi | $24,500 | +$2,499 | +9.26% | 44.96% | 55.04% |
| 2023 | 103,070 mi | $19,393 | +$5,107 | +20.84% | 35.59% | 64.41% |
| 2024 | 113,377 mi | $17,982 | +$1,411 | +7.28% | 33% | 67% |
| 2025 | 123,684 mi | $16,778 | +$1,204 | +6.7% | 30.79% | 69.21% |
| 2026 | 133,991 mi | $14,991 | +$1,787 | +10.65% | 27.51% | 72.49% |
| 2027 | 144,298 mi | $13,795 | +$1,196 | +7.98% | 25.31% | 74.69% |
| 2028 | 154,605 mi | $12,118 | +$1,677 | +12.16% | 22.24% | 77.76% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the LEXUS RX’s price.
With data showing detailed price points at various mileage milestones, this section helps in identifying trends and making informed decisions.
For instance, price drops at higher mileages compared to lower mileages provides insights into potential maintenance or value thresholds.
This block is particularly useful for buyers and sellers aiming to gauge the best value proposition based on vehicle mileage.
The graph below shows how mileage affects the price for 2014 LEXUS RX. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2014 LEXUS RX by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 20,000 mi | $27,499 | 23 sales |
| 25,000 mi | $28,494 | 56 sales |
| 30,000 mi | $27,890 | 64 sales |
| 35,000 mi | $26,485 | 80 sales |
| 40,000 mi | $25,973 | 170 sales |
| 45,000 mi | $24,930 | 165 sales |
| 50,000 mi | $23,936 | 158 sales |
| 55,000 mi | $23,987 | 249 sales |
| 60,000 mi | $23,602 | 290 sales |
| 65,000 mi | $22,950 | 323 sales |
| 70,000 mi | $22,735 | 434 sales |
| 75,000 mi | $21,989 | 286 sales |
| 80,000 mi | $21,916 | 329 sales |
| 85,000 mi | $21,499 | 344 sales |
| 90,000 mi | $20,998 | 340 sales |
| 95,000 mi | $19,991 | 321 sales |
| 100,000 mi | $19,980 | 228 sales |
| 105,000 mi | $19,988 | 192 sales |
| 110,000 mi | $18,995 | 183 sales |
| 115,000 mi | $18,999 | 140 sales |
| 120,000 mi | $18,975 | 133 sales |
| 125,000 mi | $17,995 | 90 sales |
| 130,000 mi | $17,999 | 89 sales |
| 135,000 mi | $17,495 | 57 sales |
| 140,000 mi | $16,999 | 49 sales |
| 145,000 mi | $17,035 | 54 sales |
| 150,000 mi | $16,950 | 49 sales |
| 155,000 mi | $16,170 | 14 sales |
| 160,000 mi | $15,650 | 21 sales |
| 165,000 mi | $15,864 | 12 sales |
| 175,000 mi | $14,500 | 15 sales |
Frequently asked questions
The depreciation rate can be influenced by factors such as the vehicle's condition, mileage, market demand, and the pace of technological advancements in newer models.
Buying a used car can be a great value, especially if the vehicle is part of a Certified Pre-Owned program and has been well-maintained and lightly used.
The best time of year to sell your car to minimize depreciation might be just before the release of a new model, when demand for used models could be higher.
Technology plays a significant role in the depreciation of vehicles, as models with outdated tech depreciate faster due to lower consumer demand for older features.
To maximize value, consider buying a vehicle that is a few years old, as it has already undergone significant depreciation but likely remains reliable.
The exterior and interior condition of vehicles significantly affects their depreciation, as well-maintained vehicles generally retain more value.
Depreciation directly affects the resale value of a 2014 LEXUS RX, with faster depreciating vehicles typically having lower resale values over time.
The economic climate can significantly affect the depreciation of vehicles, with higher demand and better economic conditions typically slowing depreciation rates.
The average depreciation rate for vehicles over five years can vary, but many models experience a significant portion of their depreciation within the first few years of ownership.
Mileage is considered a major factor in the depreciation of vehicles because it directly correlates with the amount of use and potential wear and tear the vehicle has undergone.
Other years of LEXUS RX
2003 LEXUS RX
$5,900 average used price
740+ sales records
2006 LEXUS RX
$7,993 average used price
3,200+ sales records
2009 LEXUS RX
$9,990 average used price
4,700+ sales records
2010 LEXUS RX
$12,118 average used price
13,200+ sales records
2018 LEXUS RX
$31,646 average used price
19,800+ sales records
2022 LEXUS RX
$45,999 average used price
1,200+ sales records
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