Residual Value on a 2018 RX 350 with Navigation , $53 XXX MSRP

OCSunshineOCSunshine Member Posts: 2
edited August 2019 in Lexus
Looking to get the residual value for 2018 RX350 and also how often the car value is depreciated..? Monthly or yearly..?

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  • kyfdxkyfdx Moderator Posts: 268,111

    Looking to get the residual value for 2018 RX350 and also how often the car value is depreciated..? Monthly or yearly..?

    No lease programs on the 2018 models

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  • OCSunshineOCSunshine Member Posts: 2
    I already have the vehicle , just trying to find out the residual value on the 2018 RX350 premium model. Thank You
  • kyfdxkyfdx Moderator Posts: 268,111

    I already have the vehicle , just trying to find out the residual value on the 2018 RX350 premium model. Thank You

    Are you in a lease? Or, do you own it?

    If you have a lease, you can call Lexus Finance for the current payoff.
    Lease depreciation occurs monthly, with each payment.

    If you own it, and want to know what it's worth on a trade, then post here:
    https://forums.edmunds.com/discussion/1212/general/x/real-world-trade-in-values#latest
    All vehicles tend to depreciate monthly, in the real world.

    I don't have historical info about leases from 2018 models, but the depreciation amount should be listed on the lease contract (if you have a lease). Divide by the term for monthly depreciation.

    If none of those answers fit your situation, I'm sorry.

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