Price for Lexus RX
Lexus RX Vehicles have experienced a considerable decrease in their selling price recently. This model has gone through a strong reduction in its selling price.
The selling price for Lexus RX cars has had a strong depreciation during the last 6 months we have studied. The average price in October was of $59,234. This price hardly went through any changes and remained at $60,115 during November. The following two months the selling price went through a strong reduction of -32 % compared to the previous two months studied. During the last couple of months, the average price has hardly changed, remaining the same going from $50,172.5 to $47,876.5 during February and March.
The average price for Lexus RX has had a strong rise in recent years. Between 2003 and 2019, the average price is $33,409.25. There was a significant inflation of the average price in 2003 ($13,646) moving up till ($62,454)in 2019. During the next two years (2020, 2021) the price for the aforementioned model has gone up strongly a 135 %. During the last two years, prices in the car industry have gone through a strong rise of 16 % compared to the average values for the previous 4 years. This was taken from studying the prices for the the preceding four years in previous sample ($93,704.75) and the the last two years that have been analyzed (2022, 2023) with a price of $108,963.
The graph that displays the price for Lexus RX cars according to their mileage shows that those cars within a mileage range of "more than 200,000" are the ones with the lowest price. They are 80 % more affordable than the average price ($50,058). Next with a price of $28,992 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 93% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of $90,537.
The graph showing the average price for the fuel type for Lexus RX cars points out to "Electric" as being the cheapest fuel type. It is 20 % less expensive than the average market price ($50,058) followed by "Petrol" priced at $49,019. On average the most expensive type of fuel is "Gasoline". It´s price is 16 % higher than the average market price followed by "Petrol" which costs $49,019.
The graph displaying the average price for vehicles with doors shows that Lexus RX automobiles with the cheapest price have 4 doors. They are 57 % cheaper than the average price for this model priced at $21,337. Cars with the the highest price have 5 doors and are 36 % more expensive than the average mentioned before.
