For the same model year, dealers ask 11 points more than private sellers; a salvage title knocks off about 11%; DC is the cheapest state at -10% and OR the priciest at +34%; a rear-wheel drive LS asks +12% against the median of its model year.
Lexus LS price by model year
| Year | Typical price | Spread | Listings |
|---|---|---|---|
| 2024 | — | 9 | |
| 2018 | — | 5 | |
| 2017 | — | 6 | |
| 2016 | — | 6 | |
| 2015 | — | 11 | |
| 2014 | — | 6 | |
| 2013 | — | 7 | |
| 2012 | — | 8 | |
| 2011 | — | 7 | |
| 2010 | — | 10 | |
| 2009 | — | 21 | |
| 2008 | — | 15 | |
| 2007 | — | 18 | |
| 2005 | — | 13 | |
| 2004 | — | 10 | |
| 2003 | — | 5 | |
| 2001 | — | 8 | |
| 1999 | — | 15 | |
| 1998 | — | 5 | |
| 1993 | — | 5 |
Dealer or private seller
On the Lexus LS the dealer markup works out at 11% over a private sale of the same year.
| Seller | Listings | vs median year | Average asked |
|---|---|---|---|
| Private seller | 290 | +4.5% | $9,446 |
| Dealer | 231 | +15.8% | $14,227 |
What a branded title costs
| Title | Listings | vs median year | Average asked |
|---|---|---|---|
| Clean title | 455 | +11.4% | $11,645 |
| Rebuilt | 22 | -11.9% | $13,556 |
| Salvage | 21 | -10.6% | $9,185 |
Branded titles are harder to insure, finance and resell, so check the exact car first: run its VIN against the records.
How fast price falls with mileage
Measured on the 2007 LS, the model year with the most listings, so age does not mix in. Between the 100–125k and 150–175k bands the asking price falls 26%.
| Mileage | Price drop | Listings |
|---|---|---|
| 100–125k miles | 15 | |
| 150–175k miles | 10 |
Which options hold value
The single biggest swing on a Lexus LS is drivetrain: RWD asks +12% against the median of its own model year.
| Item | Option | Listings | vs median year |
|---|---|---|---|
| Drivetrain | Rear-wheel drive | 260 | +12.3% |
| Drivetrain | Four-wheel drive | 70 | +3.6% |
Where it's cheaper
States where the Lexus LS asks least and most, measured against the national median for each model year. Most expensive is OR at +34%, cheapest DC at -10% — 44 points apart, which on a $9,000 car is roughly $3,942.
| State | Listings | vs national median |
|---|---|---|
| DC | 15 | |
| NC | 17 | |
| GA | 20 | |
| FL | 45 | |
| CO | 18 | |
| WA | 28 | |
| AZ | 21 | |
| OH | 15 | |
| HI | 14 | |
| OR | 41 |
Asking prices are the market. What is that car worth?
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Frequently asked questions
How much does a used Lexus LS cost?
The median asking price is $9,000 across 612 live listings. A 1993 asks about $3,900 and a 2024 about $86,990. The most listed year is 2009, at $9,250.
Is it cheaper to buy a LS from a private seller?
Yes. Against the median for the same model year, dealers ask 15.8% above and private sellers 4.5% above, a gap of about $2,814 on a 2015 at $24,900.
How much value does a LS lose per 25,000 miles?
About 14% of the asking price for every 25,000 miles on the 2007 LS, measured from the 100–125k band to the 150–175k band. To price one car by its year and mileage, use the Lexus LS valuation tool.
How much less is a salvage-title LS worth?
A salvage-title LS asks 11% less than the median for its model year (21 listings): about $2,639 off a 2015 at $24,900.
Where is the cheapest place to buy a LS?
Of the states with enough listings, DC asks least at -9.7% against the national median, and OR most at +34.1%. On the typical $9,000 LS that spread is about $3,942.
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