Price for Lexus
Lexus Vehicles have had a price that has remained pretty much the same during the last months. The prices for this particular model have remained constant recently.
The selling prices for Lexus cars have remained constant in the last 6 months. The average price in October was of $96,312. This price hardly went through any changes and remained at $96,423 during November. The average selling price has remained fairly constant during the following two months, going from $96,367.5 to $95,400. During the last couple of months, the average price has hardly changed, remaining the same going from $95,883.75 to $95,637 during February and March.
The average price for Lexus has had a strong rise in recent years. Between 2002 and 2019, the average price is $30,729.47. There was a significant inflation of the average price in 2002 ($13,157) moving up till ($83,108)in 2019. During the next two years (2020, 2021) the price for the aforementioned model has gone up strongly a 236 %. During the last two years, prices in the car industry have experienced a depreciation of -7 % compared to the average prices for the previous 4 years. This has been obtained from prices from the the previous four years in a previous sample ($96,686.75) and the the last two years analyzed (2022, 2023) with a price of $90,085.5.
The graph that displays the price for Lexus 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 87 % more affordable than the average price ($95,447). Next with a price of $28,222 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 8% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at $75,767.
The graph showing the average price for the fuel type for Lexus cars points out to "Hybrid" as being the cheapest fuel type. It is 45 % less expensive than the average market price ($95,447) followed by "Electric" priced at $68,749. On average the cheapest type of fuel is "Gasoline". It´s price is 24 % more affordable than the average market value followed by "Electric" with a price of $68,749.
The graph displaying the average price for vehicles with doors shows that Lexus automobiles with the cheapest price have 4 doors. They are 79 % cheaper than the average price for this model priced at $20,432. Cars with the lowest price have 5 doors and are 71 % cheaper than the average previously displayed.
