24 model years · 1,474 listings tracked

Lexus LS depreciation

$79,975
27 listings
$29,208
3-model-year price gap
less than the 2024
$50,767
29 listings

The 2021 typically asks 37% less than the 2024 in this snapshot, across 3 model years. Thin sample — see the listing counts above.

The 2003 Lexus LS asks about 88% less than the 2024 across 21 model years — the curve below tracks every year from 2024 to 2003, priced from 1,474 live dealer listings.

These are current dealer asking prices for different vehicles, not a forecast, original MSRP comparison or final sale prices. Mileage, trim, condition and generation changes can affect the gap. No qualified five-model-year price gap is highlighted. The table shows the available years, prices and sample sizes.

◷ Updated September 9, 2026 ▤ National asking prices, refreshed daily

2024 Lexus LS — a typically priced live listing
2024 · live listing photo

What the Lexus LS depreciation curve means for buyers

Where are asking-price differences largest?

First 3 model years (2024→2021)
$9,736 a year
The 5 model years after that (2021→2016)
$5,145 a year
the early years
1.9× steeper

The asking-price gap per model year is larger between 2024 and 2021 than between 2021 and 2016. These are different listing samples, not one car's price history.

Thin sample: priced from 27 and 60 live listings.

Which single model year costs the most to skip?

2023 typical
$76,790
2022 typical
$62,838
one year of age
$13,952

18% of the 2023 price

Across the 2014–2024 model years, 2023 → 2022 is the biggest single-model-year asking-price step in this sample.

Priced from 47 and 58 live listings.

How do asking prices compare five model years apart?

2024 typical
$79,975
2019 typical
$43,388
share of newer-year ask
54%

$36,587 below the 2024 ask

A 2019 — five model years older — asks 54% of what the 2024 asks. The Share-of-baseline-ask column in the table below runs the same share for every year.

Thin sample: priced from 27 and 53 live listings.

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Lexus LS depreciation curve

  • −88%
    Asking-price difference, 2024 → 2003
  • ≈4.2%
    Price difference per model year (not a forecast)
  • −$13,952
    Steepest drop, 2023 → 2022
  • $9,850
    Cheapest model year (2003)

Typical asking price by model year, newest on the left — labels compare asking prices with the 2024. Hover a point for that year's price band.

A 2003 Lexus LS typically lists at $9,850 — 88% below the 2024's $79,975.

$20K $40K $60K $80K −37% −51% −70% −81% −87% −86% −91%
2024 2022 2020 2018 2016 2014 2012 2010 2008 2006 2004 2001
Year Typical price Share of baseline ask vs. next-newer year Avg. mileage Listings
2024 $79,975 100% 16,043 27
2023 $76,790 96% −$3,185 28,947 47
2022 $62,838 79% −$13,952 33,417 58
2021 $50,767 63% −$12,071 57,028 29
2020 $45,991 58% −$4,776 60,915 31
2019 $43,388 54% −$2,603 56,147 53
2018 $39,484 49% −$3,904 71,370 121
2017 $29,998 38% −$9,486 82,288 31
2016 $25,040 31% −$4,958 106,622 60
2015 $23,990 30% −$1,050 106,961 97
2014 $19,495 24% −$4,495 124,191 107
2013 $17,291 22% −$2,204 133,424 107
2012 $14,899 19% −$2,392 124,127 71
2011 $12,996 16% −$1,903 128,555 82
2010 $12,990 16% −$6 133,598 69
2009 $10,766 13% −$2,224 143,190 52
2008 $10,962 14% +$196 138,297 106
2007 $9,914 12% −$1,048 145,212 138
2006 $11,492 14% +$1,578 145,445 22
2005 $12,079 15% +$587 152,156 46
2004 $10,925 14% −$1,154 142,599 45
2003 $9,850 12% −$1,075 143,187 33
2002 $6,999 9% −$2,851 168,860 23
2001 $6,995 9% −$4 166,409 19

Typical price is the median (or average when the median is unavailable) asking price of that model year's live dealer listings, national. Share of baseline ask is each year's asking price as a percentage of the newest year's asking price in the same group of available model years. Updated September 9, 2026.

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Frequently asked questions

How much does a Lexus LS depreciate per year?

This snapshot does not measure annual depreciation of one car. The 2003 typically asks $9,850, 88% below the 2024's $79,975. These are different vehicles listed on September 9, 2026; mileage, trim, condition and redesigns can affect the difference.

How do older Lexus LS asking prices compare with the newest model year?

A 2003 Lexus LS asks about 12% of the 2024's typical asking price ($9,850 vs $79,975). The “Share of baseline ask” column in the table above shows the same share for every model year in between.

Which Lexus LS model year is cheapest?

The 2003 Lexus LS is the most affordable model year we track, typically listed at $9,850 — 88% below the 2024's typical $79,975. Compare every year in the table above.

How many Lexus LS model years can I compare here?

This depreciation curve covers 24 model years, from 2001 to 2024, each priced from live dealer listings and refreshed daily.

Shopping for your next car?

Check individual VINs before you buy — decode the exact trim and mileage, see every active listing, and how each price compares to the local market.