Used 2023 Lexus ES for Sale nearDurham, NC
Shop with transparent pricing.
Only show listings that include dealer fees- Year:
- 2024
- Make:
- Lexus
- Model:
- ES
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 302 hp 3.5L V6
- Exterior color:
- Silver / Green
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Palomino/Wood Brown
- Transmission:
- 8-Speed Automatic
- Mileage:
- 27,999
- Stock #:
- AD03899
- VIN:
- 58AFZ1B17RU163203


Sponsored by Auction Direct USA - Raleigh
2024 Lexus ES
350 Ultra Luxury FWD
27,999 mi
$48,098
- Year:
- 2023
- Make:
- Lexus
- Model:
- ES
- Body type:
- Sedan
- Exterior color:
- Ultrasonic Blue 2.0
- Interior color:
- Circuit Red
- Transmission:
- 8-Speed Automatic
- Mileage:
- 27,634
- Stock #:
- DP12493
- VIN:
- 58AJZ1B1XPU155832

-$900
Sponsored Listing
2023 Lexus ES
350 F Sport 2 FWD
27,634 mi
$42,787
$41,887
- Year:
- 2023
- Make:
- Lexus
- Model:
- ES
- Body type:
- Sedan
- Exterior color:
- Iridium
- Interior color:
- Circuit Red
- Transmission:
- 8-Speed Automatic
- Mileage:
- 36,400
- Stock #:
- DP12424
- VIN:
- 58AJZ1B15PU155754

Sponsored Listing
2023 Lexus ES
350 F Sport 2 FWD
36,400 mi
$40,787
- Year:
- 2024
- Make:
- Lexus
- Model:
- ES
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 302 hp 3.5L V6
- Exterior color:
- Red
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Brown
- Transmission:
- Automatic
- Mileage:
- 63,927
- Stock #:
- RU163322
- VIN:
- 58ADZ1B15RU163322

-$1,499
2024 Lexus ES
350 FWD
63,927 mi
$34,996
$33,497
- Year:
- 2024
- Make:
- Lexus
- Model:
- ES
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 302 hp 3.5L V6
- Exterior color:
- Eminent White Pearl
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- White
- Transmission:
- 8-Speed Automatic
- Mileage:
- 36,731
- Stock #:
- 56333A
- VIN:
- 58AFZ1B11RU161155

2024 Lexus ES
350 Ultra Luxury FWD
36,731 mi
$45,221
- Year:
- 2022
- Make:
- Lexus
- Model:
- ES
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 302 hp 3.5L V6
- Exterior color:
- Black (Obsidian)
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 8-Speed Automatic
- Mileage:
- 25,008
- Stock #:
- 35748XP
- VIN:
- 58ACZ1B14NU121830

2022 Lexus ES
350 FWD
25,008 mi
$35,998
- Year:
- 2022
- Make:
- Lexus
- Model:
- ES
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 302 hp 3.5L V6
- Exterior color:
- Gray
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 8-Speed Automatic
- Mileage:
- 45,348
- Stock #:
- UA00236
- VIN:
- 58AFZ1B16NU137265

2022 Lexus ES
350 Ultra Luxury FWD
45,348 mi
$40,232
- Year:
- 2022
- Make:
- Lexus
- Model:
- ES
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 302 hp 3.5L V6
- Exterior color:
- White
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 81,331
- Stock #:
- NU123003
- VIN:
- 58AFZ1B15NU123003

2022 Lexus ES
350 Ultra Luxury FWD
81,331 mi
$35,688
- Year:
- 2024
- Make:
- Lexus
- Model:
- ES
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 302 hp 3.5L V6
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Brown
- Transmission:
- Automatic
- Mileage:
- 56,191
- Stock #:
- MC4832
- VIN:
- 58AFZ1B14RU171405

2024 Lexus ES
350 Ultra Luxury FWD
56,191 mi
$43,394
- Year:
- 2022
- Make:
- Lexus
- Model:
- ES
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 302 hp 3.5L V6
- Exterior color:
- Brown (Moonbeam Beige Metallic)
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 8-Speed Automatic
- Mileage:
- 16,996
- Stock #:
- AT63697
- VIN:
- 58AFZ1B16NU125469

2022 Lexus ES
350 Ultra Luxury FWD
16,996 mi
$45,522
- Year:
- 2023
- Make:
- Lexus
- Model:
- ES
- Body type:
- Sedan
- Exterior color:
- Ultrasonic Blue 2.0
- Interior color:
- Circuit Red
- Transmission:
- 8-Speed Automatic
- Mileage:
- 27,634
- Stock #:
- DP12493
- VIN:
- 58AJZ1B1XPU155832

-$900
2023 Lexus ES
350 F Sport 2 FWD
27,634 mi
$42,787
$41,887
- Year:
- 2022
- Make:
- Lexus
- Model:
- ES
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 302 hp 3.5L V6
- Exterior color:
- Black (Caviar)
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Palomino
- Transmission:
- 8-Speed Automatic
- Mileage:
- 25,060
- Stock #:
- P121439
- VIN:
- 58ADZ1B10NU121439

-$880
2022 Lexus ES
350 FWD
25,060 mi
$34,669
$33,789
- Year:
- 2022
- Make:
- Lexus
- Model:
- ES
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 302 hp 3.5L V6
- Exterior color:
- Gray
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 42,873
- Stock #:
- CNU118394
- VIN:
- 58AFZ1B1XNU118394

2022 Lexus ES
350 Ultra Luxury FWD
42,873 mi
$39,196
CarGurus Analysis:
2023 Lexus ES
With 87 currently listed for sale and an average price of $38,541, 74.7% of 2023 Lexus ES listings on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2023 Lexus ES 5 / 5 stars.
100.0% of 2023 Lexus ES listings on CarGurus are accident free.
- Year:
- 2023
- Make:
- Lexus
- Model:
- ES
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 302 hp 3.5L V6
- Exterior color:
- Iridium
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Macadamia/Bamboo
- Transmission:
- 8-Speed Automatic
- Mileage:
- 26,206
- Stock #:
- DP12367A
- VIN:
- 58ADZ1B15PU143911

2023 Lexus ES
350 FWD
26,206 mi
$38,887
- Year:
- 2022
- Make:
- Lexus
- Model:
- ES
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 302 hp 3.5L V6
- Exterior color:
- Iridium
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Palomino
- Transmission:
- 8-Speed Automatic
- Mileage:
- 44,634
- Stock #:
- D25922A
- VIN:
- 58AFZ1B12NU123699

2022 Lexus ES
350 Ultra Luxury FWD
44,634 mi
$43,887
- Year:
- 2023
- Make:
- Lexus
- Model:
- ES
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 302 hp 3.5L V6
- Exterior color:
- Mica
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Palomino
- Transmission:
- 8-Speed Automatic
- Mileage:
- 15,100
- Stock #:
- AC1507
- VIN:
- 58ADZ1B13PU153823

2023 Lexus ES
350 FWD
15,100 mi
$39,497
- Year:
- 2024
- Make:
- Lexus
- Model:
- ES
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 302 hp 3.5L V6
- Exterior color:
- White
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- White
- Transmission:
- 8-Speed Automatic
- Mileage:
- 61,788
- Stock #:
- 164533
- VIN:
- 58AJZ1B18RU164533

2024 Lexus ES
350 F SPORT Handling FWD
61,788 mi
$36,008
- Year:
- 2024
- Make:
- Lexus
- Model:
- ES
- Body type:
- Sedan
- Exterior color:
- Iridium
- Interior color:
- White
- Transmission:
- 8-Speed Automatic
- Mileage:
- 18,507
- Stock #:
- DP12557
- VIN:
- 58AJZ1B17RU177404

2024 Lexus ES
350 F SPORT 2 FWD
18,507 mi
$46,387
- Year:
- 2023
- Make:
- Lexus
- Model:
- ES
- Body type:
- Sedan
- Exterior color:
- Iridium
- Interior color:
- Circuit Red
- Transmission:
- 8-Speed Automatic
- Mileage:
- 36,400
- Stock #:
- DP12424
- VIN:
- 58AJZ1B15PU155754

2023 Lexus ES
350 F Sport 2 FWD
36,400 mi
$40,787
- Year:
- 2024
- Make:
- Lexus
- Model:
- ES
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 302 hp 3.5L V6
- Exterior color:
- Black (Obsidian)
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Palomino
- Transmission:
- 8-Speed Automatic
- Mileage:
- 22,761
- Stock #:
- DP12498
- VIN:
- 58ADZ1B10RU176558

2024 Lexus ES
350 FWD
22,761 mi
$41,387
- Year:
- 2024
- Make:
- Lexus
- Model:
- ES
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 302 hp 3.5L V6
- Exterior color:
- Nightfall Mica
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Macadamia
- Transmission:
- 8-Speed Automatic
- Mileage:
- 20,961
- Stock #:
- DP12693
- VIN:
- 58ADZ1B16RU162938

2024 Lexus ES
350 FWD
20,961 mi
$41,887
- Year:
- 2022
- Make:
- Lexus
- Model:
- ES
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 302 hp 3.5L V6
- Exterior color:
- Red
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 8-Speed Dual Clutch
- Mileage:
- 57,723
- Stock #:
- 136563
- VIN:
- 58AGZ1B13NU136563

-$1,510
2022 Lexus ES
350 F Sport FWD
57,723 mi
$35,500
$33,990
- Year:
- 2024
- Make:
- Lexus
- Model:
- ES
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 302 hp 3.5L V6
- Exterior color:
- Eminent White Pearl
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Palomino
- Transmission:
- 8-Speed Automatic
- Mileage:
- 16,246
- Stock #:
- DP12705
- VIN:
- 58ADZ1B18RU182981

Sponsored Listing
2024 Lexus ES
350 FWD
16,246 mi
$43,887
CarGurus Analysis: 2023 Lexus ES

Summary
With 87 currently listed for sale and an average price of $38,541, 74.7% of 2023 Lexus ES listings on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2023 Lexus ES 5 / 5 stars.
100.0% of 2023 Lexus ES listings on CarGurus are accident free.
Why it stands out
The 2023 Lexus ES stands out as a luxury sedan that prioritizes comfort, quietness, and refinement over flash or aggressive performance. It is based on the same platform as the Toyota Avalon and Camry from this era, and the redesign brought increased structural rigidity, a wider stance, and an overall increase in length of almost three inches. Lexus also lowered and moved the seating position farther back, which helped create additional rear-seat legroom. The styling leans more expressive than earlier versions, with a large spindle grille, sharp body creases, and a coupe-like roofline.
Under the hood, the 2023 Lexus ES offered a 3.5-liter naturally aspirated V6 with 302 hp and 267 lb-ft of torque, paired with an eight-speed automatic transmission and front-wheel drive. The lineup also included the ES 300h hybrid, which combined a 2.5-liter four-cylinder engine with an electric motor for 215 hp. Standard equipment was generous, with synthetic leather upholstery, heated power front seats, LED headlights, a power moonroof, and a full suite of safety features including adaptive cruise control, lane-departure warning with steering assist, lane-keep assist, automatic emergency braking with pedestrian detection, traffic-sign recognition, and high-beam assist.
For buyers, the appeal of the 2023 Lexus ES is its blend of comfort, equipment, and value. Available options included a Mark Levinson stereo, a head-up display, a panoramic glass roof, surround-view cameras, a power rear sunshade, triple-beam LED headlights, a digital key, and a wide range of driver-assistance features. The main tradeoff is that the ES remains tuned for smoothness rather than excitement, so it is not the choice for shoppers who want a sporty or especially engaging luxury sedan.
Other model years to consider
- 2020 Lexus ES
- Average price: $28,038
- Good/great deal percentage: 73.3%
- User rating: 5 / 5
- Total listings: 90
- 2018 Lexus ES
- Average price: $23,129
- Good/great deal percentage: 74.1%
- User rating: 4.85 / 5
- Total listings: 85
- 2017 Lexus ES
- Average price: $20,482
- Good/great deal percentage: 67.5%
- User rating: 5 / 5
- Total listings: 77
Similar models to consider
- 2023 Genesis G80
- Average price: $36,400
- Good/great deal percentage: 48.6%
- User rating: 5 / 5
- Total listings: 35
- 2023 Acura TLX
- Average price: $35,519
- Good/great deal percentage: 63.9%
- User rating: 4.5 / 5
- Total listings: 36
- 2023 BMW 5 Series
- Average price: $35,026
- Good/great deal percentage: 40.0%
- User rating: 5 / 5
- Total listings: 190
This analysis is based on CarGurus' proprietary market data from October 12, 2026, CarGurus experts' opinions, and generative AI.
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
5.0 Overall rating
Filter by rating
Anonymous
Reviewed a 2023 Lexus 350 Luxury FWD on Jul 13, 2023
Downsized from BMW 540i for more comforts but still decent pop/handling. ALL main cabin features of BMW transferred to Lexus ES though some learning on new systems will be required. Great the control pad on the console has been replaced in 2023. Saved roughly $20K upfront with Lexus plus more ongoing with regular, not premium, fuel. ES hybrid would have saved even more ongoing but I was not ready to take that drastic of a performance drop yet.
Jossie A M
Reviewed a 2023 Lexus ES on May 8, 2023
This was the second time we purchased a Lexus ES 350 because there’s just NO Better Car Out There! The perfect combination of Safety, Economy & Luxury all wrapped into one beautiful car! There are, of course, many safety features; everything from key controlled alarm systems, maps & voice directions to state of the art braking systems! You get better than expected miles per gallon, and the value of these cars do not depreciate quickly! And the comfort; you don’t feel bumps in the road - shocks are outstanding ! Not only do they have heated seats to keep you warm in winter - they also have cooling seats to kept you cool in the summer! Multiple body positioning options - including lower back support is comfortable beyond belief! And there is oh so much more! With plush body style and rare color mixes like “Midnight Blue” & “Champaigne,” they are really lovely vehicles to look at! Once you drive a Lexus ES - No Other Car Will Do!
2023 Lexus ES Trims
| Trim type | MSRP |
|---|---|
| 250 Premium AWD | -- |
| 350 Premium FWD | -- |
| 350 Luxury FWD | $47,110 |
| 350 Ultra Luxury FWD | $50,730 |
| 250 AWD | $41,940 |
| 350 F Sport Handling FWD | $48,400 |
| 350 F Sport 2 FWD | -- |
| 350 FWD | $41,940 |
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
2023 Lexus ES Price Trends
CarGurus tracks the prices of millions of used car listings every year. See how the average price of 2023 Lexus ES prices has changed over time.
See more price trends2023 Lexus ES Pricing Analysis: Durham, NC Market Report
Pricing in Nearby Cities
Market Area: Durham, NC
Key Insights
- Highest-Price Market: The Raleigh, NC market shows an average price of $40,640, indicating a premium for the Lexus ES in this area.
- Best Value: The Martinsville, VA market has the lowest average price at $35,084, suggesting a more affordable option for buyers.
- Inventory Drives Stability: Winston Salem, NC leads with 109 listings, reflecting a robust supply that may stabilize pricing in the region.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Winston Salem, NC | 109 | $36,720 |
| Salisbury, NC | 106 | $37,181 |
| Rocky Mount, NC | 96 | $39,280 |
| Martinsville, VA | 96 | $35,084 |
| Greensboro, NC | 94 | $38,933 |
| Danville, VA | 93 | $35,084 |
| Goldsboro, NC | 93 | $39,280 |
| Raleigh, NC | 90 | $40,640 |
| Greenville, NC | 89 | $37,198 |
Pricing by Trim Packages
Key Insights
- Volume Leader: The 350 FWD trim dominates with 281 listings, indicating strong demand for this configuration.
- Premium Spread: The 350 Ultra Luxury FWD trim has an MSRP of $50,730, showcasing a significant price increase compared to the base trim.
- Drivetrain Effect: All trims are available with either FWD or AWD, but the 350 FWD trim has the highest inventory, suggesting a preference for front-wheel drive among buyers.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| 350 FWD | 281 | $41,940 | FWD | 3.5L 302 hp V6 |
| 350 Ultra Luxury FWD | 25 | $50,730 | FWD | 3.5L 302 hp V6 |
| 350 Luxury FWD | 19 | $47,110 | FWD | 3.5L 302 hp V6 |
| 250 AWD | 17 | $41,940 | AWD | 2.5L 203 hp I4 |
| 350 F Sport Handling FWD | 9 | $48,400 | FWD | 3.5L 302 hp V6 |
Pricing Analysis by Model Year
Key Insights
- New-Car Premium: The 2025 model year is priced at an average of $44,990, reflecting a 6.8% premium over its starting MSRP.
- Depreciation Curve: The 2014 model year exhibits the steepest depreciation at -65.9%, indicating significant value loss over time.
- Best Value Sweet Spot: The 2022 model year, with an average price of $35,867, represents a strong value proposition for buyers looking for a balance between price and features.
Model Year Pricing
| Model Year | Starting MSRP | Avg Price | Avg Price vs Starting MSRP |
|---|---|---|---|
| 2025 | $42,140 | $44,990 | +6.8% |
| 2024 | $42,040 | $40,399 | -3.9% |
| 2023 | $41,940 | $40,640 | -3.1% |
| 2022 | $40,950 | $35,867 | -12.4% |
| 2021 | $40,000 | $30,582 | -23.5% |
| 2020 | $39,900 | $28,038 | -29.7% |
| 2019 | $39,750 | $26,330 | -33.8% |
| 2018 | $38,950 | $23,129 | -40.6% |
| 2017 | $38,900 | $20,414 | -47.5% |
| 2016 | $38,100 | $13,443 | -64.7% |
| 2015 | $40,440 | $15,021 | -62.9% |
| 2014 | $36,620 | $12,482 | -65.9% |
These recommendations are based on CarGurus' proprietary market data from October 14, 2026, CarGurus experts' opinions, and generative AI.
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
How much does the 2023 Lexus ES cost?
| Metric | Value |
|---|---|
| Current Average Price | $38,663 |
| Year-Round Low | $36,688 |
| Year-Round High | $39,225 |
| Average Price a Year Ago | $37,961 |
| Change vs. Last Year | +1.85% |
Prices are up 1.85% year-over-year — a sign of continued demand for this model year.
There are 1,159 listings available, which gives you a solid amount of inventory to compare before you buy.
Is the 2023 Lexus ES a good car?
Yes — 5/5 is a strong user rating for the 2023 Lexus ES. The overview points to a luxury sedan that prioritizes comfort, quietness, and refinement, with a roomy rear seat, generous standard equipment, and a value-focused appeal for shoppers who want an easygoing premium car rather than something sporty. That makes it a strong fit if you want a calm daily driver with a well-equipped cabin and a relaxed personality. 40.3% of listings are priced as good or great deals, which gives you some room to shop selectively.
Is the 2023 Lexus ES reliable?
Owners rate it 5/5, a strong signal of long-term satisfaction.
The overview emphasizes a comfort-first luxury sedan with a reputation for refinement, and it highlights a broad set of standard safety features that support confidence in everyday use. For used buyers, the main long-term ownership risk is less about excitement and more about making sure the car has been maintained well enough to preserve that smooth, quiet character.
What should I look for when buying a used 2023 Lexus ES?
Accident-free inventory is solid at 86.9% — always verify the vehicle history report.
You should still review the history report carefully and confirm there are no prior collisions, title issues, or repeated claims. Put inspection priority on overall condition, especially the cabin, electronics, and signs of wear that could affect the car’s comfort-first appeal. Focus on whether the car still feels quiet, clean, and well cared for, since that is a big part of what you are paying for.
Is now a good time to buy a used 2023 Lexus ES?
This is a moderate buyer’s market, so you can be selective without expecting deep discounts on every listing.
- Deal availability: 40.3% of listings are priced as good or great deals.
- Inventory: There are 1,159 listings available.
- Price trend: Prices are up 1.85% year-over-year.
- Clean inventory: 86.9% of listings are accident-free.
If you find a listing below $36,688, that's toward the low end of the year-round range and worth acting on quickly.
What is the 2023 Lexus ES's resale value?
The current average of $38,663 sits slightly above last year's $37,961.
That modest increase suggests the market still values this model year’s comfort-first formula. If you buy well and keep the car in clean condition, you should have a reasonable chance of holding onto value better than a vehicle with weaker demand. The combination of steady pricing and broad appeal can help support a more predictable resale path when it is time to sell.
Vehicles with strong owner satisfaction ratings, like this model year's 5/5, tend to retain buyer demand, which supports resale value over time.
Should I buy a 2023 Lexus ES or consider a different year?
If you're weighing the 2023 against nearby model years, here's how to think about it:
Choose the 2023 if:
- 40.3% of listings are priced as good or great deals.
- Accident-free inventory is solid at 86.9% — always verify the vehicle history report.
- Price trend: Prices are up 1.85% year-over-year.
- Owners rate it 5/5 — a strong satisfaction signal.
Consider the 2022 if:
- At $34,736, the 2022 costs less than the current year's $38,663 average.
- It offers a broader powertrain lineup for shoppers who want more choice.
The bottom line: If you want the stronger current-market balance of inventory, condition, and buyer demand, the 2023 is the cleaner pick. If your priority is spending less up front, the 2022 is the better value-oriented alternative and still delivers the ES’s core comfort-first appeal.
These recommendations are based on CarGurus' proprietary market data from October 13, 2026, CarGurus experts' opinions, and generative AI.
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
Relevant articles

The Most Reliable Luxury Cars of 2026
Luxury cars give you the best of most things but which are the most reliable luxury cars you can buy? Our guide has all the details.

The Best Affordable Luxury Cars in 2026
There are plenty of great options for affordable new luxury cars, if you know where to look. Our expert guide gives you the lowdown on the best cheap luxury cars you can buy.

The Best Sedans of 2026
As more people flock to SUVs and crossovers, some automakers are killing off sedans. But others are doubling down, building some of the best four-door cars we’ve ever driven. For a supposedly dying segment, the sedan market looks awfully healthy.