Used 2023 Lexus ES for Sale nearMemphis, TN

How much does the 2023 Lexus ES cost?

Prices are up 3.15% year-over-year — a sign of continued demand for this model year.

There are 1,052 listings available, which gives you a meaningful amount of inventory to compare before you buy.

Is the 2023 Lexus ES a good car?

Yes — the 2023 Lexus ES earns a 5/5 user rating, which points to strong owner satisfaction. It stands out as a luxury sedan that prioritizes comfort, quietness, and an easygoing driving experience over flash or aggression, and it offers a refined cabin with a strong value proposition for buyers who want a premium daily driver. That makes it especially appealing if you care more about serenity and everyday ease than sporty handling. With 39.3% of listings marked as good or great deals, you still have room to shop selectively.

Is the 2023 Lexus ES reliable?

Owners rate it 5/5, a strong signal of long-term satisfaction.

The 2023 Lexus ES is presented as a comfort-first luxury sedan with a quiet cabin, a refined driving character, and a strong emphasis on ease of ownership. Its standard safety equipment and calm, well-rounded design support that reputation. For used buyers, the main long-term risk is less about drama and more about making sure the specific car has been maintained well and hasn’t been neglected.

What should I look for when buying a used 2023 Lexus ES?

Accident-free inventory is solid at 87% — always verify the vehicle history report.

You should still run a history report on any car you’re considering, even if the listing looks clean. Prioritize a pre-purchase inspection that checks the condition of the cabin, electronics, brakes, tires, and suspension, since those areas matter most on a luxury sedan. Focus on overall condition and maintenance records so you can separate a well-kept example from one that only looks good online.

Is now a good time to buy a used 2023 Lexus ES?

This is a moderate market, so you can buy now if the right car shows up, but you should still compare listings carefully.

• Deal availability: 39.3% of listings are priced as good or great deals.
• Inventory: There are 1,052 listings available.
• Price trend: Prices are up 3.15% year-over-year.
• Clean inventory: 87.0% of listings are accident-free.

If you find a listing below $36,691, 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 $39,126 sits slightly above last year's $37,930.

That upward move suggests the market is still willing to pay for this model year, which is a positive sign if you plan to sell later. The ES’s comfort-first reputation and premium positioning help it stay relevant with shoppers who want a refined sedan rather than a sporty one. Because prices are already above last year’s level, a well-kept example should remain easier to market than a neglected one.

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:

• 39.3% of listings are priced as good or great deals.
• Accident-free inventory is solid at 87% — always verify the vehicle history report.
• Price trend: Prices are up 3.15% year-over-year.
• Owners rate it 5/5 — a strong satisfaction signal.

Consider the 2022 if:

• At $35,107, the 2022 costs less than the current year's $39,126 average.
• It offers a broad powertrain lineup for buyers 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 better starting point. If your priority is saving money upfront, the 2022 is the smarter alternative to compare first, especially if you find a clean example with the equipment you want.

These recommendations are based on CarGurus' proprietary market data from September 22, 2026, CarGurus experts' opinions, and generative AI.