How much does the 2023 Lexus LX cost?

Prices have softened 8.08% compared to this time last year, making it a favorable time to shop this model year.

There are 197 listings available, which gives you a meaningful pool to compare prices and equipment.

If you find a listing below $86,321.89, that's toward the low end of the year-round range and worth acting on quickly.

Is the 2023 Lexus LX a good car?

Yes — the 2023 Lexus LX earns a 5/5 user rating, which points to strong owner satisfaction. The overview describes it as a full-size body-on-frame SUV that blends serious off-road hardware with a luxury-first mission, so you get rugged capability without giving up refinement. It also highlights a smooth, quiet ride, which matters if you want a large SUV that can handle daily driving as well as rougher terrain. With 33.0% of listings marked as good or great deals, you have a decent chance of finding a competitive offer.

Is the 2023 Lexus LX reliable?

Owners rate it 5/5, a strong signal of long-term satisfaction. The overview also emphasizes a reputation for real off-road capability and reliability, along with a durable body-on-frame design and standard four-wheel-drive hardware. For used buyers, that combination suggests lower drama over time if the vehicle has been maintained properly, though you should still expect ownership costs to reflect its luxury-SUV positioning.

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

Accident-free inventory is excellent at 93.9% — clean inventory, standard diligence applies.

You should still run a vehicle history report and verify that the truck’s maintenance records are complete. Put inspection priority on the condition of the off-road hardware, the cabin electronics, and any signs of heavy use, since this model is built to do more than just commute. Focus on overall condition and equipment operation, especially if you’re shopping a higher-mileage example or one that has seen frequent trail use.

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

This is a moderate market, so you can be selective without expecting every listing to be a bargain.

• Deal availability: 33.0% of listings are priced as good or great deals.
• Inventory: There are 197 listings available.
• Price trend: Prices have softened 8.08% compared with last year.
• Clean inventory: 93.9% of listings are accident-free.

If you find a listing below $86,321.89, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2023 Lexus LX's resale value?

The current average of $86,314 sits slightly below last year's $93,897.

That price movement suggests the market has cooled, which can help you buy more carefully now but may also mean a future sale could face more price sensitivity. If you plan to resell later, the current trend implies you should pay close attention to purchase price and condition so you preserve as much value as possible. Strong examples with clean history and desirable equipment should hold up better than average.

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 LX 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:

• 33.0% of listings are priced as good or great deals.
• Accident-free inventory is excellent at 93.9% — clean inventory, standard diligence applies.
• Price trend: Prices have softened 8.08% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.

Consider the 2022 if:

• It brings a long-overdue redesign with updated tech and a new platform.

The bottom line: You should lean toward the 2023 if you want the same core LX formula with a softer market and solid inventory quality. If you’re especially price-sensitive, the 2022 is worth a look because its redesign and updated hardware may deliver strong value depending on how it’s priced relative to the 2023.

These recommendations are based on CarGurus' proprietary market data from August 28, 2026, CarGurus experts' opinions, and generative AI.