How much does the 2023 Lexus LX cost?

Prices have softened 8.22% compared to this time last year, making it a favorable time to shop this model year.

There are 203 listings available, which gives you a meaningful amount of inventory to compare.

If you find a listing below $86,523.73, 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 5/5 user rating points to strong owner satisfaction. The 2023 Lexus LX is positioned as a full-size body-on-frame SUV with serious off-road hardware and a luxury-first mission, so you get rugged capability without giving up refinement. It is also described as smooth and quiet on the road, which makes it appealing if you want a premium SUV that can handle both daily driving and tougher terrain.

31.0% of listings are priced as good or great deals, which gives you some room to shop selectively.

Is the 2023 Lexus LX reliable?

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

The 2023 Lexus LX is described as having a reputation for real off-road capability and reliability, and its standard equipment supports that image with full-time four-wheel drive, a locking center differential, Crawl Control, Multi-Terrain Select, hill-descent control, and a Multi-Terrain Monitor. That combination suggests a vehicle built for durability as well as capability.

For used buyers, the main long-term ownership risk is less about basic toughness and more about whether the truck has been maintained carefully given its premium, complex hardware.

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

Accident-free inventory is excellent at 94.1% — clean inventory, standard diligence applies.

You should still run a history report so you can confirm the vehicle’s background and spot any hidden issues. Put inspection priority on the condition of the off-road systems, interior electronics, and luxury features, since this model combines rugged hardware with a lot of technology. Focus on overall wear, maintenance records, and whether the vehicle has been used in ways that match its premium positioning.

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

This is a moderate market, so you can shop selectively and still find opportunities if you move quickly on the right listing.

• Deal availability: 31.0% of listings are priced as good or great deals.
• Inventory: There are 203 listings available.
• Price trend: Prices have softened 8.22% compared with last year.
• Clean inventory: 94.1% of listings are accident-free.

If you find a listing below $86,523.73, 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 $86,514 sits slightly below last year's $94,262.

That price movement suggests the market has become more favorable for buyers, but it also means a future seller may need to price competitively to stand out. If you buy well now, you may have a better chance of limiting depreciation pressure later. The LX’s premium positioning and strong reputation can help support demand, but condition and pricing will still matter a lot when you go to resell.

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:

• 31.0% of listings are priced as good or great deals.
• Accident-free inventory is excellent at 94.1% — clean inventory, standard diligence applies.
• Price trend: Prices have softened 8.22% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.

Consider the 2022 if:

• It brings a new platform, updated infotainment and driver-assist tech, and a new twin-turbocharged V6 engine.

The bottom line: If you want the strongest mix of current-year pricing, inventory depth, and owner satisfaction, the 2023 is the primary path to consider. If you are more price-sensitive and want to prioritize the redesign-era strengths of the prior year, the 2022 is the better secondary path to compare closely.

These recommendations are based on CarGurus' proprietary market data from August 21, 2026, CarGurus experts' opinions, and generative AI.