Used 2023 Lexus LX for SaleNationwide

How much does the 2023 Lexus LX cost?

Prices have softened 7.80% compared to this time last year, making it a favorable time to shop this model year.

There are 197 listings available, which suggests you have a workable amount of inventory to compare.

If you find a listing below $86,210.76, 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 LX is a full-size body-on-frame SUV with a luxury-first mission, and it stands out for serious off-road hardware paired with a smooth, quiet road manner. It also appeals if you want rugged capability without giving up refinement, since it combines full-time four-wheel drive, Crawl Control, Multi-Terrain Select, and a quiet cabin with modern convenience features.

35.0% 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 LX is described as having a reputation for real off-road capability and reliability, and its body-on-frame construction supports that image. It also pairs durability-minded hardware with a luxury cabin, which makes it appealing if you want a vehicle that feels built for long service.

For used buyers, the main long-term ownership risk is that a complex luxury SUV can be costly to keep in top condition if prior maintenance was inconsistent.

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

Accident-free inventory is excellent at 92.9% — clean inventory, standard diligence applies.

You should still run a history report so you can confirm the vehicle’s background and spot any hidden damage or title issues. Prioritize a thorough pre-purchase inspection, especially on the off-road systems, electronics, and cabin controls, since this model’s technology is described as unintuitive. Focus on overall condition and maintenance records, because a luxury SUV with this much hardware is best bought with clear evidence of careful ownership.

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

This is a moderate market, so you can shop selectively without expecting a deep buyer’s market.

• Deal availability: 35.0% of listings are priced as good or great deals.
• Inventory: There are 197 listings available.
• Price trend: Prices have softened 7.80% compared with last year.
• Clean inventory: 92.9% of listings are accident-free.

If you find a listing below $86,210.76, 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 $86,214 sits slightly below last year's $93,511.

That price movement suggests the market has cooled, which can help you buy more strategically now but may also mean a future seller has less pricing power than before. Even so, the LX’s blend of luxury, durability, and off-road capability should help it remain appealing to a focused pool of buyers. If you keep mileage, condition, and maintenance history strong, you improve your odds of holding value better over time.

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:

• 35.0% of listings are priced as good or great deals.
• Accident-free inventory is excellent at 92.9% — clean inventory, standard diligence applies.
• Price trend: Prices have softened 7.80% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.

Consider the 2022 if:

• It brings a fresh redesign with updated infotainment and driver-assist tech.

The bottom line: You should lean toward the 2023 if you want the strongest mix of satisfaction, clean inventory, and softened pricing in this comparison. If you are more price-sensitive, the 2022 is worth a look because its redesign and updated tech may deliver similar appeal at a lower asking price.

These recommendations are based on CarGurus' proprietary market data from September 4, 2026, CarGurus experts' opinions, and generative AI.