Used 2023 Lexus RZ for Sale nearPhoenix, AZ

How much does the 2023 Lexus RZ cost?

Prices have softened 3.25% compared to this time last year, making it a favorable time to shop this model year.

There are 302 listings available, which suggests a modest amount of inventory for you to compare.

Is the 2023 Lexus RZ a good car?

The 2023 Lexus RZ is a strong pick if you want a well-equipped electric SUV with a polished driving experience, though its appeal depends on whether its trade-offs fit your needs. It earns 3/5 from users and 9.17/10 from experts.

The model scores 10/10 across Performance and Cost effectiveness.

Its strengths are clear in the overview and test-drive data: it is Lexus’s first dedicated battery-electric vehicle, it comes standard with all-wheel drive, and it delivers an easy EV driving experience with a minimal learning curve. The RZ is aimed at shoppers who want a confident, distinctive electric SUV rather than a stripped-down commuter EV.

The main trade-offs are the lack of a glove compartment and the absence of an F Sport package at launch. If you value standard traction, a refined EV setup, and a premium-feeling feature set, it makes sense to keep it on your shortlist.

36.4% of listings are priced as good or great deals, which gives you some room to shop selectively.

Is the 2023 Lexus RZ reliable?

The 2023 Lexus RZ is presented as a thoughtfully engineered EV with battery-temperature management designed to support long-term durability. Lexus says the battery pack uses water-based cooling and heating systems, and the brand also backs the ownership experience with EV-specific support such as ChargePoint access and home-charger installation tutorials.

The driving character also points toward low-stress ownership: the RZ is described as having a minimal learning curve, and its regenerative braking settings are not overly aggressive. For a used buyer, the main long-term risk is making sure the battery and charging system have been cared for properly, since EV ownership depends heavily on battery health and charging habits.

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

Accident-free inventory is excellent at 94.7% — clean inventory, standard diligence applies.

You should still run a vehicle history report and prioritize a pre-purchase inspection, especially on an EV where battery condition and charging behavior matter. Focus on overall condition, charging-port health, tire wear, and whether the car has been used mostly for home charging or frequent DC fast charging.

Key things to evaluate:

• Trim level: The Premium trim starts with 18-inch wheels, while Luxury adds 20-inch wheels and more equipment. The base setup already includes the RZ’s distinctive styling and standard EV character, but Luxury adds more convenience and tech.
• Powertrain: The RZ uses two electric motors and standard Direct4 all-wheel drive, with 308 horsepower and a 71.4-kWh battery. It is tuned for easy, natural EV driving rather than extreme performance.
• Safety package: Lexus Safety System+ 3.0 is standard, with adaptive cruise control, lane-tracing assist, lane-departure alert, road-sign assist, pre-collision system with pedestrian detection, blind-spot monitoring, rear cross-traffic alert, and parking assist with auto braking and rear pedestrian detection. Luxury adds traffic-jam assist and a driver-monitoring camera.
• Infotainment: Every trim gets a 14-inch touchscreen, wireless Apple CarPlay and Android Auto, OTA updates, Bluetooth, SiriusXM, a Wi-Fi hotspot, and five USB-C ports. Premium uses a 10-speaker audio system, while Luxury gets the 13-speaker Mark Levinson system.
• Range & charging: EPA range is 220 miles with 18-inch wheels and 196 miles with 20-inch wheels. The battery capacity is 71.4-kWh, and the RZ supports DC fast charging through Lexus’s EV ownership support network.
• Battery health: Ask for battery state-of-health information if available, review charging history, and make sure the car has been used in a way that fits your driving pattern. Home charging is generally easier on ownership routines, while frequent DC fast charging can be worth checking more closely on a used EV. Also confirm how much of the battery warranty remains.

Which 2023 Lexus RZ trim should I buy?

The 2023 Lexus RZ is offered in 2 trim levels: Premium and Luxury.

Here's the short version:

• Premium: This is the value play if you want the RZ’s core experience at the lowest entry price. You still get the standard dual-motor AWD setup, the 14-inch touchscreen, wireless smartphone integration, and Lexus Safety System+ 3.0, while keeping the starting price lower than Luxury.
• Luxury: Choose this if you want the most complete version of the RZ. It adds the 20-inch wheels, the Mark Levinson audio system, traffic-jam assist, and the driver-monitoring camera, making it the better fit if you want more convenience and tech.

The Luxury trim also gets the added safety and driver-assistance features that come with its upgraded package.

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

This looks like a moderate, selective buyer’s market, so you can shop carefully and still find opportunities.

• Deal availability: 36.4% of listings are priced as good or great deals.
• Inventory: There are 302 listings available.
• Price trend: Prices have softened 3.25% compared with last year.
• Clean inventory: 94.7% of listings are accident-free.

If you find a listing below $31,324, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2023 Lexus RZ's resale value?

The current average of $33,876 sits slightly below last year's $35,015.

That decline suggests the market has eased a bit, which can help you as a buyer today. For a future seller, it means you should expect resale value to depend heavily on condition, mileage, and how well the battery and charging system have been maintained.

Because the year-over-year change is negative, you may not see rapid appreciation in the near term. If you plan to own the RZ for a while, keeping it clean, well-documented, and battery-healthy will matter more than trying to time a rebound.

Is the 2023 Lexus RZ safe?

The 2023 Lexus RZ has not yet been evaluated by the Insurance Institute for Highway Safety.

It earns a 9/10 safety score from our experts.

Lexus Safety System+ 3.0 is standard, and it includes adaptive cruise control, lane-tracing assist, lane-departure alert, road-sign assist, pre-collision system with pedestrian detection, blind-spot monitoring, rear cross-traffic alert, and parking assist with auto braking and rear pedestrian detection. Luxury adds traffic-jam assist and a driver-monitoring camera.

The lack of an IIHS result means you should lean more heavily on the standard driver-assistance suite and the vehicle’s overall safety engineering when evaluating a used example.

Should I buy a 2023 Lexus RZ 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:

• 36.4% of listings are priced as good or great deals.
• Accident-free inventory is excellent at 94.7% — clean inventory, standard diligence applies.
• Price trend: Prices have softened 3.25% compared with last year.
• The first-year RZ appeals to you because it is Lexus’s first dedicated battery-electric vehicle and brings a distinctive, well-equipped EV package.

The bottom line: If you want the earliest version of Lexus’s dedicated EV with strong standard equipment and a softer market price, the 2023 is the one to target. If you are especially price-sensitive, keep shopping the broader market and compare listings carefully, since the current year already shows meaningful deal availability.

These recommendations are based on CarGurus' proprietary market data from September 15, 2026, CarGurus experts' opinions, and generative AI.