Price for Lexus
Lexus Vehicles have gone through a slight decrease in their retail price recently. This model has gone through an overall fall in its selling price.
The selling price for Lexus cars has fallen during the last 6 months we have analyzed. The average price for October is $114,664. During November there was a slight reduction in the selling prices dropping till $107,178. The average selling price has remained fairly constant during the following two months, going from $110,921 to $107,484.5. During the last couple of months, the average price has hardly changed, remaining the same going from $109,202.75 to $105,331 during February and March.
The average price for Lexus has had a strong rise in recent years. Between "before 2000" and 2020, the average price is $25,522.5. There was a significant inflation of the average price in "before 2000" ($5,269) moving up till ($56,096)in 2020. During the next two years (2021, 2022) the price for the aforementioned model has gone up strongly a 160 %. During the last two years, prices in the car industry have gone up 6 % compared to the average values for the previous 4 years. This conclusion was reached from studying the prices for the the preceding four years in previous sample ($70,354) and the the last two years that were studied (2023, 2024) with a price of $74,313.
The graph that displays the price for Lexus cars according to their mileage shows that those cars within a mileage range of "more than 200,000" are the ones with the lowest price. They are 82 % more affordable than the average price ($106,355). Next with a price of $39,692 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 10% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at $68,147.
The graph showing the average price for the fuel type for Lexus cars points out to "Gas" as being the cheapest fuel type. It is 61 % less expensive than the average market price ($106,355) followed by "Electric" priced at $68,000. On average the cheapest type of fuel is "Gasoline". It´s price is 11 % more affordable than the average market value followed by "Hybrid" with a price of $70,244.
The graph showing the average price for Lexus cars displays those with 2 doors as the cheapest ones. They are 46 % more affordable than the average price ($106,355). These are followed by those with 5 doors with an average price of $59,604. Cars with the lowest price have 4 doors and are 34 % cheaper than the average previously displayed.
