Price for Lexus
Lexus Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Lexus cars have gone through a strong rise during the last 6 months. During the first month analyzed in October the average price was AED 179,312. November went through a strong inflation with a rise in the price till AED 211,369. During the following two months (December, January) the average selling price experienced a noticeable rise, going up 61 % from AED 195,340.5 to AED 314,454.5. The average price has had spectacular rise of 72 % with an average price of AED 254,897.5 during the previous 4 months and AED 438,170 during the most recent months in February and March.
The average price for Lexus has had a strong rise in recent years. Between 2002 and 2020, the average price is AED 98,396.7. There was a significant inflation of the average price in 2002 (AED 26,700) moving up till (AED 214,993)in 2020. During the next two years (2021, 2022) the price for the aforementioned model has gone up strongly a 138 %. During the last two years, prices in the car industry have gone through a strong rise of 17 % compared to the average values for the previous 4 years. This was taken from studying the prices for the the preceding four years in previous sample (AED 282,093.25) and the the last two years that have been analyzed (2023, 2024) with a price of AED 330,470.
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 (AED 428,936). Next with a price of AED 149,393 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 9% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at AED 353,333.
The graph showing the average price for Lexus cars displays those with 2 doors as the cheapest ones. They are 89 % more affordable than the average price (AED 428,936). These are followed by those with 5 doors with an average price of AED 112,781. Cars with the lowest price have 4 doors and are 58 % cheaper than the average previously displayed.
