Lexus LX 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 LX cars have gone through a strong rise during the last 6 months. The average price for September is AED 187,240. During October there was a slight reduction in the selling prices dropping till AED 174,849. During the following two months (November, December) the average selling price rose somewhat going from AED 181,044.5 to AED 197,255.5. The average price has had spectacular rise of 116 % with an average price of AED 189,150 during the previous 4 months and AED 409,093.5 during the most recent months in January and February.
The average price for Lexus LX has had a strong rise in recent years. Between 2010 and 2020, the average price is AED 177,566.19. There was a significant inflation of the average price in 2010 (AED 74,000) moving up till (AED 312,333)in 2020. During the next two years (2021, 2022) the price for the aforementioned model has gone up strongly a 137 %. During the last two years, prices in the car industry have gone up 10 % 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 (AED 468,501.25) and the the last two years that were studied (2023, 2024) with a price of AED 515,326.
The graph that displays the price for Lexus LX 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 75 % more affordable than the average price (AED 426,587). Next with a price of AED 215,917 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 24% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of AED 447,167.
The graph displaying the average price for vehicles with doors shows that Lexus LX automobiles with the cheapest price have 5 doors. They are 64 % cheaper than the average price for this model priced at AED 151,534. Cars with the lowest price have 4 doors and are 47 % cheaper than the average previously displayed.