Price for Lexus LX
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. In October the price for a car is AED 174,849 increasing till AED 198,081 in November. During the following two months (December, January) the average selling price experienced a noticeable rise, going up 58 % from AED 186,465 to AED 294,015. The average price has had spectacular rise of 42 % with an average price of AED 240,240 during the previous 4 months and AED 342,212 during the most recent months in February and March.
The average price for Lexus LX has had a strong rise in recent years. Between 2002 and 2019, the average price is AED 146,788.83. There was a significant inflation of the average price in 2002 (AED 35,667) moving up till (AED 287,333)in 2019. During the next two years (2020, 2021) the price for the aforementioned model has gone up strongly a 124 %. During the last two years, prices in the car industry have gone through a strong rise of 21 % 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 413,551) and the the last two years that have been analyzed (2022, 2023) with a price of AED 498,562.5.
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 63 % more affordable than the average price (AED 257,837). Next with a price of AED 202,114 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 101% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of AED 432,200.
The graph displaying the average price for vehicles with doors shows that Lexus LX automobiles with the cheapest price have 5 doors. They are 45 % cheaper than the average price for this model priced at AED 141,686. Cars with the lowest price have 4 doors and are 12 % cheaper than the average previously displayed.
