Lexus LC 500 Resale Value and Depreciation
See how much the Lexus LC 500 depreciates and retains its value over a 3-, 5-, 7- and 10-year timeframe.
Depreciation is the single largest factor in the cost of owning a vehicle. That means knowing how much a vehicle depreciates over time and how well it will hold its value is important. iSeeCars analyzed over 15 million vehicles to determine how much each model depreciates over a 3-, 5-, 7- and 10-year period. Typically, five years is the timeframe used to evaluate and compare depreciation across vehicles.
A new Lexus LC 500 depreciates 34.2 percent after five years, resulting in a resale value of $71,441. In comparison, the luxury sports car category, which the Lexus LC 500 belongs to, loses 24 percent of its value after five years. For further context, the five-year depreciation for all convertibles is 38 percent and for all vehicles is 41.5 percent.
If you plan to drive a new Lexus LC 500 for shorter or longer than five years, check the depreciation data for the other time periods. After three years, an Lexus LC 500 sees a depreciation of 14.3 percent with a resale value of $92,981. Its 7-year depreciation is 47.3 percent and 10-year depreciation is 60.4 percent.
Lexus LC 500 Convertible
Depreciation is the single largest factor in the cost of owning a vehicle. That means knowing how much a vehicle depreciates over time and how well it will hold its value is important. iSeeCars analyzed over 15 million vehicles to determine how much each model depreciates over a 3-, 5-, 7- and 10-year period. Typically, five years is the timeframe used to evaluate and compare depreciation across vehicles.
A new Lexus LC 500 depreciates 34.2 percent after five years, resulting in a resale value of $71,441. In comparison, the luxury sports car category, which the Lexus LC 500 belongs to, loses 24 percent of its value after five years. For further context, the five-year depreciation for all convertibles is 38 percent and for all vehicles is 41.5 percent.
If you plan to drive a new Lexus LC 500 for shorter or longer than five years, check the depreciation data for the other time periods. After three years, an Lexus LC 500 sees a depreciation of 14.3 percent with a resale value of $92,981. Its 7-year depreciation is 47.3 percent and 10-year depreciation is 60.4 percent.
Lexus LC 500 Convertible Depreciation After 3, 5, 7 and 10 Years
Lexus LC 500 Convertible Depreciation and Resale Value
| Vehicle Age | % Depreciation | $ Depreciation | % Residual Value | $ Residual Value |
|---|---|---|---|---|
|
3 Years |
0.1434238865 |
15568.662879575 |
0.8565761135 |
92981.337120425 |
|
5 Years |
0.3418572642 |
37108.60602891 |
0.6581427358 |
71441.39397109 |
|
7 Years |
0.4728274741 |
51325.422313555 |
0.5271725259 |
57224.577686445 |
|
10 Years |
0.603722662 |
65534.0949601 |
0.396277338 |
43015.9050399 |
Lexus LC 500 Convertible Depreciation Comparison
| 3-Year Depreciation | 5-Year Depreciation | 7-Year Depreciation | 10-Year Depreciation | |
|---|---|---|---|---|
|
Lexus LC 500 Convertible |
0.1434238865 |
0.3418572642 |
0.4728274741 |
0.603722662 |
|
All Luxury Sports Cars |
0.0501963037251325 |
0.2404528819676166 |
0.3499796823005992 |
0.5062286342163442 |
|
All Convertibles |
0.2230024417827061 |
0.3802143334542033 |
0.5123561440771399 |
0.6042387154912647 |
|
All Cars |
0.2394514816399771 |
0.4148778028183556 |
0.5272667613116062 |
0.6537215231104988 |
Depreciation and resale value data for other Lexus LC 500 styles:
Lexus LC 500
Depreciation is the single largest factor in the cost of owning a vehicle. That means knowing how much a vehicle depreciates over time and how well it will hold its value is important. iSeeCars analyzed over 15 million vehicles to determine how much each model depreciates over a 3-, 5-, 7- and 10-year period. Typically, five years is the timeframe used to evaluate and compare depreciation across vehicles.
A new Lexus LC 500 depreciates 34.5 percent after five years, resulting in a resale value of $66,212. In comparison, the luxury midsize car category, which the Lexus LC 500 belongs to, loses 46.4 percent of its value after five years. For further context, the five-year depreciation for all coupes is 23 percent and for all vehicles is 41.5 percent.
If you plan to drive a new Lexus LC 500 for shorter or longer than five years, check the depreciation data for the other time periods. After three years, an Lexus LC 500 sees a depreciation of 17.2 percent with a resale value of $83,712. Its 7-year depreciation is 43 percent and 10-year depreciation is 59.4 percent.
Lexus LC 500 Depreciation After 3, 5, 7 and 10 Years
Lexus LC 500 Depreciation and Resale Value
| Vehicle Age | % Depreciation | $ Depreciation | % Residual Value | $ Residual Value |
|---|---|---|---|---|
|
3 Years |
0.1715749587 |
17337.649576635 |
0.8284250413 |
83712.350423365 |
|
5 Years |
0.3447632453 |
34838.325937565 |
0.6552367547 |
66211.674062435 |
|
7 Years |
0.430207273 |
43472.44493665 |
0.569792727 |
57577.55506335 |
|
10 Years |
0.5937843082 |
60001.90434361 |
0.4062156918 |
41048.09565639 |
Lexus LC 500 Depreciation Comparison
| 3-Year Depreciation | 5-Year Depreciation | 7-Year Depreciation | 10-Year Depreciation | |
|---|---|---|---|---|
|
Lexus LC 500 |
0.1715749587 |
0.3447632453 |
0.430207273 |
0.5937843082 |
|
All Luxury Midsize Cars |
0.2718826497684131 |
0.4639012605377631 |
0.609813110077227 |
0.7460266089536964 |
|
All Coupes |
0.0609853597035018 |
0.2301317384663754 |
0.3535581966853585 |
0.5118979047081245 |
|
All Cars |
0.2394514816399771 |
0.4148778028183556 |
0.5272667613116062 |
0.6537215231104988 |
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Methodology
iSeeCars analyzed over 15 million vehicles to calculate the depreciation and resale value for each model after 3, 5, 7, and 10 years. The depreciation for a given model is calculated from the difference between the new car price and the used car price for the model at each age. Factors such as the car's automaker and vehicle segment are taken into account in iSeeCars' mathematical model to estimate resale value and depreciation. Various segment averages are also calculated for context.