Lexus RX Vehicles have had a price that has remained pretty much the same during the last months. The prices for this particular model have remained constant recently.
The selling prices for Lexus RX cars have remained constant in the last 6 months. The average price for February is RM 287,474. During March there was a slight reduction in the selling prices dropping till RM 252,123. The average selling price has remained fairly constant during the following two months, going from RM 269,798.5 to RM 264,054.5. The average price has had spectacular rise of 18 % with an average price of RM 266,926.5 during the previous 4 months and RM 314,008 during the most recent months in June and July.
The average price for Lexus RX has had a strong rise in recent years. Between 2009 and 2013, the average price is RM 143,670.8. There was a significant inflation of the average price in 2009 (RM 126,806) moving up till (RM 181,464)in 2013. During the next two years (2014, 2015) the price for the aforementioned model has gone up strongly a 63 %. During the last two years, prices in the car industry have gone up 14 % 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 (RM 270,355.5) and the the last two years that were studied (2016, 2017) with a price of RM 307,152.
The graph that displays the price for Lexus RX cars according to their mileage shows that those cars within a mileage range of "100,000 - 200,000" are the ones with the lowest price. They are 59 % more affordable than the average price (RM 314,595). Next with a price of RM 139,024 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 1% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at RM 274,387.