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 in June was of RM 313,421. This price hardly went through any changes and remained at RM 314,595 during July. The average selling price has remained fairly constant during the following two months, going from RM 314,008 to RM 316,402.5. During the last couple of months, the average price has hardly changed, remaining the same going from RM 315,205.25 to RM 316,182.5 during October and November.
The average price for Lexus RX has had a strong rise in recent years. Between 2008 and 2014, the average price is RM 125,176.71. There was a significant inflation of the average price in 2008 (RM 68,175) moving up till (RM 218,330)in 2014. During the next two years (2015, 2016) the price for the aforementioned model has gone up strongly a 103 %. During the last two years, prices in the car industry have gone up 12 % 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 288,319.25) and the the last two years that were studied (2017, 2018) with a price of RM 322,600.5.
The graph that displays the price for Lexus RX cars according to their mileage shows that those cars within a mileage range of "50,000 - 100,000" are the ones with the lowest price. They are 65 % more affordable than the average price (RM 316,130). Next with a price of RM 243,358 and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 0% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at RM 278,407.