Lexus RX 350 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 RX 350 cars have gone through a strong rise during the last 6 months. The average price in September was of RM 99,130. This price hardly went through any changes and remained at RM 94,486 during October. During the following two months (November, December) the average selling price experienced a noticeable rise, going up 32 % from RM 96,808 to RM 128,086. The average price has had spectacular rise of 48 % with an average price of RM 112,447 during the previous 4 months and RM 166,438 during the most recent months in January and February.
The average price for Lexus RX 350 has had a strong rise in recent years. Between 2009 and 2015, the average price is RM 100,988.14. There was a significant inflation of the average price in 2009 (RM 61,792) moving up till (RM 146,295)in 2015. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 90 %. During the last two years, prices in the car industry have gone through a strong rise of 27 % 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 (RM 263,129) and the the last two years that have been analyzed (2018, 2023) with a price of RM 334,644.
The graph that displays the price for Lexus RX 350 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 57 % more affordable than the average price (RM 166,662). Next with a price of RM 124,058 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 152% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of RM 124,058.