The price of Lexus RX 350 in Nigeria depends on the year of manufacture. Lexus RX 350 represents a fusion of luxury, performance, and reliability, captivating car enthusiasts worldwide.

The price of Lexus RX 350 in Nigeria is influenced by the model year, condition, and additional features, highlights the importance of having current and comprehensive information. This article aims to shed light on the diverse cost spectrum of the Lexus RX 350, from the 2015 Lexus RX 350 price baseline to the latest 2024 projections, ensuring buyers can make good decisions in the  market with confidence.

Reading through this article, readers will first gain an overview of the Lexus RX 350, revealing what sets it apart in a competitive field. Following this, an in-depth analysis of the Lexus RX 350 price in Nigeria, including various model years like 2020 and 2022, provides a clear picture of the market trends and what to expect for upcoming models like the 2025 Lexus RX 350 and the 2024 Lexus RX 350 F Sport.

Additionally, a comparison with competitors further contextualizes its value proposition. Delving into the pros and cons helps delineate its strengths and limitations, ultimately culminating in a conclusion that encapsulates the vehicle’s standing in Nigeria. By traversing these points, this article endeavors to equip readers with the knowledge required to make empowered purchasing or selling decisions in the Nigerian luxury car market.

Overview of Lexus RX 350

Lexus RX 350 Price: Buy and sell in Nigeria

The Lexus RX 350 has consistently set benchmarks in the luxury SUV segment with its blend of comfort, style, and advanced technology. The latest iterations continue this tradition, offering a thoroughly modernized experience that appeals to both new and loyal consumers.

Key Features of Lexus RX 350

The RX 350 is renowned for its expertly crafted interior, quiet ride, and a long list of standard features, making it a solid value proposition within its class. Recent models, such as the 2024 Lexus RX 350, bring a host of enhancements that boost both aesthetic appeal and functionality. Notable features include a sharp-looking 14-inch touchscreen display known for its clean graphics and quick responses, thematic ambient LED lighting, and a multi-functional steering wheel designed to enhance driving ease. Additionally, the inclusion of Lexus Safety System+ 3.0 underscores the brand’s commitment to safety and driver assistance technologies.

Performance Specs

RX 350 features a turbocharged 2.4-liter four-cylinder engine, replacing the older V6 models. This engine is capable of producing 275 horsepower and 317 lb-ft of torque. While it may not be the quickest in its class, with a 0-60 mph time of around 7.6 seconds for front-wheel drive models, it offers more than sufficient power for typical driving conditions. The eight-speed automatic transmission ensures smooth shifting, contributing to a ride quality that is both controlled and comfortable. Despite some criticisms regarding engine noise under hard acceleration, the vehicle’s overall performance remains well-suited to those prioritizing comfort over sporty dynamics.

Interior and Comfort

The RX 350’s cabin is a testament to Lexus’s attention to detail, balancing luxury and practicality. The interior is equipped with high-quality materials such as soft leather, natural wood inlays, and intuitive controls that are easy to master. Seats are designed for maximum comfort, with available heating and ventilation options. For rear passengers, the space is ample, though headroom can be slightly restrictive for taller individuals. The vehicle also features a three-zone climate control system that effectively maintains a comfortable cabin environment, further enhancing passenger comfort on any journey.

By integrating advanced technology, refined aesthetics, and a focus on passenger comfort, the Lexus RX 350 continues to be a compelling choice for those seeking a luxury SUV that excels in providing a serene and secure driving experience.

Lexus RX 350 Price in Nigeria

Lexus RX 350 Price: Buy and sell in Nigeria

When considering the purchase of a Lexus RX 350 in Nigeria, buyers are presented with options between newer, foreign-used models, often referred to as ‘Tokunbo’, and locally used, or Nigerian-used vehicles. Each category comes with distinct price influenced by the vehicle’s condition, mileage, and year of manufacture.

Lexus RX 350 ModelCar ConditionPrice
Lexus RX 350 2010 Tokunbo (Foreign used) ₦18,900,000
Lexus RX 350 2008 Nigerian Used ₦8,600,000
Lexus RX 350 2011 Tokunbo ₦22,000,000
Lexus RX 350 2013 Tokunbo ₦32,600,000
Lexus RX 350 FWD 2012 Tokunbo ₦26,000,000
Lexus RX 350 2015 Foreign used ₦45,000,000
Lexus RX 350 2009 Foreign used ₦13,800,000
Lexus RX 350 2018 Direct Tokunbo ₦65,000,000
Lexus RX 350 AWD 2014 Foreign used ₦38,000,000
Lexus ES 350 2011 Nigerian used ₦10,000,000
New Lexus RX 2024 Brand New ₦147,000,000
Lexus RX 350 2WD 2020 Foreign used ₦70,000,000
New Lexus RX 2023 Brand New ₦140,000,000
New Lexus RX 2021 Foreign used ₦75,000,000

Tokunbo Lexus RX 350 Price in Nigeria

Lexus RX 350 Price: Buy and sell in Nigeria

Tokunbo models of the Lexus RX 350, which are foreign-used vehicles imported into Nigeria, generally command higher prices due to their typically better condition and lower mileage. For instance, a 2016 Lexus RX 350 with around 83,000 miles is listed at ₦49,615,000 in Lagos, Surulere. Prices can vary significantly based on mileage and the specific features of the vehicle. A 2020 model with only 27,000 kilometers can reach up to ₦72,015,000, reflecting its newer status and lesser wear.

The price also adjusts based on the vehicle’s features and the seller’s location. For example, a 2018 Lexus RX 350 with 59,000 miles is priced at ₦55,015,000 in Lagos, Ikeja. Buyers should be prepared for a significant upfront cost or consider financing options, as these high-quality imports often require a 30% down payment with the balance payable over time through financing.

Nigerian Used Lexus RX 350 Price in Nigeria

Lexus RX 350 Price: Buy and sell in Nigeria

Nigerian-used Lexus RX 350s are typically more affordable but come with higher mileage and signs of wear due to the challenging driving conditions in Nigeria. For instance, a 2008 model with over 152,000 kilometers is priced at ₦9,000,000 in Lagos, Ikorodu. The pricing for these vehicles is influenced by their condition, year, and the extent of use.

A 2010 model with about 152,570 kilometers can be found for ₦15,225,000 in Lagos, Lekki, showing a moderate price for a vehicle with considerable mileage. These vehicles offer a more budget-friendly option for buyers willing to invest in maintenance and who are possibly looking for a shorter-term vehicle solution.

Prospective buyers should conduct thorough inspections and possibly engage trusted mechanics to assess the vehicle’s condition, focusing on critical areas like the engine, tires, and overall bodywork. This approach ensures that the price paid reflects the vehicle’s true condition, safeguarding against overpricing and future repair costs.

Comparison with Competitors

Lexus RX 350 vs BMW X5

When comparing the Lexus RX 350 with the BMW X5, several factors such as price, fuel economy, and interior space are important. The Lexus RX 350 starts at a more affordable price point of $49,950 compared to the BMW X5’s starting MSRP of $66,875. In terms of fuel efficiency, the Lexus RX 350 offers slightly better mileage with 22 MPG in the city and 29 MPG on the highway, whereas the BMW X5 achieves 23 MPG in the city and 27 MPG on the highway.

Cargo capacity is another area of comparison. The BMW X5 provides more space with up to 33.9 ft³ with all seats in place and a maximum of 72.3 ft³ with the second row of seats folded. In contrast, the Lexus RX has 16.0 ft³ with seats in place and a maximum of 72.3 ft³ with the second row of seats folded. However, the Lexus RX offers more legroom in the front row and comparable second-row legroom, making it a comfortable choice for passengers.

User ratings also reflect a preference for the Lexus RX, which scores an average rating of 4.82 out of 5 on TrueCar, compared to the BMW X5’s 4.46. The Lexus RX 350’s higher reliability rating from J.D. Power and inclusion of standard features like lane-keep assist further enhance its appeal over the BMW X5.

Lexus RX 350 vs Audi Q5

In the competition between the Lexus RX 350 and the Audi Q5, reliability and maintenance costs are significant factors. The Lexus RX 350 is renowned for its durability and lower maintenance costs compared to the Audi Q5. Owners of the Lexus can expect fewer issues over the vehicle’s lifespan, which is often extended beyond 250,000 miles with minimal maintenance concerns.

Design and aesthetics also play a role, with the Lexus RX 350 often preferred for its stylish and functional interior over the Audi Q5. In snowy conditions, the Audi Q5’s Quattro system is beneficial, yet the overall cost and reliability factors make the Lexus RX 350 a less risky and more economical choice.

Lexus RX 350 vs Mercedes-Benz GLE

Price and fuel economy are pivotal when comparing the Lexus RX 350 to the Mercedes-Benz GLE. The Lexus RX 350 is priced significantly lower with a starting MSRP of $49,950, whereas the Mercedes-Benz GLE starts at $63,800. The Lexus also edges out in fuel efficiency, offering 22 MPG in the city and 29 MPG on the highway, compared to the GLE’s 20 MPG in the city and 27 MPG on the highway.

While the Mercedes-Benz GLE offers slightly more cargo space with 33.3 ft³ with seats in place, the Lexus RX 350 provides a competitive 32.6 ft³ with the second row of seats folded. Interior space in the Lexus RX is also commendably spacious, with more legroom in the front row compared to the GLE.

In terms of user satisfaction, the Lexus RX 350 again shines with higher ratings from TrueCar users, reflecting its value and performance. The Lexus’s lower maintenance costs and higher resale value further solidify its position as a preferable choice over the Mercedes-Benz GLE for buyers prioritizing cost-effectiveness and reliability.

Pros and Cons

Advantages of Lexus RX 350

The Lexus RX 350 is highly regarded for its robust construction and safety features. It boasts a sturdy exterior made from durable materials such as aluminum, steel, and fiberglass, ensuring reliability and safety. The vehicle is equipped with advanced safety features, including lane-keeping assist, adaptive cruise control, and blind-spot monitoring, which significantly enhance driving safety and convenience.

Under the hood, the RX 350 features a 3.5-liter V6 engine that delivers a commendable 295 horsepower and 267 lb-ft of torque, providing a potent combination of power and smooth driving experience. Additionally, its fuel economy is favorable, especially for city dwellers, with ratings of 18 mpg in the city and 25 mpg on the highway.

The model also stands out for its luxury hybrid options, such as the 2022 Lexus RX 350, designed for comfort, performance, and eco-friendly technology. Lexus’s reputation for reliability is a significant advantage, with many models, especially post-2010, showing low failure rates and high consumer satisfaction. This reliability extends to the used market, where Lexus vehicles are known for their longevity and retaining value over time.

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Potential Drawbacks

Despite its many strengths, the Lexus RX 350 has had its share of issues, particularly with the earlier models. The 2007 model year faced significant criticism due to parts failures and performance issues that did not meet consumer expectations. Common problems reported included dashboard cracking, oil leaks, and steering problems related to the leaking of power steering fluids, posing safety and maintenance concerns.

The early models were also prone to battery failures and had issues with rain-sensing windshield technology, which, while innovative, proved problematic for many users. Additionally, some models experienced illuminated airbag warning lights and rattling doors, which could compromise safety and comfort.

Repair costs for the Lexus RX 350 can vary widely, with more severe issues like transmission replacement being particularly costly. While Lexus models are generally reliable, when repairs are necessary, they can be expensive due to the luxury nature of the vehicle.

In comparison to other luxury vehicles, the Lexus RX 350 offers many advantages, but potential buyers should be aware of the model-specific issues, particularly in older models from 2007 to 2010 and the 2013 to 2014 period. For those considering a purchase, it is advisable to focus on models from years that have received fewer complaints, such as 2011-2015, 2018, 2019, and 2021, to ensure reliability and satisfaction.

Conclusion

Throughout this exploration of the Lexus RX 350’s presence in Nigeria, from its inception to the latest models, we have traversed its stand-out features, performance specifications, and an in-depth look at price variations across both Tokunbo and Nigerian-used categories. The vehicle’s acclaimed blend of luxury, performance, and reliability in the competitive automotive market solidifies its desirability among premium vehicle enthusiasts. By focusing on its comprehensive safety features, user satisfaction, and cost efficiency compared to rivals, the article has offered a meticulous rundown on what prospective buyers can anticipate in terms of value and performance.

Given the dynamic nature of the automotive market, especially within the luxury segment in Nigeria, understanding the intricacies of pricing, the importance of vehicle condition, and model-year specifics is paramount for making informed decisions. The Lexus RX 350 emerges as a distinguished contender, offering a harmonious balance between luxury and practicality, thus serving as a compelling choice for those looking to navigate the premium vehicle landscape in Nigeria. As the market evolves, prospective buyers and sellers alike are encouraged to remain attuned to market trends, ensuring they capitalize on the value and sophistication the Lexus RX 350 continues to offer.

FAQs

What is the current price of a 2019 Lexus RX 350 in Nigeria?

The 2019 Lexus RX 350, a well-regarded crossover in Nigeria, has a starting price of approximately ₦70,500,000 Nigerian Naira (NGN) as of 2020. Keep in mind that the actual cost may differ based on various factors including the car’s location, dealership, taxes, and its condition.

What is the cost of a Tokunbo (used) 2018 Lexus RX 350 in Nigeria?

The price for a Tokunbo 2018 Lexus RX 350 in Nigeria can vary widely. Factors influencing the price include the vehicle’s condition, mileage, and the dealer’s location. It’s advisable to check with local dealers for the most accurate pricing.

How much does the 2024 Lexus RX 350 cost in Nigeria?

The 2024 Lexus RX 350 is priced between $49,950 and $70,080 in the US market. For the Nigerian market, prices are expected to start at around ₦145,000,000 naira and above, primarily due to the exchange rates and customs duties on imported vehicles.

What is considered a reasonable price for a Lexus RX 350?

A fair price for a Lexus RX 350 can depend on several factors, including the model year, vehicle condition, mileage, and the current market conditions. It’s recommended to research recent sales and compare prices from multiple dealers to determine a fair price.

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