PriceProtect™
DriveShield™
GarageGuard™
Services
Insurance
Car Insurance
Compare Car Insurance with Jerry
Jerry’s Expert Advice
Car Insurance Estimates
Home & Renters Insurance
Renters Insurance
Repairs
Car Repair Estimates
Repair Estimates for Popular Services
Advice
Read Car Content
Browse Jerry Car Advice
Check Out Expert Car QnA
Learn About How We Create Content
Jerry Data & Research
How much is Lexus IS 300 depreciation?
I’m thinking about buying a new luxury car. However, I’ve read that certain models have absurd amounts of depreciation, so I want to avoid them if possible. The Lexus IS 300 looks like a good fit for my style and budget, but how much does its value depreciate?
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Exciting that you’re thinking of adding a new car to your life! Lexus IS 300 depreciation is right around 50% over the first five years of ownership, making it a Lexus vehicle that depreciates at a much faster rate than others.
There are a couple of reasons for the IS 300’s high depreciation rate. Luxury cars aren’t known for their high
resale value
and the IS is an entry-level luxury car, which often has lower demand than high-end models. Add these both together, and the IS 300’s depreciation skews somewhat higher than other Lexus models
.However, the Lexus IS 300 isn’t an anomaly in terms of depreciation in the luxury market. Many
BMW models
depreciate at even higher rates, with the BMW i3
depreciating as much as 69% over five years.View full answer
- Gregory R.
WHY YOU CAN TRUST JERRY
Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
Join 4M+ members in lowering their car insurance
You Might Also Be Interested
Read Advice From Car Experts At Jerry
What Others Are Asking
Browse More Content
Insurance in Your State
Easiest way to compare and buy car insurance
No long forms
No spam or unwanted phone calls
Quotes from top insurance companies