1997 Lexus LS Depreciation
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1997 Lexus LS
A 1997 Lexus LS has depreciated $445 or 12% in the last 3 years and has a current resale value of $3,258 and trade-in value of $1,635.
A 1997 Lexus LS has depreciated $445 or 12% in the last 3 years and has a current resale value of $3,258 and trade-in value of $1,635.
The 1997 Lexus LS is in the 75-100% percentile for depreciation among all 1997 Sedans.
1997 Lexus LS Annual Depreciation
Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
|---|---|---|---|---|---|
2022 | + $364 | $3,703 | $2,390 | ||
2023 | $268 | $3,435 | $1,906 | ||
2024 | $123 | $3,312 | $1,786 | ||
Now | $54 | $3,258 | $1,635 |
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2-Year Forecasted Depreciation
*Depreciation for the last 12 months of the private party resale value.
1997 Lexus LS Depreciation
Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.
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Managing 1997 Lexus LS Depreciation
Get the most out of your car when it's time to sell or trade. Check out our expert tips below to minimize depreciation and help keep your car's value higher.
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FAQs
According to Kelley Blue Book, a 1997 Lexus LS depreciated about 12% over the last three years. Generally the 1997 Lexus LS is in the 75-100% percentile for depreciation among all 1997 Sedans. However, depreciation can vary depending on vehicle condition and mileage.
According to Kelley Blue Book, the 1997 Lexus LS is in the 75-100% percentile for depreciation among all 1997 Sedans. Over the last 3 years it retained 88% of its value.
A 1997 Lexus LS has depreciated an average of about $148 per year for the last 3 years. It has dropped a total of $445 in value in that time and has a current resale value of $3,258 and a trade-in value of $1,635. Generally the 1997 Lexus LS is in the 75-100% percentile for depreciation among all 1997 Sedans.
A 1997 Lexus LS has depreciated 12% in the last 3 years and has a resale value of $3,258. Overall, the 1997 Lexus LS is in the 75-100% percentile for depreciation among all 1997 Sedans.
A 1997 Lexus LS has depreciated 12% over the last 3 years on average. There are various factors that can impact this, however, including vehicle condition, mileage, and your location.