A 2024 Lexus UX will depreciate $18,596 after 5 years and have a 5-year residual value of $18,094. With out of pocket expenses at $31,822, the total Cost to Own of the 2024 Lexus UX is $50,418.
The 2024 Lexus UX is in the top 10% for Cost to Own among all Luxury Subcompact SUV/Crossovers.
When considering the cost of a car, it's important to look beyond the sticker price. Expenses like fuel, maintenance and insurance can add up quickly.
Sometimes a car with a higher initial price tag can actually save you money over the first five years of ownership. Understanding these differences can help you make a smarter financial decision and keep more money in your pocket.
5-Year Cost to Own includes out-of-pocket expenses like fuel, insurance, service & financing, plus the car's loss in value over time (depreciation).
Cost to Own: $50,418
MSRP: $36,690
New 2024 1 of 3 Lexus UX | Add a car to compare cost to own data | Add a car to compare cost to own data | ||
---|---|---|---|---|
Total Out of Pocket Expenses | $31,822 | - | - | |
Fuel | $3,509 | - | - | |
Maintenance | $6,647 | - | - | |
Insurance | $12,705 | - | - | |
Repairs | $1,378 | - | - | |
Financing | $4,941 | - | - | |
State Fees | $2,642 | - | - |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | ||
---|---|---|---|---|---|---|---|
Fuel | $746 | $708 | $689 | $684 | $682 | $3,509 | |
Insurance | $2,541 | $2,541 | $2,541 | $2,541 | $2,541 | $12,705 | |
Financing | $1,708 | $1,368 | $1,009 | $629 | $227 | $4,941 | |
State Fees | $2,518 | $31 | $31 | $31 | $31 | $2,642 | |
Maintenance | $689 | $1,214 | $689 | $3,366 | $689 | $6,647 | |
Repairs | - | - | - | $553 | $825 | $1,378 | |
Depreciation | $7,543 | $2,825 | $2,596 | $2,339 | $3,293 | $18,596 | |
Cost To Own | $15,745 | $8,687 | $7,555 | $10,143 | $8,288 | $50,418 |
As of September 2025 insuring a Lexus UX 2024 will cost approximately $12,705 dollars to insure per year, or $1,058 dollars per month. This amount can vary depending on factors like the age of the driver, driving record, credit rating, location of insured vehicle, vehicle trim and the company providing the insurance. For more information on insuring your vehicle, check out Kelley Blue Book.
As of September 2025 average annual maintenance costs for a Lexus UX 2024 run about $1,329 dollars, totaling approximately $6,647 dollars over five years.
As of September 2025 average annual depreciation for a Lexus UX 2024 runs about $3,719 dollars, totaling approximately $18,596 dollars over five years. It's worth noting that new vehicles depreciate most rapidly in the first couple years after purchase and that rate slows over time.
A Lexus UX 2024 can be expected to depreciate around $18,596 dollars over the course of 5 years, averaging $3,719 dollars per year, with the most dramatic depreciation occurring in the first 2-3 years and tapering off thereafter. Factors impacting the depreciation value of the 2024 Lexus include vehicle age, mileage, make and model, accident history, market demand, service history, and external market factors like gas prices. For a more detailed breakdown of vehicle value, check with the experts at Kelley Blue Book.
Average annual maintenance costs for a Lexus UX 2024 run about $1,329 dollars or $6,647 dollars over the span of 5 years. For a more detailed cost breakdown, check out Kelley Blue Book's car maintenance pages for the 2024 Lexus.