The True Cost of Ownership for a Used Lexus

💰The purchase price of a used Lexus can vary, but expect to pay around $68,000 for a 2018 model with 20,000 miles.

🚗Monthly payments for a used Lexus can amount to $1,175, based on a 6-year loan term with a 3.9% interest rate.

📚Car insurance costs for a used Lexus depend on various factors, such as age, driving record, and location. Expect to pay around $230 per month for full coverage.

🔧Maintenance expenses for a used Lexus, including oil changes, can cost around $170 per service, which is relatively affordable compared to other luxury cars.

⛽Fuel consumption for a used Lexus can average around 24 miles per gallon, providing decent mileage despite aggressive driving habits.

How much does a used Lexus typically cost?

—The cost of a used Lexus depends on factors such as the year, model, mileage, and condition. However, for a 2018 model with 20,000 miles, expect to pay around $68,000.

What are the monthly payments for a used Lexus?

—Monthly payments for a used Lexus can vary based on the purchase price, loan term, and interest rate. On average, expect to pay around $1,175 per month for a 6-year loan term with a 3.9% interest rate.

How much does car insurance cost for a used Lexus?

—Car insurance costs for a used Lexus depend on factors such as age, driving record, and location. On average, expect to pay around $230 per month for full coverage.

What are the maintenance expenses for a used Lexus?

—Maintenance expenses for a used Lexus can vary, but for regular services such as oil changes, expect to pay around $170 per service. Overall, it is relatively affordable compared to other luxury cars.

What is the fuel consumption of a used Lexus?

—The fuel consumption of a used Lexus can vary depending on factors such as the model, engine size, and driving habits. On average, expect to get around 24 miles per gallon.

00:08In this video, the host addresses questions about the cost of ownership for a used Lexus.

00:23The host shares that he purchased a 2018 Lexus with 20,000 miles for $68,000.

01:07He mentions that his monthly payments amount to $1,175 with a 6-year loan term and 3.9% interest rate.

01:58Regarding car insurance, he pays around $230 per month for full coverage due to factors such as age and location.

02:23The host discusses maintenance expenses and states that an oil change costs around $170 at the dealership.

02:31He mentions that filling up 20 gallons of gasoline costs about $50 and shares his average fuel consumption of 24 miles per gallon.

02:41The video concludes with an invitation for viewers to ask questions or subscribe to the channel.

02:44The host encourages viewers to comment, like, and subscribe to his videos.