Nauticalx

Folks,

I'm looking into a 2016 Rx, or a new 2019 Rx. These things don't depreciate much so it's like why buy used? My question is not that, nor is it that 2019 is more reliable than 2016, rather, it is:

What differences are there between the two years? Absent the safety system + being standard, are all the options available in 2019 the same as were available in 2016?

Thanks in advance.

Cocal

As far as I know only the safety package is missing from the 2016. Beware though that now that this pkg is standard those units w/o will take a big hit on resale value.

coolsaber

The RX depreciates considerably, compared to its BOF breatheren, and class competitors since it sells in such huge numbers. That being said I think the only thing you need to worry about is option vs option list, and whether any issues exist for the infamous drone on your specific model used.

Run the numbers, do your due diligence and proceed. GLWB

N4TECguy

The newer models use 4G for their communication systems (SOS and Lexus Enform), where the old models use 3G. I forget when this switch happened, but a member on here from Alaska had a major issue because his neck of the woods didn't have 4G, so none of that stuff worked for him. I believe 4G started in 2018, but am not 100% sure

The newer models also come with 10 years of remote start and connected app usage for free, where the old models were only 1 year I think. Believe this started in 2018.

If searching for a hybrid, only the 2016 was available as a FWD hybrid, rated at 31/30mpg instead of the 2016 AWD at 30/28. From 2017 onwards, the FWD hybrid was dropped and the AWD mpg was upped to 31/28 (1mpg improvement city, 0 on the highway).

If you want a more basic hybrid, you have to start from 2018 models. These had several features removed to reduce the base price. The removed features include leather, heated and vented seats, moonroof, nav, and BSM. If you do not want one or all of these features, then you can't buy a 16/17 hybrid.

Nauticalx

thanks everyone for the responses. i guess what I meant for depreciation is that I've seen listings for 2017 and 2018 used units for high 40s. When you can get a new one at like 8k off list, (or low 50s). i dont see why not to pay the little extra to get brand new. in a sense, the old adage, " you lose 20% driving off the lot" doesn't seem to hold true for these vehicles.

coolsaber

Yup +1. 2+ year old vehicles just dont have that much value if you check on new vehicle prices. I`d wager you can get a monster deal on a leftover 18 if you can find one to your spec.

Nauticalx

As of April, there are leftover new 18s on dealer lots? Seriously?

lesz

The 0-2 year old CPO vehicles are generally among the worst buys available in the auto market.

There are a large number of people who would want to buy a 2017 or 2018 CPO vehicle because they think they are buying an "almost new" vehicle at at a highly discounted price. At the same time, not many 2017 or 2018 vehicles have yet come back to dealers in the form of trade-ins or lease returns. The combination to high demand and low supply leads to highly inflated prices. Then, when you add in the $2500 or so premium for the CPO certification, the prices of those 2017 or 2018 vehicles starts to approach the prices available for a new vehicle. Further, dealers tend to hold pretty close to the advertised (and inflated) prices because they know that there are a large number of buyers who have no idea just how much new vehicles are discounted. The dealers know that, eventually, someone will come along who doesn't realize how little more he/she would have to add to the CPO price to buy a new vehicle.

Nauticalx

Your response is SPOT on accurate!

Gravel350

Here in Ontario Canada they seem to depreciate fast enough... Bought 2016 F-Sport 3 (Canadian package with all the options) for about 57% of new price and it had 25K miles and was in service for 2 years.

We will put 25k miles per year so we will use all of the remaining warranty (no problems so far). Planning to put 200,000 miles on it, we get lots of snow and salt on the road.

If you compare a well equiped used one to a new base model, it may seem cheaper to buy new...

GregC2

Just bought a fully loaded 2018 RX 450 2 weeks ago in Atlanta for 20% off MSRP. They had 2 identical vehicles on the lot.

JSracer

nice find, say what was msrp on them ??

GregC2

$62,474. There was also another identical RX-450 with the same MSRP in Charlotte NC when I was negotiating. Not sure if its still on the lot

Nauticalx

wow, what dealer?

coolsaber

Yup. Check the inventory. Non Ls and Ls.