KBB: 2020 Lexus RX: Lowest Cost to Own Among 2-Row Midsize Luxury SUVs

February 18th, 2020 by

Predicted 5-Year Cost to Own: $56,252

Lexus continues to play to its strong suit in building vehicles with high quality, reliability, and dependability. All of that translates into solid resale value. Just as it helped to create the luxury crossover SUV segment, the 2020 Lexus RX continues to dominate the category with its record for delivering class-leading 5-Year Cost to Own figures.

While Toyota’s luxury division now offers a 3-row L variant of the RX, the preponderance of sales continues to be the shorter 2-row versions. As a result, we’ve kept this vehicle in its original category. There are two models to choose from in the 2-row range: the standard RX 350 powered by a 295-horsepower 3.5-liter V6 with an 8-speed automatic transmission driving the front wheels (all-wheel drive is optional), or the range-topping RX 450h Hybrid which uses a detuned 3.5-liter V6 rated at 259 horsepower with an electric motor that boosts total system output to 308 horsepower and 247 lb-ft of torque. In addition to higher performance, this all-wheel-drive system is able to deliver fuel economy of 31 mpg city and 28 mpg highway.

Lexus traditionally stresses a luxurious cabin and a quiet ride as its chief selling points, but it has also adopted edgier exterior styling to give the brand a more contemporary aura. By delivering the ride and handling characteristics that have created a loyal base, Lexus has also managed with its design to win over a more youthful audience. Sales of the Lexus RX continue to be strong, holding at about 111,000 over the past two years.

Starting at $45,175 (including the $1,025 destination charge) for the front-drive Lexus RX 350 and ranging up through $47,825 base for the Hybrid, the 2020 Lexus RX delivers the category’s lowest 5 Year Cost to Own thanks to its good fuel economy, high quality and above all outstanding resale value.

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