December 22, 2024

Price of Lexus RX300, RX330 & RX350 in Nigeria (2024)

The Lexus RX series is a top choice for luxury SUV enthusiasts in Nigeria. Known for its performance, comfort, and style, the RX300, RX330, and RX350 models continue to dominate the Nigerian market. This comprehensive guide provides an in-depth analysis of these models, their current prices in Nigeria for 2024, and other relevant details to help you make an informed purchase.


Overview of the Lexus RX Series

The Lexus RX series is part of the luxury division of Toyota, combining premium features with reliability. Each model in the series offers something unique, catering to the needs of diverse buyers. Below is a brief overview of the RX300, RX330, and RX350:

  • Lexus RX300: The RX300 is an entry-level luxury SUV offering advanced features and excellent fuel economy. It’s perfect for buyers seeking affordability without compromising on comfort.
  • Lexus RX330: This model is a step up from the RX300, featuring a more powerful engine and additional luxury amenities. It’s a favorite among families and individuals who value performance.
  • Lexus RX350: The RX350 is the flagship model in this lineup. It boasts a robust engine, advanced safety features, and cutting-edge technology, making it a top choice for luxury SUV lovers.

Prices of Lexus RX300, RX330, and RX350 in Nigeria (2024)

The prices of these SUVs vary depending on factors such as condition (new, foreign used, or Nigerian used), model year, and dealer location. Below is a detailed breakdown:

Lexus RX300
  • Brand New: While finding a brand-new RX300 may be challenging since it’s an older model, some dealers might offer newly imported versions. Prices typically range from ₦13 million to ₦17 million.
  • Foreign Used (Tokunbo): Tokunbo RX300 models are quite popular in Nigeria due to their affordability and reliability. Prices usually range from ₦3.5 million to ₦6 million, depending on the year and condition.
  • Nigerian Used: Locally used RX300 models are the most affordable. Prices range from ₦2 million to ₦4.5 million, depending on mileage and maintenance history.
Lexus RX330
  • Brand New: Like the RX300, brand-new RX330 models are rare. Prices can range from ₦15 million to ₦20 million, depending on the dealer.
  • Foreign Used (Tokunbo): Tokunbo RX330 models are highly sought after, with prices ranging from ₦4.5 million to ₦8.5 million.
  • Nigerian Used: Locally used RX330 models typically cost between ₦3 million and ₦5.5 million, depending on the condition and year of manufacture.
Lexus RX350
  • Brand New: The RX350 is widely available as a brand-new model, with prices ranging from ₦35 million to ₦45 million. These models come with the latest features and technology.
  • Foreign Used (Tokunbo): Tokunbo RX350 models are popular for offering excellent value for money. Prices range from ₦12 million to ₦20 million, depending on the year and trim level.
  • Nigerian Used: Locally used RX350 models are priced between ₦10 million and ₦15 million, depending on the vehicle’s condition and mileage.

Factors Influencing Prices

Several factors influence the prices of Lexus RX models in Nigeria. These include:

  1. Model Year: Newer models are generally more expensive due to upgraded features and technology.
  2. Condition: Brand-new cars cost the most, followed by Tokunbo and then Nigerian-used vehicles.
  3. Mileage: Vehicles with lower mileage tend to be more expensive as they are perceived to be in better condition.
  4. Location: Prices may vary depending on the dealer’s location and associated import costs.
  5. Trim Level: Higher trims with more features usually cost more.
  6. Exchange Rates: The fluctuating value of the Naira against foreign currencies affects the prices of imported vehicles.

Where to Buy Lexus RX300, RX330 & RX350 in Nigeria

  1. Car Dealerships: Many reputable dealerships across Nigeria specialize in selling Lexus SUVs. Popular locations include Lagos, Abuja, and Port Harcourt.
  2. Online Platforms: Websites like Jiji, Cars45, and Cheki provide listings for new and used Lexus RX models.
  3. Auction Sites: Importing directly from auction sites like Copart and IAAI can save costs if you’re willing to handle the shipping and customs process.
  4. Private Sellers: You can also find locally used vehicles through private sellers or word of mouth.

Tips for Buying a Lexus RX in Nigeria

  • Set a Budget: Determine how much you’re willing to spend, including insurance and maintenance costs.
  • Inspect Thoroughly: Always inspect the vehicle or hire a trusted mechanic to assess its condition.
  • Verify Documentation: Ensure all necessary documents, such as the customs papers, are valid and complete.
  • Negotiate: Don’t hesitate to negotiate with the seller to get the best deal.
  • Test Drive: A test drive is essential to assess the car’s performance and comfort.

Maintenance Costs

Owning a Lexus RX in Nigeria comes with maintenance responsibilities. Spare parts are readily available, but they can be pricey due to the luxury status of the brand. Regular servicing, oil changes, and tire replacements are essential to keep the vehicle in good condition. It’s advisable to set aside about ₦50,000 to ₦150,000 annually for routine maintenance, depending on usage.


Conclusion

The Lexus RX300, RX330, and RX350 are excellent choices for luxury SUV lovers in Nigeria. Their combination of style, performance, and reliability makes them a top pick in the market. Whether you opt for a brand-new, Tokunbo, or Nigerian-used model, it’s important to consider factors like budget, condition, and maintenance costs before making a purchase. With this guide, you’re well-equipped to find the Lexus RX model that suits your needs in 2024.

 

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