Real price data

What should you pay for a 2023 Lexus Es?

Original MSRP

$41,440

When new

Fair market price

$38,827

Mileage-adjusted

Below MSRP

$2,613

A fair used price

Where prices land

$31,188Fair price $38,827$50,078

25th $38,000 · 75th $42,795 · MSRP $41,440

Spread of current 2023 Lexus Es listings · 25th–75th percentile marked.

Negotiating leverage

43

out of 100

moderate leverage

~39 days of national supply — moderate negotiating leverage.

Ridekick's negotiating-leverage score blends national Market Day Supply with how far listings sit above the mileage-adjusted fair price. Higher means more room to negotiate.

Market demand & negotiating leverage

39days of supply

Balanced market

Supply and demand are roughly balanced for the 2023 Lexus Es.

National Market Day Supply — how long it would take to sell the current used 2023 Lexus Es inventory at the recent sales rate (lower means it sells faster). Source: MarketCheck.

Estimated dealer cost (invoice)

$38,125$39,782

Estimated dealer invoice — about $41,440 MSRP minus a typical 48% manufacturer margin.

An estimate, not a sourced figure. Actual dealer invoice varies with manufacturer incentives, holdback, and regional pricing.

Fair price by trim

TrimFair priceMSRPEst. dealer cost
250$34,583$41,440$38,125–$39,782
350$38,430$41,940$38,585–$40,262
350 F SPORT Handling$40,696$48,400$44,528–$46,464
350 Ultra Luxury$43,401$50,230$46,212–$48,221
350 Luxury$43,995$46,610$42,881–$44,746
350-f-sport-design$46,025$42,343–$44,184
250
$34,583
350
$38,430
350 F SPORT Handling
$40,696
350 Ultra Luxury
$43,401
350 Luxury
$43,995

Safety & recalls

2 open NHTSA recalls on record for the 2023 Lexus Es.

BACK OVER PREVENTION:DISPLAY FUNCTION

Toyota Motor Engineering & Manufacturing (Toyota) is recalling certain 2023 Mirai, Lexus LS500, LS500H, 2023-2024 Lexus ES250, ES300H, ES350, 2024 Lexus LC500, and LC500H vehicles equipped with a Panoramic View Monitor (PVM) system. Due to incorrect programming of the parking-assist electronic control unit (ECU) software, the rearview camera image may not immediately display within a couple of seconds after the shifter is placed into reverse. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard number 111, "Rear Visibility."

Remedy: Dealers will update the parking assist ECU software, free of charge. Owner notification letters were mailed April 10, 2024. Owners may contact Toyota customer service at 1-800-331-4331. Toyota's numbers for this recall are 24TA01 and 24LA01.

Campaign 24V124000 · 21/02/2024

BACK OVER PREVENTION:DISPLAY FUNCTION

Toyota Motor Engineering & Manufacturing (Toyota) is recalling certain 2022-2026 Toyota, Lexus, and Subaru Solterra vehicles equipped with a Panoramic View Monitor (PVM) system. Please see the recall report for a complete list of models. A software error may cause the rearview camera to freeze or display a blank screen when the vehicle is in reverse. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard (FMVSS) number 111, "Rear Visibility."

Remedy: Dealers will update the parking assist software, free of charge. Owner letters were mailed January 2, 2026. Owners may contact Toyota's customer service at 1-800-331-4331. Toyota's numbers for this recall are 25TB13 and 25LB06. Subaru's number for this recall is WRE25.

Campaign 25V744000 · 30/10/2025

Source: NHTSA. Contact your dealer to schedule a free recall repair.

Frequently asked questions

What is a fair price for a 2023 Lexus Es?

A fair, mileage-adjusted price is about $38,827, within a typical market range of $38,000 to $42,795.

Is the 2023 Lexus Es cheaper than MSRP?

Yes — its original MSRP was about $41,440, so a fair used price is roughly $2,613 below MSRP.

Is now a good time to buy a 2023 Lexus Es?

There are about 39 days of national market supply for the 2023 Lexus Es Supply and demand are roughly balanced for the 2023 Lexus Es.

How much can you negotiate on a 2023 Lexus Es?

Negotiating leverage rates 43/100 (moderate). ~39 days of national supply — moderate negotiating leverage.

What does the dealer pay for a 2023 Lexus Es?

The estimated dealer cost (invoice) is roughly $38,125$39,782 — its $41,440 MSRP minus a typical 48% margin. An estimate; actual invoice varies.

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Prices are computed from live market listings, adjusted for mileage, and aggregated by trim · updated 6/23/2026. Estimates only; your price depends on condition, options, and location.