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
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 marketSupply 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 4–8% manufacturer margin.
An estimate, not a sourced figure. Actual dealer invoice varies with manufacturer incentives, holdback, and regional pricing.
Fair price by trim
| Trim | Fair price | MSRP | Est. 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 4–8% 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.