Real price data
What should you pay for a 2016 Lexus Ls?
Original MSRP
$72,520
When new
Fair market price
$23,258
Mileage-adjusted
Below MSRP
$49,262
A fair used price
Where prices land
25th $22,990 · 75th $30,998 · MSRP $72,520
Spread of current 2016 Lexus Ls listings · 25th–75th percentile marked.
Negotiating leverage
97
out of 100
strong leverage
~87 days of national supply — strong leverage to negotiate.
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
87days of supply
Buyer's marketInventory is moving slowly, so buyers typically have more room to negotiate on a 2016 Lexus Ls.
National Market Day Supply — how long it would take to sell the current used 2016 Lexus Ls inventory at the recent sales rate (lower means it sells faster). Source: MarketCheck.
Estimated dealer cost (invoice)
$66,718–$69,619
Estimated dealer invoice — about $72,520 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 |
|---|---|---|---|
| Base | $23,089 | $72,520 | $66,718–$69,619 |
| L | $26,489 | $78,820 | $72,514–$75,667 |
- Base
- $23,089
- L
- $26,489
Frequently asked questions
What is a fair price for a 2016 Lexus Ls?
A fair, mileage-adjusted price is about $23,258, within a typical market range of $22,990 to $30,998.
Is the 2016 Lexus Ls cheaper than MSRP?
Yes — its original MSRP was about $72,520, so a fair used price is roughly $49,262 below MSRP.
Is now a good time to buy a 2016 Lexus Ls?
There are about 87 days of national market supply for the 2016 Lexus Ls — Inventory is moving slowly, so buyers typically have more room to negotiate on a 2016 Lexus Ls.
How much can you negotiate on a 2016 Lexus Ls?
Negotiating leverage rates 97/100 (strong). ~87 days of national supply — strong leverage to negotiate.
What does the dealer pay for a 2016 Lexus Ls?
The estimated dealer cost (invoice) is roughly $66,718–$69,619 — its $72,520 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 6/24/2026. Estimates only; your price depends on condition, options, and location.