What used Lexus NX estate will I get for my budget?
There are quite a few high-mileage hybrid examples around, thanks in no small part to their appeal as a company car when new. These will now set you back at least £18,000 and are worth a look if you want the cheapest option, as long as they’ve been well maintained. However, if you’re after an early NX 300h with less than 50,000 miles-on-the-clock and a full history, you’ll need to spend around £22,000. If only a non-hybrid petrol model will do, that figure will be closer to £23,000, though keep in mind that NX 200t models are thin on the ground.
Spend between at least £24,000 on 2016 and 2017 models, while between £25,000 and £28,000 will get you a 2018 or 2019 car. For a 2020 or 2021 example, of which most are low mileage cars in excellent condition, you'll need to have at least £30,000 at the ready, with prices exceeding £35,000 in a fair few cases.
If you’re buying an NX registered after 1 April 2017, when the tax laws changed, you’ll need to choose carefully. That's because if it cost over £40,000 when it was new, you’ll be stung for the new higher-rate tax of £335 per year for years two to five of the car's life. If it cost less than that, though, you’ll pay a flat rate of £155 per year if you own a petrol car, or £145 if you own a hybrid one. Buy an NX registered before that date and you can expect to pay either £30 a year for the hybrid or £250 a year for the petrol. Find out more about current road tax costs here.
Insurance and servicing
Insurance groups are middle of the road, and so will be insurance costs. Lexus dealers’ service pricing is clear and transparent, making it easy to budget for your car’s next service. However, Lexus doesn’t offer a special fixed-price service scheme for older cars like those offered by Audi and BMW; that’s particularly salient because the NX’s services tend to cost more as its mileage increases, so make sure you’re aware of the costs involved later in the car’s life so you don’t get a nasty shock down the line.
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