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Lexus ES Prices & Markups

Across 1,287 listed Lexus ESs nationwide, the average markup is +$20 vs MSRP and 47% are listed at or below sticker, with a median advertised price of $54,864. Updated daily.

The Lexus ES is the brand's executive sedan and the most popular Lexus sedan by a wide margin. The current generation has been on sale since 2019 with refreshes along the way; a redesigned ES is expected in 2027.

Two gas trims under this model bucket: ES 250 AWD (2.5L gas, four-cylinder, 203 horsepower) and ES 350 (3.5L V6, 302 horsepower, FWD). The ES 300h hybrid is sometimes split into its own model bucket. The 350 with the F SPORT package is the enthusiast pick; the 250 AWD is the cold-weather practical pick.

Pricing has loosened as the current generation matures. Below-MSRP ES deals are widely available, with the deepest discounts on the ES 250 AWD. The F SPORT trims hold firmer. The Northeast sees the most aggressive Lexus retailer competition and tends to offer the best ES pricing.

By Marcus Bell, Editor · Updated May 12, 2026

872

Available of 1,287

+$20

Avg Markup

46.5%

At/Below MSRP

$54,864

Median Price

Only about 68% are actually available. 32% of the 1,287 listed Lexus ESs are already spoken for — pre-sold or on a dealer hold (allocated to a customer), not really for sale. Don’t trust an “in stock” label: confirm a specific car isn’t a hold before you drive over.

Price range: $48,431$70,645

MSRP Trend

Median sticker by month listed

Over the last 6 months, the typical Lexus ES sticker has climbed — a median MSRP of $49,524 in Mar ’26 versus $55,398 in Aug ’26 (+11.9%).

Mar ’26Apr ’26May ’26Jun ’26Jul ’26Aug ’26$49,524$55,398

Median factory MSRP of ESs grouped by the month each was first listed (active + sold), Mar ’26Aug ’26. Based on 054760244472881649 listings. Reflects sticker price, not the dealer's selling price.

Markup Trend

What buyers paid vs MSRP, by week sold

Over the last 12 weeks, what buyers paid for the Lexus ES versus MSRP has risen — discounts are shrinking — from −$14 the week of Jun 1 to +$283 the week of Aug 24 (about $283 over MSRP now).

MSRPJun 1Jun 22Jul 6Jul 20Aug 3Aug 17Aug 24−$14+$283

Average selling price vs MSRP for ESs by the week they sold (left the lot), Jun 1Aug 24. Based on 848 sales. Positive = sold over MSRP, negative = below.

Markup Distribution

How the current ES inventory splits across the markup spectrum. The shape matters more than the average — a tight cluster reads very differently from a bimodal market.

1,287 vehicles with a known MSRP

Under MSRP
22%
286
At MSRP
24%
313
$0–$1K over
39%
501
$1K–$3K over
13%
169
$3K+ over
1%
18

Markup by Listing Age

ES markup holds fairly steady across listing age — neither aging stock nor fresh arrivals price very differently right now.

0–15 days
51% ≤ MSRP
+$247
16–30 days
40% ≤ MSRP
+$262
31–45 days
46% ≤ MSRP
-$201
46–60 days
52% ≤ MSRP
-$176
61–90 days
48% ≤ MSRP
-$127
90+ days
37% ≤ MSRP
-$113

A market snapshot — current listings grouped by how long each has been on the lot, not the same vehicle tracked over time. Bars show the share at or below MSRP; the figure on the right is the average markup for that age band.

How fast ESs sell

Based on 941 ES listings that left dealer lots in the last 90 days.

27

Median days to sell

+$172

Avg sold vs MSRP

55%

Sold at/below MSRP

Recent ES sales closed around $172 over MSRP, in line with what's currently listed.

“Sold” = listings that left dealer inventory; a small share may be de-listed rather than sold. Markup figures exclude implausible feed prices.

Top States

StateCountAvg MarkupBelow MSRP
California518-$67556.8%
Florida106+$26571.7%
Texas89+$63423.6%
New York53+$33624.5%
Washington48+$1,38618.8%
New Jersey42+$84914.3%
Georgia34+$85941.2%
Arizona31+$60819.4%
North Carolina26+$1,1517.7%
Pennsylvania24-$41070.8%
Illinois24-$1062.5%
Oregon20-$32955.0%
Colorado19-$54768.4%
Maryland18+$23444.4%
Tennessee18-$13688.9%
Missouri17+$32952.9%
Virginia17+$85811.8%
Alabama17+$38647.1%
Massachusetts16+$48025.0%
Kentucky14+$59814.3%
See every state ranked by markup — the cheapest states to buy a ES

Best-Priced Dealers

DealerCountAvg Markup
Lexus of Roseville

, CA

9-$2,913
Lexus of Sacramento

, CA

7-$2,803
Lexus of Lehigh Valley

Allentown, PA

5-$2,755
Lexus Santa Monica

Santa Monica, CA

28-$2,694
Lexus El Cajon

, CA

3-$2,572
Jim Falk Lexus of Beverly Hills

, CA

29-$2,450
Lexus San Diego

Carlsbad, CA

12-$2,437
Lexus of Colorado Springs

Colorado Springs, CO

5-$2,413
Lexus Carlsbad

Carlsbad, CA

13-$2,411
Lexus of Orange County

City of Middletown, NY

1-$2,319