
Lexus LX
1998 to 2007 · SUV
A 1998 Lexus LX cost $47,900 new. Over the past 12 months, 85 have sold publicly at a median of $16,799. The Shifty Estimate for a well-kept example is $12,300. Across the sales we have on file, prices ran from $5,350 to $67,000, depending on mileage, color, and history.
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- Median · 12 mo
- $16,799
- Sales · 12 mo
- 85
- Original MSRP
- $47,900Down 74% since new
The market
Community
Latest results


Sold $11,080

Sold $15,000

Sold $11,750

Sold $6,000

Sold $23,500
Specifications
- Engine
- V8, 4.7L
- Power
- 230 hp
- Torque
- 320 lb-ft
- 0 to 60
- 10.7 s
- Top speed
- 112 mph
- Transmission
- Automatic
- Drivetrain
- 4WD
- Original MSRP
- $47,900
Common questions
How much does a Lexus LX cost?
A 1998 Lexus LX cost $47,900 new. Over the past 12 months, 85 have sold publicly at a median of $16,799. The Shifty Estimate for a well-kept example is $12,300. Across the sales we have on file, prices ran from $5,350 to $67,000, depending on mileage, color, and history.
What is a 1998 Lexus LX worth today?
The Shifty Estimate is $12,300, down 3.0% over the past 12 months. That sits below the $16,799 median of actual sales because the estimate weights the most recent results most heavily, and recent sales have come in under the longer-run median. Confidence is high: 85 public sales in a year gives a firm read.
Is a Lexus LX a good investment?
It has depreciated 74% against its $47,900 list price. Values are down 3.0% over the past 12 months. The caution is spread, not direction: across the sales we have on file, prices ran from $5,350 to $67,000, and mileage explains most of that.
How many Lexus LX have sold?
Shifty has 131 public sales of the Lexus LX on file. The earliest was on Aug 19, 2020.
What has a Lexus LX sold for at auction?
The 3 most recent public sales we have on file:
- $16,500Oct 23, 2026Black · 204,500 mi
- $10,500Oct 21, 2026Classic Silver Metallic · 231,700 mi
- $11,080Oct 19, 2026Blizzard Pearl · 259,600 mi
About the 1998 Lexus LX
The first-generation Lexus LX represented Toyota's bold entry into the luxury SUV market, directly challenging the Range Rover's dominance. Built on the legendary Land Cruiser 100 Series platform, the LX combined Toyota's bulletproof reliability with Lexus refinement. The 4.7-liter V8 produced 230 horsepower initially, later bumped to 268hp in 2003, paired with full-time 4WD and a sophisticated suspension system. What sets the LX apart is its genuine off-road capability wrapped in luxury, leather seating for eight, premium audio, and meticulous build quality that Toyota was famous for. Production numbers were relatively low compared to German rivals, making clean examples increasingly sought after. Today's collectors appreciate the LX for its honest engineering and durability; many examples easily surpass 200,000 miles with proper maintenance. As overlanding culture grows, these capable luxury trucks are finding new appreciation among enthusiasts seeking adventure without sacrificing comfort.
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