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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Shifty Estimate
$12,300
High confidence · $6K to $20K
Down 3.0% over 12 months
Nov 2025Rolling 6-month medianNov 2026
Median · 12 mo
$16,799
Sales · 12 mo
85
Original MSRP
$47,900Down 74% since new

The market

Every recorded 1998 Lexus LX sale, by date and price
Oct 2026 · Cars & Bids
$16,500 · 204,500 mi · Black
See this car
$20k$40k$60kNov 20212023202420252026SHIFTY ESTIMATE $12k
Sold Bid to, not sold
102 sales · 24 unsoldmedian $17kupdated Oct 2026

Community

Latest results

The newest 1998 Lexus LX sales with photographs
1998 Lexus LX, sold Oct 2026

Sold $10,500

2006 · Classic Silver Metallic · 231,700 mi
Oct 21, 2026 · Cars & Bids
1998 Lexus LX, sold Oct 2026

Sold $11,080

2004 · Blizzard Pearl · 259,600 mi
Oct 19, 2026 · Cars & Bids
1998 Lexus LX, sold Oct 2026

Sold $15,000

2004 · Blue Vapor Metallic · 242,100 mi
Oct 6, 2026 · Cars & Bids
1998 Lexus LX, sold Sep 2026

Sold $11,750

2006 · Crystal White Pearl · 334,600 mi
Sep 24, 2026 · Cars & Bids
1998 Lexus LX, sold Sep 2026

Sold $6,000

2001 · Blue Vapor Metallic · 257,100 mi
Sep 22, 2026 · Cars & Bids
1998 Lexus LX, sold Sep 2026

Sold $23,500

2000 · Riverock Green Mica · 86,500 mi
Sep 18, 2026 · Cars & Bids
Other LX generations

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.

Sales and listings

Showing 20 of 162 on file

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