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5 Reasons Why the Lexus RZ Is Depreciating at a Rapid Rate
By Brett Foote

Lexus' first mass global EV is losing value faster than most new vehicles.

asj2024

Hybrids (HEV) and plug-ins (PHEV) are the way to go for now. As said in the article, EVs all over are losing value fast. I would not touch that model (or any EV) until the entire industry is sorted out.

Saying that, it's pretty obvious the future is not ICE-only. People are being conditioned to look at those as legacy products that will go away someday.

asj2024

All BEVs are depreciating fast right now due to price cuts and slowing demand, led by Trsla models.

https://qz.com/tesla-resale-value-de...uts-1851327545

anoop

That is why they are offering huge incentives. In some sense the dealer (or Lexus?) is eating a lot of the depreciation. RZ at local dealer is $3K off and they are the most greedy type of dealer so I'm sure it can be had for much, much more off. By contrast they are still trying to charge markup on NX hybrid.

NicestRide

15k - 20k off is normal on the RZ around New England where I am.

That changes the proposition completely.

It's a fantastic car @ this lower price.