Vehicle Details
2023 Lexus RX Hybrid
500h
Novi, MI 48375
Is this 2023 Lexus RX Hybrid 500h a good deal?
OAV verdict: Unscored
Why: Listed at $55,159, comparable market range $53,111–$62,127, based on 8 comparable listings. Days on lot: 14 days (market average 43 days).
Market price position
$55,159 · within market range
- Regional range
- $53,111 – $62,127
- vs. market
- $2,048 above low · $6,968 below high
- Comparable vehicles
- 8
Similar vehicles recently sold in an estimated 10–41 days.
What does Demand-Verified mean?
Market Breakdown
Local = comparable listings in the same metro. Regional = comparable listings across the broader state or multi-state region. Both ranges refresh daily.
Suburban Collection
Novi, MI
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Request availability and out-the-door price
OAV will route your inquiry to Suburban Collection for current availability of this 2023 Lexus RX Hybrid 500h and an out-the-door price quote (taxes, fees, addons included).
OAV routes your inquiry; pricing, taxes, fees, and availability come from the dealer.
About This 2023 Lexus RX Hybrid
Listing updated: Jul 2, 2026Listed by a franchise dealer in Novi, MI · On lot for 14 days · VIN verifiable at NHTSA
This used 2023 Lexus RX Hybrid 500h is listed at $55,159 by suburban collection in Novi, MI 48375. It has 39,859 miles on the odometer. The exterior color is White. It features a 4WD drivetrain with a 2.4L I4 engine and Automatic transmission.
OAV's AI-powered Price-to-Market analysis rates this vehicle as Unscored due to insufficient comparable data. Based on 8 similar vehicles in the Novi market, the estimated market range is $53,111 to $62,127.
This vehicle has been on the lot for 14 days.
Analysis powered by OAV's patented inventory standardization technology (U.S. Patent No. 12,236,477).
Market context
This listing is part of OAV's broader Novi, MI suvs market analysis. OAV compares vehicles using local and regional price-to-market ranges, days-on-lot, comparable count, and demand signals where available.
How this deal is rated
OAV compares this 2023 Lexus RX Hybrid against similar vehicles currently available in the local and regional market — same make, model, and year range, filtered for comparable mileage. Based on where this listing falls in that comparable set, it is rated:
- Great Deal — priced below the typical range for comparable vehicles.
- Fair Price — priced within the expected range for comparable vehicles.
- Overpriced — priced above the typical range for comparable vehicles.
Listings show OAV's PTM-derived deal quality and live market context. OAV-claimed dealers manage their listing profile and route buyer inquiries directly. Paid OAV partners surface additional verification signals.
How this listing is verified
This vehicle listing was aggregated from a franchise dealer in Novi, MI, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 2T2BCMEA6PC005126 can be independently verified via the U.S. Department of Transportation's NHTSA VIN decoder, and safety recalls at NHTSA's recall database.
Vehicle attributes (year, make, model, trim, mileage, location) are standardized using OAV's patented methodology (U.S. Patent No. 12,236,477), which normalizes naming conventions and deduplicates cross-listed inventory across the dealership network. Listing data is refreshed daily; Price-to-Market analysis uses comparable vehicles within the same geographic market.
2023 Lexus RX Hybrid Market in MI
Comparable Vehicles
68
Average Price
$54,792
Price Range
$29,000–$68,405
Avg Days on Lot
43
Based on 68 comparable 2021-2025 Lexus RX Hybrid listings in MI, the average asking price is $54,792. This listing at $55,159 is $367 above average (1% above market). Comparable prices in MI range from $29,000 to $68,405. Similar vehicles spend an average of 43 days on dealer lots in this market.
Similar Lexus RX Hybrid Listings in MI
8 comparable vehicles within ±2 model years and ±30,000 miles (subject trim: 500h — compare trims below)
2023 Lexus RX Hybrid
500h
Ann Arbor, MI
2023 Lexus RX Hybrid
500h
Ann Arbor, MI
2024 Lexus RX Hybrid
500h
Dearborn, MI
2025 Lexus RX Hybrid
500h
Ann Arbor, MI
2024 Lexus RX Hybrid
500h
Ann Arbor, MI
2025 Lexus RX Hybrid
350h
Southfield, MI
2025 Lexus RX Hybrid
350h
Utica, MI
2024 Lexus RX Hybrid
350h
Grand Rapids, MI