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U.S. Patent No. 12,236,477 — Patented Automotive Data Standardization Technology
OAV

2023 Lexus RX Hybrid 500h

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Vehicle Details

VIN2T2BCMEA8PC003703
Trim500h
Exterior ColorOrange
Drivetrain4WD
Engine2.4L I4
TransmissionAutomatic
Fuel TypePremium Unleaded
Inventory Typeused
Days on Lot22

500h

Fair Price
$61,07512,986 mi

Farmingdale, NY 11735

Is this 2023 Lexus RX Hybrid 500h a good deal?

OAV verdict: Fair Price

Why: Listed at $61,075, comparable market range $44,300–$61,245, based on 15 comparable listings. Days on lot: 22 days (market average 58 days).

Market price position

$61,075 · within market range

Comparable range
$44,300 – $61,245
vs. market
$16,775 above low · $170 below high
Comparable vehicles
15

Market Retail Price (MRP™)

$52,773

This vehicle $61,075 · $8,302 (16%) above MRP

MRP™ is the midpoint of the comparable market range — the representative price the market is asking for similar vehicles. How MRP works.

True Retail Value (TRV™)

$57,847

This vehicle $61,075 · $3,228 (6%) above TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-08-17) — an estimate, not an appraisal. How TRV works.

Demand-Verified· Faster recent sell-through, still within the typical window
Faster recent sell-through

Comparable vehicles nationally recently sold in an estimated 1447 days, and this listing is still within that typical selling window.

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 are rebuilt from the market snapshot shown above.

Regional Range$44,300 – $61,245

Stoler Lexus

Farmingdale, NY

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About This 2023 Lexus RX Hybrid

Listing updated: Aug 17, 2026

Listed by a franchise dealer in Farmingdale, NY · On lot for 22 days · VIN verifiable at NHTSA

This used 2023 Lexus RX Hybrid 500h is listed at $61,075 by stoler lexus in Farmingdale, NY 11735. It has 12,986 miles on the odometer (dealer-reported, not independently verified by OAV). The exterior color is Orange. It features a 4WD drivetrain with a 2.4L I4 engine and Automatic transmission.

OAV's independent, evidence-backed Price-to-Market analysis rates this vehicle as Fair Price — priced at market value. Based on 15 comparable listings matched to this vehicle, the estimated market range is $44,300 to $61,245. These comparisons match year, make, model, and market, using trim where trim data supports it. OAV does not adjust comparables for odometer — where mileage would distort a verdict, it withholds one instead.

This vehicle has been on the lot for 22 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 Farmingdale, NY 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, using trim where trim data supports it. OAV does not adjust comparables for odometer; on very high-mileage vehicles it withholds a verdict rather than overstate a discount the odometer explains. 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 Farmingdale, NY, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 2T2BCMEA8PC003703 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 processed daily; Price-to-Market analysis uses comparable vehicles within the same geographic market.

2023 Lexus RX Hybrid Market in NY

NY Market Listings

40

Average Price

$54,112

Price Range

$38,170–$63,106

Avg Days on Lot

58

Based on all 40 2021-2025 Lexus RX Hybrid listings in the NY market, the average asking price is $54,112. This listing at $61,075 is $6,963 above the broader NY average (13% above the NY average). This is a wider, all-trim comparison across NY; OAV's price verdict above uses the closer comparable set. Comparable prices in NY range from $38,170 to $63,106. Similar vehicles spend an average of 58 days on dealer lots in this market.

Similar Lexus RX Hybrid Listings in NY

8 similar listings shown (closest matches within ±2 model years) and ±30,000 miles (subject trim: 500h — compare trims below)