Vehicle Details
2023 Lexus RX Hybrid
500h
Raleigh, NC 27616
Is this 2023 Lexus RX Hybrid 500h a good deal?
OAV verdict: Great Deal
Why: Listed at $48,980, comparable market range $53,594–$61,497, based on 29 comparable listings. Days on lot: 15 days (market average 22 days).
Market price position
$48,980 · $4,614 below market low
- Regional range
- $53,594 – $61,497
- vs. market low
- — $4,614 (9% below)
- Comparable vehicles
- 29
Similar vehicles recently sold in an estimated 25–75 days.
Market Breakdown
Local = comparable listings in the same metro. Regional = comparable listings across the broader state or multi-state region. Both ranges refresh daily.
Dealer Info
Raleigh, NC
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About This 2023 Lexus RX Hybrid
Listing updated: May 19, 2026Listed by a franchise dealer in Raleigh, NC · On lot for 15 days · VIN verifiable at NHTSA
This used 2023 Lexus RX Hybrid 500h is listed at $48,980 by a franchise dealer in Raleigh, NC 27616. It has 88,782 miles on the odometer. The exterior color is Black. 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 a Great Deal — priced below market value. Based on 29 similar vehicles in the Raleigh market, the estimated market range is $53,594 to $61,497.
This vehicle has been on the lot for 15 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 Raleigh, NC 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.
This rating refreshes daily as inventory enters and leaves the market. The dealer on this listing has not yet activated on OAV, so the business name and contact details are anonymized here. Activated (paying) dealers appear with their verified business name and a Verified badge.
How this listing is verified
This vehicle listing was aggregated from a franchise dealer in Raleigh, NC, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 2T2BCMEAXPC009888 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 NC
Comparable Vehicles
818
Average Price
$57,301
Price Range
$30,995–$68,134
Avg Days on Lot
22
Based on 818 comparable 2021-2025 Lexus RX Hybrid listings in NC, the average asking price is $57,301. This listing at $48,980 is $8,321 below average (15% below market). Comparable prices in NC range from $30,995 to $68,134. Similar vehicles spend an average of 22 days on dealer lots in this market.
Similar Lexus RX Hybrid Listings in NC
6 comparable vehicles within ±2 model years and ±30,000 miles (subject trim: 500h — compare trims below)
2023 Lexus RX Hybrid
500h
Charlotte, NC
2021 Lexus RX Hybrid
450h F SPORT
Durham, NC
2021 Lexus RX Hybrid
450h F SPORT
Jacksonville, NC
2021 Lexus RX Hybrid
450h
Cary, NC
2021 Lexus RX Hybrid
450h
Raleigh, NC
2021 Lexus RX Hybrid
450h
Fuquay-Varina, NC