Vehicle Details
2020 Lexus RX
350
Merrillville, IN 46410
Is this 2020 Lexus RX 350 a good deal?
OAV verdict: Fair Price
Why: Listed at $40,261, comparable market range $26,337–$41,735, based on 14 comparable listings. Days on lot: 7 days (market average 35 days).
Market price position
$40,261 · within market range
- Regional range
- $26,337 – $41,735
- vs. market
- $13,924 above low · $1,474 below high
- Comparable vehicles
- 14
Market Retail Price (MRP™)
$34,036This vehicle $40,261 · $6,225 (18%) 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™)
$39,712This vehicle $40,261 · $549 (1%) above TRV
TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-07-27) — an estimate, not an appraisal. How TRV works.
Similar vehicles recently sold in an estimated 11–41 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 are rebuilt from the market snapshot shown above.
Art Hill Ford
Merrillville, IN
OAV routes your inquiry; pricing, taxes, fees, and availability come from the dealer.
Request availability and out-the-door price
OAV will route your inquiry to Art Hill Ford for current availability of this 2020 Lexus RX 350 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 2020 Lexus RX
Listing updated: Jul 27, 2026Listed by a franchise dealer in Merrillville, IN · On lot for 7 days · VIN verifiable at NHTSA
This used 2020 Lexus RX 350 is listed at $40,261 by art hill ford in Merrillville, IN 46410. It has 22,488 miles on the odometer. The exterior color is Blue. It features a 4WD drivetrain with a 3.5L V6 engine and Automatic transmission.
OAV's AI-powered Price-to-Market analysis rates this vehicle as Fair Price — priced at market value. Based on 14 similar vehicles in the Merrillville market, the estimated market range is $26,337 to $41,735.
This vehicle has been on the lot for 7 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 Merrillville, IN 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 2020 Lexus RX 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 Merrillville, IN, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 2T2HZMDA5LC239259 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.
2020 Lexus RX Market in IN
Comparable Vehicles
58
Average Price
$33,992
Price Range
$20,420–$48,490
Avg Days on Lot
35
Based on 58 comparable 2018-2022 Lexus RX listings in IN, the average asking price is $33,992. This listing at $40,261 is $6,269 above average (18% above market). Comparable prices in IN range from $20,420 to $48,490. Similar vehicles spend an average of 35 days on dealer lots in this market.
Similar Lexus RX Listings in IN
8 comparable vehicles within ±2 model years and ±30,000 miles (subject trim: 350 — compare trims below)
2018 Lexus RX
350
Greenfield, IN
2019 Lexus RX
350
Fort Wayne, IN
2019 Lexus RX
350
Fishers, IN
2019 Lexus RX
350
Rushville, IN
2020 Lexus RX
350
Fort Wayne, IN
2020 Lexus RX
350
Indianapolis, IN
2020 Lexus RX
350
Indianapolis, IN
2021 Lexus RX
350
Terre Haute, IN