Lexus - LS (2002)

Introducing the 2002 Lexus LS – a classic combination of Japanese reliability and timeless luxury. Whether you’re considering a depreciation‑savvy buy or just curious about the overall value, this year’s LS places itself squarely between high‑end sedans and more affordable flagship models from its contemporaries. Many buyers check “Lexus LS price” or “used Lexus LS price” before deciding, and the figures you’ll see today vary widely depending on mileage, condition, and regional market demand.

• Engine: 3.5‑liter V6
• Horsepower: 230 hp (original)
• Torque: 218 lb‑ft
• Transmission: 5‑speed automatic (optional 4‑speed)
• Drivetrain: Rear‑wheel drive
• Fuel Type: Regular gasoline
• Fuel Economy: 18–21 mpg city, 28–30 mpg highway
• Dimensions:
  • Length: 193.5 in (4,916 mm)
  • Width: 73.6 in (1,869 mm)
  • Height: 58.8 in (1,494 mm)
  • Wheelbase: 115.6 in (2,936 mm)
  • Ground clearance: 5.9 in (150 mm)
• Weight: Approx. 4,100 lbs (1,860 kg)
• Interior Features:
  • Leather upholstery with heating
  • Dual‑zone climate control
  • Audio system with CD player, MP3, and satellite radio
  • Navigation system (optional)
• Safety:
  • Anti‑locking brakes
  • Traction control
  • Automatic emergency braking (optional)

Depreciation Insight

When you ask “what is a 2002 Lexus LS worth”, the answer hinges on depreciation curves that are fairly predictable. An LS model typically loses about 15–20% of its value in the first year on the used market. Over the next two years, you can expect a further drop of roughly 10–15% each year, bringing overall annual depreciation rates between 8% and 12% beyond the initial blip. These numbers align closely with the “Lexus LS depreciation” data cited by many industry watchers and can help you gauge both repair costs and resale prospects over the life of the vehicle.

Because the LS is built on a platform that stresses durability, its resale value sits above comparable sedans of the same era, especially when maintenance records are thorough and the car is kept in clean, low‑mileage condition. In effect, the average 2002 Lexus LS can depreciate from an original MSRP of ~$42,000 to a market price range of ~$12,000–$18,000 after five years, depending on mileage and service history.

Comparison Context

Compared to similar models such as the Mercedes‑Benz E‑Class, the BMW 5‑Series