The Lexus ES 350 remains one of the most desirable midsize luxury sedans in Nigeria. Buyers are drawn to its mix of comfort, performance, and reliability. As of 2025, its price in Nigeria depends heavily on exchange rates, model year, import charges, and dealer margins. Whether you’re looking to buy brand-new from an authorised dealership or you’re exploring the used car market for a cleaner unit, this guide breaks down what you can expect to pay across different segments.
If you’re also comparing luxury sedans or entry-level SUVs, our updated post on the GLK 350 price in Nigeria is another useful reference for understanding the market.
What Is the Current Price of a New 2025 Lexus ES 350 in Nigeria?
The estimated cost of a brand-new 2025 Lexus ES 350 in Nigeria is around ₦73,000,000. This figure is derived from the US MSRP of $43,190 and aligned with the pricing structure used to calculate the Nigerian price of the Toyota Camry 2025. For context, the Camry is priced at ₦47,554,000 in Nigeria with a US base price of $28,000, based on Ccarprice Nigeria.
The exchange rate from this comparison gives a ratio of around 1,698 NGN/USD. Applying that to the Lexus ES 350’s base price:
₦1,698 x 43,190 = ₦73,320,420. Rounding off, this confirms the ₦73 million estimate, which includes duties, VAT, dealer margins, and logistics.
Cost Structure: Import Duties, Taxes, and Clearance Fees
According to Clearing Agent Nigeria, the breakdown of import-related charges for a vehicle like the Lexus ES 350 includes:
- Import Duty: 20 percent
- Levy: 15 percent
- VAT: 7.5 percent
- ETL: 0.5 percent
- SUR: 7 percent
If the car’s customs value is placed at $43,000, duties and levies could easily exceed $21,000. When you add shipping and dealer margins, total costs reach the ₦73 million mark. This is also consistent with our broader analysis, where we examined the influence of port charges and dealer markup.
Used Lexus ES 350 Prices in Nigeria
For buyers who prefer pre-owned options, used ES 350s vary widely in price depending on the year, condition, and whether they are foreign or locally used. Based on classified listings and verified social media resellers, here’s what the market looks like:
| Year | Condition | Price Range (₦) | Notes |
| 2009 | Foreign Used | ₦9,000,000 | Entry-level luxury sedan |
| 2013 | Foreign Used | ₦21,500,000 | Mid-tier, updated tech |
| 2014 | Nigerian Used | ₦22,000,000 – ₦24,000,000 | Prices vary by mileage and overall condition |
| 2016 | Foreign/Nigerian | ₦26,500,000 – ₦34,000,000 | Clean condition units in high demand |
| 2020 | Foreign Used | ₦61,206,600 | Listed on Ccarprice NGA |
You can explore how used vehicles retain value in our feature on foreign used cars with low maintenance, especially when imported with full-service history.
X (formerly Twitter) posts from resellers like @Kinglamarr___ show a 2016 model listed at ₦34 million with a dollar value of $22,800. That translates to an exchange rate of around ₦1,491 per USD, which closely matches current rates.
Lexus ES 350 vs Toyota Camry: Price and Features
While both cars share the same platform, the Lexus ES 350 offers more comfort, tech, and refinement. As reported by Kelley Blue Book, standard features in the 2025 ES 350 include:
- 12.3-inch touchscreen
- NuLuxe synthetic leather
- Lane-keeping assist and adaptive cruise
- Dual-zone climate control
The 2025 Toyota Camry, with fewer luxury features, sells for ₦47 million in Nigeria. This shows the value-added premium that Lexus buyers are paying for. Our best cars for ladies in Nigeria article also highlights the ES 350 as a preferred option for female executives and professionals seeking comfort and status.
Factors Influencing Lexus ES 350 Prices
Exchange Rate Movement
With rates hovering between ₦1,500 and ₦1,600 to the dollar, even small changes have significant effects on import pricing.
Import Charges
Nigeria’s import policy stacks heavy duties on new vehicles, especially luxury ones. As Trade.gov notes, the effective duty can go up to 70 percent of the vehicle’s value when fully calculated.
Brand Reputation
Lexus is considered reliable, durable, and prestigious in Nigeria. Many buyers opt for the ES 350 instead of German rivals due to lower maintenance costs and better adaptability to Nigerian road conditions. As explained in our post on the strongest cars in Nigeria, Lexus vehicles handle rough terrain better than most sedans in their class.
Dealerships vs Private Sales
Authorised dealers like Globe Motors and Elizade Nigeria typically bundle their pricing with warranty, inspection, and service packages. However, buyers also turn to classified platforms and social sellers on sites like Jiji.ng for flexible pricing.
Summary Table: Lexus ES 350 Price Guide for Nigeria (2025)
| Model Year | Vehicle Type | Price Range (₦) | Source / Notes |
| 2025 | Brand New | ₦73,000,000 | Estimate using Camry pricing ratio |
| 2020 | Foreign Used | ₦61,206,600 | Ccarprice NGA |
| 2016 | Foreign Used | ₦34,000,000 | X post |
| 2014 | Nigerian Used | ₦22,000,000 – ₦24,000,000 | Reflects body quality, mileage, and maintenance |
| 2009 | Foreign Used | ₦9,000,000 | X post |
Final Thoughts
The Lexus ES 350 continues to be a solid option for anyone seeking a midsize luxury sedan in Nigeria. While the new 2025 version is priced around ₦73 million, used models across the 2009–2020 range give buyers flexibility depending on budget and preferences.
Exchange rates, clearance charges, and vehicle condition all influence final cost. Always perform due diligence, request a verified history, and compare options. And for those exploring alternatives, see our updated list of low-maintenance foreign used cars or explore how other luxury models compare in the strongest cars in Nigeria.
Stay informed and shop smart to get full value for your money.
