Lexus GX 1st Gen
The first-generation Lexus GX 470 combines legendary Toyota truck durability with V8 power and luxury appointments. It's a highly sought-after platform for off-road and overlanding enthusiasts, which keeps market values strong.
Lexus GX 1st Gen sold for a median of $16,875 over the last 12 months, based on 122 auction sales; the middle 50% sold between $11,475 and $25,000. 433 currently for sale.
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Seen across 5 sites in the last 30 days.
Lexus GX 1st Gen prices by year
| Year | Median (3 yrs) | Middle 50% | Sales (3 yrs) | For sale now |
|---|---|---|---|---|
| 2003 | $9.4k | $7.7k–$15k | 16 | 47 |
| 2004 | $12k | $9.1k–$16k | 44 | 117 |
| 2005 | $13k | $9.6k–$17k | 17 | 62 |
| 2006 | $12k | $9.1k–$19k | 44 | 67 |
| 2007 | $19k | $14k–$27k | 45 | 53 |
| 2008 | $20k | $13k–$27k | 45 | 43 |
| 2009 | $22k | $16k–$29k | 23 | 25 |
Auction sales in the last 3 years; prices leave out salvage and other branded titles.
Listings
Based on the Toyota Land Cruiser Prado (J120), the first-generation Lexus GX 470 launched in 2003, slotting between the RX crossover and the flagship LX 470. It featured rugged body-on-frame construction and was exclusively powered by the stout 4.7L 2UZ-FE V8 engine, paired with a 5-speed automatic transmission and full-time four-wheel drive. Its combination of Toyota reliability, off-road capability, and Lexus comfort made it a unique offering in the mid-size luxury SUV segment.
The GX 470's popularity has soared in recent years, driven almost entirely by the overlanding and off-roading communities. Enthusiasts value its tough underpinnings, reliable V8, and luxurious interior as a starting point for highly capable builds. This demand has transformed the GX from a simple used luxury SUV into a desirable platform, supporting strong resale values well above other SUVs from its era.
Buying Tips
- Check for cracked dashboards and door panels, a very common issue that's expensive to fix.
- Inspect the rear air suspension for leaks or sagging. Many owners convert to traditional coil springs, so verify the system's status and look for warning lights.
- The 2UZ-FE V8 has a timing belt that requires replacement every 90,000 miles. Demand service records, as this is a critical and costly maintenance item.
- Thoroughly inspect the frame for rust, especially if the vehicle spent time in the rust belt. Pay close attention to the area around the rear suspension components.
- Check for torn front CV boots, indicated by grease splattered on the inside of the front wheels. Listen for clicking sounds during tight turns.
1,838 Lexus GX 1st Gen vehicles have been tracked across auctions and listings on Hypercars, with 433 currently live.
Data sourced from auction results and dealer and private listings, including Bring a Trailer, Cars & Bids, Mecum, RM Sotheby’s and eBay Motors. Updated daily.
Frequently Asked Questions
How much does a Lexus GX 1st Gen cost?
Over the last 12 months, Lexus GX 1st Gen sold for a median of $16,875 across 122 auction sales tracked on Hypercars; the middle 50% sold between $11,475 and $25,000. There are 433 currently for sale.
How many Lexus GX 1st Gen listings are for sale right now?
There are 433 Lexus GX 1st Gen listings currently live across auctions, dealers, and marketplaces tracked by Hypercars.