2025 Lexus LX 700HTrue Cost of Ownership in Canada
Twin-turbo V6 hybrid, 409 hp, flagship full-size luxury SUV with Mark Levinson audio — 2025 Lexus LX 700h. Full cost breakdown including import duty (6.1%), VAT (5%), insurance, fuel at C$1.2/L, maintenance, and depreciation.
Purchase Price
$145K
Base: $130K
Annual Total
$44K
Insurance + fuel + maintenance
Import Duty
$8K
6.1% of base price
VAT
$7K
5% applied
Annual Insurance
$2K
Avg for this country
5-Year Total
$364K
Purchase + 5yr running costs
2025 Lexus LX 700H — Full Cost Breakdown in Canada
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $130K |
| Import Duty (6.1%) | $8K |
| VAT / Sales Tax (5%) | $7K |
| Total Purchase Price | $145K |
| Annual Insurance | $2K |
| Annual Fuel Cost | $2K |
| Annual Maintenance | $6K |
| Annual Depreciation | $33K |
| Registration & Road Tax | $600 |
| Total Annual Running Cost | $44K |
| 5-Year Total Cost of Ownership | $364K |
| Cost Per Kilometer | $2.916 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Lexus LX 700H Fuel Cost Calculator — Canada
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$2,160
USD equivalent
Monthly Fuel Cost
$180
Per month average
Annual Liters Used
1,800L
At 15,000 km/yr
Cost per 100km
$14.40
12L × C$1.20
Lexus LX 700H Depreciation Curve
The Lexus LX 700H loses approximately $70K (54%) of its value over 5 years.
Year-by-Year Value
| New | $130K | 100% |
| Year 1 | $98K | 75% |
| Year 2 | $85K | 65% |
| Year 3 | $74K | 57% |
| Year 4 | $66K | 51% |
| Year 5 | $60K | 46% |
Depreciation based on luxury segment averages.
Lexus LX 700H vs. Competitors in Canada
How does the Lexus LX 700H compare to similar cars available in Canada?
Lexus
LX 700H
Base Price
$130K
Annual Cost in Canada
$44K
BMW
3 Series
Base Price
$45K
Annual Cost in Canada
$12K
Mercedes-Benz
C-Class
Base Price
$47K
Annual Cost in Canada
$13K
Audi
A4
Base Price
$44K
Annual Cost in Canada
$12K
Annual costs estimated for Canada market. Import duty (6.1%) and VAT (5%) applied to all models.
🇨🇦 Owning a Car in Canada
Insurance varies hugely by province.
Very Expensive for Canada
Annual car costs = 91% of average Canada income ($48K/yr)
Average Annual Income
$48K
In Canada
Fuel Price
C$1.20/L
Gasoline dominant
Avg Car Insurance
$2K
Per year
Import Duty
6.1%
On vehicle value
VAT / Sales Tax
5%
Applied at purchase
Driving Side
Right-hand
North America
Popular Car Brands in Canada
Lexus LX 700H in Canada — Frequently Asked Questions
Common questions about owning a Lexus LX 700H in Canada.
The 2025 Lexus LX 700H has a base price of $130,000 USD. In Canada, after 6.1% import duty and 5% VAT, the total purchase price is approximately $144,827 USD (C$144,827 CAD).