To estimate the price of the 2016 Lexus LX570 V8 5.7L Signature Exclusive (Mid+), I first considered the selling price of a similar 2018 Lexus LX570 V8 5.7L Signature Black Edition (Top) with 51,000 km mileage, which sold for SAR 304,500 on 2024-07-12. Given the higher trim and lower mileage, this car would be valued higher than the target car. Next, I looked at listed prices of similar cars. The closest match is a 2016 Lexus LX570 V8 5.7L Signature Exclusive (Mid+) with 183,000 km listed for SAR 235,000. Another similar car with 155,000 km was listed for SAR 250,000. Considering the higher mileage of the target car, its value would be slightly lower. Additionally, a 2016 Lexus LX570 V8 5.7L Signature Black Edition (Top) with 180,000 km was listed for SAR 255,000, which is a higher trim. Factoring in the average condition and higher mileage, I adjusted the price downwards. Finally, I considered the depreciation and market trends to arrive at a fair estimate.