When we think of Lexus, we usually conjure up images of the brand's flagship sedan, the LS, or the popular mid-size RX SUV. Hatchbacks? Those are not typically associated with Lexus, let alone luxury marques as a whole. However, just about 15 years ago, the Japanese luxury automaker decided to dip its toes into the pool of hatchback production and see just how far it could go. The result was the CT 200h.The CT 200h first hit the mass market in late 2010 in time for the 2011 model year. Because it was an all-new segment for Lexus, the brand made sure to carpet bomb the airwaves and other forms of media delivery with advertisements. In fact, at the time, Lexus reportedly said it was one of the largest advertising campaigns it had ever attempted. Fast-forward to today, and you can finally pick up Lexus' groundbreaking hatchback for an extremely agreeable price. Packed With Value Lexus When Lexus first launched the CT 200h, it sported a base price of about $29,995. Compared to most other hatchbacks on the market at the time, this was quite a pretty penny. However, Lexus didn't seem to be too worried about its ability to compete with lower-class hatchbacks, as it was positioned to compete directly with models like the Audi A3, Volvo C30, and, to a lesser extent, the 2011 Mini Countryman. When compared to all of those competitors, the Lexus CT 200h was the most expensive.Lexus These days, the Lexus CT200h's value has dropped significantly, as you can imagine a 15-year-old car would. But, being a Lexus, it's still managed to cling onto more value than the average, 15-year-old luxury model. As of this writing, a 2011 CT 200h will set you back an average of $10,468. On the low end, some have sold for just $6,200. However, prices have also touched $13,900. Of course, used car pricing mostly hinges on condition, mileage, and location.At this point in the 2011 CT 200h's life cycle, factory warranties – and even those offered by third parties – are out of the question; it's simply too old. Being a hybrid, it can also be slightly more expensive than average to repair if anything were to go wrong, too. But, we have to remember, it is a Lexus. And, as you all know, Lexus is owned by Toyota, the most reliable mass-market car brand on the market today.Lexus Now, let's take our previously mentioned competitors back out for a proverbial spin and see how their current average used prices compare to our Lexus CT 200h's:Above, we find that the 2011 CT 200h is yet another shining example of how well Lexus models can hold their value, even over a decade after it was produced. While this means – should you be interested in buying one – that you'll have to pay a higher entry-level price, you're much more likely to get a good chunk of your money back when it comes time to sell. How It Earns Its Reliability LexusIt's important to mention straight away: the Lexus CT 200h is ranked number one out of 17 total luxury compacts rated by RepairPal.com for its extreme levels of reliability. According to the site, the average annual repair cost for the CT 200h is just $386 per year, or just a hair over a dollar per day.In addition, its unexpected repair frequency is lower than average, coming in at 0.38 versus a 0.4 industry average. Your chances of a severe repair are also lower than average, with a frequency of just five percent, compared to 11 percent across the luxury compact segment.Lexus That sort of dependability doesn't come about by accident. Sitting as the crux of the 2011 CT 200h's reliable nature is its engine: a 1.8-liter four-pot hybrid belonging to Toyota's ZR engine family. More specifically, the mill carries the engine code name "2ZR-FXE". It boasts an Atkinson cycle operation, meaning its intake valves are kept open longer, allowing the engine to be more efficient. It also features a 13.0:1 compression ratio, higher than most other members of the ZR family.Its hybrid system is named the Lexus Hybrid Drive, and it consists of two motors, both of which are mounted alongside the engine. The hybrid system's Nickel-Metal Hydride (NiMH) high-voltage hybrid battery is capable of 1.3 kWh of capacity. Drivers can make use of four total drive modes for the CT 200h, including Normal, Eco, Sport, and EV, the latter of which allows it to be driven purely on battery power for just about one mile.Lexus Lexus utilized the Toyota New MC Platform vehicle architecture for the CT 200h, which is also shared with the Toyota Prius and Auris, the latter of which was sold outside the US market. Handling the CT 200h's power output is an eCVT. The 2011 200h was front-wheel drive drive only, although AWD came later. As for its suspension, it takes advantage of a MacPherson strut setup on the front axle, and a double-wishbone configuration around back. Electronically controlled braking featuring regenerative braking takes care of the CT 200h's stopping needs. What It Has To Offer LexusThe '11 CT 200h offers a good bit of standard kit, alongside a simple optional extras list. For starters, leather-trimmed seats, a six-speaker audio system, and push-button start are all included with the car. In addition, Bluetooth capability and dual-zone climate control come standard, too. Optionally, buyers could spring for a power-sliding moonroof, heated front seats, a 10-speaker premium audio system, Lexus sixth-gen navigation, backup camera, and radar-guided cruise control. It Still Deserves Your Attention Today LexusOf course, buying any 15-year-old car, regardless of make, as your daily driver could very well come with some issues. Age is never kind to automobiles, and there may be one or two little things you'll have to replace or fix right off the bat. However, as we've learned, the 2011 Lexus CT 200h is still good value for money, and it's also extremely reliable. After all, if you're going to buy an older used car, what better brand to buy from than Toyota or Lexus?