2018 gx?
#31
asking the LX to start at 60k is unrealistic. Did you check the Explorer? Many carry the sticker at 60k or more.
#32
Lead Lap
I wouldn't say it's $30k overpriced. I would prefer it removes some options and starts at 75k then loaded all the way to 90k or so. I'm sure Lexus can move 1000-2000 units per month at that price.
asking the LX to start at 60k is unrealistic. Did you check the Explorer? Many carry the sticker at 60k or more.
asking the LX to start at 60k is unrealistic. Did you check the Explorer? Many carry the sticker at 60k or more.
#33
Advanced
I wouldn't say it's $30k overpriced. I would prefer it removes some options and starts at 75k then loaded all the way to 90k or so. I'm sure Lexus can move 1000-2000 units per month at that price.
asking the LX to start at 60k is unrealistic. Did you check the Explorer? Many carry the sticker at 60k or more.
asking the LX to start at 60k is unrealistic. Did you check the Explorer? Many carry the sticker at 60k or more.
$60,000 probably is unrealistic but somewhere in the 60s isn't IMO. QX80 starts in the lower 60s. Land Rover's pricetag on their new Discovery starts with a 4. The new Prado-based Armada starts in the mid 40s and the Prado is a direct competitor with the Land Cruiser.
I went to ford.com and optioned out an Explorer, pretty surprised you can option one up to $55k but I don't see how they go above 60k. Still, that's Ford's problem and I suspect they have to offer very deep discounts to move those units.
But yeah part of the price problem is that they don't really offer trim levels here (and zero options on LC). Overseas Toyota has to be a little competitive with Prado prices on the full-sized Landcruiser, so you can buy one very spartan if you choose.
#34
Have you changed your mind??
MSRP is $89,880, less $30k = $59,880.
$60,000 probably is unrealistic but somewhere in the 60s isn't IMO. QX80 starts in the lower 60s. Land Rover's pricetag on their new Discovery starts with a 4. The new Prado-based Armada starts in the mid 40s and the Prado is a direct competitor with the Land Cruiser.
I went to ford.com and optioned out an Explorer, pretty surprised you can option one up to $55k but I don't see how they go above 60k. Still, that's Ford's problem and I suspect they have to offer very deep discounts to move those units.
But yeah part of the price problem is that they don't really offer trim levels here (and zero options on LC). Overseas Toyota has to be a little competitive with Prado prices on the full-sized Landcruiser, so you can buy one very spartan if you choose.
MSRP is $89,880, less $30k = $59,880.
$60,000 probably is unrealistic but somewhere in the 60s isn't IMO. QX80 starts in the lower 60s. Land Rover's pricetag on their new Discovery starts with a 4. The new Prado-based Armada starts in the mid 40s and the Prado is a direct competitor with the Land Cruiser.
I went to ford.com and optioned out an Explorer, pretty surprised you can option one up to $55k but I don't see how they go above 60k. Still, that's Ford's problem and I suspect they have to offer very deep discounts to move those units.
But yeah part of the price problem is that they don't really offer trim levels here (and zero options on LC). Overseas Toyota has to be a little competitive with Prado prices on the full-sized Landcruiser, so you can buy one very spartan if you choose.
#35
Pole Position
The thing that gets me about complaints that Lexus uses old engines and platforms is that their decision to stick with the "old" is likely one of the reasons their cars are so reliable. If they were constantly upgrading and moving to new technology I highly doubt we'd get to enjoy the reliability that we do. Range Rovers are great and I'd absolutely have one instead of a GX if I didn't care about reliability (because I only buy used cars). Right now, however, reliability is an important factor for me so I'm happy to trade new engines and transmissions for higher reliability.
I wouldn't be surprised if the fact that many Lexus vehicles are based on cheaper models also plays into it. Cheaper cars don't push new technology at the rates higher end cars do. BMW didn't start with a lower tier SUV and add a few features on top to create the X5. Range Rover didn't do it either. The Q7, while sharing a platform with a VW (albeit a very expensive VW), also shares its platform with a Porsche, a Bentley and eventually a Lamborghini. Lexus does far more platform sharing with a lower-tier brand than the European luxury brands.
The final thing is resale value. Even if you believe the GX/LX are are priced too high new, the excellent depreciation still makes them better overall values in many cases. My last BMW, which I bought as a used CPO, lost nearly $10k in value in under two years. My GX, which I've had for a year, can be traded in (not sold) for about $2k less than I paid. I could sell my car for the same price I paid today if I wanted to.
Are you referring to the Patrol? The Prado is...the GX.
I wouldn't be surprised if the fact that many Lexus vehicles are based on cheaper models also plays into it. Cheaper cars don't push new technology at the rates higher end cars do. BMW didn't start with a lower tier SUV and add a few features on top to create the X5. Range Rover didn't do it either. The Q7, while sharing a platform with a VW (albeit a very expensive VW), also shares its platform with a Porsche, a Bentley and eventually a Lamborghini. Lexus does far more platform sharing with a lower-tier brand than the European luxury brands.
The final thing is resale value. Even if you believe the GX/LX are are priced too high new, the excellent depreciation still makes them better overall values in many cases. My last BMW, which I bought as a used CPO, lost nearly $10k in value in under two years. My GX, which I've had for a year, can be traded in (not sold) for about $2k less than I paid. I could sell my car for the same price I paid today if I wanted to.
Are you referring to the Patrol? The Prado is...the GX.
#37
#38
Driver School Candidate
#40
I'm skeptical if Lexus will continue to build the GX as we know it. I see it becoming some sort of car based SUV. More like a larger Lexus RX.
The new draconian EPA CAFE rules pretty much make it impossible for automakers to make heavy duty, body on frame SUVs like this much longer because of the fuel economy numbers. Here's to hoping some changes are made and people can decide themselves what they want to buy.
The new draconian EPA CAFE rules pretty much make it impossible for automakers to make heavy duty, body on frame SUVs like this much longer because of the fuel economy numbers. Here's to hoping some changes are made and people can decide themselves what they want to buy.
#41
I believe Lexus will continue to build it as is. GX was never built for U.S. It was a conversion of LC Prado for the rest of the world. The demand is still there outside U.S. and it's cheap to dress it up a little for here.
#42
It's not that they don't know about your strategy. It's they don't want to IMO. I looked into RX and was surprised how some package/options can get you in the 60s where the base start in low 40s. There's a big gap from GX to LX and I think Lexus knows and wants to keep it that way because they want to target and keep certain groups of buyers. Same to GS vs. LS.
#43
Lexus definitely WANTS to continue to import the GX as is, Lexus does very well with their SUVs, dealers are actually upset that they aren't given more inventory.
The problem is, the EPA has regulations in the US about what the average fuel economy of a car fleet can have (CAFE) and the GX and LX drag down the average to the point where they would have to start paying "gas guzzler" taxes if the new standards go into place.
By 2025, a car company across their fleet has to average 54.5mpgs. A new GX average is like 17mpg.
I'm hoping this gets changed because everybody is going to have to drive a Prius to hit that number.
The following users liked this post:
davidc1 (03-13-17)
#44
Advanced
YES! Guess I had the prado on my mind... Either that or someone sabotaged my posts.
A couple of years in a BMW had me yearning for a Toyota.
Yep! They absolutely want to squeeze as much money out of it as they can. They did reduce prices on the GX I believe with the 2014 facelift, but if they can charge more money and sell the same amount of vehicles, why not? A few years ago the GX was really a no-brainer vs the competition, but now that we have some new options, the GX is becoming less appealing with each passing year and no redesign. But it still sells well, so Toyota has no reason to update.
It's not that they don't know about your strategy. It's they don't want to IMO. I looked into RX and was surprised how some package/options can get you in the 60s where the base start in low 40s. There's a big gap from GX to LX and I think Lexus knows and wants to keep it that way because they want to target and keep certain groups of buyers. Same to GS vs. LS.
#45
Lexus definitely WANTS to continue to import the GX as is, Lexus does very well with their SUVs, dealers are actually upset that they aren't given more inventory.
The problem is, the EPA has regulations in the US about what the average fuel economy of a car fleet can have (CAFE) and the GX and LX drag down the average to the point where they would have to start paying "gas guzzler" taxes if the new standards go into place.
By 2025, a car company across their fleet has to average 54.5mpgs. A new GX average is like 17mpg.
I'm hoping this gets changed because everybody is going to have to drive a Prius to hit that number.
The problem is, the EPA has regulations in the US about what the average fuel economy of a car fleet can have (CAFE) and the GX and LX drag down the average to the point where they would have to start paying "gas guzzler" taxes if the new standards go into place.
By 2025, a car company across their fleet has to average 54.5mpgs. A new GX average is like 17mpg.
I'm hoping this gets changed because everybody is going to have to drive a Prius to hit that number.