2018 Lexus LS500/LS500h - ClubLexus - Lexus Forum Discussion

Notices
Car Chat General discussion about Lexus, other auto manufacturers and automotive news.

2018 Lexus LS500/LS500h

Reply

 
 
 
Old 09-13-17, 07:28 PM
  #1  
pbm317
Lexus Champion
Thread Starter
 
Join Date: Apr 2002
Location: Detroit, Michigan
Posts: 3,078
Thanked 2 Times in 2 Posts
Default 2018 Lexus LS500/LS500h

Didn't know whether to drag in an old LS thread or put a new one... the media events have been going on. Driving embargo is in effect until later this month, but this seems like the first posting that lists price, starting at $75,000 and they expect 70% of LS500 to be transacted under $80,000. Well under the German flagships. Genesis G90 probably doesn't like this news.

https://www.forbes.com/sites/doronle.../#71d2b7de7baa

Toyota Motor Corp.’s new flagship Lexus LS500 looks very much like a contender to take the premium luxury sedan segment by storm, a segment filled with some of the world’s most impressive sedans like the Mercedes S Class, Cadillac CT6 and BMW 7 Series.

Trouble is, the premium sedan segment itself looks like the victim of a tempest, shrunken and battered by mass defection of affluent consumers away from sedans and toward SUVs. So far, none of the leading makers of premium sedans is backing down, certainly not Toyota which brings to market an all-new design, architecture, engine, transmission, safety features and a host of aesthetic refinements meant to spark interest in the model.

Toyota also is taking a page from its playbook of 28 years ago, when the LS400 first appeared, by pricing the new model well below its direct competitors. The car will start at $75,000; and the company estimates that 70% of LS500s sold will transact at less than $80,000. Cooper Ericksen, vice president of Lexus marketing in the U.S. said the new model’s retail price represents roughly 10% that of comparable German luxury sedans.

“You might ask, ‘why would customers buy a sedan when everyone is buying SUVs?’” said Ericksen. “Well, for this income bracket, it’s safe to say they probably have an SUV in their household fleet already. The LS plays a different…more luxurious…role in their lives and they’re anxious to park it in their garage.”

That said, Lexus expects to sell only about 1,000 LS500s a month in the U.S., equipped with the standard 3.5-liter V6 and the gas-electric hybrid and a ten-speed automatic transmission. In 1990, its second year in the market, Lexus was selling 4,000 LS400s a month. The first generation sedan was the launching pad for the Lexus brand in the U.S., transforming believers out of skeptics who had predicted Toyota would fall on its face with its luxury franchise.
pbm317 is offline  
Reply With Quote
Old 09-13-17, 08:16 PM
  #2  
yardie876
Lexus Champion
 
yardie876's Avatar
 
Join Date: Sep 2012
Location: SoFlo
Posts: 3,234
Thanked 56 Times in 46 Posts
Default

$75k entry point? That is phenomenal. Can’t wait for the embargo to be lifted.
yardie876 is offline  
Reply With Quote
Old 09-13-17, 10:46 PM
  #3  
Aron9000
Lexus Champion
 
Join Date: Aug 2012
Location: TN
Posts: 4,443
Thanked 17 Times in 16 Posts
Default

Sounds like the 1990 LS400 strategy. Benz S-class level of size, prestige, room, and horsepower for E-class $$$$.
Aron9000 is offline  
Reply With Quote
Old 09-13-17, 11:53 PM
  #4  
Hoovey2411
Moderator
iTrader: (16)
 
Hoovey2411's Avatar
 
Join Date: Oct 2008
Location: California
Posts: 36,258
Thanked 30 Times in 27 Posts
Default

I want to know full spec all options! Wonderful starting price. definitely a pleasant surprise as I thought 80-85 starting.
Hoovey2411 is online now  
Reply With Quote
Old 09-14-17, 04:42 AM
  #5  
bitkahuna
resisting entropy
iTrader: (20)
 
bitkahuna's Avatar
 
Join Date: Feb 2001
Location: Present
Posts: 53,604
Thanked 43 Times in 38 Posts
Default

Methinks lexus really wants to shut the genesis party down.
bitkahuna is offline  
Reply With Quote
Old 09-14-17, 04:47 AM
  #6  
Johnhav430
Lexus Champion
 
Join Date: Sep 2016
Location: PA
Posts: 4,828
Thanked 161 Times in 151 Posts
Default

Sounds reasonable. Be interesting to see the LS and Genesis side by side. I saw the big Hyundai at Costco yesterday, with a FLA plate and the dealer was Napleton. I googled and the dealer is WPB, not Naples, showing people with means, will spend on the big Hyundai. It has decent styling but imho no motor.

embargo, what does that mean, press?
Johnhav430 is offline  
Reply With Quote
Old 09-14-17, 05:55 AM
  #7  
SW17LS
Lexus Fanatic
 
SW17LS's Avatar
 
Join Date: May 2012
Location: MD
Posts: 22,930
Thanked 385 Times in 321 Posts
Default

That is phenomenal news. I'm very potentially a buyer at that number.
SW17LS is offline  
Reply With Quote
Old 09-14-17, 06:06 AM
  #8  
plex
1UZFE/2JZGTE
iTrader: (11)
 
plex's Avatar
 
Join Date: Feb 2004
Location: MD for now
Posts: 12,434
Thanked 39 Times in 32 Posts
Default

Impressive price point.
plex is offline  
Reply With Quote
Old 09-14-17, 06:11 AM
  #9  
pbm317
Lexus Champion
Thread Starter
 
Join Date: Apr 2002
Location: Detroit, Michigan
Posts: 3,078
Thanked 2 Times in 2 Posts
Default

Originally Posted by Johnhav430 View Post
embargo, what does that mean, press?
Yes, so driving impressions can't be released, generally this is due to the numerous waves of media that need to be able to cycle through the press event. Once the final wave clears, then the embargo is generally lifted at the same time for all attendees.
pbm317 is offline  
Reply With Quote
Old 09-14-17, 06:39 AM
  #10  
Johnhav430
Lexus Champion
 
Join Date: Sep 2016
Location: PA
Posts: 4,828
Thanked 161 Times in 151 Posts
Default

I will probably test drive it when things calm down, and would like to drive the V6 and then the V8 (when it happens). Doubtful I would buy one, but it would be great to get a $200 gift card or something and be able to see what it's about.....I heard dealers lick their chops when you drive in with a relatively low mileage LS430 and they sometimes end up being traded and a staff member takes it...
Johnhav430 is offline  
Reply With Quote
Old 09-14-17, 06:43 AM
  #11  
SW17LS
Lexus Fanatic
 
SW17LS's Avatar
 
Join Date: May 2012
Location: MD
Posts: 22,930
Thanked 385 Times in 321 Posts
Default

Originally Posted by Johnhav430
I will probably test drive it when things calm down, and would like to drive the V6 and then the V8 (when it happens). Doubtful I would buy one, but it would be great to get a $200 gift card or something and be able to see what it's about.....I heard dealers lick their chops when you drive in with a relatively low mileage LS430 and they sometimes end up being traded and a staff member takes it...
Lexus doesn't offer things like that for test drives.
SW17LS is offline  
Reply With Quote
Old 09-14-17, 06:59 AM
  #12  
ArmyofOne
Dysfunctional Veteran
 
ArmyofOne's Avatar
 
Join Date: Sep 2004
Location: Van Alstyne, TX
Posts: 6,865
Thanked 27 Times in 24 Posts
Default

Originally Posted by bitkahuna View Post
Methinks lexus really wants to shut the genesis party down.
Hell I would have possibly considered jumping on the 5.0 V8 bandwagon at that price. Lots of car for the money.

But that God-awful grille...
ArmyofOne is offline  
Reply With Quote
Old 09-14-17, 08:59 AM
  #13  
mk416
Lead Lap
 
Join Date: Jan 2017
Location: CA
Posts: 454
Thanked 24 Times in 23 Posts
Default

Originally Posted by bitkahuna View Post
Methinks lexus really wants to shut the genesis party down.
That K900's ridiculous pricing point is now on Lexus' chopping block.
mk416 is offline  
Reply With Quote
Old 09-14-17, 09:18 AM
  #14  
bitkahuna
resisting entropy
iTrader: (20)
 
bitkahuna's Avatar
 
Join Date: Feb 2001
Location: Present
Posts: 53,604
Thanked 43 Times in 38 Posts
Default

Originally Posted by ArmyofOne View Post
Hell I would have possibly considered jumping on the 5.0 V8 bandwagon at that price. Lots of car for the money.

But that God-awful grille...
the 5.0 in the g90? the ls500 is ttv6.
bitkahuna is offline  
Reply With Quote
Old 09-14-17, 09:33 AM
  #15  
SW17LS
Lexus Fanatic
 
SW17LS's Avatar
 
Join Date: May 2012
Location: MD
Posts: 22,930
Thanked 385 Times in 321 Posts
Default

I'll be interested to see how the leases are...
SW17LS is offline  
Reply With Quote

Thread Tools
Search this Thread
Quick Reply: 2018 Lexus LS500/LS500h


Contact Us Archive Advertising Cookie Policy Privacy Statement Terms of Service

We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.
 
  • Ask a Question
    Get answers from community experts
Question Title:
Description:
Your question will be posted in: