2018 Lexus LS500/LS500h - ClubLexus - Lexus Forum Discussion


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

2018 Lexus LS500/LS500h

Reply
 
 
 
Thread Tools Search this Thread
Old 09-13-17, 08:28 PM   #1
pbm317
Lexus Champion
Thread Starter
 
Join Date: Apr 2002
Location: Detroit, Michigan
Posts: 2,965
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

Quote:
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, 09:16 PM   #2
yardie876
Lexus Champion
 
yardie876's Avatar
 
Join Date: Sep 2012
Location: SoFlo
Posts: 3,105
Thanks: 0
Thanked 49 Times in 40 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, 11:46 PM   #3
Aron9000
Lexus Champion
 
Join Date: Aug 2012
Location: TN
Posts: 4,063
Thanked 15 Times in 14 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 09-14-17, 12:53 AM   #4
Hoovey2411
Moderator
iTrader: (16)
 
Hoovey2411's Avatar
 
Join Date: Oct 2008
Location: California
Posts: 35,188
Thanked 28 Times in 25 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 offline   Reply With Quote
Old 09-14-17, 05:42 AM   #5
bitkahuna
resisting entropy
iTrader: (20)
 
bitkahuna's Avatar
 
Join Date: Feb 2001
Location: Present
Posts: 52,319
Thanked 42 Times in 37 Posts
Default

Methinks lexus really wants to shut the genesis party down.
bitkahuna is offline   Reply With Quote
Old 09-14-17, 05:47 AM   #6
Johnhav430
Lexus Champion
 
Join Date: Sep 2016
Location: PA
Posts: 3,411
Thanked 104 Times in 101 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, 06:55 AM   #7
SW15LS
Lexus Fanatic
 
SW15LS's Avatar
 
Join Date: May 2012
Location: MD
Posts: 20,987
Thanked 236 Times in 203 Posts
Default

That is phenomenal news. I'm very potentially a buyer at that number.
SW15LS is online now   Reply With Quote
Old 09-14-17, 07:06 AM   #8
plex
1UZFE/2JZGTE
iTrader: (11)
 
plex's Avatar
 
Join Date: Feb 2004
Location: MD for now
Posts: 12,322
Thanked 30 Times in 26 Posts
Default

Impressive price point.
plex is online now   Reply With Quote
Old 09-14-17, 07:11 AM   #9
pbm317
Lexus Champion
Thread Starter
 
Join Date: Apr 2002
Location: Detroit, Michigan
Posts: 2,965
Thanked 2 Times in 2 Posts
Default

Quote:
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, 07:39 AM   #10
Johnhav430
Lexus Champion
 
Join Date: Sep 2016
Location: PA
Posts: 3,411
Thanked 104 Times in 101 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, 07:43 AM   #11
SW15LS
Lexus Fanatic
 
SW15LS's Avatar
 
Join Date: May 2012
Location: MD
Posts: 20,987
Thanked 236 Times in 203 Posts
Default

Quote:
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.
SW15LS is online now   Reply With Quote
Old 09-14-17, 07:59 AM   #12
ArmyofOne
Dysfunctional Veteran
 
ArmyofOne's Avatar
 
Join Date: Sep 2004
Location: Van Alstyne, TX
Posts: 6,784
Thanked 19 Times in 18 Posts
Default

Quote:
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 online now   Reply With Quote
Old 09-14-17, 09:59 AM   #13
mk416
Pole Position
 
Join Date: Jan 2017
Location: CA
Posts: 344
Thanked 13 Times in 13 Posts
Default

Quote:
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, 10:18 AM   #14
bitkahuna
resisting entropy
iTrader: (20)
 
bitkahuna's Avatar
 
Join Date: Feb 2001
Location: Present
Posts: 52,319
Thanked 42 Times in 37 Posts
Default

Quote:
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, 10:33 AM   #15
SW15LS
Lexus Fanatic
 
SW15LS's Avatar
 
Join Date: May 2012
Location: MD
Posts: 20,987
Thanked 236 Times in 203 Posts
Default

I'll be interested to see how the leases are...
SW15LS is online now   Reply With Quote
 
 
Reply

Related Topics
Thread Thread Starter Forum Replies Last Post
Daimler announces $1B expansion, joins foreign rush to add U.S. auto plants Hoovey2411 Car Chat 14 09-25-17 09:20 AM
Lexus New Products are Lacking 2008GS Car Chat 112 05-11-17 11:49 AM
Toyota recalls LS, other models for valve spring replacement rominl LS - 4th Gen (2007-2017) 602 03-30-17 04:05 PM
All New Lexus LS 500 Joseph05 LS - 4th Gen (2007-2017) 17 03-16-17 09:52 AM
Mercedes-Benz Luxury Pickup Motor Car Chat 16 10-26-16 09:10 PM


Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Forum Jump


All times are GMT -7. The time now is 10:48 AM.


Copyright © 2000-2017 Internet Brands, Inc. All Rights Reserved 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: