Lexus LS 460/LS 460L: First Drives
Is the SWB a good deal or the LWB is a rip-off? I compared the price and features of the two fully loaded versions. The following is the extra equipment the $85,947loaded LWB had over the $68,482 loaded SWB:
Pre-Collision and Dynamic Cruise $2,850
Advanced Parking System $700
Air Suspension and VGRS $2,120
Lexus Link $900
Upgraded Leather and headliner (not individually priced)
Rear Seat Upgrade $1,625
If you total all these extra features, you get $8,200 but the price difference between the two cars is $17,500. So for $9,300 I get extra leg room and upgraded leather. Am I missing something or did Lexus mess up the pricing?
Pre-Collision and Dynamic Cruise $2,850
Advanced Parking System $700
Air Suspension and VGRS $2,120
Lexus Link $900
Upgraded Leather and headliner (not individually priced)
Rear Seat Upgrade $1,625
If you total all these extra features, you get $8,200 but the price difference between the two cars is $17,500. So for $9,300 I get extra leg room and upgraded leather. Am I missing something or did Lexus mess up the pricing?
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In the long run the value of the choice you make will matter more if you buy than if you lease - IMO. I think over time you will see Lexus make more and more LWB cars and less and less SWB cars. The market will move on you in the future. So if you buy, than the chance is greater that the LWB LS car will hold it's value as a percentage of MSRP at a higher percentage rate than a SWB car. If you lease then the risk is on Lexus or the bank so you don't care. If you are leasing you'll only pay about 40% of that $9300-10,000 difference over three years.
Beyond all that it's a matter of taste. The LWB car will ride better and have the added space and a higher luxury feel than a SWB car. The car also looks better to my eyes in LWB trim.
BTW - I would say the SWB car fully loaded is a great deal vs the expiring LS430 ultra. Add pre collision to that ultra and your near $75K vs $77K for this very updated car with 102 more horses + all the other goodies that it has over the LS430. The big difference is in reality though as that car would have been discounted a lot in the past two years and this one will not be discounted at all at first and then at a lot lower levels in the future.
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Landi - If I were buying the LS460L I'd configure the car with pre collison, luxury, ML, air sus, lux rear , and the park assist sensors for $84,120. My guess is that's a $1350-1375 lease (zero down) now and about $100-125 cheaper 7-8 months from now. The other way I'd go is the touring package with ML, pre collision, and the park assist sensors and that's $80,580. Why you can't get rear lux with that is beyond me. I'd like the rear shades as I'd likely opt for a rear headrest DVD system for $1600 or so locally. Since Lexus doesn't change headrests you can put that DVD system in your next leased LS if you stay loyal. My guess on that car is $1250-1275 now and possibly $50-75 cheaper later as I have a feeling this car will stay at or vey close to MSRP for a long time to come. If you option out an LS460 to $72-73K my guess is you are at $1125 or so now and $1050 or so later. My thought is that Lexus and financial institutions will residualize the LWB car at better rates than the SWB car. Just a feeling.
A fully optioned LS460L reaches $97K wuth the executive class limo package. But that's a special order car. At my dealership there are already a number of them spoken for though - so people aren't balking at mid 90K prices. I'd have to say that the LS600HL will likely top out in the $112K range with that option included and probably starts out at that $90K pricetag we were thinking earlier.
Last issue is the $2850 pre-collision option. Will Lexus tend to ship cars pretty much with it or without it. I'd think that with the investment they put into it they'll tend to bring more cars with it than without it to dealer lots - particularly on LWB models. I'm also quite surprised that the self parking feature is only an added $700. So it may be more standardized into shipped cars also.
By the way, it seems to me like this will now be the most popular board to discuss the new LS.
Just to reiterate, I think there should be one forum for the 2007- ? 460 until the model is updated. Concur that the LS 600H might need a separate forum as a lot of the info will not be useable by the 460 group.
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SWB base $61000
Comfort Plus pkg $3620
Nav system/ML audio pkg $5645
Power door & trunk closers $395
TOTAL $70660
LWB base $71000
ML audio $2530
Luxury pkg $2780
TOTAL $76310
These two configurations are as close to the same car as you can get. The $5650 difference buys you 4.8 inches plus premium interior leather and headliner.
TagMan
If you were to drive the cars one right after the other on certain road conditions you may be able to discern a slight ride difference. But I doubt it will be the main reason people will buy one over a SWB, just as the 1 MPG better fuel rating will not chase many people from the LWB to the SWB.
We buy with our heart, but we justify with our head.
and in that order.
In the end, it's your $5650, so you'll have to decide whether your back seat passengers are worth it ;-)
Watch the reviews - they will be a lot stronger for the LS460L than for the LS460. The ones I've read to date are already indicative of that. I'd expect that everyone that reviews this car will prefer the LS460L, and some by miles over the LS460. Over time the LS460L will become the car that becomes dominant for Lexus in the category.
I'm anxious to drive both cars later this week.
BTW - the LS430 had plenty of space for 6 foot plus folks in the rear and I drive with my seat all the way back. I'm a hair under 6' and have plenty of space with the seat pushed fully back. I'd have a hard time believing Lexus would make the LS460 SWB model cramped when they've gone out of their way to maximize interior space on past models.
I drove both versions, and each demo had the same trim level. The handling was not discernably different between the two. Because they were outfitted the same, the only difference was the extra rear legroom and the nicer leather/headliner (which I didn't actually notice while driving). So in that instance, that's what the extra money bought. Of course, you can outfit an L well beyond the standard car, and those who do will probably enjoy a higher automotive experience.
Certainly if I were a reviewer who wasn't plunking down my own money, I would prefer a decked out L over the SWB model. But even Lexus expects 65%-70% of its 460 sales to be for the standard version. Since much of the extra cost of a fully optioned L is south of the front seat, that's not surprising.
I'm glad to hear that someone else thinks the drivers side footwell area is smaller than previous years.I thought it was and I planned to get a tape and measure it.
Could you figure what might of made it smaller? It first I thought it might be the automatic brake but they should be able to do that without using floor space. How about the extra speakers? I'm use to a GS300 and I think the footwell is even smaller than that.
Go figure bigger car, smaller footwell.
My wife even think the seat width is less.
DK
Probably some folks won't notice or care, but others will.
This statement has been repeated ad nauseum already... Anything else to add besides the footwell issue ?
This could be a problem. I actually don't even like a dead pedal - but I tolerate it. With less room for my size 12 shoes, this isn't going to be good.
Sounds like Lexus is regressing. One guy here who drove the car says the LS 430 has a better foot well than the LS 460 and Car and Driver has found the braking stopping distances better for the LS 430 than the LS460 from 70mph by 30 feet.
http://www.clublexus.com/forums/showthread.php?t=244805
He also has a Phaeton and compares them frequently throughout his review, and states that the Phaeton, a huge car by any standards, is inferior in all interior dimensions except cabin width.
Sounds like Lexus is regressing. One guy here who drove the car says the LS 430 has a better foot well than the LS 460 and Car and Driver has found the braking stopping distances better for the LS 430 than the LS460 from 70mph by 30 feet.
Could you find anything positive... anything at all... to say about the LS ??? This constant negative chant is getting real tiresome.... Have at it, but credibility is certainly lacking when its such a one-way street concept you harp on all the time...
I'm sure it's fabulous.
And I hear the driver's seat is much better. And the adaptive suspension should be nice. And I read the new LS handles better than the outgoing model.
And of course the new look is a tremendous improvement.
I will be attending a Lexus Taste in a few weeks myself and am looking forward to driving the new LS as well as the LS 400 flagship beater, the ES350.
I knock my car's ridiculous iDrive every chance I get, on Edmund's threads.
I could make a fairly long list of other negative stuff about my vehicle too. It's not exclusively a Lexus thing.
I think for this kind of cash, some of this stuff shouldn't even be talked about. It just shouldn't be.
When you purchase a car for $60k or "better", the vehicle should be flawless, IMO.
Shouldn't read about the foot well or the brakes or an iDrive controller that most people find frustrating.
You have to drive it yourself and see if it "fits."
One incredible aside: Lexus claims the new ES350 is more advanced and powerful in every measureable way than the initial Lexus LS400 flagship.
Now that's what I call progress!
My battle plan is to drive the S-Class first, than 750, than LS460L, to see how it stacks up.
Eye sore a 750 recently on the street and they really cleaned up the rear! Very nicely updated.
Wish they could do the same with the S :sick:
I'd like a 335i to match against the IS350.
I'll let you know how it went after the Giants game!
DrFill
The dash is similar in layout, but way enhanced, and styled beautifully. The trunk is fine, I noticed no difference in the dead pedal or driving position at all. The engine is great. I can't think of a downside except the price....
I'm gonna want one of these. :P
Meanwhile, I would pull the trigger and go for the LS460L immediately. However, there is one thing holding me back. It does not come with AWD. Living in snow country, I really feel that AWD is a must. I drive a 2004 LS430 now, but I do get tired of changing to snow tires for winter driving. I want the security of AWD. I am hoping against hope that the LS460L will have the option of AWD next year. Have you folks heard anything new on this front? My dealer told me just the other day that they have heard nothing of the sort. They do not think AWD will be available even next year. But, what do they know?
It could show up in time for next winter, since Lexus made that mandate about all their cars having AWD. And I'm sure every Detroit/Chicago/Boston/NY dealer is in lexus' ear about that issue.
If demand is as strong as I think, they may just wait until the the mid-gen update in 2009, when everyone's 3-year lease is up from the launch this year.
Personally, I would wait more than two years.
BMW doesn't offer it on their 7, do they.
DrFill
DrFill
Now the LS600HL is going to blow us all away, I just see that coming. If you can afford it you may not be able to pass it up unless the trunk really is small and is a deal breaker. But that car is going to have so many deal winners.
Bottom line is Lexus built versions of this car that meet a variety of economic demographics and will hit each demograpic perfectly.
Some news I got - AWD is a definite but when is unknown - likely in the spring (what timing!). At my dealership the demand is high on the LWB model and people are writing checks and buying those cars and tending to lease the SWB model. Anyone who thought Lexus would have a hard time selling cars at $90K better rethink that one real fast. Car is red hot and not easy to get but we all knew that would be the case.
From a post at CL, quoting an article
http://www.redorbit.com/news/health/708278/lexus_and_cedarssinai_continue_on_the- _road_to_a_cure/index.html?source=r_health
Len, can you lay out what features were on this car ? BTW, your description of your test drives was crisp and matter-of-factly... the way I like it... Thanks. Are you taking home that LWB next March or are you going to get in early before your lease ends ?
And on the $80K+ LS selling briskly, what would those who have knocked Lexus as a cheap alternative to the pricier German brands now say, eh ? Seems the LS is now priced even higher than the 7 and A8, and is a whisker off the S550 price. Good for Lexus.... They have achieved the prestige and status, and are showing it off in their new 460 twins. So when a $100K 600hL arrives, that'd just be a cinch for the arrival of Lexus in the upper tier of luxury brand...