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I'll give it a try here:
Letter post:
http://www.clublexus.com/forums/attachment.php?attachmentid=87958
Forum post:
http://www.clublexus.com/forums/showthread.php?t=226509
If these prices are right then Lexus has blown past Audi and BMW in price and maybe the S450 if we ever see it and is not far behind an MB S550 as a comparable S550 is around $102-103K vs that $94K price. Two things that concern me and may indicate that this price may be right is that my dealer has told me demand for this car is unprecedented and much greater than 2001 and the other is that Lexus has come way up in prestige since 2001. As well Lexus needed to ramp up production for this car two months earlier than planned. So something is going on that may be different than original planning and late customer research and planning may allow prices to be 5-10% higher (say 75-76K for the SWB ultra vs $73K and $83-86K for common LS460L configs vs $76-77K. We'll see but if that letter is accurate, and given it's tone re deposits and decisions, than neither the dealer nor Lexus have any concerns about moving this car real quick. My instinct is that regardless of price Lexus will underestimate the demand for the LWB model and that model will have excellent price retention.
At these prices I'm a buyer of an $83-86K LS460L. I was ready to do the 600HL in the low 90's but obviously (assuming this letter is real) than the hybrid will only come in one config and be a $110-115K car.
Its a letter from a dealer to a prospective buyer. It won't be too far-fetched that the dealer may have his own uplifts in the prices cos these prices are not real, IMO. The tone of the letter lacks the air of professionalism behoven from a GM of a Lexus shop. Suffice to say that this letter is a second-hand info and NOT from Lexus Corporate. I'd wait to see something truly OFFICIAL from Lexus before I bark up this tree...
Finally, the so-called "ultimate or grand daddy LWB" is the 460L with the rear seat ottoman option, and not the 600hL.
In Japan, CarMag projects the 600hL to be Y12million, which converts to ca. $100,000 USD. This is for the Japan market... If the "ultimate 460L" is at $94K, then a 600hL would be another $10K uplift easy... putting it at mid-100K level. Granted this is at the top of S550 price, but still a $15K premium discount on an S600. BUT is the 600hL an S600 competitor or an S550 competitor ? I am not so sure, if these prices are to be true.
Now, a 460L base at $67K would be a 12K premium over the 2006 LS430. Is that a reflection of Lexus' new prestige in the US market ?
Holy smokes !!!! I may be priced out of a 2007 LS460 w/Nav/DVD/storage which would be at $72K if these prices are correct (a far-cry from my $63K expectation). That would really suck.... Maybe I'll just get a Bimmer 550i instead, keep my '99 LS400 and '03 LX470, and be done with that if Lexus won't play.... At least I will have 4 years of cost-free maintainance from BMW ! As you can guess, I am not happy at all if I have to buy a BMW bcos Lexus feels they are now at MB level in price. Whatever happened to 119 yr heritage of MB v 17 for Lexus ??? :sick: :sick:
I am going to take this letter with a heavy dose of skepticism. Of course, I'll be checking with my local Lexus dealer Wednesday to see what I find out. I am on the list for a 460. If these prices check out, I may just have to withdraw my deposit and move to my nearest Bimmer shop for a look-see at that 550i.
OAC - you're not comparing apples to apples here. The 460 will have added standard equipment that were options or non-existant before. I'd say that $67K price you noted is probably comparable to a $63-64K LS430 plus it gets the power boost, 8 speed tranny and other things that LS430 never had. I do like landi's post and think that the author of the letter doubled up on options in his computations. At the same time I was also thinking the same thing that Sywwei was thinking in his post. But regardless of all this price stuff the thing that is key is that this car is generating a lot of interest and demand so I expect prices to stay high and if thee is a lack of LWB models than those cars may price over sticker.
Why don't you just take a new LS430 at a nice discount? That would be quite a price difference!
BTW, I checked with my dealer today, here is what he tells me:
They have not gotten much from Lexus corporate on this car as of now. They have NO options list from Corporate either.... They have "heard" Lexus mention prices in form of a range but NOTHING confirmed. He said Lexus would NOT abandon its pricing discount to MB/BMW/Audi... (comforting I assume). However, he told me the prices he heard were:
Mid-60K to mid-70K for the SWB trim
Mid-70K to mid-80K for the 460L
Mid-90K for the L with the rear seat package ()
Looks like "base" 460L = 430 UL +++, essentially a $3-4K price uplift for the 2006 LS430UL to get same on a 2007 LS460L *base*
ZERO info on 600hL, except Lexus will build it !!! (duh...)
The car gets here OCTOBER, and not earlier....
I am still not that thrilled, but I'd wait until we hear some confirmation from Lexus Corporate. So far, NOTHING has been written down and submitted to any Lexus dealer, so I am inclined to believe that this Georgia dealership is simply putting the bits of info they "heard" into a fimed-up looking letter. These are certainly NOT the final prices from what I gathered.....
Well, I know you are really looking forward to the new LS but since it could be over your budget I thought I would throw out what appeared to be an efficient, fitting alternative.
Scared? No, surprised. Heck, I guess you liked the BMW 550 better than the LS430 all along. Wait until they hear about this in the HELMs thread. But don’t worry, my lips are sealed, I won’t be the one to tell.
Of course I would welcome you into the BMW fold. I'd rather see you get what you really want and be totally happy though.
Thanks, I do appreciate that very much...
I agree. I would have to get creative with my finances but I think I can still swing it, only it may not be the price I really... really... would like to pay. OTOH, maybe I'd stick to my current LS (its long in the tooth already at 7+ yrs old) and wait the 460 out awhile.... Maybe in 6 months things cool down somewhat from the feeding frenzy over this new LS, and one can order one as you want it without the junk the dealer/Lexus may want to throw on it, at a price I'd feel comfortable paying. I don't lease, I am a buyer that's my problem....
Clearly, the fully loaded part is off base, but then again everyone has a different definition of fully loaded. I am hopeful he is correct, because I will not purchase the car for more than 99,000.
OTOH, I read the stats on the 600hL again, and I am amazed at what this car will bring to the table next year. Simply awesome combination of power, speed, performance, features, handling, refinement, luxury and novelty.... body-sensing temp control, 19-speakers ML, 4,000-song HD, LED Hi/Lo beams, APCS, Park-Assist, etc.. etc... many of which are WORLD FIRSTS !!!!!
So Lexus does listen. The press really didn't feel it.
DrFill
In a “blind” ride test I’d be able to know the difference 100 out of 100 times and I’d bet you would too once you became familiar with the ride. Actually you can do this. Go test the 750s or A8s or just wait for the new LSs. There's no need for a blindfold. Just make sure you don’t look at the cars before you get in and try not to sneak a peek at the rear seat.
There is a difference.
Just out of curiousity, why are you ready to give up your new S550 so soon ? Many of us would be interested to hear your experiences of the W221...if you'd want to share, of course...
Vantage 2
You have to be bestowed the award of the "Greatest Lexus Pricing Scoop, ever" !!!!! Great find indeed !
Starting at $60,596 is the best news so far.... So we surely can see a 600hL in the low low-90s.. Imagine a 600hL with a $10K price discount on an S550, not to mention an S600 ???? That would put a HUGE dent in the S-class sales for MB, and a scramble for cover by the competition. If Lexus pulls it off, it will resemble 1989 all over again ! Now that mid-60K lightly loaded (ML/Nav) LS460 SWB looks so real now.
Vantage 2
Did you happen to question either one of them on the Lexus LS460/600?
Thanks again.
Vantage 2
Maybe not the owner or Dealer Principal, but 90% of the salespeople you undoubtedly know more than... IME, some salespeople don't know the product very well at all, and I'm always uncomfortable buying from someone who is trying to bluff me.
For example, when shopping for my LS-430, one sales person told me that all Lexus models were FWD! When I tried to correct him about the LS, he then said, "Well, this is the only model that is RWD, and they just started making it that way". Didn't buy from him.
In Road and Track today I saw that Lexus is considering a super sedan called the L 650h, which will cost $150,000+. It seems to me that this is the S600/760Li/A8 W-12 beater, and that the LS600hl will be a more widely produced vehicle, just slightly more than the LS460l, much like the GS450h is only slightly more than the 430 (although more of a difference here, maybe 5-10 thousand over the 460l).
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They report the base price of the LS600hl will be $75,000-$85,000 which is in line with what my dealer has told me.
DrFill