Lexus LS car prices updated today
The Lexus LS represents the pinnacle of Lexus luxury and performance. As the brand's flagship sedan, the LS sets the standard for comfort, quality, and prestige expected from a luxury vehicle.
But excellence comes at a cost - Lexus LS prices reflect the sedan's position atop the model lineup. With powerful V8 performance, exquisite cabin materials, and extensive technology, today's Lexus LS carries a premium price tag.
This in-depth guide will examine current Lexus LS pricing across all trims and model years. We'll look at:
- Base MSRPs and price ranges
- Cost differences between trim levels
- Popular options and packages
- The effect of location and demand on real-world prices
- Tips for finding the best LS deal
For easy reference, we've included helpful pricing tables and FAQs to summarize the key details. Read on to gain the knowledge required to understand Lexus LS costs and negotiate the best possible deal.
Overview of the Lexus LS Lineup
The 2023 Lexus LS is available in both standard and long wheelbase body styles:
- LS 500 - The base LS 500 comes with a 416 horsepower 3.5L twin-turbo V6 engine and 10-speed automatic transmission.
- LS 500h - The LS 500h hybrid pairs a 354 hp V6 with electric motors for a combined output of 354 hp.
LS 500 Trims:
- Standard Wheelbase - The base LS 500 starts at $77,535 MSRP plus a $1,075 destination fee.
- Long Wheelbase - Steps up to an extended wheelbase with more rear seat room for $84,640 MSRP.
LS 500h Trims:
- Standard Wheelbase- The hybrid LS 500h is available only in standard wheelbase form at $81,575 MSRP before destination.
This LS lineup gives buyers a choice between standard or extended lengths, plus conventional or hybrid powertrains. Next we'll break down pricing for each model in detail.
Lexus LS 500 Prices
With its powerful twin-turbo V6 performance and modernized design, the rear-wheel drive Lexus LS 500 delivers speed, agility, and refinement expected from a premier luxury flagship.
Lexus LS 500 (Standard Wheelbase)
The entry-level LS 500 carries a base MSRP of $77,535 plus the $1,075 delivery processing fee, for a total sticker price of $78,610.
Standard equipment includes:
- 416 hp 3.5L twin-turbo V6
- 10-speed automatic transmission
- Rear wheel drive
- 20-inch alloy wheels
- Triple beam LED headlights
- Leather trimmed interior
- Power front seats w/ heating & cooling
- Rear sunshade
- 17-speaker Mark Levinson audio
- 12.3” infotainment display
- Android Auto, Apple CarPlay, & Amazon Alexa capable
- WiFi hotspot
- Lexus Safety System+
Moving up to the LS 500 Long Wheelbase brings an extended body style with increased rear seat legroom. The long wheelbase LS 500 starts at an MSRP of $84,640 plus delivery, equaling $85,715 total.
Added features over the standard wheelbase include:
- 5.9 inches longer wheelbase
- Power rear & rear side sunshades
- 22-way power rear seats w/memory
- Rear seat heaters & coolers
- Right rear power recliner w/ottoman
- Rear manual side window sunshades
- Hands-free power trunk lid
This stretched version enhances the luxurious rear passenger experience, but at over $7,000 more than the standard wheelbase to start.
Real World LS 500 Pricing
Although MSRP sets the benchmark, several factors influence the real-world transaction prices buyers pay for the Lexus LS 500:
- Options - Adding packages or upgrades like 21" wheels quickly raises the purchase price.
- Location - Buying in competitive regions with excess inventory may offer more room for discounts.
- Negotiation - Leveraging quotes from multiple dealers improves bargaining power on price.
- Incentives - Available rebates from Lexus provide another way to save off MSRP.
- Demand - Low-volume LS may mean minimal discounting from the sticker price.
Depending on model popularity and market conditions, buyers can expect to pay near or slightly below MSRP for a new LS 500 or long wheelbase version.
Lexus LS 500h Prices
The LS 500h hybrid sedan utilizes an efficient gas-electric powertrain without sacrificing the refined power and smooth acceleration expected from a Lexus flagship.
Lexus LS 500h (Standard Wheelbase)
Currently the LS 500h hybrid is offered in rear-wheel drive standard wheelbase form only. Its base MSRP starts at $81,575 plus the $1,075 delivery fee, totaling $82,650.
Key standard features include:
- 3.5L V6 + electric motors (354 total hp)
- Multi-stage hybrid transmission
- 20-inch alloy wheels
- Triple beam LED headlights
- Leather trimmed cabin
- 16-way power heated/cooled front seats
- Power rear & rear side sunshades
- 23-speaker Mark Levinson surround audio
- 12.3” multimedia touchscreen
- Android Auto, Apple CarPlay, Amazon Alexa capable
- WiFi/WiFi hotspot
- Hands-free trunk release
- Lexus Safety System +
This efficient hybrid powertrain provides quiet and smooth V8-like motivation without the high fuel costs. But expect to pay around a $3,000 premium over the LS 500 to go hybrid.
Real World LS 500h Pricing
For the niche Lexus LS 500h sedan, here are factors that determine what buyers actually pay:
- Limited supply - Lower production volume means less opportunity to negotiate discounts.
- Strong residual value - High projected resale value equals less first year depreciation.
- Options - Upgrading features or packages adds cost over the base price.
- Location - Major metro markets tend to see higher prices and demand.
- Incentives - Any Lexus rebates or incentives will lower net transaction prices.
With its low production numbers and standout MPG, buyers can expect to pay full MSRP or higher for the 2023 Lexus LS 500h, especially on nicely equipped examples.
Cost of Popular Lexus LS Options & Packages
While base models come well equipped, most buyers add options or packages to personalize their LS sedan. Here are prices for some of the most popular upgrades:
LS Standalone Options
| Option | Price |
|---|---|
| 21-inch Forged Wheels | $1,200 |
| Rear Air Suspension | $1,500 |
| 24-inch Rear Seat Entertainment System | $2,005 |
| Heated Wood & Leather Steering Wheel | $460 |
| Power Trunk Lid | $400 |
LS Packages
| Package | Description | Price |
|---|---|---|
| Premium Package | Semi-aniline leather, wood trim, rear sunshades, cornering lamps | $11,960 |
| Executive Package | Premium items plus rear reclining seats, right-side ottoman | $17,000 |
| Comfort Package | Heated steering wheel, heated rear seats, ventilated front seats | $1,600 |
| Technology Package | Heads up display, triple-beam LEDs, blind spot monitoring | $3,000 |
Lexus makes scaling up your ideal LS quick and easy through bundled packages or individual upgrades tailored to performance, comfort, or tech. Just keep in mind each upgrade adds cost.
How Location Impacts Lexus LS 500 Pricing
Where you purchase a new Lexus LS can influence pricing by thousands of dollars. Markets with low supply and high demand charge huge premiums over MSRP, while pricing in America generally stays close to the manufacturer's sticker price.
High Markup Regions: In Asia and the Middle East, buyers can expect to pay 40-60% over US MSRP for in-demand luxury models like the LS due to limited allocations. Taxes and fees also raise prices in these areas.
US Market: With adequate inventory, buyers pay much closer to the MSRP here with possibly a modest 2-5% discount in competitive areas. Well-equipped cars may sell for full sticker or marginally higher.
Buy Locally: Since the LS sedans are built in Japan, importing an overseas example adds shipping fees and import taxes. Shoppers see major savings buying locally versus importing an LS.
While scarcity overseas drives LS prices through the roof, focus your search locally to find fair, consistent Lexus LS pricing aligned with MSRP.
How to Get the Best Lexus LS 500 Price
Smart shoppers can use the following tips to negotiate the lowest price on a new Lexus LS 500 or LS 500h:
- Get quotes from multiple dealers - Contact all area Lexus dealers to leverage competitive quotes and improve bargaining position.
- Check for current incentives - Ask about any rebates or special financing offers from Lexus on the LS to save off MSRP.
- Know dealer invoice price - Research a dealer's cost on the car you want so you can negotiate from an informed position.
- Consider Lexus demo vehicles - Ask the dealer if they have any untitled LS demo models which offer new car pricing on lightly used vehicles.
- Buy used - Consider a pre-owned LS to skip the big initial depreciation of a new luxury sedan.
- Time purchase right - Buy at the very end of a model year when dealers are motivated to move aging inventory.
While discounts on the lower volume LS can be minimal, following these tips can help minimize the damage to your bank account.
FAQs
What is the starting MSRP for the 2023 Lexus LS 500?
For 2023, the base standard wheelbase Lexus LS 500 starts at an MSRP of $77,535 plus the $1,075 delivery processing fee, bringing the total to $78,610 to begin. The long wheelbase model starts at $84,640 MSRP.
What's the difference in cost between LS 500 and LS 500h?
The Lexus LS 500h hybrid comes at a premium of around $3,000-$4,000 over the equivalent standard LS 500. For 2023, the LS 500h starts at $82,650 total MSRP vs. $78,610 for the base LS 500. The added cost goes towards the sophisticated hybrid powertrain.
How much does it cost to add options or packages to an LS 500?
Major option packages can range from $3,000 up to $17,000 depending on features. For example, the Executive Package with reclining rear seats and ottoman is around $17,000. Individual options like larger wheels, sunshades, or trunk lid average $400-$1,500 each.
What are typical discounts or incentives on the Lexus LS?
Due to lower sales volumes, discounts are minimal on the Lexus LS lineup. Expect to pay full or very close to MSRP, especially on popular configurations. However, Lexus does offer rebates around $2,000 that can be applied in addition to any negotiated discount.
Should I consider buying an LS overseas versus locally?
No, in most cases it is significantly cheaper to buy an LS locally in America versus importing from overseas. Markups of 40-60% over US MSRP are common in Asia and the Middle East where demand is high. Even after import fees, buying locally saves thousands.
Is buying used better financially than purchasing new?
Yes, buying lightly used saves a tremendous amount of depreciation. A 3 year old LS with low miles will be 30% or more below original MSRP. Going pre-owned gets you the same luxury and tech as new, just without the inflated prices.
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