Potential buyers of Lexus cars may have this common question in mind. “Are Lexus cars overprized or beyond super expensive brands ?”.
A lot of viewers will beg to differ. This is because, when compared to other high-end brands like Mercedes, a fully equipped 2018 LS500, will sell for the price of a base model Mercedes S-Class.
There is a reasoning why Lexus is or should be expensive. The car has the major things one desires in a car. We are talking, luxury, design, durability, engine power, safety, and classy models.
It comes in different flavors, ranging from the RX to LS to the GS, ES, NX, and IS. Each of these models, furthermore, possess outstanding values. The question, however, remains; “are they overprized or beyond expensive?”
All Lexus cars come with powerful engines and horse power to showcase that. Some examples include the 2021 RX 350 which comes with a 3.5L V6 engine. The engine, furthermore, comes with 295hp and 267lbft of torque. The bigger 2021 GX 460, on another hand, has a 4.6L V8 engine that produces 301hp.
A Lexus might not be super exciting to drive. In other words, it may not give that “German” feel. However, in terms of quality, I have no doubt that Lexus is superior to the Audi or BMW. I will give them that credit!
Lexus interior is home to deluxe wood and leather materials. The quality of materials used contributes immensely to why the interior remains tranquil. This reduces road noise even when the vehicle is running on high speed.
The exterior incorporates unique design that exemplifies quality materials in all its vehicles. Considering the trimmings, deep painting, and polished wood, Lexus cars use strong materials that last long. All the parts of a Lexus car last several years due to added cost during production.
An outstanding reason for the seemingly high value of Lexus cars is the prestigious luxury attached to the badge brand. Because it is labeled as a “luxury brand” Lexus charge more for their cars based on that tag alone. A good number of cars have wonderful interiors but are cheaper because they are not tagged “Luxury cars”. A good example is the 2021 Honda Accord and the 2021 Toyota Avalon models. These cars come with mind blowing interiors, however, they are not technically considered “luxury cars”.
One interesting thing I have discovered is that the Lexus and Toyota brands share similar engine specs. It is ,however, surprising that the Toyota cars can never cost as high Lexus cars, both in auctions and other market platforms . This is because, there is no room for competition due to the brand badge.
A good comparison can be drawn by alluding these cars to houses. The price of a four-bed bungalow in San Francisco is way higher than the the same in North Carolina. Therefore, if someone puts a house for sale in San Francisco California for the price of a house in North Carolina, it becomes suspicious. In other words, if a Lexus car is put on sale for a price way cheaper that the brand average, it will be viewed with suspicion. This is because, no one expects them to be ridiculously cheap. Thus, the brand name is the top reason for their cost and valuable. Research reviews from key sources point to my opinions.
Base Lexus models come with a nine-speaker audio setup and an infotainment system. This adds to the reason for high price market value of the Lexus.
Depending on the model, Lexus cars also employ the best tech available to improve driving experience and drivers safety.
Research shows that the Lexus RX 350 has a score of 8.0 out of 10. This data is based on our evaluation of 48 pieces of research and data elements using various sources.
Some safety technology available in the 2022 Lexus RX350 are highlighted below:
To be fair, the competition from other top brands is interestingly outstanding. Considering that safety should be the number 1 value on the mind of any driver, it is important to see how other brands are keeping up with Lexus.
Individual interests differ. Anyone desirous of a Lexus car mostly considers the brands powerful engines, drivetrain, transmission, interior, and all the pleasurable paraphernalia that comes with it. On the contrary, some individuals lack interest in the amenities that come with the car. They rather, place importance on the worth of the vehicle before making the decision to purchase it. Hence, the concept of overpriced is only a matter of your wallet and your desires.
The competition and performance top vehicle brands attract is critical to the increase or decrease of their stock price.
Tracking the Lexus models from the RX to the ES, down to the IS, shows that they are competitive within their classes and perform excellently amongst other brands. What this means is that Lexus cars can compete with the best.
Like every car, some Lexus models might not be good enough. If judged from an overall perspective, however, one can tell that Lexus cars stand out yearly.
Customer reviews is essential when considering buying anything. Most customer reviews for Lexus vehicles are positive. As expected , however, there are few negatives too.
The positive reviews act like catalyst when it comes to a buyer’s decisions. It reinforces the prestige of the brand, thus driving up the demand and sales. This in turn keeps their product prices relatively high or seemingly expensive for some.
As a potential buyer considering a Lexus car, it is satisfying to know keys reasons why people ponder on the question of whether Lexus cars over-prized or beyond super expensive brands. From the points explored in this article, answer could not be more obvious.
The value for money drives up the price of the Lexus cars. This does not mean you cannot buy your dream Lexus car if you’re on a budget.
As earlier emphasized, Lexus cars are indeed expensive. This, however, does not mean that it is out of your league. You can own a Lexus Car for a cheaper prize the two methods highlighted below.
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