Price increase justifiable, it seems.
The Lexus is not cheap, particularly the Hybrid which combines luxury with efficiency in one package. Lexus has increased the price of the Lexus LS for the 2021 model-year, by as much as $10520.
This was discovered by CarsDirect Taken from a dealer order book for the 2021 Lexus LS500h. The 2021 Lexus LS 500h is now priced at $91,525, which includes $1,025 destination. This is $10,490 more than the 2020. pricing The price was $81,035. The cost of adding an all-wheel drivetrain to the 2021 model year is $3,250, which is $10,520 more than that of the AWD model in the previous year.
Cars Direct has discovered that there is a reason for the huge price increase. Lexus spokeswoman explained that 2021 will see the standardization of previously optional features for the 2020 model year. The Interior Upgrade Package, which includes Panoramic View Monitor and Air Suspension, Mark Levinson’s audio system, 20-inch premium wheels, Wood Steering Wheel, and Air Suspension is now standard.
CarsDirect has done a quick calculation and found that the list of then-optional equipment amounts to $10,380.
We believe the price hike is justified. The price increase is not as significant as the regular non-hybrid LS.
The 2021 Lexus LS 500 was revealed for the US market last year. It features a subtle updated exterior and, most importantly, a touchscreen infotainment system that crowns the cabin. This is in contrast to the trackpad. The 2021 Lexus LS 500 is priced at $550 less than the 2020MY.