[B747fan]

The price for the next generation Lexus LX has been updated on Lexus India website alongside with the brochure. It is priced at approximately 2.82CR ex-showroom. Lexus has launched the LX 500d with the 3.3L V6 Diesel producing 304hp (227kw @ 4000rpm) and 700nm(@1600-2600rpm) of torque with a top speed of 210 km/h. It comes standard with 22-inch alloy wheels, with a tyre size of 265/50 R22 and is offered with a choice of 5 colour options and 4 interior choices.

More can be found out on Lexus India's website, and also attaching the brochure to this post below.

LX_500d_Brochure.pdf

P.S. - This is my first post on the forum so please don't mind any mistakes

[jessie007]

At that price, why wouldn't anyone strive for a Range Rover instead of a Toyota LC - has better off-road pedigree, is luxurious, has famous heritage - plus is now Indian owned also

Agreed Toyota reliability is better, but Rs 2 crore plus vehicles are not going to be mile munchers or will rarely ever taken for off-roading - they are a statement by the owners. I feel a Range Rover makes this statement better, plus is a luxury brand!

[samyakmodi]

So it's not just me who thinks Toyota has lost it when it comes to pricing it's products.

I am not entirely sure who would end up buying these cars - though I understand they are incredibly reliable - but yet again, people with so much money to spend usually also do not keep their cars for longer periods of time.
So a European ultra luxury car loaded with the latest tech at half the price OR a Toyota with bulletproof reliability with barely basic luxury and tech features for twice the price. Looks like a no brainer - no?

[Aditya]

Lexus LX500d priced at Rs. 2.82 crore in India - Posts moved to a new thread.

[aashishnb]

Originally Posted by jessie007

Agreed Toyota reliability is better, but Rs 2 crore plus vehicles are not going to be mile munchers or will rarely ever taken for off-roading - they are a statement by the owners.!

Originally Posted by samyakmodi

So it's not just me who thinks Toyota has lost it when it comes to pricing it's products.

I am not entirely sure who would end up buying these cars - though I understand they are incredibly reliable - but yet again, people with so much money to spend usually also do not keep their cars for longer periods of time.

There's a thing called 'Veblen goods', where the demand actually goes up when prices increase, instead of vice versa.

Luxury items typically fall in this category. I guess this vehicle also does!!

[samyakmodi]

Originally Posted by aashishnb

There's a thing called 'Veblen goods', where the demand actually goes up when prices increase, instead of vice versa.

Luxury items typically fall in this category. I guess this vehicle also does!!

I understand the phenomenon - but what I fail to understand is how can a brand like Toyota justify pricing the car at this price point. Are they trying to NOT sell their cars?
At this price point only a handfull of people would even consider this. Especially the ones who've been burnt earlier with the awful reliability or complexity of the European cars.
Toyota is known to make their cars via their super efficient methods of production which brings their car's manufacturing costs substantially lower than anyone else in the market. Toyota never comes up with innovations and takes the safe approach of seeing what works in the market and then make it super reliable. Till the time they actually manage to do it most of the European counterparts also learn it to some extent.
Having said that, with this kind of pricing - they should clearly differentiate themselves by completely eliminating their regular cars (read under Rs. 50,00,000/-) and then see how the market reacts to the Veblen Goods.
Wait a minute - wasn't Lexus made just for that?!?!?

[asit.kulkarni93]

Originally Posted by samyakmodi

So it's not just me who thinks Toyota has lost it when it comes to pricing it's products.

I am not entirely sure who would end up buying these cars - though I understand they are incredibly reliable - but yet again, people with so much money to spend usually also do not keep their cars for longer periods of time.
So a European ultra luxury car loaded with the latest tech at half the price OR a Toyota with bulletproof reliability with barely basic luxury and tech features for twice the price. Looks like a no brainer - no?

On a lighter note, Please check the convoys of state and central ministers or MPs. I guess they are bored of their existing LC200s and fortuners. That's the primary clientele for these cars. Quite a lot of politicians who swear by the LCs and will get them come what may.

[TusharK]

First batch of Lexus LX500d SUVs arrives in India

The first batch of the Lexus LX500d has landed in India. One of the SUV was recently spotted at a dealership in Kerala.



The Lexus LX500d was launched in December last year. It is imported as a completely built unit (CBU) along with its cousin, the Toyota Land Cruiser LC300.



The LX500d gets a massive chrome grille up front, flanked by LED headlamps and LED fog lamps. The 5-seater SUV is available with the option of 22-inch rims.



Inside, the LX500d comes equipped with a dual-screen setup comprising of a 12.3-inch touchscreen infotainment head-unit and a 7.0-inch screen for climate control functions and other information.

The LX500d is powered by a 3.3-litre twin-turbo V6 diesel engine that develops 305 BHP @ 4,000 rpm and 700 Nm @ 1,600-2,600 rpm. The engine will be paired with a 10-speed automatic transmission and an all-wheel drive system.

Source: @carcrazy.india

Link to Team-BHP News

[avira_tk]

The pricing may seem obscene for a Lexus, but the fact is that high end vehicles are on back order for months as of today. The buyers are not affected layoffs and the like, the Cochin dealership for JLR has a nearly a year's worth of orders it seems. I can see those buyers getting the Lexus, the same must be true about the Tier 1 cities.