Discover the Lexus SRP: Luxury, Performance, and Value
From its origins as Toyota's luxury brand in the 1980s, Lexus has come to symbolize the epitome of upscale auto manufacturing. Whether you're in the market for a plush sedan, a comfortable, family-friendly SUV, or a modern hybrid vehicle, Lexus has something to offer you. Since each vehicle has a range of trim configurations, the suggested retail price (SRP) can help you determine what you're getting. Here's a closer look at the Lexus SRPs.
Brand Overview
The first Lexus vehicle to hit showrooms in 1989 was the culmination of a process that took years. In the early 1980s, Toyota was looking to break into the luxury car market. With its secretive Circle F project, Toyota engineers worked for around six years to develop the first Lexus, the LS 400. What they produced was a vehicle and a brand that proved more than capable of going toe-to-toe with more established competitors in the field. In the more than three decades since Lexus has won its place as a renowned upscale car brand.
The first lS 400 model in the Lexus brand represented the very best in engineering for its time. The Toyota plant where it was built subjected each model to 1,600 quality control checks before shipping, which was an important indication of Lexus' ongoing commitment to quality. During its first 10 years in business, Lexus sold a million cars in the United States, clearly showing that it had secured a powerful place in the luxury car market. After the LS 400, other successful early models included the ES 250 and the SC 400 coupe.
Top Lexus Models
The 2024 Lexus ES is a great choice if you're looking for a luxury midsize car. With an SRP ranging from around $42,000 to $50,000, it's also quite an affordable option for the segment. It's powered by a 2.5L four-cylinder engine that delivers 203 horsepower and 34 mpg on the highway.
If you'd rather get behind the wheel of a Lexus crossover, check out the UX Hybrid. It includes a power train consisting of two motors and a four-cylinder engine producing 181 horsepower. This five-seater is ideal for adults to ride in the front and kids in the second row.
If you need a little more space or prefer to stick to a gas powertrain, consider the Lexus NX or RX 350 SUVs. The NX's optional 275-horsepower turbocharged engine provides plenty of power for the highway, and there's sufficient room inside the cabin for adults to sit in both rows. You'll also benefit from over 22 cubic feet of storage space at the rear. The NX's SRP ranges from just over $39,000 to around $49,000.
Benefits of Purchasing From ALM Cars
Whichever Lexus model you ultimately decide to purchase, our team of experts at ALM Cars can help. With multiple locations across Georgia and South Carolina, we're ideally positioned to help you complete your purchase online or in person. You can easily browse our inventory from the comfort of your own home or swing by one of our dealerships to check out our Lexus models firsthand and get face-to-face advice from our auto experts.
In addition to our extensive inventory and commitment to top customer service, we can help you secure affordable financing to finalize your deal. We work with a range of local and national lenders to put together loan packages that meet your needs. If you'd prefer to consider a lease deal, we can help with that, too. We also have frequently updated new vehicle specials, and dealership offers that may help you get an even better price for your next vehicle purchase.
Understanding Lexus SRP
The SRP, also sometimes called the list price, is the price of a Lexus model set by the manufacturer. It includes the production and sales costs and often an average mark-up charged by dealerships. The benefit to you as a buyer of knowing the SRP is that it's a good benchmark when you're shopping around.
It's important to note that you probably won't pay the SRP in the end. The SRP doesn't include optional add-ons or trim upgrades to a vehicle. These will be calculated as part of your purchase at ALM Cars and can result in you paying more. You may be able to take advantage of specials or other rebates to reduce the final price that you have to pay. You should view the SRP as a guide that can help you determine whether you're getting a fair price for your Lexus LC sports car or TX SUV.
Customer Testimonials and Reviews
Ensuring you have a hassle-free car-buying experience is our top priority. We're always delighted to get feedback since it lets us know that we're doing things right and how we can improve. We've had many enthusiastic comments about our knowledgeable, friendly staff members and our great range of Lexus cars and other vehicles.
Some recent customer feedback includes comments such as, “Very good customer service with concise and accurate answers to all required information, outstanding customer attention.”
Another buyer wrote, “Quick turnaround time, everyone was friendly, great customer service.”
Ready To Experience Lexus Luxury?
Now that you know a little more about the history of Lexus and its great range of models, you can take a closer look at our inventory. If you'd like to see for yourself how an ES or IS performs on the road before you decide on a purchase, contact us to arrange a test drive. Alternatively, feel free to close the deal quickly with our online shopping option. We look forward to helping you purchase your next luxury Lexus.