LEXUS RESPONDS TO LUXURY CAR TAX THRESHOLD INCREASE


Lexus Australia has reduced retail prices of certain Lexus models to pass on the benefit of the Australian Government's increase to the Luxury Car Tax (LCT) threshold.

The LCT threshold from yesterday (July 1) applies to vehicles above $63,184 at a rate of 33 per cent. This marks a $1300 increase on the previous price of $61,884, which was introduced on July 1 last year.

Lexus has responded by reducing its prices by the amount of the reduction in LCT payable.

Lexus Australia chief executive Sean Hanley said Lexus had made the move to pass on the benefit of the higher threshold to its customers.

"We are pleased to offer reduced prices to Lexus customers to align with the increase in the LCT threshold," Mr Hanley said.

"This will mean a price reduction on most Lexus vehicle lines, from the IS sports sedan to the LX large SUV."

Lexus' revised pricing structure is now in force.

Revised Lexus pricing list*:

Model

Grade

Previous RRP

RRP @ July 1, '15

Variance

 

IS

IS 250 F Sport

$62,000

$61,973

-$27

IS 250 Sports Luxury

$74,000

$73,610

-$390

IS 350 Luxury

$62,000

$61,973

-$27

IS 350 F Sport

$70,000

$69,610

-$390

IS 350 Sports Luxury

$82,000

$81,610

-$390

ES

ES 350 Luxury

$62,000

$61,973

-$27

ES 350 Sports Luxury

$71,000

$70,610

-$390

 

GS

GS 250 Luxury

$72,500

$72,110

-$390

GS 250 F Sport

$80,500

$80,110

-$390

GS 350 F Sport

$96,000

$95,610

-$390

GS 350 Sports Luxury

$107,500

$107,110

-$390

 

RC

RC 350 Luxury

$66,000

$65,610

-$390

RC 350 F Sport

$74,000

$73,610

-$390

RC 350 Sports Luxury

$86,000

$85,610

-$390

RC F

$133,500

$133,110

-$390

RC F Carbon

$147,500

$147,110

-$390

 

LS

LS 460 F Sport

$183,000

$182,610

-$390

LS 460 Sports Luxury

$188,000

$187,610

-$390

LS 600h F Sport

$210,500

$210,110

-$390

LS 600hl Sports Luxury 4 seat

$251,000

$250,610

-$390

LS 600hl Sports Luxury 5 seat

$241,000

$240,610

-$390

NX

NX 200t F Sport

$63,500

$63,127

-$373

NX 200t Sports Luxury

$72,500

$72,110

-$390

 

RX

RX 270

$64,500

$64,110

-$390

RX 350 Luxury

$73,500

$73,110

-$390

RX 350 F Sport

$81,500

$81,110

-$390

RX 350 Sports Luxury

$90,000

$89,610

-$390

LX

LX 570

$134,700

$134,310

-$390

 

*Manufacturer's list price is provided for media purposes only and does not include statutory charges or other on-road costs.