How many Lexus LC 500 are sold each year?
The Lexus LC 500 is a high-performance luxury coupe that has captured the attention of automotive enthusiasts since its introduction. But how many of these sleek and powerful vehicles are actually sold each year? Let's dive into the details.
Annual Lexus LC 500 Sales
According to industry data, Lexus sells around 3,000 to 4,000 LC 500 models per year globally. This luxury coupe has found a dedicated following among those seeking a blend of style, performance, and Lexus' renowned build quality.
The LC 500 was first introduced in 2017 as Lexus' flagship coupe, replacing the aging SC 430 model. Since then, annual sales have remained relatively consistent, with slight fluctuations due to factors such as economic conditions and consumer preferences.
Factors Influencing Lexus LC 500 Sales
Several key factors contribute to the Lexus LC 500's sales performance:
- Pricing and Positioning: The LC 500 is positioned as a premium luxury coupe, with a starting price of around $95,000 in the United States. This places it in direct competition with other high-end sports cars and grand tourers from brands like Mercedes-Benz, BMW, and Porsche.
- Performance and Driving Dynamics: The LC 500 is powered by a 5.0-liter V8 engine that produces 471 horsepower, allowing it to accelerate from 0 to 60 mph in under 4.5 seconds. Its handling and driving characteristics have been praised by automotive journalists, appealing to enthusiasts.
- Lexus Brand Reputation: As a Lexus model, the LC 500 benefits from the brand's reputation for quality, reliability, and customer service, which helps attract buyers in the luxury market.
- Limited Production: Lexus intentionally keeps the production of the LC 500 relatively low, which helps maintain its exclusivity and desirability among consumers.
While the Lexus LC 500 may not be a high-volume seller compared to some of the brand's more mainstream models, it serves as a halo car that showcases Lexus' design and engineering capabilities. Its consistent sales performance demonstrates the enduring appeal of this distinctive and well-crafted luxury coupe.
What does LC stand for in Lexus?
Lexus LC. LC stands for Luxury Coupé. That's because the car combines the luxuries of a flagship saloon with the seductive, sporting aesthetic of a grand touring coupé. This flagship two-plus-two is engineered in every dimension to deliver a very special and rewarding driving experience. Explore the LC.
Which Lexus has the highest resale value?
9 Lexus Models With Great Resale Value
- Lexus TX – 42.9% Lexus.
- Lexus IS – 43.9% Lexus.
- Lexus NX – 44.9% Lexus.
- Lexus GX – 46.2% Lexus.
- Lexus ES – 47.4% Lexus.
- Lexus RC – 47.9% Lexus.
- Lexus LX – 50.8% Lexus.
- Lexus RX – 51.5% Lexus.
How many LC500 are sold each year?
The Lexus LC 500 was first developed in 2017, and since then, the breakdown of sales is as follows: In 2023 there has been 957 sold so far. In 2022 there were 1,387 sold. In 2021 there were 2,782 sold.
Is the Lexus LC 500 fast?
The Lexus LC 500 0-to-60 speed and performance stuns with a 4.4-second 0 to 60 MPH time and a top track speed available of 168 MPH on the LC 500 and LC 500 Convertible.
Why is the LC500 so expensive?
The LC 500 doesn't offer the same performance as similarly priced sports cars. But if you think of it more like a grand-touring car — a vehicle that balances power, comfort and luxury in equal proportion — its lofty price makes more sense.
How rare is the Lexus LC 500?
The Lexus LC 500 was first introduced in 2016, some four years after the original concept was created. After much anticipation, the car has become something of a rare beauty with approximately 1,200 (up to 2023) being sold in the US, which is fewer than 1% of total Lexus sales in the US during the same period.
How much is the LC500 resale value?
A 2021 Lexus LC LC 500 Coupe 2D has depreciated $27,485 or 28% in the last 3 years and has a current resale value of $67,718 and trade-in value of $62,891.
Is the Lexus LC 500 a supercar?
Lexus LC 500 is a luxury vehicle disguised as a supercar. After all, Lexus specializes in luxury vehicles after all. Let's examine why the Lexus LC 500 is one of the best grand touring cars on the market.
Do Lexus LC 500 hold their value?
A 2024 Lexus LC LC 500 has a 5-year cost-to-own of $123,842. After 5 years a 2024 LC LC 500 will depreciate $62,384 and have a residual value of $37,416.
Will there be a 2025 LC500?
The price of the 2025 Lexus LC starts at $100,600 and goes up to $107,800 depending on the trim and options. The base trim level is the LC500 coupe, but there's also an LC500h hybrid and an LC500 convertible offered. We prefer the nonhybrid LC500 model over the heavier and pricier LC500h.
