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How much is the 2024 Lexus LS 500?


The 2024 Lexus LS 500 is a luxury sedan that combines cutting-edge technology, refined craftsmanship, and exceptional performance. If you're considering purchasing this vehicle, understanding its pricing is essential to make an informed decision. In this article, we’ll break down the cost of the 2024 Lexus LS 500 and what you can expect for your investment.


Base Price of the 2024 Lexus LS 500


The starting price for the 2024 Lexus LS 500 is approximately $79,800. This base model comes equipped with a 3.5-liter twin-turbocharged V6 engine, delivering 416 horsepower and 442 lb-ft of torque. It also includes a suite of luxury features such as leather upholstery, a 12.3-inch touchscreen infotainment system, and advanced safety technologies.


Available Trim Levels and Packages


The Lexus LS 500 offers several trim levels and optional packages that can significantly increase the price depending on the features you choose. Here are some of the key options:



  • F Sport Package: Adds sportier styling, upgraded suspension, and unique interior details. This package typically adds around $6,000 to the base price.

  • Luxury Package: Includes features like semi-aniline leather seats, a 28-way power-adjustable driver's seat, and upgraded interior materials. This package costs approximately $12,000.

  • Executive Package: Offers rear-seat luxury features such as reclining seats, a massage function, and a rear entertainment system. This package can add up to $23,000 to the base price.


Additional Costs to Consider


When budgeting for the 2024 Lexus LS 500, it’s important to account for additional costs beyond the base price and optional packages. These may include:



  • Destination Fee: Typically around $1,150.

  • Taxes and Registration: Varies by state and local regulations.

  • Dealer Fees: Additional charges for documentation and preparation.


Final Thoughts


The 2024 Lexus LS 500 is a premium vehicle that offers a blend of luxury, performance, and advanced technology. While the base price starts at $79,800, the final cost can vary significantly depending on the trim level, optional packages, and additional fees. If you’re in the market for a high-end sedan, the Lexus LS 500 is certainly worth considering for its exceptional value and features.


Frequently Asked Questions

Why is LS500 so expensive?


The initial purchase price of a new Lexus LS 500 is a significant investment, reflecting its high-end features, advanced technology and superior craftsmanship.



How much is the Lexus LS in 2024?


The price of the 2024 Lexus LS starts at $80,685 and goes up to $115,560 depending on the trim and options.



How many miles do Lexus engines last?


In general, cars from this luxury brand can easily last 250,000 to 300,000 miles. While cars from other brands can last for around 150,000 miles, a Lexus can double that estimation and allows drivers to push the absolute limit of the vehicle's longevity before a replacement is necessary.



Does Lexus LS hold its value?


A 2021 Lexus LS has depreciated $32,807 or 42% in the last 3 years and has a current resale value of $44,520 and trade-in value of $40,729.



Will there be a 2025 IS500?


THE 2025 IS 500 F SPORT PERFORMANCE SPECIAL APPEARANCE
Exhilarating performance meets unmistakable style with the IS 500 F SPORT Performance Special Appearance, limited to just 150 vehicles in the U.S. in 2025.



How much will the Lexus LS 500 cost?


Compare to Similar Vehicles

New 2024 Lexus LS LS 500New 2024 BMW 7 SeriesNew 2024 Audi A8
See DetailsSee Details
$80,685$97,395$91,995
KBB.com Rating
4.34.64.4



Will there be a 2024 IS500?


The 2024 Lexus IS500 Is a Friggin' Dinosaur, but One With a Glorious V-8. While many have gone V-6, four-cylinder, turbo, or electrified, Lexus still offers the old-school IS with a V-8—for now.



What is the top speed of the 2024 Lexus LS 500?


Base Trim: Lexus LS 500
These enable it to go from zero to 60 mph in just 4.6 seconds, with an electronically limited top speed of 155 mph. In terms of fuel economy, the RWD LS 500 has an EPA-estimated rating of 18 mpg in the city and 29 mpg on the highway, for a combined rating of 22 mpg.



Will there be a 2025 Lexus LS 500?


2025 LS gas models come standard with Lexus Safety System+ 3.0 (LSS+ 3.0), Digital Key capability, Head-up Display, and a 12.3-inch MID. The 2025 LS 500 will have a starting MSRP* of $81,685, and the 2025 LS 500h will have an MSRP* of $116,560. 2025 LS models are expected to arrive in dealerships later this year.



How many miles per gallon does the 2024 Lexus LS 500 get?


Trims

MSRP$79,335
Engine416 HP / 3.4 L / 6 cyl
Transmission10-spd auto
City/Hwy mpg18 / 29
F SPORT


Kevin's Auto

Kevin Bennett

Company Owner

Kevin Bennet is the founder and owner of Kevin's Autos, a leading automotive service provider in Australia. With a deep commitment to customer satisfaction and years of industry expertise, Kevin uses his blog to answer the most common questions posed by his customers. From maintenance tips to troubleshooting advice, Kevin's articles are designed to empower drivers with the knowledge they need to keep their vehicles running smoothly and safely.