How much was a Lexus in 1998?
In 1998, a new Lexus could cost roughly from the mid-20,000s to about $60,000, depending on model and options. Entry models started in the mid-$20k range and flagship luxury sedans approached the $60k mark.
Overview of the 1998 Lexus lineup
The year saw Lexus offering a mix of entry-level and luxury models, including the ES series, GS series, LS flagship, and the SC sport coupe. Prices varied by trim, equipment, and regional incentives.
Below are representative starting prices for popular models in 1998. Prices reflect Manufacturer's Suggested Retail Price (MSRP) at launch without taxes, destination charges, or dealer options. Actual prices varied by region and dealer.
- ES300: starting around $25,000–$28,000
- GS300: starting around $33,000–$40,000
- GS400: starting around $45,000–$50,000
- LS400: starting around $50,000–$60,000
- SC300: starting around $38,000–$44,000
- SC400: starting around $40,000–$50,000
Prices above are starting MSRPs and would vary with options such as leather, premium sound, navigation, and packages, as well as regional taxes and dealer discounts. Buyers in different markets could see different sticker prices and incentives.
Pricing context and evolution
These figures reflect the late-1990s luxury-car market as Lexus expanded its lineup and positioned itself against rivals like BMW, Mercedes-Benz, and Infiniti. The ES offered an entry point for value-conscious buyers, while the LS400 represented the pinnacle of comfort and tech in the lineup, with the GS and SC models filling the mid-to-upper ranges.
Notes on model availability and trim
Not every model was available in every market in 1998. The GS and SC lines saw updates through the decade, and the GS400 carried a premium over the GS300, reflecting its higher performance and equipment level.
Summary
In 1998, a new Lexus ranged from the mid-$20k ES300 to the high-$50k–$60k LS400, with mid-range GS and SC models occupying the middle ground. The broad lineup offered buyers a choice between practical luxury, sportier two-doors, and flagship comfort, all with Lexus’s emphasis on reliability and refinement.
How much was a Lexus in the 90s?
When the very first Lexus LS went on sale in the United States, for the 1990 model year, the price tag was a mere $35,000… at a time when a new Mercedes-Benz 560 SEL sedan bore a sticker price of $73,700 (that's $75,360 and $158,685 in 2021 dollars, respectively).
How much did a Lexus cost in 1999?
1999 Lexus ES pricing starts at $3,743 for the ES ES 300 Sedan 4D, which had a starting MSRP of $34,235 when new. The range-topping 1999 ES ES 300 Sedan 4D starts at $3,743 today, originally priced from $34,235. KBB Fair Purchase Price (national avg.)
What was the average cost of a new car in 1998?
The average price for a new car in 1998 was about $20,364. However, the price varied depending on the specific model, with some basic models starting around $13,000 to $16,000 and more expensive vehicles costing significantly more.
- Average price: The average new car price was approximately $20,364.
- Entry-level cars: A basic 1998 Mitsubishi Mirage was priced at $12,640, while other models like the Dodge Neon Highline had a starting price of around $13,455.
- Specific models:
- A Ford Taurus started around $15,988.
- A base model Jeep Cherokee was priced at $15,965.
- A 1998 Plymouth Breeze was listed at $15,210.
How much did a 1998 Lexus LS400 cost new?
$54,515
1998 Lexus LS Pricing
| Original MSRP | KBB Fair Purchase Price (national avg.) | |
|---|---|---|
| LS 400 Sedan 4D | $54,515 | $4,347 |
