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2022 Lexus LX already a sellout before even hitting Australian showrooms

The Lexus LX starts at $148,800 before on-road costs, but buyers have already snapped up the first year of supply.

There’s an old saying that throwing enough money at a problem can fix anything. Not these days, it seems.

Because, if you thought the nine to 12-month waiting time for a new Toyota LandCruiser 300 Series was a problem, spare a thought for well-heeled Lexus buyers who hanker for a new LX.

Even though it’s not even in showrooms yet, demand has been so high that it’s a sell-out.

And if you aren’t on the list yet, allow another year before you’ll be driving away in the high-end off-roader.

Lexus Australia has been granted a 50-per-month allowance of the new LX, and every one of those has already been snapped up as a pre-order.

But since when did high-end luxury cars become scarce?

According to Lexus, there are a couple of factors at work here.

The vehicle itself has never appealed to a broader market than the new LX with its four-, five- or seven-seat layouts giving it a much wider audience than before.

It’s also the first all-new LX in 14 years, so there’s a bit of pent-up demand there, too.

And since it’s built at the same Japanese factory that builds the LandCruiser, there’s not much scope for squeezing out a few extra LXs to satisfy even the rich people of the world.

Then there’s the now-accepted problems with global supply chains and supplies of electronics to contend with and, suddenly, even a vehicle that starts at just under $150,000 can’t be bought for any money.

The other factor is that many would-be LX buyers are looking to move up from a LandCruiser.

That’s kind of Lexus fulfilling its original brief to the letter by offering a move up from a Toyota while still keeping things in the family, but it’s also part of the problem.

And don’t feel too sorry for LX buyers; Lexus Australia chief executive, John Pappas, told CarsGuide that the model mix is “quite rich” with more purchasers opting for the $210,000, four-seat-only Ultra Luxury model than first forecast.

“More than 10 per cent of orders are for the Ultra Luxury,” he said, “and about 25 per cent are for the ($171,8000) F Sport model.”

David Morley
Contributing Journalist
Morley’s attentions turned to cars and motoring fairly early on in his life. The realisation that the most complex motor vehicle was easier to both understand and control than the simplest human-being, set his career in motion. Growing up in the country gave the young Morley a form of motoring freedom unmatched these days, as well as many trees to dodge. With a background in newspapers, the move to motoring journalism was no less logical than Clive Palmer’s move into politics, and at times, at least as funny.
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