In 1983, Eiji Toyoda posed this question to his top executives, "Could we manufacture a car to challenge the world's best luxury model?" The company wanted to develop a luxury car to expand their product line in an upscale market. After an extensive development process, which included designers, engineers, technicians, prototypes, and over a billion dollars in cost, the Lexus was introduced in 1989 in the U.S. The first model manufactured had a 4.0-liter engine with rear wheel drive. The company now offers a variety of compact/mid-size sedans, convertibles, SUV's, and hybrids. All vehicles must pass an "IDEAL" philosophy that stands for Impressive, Dynamic, Elegant, Advanced, and Lasting, a series of stringent quality control tests before they are released. Known for its ergonomic interiors, aerodynamics, fuel economy, and value, it quickly achieved the status of top selling luxury import in the U.S. Available now in over 40 countries, Lexus continues to rank high in dealership service, customer satisfaction, and reliability surveys worldwide.
LATEST TRADE-IN VALUES
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2006 Lexus GS300
Excellent Condition Value: $26,302
Average Condition Value: $23,698
Rough Condition Value: $18,124
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1994 Lexus ES300
Excellent Condition Value: $2,935
Average Condition Value: $2,058
Rough Condition Value: $372
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2001 Lexus LS430
Excellent Condition Value: $14,482
Average Condition Value: $11,936
Rough Condition Value: $6,410
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2005 Lexus ES330
Excellent Condition Value: $17,162
Average Condition Value: $15,242
Rough Condition Value: $10,632
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2000 Lexus GS400
Excellent Condition Value: $9,893
Average Condition Value: $8,086
Rough Condition Value: $4,670
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2004 Lexus ES330
Excellent Condition Value: $14,862
Average Condition Value: $12,525
Rough Condition Value: $7,850
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