Lexus Responds To Luxury Car Tax Threshold Increase
Lexus Australia has reduced retail prices of certain Lexus models to pass on the benefit of the Australian Government’s increase to the Luxury Car Tax (LCT) threshold.
The LCT threshold from yesterday (July 1) applies to vehicles above $63,184 at a rate of 33 per cent. This marks a $1300 increase on the previous price of $61,884, which was introduced on July 1 last year.
Lexus has responded by reducing its prices by the amount of the reduction in LCT payable.
Lexus Australia chief executive Sean Hanley said Lexus had made the move to pass on the benefit of the higher threshold to its customers.
“We are pleased to offer reduced prices to Lexus customers to align with the increase in the LCT threshold,” Mr Hanley said.
“This will mean a price reduction on most Lexus vehicle lines, from the IS sports sedan to the LX large SUV.”
Lexus’ revised pricing structure is now in force.
Revised Lexus pricing list*:
|
Model |
Grade |
Previous RRP |
RRP @ July 1, ’15 |
Variance |
|
IS |
IS 250 F Sport |
$62,000 |
$61,973 |
-$27 |
| IS 250 Sports Luxury |
$74,000 |
$73,610 |
-$390 |
|
| IS 350 Luxury |
$62,000 |
$61,973 |
-$27 |
|
| IS 350 F Sport |
$70,000 |
$69,610 |
-$390 |
|
| IS 350 Sports Luxury |
$82,000 |
$81,610 |
-$390 |
|
|
ES |
ES 350 Luxury |
$62,000 |
$61,973 |
-$27 |
| ES 350 Sports Luxury |
$71,000 |
$70,610 |
-$390 |
|
|
GS |
GS 250 Luxury |
$72,500 |
$72,110 |
-$390 |
| GS 250 F Sport |
$80,500 |
$80,110 |
-$390 |
|
| GS 350 F Sport |
$96,000 |
$95,610 |
-$390 |
|
| GS 350 Sports Luxury |
$107,500 |
$107,110 |
-$390 |
|
|
RC |
RC 350 Luxury |
$66,000 |
$65,610 |
-$390 |
| RC 350 F Sport |
$74,000 |
$73,610 |
-$390 |
|
| RC 350 Sports Luxury |
$86,000 |
$85,610 |
-$390 |
|
| RC F |
$133,500 |
$133,110 |
-$390 |
|
| RC F Carbon |
$147,500 |
$147,110 |
-$390 |
|
|
LS |
LS 460 F Sport |
$183,000 |
$182,610 |
-$390 |
| LS 460 Sports Luxury |
$188,000 |
$187,610 |
-$390 |
|
| LS 600h F Sport |
$210,500 |
$210,110 |
-$390 |
|
| LS 600hl Sports Luxury 4 seat |
$251,000 |
$250,610 |
-$390 |
|
| LS 600hl Sports Luxury 5 seat |
$241,000 |
$240,610 |
-$390 |
|
|
NX |
NX 200t F Sport |
$63,500 |
$63,127 |
-$373 |
| NX 200t Sports Luxury |
$72,500 |
$72,110 |
-$390 |
|
|
RX |
RX 270 |
$64,500 |
$64,110 |
-$390 |
| RX 350 Luxury |
$73,500 |
$73,110 |
-$390 |
|
| RX 350 F Sport |
$81,500 |
$81,110 |
-$390 |
|
| RX 350 Sports Luxury |
$90,000 |
$89,610 |
-$390 |
|
|
LX |
LX 570 |
$134,700 |
$134,310 |
-$390 |