Find or Sell Used Cars, Trucks, and SUVs in USA

Ls430 Ultra Pkg Navi Adpt Cruise Rear Recling Massager Heat+ac Seats No Reserve on 2040-cars

Year:2001 Mileage:164981 Color:
Location:

Las Vegas, Nevada, United States

Las Vegas, Nevada, United States
Advertising:

HELLO AGAIN FELLOW E-BAYERS

 
WE ARE PROUD TO PRESENT ANOTHER BEAUTIFUL,CLEAN AND NICE RUNNING VEHICLE.
 
HARD TO FIND IN THIS CLEAN CONDITION
AND WITH ALL THE AVAILABLE OPTIONS.
GREAT FOR EXPORT TOO!!!
 
    2001 LEXUS LS430
ULTRA LUXURY PACKAGE
 
8 CYL 4.3L. GASOLINE ENGINE
AUTOMATIC TRANSMISSION
REAR WHEEL DRIVE 
NAVIGATION SYSTEM
HEATED SEATS
COOLED A/C SEATS
MARK LEVINSON SOUND
ADAPTIVE CRUISE CONTROL
PARKTRONIC / PARK ASSITANCE
XENON HEADLIGHTS
RECLINING REAR SEATS

THIS VEHICLE HAS EVERY SINGLE OPTION

Navigation System, Power Moonroof,  Xenon Lights, Wood Trim, Traction control system, Alloy Wheels,

 Front Heated and Cooled Seats, Mark Levinson, Premium Sound, In Dash CD Changer,

Power Seats, Rear Reclining and Heated Seats, Rear A/C controls, Adaptive Laser Cruise Control, Front and Rear Parking Sensors.

 
IT HAS ONLY 164K.+ ACTUAL MILES
 
THIS VEHICLE RUNS AND LOOKS AMAZAING
CLEAN TITLE
1 OWNER
with several service records on file
IT'S TIGHT, CLEAN AND POWERFUL 
IT RUNS AND DRIVES GREAT 
 
NO RESERVE AUCTION
Great condition anywise. It seems to be regularly maintained.
Clean vehicle all the way through. Very well taken care of due to the fact that is so clean.
 This is not the average class luxurious early 2000's sedans. This unit has some pretty good options for the year.
We did test drove the vehicle to make sure it don’t have any engine, transmission or safety issues.
******It is ready to go!****** You'd love this vehicle!!!!
The vehicle has clean title and it checks out excellent. So feel confident and don’t miss out on this great deal!
We are a wholesale dealer registered in the state of NV and our prices are always very low.
So don’t miss your chance to own this great vehicle for less money TODAY!!!
 
COPY OF THE CURRENT CARFAX IS
AVAILABLE TO BE VIEWED IN THIS LISTING BELLOW.
 
Exterior:
 
 
The exterior of this car is in great condition as well.
The vehicle has been freshly detailed and the paint has a great shine.
The few little things that needs attention in the exterior are - some rock chips and scratches, 
few door dings, slight dents, paint oxidation, undercarriage rust here and there (IF ANY). 
Pretty normal stuff for a 12 years old vehicle with 164k.+ miles.
We don't guarantee vehicle paint / any repaint panels or body in the past (IF ANY). 
Overall the body is straight and clean. We tried to describe all the flaws in the exterior in the best way we can,
plus its all been pictured. Once again nothing major. We took detailed photos so you can get an idea, what do we mean.
We couldn’t find anything else that'll catch our attention. Please look carefully at all photos.
What you see is what you get.
 
 
Interior:
 
 
The inside of this unit is still in good condition as well. The few things that need attention in this car's interior are -
some normal interior wear for 164k.+ miles 12 years old vehicle. The vehicle comes with 1 OEM key.
Owner manual book(s) is/are presented in this vehicle. Please, look carefully at all the photos.
In our opinion this vehicle is NOT an ex-smoker / pet vehicle. It smells fresh nice and clean. 
 
What you see is what you get.
 
Mechanics:
 
This unit is very sound. The motor runs strong and the transmission shifts as supposed to. 
We could not locate any current leaks in this vehicle. Everything in the car is working just fine.
The sunroof is operating properly. Heated seats are working just fine.
All the tires are in used-good condition as you can see in pictures. The spare tire is ok. 
The A/C is ice cold and as well the heater is really hot. No vibrations of any kind. 
Strong and smooth brakes. With so much power this vehicle is ready to go!
Everything works in this gorgeous vehicle!!!
What you see is what you get.
 

CLOSE TO 125 PICTURES

OF THIS VEHICLE ARE

AVAILABLE IN THE LISTING!!!

ENJOY :)))

 
IF YOU ARE UNABLE TO SEE ALL THE PICTURES
FOR SOME REASON, PLEASE CLICK ON THE LINK BELLOW
AND IT WILL TAKE TO THE DIRECT PICTURES GALLERY FOR THIS VEHICLE.
 
http://menubg.com/menubg_gal/main.php?g2_itemId=423934
 


























































































































CARFAX Vehicle History Report
2001 LEXUS LS 430
VIN: JTHBN30F810002496
SEDAN 4 DR
4.3L V8 FI DOHC
REAR WHEEL DRIVE
Standard Equipment | Safety Options
Standard Equipment
Power Windows, Power Steering, Air Conditioning, AM / FM CD, Power Brakes, Tilt Wheel, 6-digit Odometer
Safety Options
4 wheel ABS, Running Lights, Dual air bags front, head, and sides/passive (automatic) belts
 
Accident/damage reported
Accident / Damage reported
CARFAX 1-Owner vehicle
CARFAX 1-Owner vehicle
Service information available
5Service records available
Registered as a personal vehicle
Personal lease vehicle
Last reported odometer reading/mileage
Last reported odometer reading
CARFAX Price Adjustment
$1,500 Below retail book value
Just say, Show Me the CARFAX!

 

Ownership History

The number of owners is estimated
Owner 1
Year purchased 2000 
Type of owner Personal lease
Estimated length of ownership 12 yrs. 10 mo. 
Owned in the following states/provinces Oklahoma, Nevada 
Estimated miles driven per year 13,044/yr 
Last reported odometer reading 161,466 

Title History

CARFAX guarantees the information in this section
Owner 1
Salvage | Junk | Rebuilt | Fire | Flood | Hail | Lemon Guaranteed
No Problem
Not Actual Mileage | Exceeds Mechanical Limits Guaranteed
No Problem
GUARANTEED - None of these major title problems were reported by a state Department of Motor Vehicles (DMV). If you find that any of these title problems were reported by a DMV and not included in this report, CARFAX will buy this vehicle back. Register | View Terms | View Certificate

Additional History

Not all accidents / issues are reported to CARFAX
Owner 1
Total Loss
No total loss reported to CARFAX.
No Issues Reported
Structural Damage
No structural damage reported to CARFAX.
No Issues Reported
Airbag Deployment
No airbag deployment reported to CARFAX.
No Issues Reported
Odometer Check
No indication of an odometer rollback.
No Issues Indicated
Accident / Damage
Accidents reported on: 09/13/2002, 02/07/2008 and 09/22/2010.
Accident Reported
Manufacturer Recall
Check with an authorized Lexus dealer for any open recalls.
Ask Your
Dealer
Basic Warranty
Original warranty estimated to have expired.
Warranty
Expired

Detailed History

Owner 1
Purchased: 2000
Type: Personal lease
Where: Oklahoma, Nevada
Est. miles/year: 13,044/yr
Est. length owned: 11/14/00 - present
(12 yrs. 10 mo.)
Low mileage! This owner drove less than the industry average of 15,000 miles per year.
Date: Mileage: Source: Comments:
10/08/2000     NICB   Vehicle manufactured
and shipped to original dealer
11/03/2000   15   Lexus of Tulsa
Tulsa, OK
918-665-3987
lexusoftulsa.com  
Vehicle serviced
11/14/2000     Oklahoma
Motor Vehicle Dept.
Tulsa, OK  
Titled or registered as personal lease vehicle
11/14/2000   499   Oklahoma
Motor Vehicle Dept.
Richardson, TX
Title #726100319011  
Title issued or updated
First owner reported
04/13/2002   16,959   John Harvey Toyota Lexus
Bossier City, LA
318-741-1337
318-741-1337
johnharveytoyota.com  
Vehicle serviced
09/13/2002     Nevada
Damage Report  
Accident reported
Involving left front impact
Vehicle towed
10/15/2003     Nevada
Motor Vehicle Dept.
Las Vegas, NV  
Registration updated when owner moved
the vehicle to a new location
03/04/2005   36,906   Nevada
Motor Vehicle Dept.
Las Vegas, NV
Title #7834981  
Title issued or updated
Loan or lien reported
11/13/2007     Nevada
Motor Vehicle Dept.
North Las Vegas, NV  
Registration updated when owner moved
the vehicle to a new location
02/07/2008     Nevada
Damage Report  
Accident reported
Involving front impact
09/05/2008   94,138   Lexus of Las Vegas
Las Vegas, NV
702-942-6600
lexusoflasvegas.com  
Vehicle serviced
12/09/2008   97,696   Lexus of Las Vegas
Las Vegas, NV
702-942-6600
lexusoflasvegas.com  
Vehicle serviced
11/12/2009   111,271   Nevada
Inspection Station
North Las Vegas, NV  
Failed emissions inspection
11/19/2009   111,572   Nevada
Inspection Station
North Las Vegas, NV  
Passed emissions inspection
09/22/2010     Nevada
Damage Report  
Accident reported
Involving rear impact
11/03/2010   126,728   Nevada
Inspection Station
North Las Vegas, NV  
Passed emissions inspection
10/28/2011   140,934   Nevada
Inspection Station
North Las Vegas, NV  
Passed emissions inspection
11/15/2011     Nevada
Motor Vehicle Dept.
North Las Vegas, NV  
Registration issued or renewed
10/19/2012   155,030   Nevada
Inspection Station
Las Vegas, NV  
Passed emissions inspection
10/22/2012     Nevada
Motor Vehicle Dept.
North Las Vegas, NV  
Registration issued or renewed
03/29/2013   161,466   Just Brakes
Las Vegas, NV
702-651-9838
 
Oil and filter changed

*****************************************************************

IF YOU HAVE ANY QUESTIONS,
PLEASE CALL JOEY AT 702 576 4276
OR ME EMAIL AT: joey.bow@hotmail.com
******************************************************************
 

PLEASE, BE ADVISED THAT IF YOU PURCHASE THIS ITEM LEGALLY
THROUGH EBAY AND FOR SOME REASON YOU BACK UP ON THE DEAL,
YOU WILL BE CHARGED $190.00 CANCELLATION FEE.
YOU WILL HAVE TO PAY THIS WITHIN 24 HOURS OF CANCELLATION TIME.
IF YOU FAIL TO DO THAT, FURTHER LEGAL ACTION WILL BE TAKEN
AND THIRD PARTY LEGAL HELP WILL BE INVOLVED IN THIS MATTER. NO EXCEPTIONS !!!
 
   ****************************************************************** 
 
WE DO NOT ACCEPT PAYMENT BY PAY PAL FOR THE FINAL PAYMENT /
REMANING BALANCE. PAY PAL IS ONLY ACCEPTED FOR THE $500.00
NON-REFUNDABLE DEPOSIT DUE WITHIN 48 HRS OF AUCTION ENDING.
 FOR THE FINAL PAYMENT / REMANING BALANCE IN FULL
WE ACCEPT CERTIFIED BANK CASHIERS CHECK MADE OUT TO "CERTIFIED AUTO LLC",
CERTIFIED BANK WIRE TRANSFER OR CASH IN PERSON !!!
 
 
************************************************************************
 
PLEASE BE ADVISED THAT ALL
LOCAL CUSTOMERS WILL BE CHARGED ADDITIONAL:
8.1% NV SALES TAX,
$250.00 - DOCUMENTATION FEE,
$28.25 - TITLE FEE,
$25.00 - SMOG CHECK FEE ON THE TOP OF THE SALE PRICE !!! ~~~~~~~~~~
OUR OUT OF STATE CUSTOMERS WILL BE CHARGED ONLY
$190.00 - DOCUMENTATION FEE ON THE TOP OF THE SALE PRICE !!!
 ~~~~~~~~~~
NO EXCEPTIONS !!!
 
************************************************************************
 
BIDDERS WITH ZERO (0) FEEDBACK, PLEASE CONTACT JOEY AT 702  576 4276
OR VIA EMAIL: joey.bow@hotmail.com, BEFORE PLACING A BID.
OTHERWISE YOUR BID/S WILL BE CANCELED.
THANK YOU !!!
 
**************************************************************************
 
WE RESERVE THE RIGHT TO END THIS AUCTION AT ANYTIME,
IF VEHICLE IS SOLD OUTSIDE OF EBAY TO A THIRD PARTY
NOT CONNECTED WITH THE EBAY AUCTION FOR THAT VEHICLE !!!
 
**************************************************************************
 
 
IF YOU HAVE ANY QUESTIONS,
PLEASE CALL JOEY AT 702 576 4276
OR ME EMAIL AT: joey.bow@hotmail.com
**************************************************************************
 
PLEASE READ AND REMEMBER:
 
OUR COMPANY OR ANY INDIVIDUAL EMPLOYEE OF OUR COMPANY – 
CERTIFIED AUTO LLC, IS NOT GOING TO PAY OR BE RESPONSIBLE FOR ANY DAMAGES
OR REPAIRS DONE ON/TO THIS VEHICLE ONCE RECEIVED FROM ITS NEW OWNER(S)!!!
 
***************************************************************************
 
 
COPY OF THE CURRENT CLEAN CARFAX REPORT FOR
THIS VEHICLE IS AVAILABLE UPON DEMAND ONLY.
PLEASE, IF REQUESTING A COPY OF THE CARFAX,
PROVIDE US WITH VALID EMAIL ADDRESS OR FAX NUMBER,
SO WE CAN SEND IT TO YOU.
 
THANK YOU
 
***********************************************************************
 
You are buying a pre-owned vehicle in great condition.
What you see is what you get. We don’t sell brand new vehicles.
You should expect the vehicle to have some normal interior wear,
stains or scratches or cracks here and there. Also some normal scratches, door
dings or small rock dents and some road debris chips here and there.
There is two types of used vehicles - Clean Pre-owned used
vehicle and used and abused junk vehicle. This one is the first type -
Clean Used Pre-owned vehicle. The vehicle might have few miles
more than what’s listed, because of test drives with customers
or other business reasons.  Bid with confidence and don’t miss your chance.
Please, read our feedback, if you doubt our honesty. Thank you for your time.
 
***************************************************************************
 
WARNING
 
PLEASE READ CAREFULLY:
 
ALL INSPECTIONS MUST BE DONE BEFORE THE AUCTION ENDS,
NO EXCEPTIONS! IT IS THE RESPONSIBILITY OF THE BUYER TO HAVE
THOROUGHLY INSPECTED THE VEHICLE AND TO HAVE SATISFIED
HIMSELF OR HERSELF AS TO THE CONDITION AND VALUE
AND TO BID BASED UPON THAT JUDGMENT SOLELY. THE SELLER SHALL
AND WILL MAKE EVERY REASONABLE EFFORT TO DISCLOSE
ANY KNOWN DEFECTS ASSOCIATED WITH THIS VEHICLE AT
THE TIME OF LISTING AND AT THE BUYER'S REQUEST
PRIOR TO THE CLOSE OF SALE. SELLER ASSUMES NO RESPONSIBILITY
FOR ANY REPAIRS NEEDED AFTER THE VEHICLE IS DELIVERED.
ALL SALES ARE FINAL. BY PLACING A BID ON THIS VEHICLE YOU
ARE ENTERING INTO A LEGAL AND BINDING CONTRACT TO
PURCHASE THE ABOVE-DESCRIBED VEHICLE. WE RESERVE THE RIGHT
TO CANCEL ALL EXISTING BIDS AND END THE AUCTION EARLY
SHOULD THE ITEM NO LONGER BE AVAILABLE FOR SALE.
PLEASE EMAIL US WITH ANY SPECIFIC QUESTIONS.
BECAUSE WE ARE LICENSED USED CARS DEALER IN
THE STATE OF NEVADA LIC#:39194. SOME OF THE TITLES MIGHT
NOT BE AVAILABLE FOR IMMEDIATE PICK BY THE CUSTOMERS
AT TIME OF THE VEHICLE PICK UP, THATS WHY WE WILL MAIL
THE TITLE AS SOONEST WE RECIEVE IT FROM THE PREVIOUS OWNER /
BANK OR A LIEN HOLDER. THANK YOU. BUYER PAYS FOR SHIPPING UNLESS
THERE IS A WRITTEN AGREEMENT BETWEEN SELLER AND BUYER.
 A $500 NON-REFUNDABLE DEPOSIT IS DUE WHITHIN 48 HOURS
OF THE END OF THE AUCTION THROUGH PAYPAL.
THE REST OF THE BALANCE MUST BE PAID WITHIN 7 DAYS
WITH A CASHIERS CHECK, WIRE TRANSFER OR CASH.
OUT OF STATE BUYERS ARE RESPONSIBLE TO PAY SALES TAX
AND REGISTRATION IN THEIR OWN STATE. AS A LICENSED DEALERSHIP
WE WILL COLLECT SALES TAX, SMOG FEE, TITLE FEE
AND DOCUMENTATION FEE FROM NEVADA RESIDENTS.
NO MONTHLY PAYMENTS!!!! PLEASE REMEMBER YOU ARE BIDDING ON A
USED CAR THEREFORE IT WILL HAVE SOME WEAR DUE TO AGE
AND USE. DO NOT BID IF YOU DON'T HAVE THE MONEY OR LOAN APPROVED
AND ONLY BID IF YOU INTEND TO BUY, SERIOUS BIDDERS ONLY.
YOUR BID IS YOUR CONTRACT, ANYONE WHO BACKS OUT WILL
BE REPORTED TO EBAY, GIVEN AN UNPAID STRIKE AND LEGAL
ACTIONS WILL BE TAKEN! EBAY IS NOT A GAME.
BID WITH CONFIDENCE AND CHECK OUR FEEDBACK.
 
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Be advised, this is a used vehicle, and as such,
it may have or develop issues or problems at any moment. It is likely not perfect.
We can't guarantee that I described every physical and internal defect or flaw.
The vehicle is sold as-is, where-is, with no warranty expressed or implied.
Please don't have unreasonable expectations that this is a new car.
The auction could be canceled at any time,
for any reason deemed by the seller.
All information described above is based on the condition
of the car when the ad was written.
Please feel free to contact us via email if you would like to
see the vehicle prior to bidding. We only ask that you not wait until
the last day of the auction, and please follow through on your appointment.
Your bid is your agreement to purchase the vehicle, not
to come and look at it and then decide.
You have ten days to do that before the end of the auction.
We've done my very best to
describe the vehicle as honestly as possible.
We don't know everything about the vehicle's condition
and don't claim to. We didn't go
over every inch of the car inside and out,
but tried to accurately describe the major points.
The vehicle has been described as
accurately as we know of its condition at the time of the auction.
The information listed in the auction is subject to unintentional
error. We know of no reason why you couldn't drive it anywhere,
but of course cannot make any guarantees.
 
AGAIN:
 
 WE ARE NOT GOING TO BE RESPONSIBLE OR PAY FOR ANY DAMAGES
OR REPAIRS DONE ON/TO THIS VEHICLE ONCE IT’S RECEIVED FROM THE NEW OWNER!!!!
 
Thank you.
 
***********************************************************************
FEEL FREE TO CALL US WITH ANY QUESTIONS AT 702 576 4276.
PLEASE, DO NOT BID IF YOU ARE NOT PREPARED TO MAKE PROMPT
PAYMENT ACCORDING TO OUR TERMS. NO EXCUSES -
BIDDING IS A LEGALLY BINDING CONTRACT TO BUY.
THIS IS A GREAT AUTO AND IS READY FOR MANY MORE MILES
AND YEARS OF GREAT SERVICE TO YOU. IT'S AN UNBELIEVABLE DEAL!!!
WE RESERVE THE RIGHT TO END THIS AUCTION AT ANYTIME,
IF VEHICLE IS SOLD OUTSIDE OF EBAY TO A THIRD PARTY
NOT CONNECTED WITH THE EBAY AUCTION FOR THAT VEHICLE.
THE BIDDERS WITH ZERO OR NEGATIVE FEEDBACK
PLEASE CALL US AT 702 576 4276 BEFORE PLACING A BID.
THANK YOU.
WE WILL BE MORE THAN HAPPY TO WALK YOU TROUGH THE CAR
ON THE PHONE WITH EVEN THE SMALLEST DETAILS YOU MIGHT WANT
TO KNOW FOR THAT CAR BEFORE PLACE A BID.
THANK YOU ALL AND HAPPY BIDDING.
 
 
Winning bidder must send a $500 non-refundable deposit via Pay Pal
verified bank account or bank check within 48 HOURS, and pay the
balance within SEVEN DAYS of the end of the auction.
 
MORE PHOTOS AND INFO ARE AVAILABLE BY REQUEST.
GOOD LUCK AND BID WITH CONFIDENCE.
WE WILL PICK YOU UP FROM THE AIRPORT WITH NO QUESTIONS ASKED AT ALL.
ALSO WE CAN ARRANGE SHIPPING DOOR TO DOOR FULLY INSURED FOR REALLY FARE PRICE.
 
********************************************************************************
 
 
IF YOU HAVE ANY QUESTIONS,
PLEASE CALL JOEY AT 702 576 4276
OR ME EMAIL AT: joey.bow@hotmail.com
 
THANK YOU AND MAY GOD BLESS US ALL.
  

Auto Services in Nevada

Ward and Sons Automotive ★★★★★

Auto Repair & Service
Address: 10296 Old Brockway Road, Crystal-Bay
Phone: (530) 550-7827

Val Halla Automotive Service ★★★★★

Auto Repair & Service, Auto Transmission
Address: 310 Gentry Way, Spanish-Springs
Phone: (775) 827-1611

Texaco Xpress Lube ★★★★★

Auto Repair & Service, Auto Oil & Lube, Gas Stations
Address: 1180 N Nellis Blvd Ste C1, North-Las-Vegas
Phone: (702) 452-3200

SUVs, Cars & Trucks R Us - Full Service Center ★★★★★

Auto Repair & Service, Automobile Parts & Supplies, Brake Repair
Address: 10127 W Charleston Blvd Ste C, Calico-Basin
Phone: (702) 551-9044

Sparks Automotive ★★★★★

Auto Repair & Service, Automobile Diagnostic Service, Automobile Inspection Stations & Services
Address: 1855 E Peckham Ln, Virginia-City
Phone: (775) 359-7333

Skip`s Spring Svc ★★★★★

Auto Repair & Service, New Car Dealers, Automobile Body Repairing & Painting
Address: 5310 Procyon St, North-Las-Vegas
Phone: (702) 261-9917

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2019 Lexus ES 350 starts at just $550 more than outgoing model

Mon, Jul 30 2018

Lexus wants you to pay attention to the 2019 ES. The all-new, seventh-generation midsize sedan that Lexus benchmarked against the Mercedes-Benz E-Class and Audi A6 gets a base price that just a few hundred over the old car. The entry-level ES 350 starts at $39,500; after $1,025 for destination and handling, that's $40,525 out the door and $550 more Washingtons than the 2018 model required. The mid-level ES 300h starts at $43,310, or $44,335 out the door. That saves $510 compared to the 2018 version, and it gets better fuel economy. The all-new ES 350 F Sport starts at $44,035, for $45,060 out the door. Every model rides on the Toyota New Global Architecture, known as GA-K here. The lighter, stiffer body hides improved mechanicals like rack-mounted electric power steering, and a new multilink rear suspension that encouraged fun driving during our recent review. The updated Lexus Safety System+ 2.0 comes standard on all models, and incorporates new features like daytime bicyclist detection and low light pedestrian detection. The ES 350 and ES 350 F Sport get a 3.5-liter V6 with 302 horsepower and 267 pound-feet of torque, 34 hp and 19 lb-ft over the former sedan, working through a new eight-speed transmission. The F trim makes itself known with 19-inch wheels, rear spoiler, and retuned suspension. EPA ratings for the ES 350 come in at 22 mpg city, 33 mpg highway and 26 mpg combined, an increase of two more miles per gallon on the combined cycle. The ES 350 F Sport is rated at 22 mpg city, 31 mpg highway and 25 mpg combined. The ES 350h uses a 2.5-liter Atkinson-cycle four-cylinder with fourth-generation Hybrid Drive. The 215 total horsepower from the ICE and electric motor returns 43 mpg city, 45 mpg highway, and 44 mpg combined. Lexus says this makes it the most frugal luxury car out there that doesn't have a plug. The ES is also the first Lexus to offer Apple CarPlay, on top of being able to use Amazon Alexa to communicate between the sedan and the home. The 2019 Lexus ES goes on sale in September. Related Video:

Are you the 2016 Lexus LX 570? [w/video]

Mon, Jun 1 2015

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Luxury car brands scrambling to avoid a blue Christmas

Thu, Nov 2 2017

DETROIT — When financial markets surge to new records, sales of luxury cars usually rise, too. Instead, October U.S. auto sales reports on Wednesday showed that a collapse in sales of luxury sedans is accelerating. Consumers have gradually shifted over to luxury sport utility vehicles from sedans in the past decade, but the trend — which has occurred in both the non-luxury and luxury sedan segments of the auto market — was particularly pronounced in October. Sales of Daimler AG's Mercedes-Benz S-Class, long a global benchmark for large, premium sedans, plunged 49 percent in October, and are down 24.8 percent for the year to date. General Motors' Cadillac brand said it sold just 779 of its CTS sedans in October. Demand for that car, designed to compete with German luxury sedans, is down nearly 33 percent for the year. "There's still a significant portion of the market that wants a car, but I'm sure there were people who preferred a horse to a car at one point." Cadillac's best-selling model this year is the XT5 compact SUV, which has more than doubled sales from a year ago. The shift within the luxury vehicle market away from sedans toward SUVs of all sizes is forcing some of the most prestigious brands to scramble to add SUV models to their lineups or boost SUV production to meet demand. "In the short term, there will be pressure to add (consumer) incentives, cut production or both," said Cox Automotive analyst Michelle Krebs. "And we just don't see an end in sight to this trend." The Dow Jones Industrial Average has been trading at all-time highs, usually a good sign for luxury sedans, but as major automakers reported new U.S. vehicle sales for October on Wednesday, sales for passenger cars continued their slide while luxury SUV and crossover sales rose again. According to Kelley Blue Book data, in 2007 luxury sedans made up 7.6 percent of U.S. new vehicle sales, while luxury SUVs made up 4.2 percent. Through September this year, luxury SUVs made up just over 7 percent of the market, compared with 4.9 percent for luxury sedans. In the short term, luxury brands could use holiday season sales promotions to clear slow-selling sedans off dealer lots, analysts said. Toyota's Lexus brand said on Wednesday it will launch its "December to Remember" year-end sales promotion for the 18th straight year.