What used Lexus LS saloon will I get for my budget?
How much does it cost to run a Lexus LS saloon?
The LS is a far from cheap to own and run. Its second-hand value falls faster than average for luxury cars, losing almost two-thirds of its original worth in the first three years of its life. As a result, buying a nearly new one is a costly prospect, while a three-year-old model makes a lot more sense.
Fuel economy runs at up to 25mpg overall, which isn't too bad for a big 4.3 engine, and the car's in insurance group 17, which is also reasonable.
However, servicing is as expensive as you'd expect for a big luxury saloon. And, to make matters worse, there isn't much of a network of knowledgeable independent garages prepared to fix and fettle your LS more affordably than a main dealer will.
Spares are dear, but the car's near-legendary reliability means that you shouldn't have to stump up for many unexpected repairs outside the normal servicing schedule.