Lexus Announces 2003 Prices

TORRANCE, Calif., Sept. 9, 2002 -- Lexus announced manufacturer's suggested retail prices (MSRP) today for the 2003 RX 300 luxury utility vehicle, the GS 430/300 sport sedans, and IS 300 models.

The popular Lexus RX 300's value has been enhanced for the new model year with a new, standard power tilt and slide moonroof with a one-touch open/close feature and pinch protection. The MSRP for the 2003 RX 300 starts at $35,125 for the 2WD model and $36,925 for the 4WD configuration. The MSRP, including the now standard moonroof, has increased by 3.4 percent, or $1,170 on the 2WD version and $1,220 on the 4WD model.

For 2003 the Lexus GS 430 and GS 300 sport sedans both add a moonroof and six-disc CD changer to their list of standard features as well as three new colors. The GS 300's standard 16-inch tire increases from a 215/60R16 to a 225/55R16, while the 2003 GS 430 will feature heated perforated leather-trimmed seats as standard and will offer a new design on its optional 17-inch aluminum alloy wheels. The base MSRP for the 2003 GS 300 increases 0.3 percent, to $38,725, and 0.9 percent for the GS 430, to $47,825.

The 2003 IS series models, which include the IS 300 sport sedan equipped with either a five-speed manual or electronically controlled automatic transmission, and the IS SportCross (automatic only), will have several tire and wheel upgrades.

An optional all-season tire will be available on all three of the IS models as well as a new-design 16-inch aluminum alloy wheel with 205/55R16 all-season tires.

Pricing for the 2003 IS series will remain unchanged from last year, with the base MSRP for the IS 300 five-speed at $29,435, and $30,805 for both the automatic IS 300 and IS SportCross models.