Lexus Announces Price Increase on Select '03 Models

TORRANCE, Calif., March 28 -- Lexus announced a price increase today for select 2003 models.

The manufacturer's suggested retail price (MSRP) of the flagship LS 430 luxury sedan and SC 430 sport coupe will increase $200. The LS 430 will be priced at $55,125, representing a 0.4 percent change, while the SC 430's MSRP will be $62,225, a 0.3 increase. The price for Lexus' premium SUV, the LX 470, will increase 0.8 percent, or $500, to $63,625. The MSRP for the fourth generation ES 300 luxury sedan will increase $100 to $31,725, a 0.3 percent change. The price changes are effective April 19.