Lexus Announces Price Increase on Several '04 Models

TORRANCE, Calif., April 9 -- Lexus announced a price increase today for six of its 2004 models.

The manufacturer's suggested retail price (MSRP) for Lexus' full-capability luxury SUV, the LX 470, will increase 0.5 percent, or $300, to $64,475. The GX 470 mid-size luxury SUV, will increase 0.2 percent, or $100, to $45,375. The MSRP for the all-new second-generation RX 330 mid-size luxury SUV will increase $100, a 0.3 percent change, to $35,275 and $36,675 for the front-drive and all-wheel drive models, respectively.

The Lexus LS 430 flagship sedan will increase 0.5 percent, or $250, to an MSRP of $55,375. The MSRP for the GS 300 performance sedan will increase 0.4 percent, or $150, to $38,875, while the GS 430 will increase 0.3 percent, or $150, to $47,975. And, the SC 430 will increase 0.5 percent, or $300, to an MSRP of $62,875.

The price changes are effective as of April 1, 2004.