Like Toyota Motor PH, Lexus PH also increases prices on select models

Last May 1, 2024, Toyota Motor Philippines announced an increase in the suggested retail prices (SRP) of several models in their local lineup. It was not limited to just those though as it turns out that price increases have also taken effect for select models in their luxury counterpart’s local lineup.

That’s right, prices have also increased for select models in the lineup of Lexus Philippines. Compared to those in Toyota’s lineup though, the increases are a bit more significant in the Japanese luxury automaker’s lineup, ranging from Php 70,000 to Php 250,000.

We won’t keep you reading for long. Here are the affected Lexus models and variants and their new respective SRPs:

LS

• LS500h Premier 5-seater – Php 9,938,000 (+ Php 200,000)
• LS500 Premier – Php 10,508,000 (+ Php 210,000)
• LS500h Premier 4-seater – Php 12,248,000 (+ Php 240,000)

It is good to note that Lexus Philippines has also added a new LS500h Executive variant for their flagship sedan. It retails for Php 6,838,000.

RC

• RC350 – Php 4,728,000 (+ Php 100,000)
• RC F – Php 9,068,000 (+ Php 180,000)

LC

• LC500 – Php 11,098,000 (+ Php 220,000)
• LC500 Convertible – Php 12,368,000 (+ Php 250,000)

LM

• LM350h 7-seater – P7,738,000 (+P160,000)
• LM350h 4-seater – P12,048,000 (+P240,000)

NX

• NX350h Executive – Php 3,588,000 (+ Php 70,000)
• NX350h Premier – Php 4,818,000 (+ Php 100,000)
• NX350 F Sport – Php 4,878,000 (+ Php 100,000)

RX

• RX350h Executive – Php 5,268,000 (+ Php 110,000)
• RX350h Premier – Php 6,418,000 (+ Php 130,000)
• RX500h F Sport Performance – Php 6,908,000 (+ Php 140,000)

LX

• LX600 Premier – Php 10,788,000 (+ Php 220,000)
• LX600 F Sport – Php 11,058,000 (+ Php 220,000)

Oh and that’s not all. Noticeable is that the Lexus GX midsize luxury SUV has been removed from their official price lists. This could mean that the all-new generation model could launch locally very soon.