The Lexus LX 570 went on sale today in China today, retailing with the rather extraordinary price tag of 1.3 million yuan, which translates to $179,000 USD, or roughly 242.5% higher than the USA’s retail price of $73,800.
Frankly, an increase of over $100,000 is astounding, yet it’s hardly out of place when looking at the competition. Let’s take a Mercedes GL450, which starts at $56,725 USD stateside. A chinese buyer would have to pay 1.348 million yuan, or $185,600 USD, a whopping 327.2% increase. The BMW X5 4.8i is even worse, though not by much. It retails for $54,500 USD in the States and costs 1.336 million yuan ($184,000 USD), an increase of 337.6%.
Put into this context, it could be said that the Lexus LX 570 is the best deal, but that’s hardly an argument I’d be willing to make.