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2013 Lexus ES Pricing Speculation

Kevin May 31st, 2012

Lexus ES Hybrid

Mark Rechtin of Automotive News has published his first impressions of the 2013 ES, and included some interesting numbers:

Lexus hopes to sell about 100,000 units a year, 50,000 to 60,000 of them in the United States. Prices won’t be announced until closer to the car’s August on-sale date, but executives said the sticker should remain close to that of the current model’s $37,150, including freight. Still, with the strong yen and more content, expect some price bump.

In 2008, the ES 350 sold 64,135 units, and in 2011, the ES sold 40,873 units — with these two numbers in mind, Lexus’ estimate of 50-60k sales in the USA seems conservative, especially with the introduction of a hybrid powertrain.

As for pricing, I wouldn’t expect it to jump too much — after all, the GS price didn’t increase at all with the new 2013 model, and no major price adjustments seems like a good strategy to follow.

A bigger question is the how the ES 300h will be priced — in order to fuel my speculation, let’s turn to the Toyota Camry, which shares the same engines:

  • Camry XLE (3.5L V6): $30,115
  • Camry XLE Hybrid (2.5L 4-cylinder hybrid): $27,500

Not to suggest that the ES 300h will be $2,615 cheaper than the ES 350 — after all, the ES hybrid gets additional standard equipment like the bamboo wood trim and a rear spoiler — but I get the feeling that pricing between the two will be very close.

One final thing to consider is sales of the ES 350 vs. ES 300h — Lexus expects the ES 300h to make up only 25% of overall sales, but what if pricing is so similar that it becomes a personal decision rather than a monetary one? Which would you choose?

[Source: Automotive News]

Lexus ES: Fifth Generation Previews Reviews USA

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