Jay sent us a question. “The Toyota Land Cruiser and Lexus LX570 are virtually the same SUVs except some cosmetic small changes so why so much price difference?”
That’s a good question, Jay. The reality is that there’s only about a $1,000 price difference between the base model Cruiser and the base model LX570. If you’re asking why a fully loaded LX570 (~$91k) is more expensive than a one-price-fits-all Land Cruiser ($85k) then I can answer that: options.
The LX570 has a host of things in it that the Land Cruiser cannot have. Things like better seating, more infotainment, better rear seat entertainment, a better warranty, better wheels, etc. There are lots of options available for the Lexus that aren’t on the Toyota.
Still, the price difference is pretty small. We’re talking about 12% at its widest gap and barely 1% at its lowest. That’s nothing compared to the gap between, say, a Chevrolet Traverse and a Buick Enclave.
Hopefully this helps with your question. Thanks and let us know if you want to know more!