ToddRiley

Any word on when the 2022 ES's are coming out? In the past there are years the new models have been out by now.

ESh

Mid fall I heard.

LexFinally

In a story dated yesterday, cars.com says October.
https://www.cars.com/articles/2022-l...h-more-441239/

bc6152

Whew! An $800.00 increase in price for the 350 Executive Sedan. A lot IMO... And a touch screen want it or not...

mikemu30

Prices for everything across the board are out of control. We'll leave it at that.

LeeSoFL

Really, the price of dirty stuffed olives has almost doubled.

dklanecky1

I've been reading recently that the annual COLA Social Security Increase is anticipated to be in the 6% range.

While 2% is significant, it doesn't seem to be that aggressive.

mikemu30

The cost of moving a freight container across the pond is nearly 5x what is was before this mess. Then there's higher domestic freight due to crude costs and we have a huge economic mess on our hands. Back on topic - how bout that 22 ES😋

ESh

I am keen to know will the prices od the 2019/2020 go down when the ‘22 model goes on sale?

lesz

If this was a normal time, I'd expect that the value of a 2019-2021 ES would have been going down gradually over the last 10 months or so, and, when the 2022s hit the showrooms, I'd expect a further reduction in their value.

But the current times have been far from normal. Over the course of the last 6-8 months, the value 2019-2021 vehicles has gone up significantly. When the 2022 models hit the showroom, I would expect that, because of the continued chip shortages and other factors, the number of new vehicles that will be hitting the showrooms will be smaller than what you would normally expect, and those 2022 ES will likely be selling for prices that are near to or even above MSRP.

Because the number of new 2022 ES will be relatively small and because of the higher sales prices of those cars, I would expect that values of used 2019-2021 ES will go down a bit, but not much, when the 2022s arrive in the showrooms.

ESh

I just spoke to a salesman from a Lexus dealer in MI and he said they have 0 (zero) new ES’s, he also said that the Kentucky factory was closed for 3 weeks.
They have no idea when they will get the ‘22 model, plus there wont be enough cars.

mikemu30

Is there really that much demand for a sedan these days?

lesz

There is no question that the demand for sedans continues to shrink more and more every year, but, if the manufacturers only are able to get the parts to build a relatively small number of sedans, the demand for sedans will still exceed the small number of sedans being built. And, as I said above, that is why it is likely that, for the foreseeable future, people will be paying MSRP or more for new sedans, and prices for used sedans will continue to be inflated.

E46CT

Honestly I think my next car will be electric. It's sad that Lexus has not shown off any development in electric cars. Mercedes already has a FULL electric lineup in every category already in development stage. While only Toyota has shown off an electric Rav4. The electric car era is coming fast, hard, and heavy. It's going to be the new norm sooner than you think.

I think this is why Toyota is lobbying US gov to be less enthusiastic on EV. They're unprepared. Caught flat footed. Banked too much dev time and resources on hybrids and underestimated how fast EV would come.

mikemu30

Toyota is probably smarter than you think. We are NOT ready for a full EV society and it will likely be years before we are. Govt just trying to stuff it down our throats.