Insane Used Car Market and best time to sell GS?
#16
i have contemplated this as well, but why would a sell a great reliable car, and for what? Maybe a 2013 and up LS but that is going to cost more then i want to spend right now
#17
Lexus Champion
The GS sold well for years. As I recall, the original sales goal of the 4GS was 20k a year. The issue is that Lexus let it stagnate.
2012 - 22,160
2013 - 19,742
2014 - 22,198
2015 - 23,117
2016 - 14878
2017 - 7,773
2018 - 6,604
2019 - 3,378
2020 - 2,560
2012 - 22,160
2013 - 19,742
2014 - 22,198
2015 - 23,117
2016 - 14878
2017 - 7,773
2018 - 6,604
2019 - 3,378
2020 - 2,560
#18
The trend is towards SUVs. Maybe they name a SUV as GS. Who knows.
https://carbuzz.com/news/is-toyota-f...rown-in-the-us
https://carbuzz.com/news/is-toyota-f...rown-in-the-us
#19
Lexus Test Driver
No, please do not turn the GS name into SUV. Just let the GS rest in peace.
#20
woops wrong forum
#21
Intermediate
If the sales expectations were 20k per year like you say, it looks like they should have been happy for four years until 2016. Well, what happened in 2016? They probably announced a refresh and got people hoping there would be some significant changes and what did they do? Changed the grill and that was about it. If I had to guess, a lot of people who would have bought the GS looked elsewhere when there was no significant change and that was the beginning of the end. It's almost like Lexus set the GS up to fail and when it did they said, "see, nobody's buying it, let's cancel it". I'd be willing to bet if they made some significant changes to it in 2016, it would have sold better.
#22
If the sales expectations were 20k per year like you say, it looks like they should have been happy for four years until 2016. Well, what happened in 2016? They probably announced a refresh and got people hoping there would be some significant changes and what did they do? Changed the grill and that was about it. If I had to guess, a lot of people who would have bought the GS looked elsewhere when there was no significant change and that was the beginning of the end. It's almost like Lexus set the GS up to fail and when it did they said, "see, nobody's buying it, let's cancel it". I'd be willing to bet if they made some significant changes to it in 2016, it would have sold better.
#23
Lexus Test Driver
iTrader: (1)
It was a mid generation refresh and Lexus did exactly that, updated the infotainment, facelift, and tuned a bunch of other things. What they needed was a redesign to even have a shot of revitalizing the GS. This current generation has gone on for nearly 10 years, it's way past run it's course and Lexus decided to just can it.
#24
It was a mid generation refresh and Lexus did exactly that, updated the infotainment, facelift, and tuned a bunch of other things. What they needed was a redesign to even have a shot of revitalizing the GS. This current generation has gone on for nearly 10 years, it's way past run it's course and Lexus decided to just can it.
The following 3 users liked this post by peasodos:
#26
#27
The GS sold less than 5k units in 2019. The ES sold ten times that. There's no reason for Lexus/Toyota to put the time and R&D money into producing a new generation of GS. It's a declining and increasingly niche segment
As far as used prices go, it's going to be like this for awhile. The chip shortages will not be abating anytime soon, regardless of the pandemic. There is severe drought in Taiwan and semiconductor plants use a lot of water
As far as used prices go, it's going to be like this for awhile. The chip shortages will not be abating anytime soon, regardless of the pandemic. There is severe drought in Taiwan and semiconductor plants use a lot of water
Last edited by firelikeiy; 05-27-21 at 12:53 AM.
#28
When I saw the leaked interior photos of the new NX, it didn't wow me. I though I was looking at a Toyota and I'm disappointed that Lexus didn't put in the effort to make it unique.
What I'm saying is that Lexus is not risking anything and playing it too safe. Having each models stay on the market for more than 4 years without a major redesign is going to hurt them in sales.
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