I'm a bit shocked how few GXs are sold in Canada. Talk about a rare vehicle north of the border for a mass production vehicle.... makes me wander why they even bother with the Canadian market at all routinely selling less than 500 for an entire year.

 

2018-> 4K cash on the hood folks were buying
2019-> No 4K cash on the hood folks are buying less
2020->4k cash on the hood folks were buying

Idk, it looks like the market for buyers goes up proportionally to how much Lexus cash there is available.

 

 

LX sales in Canada

https://www.goodcarbadcar.net/lexus-lx-sales-figures/

 

And to think Lexus might discontinue the GX....

 

Newish to this forum. Super neat chart. If it's not too much trouble, would you be able to show a Sum column that adds annual sales by year? Would be interesting to see!

 

Actually on that linked page but here they are as well

 

Isnt the price point on a GX much higher in CA?

 

Perhaps related https://www.nytimes.com/2020/11/12/b...-defender.html

 

but the $4000 cash ended on Sept 30th ... so that should not affect October’s stronger sales numbers right?

 

So it depends.

If your primarily looking at this by the 3rd party aggregators of data from the above site, who tabulate monthly sales without drilling down into MYs, then yes that statement should be true.

If you break down the data by the number of selling days in the month of October and then further filter the data by MY20 vs MY21 then no. From the data available, the first 2 selling weeks in October MY20 GX had about 40-70% of the sales and by the end of the month, MY20s are down in the single digits.

The true test in fairness would be November Sales. MY20 is still posting sales in the 1% range since inventory is gone.

If we were to step away from analyzing Sept sales as the end all, and say analyze June-August of this year or July-Aug 2018 both times the 4k cash came into play and inventory was steady (as they could be) the push for higher incentives seems like the correct play for the GX till the next iteration.

 

So some tentative updates
600 sales/week all of nov, until last week now its 800 sales a week. I think the GX maybe coming close to hitting two months of record sales in a row

 

So is the GX really getting discontinued?

 

Last week a bit down, 1.2% 2020, less then a percent 2019s, and the rest are 2021s are slightly down, but while I dont have the exact number due to the data presentation but its close to at least 2800.

Interesting to see that the average buyer typically was getting an 8% discount back in August on MY21s, while the average buyer discount now is 2.2% in November.

Average buyer for Lexus does not purchase but rather leases their GX (67% lease a Lexus) and visits 1.1 dealership (i dont know how one visits .1 dealership but MATH). EDIT: 1.1 is an industry wide metric, but the 67% is a Lexus specific metric.

 

The 1.1 metric is interesting. That means most GX buyers doesn't shop around that often?