LS (2017 to Present)

The Lexus LS 500, manufactured globally in its fifth generation since 2017, represents the absolute peak of Japanese automotive luxury, though it is currently reaching its final milestone with the exclusive Heritage Edition for the 2026 model year. While major overseas markets have begun transitioning the nameplate toward an uncertain future, the 2026 Australian market continues to offer the LS 500 in both F Sport and Sports Luxury trims, powered by the impeccably smooth 3.5-litre twin-turbo V6. The desirability of the LS remains remarkably high among a dedicated niche that values "Takumi" craftsmanship—such as the intricate Kiriko glass and hand-pleated door linings—which stands in stark contrast to the more minimalist, screen-heavy interiors of its European rivals. The buyer pool in Australia is predominantly made up of corporate executives and long-term Lexus loyalists who prioritise the sedan's legendary whisper-quiet cabin and standard 23-speaker Mark Levinson audio system for long-distance regional touring. Locally, market value is exceptionally solid, particularly for the Sports Luxury variants with the Nishijin or Crimson interior themes, as 2026 buyers recognise these as the final petrol-powered flagships of a 36-year legacy, ensuring they remain a stable and highly liquid asset within the executive used-car landscape.

The Lexus LS 500, manufactured globally in its fifth generation since 2017, represents the absolute peak of Japanese automotive luxury, though it is currently reaching its final milestone with the exclusive Heritage Edition for the 2026 model year. While major overseas markets have begun transitioning the nameplate toward an uncertain future, the 2026 Australian market continues to offer the LS 500 in both F Sport and Sports Luxury trims, powered by the impeccably smooth 3.5-litre twin-turbo V6.… Read more