The new Lexus LX will cost owners a minimum of R41,802 a month if bought on a finance plan, according to a calculation done by TopAuto.
This latest SUV promises a luxurious driving experience, with a revised adaptive variable suspension system delivering a smooth and comfortable ride even while off-road.
Furthermore, the high-tech LX is kitted out with a host of off-road features, including four driving modes, six different terrain response modes, and a crawl control feature to help maintain traction at low speeds on slippery surfaces.
It doesn’t end there, however, as the premium models offer a wide array of driver assistance features, too, including a pre-collision system with pedestrian and daytime cyclist detection, front and rear parking support brake with obstacle and vehicle detection, rear cross-traffic alert with braking, and dynamic radar cruise control.
In terms of performance, the entry-level LX is fitted with a 3.3-litre, V6, twin-turbo diesel motor which provides 225kW and 700Nm to the all-wheel-drive system.
A petrol version is also available with a 3.5-litre, V6, twin-turbo block, generating 305kW and 650Nm.
Both versions use a 10-speed automatic transmission and achieve a top speed of 210km/h, but the diesel has a much better fuel consumption at 8.3l/100km, compared to the petrol’s 11.3l/100km.
All versions of the new LX are sold with a 7-year/100,000km warranty.
In order to calculate what the monthly payments on the entry-level LX would be, we can use the values below:
- Car price – R2,206,600
- Payment term – 60 terms (5 years)
- Interest – 9.5%
- Deposit – 10%
- Balloon – No balloon payment
- Extras – No optional extras
Using these figures, we arrive at a monthly payment of R41,802.
Financial experts then recommend that you do not spend more than 20% of your gross monthly salary on vehicle payments.
This means interested consumers will need to earn a minimum of R209,010 a month to “afford” the new Lexus.
It must be noted that this sum does not account for other ownership-related costs – such as insurance, fuel, and maintenance – which must also be included in your budget.