Lexus LM350, LC500 Convertible get new pricing due to SST rebate extension – now RM1.1mil to RM1.3 mil

Lexus LM350, LC500 Convertible get new pricing due to SST rebate extension – now RM1.1mil to RM1.3 mil

It’s been quite a while since Lexus Malaysia launched the LM 350 and LC 500 Convertible – the luxury minivan debuted in April, whereas the droptop grand tourer was introduced way back in November last year. Back when they were launched, both cars were given prices that included the full sales and service tax (SST) because their deliveries were due to start after the rebate was supposed to be lifted.

Now that the government has extended the SST exemption for a second time to the end of the year, the Japanese luxury brand has released new prices that include the 50% rebate. The savings are significant – RM41,487 for the LM 350 and RM47,185 for the LC 500 Convertible.

Lexus LM350, LC500 Convertible get new pricing due to SST rebate extension – now RM1.1mil to RM1.3 mil

Mind you, even with those hefty discounts, the cars are not exactly cheap. The LM 350 now retails at RM1,106,513 on-the-road without insurance, while the LC 500 Convertible still costs a hefty RM1,302,815. You do at least get a five-year, unlimited-mileage warranty as part of the purchase, with the Convertible also getting a new five-year/100,000 free service package.

Otherwise the specs are the same as before. The LM 350 is offered in four-seater form, powered by a 2GR-FKS 3.5 litre naturally-aspirated V6 with 296 hp and 361 Nm of torque, mated to an eight-speed automatic gearbox. The LC 500 Convertible, on the other hand, derives its sonorous 2UR-GSE 5.0 litre naturally-aspirated V8 from the coupé, sending 470 hp and 540 Nm to the rear wheels through a ten-speed auto.

GALLERY: Lexus LM 350 in Malaysia


GALLERY: Lexus LC 500 Convertible in Malaysia

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Jonathan Lee

After trying to pursue a career in product design, Jonathan Lee decided to make the sideways jump into the world of car journalism instead. He therefore appreciates the aesthetic appeal of a car, but for him, the driving experience is still second to none.

 

Comments

  • Semi-Value (Member) on Jun 03, 2021 at 9:25 pm

    a lot of money for a pimped up hiace

    Like or Dislike: Thumb up 22 Thumb down 6
    • Civic Turbo 2018 on Jun 04, 2021 at 8:00 am

      or rather OVER-glorified Alphard

      Like or Dislike: Thumb up 10 Thumb down 1
      • Dream on Jun 04, 2021 at 8:13 am

        Rich man always want ever better premium cars
        Most can looks for Good Value cars.

        Like or Dislike: Thumb up 4 Thumb down 0
      • Amran on Jun 04, 2021 at 9:52 am

        More Msians gonna owning more Lexus cars as Malaysia becoming a High income nation by 2022. Full credits to govt and leaders we have, Syabas!

        Like or Dislike: Thumb up 10 Thumb down 0
    • Kim Jong Din on Jun 04, 2021 at 9:34 am

      During total lockdown,can any cars be delivered to your doorstep,say all the loan processing is approved.If the total lockdown goes on for 3 months..do u mean no new registration of new cars at all?

      Like or Dislike: Thumb up 1 Thumb down 0
    • Billy on Jun 04, 2021 at 11:43 am

      Pimped up hiace? What have u been smoking?

      Like or Dislike: Thumb up 1 Thumb down 4
      • Afterlife Club on Jun 04, 2021 at 9:10 pm

        inhaled too much incense at funeral parlour, best van for hearse.

        Like or Dislike: Thumb up 0 Thumb down 0
  • King of Sushi on Jun 03, 2021 at 11:26 pm

    Simply no fight. Simply no equal.

    Confirm the front grille has most “bling” among all Japanese vehicles ever.

    Like or Dislike: Thumb up 2 Thumb down 1
  • jinggo on Jun 02, 2021 at 6:47 pm
    Cukup2 dah la Lexus, majoriti dah lme xminat jenama Lexus.

    Like or Dislike: Thumb up 7 Thumb down 3
  • RM1 mil?
    I rather go for a Porsche 911
    Maybe the Porsche may cost me 1.5mil…still worth it more than these two

    Like or Dislike: Thumb up 4 Thumb down 4
    • Contender on Jun 04, 2021 at 2:02 pm

      Which means you cannot afford … period! Neither can I afford and the majority of the keyboard warriors trolling here.

      This is for the ultra high net worth……

      Like or Dislike: Thumb up 3 Thumb down 0
  • Betik yang Betul on Jun 04, 2021 at 11:02 am

    The car costs so much….but getting “typical” deign sport rims??

    Like or Dislike: Thumb up 0 Thumb down 0
  • nik azlan on Jun 10, 2021 at 2:16 pm

    That Lexus minivan looks hideous and scary!!

    Like or Dislike: Thumb up 0 Thumb down 0
 

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