Buying a Used Lexus LC 500: Everything You Need to Know Before Owning One

The Lexus LC 500 stands as one of the most striking and luxurious sports cars from Lexus. Known for its bold design, refined luxury, and exhilarating naturally aspirated V8 engine, the LC 500 has carved out a unique spot in the sports car world. While many enthusiasts eagerly await Lexus’ next-generation hybrid supercar, the LC 500 remains a compelling option for anyone seeking a used sports car that combines performance with exclusivity.

If you are considering purchasing a used Lexus LC 500, it is important to understand its strengths, ownership costs, potential reliability concerns, and which model years or trims provide the best value. This guide covers everything you should know before making a decision.

Why the Lexus LC 500 Stands Out

The LC 500’s exterior styling makes it one of the most visually distinctive cars on the road. Inspired by concept-car designs, it combines futuristic elements with muscular proportions. Key highlights include:

• Bold spindle grille with 3D mesh

• Ultra-compact triple LED headlights with arrow-shaped DRLs

• Sculpted hood with aggressive overhangs

• Fast-sloping roofline and optional carbon-fiber roof

• Large 20- or 21-inch wheels with flared arches

Another factor that makes the LC 500 special is its rarity. From the 2017 model year through today, only about 14,000 units have been sold in the U.S., ensuring exclusivity for its owners.

Quick Summary

The LC 500’s Naturally Aspirated V8

At the heart of the LC 500 lies its most celebrated feature: the 5.0-liter naturally aspirated V8 engine (2UR-GSE). Co-developed with Yamaha, this engine is engineered for both performance and reliability.

Key Specs of the Lexus LC 500

This engine is praised for its instant throttle response, linear power delivery, and dramatic exhaust note. It shares performance DNA with the Lexus IS 500 and even echoes characteristics of the legendary Lexus LFA, though with a slightly more accessible personality.

Reliability and Common Issues

Lexus is globally recognized for its reliability, and the LC 500 generally upholds this reputation. RepairPal gives Lexus a 4 out of 5 reliability rating, and CarEdge estimates five-year maintenance costs at $2,618 significantly less than rivals such as the Mercedes-AMG GT ($5,831) or Audi S5 Coupe ($3,337).

However, some common issues have been reported by LC 500 owners:

• Interior Trim Wear: Surfaces may show signs of aging earlier than expected.

• High Tire Costs: Large premium tires wear quickly and are expensive to replace.

• Infotainment Frustrations: The trackpad controller has been widely criticized.

• Sound System Overheating: Some owners report issues with the Mark Levinson setup.

• Squeaky Seals: Hardened door and window seals can create wind noise.

• ABS Sensor Noise: Some early models suffer from poor ABS sensor design.

Additionally, 2018 models were recalled three times due to fuel pump issues, ranging from potential pump failure to fuel leaks. If considering a 2018 LC 500, confirm that these recalls have been properly addressed.

The biggest concern, however, relates to the 10-speed automatic transmission. While it usually performs with quick, precise shifts, early model years have experienced:

• Clunky gear changes

• Inconsistent upshifts

• Occasional grinding noises

When test-driving, pay close attention to how the transmission behaves.

Best Model Years and Trims to Buy

Prices for used Lexus LC 500s vary depending on year and trim. Here is an overview:

Convertible Models (2021 onwards): While visually striking, convertibles may suffer from reduced cargo space, more cabin vibrations, and potential roof issues if neglected.

Performance Packages:

• Sport Package: Torsen LSD, sport-tuned dampers

• Dynamic Handling Package: Rear-wheel steering

• Touring Package: Upgraded leather, premium Mark Levinson audio

Most Collectible Version: The 2024 LC 500 Inspiration Series, limited to 125 units in the U.S., includes a unique Polar Surge Satin finish, matte-black 21-inch wheels, carbon-fiber wing, HUD, and premium audio.

Alternatives to the LC 500

If the LC 500 is not the perfect match, Lexus offers two other noteworthy options:

• Lexus IS 500: A luxury performance sedan with the same 5.0L V8, offering more practicality and lower prices ($55,675 – $60,390).

• Lexus LFA: A collectible supercar with a high-revving V10, but with an average auction price near $894,000, it is out of reach for most buyers.

FAQs

Q. Is the Lexus LC 500 reliable?

A. Yes. While there are some reported issues with the transmission, infotainment, and recalls (mainly 2018 models), overall reliability is strong compared to rivals.

Q. How much does it cost to maintain a Lexus LC 500?

A. Around $2,600 over five years, which is significantly lower than German alternatives.

Q. Which model year should I buy?

A. The 2022 and newer models are recommended for improved tech, though the 2018 and 2019 offer better value if budget is the priority.

Q. Does the LC 500 hold its value?

A. Yes. Lexus models traditionally hold value well, and the LC 500’s rarity enhances its resale strength.

Q. Is the convertible worth it?

A. It depends. The convertible adds open-air driving excitement but may come with reduced practicality and potential roof maintenance issues.

For More Information Click HERE