Thursday, July 17, 2014
Sources: NADA, AutoTrader, ls400data.com
Toyota introduced it at $35,000 in order to attract new customers. Some would argue that they dumped it on the market. Then, prices spiked immediately thereafter.
And just for the record, the LS400 was introduced in the 1990 MY, the LS430 in MY 2001, and the LS460 in MY 2007.
Now, I'm going to find the price history of the Mercedes S-Class. I'm going to use whatever the base V8 model was for those years. My hypothesis is that the Mercs cost much more in 1990 and are much cheaper today, and the quality has taken a corresponding nosedive.