2024 Lexus GX 550: Pricing and Availability

Lexus has officially announced the pricing for the highly anticipated 2024 GX 550, a significant update in their mid-size luxury SUV lineup. This announcement is particularly noteworthy for those eagerly awaiting the latest iteration of the Lexus GX series. The 2024 model promises a blend of robust performance, refined design, and cutting-edge technology. Here, we focus primarily on the pricing and availability aspects of this new model.

Pricing Breakdown

The 2024 Lexus GX 550 is offered in six distinct grades, each with its unique set of features and amenities. These grades and their starting prices are as follows:

1. GX 550 Signature: Starting at $83,500, this base model provides a gateway into the luxury SUV experience. It includes essential features like 20-inch alloy wheels, a power moonroof, and a suite of standard safety technologies. Its towing capacity is rated at 8,000 lbs.

2. GX 550 Premium: Priced at $92,500, the Premium grade builds upon the Signature with additional enhancements like a Lexus Interface with Drive Connect features, power-adjustable steering column, and an upgraded ambient interior lighting system. This model also boasts an 8,000 lb towing rating.

3. GX 550 Luxury: At $101,850, the Luxury grade offers a more upscale experience with features like 22-inch alloy wheels, semi-aniline leather upholstery, and front-row massage seats. The towing capacity for this grade is 6,990 lbs.

4. GX 550 Executive: The Executive grade, with a starting price of $105,850, adds luxury features such as Adaptive Variable Suspension, a cool box, and a panoramic glass roof. Its towing capacity is slightly lower at 6,955 lbs.

5. GX 550 Overtrail: This model, priced identically to the Premium grade at $92,500, is tailored for off-road enthusiasts. It includes the Lexus Electronic-Kinetic Dynamic Suspension System (E-KDSS), all-terrain tires, and additional off-road driving aids. The towing capacity remains at 8,000 lbs.

6. GX 550 Overtrail+: At $101,850, the Overtrail+ enhances the off-road capabilities of the Overtrail grade with luxury additions such as front-row massage seats, a Mark Levinson Premium Audio system, and advanced safety technologies. Like the Overtrail, it also has an 8,000 lb towing rating.

Availability and Market Positioning

The 2024 Lexus GX 550 is set to be a significant player in the Canadian luxury SUV market. Lexus Canada has positioned this vehicle to cater to a diverse range of customers, from those seeking luxury and comfort in urban settings to adventurers requiring robust off-road capabilities. The variation in grades and pricing reflects Lexus's strategy to appeal to a broad spectrum of preferences and needs.

With a comprehensive range of grades and pricing options, the 2024 Lexus GX 550 is poised to meet the diverse demands of the luxury vehicle market. Whether it's for city driving or off-road adventures, the GX 550 offers a perfect blend of performance, elegance, and advanced technology, making it an attractive choice for discerning buyers.