Lexus GS Vehicles have experienced a considerable decrease in their selling price recently. This model has gone through a strong reduction in its selling price.
The selling price for Lexus GS cars has had a strong depreciation during the last 6 months we have studied. The average price in October was of RM 147,457. This price hardly went through any changes and remained at RM 140,886 during November. The following two months the selling price went through a strong reduction of -19 % compared to the previous two months studied. In the last two, the price has gone through a -7 % devaluation compared to the previous average values going down from RM 130,442.25 to RM 120,956.5 during February and March.
The average price for Lexus GS has gone down in recent years. During the first sample analyzed (2012 - 2013), the average selling price stood at RM 109,448. During this time, the price for 2012 which was RM 114,371 decreased to RM 104,525 during 2013.