Unfortunately, the Lexus LFA was never able to attract enough auto consumers to keep it in production for a long time. Initially, a number of regulations were placed in place based on Toyota’s hopes for the vehicle, but as time went on, some of them had to be altered as a result of the failure of those expectations. Even though the Lexus LFA didn’t achieve amazing sales figures, it is still a really cool-looking vehicle with exceptional performance, so its supporters are still eager to speak up in the present. Given its ultimate fate, this may not be much of a comfort, but acknowledgment is recognition.
In This Article...
The Lexus LFA’s failure: why?
Last but not least, the price tag of this supercar was the main factor in its failure. The LFA debuted in 2011 with a windscreen sticker that read $400,000 on the market. It cost almost twice as much as a Ferrari 599, the same model.
What ever become of the Lexus LFA?
The Lexus LFA is a two-seat sports car made by Lexus, the premium automotive division of Toyota (Japanese: LFA, Rekusasu LFA). It is the first solo Lexus F model and the second model in Lexus’ F marque line of high-performance cars, following the IS F. At the North American International Auto Show, three concept versions were shown, each bearing the LF-A moniker as a member of the LF Series concept series. The initial LF-A concept debuted in 2005 following the start of development in the early 2000s (under the codename TXS), and a second idea with a more fully furnished interior and exterior debuted in 2007. In 2008, the LF-third A’s iteration with a roadster body style made its debut. In October 2009, the Tokyo Motor Show hosted the unveiling of the production model, designated LFA[3] by trademark. [4] The “Apex” of the LF line of vehicles is represented by the “A” in the production LFA nomenclature, according to Lexus. [5]
The LFA was an opportunity for Akio Toyoda, CEO of parent firm Toyota Motor Corporation (TMC), to establish a global icon for the Lexus brand and represent Toyoda’s philosophy that the ideal Lexus should connect with its owner.
[6]
The Lexus LFA’s production model has a body constructed of carbon fiber-reinforced polymer and a 412 kW (560 PS; 553 horsepower) V10 engine created in partnership with Yamaha specifically for the vehicle (CFRP). 65 percent of the mass of the LFA’s body is made up of CFRP components. [7] The LFA began manufacturing in the latter part of 2010. [8] [9] One of the most costly Japanese road vehicles ever produced made its dbut in 2012[10] as a circuit-tuned variation. [11] 500 vehicles were built through December 2012, with a Nrburgring Package model serving as the last vehicle. [12]
Alain Uyttenhoven, head of Lexus Europe, said there wouldn’t be a new LFA replacement anytime soon in February 2016.
[13]
After selling three LFAs in 2019, Lexus still had four LFAs available as of 2020[update]. Despite the fact that the LFA’s production ceased in 2012, two were nevertheless sold in March 2020 and another in September 2020. [14] [15] [16]
Why is the Lexus LFA forbidden in America?
Is Toyota becoming more like Apple? You’re being sold a product, but they’re telling you how to use it?
The Lexus LFA supercar’s buying regulations may be loosening up a touch for American buyers.
When Lexus unveiled the LFA last year, the Japanese automaker stated that only American customers on lease would be able to purchase one. The decision was made because Lexus didn’t want consumers to profitably sell the limited series car to another client. The car could only be purchased outright after the two-year lease period.
Recently, Lexus published new, more rigorous terms while reversing course (a bit). Customers in the United States can buy the car, but they are only permitted to return it to the dealer for the sticker price or its fair market value, whichever is lesser, for the following two years. The dealer is owed the sale’s profit plus legal fees if the owner sells the LFA privately without first providing the dealer the buyback option. Ouch!
With its first entry into the supercar market, where it will compete with names like Ferrari and Lamborghini, does Lexus really want to hurt itself? Evidently so.
What took over for the Lexus LFA?
By 2030, Lexus plans to introduce an electric supercar as the LFA’s spiritual replacement. At the Goodwood Festival of Speed, the company unveiled the concept model to the general public for the first time.
The supercar was first displayed as a part of the shocking introduction of 15 new Toyota and Lexus EV ideas, and it will be one of the EVs introduced by Lexus as it moves toward phasing out combustion. From June 23 to June 26, it will make its public debut in Sussex alongside the brand-new Lexus RZ450e electric SUV and the upgraded Lexus UX 300e crossover.
By 2030, Lexus will have an electric vehicle (EV) available in every sector. After that, it will solely sell EVs in China, Europe, and North America, and it won’t sell any ICE vehicles after 2035.
There are how many LFA in the US?
Despite the Lexus LFA’s seven-year hiatus from manufacturing, the luxury manufacturer still sold three brand-new copies of the supercar in 2019.
Even more astonishing, with two sold in 2018, that translates to a 50% rise in LFA sales year over year. Only 178 of the 500 LFAs that Lexus produced for sale in the United States.
On Friday, Lexus released its annual sales figures for 2019. The sale of three LFAs was obscured by the numbers. How? It’s simple to explain that.
The LFA had a startling $375,000 retail price when it was brand-new, and that’s assuming a dealership didn’t mark it up. Numerous LFAs went unsold for a variety of reasons, including the outrageous pricing and the fact that some dealers added absurd markups. The cars may then serve as showpieces to get customers into their showrooms, which may have benefited the dealers.
It’s simple to understand why people are interested in the LFA. Toyota’s Formula One program provided technologies that Lexus utilised to create a road vehicle. It is propelled by a 4.8-liter V-10 engine that produces 334 pound-feet of torque and 552 horsepower. The 9,000-rpm redline and Yamaha-tuned exhaust tone are what make this engine wonderful, not that portion. A vintage 6-speed single-clutch automatic manual transmission delivers power to the rear wheels. The car’s body was made of carbon fiber by Lexus, which is the key factor in the exorbitant asking price.
Will the LFA ever resurface?
According to one Japanese publication, one of Japan’s current supercar icons could make a comeback in 2025, but say goodbye to the roaring Yamaha V10 engine.
Did Lexus experience a loss on the LFA?
The Lexus LFA had a ten-year gestation period, which contributed to its high production costs. Even with a steep $375,000 asking price, Lexus lost money on each LFA that was sold. But well, people who pay get wonderful things. (I assume that is the saying.)
If Lexus decided to reenter the supercar market, might it repeat the same error?
Yoshihiro Sawa, president of Lexus, reacted with both sides of his brain when asked by Autocar if his firm would like to try it all over again with an LFA replacement, effectively replying, “Sure, but probably not right now,” presumably to the relief of his accountants.
Although it’s necessary to have dreams, Sawa stated, “For the time being, it’s a really complicated scenario. I truly want to do an LFA successor. Even though I would like to answer that query, we currently have other priorities. These goals reportedly include a three-row, Range Rover-baiting RX and the impending UX compact crossover. (Man, you’re killing us.)
The Lexus LFA, with its monstrously atmospheric, 552-hp, 4.8-liter V-10, roared to 60 mph in 3.6 seconds and reached a high speed of 202 mph. Today, the breathtakingly attractive LC coupe is put together at the former LFA plant in Motomachi. Although the production-spec LFA has been around for eight years (nearly to the day), we think a modern LFA 2.0 would include electrification and a much bigger predator grille. Which is really darn seductive.
What was Lexus’s loss on the LFA?
Fuel efficiency, production costs, and profit margins are now all defining features in modern automobile mass production, and this is true of the majority of modern cars.
The CEO of a car firm occasionally introduces a vehicle that is only driven by the desire to create the greatest vehicle possible. And one illustrative example of this was the Lexus LFA.
Akio Toyoda, the great-grandson of the company’s founder, took over as CEO of Toyota in 2009 and vowed to stop Toyota from producing uninteresting automobiles, as noted by Autoweek.
A complexly engineered supercar that would serve as the brand’s halo model was essential to establishing the tone for the direction he planned to drive Toyota and its premium division, Lexus, in.
The LFA concept first appeared in 2005 after the LFA development got underway in the early 2000s. However, the real model would not make its appearance until the 2009 Tokyo Motor Show.
Evo claims that the corporation actually lost money on each of the 500 LFAs it sold, despite the fact that they had a list price of about $400,000 when they were brand-new.
Although the LFA was thought to be pricey and underpowered in comparison to its rivals, time has been kind to it. Its well-aged design, exquisite build quality, and its immensely exciting engine, in particular, have made it a highly-collectable modern classic. And its value has only increased. What exactly is its unique engine made of then?
Who can purchase a Lexus LFA?
With a reported price of $680,000, the dealership Hyper Voitures is selling a 2012 Lexus LFA in an unusual hue.
Only 178 of the 500 supercars produced by Lexus were exported to the US. Even among that exclusive group, this car stands out thanks to its Pearl Brown Metallic paint job and orange leather interior.
The original price for the LFA was an astounding $375,000 when it was brand-new, so this lightly-used model with 1,073 miles on the odometer offers a sizable markup.
Any LFA is unquestionably uncommon and collectible, but as of January 2020, five brand-new, unregistered LFAs are still available. Some dealerships kept their LFAs as showcase vehicles to increase showroom traffic because the vehicle did not sell quickly when it was first introduced. The last LFA arrived in the United States in February 2013 after LFA production came to a stop in December 2012.
The LFA was designed to represent Lexus as a brand and bring some of Toyota’s Formula One expertise to the road. It has a 4.8-liter V-10 engine with a 9,000-rpm redline and 552 horsepower and 334 pound-feet of torque. Although the LFA’s carbon fiber exterior and powertrain still appear to be cutting-edge, the vehicle’s outdated 6-speed single-clutch automated manual transmission is a dead giveaway.
The LFA was never followed up by Lexus. The more opulent LC is currently the brand’s flagship model, having been produced in the same Japanese plant as the Toyota Mirai fuel-cell car. Still a possibility is a hotter LC F performance variant, but this time with a twin-turbo V-8 rather than a roaring normally aspirated V-10.