Remember How Silly You Thought It Was When Lexus Predicted 400 LC Sales Per Month in America?

Timothy Cain
by Timothy Cain

Lexus has high hopes for the LC, we told you in March. Not yet on sale at that point, Lexus was entirely transparent about the company’s belief that it could sell 400 copies of the LC500 and hybridized LC500h every month in America.

“That’s a big number,” I wrote six months ago, expressing a measure of doubt. But Lexus was insistent, based on “tremendous response to the LF-LC show car” from 2012, a successful carryover to production of concept car design, and “positive feedback in customer clinics.”

Doubt was expressed by most commenters, as well. “Good luck with that,” Master Baiter told Lexus. “Lexus, you need help,” said thats one fast cat. “Setting a goal like this is just setting Lexus up for the unnecessary perception of failure,” dal20402 wrote. “Dumb move.” badhobz said, “I don’t think it’ll do that well.”

It’s been half a year. It’s time for the Lexus LC to stand up and be counted.

To be fair, a number of B&B members believed Lexus was right about the fact that the LC500 and LC500h would outsell a wide variety of high-end coupes. At 400/month, Lexus’ $92,995-$106,295 coupe would prove more popular than the Nissan GT-R and Mercedes-Benz SL and BMW 6 Series, but also more affordable cars such as the Jaguar F-Type, Porsche Cayman, and Audi TT. “I think they can move 400/mo,” wrote Lightspeed. “This might have a chance,” dukeisduke said at the time.

Lexus launched the LC by meeting its target. 419 copies of the Lexus LC500 and LC500h were sold in May; another 423 in June. Even after LC sales slowed in July and August, Lexus is still averaging 362 LC sales per month, within 10 percent of the company’s goal.

Of course, it’s early. The fact that Lexus is already reporting decreased LC sales is in keeping with the broad sporty car sector in which it competes. You might recall, for instance, the Scion FR-S — now known as the Toyota 86 — which launched with great fanfare and produced 2,684 sales in its first full month on the market, June 2012.

Never once since has Toyota reported more than 2,000 FR-S/86 sales in the U.S. a single month. A year after its launch, FR-S sales were down 11 percent. Toyota now reports 622 86 sales per month, a 59-percent cut compared with 2013.

The same type of situation can be seen at the higher end, as well. The 2013 model year was the first for the current R231 iteration of the Mercedes-Benz SL-Class. Sales rose to a seven-year high of 7,007 units that year, yet U.S. SL volume is now less than half that strong.

This is why one member of the TTAC B&B, stingray65, suggested Lexus would achieve the target, “but probably only for the first 4-6 months until all the ‘first on the block’ have one.”

Nevertheless, even at August’s low point of 291 sales, the Lexus LC still managed to outsell the Jaguar F-Type and Audi TT, not to mention more comparably priced cars such as the SL-Class, 6 Series, Maserati GranTurismo, and the Nissan GT-R. Competing with the Porsche 911? That’s a whole ‘nuther ball game Lexus never claimed to play.

[Images: Toyota Motor Corp.]

Timothy Cain is a contributing analyst at The Truth About Cars and Autofocus.ca and the founder and former editor of GoodCarBadCar.net. Follow on Twitter @timcaincars and Instagram.

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  • Gearhead77 Gearhead77 on Sep 21, 2017

    I saw one in the wild for the first time. A couple, the same age or only slightly older than me (40) was shopping at Lowes and trying to figure out how they would fit their new outdoor cushions, potted plants and other Lowes purchases in the car. Then they drove away with his can of Red Bull on top of the car. He was in the passenger seat trying to reach for it while the car was moving. All I could see was the icky red stuff spilling into the car. Finally, somehow, common sense prevailed and he got out to get the can. I laughed, I cried, I shook my head while I loaded my supremely less cool Toyota Sienna SE with bags of sand, plants and pavers. But the car sounded pretty cool as it burbled away.

  • SeldomScene1980 SeldomScene1980 on Sep 21, 2017

    Leases are part of sales, right? I doubt most of these sales are actual purchases. Right now, it's a 36 month lease, 10k mile/year limit, $5k down and $1100/month. If I could afford it, I'd spend $45k to drive one for 3 years.

  • Amy I owned this exact car from 16 until 19 (1990 to 1993) I miss this car immensely and am on the search to own it again, although it looks like my search may be in vane. It was affectionatly dubbed, " The Dragon Wagon," and hauled many a teenager around the city of Charlotte, NC. For me, it was dependable and trustworthy. I was able to do much of the maintenance myself until I was struck by lightning and a month later the battery exploded. My parents did have the entire electrical system redone and he was back to new. I hope to find one in the near future and make it my every day driver. I'm a dreamer.
  • Jeff Overall I prefer the 59 GM cars to the 58s because of less chrome but I have a new appreciation of the 58 Cadillac Eldorados after reading this series. I use to not like the 58 Eldorados but I now don't mind them. Overall I prefer the 55-57s GMs over most of the 58-60s GMs. For the most part I like the 61 GMs. Chryslers I like the 57 and 58s. Fords I liked the 55 thru 57s but the 58s and 59s not as much with the exception of Mercury which I for the most part like all those. As the 60s progressed the tail fins started to go away and the amount of chrome was reduced. More understated.
  • Theflyersfan Nissan could have the best auto lineup of any carmaker (they don't), but until they improve one major issue, the best cars out there won't matter. That is the dealership experience. Year after year in multiple customer service surveys from groups like JD Power and CR, Nissan frequency scrapes the bottom. Personally, I really like the never seen new Z, but after having several truly awful Nissan dealer experiences, my shadow will never darken a Nissan showroom. I'm painting with broad strokes here, but maybe it is so ingrained in their culture to try to take advantage of people who might not be savvy enough in the buying experience that they by default treat everyone like idiots and saps. All of this has to be frustrating to Nissan HQ as they are improving their lineup but their dealers drag them down.
  • SPPPP I am actually a pretty big Alfa fan ... and that is why I hate this car.
  • SCE to AUX They're spending billions on this venture, so I hope so.Investing during a lull in the EV market seems like a smart move - "buy low, sell high" and all that.Key for Honda will be achieving high efficiency in its EVs, something not everybody can do.
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