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2023 Lexus GX Prices: MSRP vs Dealer Invoice vs True Dealer Cost w/Holdback

2023 Lexus GX 460 Invoice Price Guide - Holdback - Dealer Cost - MSRP
Price terms Used in this Guide:
MSRP | Invoice Price | Destination Fee | Holdback | Dealer Cost

Lexus GX Pricing for the 460, Premium, Luxury and Black Line Special Edition Trims

2023 GX 460 - Trim: Base Model - 4-Door SUV with 4WD. Powered by a 4.6L, 8 Cylinder, Gas Engine w/ Automatic Transmission.
Invoice Price
Destination Fee
Dealer Cost
Find the Best Price
2023 GX 460 - Trim: Luxury - 4-Door SUV with 4WD. Powered by a 4.6L, 8 Cylinder, Gas Engine w/ Automatic Transmission.
Invoice Price
Destination Fee
Dealer Cost
Find the Best Price
Price Tip:
To find the best possible price on a new Lexus GX 460, shop prices online first. Get up front pricing before you walk into a dealership. We recommend the following free services; Edmunds,   Rydeshopper,   CarsDirect,   Motortrend  &   J.D Power
These services will offer you the lowest prices and supply you with multiple competing price quotes. You will know the best price before you visit the dealer.
How to Calculate The Dealer Cost of a Lexus GX 460:

Formula for Calculating Dealer Cost:

  • Example: Base Lexus GX 460 invoice price + the dealer Invoice price of options + destination - Holdback = Total Dealer Cost.
  • What is Holdback? A hidden amount that manufacturers give back to a dealer. It is a percentage of the MSRP or the Invoice price.

Total Dealer Cost - Rebate and Incentive + Taxes / Licensing Fees = True Dealer Cost. (You can get rebates and incentives here.)

Lexus GX 460 Overview:

The Lexus GX is a versatile vehicle. While it's quite refined and luxurious, it's also very capable and is ready to tear it up on the trails. This SUV really does offer a lot, including a third row of seats, a high-tech infotainment system, and advanced mechanical components. For all of these features, customers just need to be prepared to pay a premium price.

2022 Model Year Changes

Anyone who loves technology will be pleased that the GX has been updated in a key way. It now has Apple CarPlay and Android Auto, along with a 10.3-inch touchscreen and navigation. In addition, one new paint color, Nori Green, is available, and the heated side mirrors have a power-folding function. A bigger piece of news is that there's a new trim, the Black Line Special Edition. Going along with its name, this trim has black upholstery, black wheels, and other black accents.

Engine, Performance, and Efficiency

This SUV uses a 4.6-liter V8 engine. With this much size, the engine is able to do a lot of work. It can generate 301 horsepower and 329 pound-feet of torque.

Lexus has given the GX standard four-wheel-drive capability. It uses a full-time system and has a lifted-slip center differential and an electronic differential lock. Traction can be optimized even when the conditions are rough since the vehicle can sense which wheels are having issues and can distribute power accordingly.

A Kinetic Dynamic Suspension System (KDSS) is standard as well. It uses hydraulics to make adjustments to the stabilizer bars as needed. Things can be more stiff when the Lexus is cruising down a straight highway as opposed to when it's taking tight turns on hill roads or trails. KDSS does a great job of reducing body lean and helping the driver keep everything stable and in control.

Out of the four available GX trims, one of them has a mechanical advantage. The GX 460 Luxury trim is set up with an adaptive variable suspension and an auto-leveling rear air suspension. This gives the Luxury the ability to make small adjustments in order to smooth out the ride. The Luxury is also available with crawl control and multi-terrain select. Crawl control maintains speed wheel the driver focuses on picking the best route through tough terrain, and multi-terrain select comes with various drive modes so that performance can be optimized for rocks, mud, sand, and moguls.

The downfall of having such a large engine is that this Lexus is not efficient at all. It's only able to earn 15 miles per gallon in the city and 19 miles per gallon on the highway.

Safety and Technology

Lexus has incorporated technology into its safety package. Every GX comes with several driver-assist systems that can help people stay aware of potential problems and stay out of harm's way. Lane departure alert, forward collision warning, and pedestrian detection are all standard, as are blind spot monitoring and rear cross-traffic alert. Beyond this, the GX has mitigation systems that give it the ability to correct steering or braking.

Other standard components includes adaptive cruise control and intelligent high beams. The "intelligent" part of the high beams allows the bright lights to turn and off depending on whether other vehicles are in front of the SUV. Plus, this model has a parking assist feature that can prevent minor scrapes and dents when attempting to get the SUV in or out of a spot.

As mentioned earlier, every Lexus GX has navigation, a large touchscreen, and smartphone connectivity. SiriusXM is also included as part of the standard package. To make adjustments to the infotainment system, users can use the touchscreen itself, or they can use voice commands or a remote touchpad. Many passengers will appreciate that the SUV comes with four USB ports and Wi-Fi capability.

Through the Lexus app, drivers can keep track of several things. They can use the app to schedule a service appointment, check on fuel levels, remotely start the engine, and more.

Trim Options

The base model is simply called the GX 460. It features NuLuxe upholstery and has power-adjustable front seats and a memory system for the driver's seat. Its power moonroof and illuminated running boards are nice additions. Unfortunately, it doesn't come standard with heated front seats.

If someone wants heated front seats, he or she will have to opt for the GX 460 Premium or a higher trim. In fact, the Premium has heated and ventilated front seats and heated second-row outboard seats in addition to a three-zone automatic climate system. Its exterior has been upgraded with LED fog lamps and rain-sensing windshield wipers.

The GX 460 Black Line Special Edition is next in the lineup. It has black NuLuxe seats with gray stitching, and they match the black headliner, 18-inch wheels with a gloss black finish, and black roof rails. This trim is unique in that it has scarlet taillamps, a dark chrome finish around its grille, and a fog lamp bezel.

The nicest choice is the GX 460 Luxury. It has the advanced mechanical components that were described above, and it comes with semi-aniline leather seats and a heated steering wheel trimmed in wood and leather. Everything about this model is luxurious, from the illuminated door-sill scuff plates to the power-folding third-row seats. It's available with a 17-speaker sound system and a panoramic view monitor.

Note: All Lexus GX 460 MSRP, invoice and dealer cost dollar figures above are subject to change without notice.

A note about rebates: Most rebates are subtracted from the "on the road" figure. In most cases, you can have the rebate if you are arranging your own financing or you are paying cash. If you decide to use the manufacturer’s low interest financing, you do not usually get the rebate. Ask your dealer for details.