Luxury Land Cruiser: 49k-Mile 2004 Lexus LX 470

  • May 17, 2021
The Rundown

High-End Luxury SUV Based on Toyota Land Cruiser
Reasonable 49k Seller-Stated Original Miles
Excellent Sapphire Black w/ Grey Leather Color Combo
V8 Engine w/ Automatic Transmission & 4WD
Brand New $2,500 Wheels & Tires
Nicely Presented California Vehicle

Why We Like It

Based on the Land Cruiser, Toyota’s Lexus brand introduced the LX 470 full-size SUV in 1998. Luxurious and equally suited to the soccer field as well as suburban streets and interstate highways, the LX 470 features V8 power and the full suite of luxury amenities, as well as Toyota’s proven 4-wheel drive system. Production was lengthy and these capable luxury SUVs continue to enjoy buyer acclaim today.

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The current owner of this 2004 Lexus LX 470 states that they are “testing the waters” and don’t need to sell our subject vehicle. According to their extensive online advertisement for the SUV, it’s a great looking, high quality example of this desirable Lexus model. They advise there are some dings here and there, and that it runs and drives like a champ. As stated by the seller, the LX 470 is offered with a clean California title and registration with new 2022 tags. Of course, to have those credentials, the vehicle has passed the latest smog test. They state the Lexus has reasonable mileage (about 49k) and that similar vehicles with huge mileage readings bring at least $20k.Lexus LX 47000X0X 7vVPX7apvEIz 0CI0t2 1200x900

"The luxury utility vehicles from Lexus...they not only answer the call of the wild, they also answer the call of the civilized."

Valuation Verdict

This LX 470 is a high-end SUV based on Toyota’s contemporary Land Cruiser, and it sounds like a well-maintained and adult owned example that still looks very nice with very low mileage compared to what else is out there. We agree with the seller that 150k mile examples can bring close to $20k at auction, and we don’t see any reason why this one wouldn’t bring $30k at auction with spirited bidding. In any event, we think it’s well ‘Worth the Premium’ for anyone looking for the best LX 470 on the market.

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