1998 LEXUS GS 400

Listed 6 days
Photos 7
Location Novato

Specifications

Year1998
Mileage164,995 mi
TransmissionAuto
Fuel TypeGas
DrivetrainRWD
Body StyleSedan
ConditionFair
Title StatusClean
Exterior ColorRed
Engine8 cylinders

Owner's Pitch

"V8-powered Lexus GS 400 with 10 years of consistent ownership. While it needs cosmetic attention and a knock sensor repair, the 1UZ engine remains one of the most reliable powerplants ever built. This is an ideal project for an enthusiast looking to restore a classic JDM-style luxury sedan. Priced to move."

Contact Seller

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Description

Overview: This 1998 Lexus GS 400 has been under the same ownership for over 10 years and comes with a clean title. It is currently registered as 'Non-Op' since 2023 as it is no longer being used regularly.

Mechanical Issues: The Check Engine Light is currently on. A diagnostic scan indicates that the knock sensors need replacement. Potential buyers should be prepared for this specific repair.

Condition and History: The exterior paint clear coat is peeling in several areas. Please note that the odometer was rolled back at some point prior to the current owner's purchase. The vehicle is being sold as-is; make an offer.

Contact: For any additional questions or to discuss a cash offer, please reach out via text or phone.

Market Highlights

  • The V8 Performance Value: In the 2026 market, the second-generation Lexus GS remains a cult favorite. The GS 400 variant is particularly sought after for its 300-horsepower V8, offering a blend of Toyota reliability and classic luxury that newer, more complex vehicles often lack.
  • The Restoration Market: Southern California has a massive subculture for '90s luxury sedans. While this specific unit has cosmetic flaws, 'rust-free' California cars are the preferred starting point for builders, keeping the floor price for these V8 models higher than national averages.
  • Odometer and Condition Impact: Transparency regarding the odometer rollback and mechanical issues is a major factor here. In the current market, buyers are cautious of 'TMU' (True Mileage Unknown) vehicles, typically demanding a 30-40% discount compared to clean-history examples.

AI Valuation

Overpriced
Fair Market Value $2,800
Retail$3,136
Trade-in$2,100
Confidence50%
Liquidity4/10