
Lexus GS
1998 to 2005 · Sedan
A 1998 Lexus GS cost $39,900 new. Over the past 12 months, 12 have sold publicly at a median of $12,507. The Shifty Estimate for a well-kept example is $12,900. Across the sales we have on file, prices ran from $4,500 to $15,750, depending on mileage, color, and history.
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- Median · 12 mo
- $12,507
- Sales · 12 mo
- 12
- Original MSRP
- $39,900Down 68% since new
The market
Community
Latest results


Sold $15,750

Sold $13,355

Sold $4,500

Sold $8,069

Sold $7,000
Specifications
- Engine
- Inline-6, 3.0L
- Power
- 225 hp
- Torque
- 220 lb-ft
- 0 to 60
- 8.4 s
- Top speed
- 144 mph
- Transmission
- Automatic
- Drivetrain
- RWD
- Original MSRP
- $39,900
Common questions
How much does a Lexus GS cost?
A 1998 Lexus GS cost $39,900 new. Over the past 12 months, 12 have sold publicly at a median of $12,507. The Shifty Estimate for a well-kept example is $12,900. Across the sales we have on file, prices ran from $4,500 to $15,750, depending on mileage, color, and history.
What is a 1998 Lexus GS worth today?
The Shifty Estimate is $12,900, down 15.4% over the past 12 months. We rate confidence medium: 12 public sales in a year is a thin market, and the spread between them is wide.
Is a Lexus GS a good investment?
It has depreciated 68% against its $39,900 list price. Values are down 15.4% over the past 12 months. The caution is spread, not direction: across the sales we have on file, prices ran from $4,500 to $15,750, and mileage explains most of that.
How many Lexus GS have sold?
Shifty has 15 public sales of the Lexus GS on file. The earliest was on Feb 5, 2021.
What is the most expensive Lexus GS sold?
The highest public sale on file is $15,750, on Dec 30, 2025, with 198,600 mi.
What has a Lexus GS sold for at auction?
The 3 most recent public sales we have on file:
- $15,500May 6, 2026Millennium Silver Metallic · 65,200 mi
- $5,300Mar 2, 2026Cinnabar Pearl · 150,000 mi
- $15,750Dec 30, 2025Diamond White Pearl · 198,600 mi
About the 1998 Lexus GS
The second-generation Lexus GS represents Toyota's ambitious push into the European luxury sports sedan segment, directly challenging BMW's 5 Series on its home turf. Built on the Aristo platform but refined for global markets, the GS featured sophisticated multi-link suspension and available V8 power that delivered genuine performance credentials. The GS 430's 4.3-liter 3UZ-FE V8 produced 300 horsepower, while the GS 300 offered the proven 2JZ-GE inline-six. What sets this generation apart for collectors is its perfect storm of reliability, refinement, and relative rarity compared to German competitors. The clean, understated design by Italdesign has aged remarkably well, and finding unmolested examples becomes increasingly difficult. Early adopters of Lexus's sport sedan philosophy, these cars offer exceptional build quality and driving dynamics that many consider superior to contemporary Mercedes E-Class models, making them compelling alternatives for discerning collectors seeking Japanese luxury engineering.
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Free: the 2027 Collector Car Outlook.
