Thanks Paul! Yes, I still drool! I saw one for sale recently but they wanted £10,000! Panels are not easy to source I understand and the tin worm is a real worry.
It might not be too expensive to maintain mechanically - but I am useless with a spanner and need to rely on trusted garages. I believe classic cars are affordable if you are capable of fettling your own car. I am a person who loves cars but knows very little about how they are put together. I am in awe of peeps on here who do their own servicing and repairs. To a certain extent I have my heart in my mouth whenever I drive the Lexus, worried something very expensive will go wrong. To be honest, what is the worst that can happen? The car is scrapped, and I have lost the present value, which is under £3000 probably.
We should be more worried if we pay a great deal more for a car (£20,000 +) as if that goes wrong you have little choice but to pay to have it repaired. I understand the logic when people take out the extended Lexus warranty - it is basically an insurance against a potential money pit. I would have to disagree with Linus, I believe they will be a classic, as the LS 400 broke the mould for luxury saloons. They are very much over engineered and that has been shown by how little they age.
I went to the local Classic car show - not one Lexus, but there will be a 20 year old LS 400 there next year! (I hope!). A trio or more of ISF's would also be treat!