personally I wouldn't touch it ............ why you may ask ..... totally underused and unusable really . a car to be kept in aspic to retain any value over and above an " ordinary " 92 Ls400 .... and it's possibly a Mk1 with 15" wheels .... and brakes to match
my first Ls400, from about 22 years ago, same colour, pearlescent white ( J54DAP and a Mk1 ) and a wonderful car compared to any other " daily " user car ..... and I had her for about 60k miles . wonderful car that I gave away at about 180k miles . bit of rust from an accident repair before my ownership .......but a super car for sure
My second Ls400 M47HWO ? was my Mk2 ( write off in 2011 ) .......... and now I have my Mk3 that I've had since 2011 .. the Mk3 is better than either of the two previous for sure ...........
I don't know about a Mk4 BUT certainly the first Ls400 wasn't a patch on the Mk3 from all aspects ..................
NOW .... an elderly Ls400 ( mine ) does suffer from occasional electrical gremlins which you may never resolve ..... they do however have the great habit of resolving themselves thankfully ..... good servicing and preventative maintenance is the way to treat these cars in my experience
I fear that an early. earlier car will suffer from these, especially one that's hardly been used
Bit like me buying my yearning for S3 Bentley from the 1960s ... I won't get one coz i just know it will be troublesome from all sorts of very expensive aspects even if it just sits around, or maybe especially if it just sits around, looking pretty and for people to drool over
I think Devo that if you wanted a very usuable car then do not go for an early Ls400 ..... your Ls460, with attendant issues sorted, will be a much more useful car in the years ahead
Just my simplistic view ......
Malc