Lexus Owners Club

Lexus has announced pricing for the RZ 300e, the new front-wheel drive version of its all-electric RZ luxury SUV Joining the all-wheel drive RZ 450e in the range, the RZ 300e offers the same premium equipment specifications together with an extended driving range of up to 297 miles*. The grade structure follows the same pattern as the RZ 450e and includes offering 18-inch wheels on Urban, Premium and Premium Plus versions to maximise the potential driving range. *WLTP data for Urban grade RZ 300e Range and pricing The RZ 300e mirrors the RZ 450e line-up with four equipment grades: Urban, Premium, Premium Plus and Takumi. Standard features of the Urban model include 18-inch alloy wheels, single LED headlights with Automatic High Beam, smart entry and Intelligent Clearance Sonar with front and rear parking sensors. The cabin is equipped with dual-zone air conditioning with Nanoe-X air quality system, a heated steering wheel and wireless smartphone charger. The Lexus Link Pro multimedia system includes a 14-inch touchscreen and 10-speaker audio system, with smartphone integration via both Apple CarPlay (wireless) and Android Auto (wired). The Lexus Link app provides access to connected services, while four USB-C ports are provided for device charging. In addition to the extensive protection provided by Lexus Safety System+ the Urban model comes with a Blind Spot Monitor, Rear Cross Traffic Alert and Safe Exit Assist with e-Latch electronic door release. The Premium model introduces heated, eight-way power-adjustable front seats with two-way lumbar support on driver’s seat, upholstered in Tahara synthetic leather. The power back door has a kick sensor for hands-free operation and there is also rear privacy glass and a panoramic roof. The options are 20-inch wheels and a bi-tone paint finish. The Premium Plus specification includes a Panoramic View Monitor, ventilated front seats, front radiant heaters, a memory setting for the driver’s seat and a head-up display. Options are as for the Premium grade model. At the top of the range, the Takumi model’s cabin features Ultrasuede upholstery, 64-colour ambient lighting, a 13-speaker Mark Levinson Surround Sound audio system and a dimmable panoramic roof. External features include 20-inch alloy wheels, single-LED headlights with Adaptive High-beam System, LED front fog and cornering lights and gloss black wheel arches. Ride stability and comfort are supported by the addition of front and rear performance dampers and a rear performance rod. MODEL OTR PRICE RZ 300e Urban £49,995 RZ 300e Premium – 18in wheels £52,295 RZ 300e Premium – 20in wheels £53,195 RZ 300e Premium Plus – 18in wheels £54,595 RZ 300e Premium Plus bi-tone – 18in wheels £55,695 RZ 300e Premium Plus – 20in wheels £55,495 RZ 300e Premium Plus bi-tone – 18in wheels £56,595 RZ Takumi £59,995 RZ Takumi bi-tone £61,095 OPTIONS & ACCESSORIES Special paint finish £250 Protection Pack (boot liner, mudflaps, seatback protection) £390 Illuminated scuff plates (with grey interior only) £350 Gloss black 18in alloy wheels £1,110 Peace of mind with Lexus Reserve Lexus Reserve is a new programme – the first of its kind on the market – which offers owners of Lexus electric vehicles (RZ 300e, RZ 450e and UX 300e) 42 days’ complimentary use of an additional Lexus hybrid vehicle over a three-year period. It’s designed to provide convenience and peace of mind, primarily for people planning a long journey such as a European road trip in areas with a limited charging infrastructure. Organising the loan vehicle is simple. Once the customer has planned their journey, they contact Lexus UK to request a car for their chosen dates. True to the best principles of Lexus’s market-leading customer service, the hybrid vehicle – a used car – will be delivered to and collected from the customer’s chosen location. The car may be taken overseas, and there are no mileage limitations*. The programme is available to retail customers who purchase their new or used electric vehicle (cash or finance agreement) from the Lexus centre network. * Reserve vehicles subject to availability. Terms and conditions apply; details at https://www.lexus.co.uk/lexus-reserve

Lexus is strengthening the anti-theft measures in its vehicles in a ground-breaking new partnership with security specialist Tracker Network (UK) As an additional safeguard, compatible Lexus models can be fitted with a sophisticated Tracker S7 device, free of charge. This device is accredited by Thatcham Research, the UK’s automotive risk intelligence organisation, and approved by insurers. In the event of the vehicle being stolen, the Tracker will be activated, significantly increasing the chances of it being recovered and returned to its owner. The benefit also extends to Lexus Approved Used vehicles, with all suitable cars being given a security upgrade with the Tracker technology. As a second layer of protection, customers can download the Tracker smartphone app, providing a host of additional features, including setting a geofence alert. This automatically warns the owner if their vehicle is detected travelling beyond pre-set locations. Customers can contact their local Lexus centre to enquire if their vehicle would benefit from the fitment. Alternatively, they will be informed of the option when their vehicle is undergoing service, maintenance or repair. The Tracker devices will be supplied and fitted free of charge, inclusive of a three-year subscription. The latest Lexus models have sophisticated built-in security measures as standard, so are not included in the Tracker initiative. Again, any customer seeking confirmation of their vehicle’s status should contact their local Lexus centre. Chris Hayes, Director of Lexus in the UK, said: “With increasingly sophisticated methods being used by criminals, it is essential we give our customers peace of mind that their vehicle is well-protected. Through our partnership with Tracker we are providing excellent additional security using the latest technology from a company that has a fantastic record in combating car crime.” Mark Rose, Managing Director at Tracker added: “Organised criminal gangs are commonly stealing cars to order, often shipping them abroad or dismantling them for their valuable parts. They are highly sophisticated in their technical capabilities, operating a complex network and overcoming many security systems in seconds. Indeed, more than 94 per cent of vehicles we recover are stolen without the keys being present, confirming just how skilful they are. We hold a 95 per cent success rate in recovering stolen vehicles fitted with one of our devices. Crucially, 50 per cent of these are recovered within four hours and 80 per cent are returned to their owners within 24 hours, undamaged. “We are delighted to be partnering with Lexus, who has been proactive in taking steps to ensure it is putting customers first and providing the ultimate protection for their vehicle.” How the Tracker device works Tracker’s stolen vehicle recovery solutions work like an electronic homing device. A covert transmitter is hidden in one of several dozen places around the vehicle. There is no visible aerial, so a thief won’t know it’s there. What’s more, Tracker is the only stolen vehicle recovery provider supported nationwide by UK police services that track, locate and recover stolen vehicles. More than 2,000 police patrol vehicles and all police helicopters are fitted with Tracker detection units. Tracker’s unique combination of VHF with GPS/GSM technology is immune to GPS signal jamming, which means a vehicle can be located even if it is hidden underground or in a shipping container.

A fine array of awards testifies to the well-established quality and appeal of the NX range, but, always keen to raise the bar, Lexus has fine-tuned its line-up of hybrid and plug-in hybrid luxury SUVs. The updates are not radical, but they add a touch of extra lustre to the model that (among other honours) has won Auto Express’s mid-size premium SUV of the year title for the past three years The self-charging hybrid NX 350h has a renamed entry-level grade: Urban specification introduces wireless smartphone integration for both Apple CarPlay and Android Auto. Other key features include 18-inch alloy wheels, intelligent front and rear parking sensors with pedestrian detection, heated front seats, a power back door, E-latch electronic door release, 10-speaker audio system and the Lexus Link Connect multimedia package with 9.8-inch touchscreen. The Premium grade for both the NX 350h and the NX 450h+ plug-in hybrid now includes eight-way power adjustable front seats, in addition to illuminated door handles with puddle lights, rear privacy glass, a heated steering wheel, Blind Spot Monitor, Rear Cross Traffic Alert and the E-latch door release system with Safe Exit Assist. The Lexus Link Pro multimedia system with 14-inch display is optional. A Panoramic roof is newly available as an option on Premium, Premium Plus and F Sport grades and is standard on F Sport Takumi and Takumi models, bringing more light into the cabin than the previous sunroof. The power-adjustable front seats have also been added to the NX 350h Premium Plus specification. For both models, this grade adds more sophisticated features such as 20-inch alloy wheels, a 360-degree panoramic view monitor, front seat heating and ventilation, a head-up display and smooth leather upholstery. The cabin ambience can be tailored to suit the mood for the journey with a choice of 64 different shades for the interior LED lighting system. The F Sport models are unchanged, presenting a sharply dynamic look with 20-inch F-Sport alloy wheels and dedicated interior and exterior styling details. The F Sport front seats have leather upholstery and the sports steering wheel is power-adjustable and heated, and has paddle shifts. Sports-tuned suspension, a kick-sensor for the power back door and four-eye LED headlights with Adaptive High-beam System are also part of the package. Likewise, the F Sport Takumi models bring a 17-speaker Mark Levinson Premium Surround System into the mix (NX 350h only), an extended Lexus Safety System+ array of active safety and driving assistance features and a digital rear-view mirror. These items are also included the top-of-the-range Takumi specification. The NX gains new colour choices as well: Sonic Copper exterior paintwork and Ammonite Sand smooth leather upholstery. The new NX models are on sale now with on-the-road prices from £44,445 for the NX 350h and £49,995 for the NX 450h+

Life is always throwing up unexpected events and when you’re a motorist, a bump or scrape might happen at any time and can be a costly experience. Toyota Insurance Services is helping ease some of the financial pain with its new Excess Protection cover Available for owners of both Toyota and Lexus models, this complimentary 12-month offer will pay back up to £350* of your motor insurance excess, once your claim is resolved. To qualify for the offer, you need to have purchased a vehicle – new or used – from an official Toyota or Lexus centre, or completed a scheduled full or interim service at an authorised Toyota or Lexus workshop, within the last 60 days. If you need to make a claim on your motor insurance, you have a legal right to choose where your car is repaired – something that’s often not made clear to customers. If you have signed up for Toyota or Lexus Excess Protection, you should call Toyota/Lexus first: a dedicated team will help you choose the most convenient authorised bodyshop and, if necessary, organise delivery of your vehicle. Whether it’s a small scuff or a bigger issue, by using an authorised Toyota/Lexus bodyshop you can trust your vehicle will be dealt with by qualified technicians using genuine parts. Jason Milton, CEO Toyota Insurance Services, said: “People are having focus on their personal budgets more than ever, so we are looking at ways to help people save money while benefiting from the best quality and service. Our new Excess Protection cover can help take some of the financial sting out of an accident, while guaranteeing the high-quality service that’s key to the Toyota and Lexus ownership experience.” There is no charge for Excess Protection and owners can register for it online here. It runs for 12 months and covers a single claim during that period. For further information and terms and conditions visit https://www.toyota.co.uk/insurance/excess-protection / https://www.lexus.co.uk/insurance/excess-protection. * Up to £350 reimbursed after the claim is settled. Excludes breakdown and windscreen repair or replacement. See policy document for full terms and conditions here.

The all-new Lexus LBX has made a winning debut in the EcoCar Electrified Top 50, taking the title of “best hybrid compact SUV) and second place – by a single point – in the overall rankings Iain Robertson, EcoCar Editor and Publisher, said: “Lexus has never sold a model as small the LBX before and we’re already huge fans of this classy hybrid. Its interior feels as well-made, upmarket and well-equipped as you would expect from Lexus and, if the company’s past hybrid powertrains are anything to go by, it should be supremely reliable. “The LBX’s compact size, automatic gearbox and 62.7mpg fuel efficiency make it the ideal urban companion and there’s even the option of all-wheel drive for customers who live in more remote locations.” This latest honour reinforces the LBX’s status as a game-changing model for Lexus, establishing the brand in a new market segment. Although compact in size, it makes no compromise in Lexus luxury craftsmanship quality, refinement, reliability and driving pleasure.

Lexus’s commitment to providing the best possible ownership experience for its customers reaches every aspect of its business, including the development of new insurance products. Lexus Insurance Services has designed two new cover packages specifically for owners of the all-electric RZ 450e and the all-new hybrid LBX compact crossover that offer refund and renewal discount opportunities linked to driving performance. Moving on from the one-size-fits all concepts, the company has tailored these new products to complement its policyholders’ driving styles It has also increased their value proposition by making rewards available, in addition to the comprehensive benefits that are included in all Lexus insurance policies. RZ 450e mileage-based insurance Lexus has introduced its first mileage-based insurance with a product that’s designed specifically for the RZ 450e and which offers the potential for an end-of-year refund. The amount of refund is specific to each individual and is calculated by comparing the policyholder’s declared miles and the actual distance they cover during the policy term. The mileage is accurately monitored (with the owner’s consent) via the car’s data communications module (DCM). This is a standard feature on all new vehicles, so no additional hardware has to be fitted. When purchasing the insurance, the customer declares the mileage they forecast they will travel in their RZ in the next 12 months and this is factored into the cost of the premium. At the 11th month of the insurance period, the total for the whole year is calculated; if this is less than the declared mileage, a refund is calculated based on what the insurance premium would have been using the lower mileage figure. Full details and terms and conditions are available at www.lexus.co.uk/insurance/rz. LBX Hybrid Insurance Lexus’s LBX Hybrid Insurance is a new kind of cover for an all-new model. It provides all the established benefits of Lexus vehicle insurance but with opportunity for private customers to receive a discount of up to 10 per cent* on their renewal premium, based on the distance they cover driving in their car’s pure electric EV mode during the policy year. As with the new RZ insurance (see above), the car’s DCM allows for remote monitoring of the car, in this case the miles travelled in EV mode. When the time comes for the policy to be renewed, the EV distance is used to calculate the discount the policyholder may be eligible for on their renewal premium. This can be up to a maximum of 10 per cent, equivalent to a minimum of 57 per cent of the total mileage monitored having been covered in EV mode. Policyholders can monitor their performance using the Lexus Link+ app. This shows in clear graphics the mileage and percentage of driving in EV mode and the discount expected to be available when their Lexus Insurance policy falls for renewal. The policy period dates are also clearly shown. Full details and terms and conditions are available at www.lexus.co.uk/insurance/lbx-hybrid-insurance. Lexus insurance benefits All Lexus insurance products provide the peace of mind and convenience of a 24-hour emergency claims helpline; the guarantee of Lexus genuine parts* being used for repairs, with work carried out by approved repairers and protecting any existing warranties; and automatic courtesy car cover**, provided by an approved repair centre and with the customer’s insurance cover automatically transferred to the vehicle. In addition, if a claim is made for an accident that is not the customer’s fault and where the driver of the other vehicle is uninsured, there is no loss of no claim discount and no requirement to pay any excess. More information can be found at www.lexus.co.uk/insurance/car-insurance. * Excluding windscreen/glass replacement. ** Subject to availability.

Lexus is making all-electric motoring more accessible with the introduction of a new, dedicated wallbox charging system, Lexus HomeCharge, and new-season offers for retail customers purchasing its battery electric models. This spring there are offers for both the UX 300e compact SUV and the luxury RZ 450e, including the availability of zero per cent APR Representative through Lexus PCP (personal contract purchase)*. Lexus HomeCharge Lexus HomeCharge is the only home EV charger that is fully integrated with Lexus’s electric vehicles and the Lexus Link+ app. This gives the convenience of being able to check your vehicle’s battery status, start and stop charging remotely and schedule charging times to suit your personal timetable. Through to 1 July 2024, retail customers ordering a new Lexus plug-in hybrid and electric car (registered by 31 July 2024) can obtain a Lexus HomeCharge wallbox for £395, including standard installation (terms and conditions apply); the regular cost is £1,095 including VAT. The compact unit (195mm wide, 320mm high and 110mm deep) is Lexus branded and can be mounted on a wall or pedestal. Authentication is by the Lexus Link+ app or RFID (two cards are provided). It comes with a three-year warranty and a 10-year 4G data plan. Software updates to the system are delivered seamlessly over the air. Lexus HomeCharge is delivered in partnership with British Gas whose qualified engineers will carry out the installation. Aftercare will be provided by Lexus specialists. Further information is available at www.lexus.co.uk/electric-cars/home-charging. The Lexus Link+ app can also be used to access the Lexus Charging Network. A monthly subscription gives customers access to more than 600,000 public charge points across the UK and Europe, without having to use multiple apps or cards. It includes a search facility so charging locations can be planned ahead for longer journeys. Prior to arrival, the app will show useful information such as charging speeds, cable compatibility and pricing structure; a filter tool can be used to locate charge points that best suit the customer’s requirements. Three subscription tariffs are available, to suit different customer priorities and vehicle use levels. Full details can be found at Lexus Charging Network | The charging network for your Lexus | United Kingdom (lexus-charging-network.eu). RZ 450e The all-new RZ 450e delivers seamless, smooth and powerful all-electric performance combined with Lexus’s hallmark craftsmanship quality and an unmatched array of safety and driver assistance features, earning the model a top five-star rating in independent Euro NCAP testing. With the benefit of the Lexus Direct4 all-wheel drive torque control and eAxle system, the sharply designed SUV delivers the Lexus Driving Signature – a constant sense of connection between driver and car that ensures comfort, confidence and control at all times. The 309bhp powertrain features a 71.4kWh long-life lithium-ion battery, enabling a driving range of up to 271 miles (WLTP combined cycle data, with 18-inch wheels; 251 miles with 20-inch wheels). The Takumi model specification includes 20-inch alloy wheels, Ultrasuede seat upholstery, a dimmable panoramic roof and 13-speaker Mark Levinson premium surround sound system. The new seasonal offer programme, available until 1 July 2024, includes zero per cent APR Representative and a deposit contribution of £4,500 on the Premium Pack and Premium Plus Pack models, and £6,000 on the top-of-the-range Takumi model*1. Representative example – Lexus RZ 450e Takumi First monthly payment £489 Next 46 monthly payments £489 Customer deposit £14,372.18 Deposit contribution £6,000 Amount of credit £48,723 Guaranteed future value/optional final payment £25,740 Total amount payable £69,095 Term 48 months Fixed rate of interest (per annum) 0% Representative APR 0% UX 300e The UX 300e is a battery electric version of the UX compact SUV, benefiting from Lexus leadership in electrified vehicle technologies in the premium car market, established over more than 15 years. The model underwent technical upgrades within the past year that extended its driving range by more than 40 per cent, to up to 279 miles. All versions are included in Lexus’s current customer offer – the entry-level UX 300e and the Premium Pack and Takumi Pack versions*2. Representative example – UX 300e First monthly payment £399 Next 46 monthly payments £399 Customer deposit £11,574.33 Cash price including customer saving £27,495 Deposit contribution £4,500 Amount of credit £31,420.67 Guaranteed future value/optional final payment £12,667.50 Total amount payable £47,495 Term 48 months Fixed rate of interest (per annum) 0% Representative APR 0% *Subject to status to over 18s. Indemnities may be required; terms apply; Toyota Financial Services. *1Subject to status to over 18s. Indemnities may be required; terms apply; Toyota Financial Services. For details visit Lexus RZ Offers | Personal Contract Purchase | Lexus UK *2Subject to status to over 18s. Indemnities may be required; terms apply; Toyota Financial Services. For details visit Lexus UX 300e Offers | Personal Contract Purchase | Lexus UK

Lexus has introduced a range of seasonal offers for retail customers looking to make the move to a superior quality all-electric car, available through Lexus Personal Contract Purchase (PCP) The Lexus RZ 450e luxury SUV is now available with zero percent APR representative and a £4,500 deposit contribution*. The same finance offer is also available for the compact Lexus UX 300e 1 For those seeking best-in-class plug-in hybrid electric performance, the RX 450h+ is currently offered with 1.9 percent APR representative and £4,000 deposit contribution2. Representative examples of these offers – available through to 2 April – are provided below. RZ 450e The all-new RZ 450e delivers seamless, smooth and powerful all-electric performance combined with Lexus’s hallmark craftsmanship quality and an unmatched array of safety and driver assistance features, earning the model a top five-star rating in independent Euro NCAP testing. With the benefit of the Lexus Direct4 all-wheel drive torque control and eAxle system, the sharply designed SUV delivers the Lexus Driving Signature – a constant sense of connection between driver and car that ensures comfort, confidence and control at all times. The 309bhp powertrain features a 71.4kWh long-life lithium-ion battery, enabling a driving range of up to 271 miles (WLTP combined cycle data, with 18-inch wheels; 251 miles with 20-inch wheels). The Takumi model specification includes 20-inch alloy wheels, Ultrasuede seat upholstery, a dimmable panoramic roof and 13-speaker Mark Levinson premium surround sound system. Representative example*: – Vehicle Lexus RZ 450e Takumi including bi-tone exterior paint finish option at £1,100 First monthly payment £549 Next 46 monthly payments £549 Customer deposit £15,007 Deposit contribution £4,500 Vehicle cash price £75,100 Amount of credit £55,593 Guaranteed future value/optional final payment £29,790 Total amount payable £75,100 Term 48 months Fixed rate of interest (per annum) 0% Representative APR 0% UX 300e The UX 300e is a battery electric version of the UX compact SUV, benefiting from Lexus leadership in electrified vehicle technologies in the premium car market, established over more than 15 years. The model underwent technical upgrades within the past year that extended its driving range by more than 40 percent, to up to 279 miles. The entry point to the range, the UX 300e comes equipped with 17-inch alloy wheels, aluminium roof rails, bi-LED headlights, LED fog lights, front and rear parking sensors, eight-way power front seat and steering wheel adjustment, Lexus Link Connect multimedia system with eight-inch touchscreen, reversing camera and smartphone integration with Apple CarPlay (wireless)/Android Auto (wired). The current customer offers also includes the high-specification UX 300e Takumi Pack. Additional features provided as standard on this model include 18-inch alloy wheels, Blind Spot Monitor with Rear Cross-Traffic Alert with auto brake, triple-eye LED headlights, 360°panoramic view monitor, hands-free power tailgate, 13-speaker Mark Levinson Premium Surround Sound system, Lexus Link Pro multimedia system with 12.3-inch touchscreen, head-up display and a sunroof. Representative example1: – Vehicle Lexus UX 300e including special metallic paint option at £920 First monthly payment £419 Next 46 monthly payments £419 Customer deposit £10,069.50 Deposit contribution £4,500 Vehicle cash price £48,415 Amount of credit £33,845.50 Guaranteed future value/optional final payment £14,152.50 Total amount payable £48,415 Term 48 months Fixed rate of interest (per annum) 0% Representative APR 0% RX 450h+ The RX 450h+ is the first plug-in hybrid version of Lexus’s large luxury SUV, introduced with the all-new, fifth-generation RX in early 2023. The Lexus plug-in hybrid system offers a critical benefit that sets the RX 450h+ apart from its rivals. When the battery charge is depleted, the vehicle switches seamlessly to its self-charging hybrid system, maintaining high fuel and emissions efficiency. This contrasts with most other manufacturers’ systems, where the powertrain defaults to its internal combustion engine. The 2.5-litre system produces 304bhp, enabling nought to 62mph acceleration in 6.5 seconds, yet returning official WLTP CO2 figures of 25-26g/km and 235.4-256.8mpg. The homologated EV driving range is 42 miles, with all-electric driving possible at speeds up to 80mph. As an example, the popular Premium Pack model specification includes power-adjustable front seats, the latest Lexus Link Pro multimedia system with 14-inch touchscreen, smartphone integration and both cloud-based and embedded navigation, a 12-speaker audio system and 19-inch alloy wheels. The current offer on all RX 450h+ models is available at 1.9 percent APR representative2 and a £4,000 deposit contribution 2 on a Lexus Personal Contract Purchase plan*. *Subject to status to over 18s. Indemnities may be required; terms apply; Toyota Financial Services. For details visit Lexus RZ Offers | Personal Contract Purchase | Lexus UK 1 Subject to status to over 18s. Indemnities may be required; terms apply; Toyota Financial Services. For details visit Lexus UX 300e Offers | Personal Contract Purchase | Lexus UK 2 Subject to status to over 18s. Indemnities may be required; terms apply; Toyota Financial Services. For details visit Lexus RX Offers | Personal Contract Purchase | Lexus UK

If you’re looking to renew your insurance, you might be facing higher costs than usual. But why is this, especially when you haven’t claimed on your insurance? We explore the factors that are potentially leading to rising car insurance premiums in 2023 and 2024. Are insurance premiums really rising? According to ABI, insurance premiums are indeed up year on year, and they’ve been rising steadily over the last few quarters. The study shows that, in Q4 2022, the average price paid on renewal rose 8%, and the average price paid for a new policy in the fourth quarter of 2022 rose by 7% from the previous quarter. Further research suggests that this trend has continued into 2023, with prices up 21% in Q2 2023 compared to Q2 2022. So why is this happening? In order to understand this, you first need to know how insurance premiums are calculated. How are insurance premiums calculated? Essentially, insurers calculate premiums by estimating the risk involved, and ensuring that the premiums they set for individuals cover the claims of those who need it. If you take a look at your insurance policy documents, you’ll probably notice that your insurance covers quite an array of services, all of which need to be covered by the policies that are in place. Your policy might include: Unlimited third party personal injury cover Up to £20m of third party property damage Cover for own vehicle accidental damage Cover for vehicle theft and fire … and many more What’s causing the increase in insurance premiums? Premiums have increased recently because of high inflation. Ultimately, the insurance provider still needs to cover all the costs involved when someone makes a claim on their insurance, but inflation causes these costs to become more expensive. This means that the costs involved with repairing and sourcing parts for your vehicle, such as replacing its battery or fixing electrical problems, are higher. Other costs, such as legal fees or hiring a replacement vehicle while your own is getting repaired, have also increased as a result of inflation. This has meant insurers have had to raise premiums so they can cover the costs of the insured losses. Why has my insurance increased above inflation? Unfortunately, a lot of the costs involved with paying out for claims have increased above inflation. ABI’s research shows that average vehicle repair costs have increased by 46% in Q2 2023 compared to Q2 2022, and the costs involved with providing replacement cars while vehicles are being repaired have increased by 52% in the same period. These two examples show that costs have increased far higher than inflation rates; the peak inflation rate was 11.1% in October 2022. Although car insurance premiums are meant to cover the cost of claims, ABI’s recent research shows that claim payouts have increased at a faster rate – 29% year on year – than the average insurance premium in Q2 2023 (21% year on year). Can we expect insurance premiums to decrease now that inflation rates are coming down? Not necessarily. The price increases outlined above are unlikely to fall. Although there has been a decrease in the inflation rate, this doesn’t mean that the prices of goods and services are falling; it just means that they’re increasing more slowly. How do premiums compare to pre-coronavirus levels? Although inflation has increased each year since 2019, you might be surprised to learn that the average premium was lower in the first quarter of 2023 compared to the Q4 2019. Whereas in Q4 2019, the average premium was £483, in Q1 2023, the average premium was £478. Are there any other factors that are affecting insurance premiums? Yes, there are a number of other factors that are increasing insurance premiums. Over the last couple of years, there have been a number of supply chain issues, meaning that some car parts are taking longer to source. These delays have a knock-on effect by increasing costs for the insurer. For instance, if a part cannot be sourced for a few days, the vehicle cannot be repaired, which means that insurers must pay for a customer’s courtesy car for longer. In addition to this, in general, prices for repairs have increased as technology has improved. This is because newer vehicles are more sophisticated and often include cameras, sensors and screens that are more expensive to repair and replace than older vehicle parts. I’m taking car insurance out for the first time and it’s really expensive. Has it always been this way? There are a number of factors involved with calculating risk. If you’re a new driver – especially one in your late teens or early twenties – you might find that your insurance premiums are quite high. This is generally because you haven’t built up a no claims bonus (NCB), which essentially acts as “proof” that you’re a relatively low risk to insurance providers. In addition to this, from the 1st January 2022, the Financial Conduct Authority (FCA) banned insurers from providing new drivers with discounted policies as the additional cost was often passed onto loyal customers who had stayed with their insurance provider for a number of years. This means that cover for your first year or two of driving might be more expensive than individuals who were in your position a few years ago. Why are Land Rovers so expensive to insure? As well as the factors explained above, the cost of Land Rover insurance has increased significantly over the last couple of years. This is mainly due to a recent increase in thefts of higher-end vehicles such as Land Rovers – particularly in urban areas. To account for the additional risk involved, insurance companies have increased the premiums involved with insuring these vehicles. In some cases, insurers are refusing to cover Land Rovers entirely. Read more about why Range Rover insurance is so expensive. Why are electric cars so expensive to insure? According to a study conducted by Thatcham Research, battery electric vehicle (BEV) claims are around 25.5% more expensive than their internal combustion engine (ICE) counterparts and take around 14% longer to repair, which is likely contributing to the increased cost of electric car insurance. Other factors involved include a higher claim rate for EVs than ICE vehicles; this is usually 25% higher for EVs. So what’s contributing to these factors, and why is EV insurance so expensive? This is due to a number of factors, including the limited repairability of EVs, a lack of training in EV repair for mechanics, higher component costs, and the increased fire risks involved after a crash. Lack of training in place for EV repairs Research from the Institute of the Motor Industry (IMI) revealed that, as of 2020, only 6.5% of the current motor mechanic workforce is qualified to service EVs, and this skills gap is likely to continue into 2030 if it isn’t addressed. Thatcham Research’s study shows that Vehicle Damage Assessors (VDAs) often lack the necessary skills, training and tools to properly assess EVs because of their technical complexity. High voltage (HV) battery damage in particular is often misdiagnosed. This can cause more EVs to be incorrectly evaluated or written off, which in turn increases electric car insurance costs. Low repairability of EVs and high component costs The most significant reason why BEVs are more expensive to repair is due to the low repairability of HV batteries used in EVs. HV batteries are extremely expensive to replace; often they will cost more than the average used value of the vehicle they’re powering, which can mean that the vehicle is cheaper to write off than repair. What’s more, basic garage repairs for EVs can cost up to 400% more for EVs than their combustion engine counterparts. These costs must be accounted for and reflected in insurance premiums to cover the risks involved with the vehicle. More risks involved after a crash When BEVs are involved in a crash, this can damage the vehicle’s HV battery, which increases the risk of fire breaking out. As a result, BEVs with potentially damaged HV batteries must be monitored for 48 hours after the incident in an outside quarantined area 15 metres from other nearby objects (including other vehicles). This means that EVs with suspected HV battery issues take up more space in garages than ICE vehicles, which further increases the costs involved with diagnosis and repair. How can I reduce my insurance premiums? It’s usually better to focus on ensuring your insurance policy provides adequate cover for your needs. Focusing on price could mean that your policy doesn’t include cover for things that are important to you, meaning that you end up having to pay out of pocket for these extra aspects when you need to make a claim. That being said, we have a number of tips for those who want to save on their insurance. Read our blog of more than 20 simple steps to reduce your car insurance premiums and save money. Get tailored car insurance from Adrian Flux If you’re in need of car insurance now, we would suggest getting a quote from a specialist insurance broker like us. We compare quotes from 30 insurers and make sure we know your exact needs so you don’t waste money and only pay for the cover you require. As a specialist insurance broker, we are also able to cover a wide range of vehicles, from standard cars to classics, imports and modified vehicles. Call us on 0800 369 8590 for a quote, or book a callback for a quote. Lexus Owners Club discount link Original Article Source: https://www.adrianflux.co.uk/blog/2023/12/insurance-pricing-faqs/ Words by Jasmine. December 14, 2023

The LBX Morizo RR Concept makes its world debut today at the Tokyo Auto Salon, a reinterpretation of Lexus’s all-new compact crossover as a high-performance model that’s focused on driver engagement and rewards. At the same time, the concept preserves the essential high-quality driving experience and sophisticated design that are intrinsic to the brand Adding another dimension to the LBX’s convention-breaking character, the concept model has been created with direct input from Toyota Motor Corporation Chairman and Master Driver Akio Toyoda – also known as “Morizo”. Chairman Toyoda gives a personal insight into the project in a short video. The LBX Morizo RR Concept is powered by a turbocharged and intercooled in-line three-cylinder engine that delivers a maximum 300bhp/305 DIN hp/224 kW, driving all four wheels through an electronically controlled system and a Direct Shift eight-speed automatic transmission. All key elements of the car have been honed for performance, including packaging, body, suspension and tyres. To optimise aerodynamics, the development team applied technologies from the world of high-speed air racing. In keeping with the theme of the Lexus and Toyota Gazoo Racing presence at the exhibition, the concept has been customised with unique details. Morizo’s signature yellow colour features in the plated moulding of the unified spindle grille, the brake callipers and the seatbelts. The result is a car that embodies a sense of casual luxury and has the reassuring, rewarding quality of a trusted driving partner. LBX Morizo RR Concept outline specifications Base vehicle Lexus LBX DIMENSIONS Length (mm) 4,190 Width (mm) 1,845 (+20) Height (mm) 1,535 (-10) ENGINE Engine code G16E-GTS Type In-line 3-cylinder with turbocharger and intercooler Max. output (bhp/DIN hp/kW @ rpm) 300/305/224 @ 6,500 Max. torque (Nm @ rpm) 400 @ 3,250 – 4,600 TRANSMISSION Type Direct Shift 8-speed automatic Drivetrain Electronically controlled full-time AWD TYRES Size 235/45R19 SUSPENSION Front MacPherson strut Rear Double wishbone BRAKES Front/rear Ventilated discs COLOURS Exterior Sonic Chrome with Black Interior Ochre GX 500 Overtrail “JAOS version” The Lexus booth at the Tokyo Auto Salon also presents a special version of the forthcoming all-new GX, the GX 550 Overtrail “JAOS Version”. The SUV – which in standard form will be introduced in Japan and selected Eastern European markets later this year – has a wealth of special features applied by JAOS, leading suppliers of aftermarket parts for AWD vehicles. The result is enhanced driving capabilities on all terrains and a commanding, rugged appearance. Elements include a steel-look front fender that is actually made of strong, lightweight resin, protective wing garnishes, large mudguards, lift-up suspension and tube-style side steps. With the GX and the Overtrail project, Lexus aims to help people enjoy outdoor lifestyle experiences that are in harmony with the natural world.

Lexus enjoyed a record-breaking 2023 with its new car sales volume increasing by almost 50 per cent on the previous year’s total. The strong performance confirms it as one of the fastest-growing brands in a premium car market that overall grew by a more modest 13.6 per cent. The calendar year saw Lexus deliver 15,963 new vehicle sales, compared to 10,675 in 2022, establishing a new record for the company’s sales volume and premium market share. Electrified vehicles – hybrid electric, plug-in hybrid electric and battery-electric – accounted for 99.5 per cent of the total in a product line-up that welcomed significant new and revised models. These included the new generation RX and all-electric RZ 450e luxury SUVs and the all-new LM “luxury mover” people-carrier. This year will see the arrival of the all-new LBX compact crossover, which promises to be game-changing vehicle for the brand. Chris Hayes, Director of Lexus in the UK, commented: “With the challenges all car makers have faced in their supply chains now being somewhat eased, and with the introduction of exciting new models and electrified powertrains, we have been fortunate to build a healthy sales momentum. In the coming year, we expect to see this accelerate further with our entry into a new and valuable market for our brand with the all-new LBX. As well as building our sales further, we hope that the LBX will increase awareness and interest in our brand and our growing product range.”

For the thousands of motorists driving home for Christmas this week, Lexus has curated a list of attractions where drivers of a battery or plug-in hybrid electric vehicle, can recharge their car and enjoy a festive break en route. The locations include dazzling light displays, enchanting Christmas trails, and bustling markets, chosen for their focus on design and craftsmanship, which is a central feature of all Lexus cars. They are also strategically placed a few miles from major roads and motorway junctions, so journeys can be resumed quickly and easily. The recently upgraded Lexus UX 300e all-electric, compact luxury SUV is the perfect car for driving home for Christmas, with a range of up to 279 miles on one charge, an open and spacious interior, and 367 litres of boot space, which is ideal for carrying Christmas presents and overnight bags. For those who over-indulge on turkey and mince pies, the UX 300e’s nanoe™ X air purification technology can neutralise bad odours, act against mould and inhibit viruses, bacteria, pollen and allergens. M11 Wimpole Estate, near Cambridge, eight miles from junction 12 Wimpole Estate has been beautifully decorated for Christmas with an after-dark illuminations trail, Christmas decorations in Wimpole Hall house, local choirs singing carols, and gifts on sale in the stable block. Festive food and drink are available at The Rectory, Stables Café and Farm Café, and a turkey or vegan roast is served on Wednesdays and Thursdays between 12:30 and 14:30. Christmas Illuminations dates: 24 November 2023 to 31 December 2023. For information and evening tickets visit https://www.nationaltrust.org.uk/visit/cambridgeshire/wimpole-estate. There are 12 7.4kw electric charge points in the main car park, available through Raw Charging. M25 RHS Garden Wisley, Surrey, three miles from junction 10 of the M25 Junction 10 of the M25 is a traffic jam hot-spot right now, so taking a break from the queues to recharge and refresh is recommended. RHS Garden Wisley’s magnificent Glow light display is a real show-stopper. A special illuminated trail through the garden and Glasshouse features dazzling wicker alliums, globes and arches and the Alpine Meadow field of fire, all accompanied by music, orchestrated fountains and special effects. Festive food chalets serve snacks and drinks, such as Bratwurst and hot chocolate, while the Terrace Restaurant and Wisley Café offer special Christmas menus. The Wisley Garden Centre sells gifts and Christmas decorations as well as homewares, books, plants and gardening tools. RHS Garden Wisley is one of the UK’s most visited and best-loved gardens and is a hub of horticultural excellence, with some of the largest plant collections in the world. Date: from now until 2 January 2024, 16:00 – 21:00. For info and tickets visit https://www.rhs.org.uk/gardens/wisley. There are eight standard 7.2 KWH 32 Amp sockets available in the car park for re-charging. A429 Charlecote Park, Warwickshire, two miles from the A429 This Christmas, Charlecote Park will be celebrating the traditional skills and techniques of crafts featured on the Red list – those which are in danger of dying out. The house will therefore be filled with heritage craft-themed decorations, such as globe making, flock wallpaper, illuminated books, and harp making. There will be a selection of eco-friendly and sustainable gifts on sale in the Servants Hall, which are perfect for last minute Christmas presents, while children will enjoy a heritage crafts puzzle trail. Charlecote Park is a National Trust Victorian country house located in Charlecote, near Wellesbourne, Warwickshire. The house is situated along the banks of the River Avon and is known for its picturesque setting and 180-acre deer park. Christmas activities run from now until Monday 8 January 2024; opening hours 9:00 – 16:00 (last entry 15:00). There are 14 11.4kw electric vehicle charging points in the car park, available through Raw Charging. A41 Waddesdon Manor, Buckinghamshire, one mile from A41 Waddesdon Manor is a Grade I listed grand country house owned and managed by the National Trust. The house and estate are transformed into a magical wonderland at Christmas, with themed exhibits within the mansion, spectacular light projections on the manor facade inspired by three classic tales and a Christmas lights trail. A Christmas food village runs until 1 January. Dates: From now until 1 January; Christmas grounds open 12:00 – 19:00 (last entry 18:00); Christmas house open 12.30 – 19.30 (last entry 18:30). Visit Waddesdon.org.uk for more info. There are four 16A EV Type 2 charging socket charging spaces available in the visitor car park. A5 Attingham Park, Shropshire, eight miles from A5 Christmas at the National Trust’s Georgian mansion, Attingham House, near Shrewsbury, runs from now until 1 January, featuring more than 50 decorated Christmas trees throughout the house and grounds, including a mile-long walk with festive trees inspired by classic fairy tales. Visitors can discover All That Glitters inside the house, and an eco-friendly synthetic ice-skating rink is making its debut in the park. Every Saturday morning in December, 09:30 – 10:15 the mansion will be open for SEN (Special Educational Needs) relaxed sessions, when the house will be quieter and more relaxed, especially for those on the Autism Spectrum who may find the environment overwhelming during busy times. Dates: Christmas at Attingham is open from now until 1 January 2024. Visit National Trust website for info on tickets and opening hours. There are two 7kw Vend electric charging points, each with two connectors, available in the main car park. M6 Trentham Estate, Staffordshire, one mile from J15 of the M6 and A500 Trentham is home to 725 acres of spectacular natural beauty, with award-winning gardens, ancient woodland and an outdoor shopping village, so there are plenty of walks and attractions to enjoy during a break from driving. There is a shopping village filled with a range of independent and high street brands housed in more than 80 wooden lodges – perfect for last-minute gifts. There are also plenty of cafés, restaurants and bars to choose from. Car parking is free, and there are four electric car charging points available, next to the Shopping Village. M53 Chester Zoo, five miles from the M53 Chester Zoo has an expansive landscape of 130 acres and is one of the United Kingdom’s most famous zoological establishments. In the spirit of the holiday season, Chester Zoo and Sony Music present the world premiere of Lanterns and Light, where the park is transformed into a festive wonderland trail where you can meet giant illuminated model creatures and puppets, such as lions, dolphins and elephants, along the way. Opening dates: from now until 31 December, 16:15 – 21:15 (last entry for Lights and Lanterns: 20:15) There are 13 EV charging devices with 26 connectors available. M4 Hardwick Hall, Derbyshire, 10 miles from the M4 Hardwick Hall is a stunning Elizabethan house filled with beautiful furniture and tapestries, carefully preserved by the Devonshire family for generations. This Christmas, Hardwick Hall presents Wintertide, a lantern light tour, in which visitors can explore the rich tapestries, friezes, and portraits on the 400-year-old walls and uncover the fascinating stories they hold as they walk through with a lantern. Artist Pedro Sanchez Carvera has created contemporary displays playing with light and shadow that highlight the best of Elizabethan winter celebrations. Opening dates: from now until 7 January 2024, (gardens open 09:30 – 15:30, house open 11:00 – 15:00). Click here for more info. There is one device and one connector available in the lower car park. There are also two EV chargers, each with both 50kw and 120kw connectors, available at the nearby Starbucks on the A617, S44 5LY (12-minute drive). A483 Erddig, Wales, five miles from the A483 Erddig house and yards have been transformed into a festive wonderland with enchanting decorations, where visitors can enjoy Christmas-inspired craft activities, visit Father Christmas in the grotto and listen to live music on selected dates. There is also a seasonal menu with hot chocolate and toasted marshmallows in the restaurant. Erddig Hall is a National Trust property, built in 1684-1687with a mix of architectural styles. The property’s extensive gardens and parkland are well-known for their beauty and variety and the walled garden is particularly famous for its formal layout and historic plants. Opening dates: from now until 7 January 2024 (gardens open from 10:00 – 16:00, house from 11:30 – 14:30). Visit National Trust website for more info. There are three EV charging devices, with four connectors, provided by the ZeroNet network. M9 Stirling Castle, Scotland Stirling Castle is among Scotland’s largest and most impressive castles, located on top of an imposing crag with cliffs on three sides. The ever-popular Christmas Shopping Fayre filled with local crafts, fine foods and drinks, is located on the Stirling Castle esplanade. The castle is serving a festive lunch in the castle Green Room every day until Saturday 23 December. It is also staging a special adaptation of Charles Dickens’, A Christmas Carol on Friday 22 and Saturday 23 December. Although there are no EV chargers at the castle itself, there are 33 EV chargers with 98 connectors available at nearby Castleview Low Carbon Hub, FK9 4TW, which is part of the ChargePlace Scotland network. This is just a six-minute drive from the castle. For info on the location and status of EV chargers around the country, Lexus provides a handy map and guide to public EV chargers: https://www.lexus.co.uk/electric-cars/public-charging. For those with a Lexus car, the Lexus Public Charging Network is a new subscription-based model that provides access to more than 500,000 charging points across Europe. It also works with the Lexus Link+ app, so drivers can manage all their EV information in one place.