Phil LeBeau of CNBC had the chance to spend some time with the new Lexus LS 460 and test out its Automated Parking System that Lexus will be offering for less than $1,000 as an option. The Automated Parking System seems of the Lexus LS 460 seems to work pretty well. Nonetheless, we really don’t think you need to cash out as much for this feature but its up to you. Other than that we think BMW has definetly done a better job at mastering the Automated Parking System, since you don’t have to do any “tucking” and the car does everything for you. Check out BMW’s video below.

[tags]Cars, Car, Auto, Automobile, Vehicles, Technology, Auto News, Lexus, Lexus LS 460[/tags]