Lexus announced today that the pricing for its new flagship Lexus LS 460 luxury sedan. The car with its V8 engine producing 380 horsepower with its 8-speed automatic transmission will start at $61,000 as compared to the $56,525 price in 2006. The new 2007 Lexus LS 460 comes with more with a higher price including 100 more horsepower, features such as the Automated Parking System, 18-inch alloy wheels and a 10 speaker sound system.

The Lexus LS 460 has the ability to do 0-60 mph in just 5.4 seconds regardless of its size and gets an impressive 19/27 mpg city/highway. Lexus will aslo release a longer LS 460 L starting at $71,000.

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