CarCostCheck

LEXUS GS300 (2001)

Running costs, reliability data, and common problems from 205 real MOT tests.

Annual Cost

£2,427

£202/month

MOT Pass Rate

86%

Good

Road Tax

£430

Based on CC/year

Insurance

Grp 30-42

2997cc Petrol

Solid Option

86% pass rate, £2427/year to run. Close to the national average.

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Petrol2997cc25 years old205 tests116k miles avg

Annual Running Costs

Fuel (Petrol, 2997cc)

~30 mpg

£1,592
Road Tax

Based on 2997cc

£430
MOT Test
£55
Predicted Repairs
£350
Total per year£2,427
Per month£202/mo
Per week£47/wk

Based on 7,400 miles/year (UK average), current fuel prices, and repair likelihood from MOT data. Insurance not included.

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Reliability Verdict

86% MOT pass rate(Good)
0%National avg: 82%100%

Good reliability. Occasional issues but generally solid. That's close to the national average of 82%.

At 25 years old, 86% of LEXUS GS300s from 2001 passed their MOT first time in 2026. That's based on 205 tests across the UK. The average mileage at this age is 116,012 miles.

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How Does It Compare?

Rank among 2001 cars43th of 362(top 12%)
Rank among LEXUS models166th of 301(top 55%)
vs national average+4%(82% avg)
vs 2001 cars average+13%(73% avg)
vs LEXUS average-1%(87% avg)

Mileage Analysis

116,012

Average miles

vs

185,000

Expected for age

The average 2001 LEXUS GS300 has 116,012 miles on the clock, which is below the expected 185,000 miles for a 25-year-old car. This suggests lighter use than average, which generally means less wear on major components.

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Best Year to Buy?

The most reliable year is the 2009 model with a 88% MOT pass rate, while the 1996 model has the lowest at 72%. The 2001 sits between the two at 86%.

LEXUS GS300 by Year

YearPass RateTestsAvg Mileage
200988%30782,593 mi
200884%290101,726 mi
200786%537113,924 mi
200682%850112,615 mi
200582%1,380113,983 mi
200482%118123,462 mi
200380%235120,543 mi
200278%234126,236 mi
200186%205116,012 mi
200082%158127,322 mi
199982%343120,738 mi
199886%426126,321 mi
199787%175130,327 mi
199672%142119,245 mi
199596%45134,888 mi
199486%42103,430 mi

Similar Cars to Consider

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About the 2001 LEXUS GS300

The 2001 LEXUS GS300 is a premium performance with a 2997cc petrol engine. 205 of these vehicles were MOT tested in 2026, making it a less common model in the UK market. It ranks in the top 12% of all 2001 cars for reliability.

With an average of 116,012 miles at 25 years old, LEXUS GS300 owners tend to use this car less than the typical driver.

2001 LEXUS GS300 Fuel Costs

The 2997cc petrol engine is on the larger side, so fuel won't be this car's strong point. Expect around 30 mpg in mixed driving, which works out to roughly £1,592 per year at current petrol prices of 142p per litre (based on 7,400 miles per year).

What does it cost to own a 2001 LEXUS GS300?

Total estimated annual running cost is £2,427 202/month), broken down as £1592 fuel, £430 road tax, £55 MOT, and £350 predicted repairs. Repair costs are moderate, reflecting the 86% pass rate. Keeping on top of servicing will help avoid surprises.

LEXUS GS300 Reliability Trend

The LEXUS GS300 has maintained consistent MOT pass rates across model years, varying by only 2 percentage points.

Buying a Used 2001 LEXUS GS300

At 25 years old, the LEXUS GS300 is firmly in budget territory. Purchase prices are low, but check for rust, worn suspension bushes, and electrical gremlins. A full service history is especially valuable at this age. If you're flexible on year, the 2009 model has the highest pass rate at 88%.

Common Issues to Watch For

Based on the 2001 LEXUS GS300's fuel type, age, and engine size, these are the most likely problem areas to check.

Timing Chain / Belt

Watch out

At 25 years old, check whether the timing belt has been replaced (typically due every 5-7 years or 60,000-100,000 miles). A snapped belt can destroy the engine.

Oil Consumption

Medium risk

Larger petrol engines can develop higher oil consumption as they age. Check the oil level and look for blue smoke from the exhaust.

Rust and Corrosion

Watch out

At 10+ years, check wheel arches, sills, subframe, and brake lines for rust. Structural corrosion is an MOT failure. Prevention is far cheaper than repair.

Suspension Bushings

Watch out

Rubber suspension bushes harden and crack with age, causing knocking noises and vague handling. A full refresh costs £300-£800 depending on the car.

Clutch Wear

Watch out

With an average of 116k miles, clutch replacement may be due (typical lifespan 60,000-100,000 miles). Budget £400-£800 for a new clutch kit.

Brake Discs and Pads

Medium risk

High-mileage cars often need brake disc replacement, not just pads. A full set of discs and pads costs £200-£500 per axle.

Service History

Low risk

Always request a full service history. Regular servicing is the single best indicator of how well a car has been maintained, regardless of mileage.

Running Costs Compared

How the 2001 LEXUS GS300 stacks up against similar cars for annual running costs, insurance, and tax.

CarPass RateFuel/yrTax/yrInsuranceTotal/yr
LEXUS GS300(2001)86%£1592£430Grp 30-42£2427
BMW 3 SERIES(2001)77%£1592£250Grp 30-42£2397-£30
BMW Z3(1999)78%£1592£250Grp 35-50£2397-£30
PORSCHE BOXSTER(2003)82%£1592£250Grp 35-50£2247-£180
JAGUAR X-TYPE(2003)71%£1592£250Grp 30-42£2397-£30

Estimates based on 7,400 miles/year, current fuel prices, and MOT data. Insurance groups are indicative. Actual costs vary by driver, location, and usage.

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Related Guides

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