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Lexus just revealed the pricing for its first-ever luxury yacht ' and a fully-loaded model will cost $4.85 million. Here's a closer look at LY 650.

Published by Business Insider on Wed, 13 Nov 2019


Lexus unveiled the LY 650, the automaker's first-ever luxury yacht,in Boca Raton, Florida, on September 19.The new Lexus yacht was also shown at the 2019 Fort Lauderdale Boat Show, which started on October 30, the same day LY 650 sales officially began.It has a starting price of $3.74 million.So far, at least four of the yachts have already been sold.Visit Business Insider's homepage for more stories.Lexus is known for its high-end cars. But now, the luxury automaker is taking its first foray into the business of yachts.The company held the world premiere of its flagship luxury yacht, the 65-foot Lexus LY 650, in Boca Raton, Florida, in September. The sleek watercraft is based on a concept first shown in January 2017, according to the company's press release.While renderings of the yacht's design were made available last year, the Boca Raton debut marked the first time a finished model has been made public. It also appeared at the Fort Lauderdale International Boat Show, which kicked off on October 30 (the same day sales launched for the LY 650).In a press statement, Marquis Yachts (which builds the LY 650 line of yachts) announced that the yacht will have a starting cost of $3.74 million, with a fully-optioned model offered for $4.85 million. So far, four units have already been sold.Here's a closer look at the LY 650.SEE ALSO:11 of the most expensive yachts in the worldDON'T MISS:I spent 3 years writing about yachts, and owning one takes even more money than you thinkLexus' first luxury yacht was designed in collaboration with Italian yacht design studio Nuvolari Lenard.Source: LexusThe 65-foot yacht has metallic accents and sleek, sporty lines. It was shown in its optional two-tone color scheme for its Boca Raton debut.Source: LexusThe interior has the brand's distinctive leather seating in white for the two captain seats and the sofas.Source: LexusThe LY 650 has three staterooms and can sleep a total of six people.Source: LexusThe yacht's hull, developed with Wisconsin-based Marquis Yachts, combines carbon fiber-reinforced plastic and glass fiber-reinforced plastic to keep it lightweight and fast ' it promises up to 31.4 knots.Source: Lexus, ForbesThe yacht's design has clearly evolved somewhat since earlier renderings of its initial concept.Source: LexusRead more: Lexus reveals a luxurious 65-foot yacht and it's stunningIn addition to the optional two-tone color scheme, there are other available upgrades, including a custom Mark Levinson Surround Sound System to create "an immersive concert hall-like acoustic space in the salon."Source: LexusThe LY 650 has advanced tech that allows owners to remotely turn on and off the yacht's air conditioning and lights via smartphone.Source: LexusSales officially launched on October 30, with four units having already been sold by that point.Source: Lexus, PR News WireThe starting cost for the yacht is $3.74 million, with prices going up to $4.85 million for a model that includes all available optional features.Source: Lexus, PR News Wire
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