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2001 Lexus GS 300 Overview, Reviews, Ratings & Specs

Rating: 4.80
Based on 13 Owner Reviews â–¶
Simon A | March 31, 2025
The 2001 Lexus GS 300 hails from Lexus's second generation of the GS line, known for its blend of luxury and sporty driving dynamics. It's a mid-size, four-door sedan. The main trim was the GS 300. Pricing ranged from around $38,000 new. Its popularity stemmed from its smooth ride, strong reliability, and sophisticated styling, offering a more engaging driving experience than some competitors while maintaining Lexus's reputation for quality.
The Good

The 2001 Lexus GS 300 offers a blend of smooth performance and renowned Lexus reliability, appealing to practical buyers. Comfortable ride and elegant design provide an emotional draw. While not a sports car, its responsive engine and balanced handling offer a rewarding driving experience. It's a good value proposition for a used luxury sedan.

The Bad

Potential weaknesses of the 2001 Lexus GS 300 include potential for timing belt service if it hasn't been performed (due every 90k miles). Some owners have reported issues with the electronic throttle control system. Rust can be a concern in regions with harsh winters. Check for oil leaks and suspension component wear due to age.

2001 Lexus GS 300: Quick Overview

  • Engine Options: 3.0L Inline-6 (2JZ-GE)
  • Horsepower: 220 hp @ 5800 rpm
  • Torque: 220 lb-ft @ 3800 rpm
  • Fuel Economy: 18 mpg city / 25 mpg highway (EPA estimates)
  • 0-60 mph: Approximately 7.8 seconds
  • Towing Capacity: Not recommended or rated for towing

Trim-Level Features (GS 300 Base):
  • Leather upholstery
  • Power-adjustable front seats
  • Automatic climate control
  • Premium sound system with cassette player and CD player
  • Power windows, locks, and mirrors
  • Keyless entry
  • Cruise control
  • Anti-lock braking system (ABS)
  • Traction control
  • Vehicle Skid Control (VSC) - optional
  • Wood trim accents
  • Alloy wheels
  • Automatic transmission
  • Moonroof (optional)
  • Navigation system (optional)
  • Heated seats (optional)
  • Mark Levinson premium sound system upgrade (optional)

The 2001 GS 300 came standard with a respectable array of features for its time, emphasizing luxury and comfort. Optional features allowed buyers to further customize the vehicle to their preferences, adding higher levels of convenience and technology.

2001 Lexus GS 300 Specifications

Vehicle Information
Year 2001
Make Lexus
Model GS 300
Trim -
Style -
Type Sedan
Category Compact Car
Manufacturing Details
Made In Japan
Manufacturing City TAHARA
Dimensions
Doors 4-Door
Curb Weight 1650.17 kg
Gross Vehicle Weight Rating -
Overall Height 144.02 cm
Overall Length 480.57 cm
Overall Width 180.09 cm
Wheelbase Length 279.91 cm
Standard Seating 5
Engine & Performance
Engine 3.0-L L-6 DOHC 24V
Engine Size 3L
Engine Cylinders 6
Transmission 5-Speed Automatic
Transmission Type Automatic
Transmission Speeds 5-Speed
Drivetrain Rear-Wheel Drive
Additional Features
Anti-Brake System 4-Wheel ABS
Steering Type Rack & Pinion
Pricing
Manufacturer Suggested Retail Price (MSRP) $38,605 USD
Invoice Price $33,927 USD
Delivery Charges -

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Analysis

What Problems Does the 2001 Lexus GS 300 Have?

Frequently reported problems for the 2001 Lexus GS 300 often revolve around age-related wear and tear. Issues can include oil leaks (particularly around valve cover gaskets and rear main seal), suspension component wear (bushings, ball joints), and sensor failures. The electronic throttle control (ETC) system has been known to cause occasional issues, sometimes requiring replacement of the throttle body.

Recalls for the 2001 GS 300 have been issued for issues such as potential fuel leakage due to cracks in the fuel pulsation damper. It's important to check the VIN with the NHTSA (National Highway Traffic Safety Administration) to verify if any recalls are outstanding on a specific vehicle.

Long-term reliability concerns primarily relate to the age of the vehicle. The timing belt requires replacement every 90,000 miles, and neglecting this can lead to catastrophic engine damage. Rust can also be a concern, particularly in areas where road salt is used during winter. Regular maintenance and inspections are crucial to mitigating these long-term concerns.

How long will the 2001 Lexus GS 300 last?

With good maintenance, a 2001 Lexus GS 300 can easily exceed 250,000 miles. Many owners report reaching 300,000 miles and beyond. Regular oil changes, timely timing belt replacements, and addressing minor issues promptly are crucial for longevity.

Over time, weaknesses include potential rust in areas with harsh winters, suspension component wear (bushings, shocks), and gradual degradation of rubber components (hoses, seals). The electrical system, while generally robust, can experience age-related issues with sensors and wiring.

What Technology & Safety Features are Included?

The 2001 Lexus GS 300 offered a respectable suite of technology for its time. Standard features included automatic climate control, a premium sound system with a cassette player and CD player, power windows, locks, and mirrors, and keyless entry. Optional upgrades included a navigation system, heated front seats, and a Mark Levinson premium sound system.

In terms of safety, the GS 300 came standard with anti-lock brakes (ABS), traction control, and front airbags. Vehicle Skid Control (VSC) was an optional feature. Driver-assistance features were limited compared to modern vehicles, but the VSC system helped to improve stability in slippery conditions.

Crash-test ratings from the IIHS (Insurance Institute for Highway Safety) for the 2001 GS 300 show mixed results. While frontal offset crash tests resulted in acceptable ratings, side-impact protection was not as strong. The NHTSA (National Highway Traffic Safety Administration) also conducted crash tests, providing star ratings for frontal and side impacts. It's important to consult these ratings when considering the safety of a vehicle of this age, recognizing that safety standards have evolved significantly since 2001.

What Colors Options are Available?

Exterior Colors
Millennium Silver Metallic
Black Onyx
Antique Bronze Metallic
Royal Ruby Metallic
Blue Onyx Pearl
Cashmere Beige Metallic
Interior Colors
Ivory
Charcoal Black

2001 Lexus GS 300 Prices and Market Value

The 2001 Lexus GS 300 had a starting price of around $38,000 when new. Currently, used market prices range from approximately $3,000 to $8,000, depending on condition, mileage, and location. Depreciation has been significant due to the vehicle's age. Factors affecting resale value include overall condition (rust-free examples command a premium), maintenance history, and mileage. Well-maintained examples with lower mileage tend to hold their value better. The Lexus brand's reputation for reliability helps maintain some value, but age is the primary factor.

2001 Lexus GS 300 Cost of Ownership

Insurance costs for a 2001 Lexus GS 300 are generally moderate, often lower than newer luxury vehicles. Fuel costs are average for a mid-size sedan of its era. Maintenance costs can be higher than for a domestic car due to potentially more expensive parts and labor. Repair costs can be significant if major components fail. Long-term ownership costs depend heavily on maintenance and repair needs. Neglecting maintenance can make it costly, but proactively addressing issues can keep costs manageable. It's not the most economical, but not excessively expensive if well-maintained.

2001 Lexus GS 300 Fuel Efficiency

Fuel Type Gasoline
Fuel Capacity 74.95 liters
City Mileage 8.08 km/l
Highway Mileage 10.2 km/l

2001 Lexus GS 300 Warranty

Basic
Original warranty 48 months / 50,000 miles
Estimated remaining Expired
Powertrain
Original warranty 72 months / 70,000 miles
Estimated remaining Expired
Rust
Original warranty 72 months / unlimited miles
Estimated remaining Expired

2001 Lexus GS 300 Insurance

Insurance for a 2001 Lexus GS 300 is moderately priced, reflecting its status as a Sedan with strong safety ratings and
reasonable repair costs.

How Does the 2001 Lexus GS 300 Compare to Other Sedan?

The 2001 Lexus GS 300 competed with vehicles like the BMW 5 Series (E39), Mercedes-Benz E-Class (W210), and Acura TL. Compared to the BMW, the GS 300 offered similar levels of luxury and a slightly softer ride, though the BMW had more sporty handling. The Mercedes-Benz E-Class provided a more luxurious and comfortable experience, but the GS 300 was arguably more reliable. The Acura TL offered similar features at a lower price point, but lacked the prestige of the Lexus brand.

In terms of reliability, the GS 300 generally outperformed the BMW and Mercedes-Benz. Features were comparable across these models, although the specific options varied. Prices were competitive when new, but on the used market, the GS 300 often represents a good value proposition.

Alternatives to consider include the Acura TL (for value), the Infiniti I30 (for a balance of luxury and reliability), and the later model Lexus ES 300 (for a more comfortable, less sporty experience). The BMW 5 series offers a more engaging driving experience but may require more maintenance. The Lexus is a solid choice for reliability and luxury, but other choices may better suit the buyer's priorities.

Ranks #392 Sedan

1 2023 Toyota Camry (5.0★)
2 2023 Honda Accord (0.0★)
3 2023 Lexus ES (0.0★)
4 2024 Subaru Legacy (5.0★)
5 2022 Mazda MX-30 (4.0★)
6 2024 BMW M3 (0.0★)
7 2023 Ford Mustang (5.0★)
8 2023 Mercedes-Benz AMG GT (0.0★)
9 2023 Audi A3 (0.0★)
10 2023 Chevrolet Camaro (5.0★)
11 2023 Hyundai Elantra Hybrid (0.0★)
12 2023 Nissan Altima (4.0★)
392 2001 Lexus GS 300 (5.0★)

Final Verdict: Is the 2001 Lexus GS 300 a Good Sedan?

The 2001 Lexus GS 300 is ideal for someone seeking a reliable and comfortable used luxury sedan. It's a good choice for those who value Lexus's reputation for quality and are willing to perform necessary maintenance. Whether it's worth buying depends on the condition and price of the specific vehicle.

It's recommended to prioritize examples with a well-documented maintenance history, especially timing belt replacement. A rust-free example is also highly desirable. Given that it's a used vehicle, a thorough inspection by a qualified mechanic is essential before purchase. The base trim offers a good balance of features and value.

2001 Lexus GS 300 Owner Reviews

4.80
Consumer Rating, Based on 13 Consumer Reviews
Overall rating
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Rex on June 27, 2023

You will like it.

I am original owner of this car. I have owned 3 other Lexuses, ES300, RX350 (2). My wife is the usual driver of the GS. She loves it as do I. It drives nice, responsive and plenty of power. Usual maintenance required and only major was timing belt with water pump and a tune up as recommended by Lexus.

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Jonathan on July 8, 2020

Most Reliable Car I've Ever Owned

This car is great. Has lots of room. Is very comfortable. Is VERY reliable. It's quick, not fast, but quick enough. In the 7 years I've had it (I bought it used with 170,000 miles) I've only had to replace the alternator. Great car! It even drives well in the snow. Being RWD, I was a little skeptical about winter. But with snow tires it handles just as well as any AWD car in the snow.

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Donald L. on September 20, 2019

The best car I've ever bought.

This car is amazing for its age, I just picked it up from pleasant auto center in ontario and I'm sure glad I did it has great leg room, nice entertainment system and rides and handles like a dream and is comfortable.

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PracticalCarGuy on March 18, 2019

A sporty luxury car

The GS300 was a comfortable long distance cruiser that didn't get in your way if you were in a hurry. Don't let Lexus tell you that this was a competitor for a BMW 5 series because it doesn't handle as well nor provide the same amount of driving feedback. However, if you value reliability and a classy car, the GS300 will fit the bill. We drove our GS for close to 200k miles and during that time it never left us stranded or wanting for more performance. If you're traveling from DC to Boston and it is 1am in the morning with the kids sleeping in the back, you'll get satisfaction knowing that they're safe and you've made a good decision. My daughter graduated from car seat to driver's seat in the GS and I felt secure in both cases. However, if it is driving excitement that you are looking for, you'll probably find more excitement in other cars but at an expense. Despite the high initial price of the car, it won't cost you a lot to keep and maintain. Just do the regular maintenance and you'll get a reliable, safe and comfortable car for a long time.

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Missmyprincess on March 6, 2019

I wish i never sold mine

I owned my car for almost 10 years, and I made a huge mistake selling it. Lol. I sold her with 233000 miles and running like gold. Had a friend not been in a bad position, i would've easily taken her for another 233000 miles. However, with it being rear-wheel and living in New England, i did have some trouble. I worked 30 min from home, always got to work and anywhere else, but never once in all those years could i make it up the last hill to my house. I only bought the suv for winters, just so i didnt have to walk up that hill after 14 hour waitressing shifts anymore. More than anything, i wish i never sold it.

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Char on November 11, 2018

Bought it in 2001

In 2001 I purchased this car new, it's now 2018 and it still runs great! I always have taken the car to a Lexus dealer. It has low miles 130000 for the age of the vehicle. No rust no dents no chipped paint

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Q. Washington on June 26, 2018

Most Reliable Car I Ever Owned

This car received the TLC that a car of this caliber deserves. This car never caused me stress and you will lucky to own it!

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LexOwnr on January 5, 2012

Best Car Ever

I purchased a 2001 used Lexus GS300 with about 50k miles on it. I purchased it about 7 years ago and I can honestly say it is the best car ever. It is super reliable. I give it the scheduled maintenance and I have not spent a dime on repairs. Gas mileage and ride comfort are great. You cant ask for a better car.

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MzDi on March 23, 2011

Great Car!!

Wonderful car with very little problems. My car is going on 200,000 miles and no major repairs. Would recommend to anyone who wants a Lexus.

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bucsumthin on May 16, 2010

Great car very affordable

I purchased the car 2 years ago and the only major problem i've had was a waterpump. The heatsheild also rattles. I love the car mostly because it's so comfortable even with 20" wheels i can hardly tell if I hit a pothole. The suspention is a little high but I always prefer the luxury over the sport. The real wood nice touch. braking is a little hard because the weight. Handles nice but not as good as my 05 acura Tl. As long as you stay up with the scheduled oil changes and fluids this car will probably drive well into the 200k's. I currently have 134k and it drives better than any other car i've testdriven so I guess i'm keeping my lex. 1 last thing this car is a gas guzzler with the price of premium gas it's very hard to plan a road trip.

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Simon A

Simon is a contributor to VinCheck, where he provides articles and reviews on various automotive topics. His work focuses on delivering accurate and up-to-date information about used cars, helping readers make informed decisions.