It seems like the Lexus LFA has been around forever. In reality, the first concept version was unveiled at the Detroit Auto Show in 2005, but that's a long time in the automotive world. Additional concepts followed in 2007 and 2008, and the on-off rumors of a production version haven't help. Nevertheless, the production version of the Lexus LFA is finally here at the Tokyo Motor Show, and it is glorious. All of which makes it harder to stomach that the car shown here isn't expected to reach customer garages until early 2011.

The specifications of the new rear-drive Lexus supercar are impressive enough: a 4.8-liter V10 with 560 ps (552 bhp), 354 lb-ft torque, a zingy 9,000 rpm redline, six-speed sequential gearbox, 0-62 mph in 3.7 seconds, and a top speed of 202 mph. It looks amazing too, both in pictures and in person.

Of course, we can't help but make comparisons to the current reigning Japanese supercar, the Nissan GT-R. At just 3,263 pounds, the LFA easily has a better power-to-weight ratio, but that hasn't seemed to stop the all-wheel drive juggernaut before. Then there is the small matter of cost to consider. Unlike the GT-R, which is considered a performance bargain, the LFA will be exclusive – and costly. Only 500 units will be produced at a cost of...drum roll please....$375,000. Despite the colossal price tag, we hear that Lexus expects to take a loss on each one.

Will the LFA be worth the high cost? We should be able to tell you soon, as Autoblog will be getting some time behind the wheel of a prototype later this week. Until then, you can check out some amazing video of the LFA after the jump and live photos.

Read More:

- View All Lexus Models
- View Sports Cars
- Tokyo Auto Show coverage



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