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.

The Lexus Sport Yacht Concept was first shown in January 2017, and the brand has finally delivered on making the LY 650 a reality.

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.

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.

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