It is made in much fewer numbers and attention to detail in both design and construction is extreme compared to other models. Better parts and components are used and this is largely why it costs so much more.
I think Toyota makes around 100k 100 series per year worldwide when they were selling at peak...Part of the price premium is with electronics, components and materials used. Compared 55k Sequoia and a 70k Land Cruiser and differences are quite apparant with most new tech installed on the 200 series.
For one the HVAC/radio/4zone/Nav system are all integrated into one unit that relies on each other. The 200 series is now using the first application of the latest TEMS..The Sequoia uses the previous 100 series TEMS application.
Things like pre crash systems, push button, 4 zone, 10 airbags, night vision (100 series) are all exclusive to the Land Cruiser.
Now with Lexus trying to really push technology..things like fancy wood, cameras on the mirror and grill, power rear tailgate lift all contribute to the premium price.
When the first 100 series hit the market...Toyota introduced eltrolum gauges, TEMS, full powered passenger seats.
One of the things that bothers me about the 4Runner/GX470 is that they have curb weights that are similiar to the 80 series, but have a Hilux chassis/suspension/steering components. This makes me question just how much these vehicles can be overloaded for extreme use
And this is where I believe Toyota has caught up with the design and technology of the components that make up the 120 series models.
A V8 4wd 100 series Land Cruiser can haul up to around 1500 lbs, tow caps at 6500 lbs, and has brakes that don't exceed 12.8 inches.
A V8 4wd 120 platform 4runner can haul the same 1500 lbs, tow caps at 7000 lbs, and has larger rotors than the 100 series.
Now compare the 4runner to the new 200 series Land Cruiser and 200 series out performs the 4runner is almost every measure.
but have a Hilux chassis/suspension/steering components.
I think it they are fine...there are Hilux models available that can haul payload up to 2900lbs...