Since its inception, the Lexus luxury division has been steadfast and relentless in its pursuit of, well, perfection. A challenging benchmark to be sure, but one the brand has been exceedingly successful at meeting with home run after home run. The original first-generation LS 400 was a smash hit that quickly rose to the head of the luxury sedan class with a large and loyal owner base and a slew of industry awards.

For the mid-'90s second-generation makeover, Lexus was wise enough to leave well enough alone and not fix what wasn't broken. So when a third-generation redesign was slated for 2001, exactly how would Lexus better its top-rated sedan in the premium luxury segment? The answer was to swing for the fences yet again with more of everything: design edginess, interior room and comfort, performance, safety and technology.

The resulting Lexus LS 430 was one of the finest luxury sedans available anywhere. A two-time winner of an Edmunds.com Editors' Most Wanted award, the LS 430 boasted a top-notch interior, a superb ride, excellent build quality and an impressive array of features. The only thing that gave shoppers pause at the time was the car's price. Loaded with options, this was the first LS-series car to finally reach the price levels of premium European luxury sedans.

With price depreciation having set in, that's less of an issue now. As a previously owned model, the Lexus LS 430 provides the same exceptional luxury sedan experience as it did when it was new. For shoppers in this segment, especially ones wanting a luxury sedan that's a bit more demure than its German rivals, the LS 430 is an excellent choice.

• Most Recent Lexus LS 430