I have heard that this problem is quite common with the early LS400. I have a 91 LS400 and it appears that after the TRAC system works a couple of times the TRAC disengages and the light continues to stay on, along with the CHECK ENGINE light. The two appear together, but after a while the the CHECK ENGINE light disappears, and the TRAC is the only one on.
Now if I turn off and restart the car, the lights disappear ... Any thoughts?
Thanks for reading..