I just experienced the Rx300 transmission failure this week, and am now waiting for the bad news from the Lexus dealership on how much this will cost me to repair. We wound up on the side of I-70 near Colby Kansas, and had to have the car towed back to Denver since there were no qualified dealerships anywhere close to where we broke down. I was not aware of this problem with the car - we have had no issues at all since we bought it in 2000 (new). We have had the car serviced at Lexus dealerships, following the schedule religiously. In fact, I just had the car in two days before the failure for the 95K service.
I was amazed to find out that Lexus designed such a cheesy transmission - the only tran I have ever replaced was in my first car, a 64 Dodge Polara! I would have hoped that a so-called luxury car would do better, since I have had Volvo's last for 200K+ without having to replace the transmission. I mentioned this forum to the dealer when I picked up a loaner car, and he immediately went into denial mode. I intend to go in armed with cases from this site, as well as the complaints already filed with the NHTSA and see what happens.
Has anyone considered filing a class action suit against Lexus. This is absolutely criminal - they are lucky that there have not been any accidents or injuries reported yet.
I would love to join a class action suit. My 99 RX tranny failed around 80K.