You might have been unlucky. I've seen a number of Mk 3 LS ads in Autotrader around Manchester where traction control has been inclued as a feature. Maybe traction control was available as an option and the one you bought did not have it fitted. Here's a current ad from a garage in Stockport to illustrate my point.
1996 N Reg LEXUS LS 4.0 V8
4 Doors, Automatic, Saloon, Petrol, 72,000 miles, Metallic Silver. ABS, Adjustable steering column/wheel, Air conditioning, Alloy wheels, Central locking, Climate control, Computer, Cruise control, Driver airbag, Electric mirrors, Electric windows, Electric sunroof, Electrically adjustable seats, Head restraints, Headlight washers, Heated seats, Immobiliser, Lumbar support, Passenger airbag, Power assisted steering, Remote locking, Radio/CD Multichanger, Side airbags, Rear headrests, Traction control, Leather upholstery. This car is a superb example and is complete with full lexus service history £7,695.
Motorhouse Performance Cars
Dealer's Website Dealer's Location
Tel: 0161 4845440