Sold in the US in the '70s, '80s, and early '90s, the Mark II/Mark X has become an institution in its native Japan.

Toyota is waving goodbye to a nameplate they've had for over fifty years – and there's a good chance you've never heard of it. At the end of this year, Toyota will discontinue its Mark X model, according to its Japanese press site.

The Mark X started out in 1968 as the Mark II, with a name change to Mark X in 2004. While the name has changed, the basic principle of the car hasn't. It has always been a luxurious rear wheel drive saloon with good performance for its class.

Think of it as something like a Japanese BMW – or a Lexus. In Japan, it's positioned as an alternative to the Toyota Camry aimed at buyers who prefer a rear wheel drive car, with the option of an all-wheel drive.

While this may be seen as the end of an era, Toyota is perhaps more committed to rear-wheel drive than ever. Their ever-expanding sports car lineup will soon include three rear-wheel drive models.

Gallery: Toyota Mark II 250S Final Edition

Starting in 1969, the car was sold in the United States as the Corona. When the body style changed a second time in 1977, so did the name – it became the Cressida, and was subsequently sold here until 1992. Both cars have a dedicated fanbase among fans of nostalgic Japanese cars in the United States.

To mark the end of an era, Toyota will sell a limited edition Mark X 250S Final Edition in Japan. The Final Edition will come equipped with 18-inch aluminum wheels, dark chrome-plated front bumper trim, and a red and black interior finished in alcantara and leather.

The Mark X 250S Final Edition will come in three colours: White Pearl Crystal Shine, Silver Metallic, and Precious Black Pearl. The Final Edition is available in both rear wheel drive and all-wheel-drive versions.