- The 2024 Lexus TX350 starts at $55,050, and the TX500h hybrid starts at $69,350.
- The TX550h+ plug-in hybrid will likely be even more expensive.
- Lexus says the TX350 and TX500h are on sale now and the plug-in hybrid will arrive in early 2024.
Lexus has announced ambitious pricing for the new 2024 TX, as the three-row SUV will start at $55,000 for the TX350 and ranges up to over $76,000 for a loaded TX500h F Sport Performance hybrid model. That’s considerably more than the previous RX L, and thousands more than the starting prices of rival mid-size luxury SUVs such as the Infiniti QX60 and Cadillac XT6. We don’t even yet know pricing for the eventual TX550h+ plug-in hybrid, but that might top $80,000 given that it’s the most powerful version in the lineup.
The front-wheel-drive TX350 model, which has a 275-hp turbocharged 2.4-liter inline-four, carries a base price of $55,050 and gets more expensive as you opt for the better-equipped Premium ($58,450) and Luxury ($60,950) trim levels. All-wheel drive costs $1600 extra.
Pony up to the $69,350 TX500h and you get standard all-wheel drive thanks to a hybrid setup that includes the same turbocharged 2.4-liter inline-four plus electric motors. It produces 366 horsepower in total and essentially the same setup found in the related Toyota Grand Highlander Hybrid Max. The TX500h comes standard with F Sport Performance upgrades including adaptive dampers and several appearance tweaks. It also offers a more expensive trim level with extra kit, the $72,650 TX500h F Sport Performance Luxury (say that two times fast).
Lexus says the TX350 and TX500h models are reaching dealerships already, while the TX550h+ will go on sale in early 2024. Pricing for that model will be announced later on.
Senior Editor
Despite being raised on a steady diet of base-model Hondas and Toyotas—or perhaps because of it—Joey Capparella nonetheless cultivated an obsession for the automotive industry throughout his childhood in Nashville, Tennessee. He found a way to write about cars for the school newspaper during his college years at Rice University, which eventually led him to move to Ann Arbor, Michigan, for his first professional auto-writing gig at Automobile Magazine. He has been part of the Car and Driver team since 2016 and now lives in New York City.