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2024 Lexus RZ

Used 2024 Lexus RZ

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2024 Lexus RZ Exterior: 0
2024 Lexus RZ Exterior: 1
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2026
2024
EV Range
220 - 266 miles
Charge Time (240V)
10 - 11 hours
0-60
5 - 7.4 seconds
MPGe
95 - 125 combined mpge
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Calculate Your Annual Fuel Cost Savings

Electric ($0.16/kWh)
vs
Gas ($3.45/gal)
Edit
Fuel Savings
$862
/yr
Actual results will vary according to driving conditions, driving styles, vehicle maintenance. Cost estimates are based on 109MPGe vs 25.4 MPG, the estimated cost per gallon of gasoline of $3.45, and the estimated cost of electricity per kilowatt-hour of $0.16.

2024 Lexus RZ Review

Colin Ryan

Updated January 30, 2025

Colin Ryan specializes in writing about new cars. He has done this for the Los Angeles Times, Variety, Kelley Blue Book, Autotrader, Popular Mechanics, Mazda and Lexus customer magazines, plus a bunch of enthusiast sites and publications. And he spent several years as a staff writer at BBC Top Gear magazine. During this zig-zag of a career trajectory, he has driven everything from budget Malaysian hatchbacks (yes, they exist) to scarily expensive Italian exotica.

Pros

  • Exemplary Lexus quality
  • Great ownership experience
  • Refined driving experience

Cons

  • Range is just OK
  • Charging speeds likewise

What's New?

  • More affordable RZ 300e variant
  • Charging cable now standard

Electric propulsion and exacting Lexus values seem made for each other. The RZ SUV benefits from quiet and energetic drivetrains, while occupants luxuriate in hushed, plush, well-built and well-designed cabins. This is how to build a premium electric SUV. Some rivals have greater ranges and recharge faster, but Lexus has addressed the first aspect with the new 300e, capable of covering 266 miles. Considering most trips rarely exceed half that distance, and owners can charge at home overnight, then living in the real world with any RZ is still going to be a pleasure. We’re also taken by how the RZ drives. Comfortable, of course, yet still with an athleticism ready to respond to a more forceful right foot.

2023 Lexus RZ450e with hills in the background.

We’ve logged hundreds of hours driving and evaluating this generation of electric luxury SUVs, including the Lexus RZ. The test model seen here is a 2023 RZ450e Luxury AWD coated in Ether premium paint (+$500) with a sticker price of $67,090.

 

What's New for 2024

A fresh variant joins last year’s single-model RZ. It’s the front-wheel drive RZ 300e, a more affordable way of getting into a brand-new Lexus electric SUV. Also, every new RZ now comes with a dual-voltage (120V/240V) charging cable as standard. And Copper Crest is a fresh paint choice in regular or two-tone exterior color schemes.

2024 Lexus RZ Pricing

2024 Lexus RZ pricing starts at $32,100 for the RZ 300e Premium Sport Utility 4D, which had a starting MSRP of $55,150 when new. The range-topping 2024 RZ 450e Luxury Sport Utility 4D starts at $33,600 today, originally priced from $65,580.

Original MSRP
KBB Fair Purchase Price (national avg.)
$55,150
$32,100
$59,850
$35,500
$60,880
$33,300
$65,580
$33,600

The Kelley Blue Book Fair Purchase Price for any individual used vehicle can vary greatly according to mileage, condition, location, and other factors. The prices here reflect what buyers are currently paying for used 2024 Lexus RZ models in typical condition when purchasing from a dealership. These prices are updated weekly.

Similar vehicles worth cross-shopping include the Tesla Model Y starting at $44K, the Genesis GV60 from $52K, and the Volvo XC40 Recharge kicking off at $52,450.

Before buying a new Lexus RZ 450e luxury electric SUV, check the Kelley Blue Book Fair Purchase Price to know what you should be paying. We expect the RZ’s resale values to be at least average among luxury electric SUVs, and similar to the ever-popular combustion-driven Lexus RX — just in case anyone was wavering between these two.

Power, Ride, and Handling

In light of the RZ 450e Luxury trim being the most popular variant last year, we’ll assume this 308-horsepower/dual-motor drivetrain will retain its top spot in 2024. Like most of today’s electric vehicles, the RZ 450e is effortlessly quick. With the traction of all-wheel drive, it’ll zip from standstill to 60 mph in a respectable five seconds.

Delivering the same high levels of comfort we expect from a Lexus SUV, we’ve also found the RZ 450e surprisingly responsive, composed, and even engaging around town. Steering and brake feel are both good. We do wish the RZ offered a one-pedal driving mode, though, perhaps further demonstrating how our driving preferences are evolving as more and more of our seat time is spent in electric vehicles.

This year sees the debut of the RZ 300e, with one motor driving just the front wheels to the tune of 201 horsepower. This version takes 7.5 seconds to hit 60 mph — about the same as a regular, combustion-engined Lexus RX SUV.

Range and Charging

The RZ 450e SUV can travel for 220 miles from a full battery. That’s with 18-inch wheels fitted. When the 20-inch wheels are in place, maximum range dips to 196 miles. The best range, though, comes with the new RZ 300e: 266 miles with 18-inch wheels, or 224 miles with 20-inch wheels.

Compare those figures with the cheapest Tesla Model Y, which is rated at 260 miles. Or the equivalent Genesis GV60, with an estimated 294 miles to its credit. The Volvo XC40 Recharge offers up to 293 miles of range.

Charging the lithium-ion battery pack in an RZ takes about half an hour to go from almost empty to 80% on a DC fast charger. This doesn’t qualify it among the fastest-charging EVs. Tesla vehicles and EVs from the Kia/Hyundai/Genesis camp are all quicker. A 240-volt home setup can add around 25 miles of range per hour, with a full replenishment achieved in about 9.5 hours.

Tactile Interior

The interior of the RZ resembles the cabin of just about every other contemporary Lexus. And that’s undoubtedly a good thing, We suspect many will prefer such familiarity, as opposed to some of the more futuristic and austere electric vehicle interiors. We feel the front seats seem set higher than usual, but that’s something we would probably get used to over time.

The top Luxury trim cabin has suede-like seating surfaces. Yet there’s still an eco-friendly angle, with sustainable materials used in their composition. Real wood and real leather don’t feature at all, but we really like the feel of the NuLuxe faux leather wrapped around the steering wheel.

2023 Lexus RZ450e front cabin.

Occupants in both rows will find plenty of space. There’s 37.5 inches of rear legroom, about the same as the GV60 and XC40 Recharge, as well as the Lexus RX. The 2-row Model Y has a few more inches, though. The luggage area behind those seats, however, brings more applause for the RZ, which has nearly 35 cubic feet (several more than the Model Y). The GV60 makes do with 24, while the XC40 Recharge can only muster 16 cubic feet. For comparison, the gas-powered Lexus RX has 29.6.

A couple of cool options for this 5-seater cabin include a panoramic roof with a dimming feature, and radiant heaters that can warm the front section without placing too much of a burden on the battery.

Usual Lexus Exterior, With a Twist

At 189.2 inches long (15.75 feet), the 2024 RZ is 3.5 inches shorter than the midsize RX, 5.5 inches longer than the compact Lexus NX, and with a lower roof than both. The Model Y is virtually the same length; the GV60 is about a foot shorter.

This year sees the RZ gaining Copper Crest paintwork, available as either a solo color or as part of a two-tone scheme with either a choice of whites, silvers, or grays. The larger 20-inch alloy wheels available with the RZ look cool, but keep in mind that they have a noticeable impact on range as well as a detrimental effect on ride quality. Overall, though, the RZ has a recognizable resemblance to other Lexus SUVs, which is just fine by us.

Our Favorite Features and Tech

Infotainment touchscreen
At 14 inches, it’s not the biggest display in the class, but substantial nevertheless. It enables Lexus to keep the rest of the RZ’s cabin tidy by migrating many functions that would have required physical buttons in the past. And a lot can be done through voice commands.

Wireless Apple CarPlay/Android Auto
The entry-level Premium model comes with cable-free phone integration as standard, along with wireless charging, Wi-Fi, and five USB-C ports.

Frequency Reactive Dampers
Deployed for the first time in a Lexus, these are a sophisticated form of shock absorber that provide great handling stability without having to make the typical trade-off where ride quality suffers.

Panoramic View Monitor
This is standard in the RZ 450e, providing a 360-degree view of the surroundings.

Mark Levinson audio
Just like other Lexus models, the RZ offers an optional Mark Levinson audio setup, one of the nicest-sounding in the automotive world. The option here is for a 13-speaker/1,800-watt surround-sound system.

Advanced Park
This optional feature takes care of steering, acceleration, and braking when maneuvering into and out of tricky parking spaces.

Battery and Efficiency

Both versions of the 2024 RZ electric SUV have battery packs with roughly the same amount of energy storage, which is 71.4 kilowatt-hours (kWh). That’s pretty much average for where the technology is at the moment. In combined city and highway driving, the RZ 450e is capable of achieving the equivalent of 107 mpg (MPGe), while the new RZ 300e can manage 125 MPGe combined.

To compare with other maximum energy efficiency figures, the GV60 is rated at 112 MPGe combined, the Model Y at 122 MPGe combined, and the XC40 Recharge at 106 MPGe combined.

2023 Lexus RZ450e with hills in the background.

4-Year/50,000-Mile Warranty

The basic Lexus new-vehicle warranty lasts four years or 50,000 miles, whichever happens first — a typical arrangement among luxury vehicles. Powertrains are covered for six years or 70,000 miles, which is better than most European competitors. An 8-year/100,000-mile warranty applies to the RZ’s battery.

Safety Ratings

The RZ has been awarded the highest accolade of Top Safety Pick+ by the Insurance Institute for Highway Safety (IIHS). A comprehensive array of safety technology is standard equipment in the RZ.


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New Lexus RZ Deals and Incentives

APR

0% APR | 72 months

Get 0% for 72 months on a new 2026 RZ 450e AWD.

See more details

End Date: 03/02/2026
CASH

$5000 Total Cash

Get $5,000 lexus cash on a new 2026 RZ 450e AWD.

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End Date: 03/02/2026
LEASE

$469 /mo | 42 months | Due at Signing

Lease a new 2026 RZ 350e PREMIUM for $469 a month for 42 months with $4,999 due at signing.

See more details

End Date: 03/02/2026
CONDITIONAL

$1000 Total Cash

Get $1,000 Rebate on a new 2026 RZ.

See more details

End Date: 03/02/2026
See All Current RZ Deals

2024 Lexus RZ
KBB.com Consumer Reviews

4.0
Consumer Rating
Based on 4 Consumer Reviews
Write a Review
75%Recommend this vehicle
4
0%
4
0%
3
0%
3
0%
2
0%
2
0%
Value
3.8
Performance
4.0
Quality
4.8
Comfort
4.7
Reliability
4.0
Styling
4.8

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2024 Lexus RZ Styles

Style
Price
EV Range
Charge Time
0-60
Combined MPGe
Horsepower
Cargo Capacity
Curb Weight
300e Premium Sport Utility 4D
$32,100
220 - 266 miles
11 hours
7.4 seconds
220 - 266 MPGe
201 hp
34.9 cu ft
4277 lbs
300e Luxury Sport Utility 4D
$33,300
220 - 266 miles
11 hours
7.4 seconds
220 - 266 MPGe
201 hp
34.9 cu ft
4332 lbs
450e Luxury Sport Utility 4D
$33,600
220 - 266 miles
10 hours
5 seconds
220 - 266 MPGe
308 hp
34.9 cu ft
4619 lbs
450e Premium Sport Utility 4D
$35,500
220 - 266 miles
10 hours
5 seconds
220 - 266 MPGe
308 hp
34.9 cu ft
4564 lbs
See Full Specs for All 2024 Lexus RZ Styles
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2024 Lexus RZ Depreciation

A 2024 Lexus RZ has depreciated $25,550 or 46% in the last 2 years and has a current resale value of $29,600 and trade-in value of $26,200.

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2024 Lexus RZ
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2024 Lexus RZ Annual Depreciation

Year
Vehicle Depreciation*
Resale Value
Trade-In Value
2024
-
$55,150
$55,150
2025
$18,253
$36,897
$33,252
Now
$7,297
$29,600
$26,200
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2-Year Forecasted Depreciation

*Depreciation for the last 12 months of the private party resale value.

2024 Lexus RZ Depreciation

Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.


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Specifications

Dimensions, Weights & Capacities

Curb Weight
4277 lbs.
Front Head Room
39.9 inches
Front Leg Room
42.1 inches
Max Seating Capacity
5
Overall Length
189.2 inches
Front Shoulder Room
56.9 inches
Trunk or Cargo Capacity
34.9 cu.ft.
Turning Diameter
36.8 feet
Wheel Base
112.2 inches

Exterior

Alloy Wheels
Available
Moon Roof/Sun Roof
Available
Number of Doors
4 doors
Panorama Moon Roof
Available
LED Headlights
Available
Rear Spoiler
Available

Fuel Economy

City
137 MPGe
Combined
125 MPGe
Highway
112 MPGe

Mechanical

Drivetrain
FWD
1 speed
Available
Parking Assist System
Available

Performance

Horsepower
201 hp
Torque
196 foot pounds
Engine
Electric Motor
Estimated Electric Range
266 miles
Charge Time (240V)
11 hours
Battery Capacity
N/A
0 to 60
7.4 seconds

Warranty

Basic
4 years / 50000 miles
Powertrain
6 years / 70000 miles
Corrosion
6 years / Unlimited miles

Comfort & Convenience

  • Heated Steering Wheel
  • Interior Ambient Lighting

Entertainment

  • Premium Radio
  • Satellite Radio
  • Bluetooth Streaming Audio

Interior

  • Tilt Steering Wheel
  • Tilt/Telescoping Steering Wheel

Seating

  • Heated Seats
  • Dual Power Front Seats
  • Power Driver's Seat

Technology

  • Bluetooth Wireless Technology
  • Cruise Control
  • Hands Free Phone
  • Navigation System
  • Remote Keyless Entry
  • Internet Access
  • Proximity Sensing Keyless Entry
  • Push-Button Engine Start
  • Smartphone Interface
  • Touch Screen Monitor
  • Voice Recognition System

2024 Lexus RZ Safety

Safety Features & Technology

2023 features shown. 2024 may differ.

Lexus Safety System+ 3.0

This set of driver assistance features is standard in every new RZ 450e electric SUV. It includes forward collision warning with automatic emergency braking and pedestrian detection, intersection assistance, and lane-departure alert.

Dynamic Radar Cruise Control (DRCC)

Also part of the standard array, the RZ 450e’s adaptive cruise control works at full speed right down to a halt, maintaining a safe distance to the vehicle in front and resuming the preset speed when conditions allow.

Emergency Driving Stop System (EDSS)

This optional feature will set off the flashing hazard lights and bring the 2023 RZ 450e gently to a complete stop — in the lane — if sensors determine that the driver is no longer able to operate the vehicle. EDSS becomes active when the Lane Trace Assist function is deployed.

Not Available

Crash Test Rating

Provided by the National Highway Traffic Safety Administration
Frontal Crash
5.0
Side Barrier
5.0
Side Crash
5.0

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See Details
Price
$32,100
$29,100
$31,600
$33,700
KBB.com Rating
4.1
4.5
4.5
4.5
Consumer Rating
4.0
3.7
3.0
4.0
Fuel Economy
City 137/Hwy 112/Comb 125 MPGe
City 97/Hwy 87/Comb 93 MPGe
City 100/Hwy 89/Comb 95 MPGe
City 106/Hwy 91/Comb 99 MPGe
Fuel Type
ElectricLeafIcon
N/A
N/A
N/A
Estimated EV Range
266 miles
236 miles
242 miles
257 miles
Safety Rating
N/A
5.0
5.0
N/A
Seating Capacity5555
Basic Warranty
4 years or 50000 miles
4 years or 50000 miles
4 years or 50000 miles
4 years or 50000 miles
0-60
7.4 seconds
5.8 seconds
5.8 seconds
4.5 seconds
Horsepower
201 HP
295 HP
295 HP
402 HP
Engine
Electric Motor
Dual AC Electric Motors
Dual AC Electric Motors
Dual Electric Motors
Drivetrain
FWD
AWD
AWD
AWD

2024 Lexus RZ Rankings

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FAQs

Is the 2024 Lexus RZ a good vehicle?

Yes, the 2024 Lexus RZ is a good car. Its Kelley Blue Book rating of 4.1 out of 5 is within 10% of our average rating.

How much should a 2024 Lexus RZ cost?

Used 2024 Lexus RZ prices currently range from $32,100 for the 300e Premium Sport Utility 4D to $35,500 for the 450e Premium Sport Utility 4D when purchasing from a dealership, depending on a range of factors like equipment, mileage, and condition.

What's the cheapest Lexus RZ?

The cheapest 2024 Lexus RZ is the 300e Premium Sport Utility 4D, with a Kelley Blue Book Fair Purchase Price of $32,100.

Is the 2024 Lexus RZ reliable?

The 2024 Lexus RZ is part of the 1st-generation RZ, which our owners give an above-average reliability rating of 4 out of 5.

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