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2023 Lexus RZ Overview, Reviews, Ratings & Specs

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Eugene S | March 31, 2025
The 2023 Lexus RZ 450e marks Lexus' entry into the dedicated electric SUV market. It's a sleek, five-door crossover SUV. The 2023 model year is its inaugural year. Key trims include the Premium and Luxury. The pricing range starts around $60,000. What makes it stand out is its luxurious interior, refined driving experience, and commitment to Lexus' reputation for reliability, all within a fully electric package. It's popular with those seeking a premium EV experience.
The Good

The 2023 Lexus RZ 450e boasts a smooth and responsive electric performance. Lexus reliability is a major draw. The comfortable, well-appointed interior and striking design appeal emotionally. Practically, it offers efficient electric driving, potentially lower running costs, and Lexus build quality, making it a strong value proposition for EV buyers.

The Bad

The 2023 Lexus RZ 450e's weaknesses include a limited driving range compared to some competitors. The rear cargo space is also smaller than some other SUVs. The somewhat unconventional steering yoke option might not appeal to all drivers. Watch out for potential software glitches common in new EV models. Charging infrastructure dependency is also a consideration.

2023 Lexus RZ: Quick Overview

  • Engine Options: Dual electric motors (one on each axle) providing all-wheel drive.
  • Horsepower: Total system output of 308 horsepower.
  • Fuel Economy: EPA-estimated combined MPGe (miles per gallon equivalent) is around 102 MPGe. All electric vehicle, so actual MPG not applicable.
  • 0-60 Times: Approximately 5.0 seconds.
  • Towing Capacity: Not recommended or rated for towing.
  • Trim-Level Features:
    • Premium:
      • 14-inch touchscreen infotainment system
      • Wireless Apple CarPlay and Android Auto
      • Lexus Safety System+ 3.0 (pre-collision system, lane departure alert, adaptive cruise control)
      • Panoramic sunroof
      • Heated front seats
      • Power liftgate
    • Luxury: (adds to or replaces Premium features)
      • Ultrasuede interior trim
      • Mark Levinson premium sound system
      • Advanced Park system
      • Heated rear seats
      • Head-up display
      • Digital Key

2023 Lexus RZ Specifications

Vehicle Information
Year 2023
Make Lexus
Model RZ
Trim -
Style -
Type Sport Utility Vehicle
Category Standard Sport Utility Vehicle
Manufacturing Details
Made In Japan
Manufacturing City MOTOMACHI
Dimensions
Doors 5-Door
Curb Weight -
Gross Vehicle Weight Rating 6000 pounds
Overall Height -
Overall Length -
Overall Width -
Wheelbase Length -
Standard Seating -
Engine & Performance
Engine Electric
Engine Size -
Engine Cylinders -
Transmission 1-Speed Automatic
Transmission Type Automatic
Transmission Speeds 1-Speed
Drivetrain Four-Wheel Drive
Additional Features
Anti-Brake System Standard
Steering Type -
Pricing
Manufacturer Suggested Retail Price (MSRP) -
Invoice Price -
Delivery Charges -

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What Problems Does the 2023 Lexus RZ Have?

As the 2023 Lexus RZ 450e is a relatively new model, comprehensive long-term reliability data is still emerging. However, some early adopters have reported issues commonly associated with new EV models, such as software glitches related to the infotainment system and charging inconsistencies. Specific reported problems include occasional connectivity issues with wireless smartphone integration and minor bugs within the navigation system.

Recalls, if any, would be available through the NHTSA (National Highway Traffic Safety Administration) website. It is crucial to check for any active recalls related to battery management systems, safety features (Lexus Safety System+), or other critical components.

Long-term reliability hinges on the battery pack's performance and degradation over time. Lexus has a generally strong reputation for reliability, which should translate to the RZ 450e, but it's crucial to monitor owner forums and reviews for emerging trends regarding battery health and any potential issues with the electric drivetrain or other components unique to the EV platform. Regular maintenance and adherence to Lexus' recommended service schedule are vital for ensuring long-term reliability and preserving battery life.

How long will the 2023 Lexus RZ last?

Estimating long-term mileage and service life for the 2023 Lexus RZ 450e is speculative due to its recent release. However, based on Lexus' reputation for durability, owners can reasonably expect 150,000 to 200,000 miles or 10-15 years of service with proper maintenance. Long-term durability will largely depend on battery health. Potential weaknesses could emerge in the battery management system, charging infrastructure components, or the electric motors themselves. Regular software updates and proactive maintenance will be crucial to maximizing the vehicle's lifespan and performance.

What Technology & Safety Features are Included?

The 2023 Lexus RZ 450e is packed with technology. The centerpiece is a 14-inch touchscreen infotainment system with wireless Apple CarPlay and Android Auto. Entertainment features include available Mark Levinson premium audio. Standard driver-assistance features are part of Lexus Safety System+ 3.0, including: pre-collision system with pedestrian detection, lane departure alert with steering assist, adaptive cruise control, lane tracing assist, and road sign assist. Optional features include a head-up display and Advanced Park, which automates parking maneuvers. The digital key allows starting and locking/unlocking the car with a smartphone.

Safety features include a comprehensive suite of airbags, stability control, and anti-lock brakes. The RZ also features blind-spot monitoring with rear cross-traffic alert. Crash-test ratings from NHTSA (National Highway Traffic Safety Administration) and IIHS (Insurance Institute for Highway Safety) were not yet available at the time of its release. These ratings will be crucial for assessing its overall safety performance when they become available.

What Colors Options are Available?

Exterior Colors
Caviar
Cloudburst Gray
Iridium
Eminent White Pearl
Thunderstorm
Azure
Copper Crest
Interior Colors
Ether
Dapple Gray/Black
Palomino/Black
Black

2023 Lexus RZ Prices and Market Value

The 2023 Lexus RZ 450e had a starting MSRP around $60,000. Used market prices are still developing due to its recent introduction. Expect a moderate initial depreciation, typical for luxury EVs. Factors affecting resale value include battery health, mileage, condition, and the availability of federal and state tax incentives for new EV buyers. Demand for used EVs and overall market conditions will also play a significant role. Models with desirable options, like the Mark Levinson sound system or Advanced Park, may command a higher resale value.

2023 Lexus RZ Cost of Ownership

Insurance costs for the 2023 Lexus RZ 450e are likely to be moderate to high, reflecting its luxury status and EV technology. Fuel costs will be significantly lower compared to gasoline vehicles. Maintenance costs may be lower initially due to fewer moving parts in an EV, but battery replacements can be expensive. Repair costs could be high due to specialized EV components. Overall, the RZ 450e is likely to be moderately costly to own, primarily due to insurance and potential repair expenses. Long-term cost depends heavily on battery lifespan.

2023 Lexus RZ Fuel Efficiency

Fuel Type Electric
Fuel Capacity -
City Mileage 102 miles/gallon
Highway Mileage 87 miles/gallon

2023 Lexus RZ Safety Rating

NHTSA
Overall Rating
Overall Frontal Star Rating
Side Overall Star Rating
Overall Rollover Star Rating
Combined Front Seat Rating
Combined Rear Seat Rating
Overall Frontal Star Rating
Frontal Barrier Star Ratings Not Tested
Overall Side Star Rating
Side Barrier Star Ratings
Side Pole Star Rating
Combined Side Barrier And Side Pole Star Ratings Not Tested
Rollover Resistance Star Rating

2023 Lexus RZ Insurance

Insurance for a 2023 Lexus RZ is moderately priced, reflecting its status as a Sport Utility Vehicle with strong safety ratings and
reasonable repair costs.

How Does the 2023 Lexus RZ Compare to Other Sport Utility Vehicle?

The 2023 Lexus RZ 450e competes with other luxury electric SUVs like the Tesla Model Y, Cadillac LYRIQ, and Genesis GV60. In terms of performance, the Model Y offers quicker acceleration, while the RZ focuses on a smoother, more refined driving experience. Feature-wise, the RZ is well-equipped but might lack some of the cutting-edge tech found in the Tesla. Reliability is a Lexus strength, potentially giving it an edge over some rivals. Price-wise, it's competitive within its class. The Cadillac LYRIQ offers a similar luxury experience at a slightly lower price point. The Genesis GV60 provides strong performance and a stylish design.

Alternatives depend on priorities. If range and charging speed are paramount, the Tesla Model Y is a strong contender. For a focus on value and similar luxury, the Cadillac LYRIQ is worth considering. If sporty performance and unique styling are desired, the Genesis GV60 is a good alternative. The RZ 450e excels in delivering a refined Lexus experience in an electric package.

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Final Verdict: Is the 2023 Lexus RZ a Good Sport Utility Vehicle?

The 2023 Lexus RZ 450e is ideal for buyers seeking a luxurious and comfortable electric SUV with the reliability Lexus is known for. It's a good choice for those who prioritize a smooth ride and a well-appointed interior over outright performance or maximum range. Whether it's worth buying depends on individual needs and priorities. Buying new allows access to potential tax incentives and the latest technology. Used models, once available, might offer better value if depreciation is significant. The Luxury trim offers more premium features, but the Premium trim provides a good balance of features at a lower price. Consider the RZ if you value the Lexus brand and are comfortable with its range limitations.

2023 Lexus RZ Owner Reviews

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Eugene S

Eugene is an automotive enthusiast with over 15 years of experience in the used car market. As a writer at VINCheck.info, he brings deep industry insight and a passion for cars, helping readers make smart, informed decisions. Eugene has written hundreds of used car reviews and is known for breaking down complex automotive topics into clear, actionable advice. Over the years, he has driven and worked on a wide range of vehiclesβ€”starting with tuning street cars in his early days and eventually focusing on performance upgrades and reliability improvements. Today, he specializes in evaluating used vehicles through the lens of real-world ownership and enthusiast needs. A longtime fan of Porsche, Eugene especially appreciates vehicles that blend durability with driving enjoyment.