2024 Lexus RX 500h Overview, Reviews, Ratings & Specs

The Good

The 2024 Lexus RX 500h offers compelling advantages, blending exhilarating F Sport Performance with Lexus's legendary reliability and refined comfort. Its potent hybrid powertrain provides strong acceleration and respectable efficiency for practical buyers, while its aggressive design and luxurious interior appeal to emotional desires. Excellent build quality, advanced safety features, and strong resale value further cement its appeal as a premium, well-rounded SUV.

The Bad

While excellent, the 2024 RX 500h does have some considerations. Its F Sport Performance suspension, while sporty, might be too firm for those seeking maximum plushness. The infotainment system, though large, can have a learning curve. Moreover, it's a standard hybrid, not a plug-in, and its premium price point positions it at the higher end of the segment.

2024 Lexus RX 500h: Quick Overview

The 2024 Lexus RX 500h, offered exclusively in the F Sport Performance trim, boasts impressive specifications designed for exhilarating driving and premium comfort:

• Engine: It features a sophisticated hybrid powertrain combining a 2.4-liter turbocharged inline-4 engine with an electric motor on each axle (Lexus Hybrid Electric Drive with DIRECT4 all-wheel drive).
• Horsepower: The total system output is a robust 366 horsepower.
• Torque: It delivers 406 lb-ft of torque, providing strong acceleration.
• Transmission: Power is managed by a 6-speed automatic transmission.
• Fuel Economy: EPA-estimated at 27 MPG combined (27 MPG city/27 MPG highway), offering impressive efficiency for its performance class.
• 0-60 MPH: The RX 500h can accelerate from 0 to 60 mph in a swift 5.9 seconds.
• Towing Capacity: When properly equipped, it has a towing capacity of up to 3,500 pounds.
• Key Trim-Level Features (F Sport Performance):
  • Distinctive 21-inch alloy wheels with a matte black finish and unique F Sport styling cues, including a more aggressive front fascia and grille.
  • Performance-tuned Adaptive Variable Suspension (AVS) and upgraded six-piston front brake calipers for enhanced handling and stopping power.
  • An interior focused on driver engagement, featuring an F Sport steering wheel, aluminum pedals, and deeply bolstered sport seats.
  • Advanced technology includes a standard 14-inch Lexus Interface touchscreen with Cloud Navigation, wireless Apple CarPlay
    and Android Auto, and a Head-Up Display.
  • Comprehensive Lexus Safety System+ 3.0 suite for advanced driver assistance.
  • Comfort and convenience features like heated and ventilated front seats, multi-color ambient interior lighting, and a Panoramic View Monitor.
  • Additional capabilities such as Traffic Jam Assist and Digital Key functionality.
  • Optional upgrades include a premium 21-speaker Mark Levinson audio system and a panoramic glass roof.

2024 Lexus RX 500h Specifications

Vehicle History Report

What Problems Does the 2024 Lexus RX 500h Have?

As a relatively new addition to the Lexus lineup, with the fifth-generation RX debuting for the 2023 model year, the 2024 Lexus RX 500h has limited long-term owner data on frequently reported problems. However, based on initial ownership experiences and the broader fifth-generation RX platform, some themes emerge.

Common Observations for the 5th Gen RX (including 2023+ models):

• Infotainment System Quirks: Early adopters of the new Lexus Interface infotainment system have occasionally reported minor software glitches or a learning curve due to its extensive features. These are typically resolved with over-the-air updates or dealership intervention.
• Wind Noise: A subjective point, but some owners have mentioned minor wind noise at highway speeds, which isn't uncommon for SUVs with large mirrors.
• Rear Visibility: The sleek design can slightly compromise rearward visibility, often mitigated by the excellent rearview camera and available digital rearview mirror.

Recalls: For the 2023-2024 model years of the Lexus RX, there have been a few minor recalls, generally not specific to the 500h variant, that were quickly addressed by Lexus. Examples include recalls for incorrect owner's manual information or minor compliance issues (e.g., related to head restraints). Owners should always check the NHTSA website for the most up-to-date recall information specific to their VIN.

Long-Term Reliability Concerns: Lexus vehicles are renowned for their exceptional long-term reliability, and the RX 500h is expected to uphold this reputation. While the combination of a turbocharged engine with the hybrid system is relatively new for this specific RX variant, both technologies are well-established within Toyota's portfolio. The hybrid components, including the battery and electric motors, are backed by extensive warranties and a proven track record. As with any first few model years of a new generation, monitoring for any emergent issues is wise, but overall, the RX 500h is anticipated to be a highly dependable vehicle over many years of service.

How long will the 2024 Lexus RX 500h last?

The 2024 Lexus RX 500h is built upon Lexus's sterling reputation for longevity and durability. With diligent maintenance habits, owners can realistically expect the RX 500h to achieve average mileage well over 200,000 miles, with many reaching 250,000 to 300,000 miles or more. This translates to 15 to 20 years of reliable service for the average driver.

Long-term durability is a significant strength. The hybrid powertrain, combining a turbocharged engine with Toyota's proven electric motor technology, is designed for enduring performance. Interiors typically withstand years of use with minimal wear, and electrical systems are generally robust. Key to maximizing its lifespan are adherence to the factory's recommended maintenance schedule, including regular oil changes, tire rotations, and hybrid system checks. Over extended periods, typical wear items like suspension components, brake pads, and eventually the hybrid battery (though often warrantied for 8-10 years/100,000-150,000 miles) will require attention, but these are standard for any vehicle. Major weaknesses are not commonly associated with Lexus vehicles over time, making the RX 500h a sound long-term investment.

What Technology & Safety Features are Included?

The 2024 Lexus RX 500h is packed with advanced built-in technology, comprehensive entertainment options, and a robust suite of driver-assistance and safety features, ensuring a connected, enjoyable, and secure driving experience.

Built-in Tech & Entertainment:

• The centerpiece is the standard 14-inch Lexus Interface touchscreen, offering intuitive control and stunning graphics. It includes Cloud Navigation, a "Hey Lexus" intelligent assistant, and seamless wireless Apple CarPlay and Android Auto integration.
• Connectivity is further enhanced with a 4G Wi-Fi hotspot, multiple USB-A and USB-C ports, and a wireless charging pad.
• Digital Key capability allows a smartphone to act as the vehicle key.
• Audio enjoyment is elevated by the standard premium audio system, with an available audiophile-grade 21-speaker Mark Levinson Surround Sound system as an enticing option.
• A Head-Up Display, standard on the 500h, projects key information onto the windshield, minimizing driver distraction.

Driver-Assistance & Safety Features:

• The RX 500h comes standard with Lexus Safety System+ 3.0, an extensive suite of active safety technologies. This includes a Pre-Collision System with Pedestrian Detection, Intersection Support, and Motorcycle Detection, significantly enhancing accident prevention.
• All-Speed Dynamic Radar Cruise Control with Curve Speed Management maintains a safe following distance and adjusts speed for curves.
• Lane Departure Alert with Steering Assist and Lane Tracing Assist help keep the vehicle centered in its lane.
• Other features include Road Sign Assist, Intelligent High Beams, and Proactive Driving Assist, which provides subtle braking and steering support.
• Standard safety includes a Blind Spot Monitor with Rear Cross-Traffic Alert, Safe Exit Assist to prevent door openings into approaching traffic, and a Panoramic View Monitor for a 360-degree bird's-eye view.
• Optional features include Advanced Park for hands-free parking and Traffic Jam Assist, which helps with hands-on driving in congested traffic (subscription required after trial).

Crash-Test Ratings:

• While specific 2024 RX 500h ratings may not be isolated, the 2023 Lexus RX, which shares the same platform and safety architecture, received top marks.
• The Insurance Institute for Highway Safety (IIHS) awarded the 2023 RX a "Top Safety Pick+" designation, its highest honor, with "Good" ratings in all crashworthiness tests.
• The National Highway Traffic Safety Administration (NHTSA) granted the 2023 RX an an overall 5-star safety rating, indicating superior protection in various crash scenarios. These ratings affirm the RX 500h's strong structural integrity and comprehensive safety measures.

What Colors Options are Available?

2024 Lexus RX 500h Prices and Market Value

The 2024 Lexus RX 500h, offered in its sole F Sport Performance trim, commands a new vehicle MSRP starting around $63,000 to $64,000 USD. Given its recent introduction (as part of the 2023 model year fifth-generation RX), current used market prices for early 2023 models are still very close to their original MSRP, typically seeing only a modest depreciation of 5-10%. For instance, a well-maintained 2023 RX 500h might currently fetch prices in the upper $50,000s to low $60,000s, depending on mileage and options. Dedicated 2024 models are too new for a significant used market presence.

Lexus vehicles, and especially their hybrids, are renowned for their exceptional depreciation resistance, consistently outperforming many luxury competitors. The RX 500h is expected to follow this trend, retaining its value strongly over time. Factors bolstering its resale value include Lexus's stellar reputation for reliability, the efficiency and performance of its hybrid powertrain, the enduring popularity of luxury SUVs, and its F Sport Performance trim's desirability. Meticulous maintenance records, low mileage, and the presence of premium optional features will further enhance its value in the used market.

2024 Lexus RX 500h Cost of Ownership

Long-term ownership of the 2024 Lexus RX 500h presents a balanced cost profile for a luxury performance SUV. Insurance premiums will be higher than average due to its luxury status, performance capabilities, and higher MSRP, though competitive within its segment. Fuel costs are mitigated by its hybrid efficiency (27 MPG combined), but it does require premium gasoline for its turbocharged engine. Maintenance costs are generally moderate for a luxury vehicle; Lexus is known for more reasonable service expenses compared to European rivals. Repair frequency is anticipated to be very low, a hallmark of Lexus reliability, though individual part costs will reflect its luxury branding. Overall, while not "economical" in the budget sense, the RX 500h offers very competitive long-term ownership costs for its class, especially when considering its strong resale value and low depreciation. It's a relatively cost-effective luxury proposition.

2024 Lexus RX 500h Fuel Efficiency

2024 Lexus RX 500h Safety Rating

2024 Lexus RX 500h Warranty

2024 Lexus RX 500h Insurance

How Does the 2024 Lexus RX 500h Compare to Other Sport Utility Vehicle?

The 2024 Lexus RX 500h positions itself uniquely in the competitive mid-size luxury SUV segment, especially against performance-oriented rivals. Here's how it stacks up:

• Performance: With 366 horsepower and a 0-60 mph time of 5.9 seconds, the RX 500h offers compelling acceleration. This places it favorably against alternatives like the Acura MDX Type S (355 hp, ~5.5s) and the Genesis GV80 3.5T (375 hp, ~5.7s). However, European rivals such as the BMW X5 xDrive40i (375 hp, ~5.3s) and Mercedes-Benz GLE 450 (375 hp, ~5.3s) often deliver slightly quicker straight-line performance, sometimes with a more engaging driving dynamic, though the RX 500h's DIRECT4 AWD system offers excellent handling.
• Features: The RX 500h is loaded with standard luxury features, including its prominent 14-inch Lexus Interface, comprehensive Lexus Safety System+ 3.0, and premium interior appointments. This aligns well with its rivals, all of whom offer sophisticated infotainment and safety suites, though specific interface designs and optional packages vary. Lexus's reputation for interior quality and quietness remains a strong point.
• Reliability: This is where the Lexus RX 500h truly shines. Lexus consistently ranks at or near the top for vehicle reliability and owner satisfaction. While Acura and Genesis offer strong reliability, they generally don't match Lexus's long-standing reputation. European competitors like BMW, Mercedes-Benz, and Audi, while offering advanced technology and driving pleasure, often come with higher long-term maintenance and repair costs, and typically lower reliability ratings.
• Price: Starting around $63,000-$64,000, the RX 500h offers a strong value proposition. The Acura MDX Type S starts higher, typically in the mid-$70,000s. The BMW X5 xDrive40i and Mercedes-Benz GLE 450 often start in a similar or slightly higher price bracket, especially when comparably equipped, but their total cost of ownership can be higher due to depreciation and maintenance. The Genesis GV80 3.5T, starting in the high-$60,000s, presents a compelling value, but lacks a hybrid performance option.

Recommended Alternatives:

• For More Performance: Consider the BMW X5 (especially the xDrive50e PHEV or M50i) or Mercedes-Benz GLE 53 AMG if pure speed and driving dynamics are paramount and budget allows for higher running costs.
• For Similar Value/Luxury (non-hybrid): The Genesis GV80 3.5T offers a very plush interior and strong performance for the price.
• For a Plug-in Hybrid: The Lexus RX 450h+ offers a P-HEV option with electric-only range, or the BMW X5 xDrive50e for more power.
• For Max Reliability & Value (less performance focus): Other Lexus RX variants like the RX 350h (standard hybrid) offer excellent efficiency and Lexus dependability at a lower entry price.

Final Verdict: Is the 2024 Lexus RX 500h a Good Sport Utility Vehicle?

The 2024 Lexus RX 500h is an ideal vehicle for discerning buyers seeking a luxurious, high-performance mid-size SUV that doesn't compromise on Lexus's legendary reliability and build quality. It caters particularly well to individuals or families who desire a sporty driving experience with robust acceleration, thanks to its powerful hybrid powertrain, while still appreciating respectable fuel efficiency for its class. Those who prioritize a plush, quiet, and technologically advanced cabin, along with a comprehensive suite of safety features, will find the RX 500h exceptionally appealing. It's a perfect blend of emotional desirability and practical sensibility.

Given its strong attributes, the RX 500h is absolutely worth buying. For those who want the very latest features, full warranty, and minimal mileage, purchasing a new 2024 model is a sound investment, particularly considering Lexus's excellent resale value and low depreciation. If a slight saving is desired, a lightly used 2023 RX 500h (its inaugural model year) could be a smart option, as these are just beginning to appear on the used market with minimal depreciation. Since the 500h is exclusively offered in the F Sport Performance trim, the decision is less about trim level and more about new versus nearly-new condition.

2024 Lexus RX 500h Owner Reviews

Simon A

Simon is a contributor to VinCheck, where he provides articles and reviews on various automotive topics. His work focuses on delivering accurate and up-to-date information about used cars, helping readers make informed decisions.