The 2024 Lexus TX 500h is a brand-new addition to the luxury SUV market, marking Lexus's entry into the three-row hybrid segment. Built on a unibody platform, it shares its underpinnings with the Toyota Grand Highlander. The TX 500h is available in several trims, with pricing generally starting in the mid-$60,000 range and climbing higher for top-tier configurations. Its popularity stems from offering Lexus's renowned luxury and refinement in a practical, larger SUV package, specifically targeting families seeking advanced hybrid technology and ample passenger space.
The Good
The 2024 Lexus TX 500h excels with its smooth and powerful hybrid performance, the hallmark reliability of Lexus, and a remarkably comfortable, spacious interior. Its elegant design appeals to emotional desires, while its impressive fuel efficiency and versatile practicality cater to practical needs, offering strong value.
The Bad
Potential weaknesses for the 2024 Lexus TX 500h include its relatively high starting price compared to some competitors. Some reviewers note that while capable, the base engine might feel less potent than expected in its class, and cargo space behind the third row is not class-leading.
2024 Lexus TX 500h: Quick Overview
- Engine Options: The 2024 Lexus TX comes with two main powertrain options. The TX 350 features a 2.4-liter turbocharged inline-four engine paired with an eight-speed automatic transmission, available in front-wheel drive or all-wheel drive. The TX 500h is a full hybrid electric vehicle (HEV) featuring a 2.4-liter turbocharged inline-four engine combined with electric motors, delivering power through a six-speed automatic transmission and standard all-wheel drive.
- Horsepower: The TX 350 produces 275 horsepower and 317 lb-ft of torque. The TX 500h boasts a more potent 366 total system horsepower.
- Fuel Economy: For the TX 350 FWD, EPA estimates are around 21 mpg city/27 mpg highway. The TX 350 AWD is estimated at 20 mpg city/26 mpg highway. The TX 500h offers an impressive estimated 27 mpg city/28 mpg highway.
- 0-60 Times: Official 0-60 mph times for the TX 350 are around 7.0 seconds. The more powerful TX 500h is expected to be quicker, potentially in the high 5-second to low 6-second range.
- Towing Capacity: Both the TX 350 and TX 500h have a maximum towing capacity of up to 5,000 pounds when properly equipped, making them suitable for light to moderate towing needs.
- Key Trim-Level Features:
- TX 350: Standard features include a 14-inch touchscreen infotainment system, wireless Apple CarPlay and Android Auto, a digital instrument cluster, Lexus Safety System+ 3.0 (comprehensive suite of driver aids), synthetic leather upholstery, heated and ventilated front seats, and 20-inch alloy wheels.
- TX 500h F SPORT Performance: This trim builds upon the TX 350 with a sport-tuned suspension, unique F SPORT exterior and interior styling, a heated leather-wrapped steering wheel, ambient interior lighting, perforated leather-trimmed seats, second-row captain's chairs, and 22-inch F SPORT wheels. It also benefits from the more powerful hybrid powertrain.
- TX 550+ (Plug-in Hybrid - expected later): This future trim is expected to offer a plug-in hybrid powertrain and higher levels of luxury and technology.
2024 Lexus TX 500h Specifications
Vehicle Information
| Year | 2024 |
| Make | Lexus |
| Model | TX 500h |
| Trim | - |
| Style | - |
| Type | Sport Utility Vehicle |
| Category | Standard Sport Utility Vehicle |
Manufacturing Details
| Made In | United States |
| Manufacturing City | PRINCETON |
Dimensions
| Doors | 4-Door |
| Curb Weight | 2254.35 kg |
| Gross Vehicle Weight Rating | 3175.14 kg |
| Overall Height | - |
| Overall Length | 516.89 cm |
| Overall Width | - |
| Wheelbase Length | 294.89 cm |
| Standard Seating | 6 |
Engine & Performance
| Engine | 2.4-L L-4 DOHC 16V |
| Engine Size | 2.4L |
| Engine Cylinders | 4 |
| Transmission | 8-Speed Automatic |
| Transmission Type | Automatic |
| Transmission Speeds | 8-Speed |
| Drivetrain | All-Wheel Drive |
Additional Features
| Anti-Brake System | 4-Wheel ABS |
| Steering Type | Rack & Pinion |
Pricing
| Manufacturer Suggested Retail Price (MSRP) | $71,300 USD |
| Invoice Price | - |
| Delivery Charges | $1,350 USD |
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What Problems Does the 2024 Lexus TX 500h Have?
As the 2024 Lexus TX is a brand-new model, there is limited data available regarding frequently reported problems or long-term reliability concerns. Being a first-year model, it's not uncommon for minor issues to surface as production progresses and early adopters put more miles on their vehicles. However, Lexus generally has a strong reputation for reliability, and the TX is built on proven Toyota platforms and utilizes established hybrid technology, which bodes well for its long-term durability.
At this early stage, there have been no widespread, significant reliability concerns or recalls officially reported for the 2024 Lexus TX. Any minor issues that may arise are likely to be addressed through dealer service bulletins or software updates. Buyers should monitor official recall notices from Lexus and consumer reporting websites for any emerging trends.
Owners should follow the recommended maintenance schedule diligently, as this is crucial for ensuring the longevity of any vehicle, especially a hybrid. Regular oil changes, fluid checks, tire rotations, and inspections of the hybrid components are essential. For the TX 500h, paying attention to the battery system and electric motor performance during routine checks will also be important. Given Lexus's track record, the expectation is for high reliability, but as with any new model, vigilance and proper maintenance are key to mitigating potential issues and ensuring a positive ownership experience over time.
At this early stage, there have been no widespread, significant reliability concerns or recalls officially reported for the 2024 Lexus TX. Any minor issues that may arise are likely to be addressed through dealer service bulletins or software updates. Buyers should monitor official recall notices from Lexus and consumer reporting websites for any emerging trends.
Owners should follow the recommended maintenance schedule diligently, as this is crucial for ensuring the longevity of any vehicle, especially a hybrid. Regular oil changes, fluid checks, tire rotations, and inspections of the hybrid components are essential. For the TX 500h, paying attention to the battery system and electric motor performance during routine checks will also be important. Given Lexus's track record, the expectation is for high reliability, but as with any new model, vigilance and proper maintenance are key to mitigating potential issues and ensuring a positive ownership experience over time.
How long will the 2024 Lexus TX 500h last?
Based on Lexus's historical reliability and the inherent durability of hybrid systems, the 2024 Lexus TX 500h is expected to offer a long service life, potentially exceeding 200,000 miles with proper maintenance. Owners who adhere to the manufacturer's recommended service schedule, including regular fluid changes, filter replacements, and inspections, can significantly enhance its longevity. While specific owner data for this model is nascent, Lexus vehicles are known for their robust build quality and enduring powertrains. Potential long-term weaknesses could emerge in areas like battery degradation over many years, as is common with all hybrids, or electronic component wear, but these are typically addressed by Lexus's comprehensive warranty and excellent service network. Overall, its durability is anticipated to be a strong suit.
What Technology & Safety Features are Included?
The 2024 Lexus TX is outfitted with a comprehensive suite of modern technology, entertainment, driver-assistance, and safety features designed to enhance convenience, connectivity, and security.
Infotainment and Connectivity: Standard across all trims is a large 14-inch touchscreen infotainment system that supports wireless Apple CarPlay and Android Auto, allowing for seamless smartphone integration. It also features voice command capabilities, a digital instrument cluster, and multiple USB ports throughout the cabin. Optional upgrades might include a premium Mark Levinson sound system, a head-up display, and enhanced navigation features.
Driver-Assistance and Safety: The TX comes standard with Lexus Safety System+ 3.0, a robust collection of advanced driver-assistance systems (ADAS). This includes Pre-Collision System with Pedestrian Detection, Dynamic Radar Cruise Control, Lane Tracing Assist, Lane Departure Alert with Steering Assist, Road Sign Assist, and Automatic High Beams. Optional or included on higher trims are features like a Panoramic View Monitor, front cross-traffic alert, and a digital rearview mirror.
Comfort and Convenience Features: Standard amenities often include synthetic leather seating, heated and ventilated front seats, multi-zone climate control, and a power liftgate. Higher trims can add perforated leather upholstery, heated second-row seats, a panoramic moonroof, ambient interior lighting, and power-folding third-row seats. For the TX 500h F SPORT Performance trim, sport-oriented seats and enhanced interior trim are standard.
Crash-Test Ratings: As a new model, official crash-test ratings from organizations like the NHTSA and IIHS are typically released after the vehicle has been evaluated. However, given Lexus's commitment to safety and the advanced nature of the Lexus Safety System+ 3.0, the TX is expected to perform well in crash tests.
Infotainment and Connectivity: Standard across all trims is a large 14-inch touchscreen infotainment system that supports wireless Apple CarPlay and Android Auto, allowing for seamless smartphone integration. It also features voice command capabilities, a digital instrument cluster, and multiple USB ports throughout the cabin. Optional upgrades might include a premium Mark Levinson sound system, a head-up display, and enhanced navigation features.
Driver-Assistance and Safety: The TX comes standard with Lexus Safety System+ 3.0, a robust collection of advanced driver-assistance systems (ADAS). This includes Pre-Collision System with Pedestrian Detection, Dynamic Radar Cruise Control, Lane Tracing Assist, Lane Departure Alert with Steering Assist, Road Sign Assist, and Automatic High Beams. Optional or included on higher trims are features like a Panoramic View Monitor, front cross-traffic alert, and a digital rearview mirror.
Comfort and Convenience Features: Standard amenities often include synthetic leather seating, heated and ventilated front seats, multi-zone climate control, and a power liftgate. Higher trims can add perforated leather upholstery, heated second-row seats, a panoramic moonroof, ambient interior lighting, and power-folding third-row seats. For the TX 500h F SPORT Performance trim, sport-oriented seats and enhanced interior trim are standard.
Crash-Test Ratings: As a new model, official crash-test ratings from organizations like the NHTSA and IIHS are typically released after the vehicle has been evaluated. However, given Lexus's commitment to safety and the advanced nature of the Lexus Safety System+ 3.0, the TX is expected to perform well in crash tests.
What Colors Options are Available?
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In the meantime, feel free to explore the other sections for more content.
In the meantime, feel free to explore the other sections for more content.
2024 Lexus TX 500h Prices and Market Value
When new, the 2024 Lexus TX 500h typically starts in the mid-$60,000 range, with higher trims and optional packages pushing the price significantly higher, potentially into the $70,000s. As a new model, current used market prices are scarce and will largely reflect early lease returns or pre-owned examples with very low mileage, likely still commanding prices close to new. Lexus vehicles generally hold their value well, benefiting from strong brand reputation, perceived reliability, and luxury appointments. Depreciation is expected to be moderate compared to some non-luxury competitors, but as with any new vehicle, the steepest depreciation occurs in the first few years of ownership. Factors positively affecting resale value include the TX 500h's fuel efficiency, upscale interior, advanced technology, and the overall demand for luxury three-row SUVs.
2024 Lexus TX 500h Cost of Ownership
The 2024 Lexus TX 500h is generally considered moderately costly to own, aligning with the premium segment it occupies. Insurance premiums will likely be higher than for mainstream SUVs due to its luxury branding and advanced technology. Fuel costs, however, can be more economical than non-hybrid rivals, especially for the TX 500h, thanks to its impressive MPG. Maintenance costs are expected to be in line with other Lexus vehicles – reasonable for a luxury brand, with routine services being standard. Repair costs, particularly for specialized hybrid components outside of warranty, could be higher. Overall, while the initial purchase price is significant, its efficient powertrain and expected reliability help offset some long-term ownership expenses, making it more economical than some less efficient luxury alternatives.
2024 Lexus TX 500h Fuel Efficiency
Fuel Type
Gasoline
Fuel Capacity
67.38 liters
City Mileage
11.48 km/l
Highway Mileage
11.9 km/l
2024 Lexus TX 500h Safety Rating
NHTSA
2024 Lexus TX 500h Warranty
Basic
Original warranty
48 months / 50,000 miles
Estimated remaining
36 months / 50,000 miles
Powertrain
Original warranty
72 months / 70,000 miles
Estimated remaining
60 months / 70,000 miles
Rust
Original warranty
72 months / unlimited miles
Estimated remaining
60 months / unlimited miles
2024 Lexus TX 500h Insurance
Insurance for a 2024 Lexus TX 500h is moderately priced, reflecting its status as a Sport Utility Vehicle with strong safety ratings and
reasonable repair costs.
reasonable repair costs.
How Does the 2024 Lexus TX 500h Compare to Other Sport Utility Vehicle?
The 2024 Lexus TX 500h enters a competitive three-row luxury SUV segment. Key rivals include the Acura MDX, Volvo XC90, BMW X7, and Mercedes-Benz GLS.
Performance: The TX 500h's 366 horsepower hybrid system offers a strong, refined performance that competes well with the MDX's 290 hp V6 and the XC90's hybrid options. However, German rivals like the X7 and GLS offer more potent, albeit less fuel-efficient, engine options, often with higher horsepower figures. The TX 500h's all-wheel drive and smooth power delivery are highlights.
Features: Lexus excels in standard technology, with its 14-inch touchscreen and comprehensive Lexus Safety System+ 3.0 being standard, which is often optional or limited on some competitors. The interior is spacious and luxuriously appointed, though perhaps less overtly opulent than the BMW or Mercedes. The MDX offers a compelling tech package, while the XC90 blends Scandinavian design with advanced safety.
Reliability: Lexus has a long-standing reputation for superior reliability, generally outranking European competitors like BMW and Mercedes-Benz in long-term durability studies. Acura also scores very well in reliability. The XC90's reliability has been more mixed.
Price: The TX 500h's starting price in the mid-$60,000s positions it competitively. The Acura MDX typically starts lower, offering strong value. The Volvo XC90 is in a similar price bracket. The BMW X7 and Mercedes-Benz GLS are significantly more expensive, placing them in a higher tier of luxury and performance.
Alternatives:
Performance: The TX 500h's 366 horsepower hybrid system offers a strong, refined performance that competes well with the MDX's 290 hp V6 and the XC90's hybrid options. However, German rivals like the X7 and GLS offer more potent, albeit less fuel-efficient, engine options, often with higher horsepower figures. The TX 500h's all-wheel drive and smooth power delivery are highlights.
Features: Lexus excels in standard technology, with its 14-inch touchscreen and comprehensive Lexus Safety System+ 3.0 being standard, which is often optional or limited on some competitors. The interior is spacious and luxuriously appointed, though perhaps less overtly opulent than the BMW or Mercedes. The MDX offers a compelling tech package, while the XC90 blends Scandinavian design with advanced safety.
Reliability: Lexus has a long-standing reputation for superior reliability, generally outranking European competitors like BMW and Mercedes-Benz in long-term durability studies. Acura also scores very well in reliability. The XC90's reliability has been more mixed.
Price: The TX 500h's starting price in the mid-$60,000s positions it competitively. The Acura MDX typically starts lower, offering strong value. The Volvo XC90 is in a similar price bracket. The BMW X7 and Mercedes-Benz GLS are significantly more expensive, placing them in a higher tier of luxury and performance.
Alternatives:
- For a strong balance of luxury, technology, and exceptional reliability: The Acura MDX is a very strong alternative, offering a slightly sportier feel and excellent value.
- For Scandinavian design and safety focus: The Volvo XC90 is a stylish and safe choice, with a comfortable ride and available plug-in hybrid.
- For ultimate luxury and performance (at a higher price): If budget is less of a concern and ultimate performance and opulence are desired, the BMW X7 or Mercedes-Benz GLS are the benchmarks, though with typically higher running costs and lower reliability ratings.
Final Verdict: Is the 2024 Lexus TX 500h a Good Sport Utility Vehicle?
The 2024 Lexus TX 500h is ideal for families seeking a luxurious, comfortable, and highly reliable three-row SUV with the added benefit of a fuel-efficient hybrid powertrain. It's particularly well-suited for those who prioritize a smooth, quiet ride and advanced standard safety features over outright sporty handling or extreme off-road capability. For buyers who value Lexus's reputation for dependability and are looking for a premium alternative to mainstream SUVs, the TX 500h presents a compelling package.
It is worth buying, especially when considering its blend of luxury, technology, and efficiency. Buying new offers the latest features and a full warranty, which is advisable for a first-year model. While the TX 350 offers a more accessible entry point, the TX 500h's hybrid performance and enhanced efficiency justify its higher price for many. Used models will become more attractive as they age, but early depreciation will be less pronounced given Lexus's strong resale value. The TX 500h F SPORT Performance trim is recommended for those wanting the full hybrid experience with sportier styling.
It is worth buying, especially when considering its blend of luxury, technology, and efficiency. Buying new offers the latest features and a full warranty, which is advisable for a first-year model. While the TX 350 offers a more accessible entry point, the TX 500h's hybrid performance and enhanced efficiency justify its higher price for many. Used models will become more attractive as they age, but early depreciation will be less pronounced given Lexus's strong resale value. The TX 500h F SPORT Performance trim is recommended for those wanting the full hybrid experience with sportier styling.
Cathleen V
Cathleen is an exceptional freelance writer covering hot topics in the automotive world from a gearhead's perspective. Her articles delve into various aspects of automotive technology and history, offering readers detailed insights into engine performance, reliability, and maintenance. Through her engaging and informative writing, Cathleen provides valuable information to automotive enthusiasts and consumers alike, helping them make informed decisions about vehicle maintenance and purchases.