The 2023 Lexus RZ 450e is Lexus's first all-electric SUV, marking a significant step into the EV market. It's a luxury electric crossover available in a single well-equipped trim. Launching in 2023, it aims to blend Lexus's renowned comfort and refinement with zero-emission performance. Its distinct styling and advanced technology are key selling points.
The Good
The 2023 RZ 450e offers a whisper-quiet, smooth ride and opulent interior for comfort. Its all-electric performance provides instant torque and responsive acceleration, appealing to driving enthusiasts. Lexus's reputation for reliability, coupled with advanced safety tech, offers peace of mind for practical buyers.
The Bad
Potential buyers should be aware of its estimated driving range, which is not class-leading. The steering yoke, an optional feature, may not appeal to all drivers and can take some getting used to. Charging speed, while adequate, isn't the fastest available on the market.
2023 Lexus RZ 450e: Quick Overview
- Engine Options: The 2023 Lexus RZ 450e is exclusively offered with a dual-motor all-wheel-drive electric powertrain.
- Horsepower: It produces a combined output of 308 horsepower.
- Fuel Economy (MPGe): Estimated at 111 MPGe city / 91 MPGe highway for the Premium trim and 105 MPGe city / 90 MPGe highway for the Luxury trim.
- 0-60 Times: It accelerates from 0 to 60 mph in approximately 4.6 seconds.
- Towing Capacity: The 2023 Lexus RZ 450e does not have a specified towing capacity.
- Trim-Level Features: The RZ 450e is available in two main trims:
- RZ 450e Premium: Standard features include 18-inch wheels, a 14-inch infotainment touchscreen, wireless Apple CarPlay and Android Auto, a digital rearview mirror, heated and ventilated front seats, a heated steering wheel, a panoramic glass roof, a suite of advanced driver-assistance systems (Lexus Safety System+ 3.0), and synthetic leather upholstery.
- RZ 450e Luxury: Builds upon the Premium trim with 20-inch wheels, semi-aniline leather upholstery, a head-up display, front and rear heated seats, a Mark Levinson 13-speaker premium audio system, ambient interior lighting with 64 color options, and radiant heating elements in the footwells.
- Battery and Range: Equipped with a 71.4 kWh battery, it offers an estimated range of up to 220 miles for the Premium trim and 215 miles for the Luxury trim.
2023 Lexus RZ 450e Specifications
Vehicle Information
| Year | 2023 |
| Make | Lexus |
| Model | RZ 450e |
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What Problems Does the 2023 Lexus RZ 450e Have?
As a brand-new model for 2023, the Lexus RZ 450e has had limited time on the road, making extensive long-term reliability data scarce. However, early reports and owner feedback have highlighted a few areas. One concern that has surfaced relates to the infotainment system, with some users reporting occasional glitches or slow response times, though software updates are expected to address these. Another point of discussion is the vehicle's charging speed, which, while functional, is not as rapid as some competitors in the luxury EV segment. This is not necessarily a problem but a point of comparison for those prioritizing ultra-fast charging. Regarding recalls, for the 2023 model year, there have been a limited number of recalls. One notable recall addressed a potential issue with the door control unit, which could lead to the doors not unlocking under certain circumstances. Another addressed a risk of the steering yoke potentially detaching. These recalls are typical for a first-year model and are actively being addressed by Lexus. Beyond these specific issues, Lexus generally has a strong reputation for reliability, and the underlying platform shared with other Toyota/Lexus EVs is expected to be robust. Early indications suggest good build quality and material durability. However, as with any new EV technology, long-term battery health remains a factor to monitor over many years of ownership, though Lexus typically offers substantial battery warranties to mitigate this concern.
How long will the 2023 Lexus RZ 450e last?
Estimating exact average mileage or years of service for a debut model like the 2023 Lexus RZ 450e is challenging without extensive historical data. However, based on Lexus's established reputation for durability and build quality, it is reasonable to expect the RZ 450e to last for well over 10 years and potentially 150,000 to 200,000 miles with diligent maintenance. Key to its long-term durability will be the health of its electric powertrain components, particularly the battery. Lexus's battery warranty of 10 years or 150,000 miles (whichever comes first) provides significant assurance. Potential long-term weaknesses might include the depreciation of battery technology as newer, more efficient models emerge, and the ongoing software updates required to maintain optimal performance and features.
What Technology & Safety Features are Included?
The 2023 Lexus RZ 450e is replete with advanced technology, entertainment, and comprehensive safety features. At its heart is a standard 14-inch high-definition touchscreen infotainment system, boasting wireless Apple CarPlay and Android Auto integration for seamless smartphone connectivity. The system is intuitive and responsive, though some early users have noted occasional minor lag. Standard tech amenities include a digital rearview mirror, which provides an unobstructed view behind the vehicle, and ambient interior lighting with a palette of 64 colors in the Luxury trim, allowing for personalized cabin atmosphere. The RZ 450e comes equipped with the Lexus Safety System+ 3.0, a suite of advanced driver-assistance systems designed for enhanced safety and convenience. This includes Pre-Collision System with Pedestrian Detection, Dynamic Radar Cruise Control with Lane Tracing Assist, Road Sign Assist, and Automatic High Beams. Optional features, particularly on the Luxury trim, enhance the experience further. These include a sophisticated Mark Levinson 13-speaker premium audio system for an immersive sound experience, a color Head-Up Display that projects key information onto the windshield, and a panoramic glass roof that enhances the sense of spaciousness. For those seeking a futuristic driving experience, the optional yoke steering wheel offers a unique, albeit divisive, alternative to a traditional wheel. Crash-test ratings for the 2023 Lexus RZ 450e were not available from the NHTSA or IIHS at the time of its release, as new models typically undergo testing after their market debut. However, given Lexus's consistent commitment to safety and the robust engineering expected of its EVs, it is anticipated to perform well in future assessments.
What Colors Options are Available?
2023 Lexus RZ 450e Prices and Market Value
When new, the 2023 Lexus RZ 450e had a starting MSRP in the mid-$50,000s for the Premium trim, with the Luxury trim being higher, approaching $60,000. As of late 2023/early 2024, used market prices for the 2023 RZ 450e are beginning to emerge. Initial depreciation appears to be moderate for a luxury EV, with lightly used models typically listed a few thousand dollars below their original sticker price. Factors affecting resale value include mileage, condition, trim level, and the presence of desirable options like the panoramic roof or premium audio. The overall demand for luxury electric SUVs and any updates for subsequent model years will also play a significant role in its long-term residual values.
2023 Lexus RZ 450e Cost of Ownership
The 2023 Lexus RZ 450e is positioned as a luxury EV, meaning ownership costs will reflect that. Insurance premiums are likely to be higher than for a comparable gasoline-powered vehicle due to its advanced technology and luxury classification. Electricity costs will be significantly lower than gasoline fueling, making it economical to operate daily. Maintenance costs are expected to be lower than traditional vehicles, with fewer moving parts. However, potential repair costs for EV-specific components like the battery or electric motors could be substantial if out of warranty. Overall, while cheaper to fuel and maintain, the initial purchase price and potential high-cost repairs make it a moderately costly vehicle to own long-term, though its electric nature offers savings over time compared to premium gasoline SUVs.
2023 Lexus RZ 450e Fuel Efficiency
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2023 Lexus RZ 450e Safety Rating
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2023 Lexus RZ 450e Insurance
Insurance for a 2023 Lexus RZ 450e is moderately priced, reflecting its status as a Vehicle with strong safety ratings and
reasonable repair costs.
reasonable repair costs.
How Does the 2023 Lexus RZ 450e Compare to Other Vehicle?
The 2023 Lexus RZ 450e enters a competitive luxury electric SUV segment. In terms of performance, its 308 hp and 4.6-second 0-60 mph time are respectable but trail some rivals like the Tesla Model Y Performance or the Ford Mustang Mach-E GT. However, its emphasis is on smooth, refined power delivery rather than outright sportiness. Key features are a strong suit for Lexus, with a high-quality interior, advanced infotainment, and comprehensive driver aids. Rivals like the Audi Q4 e-tron offer similar tech but may lack the RZ's overall cabin ambiance. The BMW iX offers a more technologically advanced and luxurious experience, but at a significantly higher price point. Reliability is where Lexus traditionally shines. While the RZ is new, Lexus's reputation for building durable vehicles bodes well, potentially surpassing the perceived reliability of some Tesla models or the early kinks sometimes found in newer EV platforms. Price-wise, the RZ 450e sits competitively in the mid-$50,000s to $60,000 range, making it more accessible than the BMW iX or the Genesis GV60 Performance. Alternatives to consider include the aforementioned Tesla Model Y, which offers superior range and performance for the price, though with a less luxurious interior. The Volvo XC40 Recharge and C40 Recharge provide a more compact option with strong safety credentials. For those prioritizing a more driver-focused experience and potentially better value, the Hyundai Ioniq 5 or Kia EV6 are excellent, albeit less premium, choices. The RZ 450e's unique appeal lies in its blend of Lexus refinement, distinctive design, and the quiet confidence of an electric powertrain, making it a strong contender for those who value comfort and build quality.
Final Verdict: Is the 2023 Lexus RZ 450e a Good Vehicle?
The 2023 Lexus RZ 450e is ideal for buyers prioritizing Lexus's signature luxury, comfort, and build quality in an all-electric package. It's a strong choice for those seeking a refined, quiet, and technologically advanced EV that doesn't compromise on premium amenities. It's worth buying for those who value a traditional luxury brand's approach to EVs and are less concerned with maximum range or blistering acceleration. Buying new offers the latest technology and a full manufacturer's warranty, while a lightly used model could present a better value proposition. The Premium trim offers a well-rounded experience, but the Luxury trim elevates the interior and features for those seeking the ultimate Lexus EV experience. It is a solid, if not segment-leading, option for the discerning luxury EV buyer.