The 2023 Lexus LS 500 is the flagship luxury sedan from Lexus, representing the pinnacle of Japanese automotive engineering and opulence. Introduced in its current generation in 2018, it continues to offer a sophisticated and comfortable driving experience. Available as a full-size luxury sedan, key trims include the RWD and AWD variants. Pricing typically starts in the high $80,000s and can climb well into six figures with options. It stands out for its exceptionally quiet cabin, plush ride, and meticulous craftsmanship, appealing to those seeking refined comfort and cutting-edge technology.
The Good
The 2023 LS 500 excels in opulent comfort, serene quietness, and proven reliability. Its powerful yet smooth twin-turbo V6 offers engaging performance, while its striking design captivates. It provides a sanctuary from the outside world, making it an emotionally satisfying and practically sound choice for discerning luxury buyers.
The Bad
Potential owners should note the LS 500's infotainment system can be less intuitive than some rivals' and its overall fuel efficiency, while improved, is not class-leading. Some may also find its styling less overtly sporty compared to German competitors.
2023 Lexus LS 500: Quick Overview
- Engine Options: The sole engine for the 2023 Lexus LS 500 is a 3.5-liter twin-turbocharged V6.
- Horsepower: This V6 engine produces 416 horsepower.
- Torque: It generates 442 lb-ft of torque.
- Transmission: A 10-speed automatic transmission is standard.
- Drivetrain: Rear-wheel drive (RWD) is standard, with all-wheel drive (AWD) available.
- Fuel Economy (RWD): EPA estimates are approximately 19 MPG city / 31 MPG highway / 24 MPG combined.
- Fuel Economy (AWD): EPA estimates are approximately 17 MPG city / 27 MPG highway / 21 MPG combined.
- 0-60 Times: Around 4.5 seconds for RWD models and 4.4 seconds for AWD models.
- Towing Capacity: The Lexus LS 500 is not designed for towing, and a towing capacity is not specified.
- Key Trim-Level Features (Standard on LS 500 RWD/AWD):
- Leather upholstery
- 19-inch alloy wheels
- Power-adjustable front seats with heating and memory
- Dual-zone automatic climate control
- 12.3-inch infotainment touchscreen
- Apple CarPlay and Android Auto integration
- Navigation system
- 12-speaker premium audio system
- Keyless ignition and entry
- Sunroof
- LED headlights and taillights
- Lexus Safety System+ 2.5 (including adaptive cruise control, lane keeping assist, automatic emergency braking)
- Optional Features/Packages:
- Larger wheels (e.g., 20-inch)
- Comfort packages (e.g., heated and ventilated rear seats, power rear sunshades)
- Executive packages (further enhancing rear-seat luxury)
- Mark Levinson 23-speaker surround-sound audio system
- Head-Up Display
- Panoramic glass roof
- Air suspension
- Digital rearview mirror
- A variety of advanced driver-assistance systems
2023 Lexus LS 500 Specifications
Vehicle Information
| Year | 2023 |
| Make | Lexus |
| Model | LS 500 |
| Trim | - |
| Style | - |
| Type | Sedan |
| Category | Minicompact Car |
Manufacturing Details
| Made In | Japan |
| Manufacturing City | TAHARA CITY |
Dimensions
| Doors | 4-Door |
| Curb Weight | 2194.93 kg |
| Gross Vehicle Weight Rating | 2721.55 kg |
| Overall Height | - |
| Overall Length | 523.49 cm |
| Overall Width | - |
| Wheelbase Length | 312.42 cm |
| Standard Seating | 5 |
Engine & Performance
| Engine | 3.5-L V-6 DOHC 24V |
| Engine Size | 3.5L |
| Engine Cylinders | 6 |
| Transmission | 10-Speed Automatic |
| Transmission Type | Automatic |
| Transmission Speeds | - |
| Drivetrain | Rear-Wheel Drive |
Additional Features
| Anti-Brake System | 4-Wheel ABS |
| Steering Type | Rack & Pinion |
Pricing
| Manufacturer Suggested Retail Price (MSRP) | $80,485 USD |
| Invoice Price | - |
| Delivery Charges | $1,150 USD |
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What Problems Does the 2023 Lexus LS 500 Have?
The 2023 Lexus LS 500 generally enjoys a strong reputation for reliability, a hallmark of the Lexus brand. While specific widespread, frequently reported problems for the 2023 model year are uncommon, it's worth noting general areas that have seen occasional complaints across recent LS generations. These can sometimes include minor electrical gremlins, such as issues with the infotainment system's responsiveness or connectivity glitches. Some owners have reported occasional problems with sensor accuracy for driver-assistance features, though these are often software-related and addressable with updates.
Recalls for the LS 500 are typically safety-related and often involve relatively minor components or software updates. For instance, past recalls have addressed potential issues with fuel pumps or specific warning lights. It's crucial to check the NHTSA website or consult a Lexus dealer for the most current recall information pertinent to any specific vehicle.
In terms of long-term reliability concerns, the LS 500 is built with high-quality materials and robust engineering. The twin-turbo V6 engine is a well-regarded unit. However, as with any complex luxury vehicle, maintenance is key. Neglecting routine servicing, especially fluid changes and inspections, can lead to accelerated wear. The air suspension system, if equipped, is a complex component that, while generally reliable, can be a costly repair if it fails outside of warranty. Owners should also be mindful of potential tire wear due to the vehicle's performance capabilities. Overall, the 2023 LS 500 is expected to maintain its reputation for long-term durability with proper care and maintenance, with most potential issues being minor or addressable through regular service.
Recalls for the LS 500 are typically safety-related and often involve relatively minor components or software updates. For instance, past recalls have addressed potential issues with fuel pumps or specific warning lights. It's crucial to check the NHTSA website or consult a Lexus dealer for the most current recall information pertinent to any specific vehicle.
In terms of long-term reliability concerns, the LS 500 is built with high-quality materials and robust engineering. The twin-turbo V6 engine is a well-regarded unit. However, as with any complex luxury vehicle, maintenance is key. Neglecting routine servicing, especially fluid changes and inspections, can lead to accelerated wear. The air suspension system, if equipped, is a complex component that, while generally reliable, can be a costly repair if it fails outside of warranty. Owners should also be mindful of potential tire wear due to the vehicle's performance capabilities. Overall, the 2023 LS 500 is expected to maintain its reputation for long-term durability with proper care and maintenance, with most potential issues being minor or addressable through regular service.
How long will the 2023 Lexus LS 500 last?
Based on Lexus' historical performance and owner feedback for similar flagship sedans, the 2023 LS 500 can reasonably be expected to provide excellent long-term durability, often reaching 200,000 miles or more with diligent maintenance. Owners who adhere to Lexus' recommended service schedule, including regular oil changes, filter replacements, and fluid checks, will maximize the vehicle's lifespan. The robust powertrain and high-quality interior materials contribute to its longevity. Potential weaknesses over time, though not guaranteed, could involve the complex air suspension system or infotainment electronics, which may require attention outside of typical wear-and-tear items as the vehicle ages. However, with proactive care, the LS 500 is built to last and maintain its luxury feel for many years and miles.
What Technology & Safety Features are Included?
The 2023 Lexus LS 500 is equipped with a comprehensive suite of advanced technology, entertainment, and safety features designed to pamper occupants and enhance the driving experience. The centerpiece of the infotainment system is a large 12.3-inch high-resolution touchscreen display, which includes standard features like integrated navigation, Bluetooth connectivity, and a premium 12-speaker audio system. For audiophiles, an optional Mark Levinson 23-speaker surround-sound audio system offers unparalleled acoustic immersion. Apple CarPlay and Android Auto integration are standard, allowing seamless smartphone connectivity for music, navigation, and communication.
In terms of driver-assistance and safety, the 2023 LS 500 comes standard with the Lexus Safety System+ 2.5. This advanced package includes Pre-Collision System with Pedestrian Detection, Dynamic Radar Cruise Control (all-speed), Lane Departure Alert with Steering Assist, Lane Tracing Assist, Road Sign Assist, and Intelligent High Beams. Optional features further enhance safety and convenience, such as a Head-Up Display that projects key information onto the windshield, a Digital Rearview Mirror for improved visibility, and an intuitive Parking Support Brake.
Additional available technology includes a panoramic glass roof, heated and ventilated seats for both front and rear passengers, and sophisticated climate control systems. While specific crash-test ratings for the 2023 model year may be released by organizations like the NHTSA and IIHS closer to or after its launch, previous generations of the Lexus LS have consistently earned top safety marks, indicating a strong inherent structural integrity and advanced protective systems. The extensive standard and optional safety features contribute to a high level of active and passive protection for all occupants.
In terms of driver-assistance and safety, the 2023 LS 500 comes standard with the Lexus Safety System+ 2.5. This advanced package includes Pre-Collision System with Pedestrian Detection, Dynamic Radar Cruise Control (all-speed), Lane Departure Alert with Steering Assist, Lane Tracing Assist, Road Sign Assist, and Intelligent High Beams. Optional features further enhance safety and convenience, such as a Head-Up Display that projects key information onto the windshield, a Digital Rearview Mirror for improved visibility, and an intuitive Parking Support Brake.
Additional available technology includes a panoramic glass roof, heated and ventilated seats for both front and rear passengers, and sophisticated climate control systems. While specific crash-test ratings for the 2023 model year may be released by organizations like the NHTSA and IIHS closer to or after its launch, previous generations of the Lexus LS have consistently earned top safety marks, indicating a strong inherent structural integrity and advanced protective systems. The extensive standard and optional safety features contribute to a high level of active and passive protection for all occupants.
What Colors Options are Available?
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2023 Lexus LS 500 Prices and Market Value
When new, the 2023 Lexus LS 500 typically started in the vicinity of $80,000-$85,000 for the base RWD model, with AWD versions and higher trim packages quickly pushing the price upwards of $90,000 to well over $100,000 with options. On the used market, a 2023 LS 500 will see a noticeable depreciation from its original MSRP, as is common with most luxury vehicles. Expect prices for a lightly used model (e.g., one year old) to be in the range of $65,000 to $85,000, depending heavily on mileage, condition, and optional equipment. Factors affecting resale value include maintaining a strong service history, keeping the vehicle in pristine condition, and the desirability of specific option packages. Lexus generally holds its value well within the luxury segment, especially for its flagship LS model, owing to its reputation for reliability and build quality.
2023 Lexus LS 500 Cost of Ownership
Owning a 2023 Lexus LS 500 is generally considered costly, though not excessively so compared to some ultra-luxury or performance rivals. Insurance premiums will be higher due to its luxury status and replacement cost. Fuel costs are moderate for its class, given the twin-turbo V6's respectable fuel economy, but premium unleaded is required. Maintenance costs are standard for a luxury sedan, with scheduled services being more expensive than mass-market cars due to specialized fluids and labor. Repair costs, especially for specialized components like the air suspension or advanced electronics, can be substantial if repairs are needed outside of warranty. Overall, it's a costly vehicle to own but offers value in its segment through reliability and refined comfort.
2023 Lexus LS 500 Fuel Efficiency
Fuel Type
Gasoline
Fuel Capacity
82.14 liters
City Mileage
7.65 km/l
Highway Mileage
12.33 km/l
2023 Lexus LS 500 Safety Rating
NHTSA
2023 Lexus LS 500 Warranty
Basic
Original warranty
48 months / 50,000 miles
Estimated remaining
24 months / 50,000 miles
Powertrain
Original warranty
72 months / 70,000 miles
Estimated remaining
48 months / 70,000 miles
Rust
Original warranty
72 months / unlimited miles
Estimated remaining
48 months / unlimited miles
2023 Lexus LS 500 Insurance
Insurance for a 2023 Lexus LS 500 is moderately priced, reflecting its status as a Sedan with strong safety ratings and
reasonable repair costs.
reasonable repair costs.
How Does the 2023 Lexus LS 500 Compare to Other Sedan?
The 2023 Lexus LS 500 competes in the full-size luxury sedan segment, facing strong contenders such as the Mercedes-Benz S-Class, BMW 7 Series, Audi A8, and Porsche Panamera.
Performance: The LS 500's 416-horsepower twin-turbo V6 offers strong, refined acceleration and a remarkably smooth power delivery, particularly appealing to those prioritizing comfort over outright sportiness. Rivals like the BMW 7 Series and Porsche Panamera often offer more potent engine options and sportier handling dynamics, appealing to buyers who want a more engaging driving experience. The Mercedes S-Class also offers a range of powerful engines, balancing performance and luxury.
Features: Lexus equips the LS 500 with a generous standard feature set, including advanced safety systems and a high-quality interior. Its infotainment system, while functional, is often considered less intuitive or cutting-edge than the systems found in the S-Class or 7 Series, which boast more advanced virtual assistants and screen integration. The LS 500 excels in its quiet cabin and plush ride quality, which are often considered superior to even its German rivals.
Reliability: This is where the LS 500 truly shines. Lexus has a long-standing reputation for exceptional reliability, which is a significant advantage over many European competitors that can be more prone to expensive repairs as they age. Owner satisfaction surveys consistently rank Lexus highly for dependability.
Price: The LS 500 is generally priced competitively, often undercutting similarly equipped S-Class or 7 Series models. This makes it a strong value proposition for buyers seeking luxury and reliability without the absolute highest price tag.
Alternatives:
* Similar: If ultimate comfort and proven reliability are paramount, the LS 500 is an excellent choice.
* Better (for performance/tech focus): If a more engaging driving experience, the latest technology, or a sportier aesthetic are higher priorities, consider the BMW 7 Series (especially with its latest redesign) or the Porsche Panamera. The Mercedes-Benz S-Class remains a benchmark for cutting-edge technology and opulent interior design, though often at a higher cost and with potentially lower long-term reliability scores. The Audi A8 offers a balanced approach to luxury, technology, and performance.
Performance: The LS 500's 416-horsepower twin-turbo V6 offers strong, refined acceleration and a remarkably smooth power delivery, particularly appealing to those prioritizing comfort over outright sportiness. Rivals like the BMW 7 Series and Porsche Panamera often offer more potent engine options and sportier handling dynamics, appealing to buyers who want a more engaging driving experience. The Mercedes S-Class also offers a range of powerful engines, balancing performance and luxury.
Features: Lexus equips the LS 500 with a generous standard feature set, including advanced safety systems and a high-quality interior. Its infotainment system, while functional, is often considered less intuitive or cutting-edge than the systems found in the S-Class or 7 Series, which boast more advanced virtual assistants and screen integration. The LS 500 excels in its quiet cabin and plush ride quality, which are often considered superior to even its German rivals.
Reliability: This is where the LS 500 truly shines. Lexus has a long-standing reputation for exceptional reliability, which is a significant advantage over many European competitors that can be more prone to expensive repairs as they age. Owner satisfaction surveys consistently rank Lexus highly for dependability.
Price: The LS 500 is generally priced competitively, often undercutting similarly equipped S-Class or 7 Series models. This makes it a strong value proposition for buyers seeking luxury and reliability without the absolute highest price tag.
Alternatives:
* Similar: If ultimate comfort and proven reliability are paramount, the LS 500 is an excellent choice.
* Better (for performance/tech focus): If a more engaging driving experience, the latest technology, or a sportier aesthetic are higher priorities, consider the BMW 7 Series (especially with its latest redesign) or the Porsche Panamera. The Mercedes-Benz S-Class remains a benchmark for cutting-edge technology and opulent interior design, though often at a higher cost and with potentially lower long-term reliability scores. The Audi A8 offers a balanced approach to luxury, technology, and performance.
Final Verdict: Is the 2023 Lexus LS 500 a Good Sedan?
The 2023 Lexus LS 500 is ideally suited for the discerning buyer who prioritizes serene comfort, exceptional quietness, and unwavering reliability in a full-size luxury sedan. It's perfect for those who want to arrive feeling relaxed and unruffled, rather than seeking a raw performance machine. Its meticulous build quality and serene ride make it a sanctuary on wheels.
It is absolutely worth buying, especially if long-term ownership costs and dependability are high on your list. While new, it represents a strong value proposition against its European rivals, offering similar luxury for less money. Buying a lightly used 2023 LS 500 (perhaps one to two years old) can offer even greater value, as the steepest depreciation has already occurred, yet you still benefit from much of the original warranty and modern features. Specific trims with comfort packages, especially for rear-seat occupants, would appeal to those who are chauffeured or who frequently have passengers. For the true Lexus enthusiast, it's a testament to the brand's commitment to luxury and refinement.
It is absolutely worth buying, especially if long-term ownership costs and dependability are high on your list. While new, it represents a strong value proposition against its European rivals, offering similar luxury for less money. Buying a lightly used 2023 LS 500 (perhaps one to two years old) can offer even greater value, as the steepest depreciation has already occurred, yet you still benefit from much of the original warranty and modern features. Specific trims with comfort packages, especially for rear-seat occupants, would appeal to those who are chauffeured or who frequently have passengers. For the true Lexus enthusiast, it's a testament to the brand's commitment to luxury and refinement.
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.