The 2024 Lexus LS 500 is the pinnacle of Lexus's luxury sedan offerings, representing the fifth generation of the LS line, which debuted in 1989. This full-size luxury sedan is available in a single body style, the LS 500, and has seen continuous evolution since its introduction. Key trims are typically based on drivetrain, with the RWD and AWD configurations. Pricing for the 2024 LS 500 starts in the mid-$80,000s. It stands out for its serene ride, opulent interior, and advanced technology, making it a compelling choice for those seeking refined comfort and sophisticated style.
The Good
The 2024 LS 500 excels in delivering a supremely comfortable and quiet ride, robust reliability, and a beautifully crafted interior. Its potent twin-turbo V6 engine offers effortless power, while the elegant design appeals to both aesthetic desires and practical considerations for a discerning driver.
The Bad
Potential weaknesses to watch out for in the 2024 Lexus LS 500 include its infotainment system's touchpad interface, which can be finicky for some users. Additionally, while comfortable, its performance isn't as sharp or engaging as some sport-oriented rivals.
2024 Lexus LS 500: Quick Overview
- Engine Options: The 2024 Lexus LS 500 is powered exclusively by a 3.5-liter twin-turbocharged V6 engine.
- Horsepower: This V6 engine produces 416 horsepower.
- Torque: It generates 442 lb-ft of torque.
- Transmission: A 10-speed automatic transmission is standard.
- Drivetrain: Available in Rear-Wheel Drive (RWD) and All-Wheel Drive (AWD).
- Fuel Economy (EPA Estimated):
- RWD: Approximately 17 mpg city / 27 mpg highway / 21 mpg combined.
- AWD: Approximately 17 mpg city / 25 mpg highway / 20 mpg combined. - 0-60 mph Times:
- RWD: Around 4.5 seconds.
- AWD: Around 4.8 seconds. - Towing Capacity: The Lexus LS 500 is not designed for towing; therefore, towing capacity is not applicable.
- Key Trim-Level Features (LS 500):
The LS 500 comes very well-equipped as standard, with key features including:
- LED headlights, taillights, and daytime running lights.
- 19-inch alloy wheels (20-inch wheels optional).
- Power-adjustable heated and ventilated front seats with lumbar support.
- Perforated semi-aniline leather-trimmed interior.
- Lexus Interface with 12.3-inch touchscreen display.
- Apple CarPlay® and Android Auto™ compatibility.
- Navigation system.
- Premium audio system.
- Dual-zone automatic climate control with rear vents.
- Power tilt-and-telescopic steering wheel with memory.
- Lexus Safety System+ 2.5 (includes Pre-Collision System with Pedestrian Detection, Lane Departure Alert with Steering Assist, All-Speed Dynamic Radar Cruise Control, and Intelligent High Beams).
- Blind Spot Monitor with Rear Cross-Traffic Alert.
- Backup camera.
- Lexus Enform Safety Connect and Service Connect.
- Smart Access with keyless entry and push-button start.
- Power door closers.
- Panoramic view monitor.
- Rain-sensing wipers.
- Auto-dimming rearview mirror and side mirrors.
- Ambient interior lighting.
- Power rear sunshade.
Optional packages and standalone options allow for further customization, including enhanced comfort seating, premium Mark Levinson audio, a head-up display, and adaptive variable suspension.
2024 Lexus LS 500 Specifications
Vehicle Information
| Year | 2024 |
| Make | Lexus |
| Model | LS 500 |
| Trim | - |
| Style | - |
| Type | Sedan |
| Category | Minicompact Car |
Manufacturing Details
| Made In | Japan |
| Manufacturing City | TAHARA |
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) | $83,475 USD |
| Invoice Price | - |
| Delivery Charges | $1,350 USD |
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What Problems Does the 2024 Lexus LS 500 Have?
As a newer model year, the 2024 Lexus LS 500 has not accumulated extensive long-term reliability data or frequently reported issues. However, drawing from previous model years of the current generation (starting with the 2018 model year), certain patterns or potential concerns can be noted. Generally, Lexus vehicles, including the LS, are renowned for their exceptional reliability, and this generation has largely continued that legacy.
Some owners in previous model years have reported minor issues with the infotainment system, particularly the touchpad controller, which can be less intuitive than touchscreen interfaces for some. While not a widespread problem, occasional glitches or slow response times have been mentioned. Another area, though less common, might involve the adaptive variable suspension system if not properly maintained, though this is a complex system that is generally robust.
Recalls for the LS 500 are typically addressed by Lexus promptly and are often minor in nature, relating to software updates or specific component checks. For the 2024 model year specifically, any official recalls would be issued by the manufacturer and communicated to owners. It is always advisable for owners to check the National Highway Traffic Safety Administration (NHTSA) website or contact a Lexus dealership for the most up-to-date recall information pertaining to their specific vehicle.
In terms of long-term reliability concerns, the powertrain (the 3.5L twin-turbo V6 and 10-speed automatic) has proven to be very durable in previous iterations. The interior materials are also of high quality, suggesting good wear resistance. The primary areas to focus on for long-term care would be regular scheduled maintenance as recommended by Lexus, including fluid changes, filter replacements, and tire rotations. Paying attention to the brakes and suspension components, especially if driving in harsh conditions, will also contribute to longevity. Overall, the 2024 LS 500 is expected to uphold Lexus's reputation for dependability, with issues, if any, likely to be minor and easily rectified through routine servicing.
Some owners in previous model years have reported minor issues with the infotainment system, particularly the touchpad controller, which can be less intuitive than touchscreen interfaces for some. While not a widespread problem, occasional glitches or slow response times have been mentioned. Another area, though less common, might involve the adaptive variable suspension system if not properly maintained, though this is a complex system that is generally robust.
Recalls for the LS 500 are typically addressed by Lexus promptly and are often minor in nature, relating to software updates or specific component checks. For the 2024 model year specifically, any official recalls would be issued by the manufacturer and communicated to owners. It is always advisable for owners to check the National Highway Traffic Safety Administration (NHTSA) website or contact a Lexus dealership for the most up-to-date recall information pertaining to their specific vehicle.
In terms of long-term reliability concerns, the powertrain (the 3.5L twin-turbo V6 and 10-speed automatic) has proven to be very durable in previous iterations. The interior materials are also of high quality, suggesting good wear resistance. The primary areas to focus on for long-term care would be regular scheduled maintenance as recommended by Lexus, including fluid changes, filter replacements, and tire rotations. Paying attention to the brakes and suspension components, especially if driving in harsh conditions, will also contribute to longevity. Overall, the 2024 LS 500 is expected to uphold Lexus's reputation for dependability, with issues, if any, likely to be minor and easily rectified through routine servicing.
How long will the 2024 Lexus LS 500 last?
Based on Lexus's strong reputation for reliability and the general performance of its flagship sedans, the 2024 Lexus LS 500 is expected to offer excellent long-term durability, with many owners comfortably reaching 150,000 to 200,000 miles or more with proper maintenance. Consistent adherence to Lexus's recommended service schedule, including timely oil changes, filter replacements, and fluid checks, is crucial. The twin-turbo V6 engine and 10-speed automatic transmission are robust and have a proven track record. Potential weaknesses over time might include the complex electronic systems and the adaptive suspension, but these are generally reliable when maintained. The interior, known for its luxury materials, should hold up well, though minor wear on high-contact surfaces is normal. Ultimately, the LS 500 is built to last, offering a dependable ownership experience for many years.
What Technology & Safety Features are Included?
The 2024 Lexus LS 500 is equipped with a sophisticated suite of technology, entertainment, and advanced safety features designed to enhance convenience, connectivity, and occupant protection.
Tech and Entertainment: At the heart of the cabin is the Lexus Interface system, featuring a large 12.3-inch high-definition touchscreen display. This system supports wireless Apple CarPlay® and Android Auto™ integration, allowing seamless access to your smartphone's apps, navigation, and media. Standard audio is provided by a premium sound system, but an optional Mark Levinson® 23-speaker, 2,300-watt Quantum Logic® immersion audio system elevates the listening experience to an audiophile level. Other standard tech features include a navigation system, Bluetooth® connectivity, SiriusXM® satellite radio, and multiple USB ports.
Driver-Assistance and Safety Features: The 2024 LS 500 comes standard with Lexus Safety System+ 2.5, a comprehensive package of active safety technologies. This includes:
In addition to the standard suite, optional features further enhance safety and convenience, such as a Head-Up Display (HUD) that projects key information onto the windshield, a Panoramic View Monitor for enhanced parking visibility, and front and rear parking sensors. Blind Spot Monitor with Rear Cross-Traffic Alert is also standard, providing crucial awareness of surrounding vehicles.
Crash-Test Ratings: While specific crash-test ratings for the 2024 model year may not be fully released by organizations like the NHTSA or IIHS until later in the year, the LS 500 generally performs very well in safety assessments. Previous generations of the LS have earned top marks in crashworthiness tests, and Lexus typically engineers its vehicles to achieve excellent safety ratings.
Tech and Entertainment: At the heart of the cabin is the Lexus Interface system, featuring a large 12.3-inch high-definition touchscreen display. This system supports wireless Apple CarPlay® and Android Auto™ integration, allowing seamless access to your smartphone's apps, navigation, and media. Standard audio is provided by a premium sound system, but an optional Mark Levinson® 23-speaker, 2,300-watt Quantum Logic® immersion audio system elevates the listening experience to an audiophile level. Other standard tech features include a navigation system, Bluetooth® connectivity, SiriusXM® satellite radio, and multiple USB ports.
Driver-Assistance and Safety Features: The 2024 LS 500 comes standard with Lexus Safety System+ 2.5, a comprehensive package of active safety technologies. This includes:
- Pre-Collision System with Pedestrian Detection: Detects vehicles and pedestrians and can automatically apply the brakes if a collision is imminent.
- Lane Departure Alert with Steering Assist: Warns the driver if the vehicle drifts out of its lane and can provide minor steering correction.
- All-Speed Dynamic Radar Cruise Control: Maintains a set speed and distance from the vehicle ahead, even in stop-and-go traffic.
- Intelligent High Beams: Automatically switches between high and low beams based on traffic conditions.
- Lane Tracing Assist: Helps keep the vehicle centered in its lane.
In addition to the standard suite, optional features further enhance safety and convenience, such as a Head-Up Display (HUD) that projects key information onto the windshield, a Panoramic View Monitor for enhanced parking visibility, and front and rear parking sensors. Blind Spot Monitor with Rear Cross-Traffic Alert is also standard, providing crucial awareness of surrounding vehicles.
Crash-Test Ratings: While specific crash-test ratings for the 2024 model year may not be fully released by organizations like the NHTSA or IIHS until later in the year, the LS 500 generally performs very well in safety assessments. Previous generations of the LS have earned top marks in crashworthiness tests, and Lexus typically engineers its vehicles to achieve excellent safety ratings.
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 LS 500 Prices and Market Value
The 2024 Lexus LS 500 has an original MSRP starting in the mid-$80,000s, with prices escalating with optional packages and AWD. On the used market, one-year-old LS 500 models can be found at a significant discount, often in the low to mid-$70,000s, reflecting typical luxury vehicle depreciation. Lexus vehicles, in general, hold their value exceptionally well compared to many other luxury brands. The LS 500 benefits from Lexus's strong reputation for reliability and build quality, which contributes to robust resale values. Factors affecting resale value include mileage, condition, maintenance history, and the desirability of specific features or option packages. Well-maintained LS 500 models with desirable options will command higher prices on the pre-owned market.
2024 Lexus LS 500 Cost of Ownership
The 2024 Lexus LS 500 is a luxury sedan, and as such, its long-term ownership costs are generally higher than those of a mainstream vehicle. Insurance premiums will likely be substantial due to its high value and performance. Fuel costs will depend on driving habits and the estimated 17-20 mpg combined rating, making it moderately economical for its class. Maintenance costs, while potentially higher than average due to specialized fluids and components, are often mitigated by Lexus's renowned reliability, meaning fewer unexpected repairs. Repair costs for specialized parts or complex systems can be significant. Overall, the LS 500 is a costly vehicle to own and operate, reflecting its premium positioning.
2024 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
2024 Lexus LS 500 Safety Rating
NHTSA
2024 Lexus LS 500 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 LS 500 Insurance
Insurance for a 2024 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 2024 Lexus LS 500 Compare to Other Sedan?
The 2024 Lexus LS 500 competes in the highly competitive full-size luxury sedan segment against formidable rivals such as the BMW 7 Series, Mercedes-Benz S-Class, and Audi A8.
Performance: The LS 500's 416-hp twin-turbo V6 offers strong acceleration and a refined power delivery. While excellent for comfortable cruising, it doesn't quite match the outright dynamic prowess of some German rivals. The BMW 7 Series and Mercedes-Benz S-Class often offer more engaging driving dynamics and a wider range of potent engine options, including high-performance V8s and plug-in hybrids. The Audi A8 also provides a very smooth and powerful ride.
Features: Lexus excels in standard features, often equipping the LS 500 with luxury and safety amenities that are optional on its competitors. The interior is meticulously crafted with high-quality materials. However, the German rivals might offer slightly more advanced infotainment systems or cutting-edge technology first. The LS 500's infotainment touchpad, while improved, can still be a point of contention compared to the more intuitive touchscreens or rotary controllers of competitors.
Reliability: This is where the LS 500 shines. Lexus has a legendary reputation for reliability and build quality, consistently outperforming its German counterparts in long-term dependability studies. While the German sedans are luxurious and advanced, they can sometimes be more expensive to maintain over the long haul due to more complex systems and potentially higher repair costs.
Price: The LS 500 typically comes in at a slightly lower starting price than its direct German competitors, especially when considering the standard equipment included. This offers a compelling value proposition for buyers prioritizing luxury and reliability.
Recommendations:
- Similar Alternatives: If you appreciate the LS 500's emphasis on comfort and reliability but want a slightly different flavor, the Genesis G90 is an excellent alternative, offering striking design and impressive value. The Cadillac CT6 (though discontinued in some markets, finding used models) also offered a compelling blend of luxury and performance.
- Better Alternatives (depending on priorities): If driving dynamics and the latest bleeding-edge technology are paramount, the BMW 7 Series or Mercedes-Benz S-Class might be preferred, though expect higher ownership costs and potentially lower long-term reliability ratings. The Audi A8 offers a balanced blend of comfort, technology, and performance, making it a strong contender.
Performance: The LS 500's 416-hp twin-turbo V6 offers strong acceleration and a refined power delivery. While excellent for comfortable cruising, it doesn't quite match the outright dynamic prowess of some German rivals. The BMW 7 Series and Mercedes-Benz S-Class often offer more engaging driving dynamics and a wider range of potent engine options, including high-performance V8s and plug-in hybrids. The Audi A8 also provides a very smooth and powerful ride.
Features: Lexus excels in standard features, often equipping the LS 500 with luxury and safety amenities that are optional on its competitors. The interior is meticulously crafted with high-quality materials. However, the German rivals might offer slightly more advanced infotainment systems or cutting-edge technology first. The LS 500's infotainment touchpad, while improved, can still be a point of contention compared to the more intuitive touchscreens or rotary controllers of competitors.
Reliability: This is where the LS 500 shines. Lexus has a legendary reputation for reliability and build quality, consistently outperforming its German counterparts in long-term dependability studies. While the German sedans are luxurious and advanced, they can sometimes be more expensive to maintain over the long haul due to more complex systems and potentially higher repair costs.
Price: The LS 500 typically comes in at a slightly lower starting price than its direct German competitors, especially when considering the standard equipment included. This offers a compelling value proposition for buyers prioritizing luxury and reliability.
Recommendations:
- Similar Alternatives: If you appreciate the LS 500's emphasis on comfort and reliability but want a slightly different flavor, the Genesis G90 is an excellent alternative, offering striking design and impressive value. The Cadillac CT6 (though discontinued in some markets, finding used models) also offered a compelling blend of luxury and performance.
- Better Alternatives (depending on priorities): If driving dynamics and the latest bleeding-edge technology are paramount, the BMW 7 Series or Mercedes-Benz S-Class might be preferred, though expect higher ownership costs and potentially lower long-term reliability ratings. The Audi A8 offers a balanced blend of comfort, technology, and performance, making it a strong contender.
Final Verdict: Is the 2024 Lexus LS 500 a Good Sedan?
The 2024 Lexus LS 500 is ideally suited for the discerning buyer who prioritizes a serene and supremely comfortable driving experience, impeccable build quality, and legendary Lexus reliability above all else. It's for those who appreciate understated luxury and advanced safety features without necessarily demanding the absolute sharpest handling.
It is absolutely worth buying, especially if long-term ownership peace of mind is a significant factor. The LS 500 offers excellent value in the luxury sedan segment, often providing more standard equipment than its German rivals for a comparable or lower price.
Buying new offers the latest technology and full warranty coverage. However, purchasing a lightly used LS 500 (one to three years old) can present exceptional value, as it allows you to benefit from the initial depreciation while still acquiring a vehicle that is exceptionally reliable and feels virtually new. Any trim level offers a luxurious experience, but considering the standard features, even the base LS 500 is highly equipped.
It is absolutely worth buying, especially if long-term ownership peace of mind is a significant factor. The LS 500 offers excellent value in the luxury sedan segment, often providing more standard equipment than its German rivals for a comparable or lower price.
Buying new offers the latest technology and full warranty coverage. However, purchasing a lightly used LS 500 (one to three years old) can present exceptional value, as it allows you to benefit from the initial depreciation while still acquiring a vehicle that is exceptionally reliable and feels virtually new. Any trim level offers a luxurious experience, but considering the standard features, even the base LS 500 is highly equipped.
Jovan
Jovan specializes in interpreting vehicle records and making sense of VIN data. With over 10 years of experience in the automotive data industry, his work ensures that every report is clear, accurate, and useful for car buyers.