The 2027 Lexus RZ starts at under $50,000 with 300+ miles range

The 2027 Lexus RZ will begin arriving at dealerships early next year, with prices starting at under $50,000.

2027 Lexus RZ prices and driving range

After introducing the updated RZ last year, the electric SUV has seen significantly more demand this year.

Toyota’s luxury brand sold over 10,000 RZs through September, nearly double (+91%) the 5,340 it managed during the same period last year.

For the 2027 model year, the Lexus RZ will be available with three powertrains: 350e, 450e AWD, and 550e F Sport AWD.

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The base 350e uses a 79.6 kWh battery and a 221-horsepower front motor, delivering up to 301 miles of electric range.

Upgrading to the 450e AWD model costs an extra $3,500 and starts at $50,995. The AWD variant also uses the 79.6 kWh battery but adds a rear motor with Lexus’ DIRECT4 all-wheel-drive, delivering a combined 308 horsepower and 260 miles of range.

The top-spec Lexus RZ 550e AWD starts at $58,770. The AWD setup delivers a combined 402 horsepower, which Lexus said enables it to sprint from 0 to 60 mph in 4.2 seconds, the fastest of the lineup.

The F Sport variant is also the first to feature M Mode, an electronic system that replicates the feeling of an eight-speed manual transmission.

All variants have a built-in NACS port on the passenger side, so drivers can use Tesla Superchargers without a separate adaptor. Charging the battery from 10% to 80% takes about 30 minutes.

Inside, the RZ comes with NuLuxe-trimmed seats as standard, while the Luxury and F Sport grades have Ultrasuede-trimmed seats and laser-etched Ultrasuede door trim inserts.

All 2027 RZ models also include a heated steering wheel and heated and ventilated front seats as standard.

The 2027 RZ comes with the latest Lexus Interface multimedia system, including a 14″ navigation screen with wireless Apple CarPlay and Android Auto.

Lexus said the 2027 RZ will begin arriving at dealerships early next year. Starting at $47,495, the RZ is $7,500 more than the Tesla Model Y ($39,990), which offers up to 321 miles of range.

Which one would you choose? The Lexus RZ or the Tesla Model Y? Let us know your pick in the comments below.

With the 2027 models on the way, the best deals are likely on the outgoing version. Want to take a closer look at one? You can use the links below to see what’s available near you.