Lexus delivers significant ownership cost savings with new RZ pricing

19 January 2026
  • Revised pricing brings the new Lexus RZ within the reach of more customers and reduces day-to-day running costs
  • Adjustment brings all RZ 350e models below the new proposed electric vehicle “expensive car” threshold for Vehicle Excise Duty
  • Changes will yield reductions in monthly PCP payments and potential tax savings for business motorists

The seamless performance, luxury and ownership rewards of the new Lexus RZ battery electric SUV are being made available to a wider range of customers with a new pricing. The changes will also deliver ongoing savings in ownership costs to make the recently launched model an even stronger proposition.

Significantly, the new RZ range now provides six model options – the entire RZ 350e front-wheel drive line-up – priced below the new proposed £50,000 Expensive Car Supplement threshold for Vehicle Excise Duty. This is due to come into effect on 1 April, but will be backdated to 1 April 2025, so vehicles purchased now will qualify for the new rate when it comes into effect. When launched, the exemption will save owners £425 in VED costs each year from their second to sixth year of vehicle ownership.

In addition to this benefit, monthly PCP payments for new vehicles will decrease and it is anticipated that customers who pay BIK company car tax will also enjoy a reduction in their annual bill.

The RZ has been a consistently strong performer in Lexus’s growing electrified model range, its appeal strengthened by a programme of significant technology and performance enhancements introduced in autumn 2025. Today’s RZ benefits from a comprehensively revised powertrain and higher capacity battery that deliver both an extended driving range and faster, consistent charging performance.

In addition, increased body rigidity, retuned suspension and an evolution of Lexus’s DIRECT4 all-wheel drive system contribute to greater driving rewards, handling poise and ride comfort.

Throughout, the new RZ continues to exemplify Lexus’s signature takumi hand-crafted luxury and omotenashi hospitality principles to create an ideal on-board experience for driver and all passengers alike.

New pricing

On-the-road prices for the new RZ 350e and RZ 500e have been reduced by up to 14 per cent; pricing for the new F Sport 550e and F Sport Takumi 550e is unchanged. Details of the full model range are shown below. The pricing is effective from 2 February; all existing orders for the models will be transferred to the new prices.

ModelGradeOTR priceChange vs previous OTR price
RZ 350ePremium 18in wheel£48,365.00-10%
RZ 350ePremium 20in wheel£48,565.00-12%
RZ 350ePremium Plus 18in wheel£49,365.00-11%
RZ 350ePremium Plus 18in wheel bi-tone£49,615.00-12%
RZ 350ePremium Plus 20in wheel£49,565.00-12%
RZ 350ePremium Plus 20in wheel bi-tone£49,815.00-14%
RZ 500ePremium 18in wheel£56,295.00-4%
RZ 500ePremium 20in wheel£56,595.00-5%
RZ 500e Premium Plus 18in wheel£57,795.00-4%
RZ 500e Premium Plus 18in wheel bi-tone         £58,045.00-5%
RZ 500e Premium Plus 20in wheel£58,095.00-5%
RZ 500e Premium Plus 20in wheel bi-tone£58,345.00-6%
RZ 500eTakumi£62,595.00-5%
RZ 500eTakumi bi-tone£62,845.00-6%
RZ 550eF Sport£67,795.000%
RZ 550eF Sport Takumi£69,995.000%
RZ 550eF Sport bi-tone£68,895.000%
RZ 550eF Sport Takumi bi-tone£71,095.000%

Peace-of-mind Lexus warranty

Customers choosing a new RZ also have the peace of mind of Lexus’s comprehensive new car warranty, supported by award-winning customer service.

All new vehicles are sold with a manufacturer’s warranty for three years or up to 60,000 miles and an additional battery warranty for eight years or up to 100,000 miles. Once the new vehicle warranty has expired, owners can receive an additional 12 months/10,000-mile warranty every time their vehicle is serviced at an authorised Lexus workshop, until the car is 10 years old or has covered 100,000 miles. Full terms and conditions can be found at www.lexus.co.uk/owners/warranty.

ENDS

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Lexus delivers significant ownership cost savings with new RZ pricing

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