Considering the undeniable benefits that hybrid technology can bring to all segments of the industry, it comes as no surprise to see so many manufacturers implement electric power into their SUVs. Designed with both practicality and comfort in mind, the performance benefits alongside the overall drivability improvements that hybrid powertrains can offer make them too enticing to ignore.
Due to their increased complexity, hybrids typically cost more than their gas-powered counterparts. But with all the standout improvements across the board, it isn’t usually difficult to justify the increase in price. When entering the luxury segment, however, prices can rise even more, which is what happens with Lexus.
In recent years, Lexus’ electrified fleet has grown into one of the most expansive in the industry. At the top of Lexus’ SUV range is the brand-new TX full-size SUV, which comes in two different hybrid 500h versions. The most expensive of the two is the F Sport Performance Luxury AWD, which, in 2024, will be ahead of the rest in terms of price. Here’s an in-depth look at Lexus’ flagship hybrid SUV.
In order to give you the most up-to-date and accurate information possible, the data used to compile this article was sourced from various manufacturer websites and other authoritative sources, including fueleconomy.gov and CarBuzz.
2024 Lexus TX: A Comprehensive Guide On Features, Specs, And Pricing
Sharing its platform with the Grand Highlander, find out how the all-new Lexus TX three-row mid-size SUV distinguishes itself from its Toyota sibling
The 2024 Lexus T500h F Sport Performance Luxury Is The Most Expensive Hybrid SUV
Due to being founded as the luxury division of Toyota, it’s more than expected for Lexus to be considerably more expensive across the board compared to most Japanese automakers. Despite being a part of the Toyota Motor Corporation, the two brands operate independently of each other, allowing Lexus to become one of the best luxury carmakers in 2024.
Crossover SUVs, whether compact or full-size, have gained unbelievable traction in recent years. For Lexus, the TX model leads the charge in the full-size crossover segment, being the only model to offer three rows. While available as either a gas-powered, hybrid, or plug-in hybrid, the 500h Performance Luxury AWD hybrid model stands out not only among the brand’s fleet but also the entire industry by being the most expensive luxury hybrid SUV on sale in 2024.
Starting At $72,650
For the 2024 Lexus 500h Performance Luxury AWD, pricing starts at $72,650 and tops out at $76,585 when adding the available options. The top-spec 500h model offers few optional features but plenty of standard inclusions to make sure the class-leading price tag is more than worth it.
Compared To The F Sport Performance Premium Trim
In 2024, the Performance Luxury AWD isn’t the only TX 500h trim available; you also get the option for the Performance Premium AWD trim which starts at a slightly lower $69,350. The two variants of the TX 500h are mechanically identical, but share some differences regarding the standard technology and interior finishes. Both exceed the latest standards for a luxury SUV, but the small changes for the 500h Performance Luxury AWD end up making a noticeable difference.
Lexus SUVs: Pricing, Features, And Fuel Economy
Lexus SUVs are renowned for comfort, luxury, and efficiency with two all-new models joining the lineup in 2024 to offer even more choice to buyers
The Lexus T500h F Sport Performance Luxury Is Powered By A 2.4-Liter Engine
In terms of the combustion engine under the hood of the 2024 Performance Luxury AWD, you get a 2.4-liter turbocharged inline-four, which also comes with the TX 350 gas-only trims. However, with the hybrid TX 500h models, two electric motors are added to both axles of the luxury SUV, simultaneously boosting the power output while providing the unique benefits of all-wheel-drive.
Producing A Net Combined 366 Horsepower
The 2.4-liter inline-four engine produces 275 horsepower and 317 pound-feet of torque by itself. While these numbers are enough to give the gas-powered car a spring in its step, the TX 500h models use an 81 horsepower electric motor up front and a 101 horsepower motor at the rear, giving the hybrid SUV a net combined power output of 366 horsepower along with 406 pound-feet of torque.
2024 Lexus TX 500h Performance Luxury AWD Performance Specifications
|
Engine |
2.4-liter Turbocharged Inline-Four with Dual Electric Motors |
|
Transmission |
6-Speed Automatic |
|
Horsepower |
366 HP |
|
Torque |
406 LB-FT |
|
Driveline |
AWD |
|
0-60 MPH |
6.1 Seconds |
|
Top Speed |
112 MPH |
|
Towing Capacity |
5,000 lbs |
|
Payload Capacity |
1,367 lbs |
|
Fuel Economy |
27 MPG Combined |
(Specs sourced from Lexus)
This amount of power gives the 2024 TX 500h Performance Luxury AWD rapid performance, powering from 0 to 60 miles per hour in 6.1 seconds. Due to being more torque-focused, the full-size SUV also offers solid towing capabilities, with a maximum towing capacity of 5,000 pounds. Also fitted with adaptive variable suspension, the SUV does its best to reduce body lean to improve overall comfort.
Coming With All-Wheel-Drive As Standard
As suggested by its name, the 2024 TX 500h Performance Luxury AWD sends power to all four wheels using the DIRECT4 all-wheel-drive system. This cutting-edge system utilizes a high-output electronic axle, constantly monitoring how much power needs to be sent to each wheel depending on your input. By putting the larger electric motor at the rear, the 2024 TX 500h Performance Luxury AWD gains even more towing performance through the slight rear bias in power.
Due to being the largest SUV that Lexus offers in 2024, the TX 500h Performance Luxury AWD doesn’t manage to offer the same fuel economy as the brand’s smaller models. However, despite being all-wheel-drive, the hybrid powertrain still manages to offer an EPA-estimated 27 MPG combined, earning the accolade of being a super ultra-low emissions vehicle.
Every Lexus SUV Model Ranked By Reliability
Lexus is known for borrowing Toyota’s legendary reliability, and despite a perceived level of reliability across its lineup, not every model is equal.
It Comes With All The Essential Technology
While the powertrain is incredibly important for delivering a smooth, luxurious ride, it’s inside the cabin where the experience will be made. For the 2024 TX 500h Performance Luxury AWD, Lexus makes sure to deliver on just about every front, combining high-quality materials with cutting-edge technology throughout.
An Intuitive Cabin Layout
The 2024 TX 500h Performance Luxury AWD features a driver-focused cabin, giving you, as the driver, the most efficient access to the SUV’s features. The 14-inch touchscreen provides a clear view, especially when using the Cloud navigation system. Behind the wheel, you also get a 12.3-inch multi-information display, putting all the essential information right in front of you.
Wireless Apple CarPlay and Android Auto come as standard, along with voice commands to streamline the infotainment settings as much as possible. Further standard interior technology includes thematic ambient illumination, equipped with custom lighting themes to suit the current environment.
For the TX 500h Performance Luxury AWD trim, you also get genuine leather-upholstered seats as standard, a feature which isn’t available on the 500h Performance Premium AWD model (NuLuxe synthetic leather comes with the Premium trim). You also get the heated F SPORT leather-trimmed steering wheel as standard, along with heated and ventilated front seats.
Ample Driver Assistance Features
As is the case with most new Lexus models for 2024, the TX 500h Performance Luxury AWD comes equipped with Lexus Safety System+ 3.0, which includes the following:
- Pre-collision system with pedestrian detection and intersection support
- Lane tracing assist
- Lane departure alert with steering assist
- Road sign assist
- All-speed dynamic radar cruise control with curve speed management
- Intelligent high beams
Best Large Luxury SUVs Of 2024 Ranked By Reliability
If you are hauling a family around, you certainly do not want to break down. Let’s dive into the best large SUVs ranked by reliability for 2024.
What The T500h F Sport Performance Luxury Goes Up Against In 2024
As the 2024 TX 500h Performance Luxury AWD sits alone at the top of the segment in terms of pricing, there aren’t many full hybrid models that manage to come too close to the Lexus. However, there are still cheaper large hybrid SUVs that deserve just as much consideration.
The 2024 Kia Sorento Hybrid SX Prestige
The 2024 Kia Sorento Hybrid SX Prestige costs $42,790, considerably less than the TX 500h Performance Luxury AWD. One major difference between the Lexus and the Kia is the powered output, with the Sorento Hybrid producing 227 horsepower and 258 pound-feet of torque.
Inside, the 2024 Sorento Hybrid SX Prestige is closer to the quality of the Lexus, with genuine leather-trimmed seats. As standard, you get a heated steering wheel and a third seating row. The second-row seats are also heated, which is an optional feature on the 2024 TX 500h Performance Luxury AWD.
The 2025 Hyundai Santa Fe Hybrid Calligraphy
Another larger hybrid SUV that comes with a third row as standard is the 2025 Hyundai Santa Fe Hybrid. Receiving a major update for the 2025 model year, the Santa Fe Hybrid has been reinstated as a leading model in the segment, with the top-spec Calligraphy trim starting at $47,000.
The 2025 Hyundai Santa Fe Hybrid Calligraphy brings the model closer to the Lexus, offering genuine Nappa leather-trimmed seats throughout. Also coming with heated front and rear seats as well as a leather-wrapped steering wheel, the Santa Fe Hybrid’s update makes it one of the most attractive choices if you’re looking for a luxury feel at a more affordable price.
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