LM350h Sports Luxury FWD
$163,700 +ORC
- Powertrain
- 2.5L four-cylinder petrol hybrid (134kW engine)
- Fuel use
- 5.5L/100km
- Power
- 184kW (system)
Lexus
2026 Lexus LM
Luxury people mover
On sale nowHybrid
From $163,700 plus on-road costs
The LM is Lexus's flagship people mover, built around the rear passengers rather than the driver.
From$163,700+ORC
Fuel use5.5 to 6.6 L/100 km
Power184 to 273 kW
Seats4 to 7
Warranty5 yrs / unlimited km
CarTell take
We haven't driven the LM yet. On paper, decide early between seven seats (LM350h) and the four seat Ultra Luxury, which trades the third row for the full executive lounge. Prices rose slightly from July 2026, so confirm the current list price with your dealer.
Why consider it
- Chauffeur grade rear cabin in a sliding door body, with claimed hybrid fuel use of 5.5L/100km to 6.6L/100km, remarkable for something 5130mm long.
What to know
- At $163,700 to $223,810 plus on-roads it is a lot of money for a vehicle with obvious Toyota Alphard roots, and the third row in seven seat versions is less plush than the first two.
Efficiency, charging and ownership
The numbers that matter day to day.5.5 to 6.6 L/100 km
Claimed fuel use
Combined cycle.
5 yrs / unlimited km
Warranty
Grades and pricing
3 grades for Australia, plus on-road costs.| Grade | Price from | Powertrain | Fuel use | Power | Key differences |
|---|---|---|---|---|---|
| LM350h Sports Luxury FWD | $163,700 +ORC | 2.5L four-cylinder petrol hybrid (134kW engine) | 5.5L/100km | 184kW (system) | |
| LM350h Sports Luxury AWD | $168,700 +ORC | 2.5L four-cylinder petrol hybrid (134kW engine) | 5.6L/100km | 184kW (system) | |
| LM500h Ultra Luxury | $223,810 +ORC | 2.4L turbo petrol hybrid | 6.6L/100km | 273kW (system) |
LM350h Sports Luxury AWD
$168,700 +ORC
- Powertrain
- 2.5L four-cylinder petrol hybrid (134kW engine)
- Fuel use
- 5.6L/100km
- Power
- 184kW (system)
LM500h Ultra Luxury
$223,810 +ORC
- Powertrain
- 2.4L turbo petrol hybrid
- Fuel use
- 6.6L/100km
- Power
- 273kW (system)
Practicality and safety
4 to 7 seats
Seating
Not ANCAP rated
Safety rating. No Australian crash rating for this model yet
FWD or AWD
Drivetrain
Top rivals
Look at the alternatives if you need towing, off-road ability or real driver engagement, or a top spec Kia Carnival would cover your needs for a fraction of the price.
Frequently asked questions
How much is the 2026 Lexus LM in Australia?
The LM350h Sports Luxury is $163,700 in FWD form and $168,700 with AWD. The four seat LM500h Ultra Luxury is $223,810. All prices are plus on-road costs.
How many seats does the Lexus LM have?
The LM350h Sports Luxury seats seven across three rows. The LM500h Ultra Luxury seats four, with a partition and executive rear lounge in place of the third row.
How fuel efficient is the Lexus LM?
Claimed combined figures are 5.5L/100km for the LM350h FWD, 5.6L/100km for the AWD and 6.6L/100km for the turbo LM500h, all on premium unleaded.
The Lexus LM in full
The LM is Lexus's flagship people mover, built around the rear passengers rather than the driver. Three versions run from $163,700 to $223,810 plus on-roads, with seven seats in the LM350h and a four seat lounge in the LM500h Ultra Luxury. On paper nothing else on sale in Australia does this job at this level.
From$163,700+ORC
View grades