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2024 Lexus TX Pricing Revealed: Is This Deluxe Toyota Highlander Worth It?

2024 Lexus TX 55 photos
Photo: Lexus / autoevolution edit
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If you want a brand-new family SUV that's not all-electric yet or a hardcore off-roader, you might put the Lexus TX on your list. The pricing information is out, so now Americans can decide. Will Lexus' offer be good enough, or shall they look elsewhere? Let's dive in and find out together.
Crossovers and SUVs that pride themselves in having an improved ride height and some more cabin space are what people want nowadays. The customer always has the last word (with some exceptions, of course), so Lexus did what it was obligated to do – give the buyer another SUV.

But instead of trying to fight Rivian's R1S, Tesla's Model X, or Kia's EV9, the Japanese auto brand decided to stick with fossil fuel-powered drivetrains. Not giving EVs a proper chance may prove an unwise decision, given that gas is pretty pricey in some parts of the US. Still, it could pay off. Problems with fast-charging networks and the novelty EVs bring to the table are still negative factors that new car buyers point out when deciding whether to go on the zero-tailpipe emission route or stick with gas-powered vehicles.

If you're among those in need of a new family hauler, the Lexus TX is here to convince you that it should be in your driveway. With restrained styling, three rows of seats, decent cargo space, interesting powertrain choices, and a familiar yet contemporary interior, the vehicle is shaping up as a very attractive offer.

Couple all that with the renowned Japanese dependability and the fact that it's made in the US, and you almost have a winner.

2024 Lexus TX official introduction
Photo: Lexus

Looking at the official numbers

But cars cost money, and things are not looking very good for our current economy. So, let's see what damage a spanking-new TX will inflict on your finances.

Lexus offers an interesting selection of powertrains. Depending on the preferred trim, customers can enjoy a 2.4-liter four-cylinder with 275 hp, a 2.4-liter hybrid with 366 hp, and a 3.5-liter V6 with 406 hp that's part of a plug-in hybrid assembly, which means you'll enjoy around 33 miles of pure EV driving.

The TX 350 opens the list with all the basics and costs $55,050 in front-wheel-drive form. If you want to send power to all the wheels, add another $1,600.

Next up is the TX 350 Premium. This trim adds a panoramic glass roof, heated and ventilated front seats, and power-folding third-row seats. The MSRP is $58,450 or $60,050 if you want it with all-wheel drive.

2024 Lexus TX official introduction
Photo: Lexus
The TX 350 Luxury offers a better experience with its semi-aniline leather-trimmed seats, heated second-row seats, and thematic ambient lighting. It has a starting price of $60,950. Just like with the other two trims, all-wheel drive costs $1,600 extra.

Dads and moms who like to spice things up a bit can pick the TX 500H F Sport Performance Premium. It has adaptive variable suspension and all-wheel drive. It's going to be a tough choice, though! Its MSRP is $69,350.

The king of the castle is the TX 500H F Sport Performance Luxury that adds a heated steering wheel, perforated leather-trimmed interior, and a 21-speaker Mark Levinson sound system. The price tag says $72,650, and we now want to start looking elsewhere.

We're nearing BMW and Mercedes-Benz territory at this point. The X5 and the GLE may not have seating for seven, but they're part of an upper echelon and offer a different driving experience plus extra social prestige.

Shaping our mobility's destiny

All the above figures do not include handling, so throw in an extra $1,350 for good measure.

2024 Lexus TX official introduction
Photo: Lexus
The first thing that comes to mind is Toyota's Highlander. It just happens to be a three-row SUV and the muse that led to the creation of the Lexus TX. Its starting MSRP for the L trim is $36,620. However, nobody wants to take an "L" (thank Gen Z for that), so we're moving upwards. The LE trim looks pretty at just $39,020, while the XLE is already winking at us with its $42,020 base cost.

But wait a minute! There's a Mazda CX-90 in town. Its starting cost is $39,595. Another Japanese brand is screaming from the other side of the room to take a look at its lineup, and, after making sure we're seeing clearly, there it was – the Honda Pilot with its V6 engine and a starting price of $37,090.

It might be challenging to settle for the Lexus badge and an in-line four-cylinder powerplant when two rivals offer an in-line six-banger and a V6 mill for their entry-level units. But it's not always about the engine. Customers might also want that specific styling and comfort only a Lexus can offer.

It will be complicated to figure out which vehicle is the best bang for your buck. But, at the end of the day, it's up to you to decide. The great thing is that we have many choices regarding three-row SUVs that aren't priced above the $100,000 threshold.
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About the author: Florin Amariei
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Car shows on TV and his father's Fiat Tempra may have been Florin's early influences, but nowadays he favors different things, like the power of an F-150 Raptor. He'll never be able to ignore the shape of a Ferrari though, especially a yellow one.
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