The 2027 Lexus TZ 450e will start at $64,050, including the $1,550 destination charge, giving Lexus a three-row electric SUV with a starting price closer to mainstream competitors despite its luxury positioning.
2027 Lexus TZ 450e Pricing and Power
The entry-level TZ Premium carries an MSRP that is about $3,500 higher than the Hyundai Ioniq 9’s starting price. All versions of the Lexus TZ 450e come with all-wheel drive as standard and produce 308 horsepower.
The 402-horsepower output announced earlier this year will instead be available through a dealer-installed Performance Upgrade for the Luxury trim in 2027. Lexus has not yet revealed the price of the upgrade.
With the Performance Upgrade, the TZ 450e will be capable of accelerating from zero to 60 mph in 5.2 seconds.
Lexus TZ 450e Battery and Range
The mid-level TZ Premium Touring starts at $72,050, while the flagship TZ Luxury starts at $80,550.
Both trims are equipped with a larger 95.82-kWh lithium-ion battery, compared with the 76.96-kWh battery in the base model. The Premium Touring has a manufacturer-estimated range of 315 miles.
The Luxury trim has a maximum estimated range of 279 miles on a single charge because of its larger 22-inch wheels. The base TZ Premium has a manufacturer-estimated range of 253 miles.
TZ 450e Compared With Other Three-Row EVs
The 308-horsepower output of the TZ 450e is lower than the factory horsepower figures listed for the Toyota Highlander and Subaru Getaway, two three-row EVs that share the same underlying platform as the Lexus.
The Highlander produces up to 338 horsepower, while the Getaway delivers 420 horsepower, making it the most powerful production Subaru ever.
The Lexus TZ matches the Highlander’s maximum estimated range, while Subaru says the Getaway will offer more than 300 miles.
Lexus TZ 450e Offers a Lower-Cost Luxury EV Option
On paper, the Lexus TZ does not have significant advantages over the Highlander and Getaway despite its luxury positioning. However, its starting price gives buyers an opportunity to choose a luxury three-row EV at a lower price than the TZ’s main rivals, the Cadillac Vistiq and Volvo EX90, which start in the high-$70,000 range.
The new TZ is also only about $4,000 more than the gas-powered TX 350 AWD, giving Lexus buyers the option of moving to a three-row EV without a major financial jump simply to go electric.
Availability of the TZ Premium will begin later this year, while the Premium Touring and flagship Luxury trims are scheduled to arrive in early 2027.
