The 2027 Lexus RZ will arrive at dealerships early next year with slightly higher prices and no major changes, as the luxury electric SUV continues to gain traction in the U.S. market. After facing criticism over its driving range and high starting price when it launched for the 2023 model year, the RZ has addressed some of those concerns, with sales nearly doubling over the course of 2026.

The 2027 lineup retains six variants, ranging from the front-wheel-drive RZ 350e to the performance-focused RZ 550e F Sport AWD. Although the SUV delivers the comfortable ride and build quality expected of a Lexus, its range and driving characteristics remain important considerations for buyers comparing it with electric vehicles from Tesla, Cadillac and Genesis.

2027 Lexus RZ Prices Increase Across the Lineup

Lexus has confirmed pricing for the 2027 RZ, with increases varying by trim. The entry-level RZ 350e starts at $47,495, while the range-topping RZ 550e F Sport AWD is priced at $58,770. All listed prices include the delivery fee.

The 350e Premium, 450e Premium AWD and 550e F Sport AWD receive the largest increases, each rising by $375 compared with the 2026 model. The base RZ 350e increases by just $100.

Here is how the 2027 Lexus RZ lineup compares with the previous model year:

• RZ 350e: $47,495 for 2027, compared with $47,395 for 2026.
• RZ 450e AWD: $50,995 for 2027, compared with $50,895 for 2026.
• RZ 350e Premium: $49,970 for 2027, compared with $49,595 for 2026.
• RZ 450e Premium AWD: $53,470 for 2027, compared with $53,095 for 2026.
• RZ 450e Luxury AWD: $58,495 for 2027, compared with $58,395 for 2026.
• RZ 550e F Sport AWD: $58,770 for 2027, compared with $58,395 for 2026.

Power and Range Vary by Lexus RZ Trim

The 2027 Lexus RZ lineup offers three power configurations, starting with the RZ 350e, which produces 221 horsepower and uses front-wheel drive. The RZ 450e AWD delivers 308 horsepower through a dual-motor setup, while the range-topping RZ 550e F Sport AWD produces 402 horsepower.

The RZ 550e F Sport AWD is the performance-focused option, accelerating from zero to 60 mph in 4.1 seconds. However, buyers seeking the longest driving range will find it in the base RZ 350e.

The RZ 350e can travel up to 301 miles on a full charge. At the other end of the lineup, the RZ 450e equipped with 20-inch wheels has a range of just 228 miles, highlighting the differences between configurations.

Where the 2027 Lexus RZ Falls Short

The RZ’s strongest qualities include its smooth ride, refined driving experience and high-quality construction. These characteristics help it deliver the premium feel expected from a Lexus, making it a natural option for drivers moving from the brand’s NX or RX SUVs to an electric vehicle.

However, the RZ’s driving range remains lower than that of many competitors across its trim lineup. It also lacks a genuine one-pedal-driving mode, while the performance-oriented 550e F Sport does not deliver the same level of driving excitement as the Hyundai Ioniq 5 N or Genesis GV60 Magma.

For buyers who prioritize comfort, quiet operation and build quality, the RZ has clear strengths. Those placing greater emphasis on maximum range or performance may find competing electric SUVs more appealing.

2027 Lexus RZ vs. Tesla Model Y, Cadillac Optiq and Genesis GV60

The Lexus RZ competes with several electric SUVs in a similar price range, including the Tesla Model Y, Cadillac Optiq and Genesis GV60. Each offers a different balance of luxury, performance, driving range and price.

• Tesla Model Y: $39,990–$57,990.
• Cadillac Optiq: $49,995–$67,500.
• Genesis GV60: $46,250–$69,950.

Tesla Model Y Offers More Range for Less Money

The Tesla Model Y starts at a lower price than the Lexus RZ and can travel up to 355 miles on a full charge. It is also quicker, although its cabin does not deliver the same level of luxury as the Lexus, according to the comparison.

The RZ offers a more upscale experience than the Model Y, but Tesla’s combination of lower starting prices, stronger range figures and quicker performance makes it a compelling alternative for buyers focused primarily on electric-vehicle capabilities.

For shoppers who prioritize a more luxurious atmosphere, however, the Lexus retains an advantage over the Tesla.

Cadillac Optiq Delivers More Range and Power Options

The Cadillac Optiq offers a driving range of between 250 and 317 miles, exceeding the Lexus RZ’s figures across its lineup. It also provides more standard and available power than the Lexus and is described as more engaging to drive.

With pricing that overlaps the RZ, the Optiq presents a strong alternative for buyers seeking a combination of luxury, range and performance. Its maximum range also gives it an advantage over the Lexus, particularly for drivers who want to travel farther between charges.

Genesis GV60 Brings Strong Luxury and Performance

The Genesis GV60 offers between 222 and 306 miles of range, figures that closely match those of the Lexus RZ. Its cabin can feel somewhat cramped for taller occupants, but its detailing and overall quality remain strong points.

The GV60 also offers power levels comparable to the RZ, while the high-performance GV60 Magma stands apart with 641 horsepower. The Lexus lineup has no direct counterpart to that performance-focused model.

For buyers considering the RZ primarily for its luxury credentials, the GV60 is a close competitor. Those seeking substantially higher performance may find the Magma particularly notable.

Lexus RZ Sales Nearly Double in 2026

The Lexus RZ has recorded a significant increase in sales during 2026. Lexus sold 5,340 units during the first three quarters of the previous year, compared with 10,214 units over the same period in 2026.

The increase puts the RZ within striking distance of outselling the Cadillac Optiq, although the Tesla Model Y remains well ahead of both vehicles.

The growth comes after the RZ’s initial U.S. launch for the 2023 model year, when its limited range and high pricing were among its biggest drawbacks. The model has since addressed some of those concerns, while its latest version continues with no major changes.

Is the 2027 Lexus RZ Worth Considering?

The 2027 Lexus RZ is likely to feel familiar to drivers transitioning from the NX or RX, provided they are comfortable with its more limited driving range. Its quiet cabin, comfortable ride and expected reliability reinforce its appeal as a luxury electric SUV.

For buyers already familiar with electric vehicles, however, the RZ may come across as a solid but less compelling option. It does not establish a clear advantage in any single area of the segment, while rivals offer longer range, lower starting prices or more performance in certain configurations.

With prices starting at $47,495 and reaching $58,770, the 2027 Lexus RZ remains an option for shoppers who value the brand’s luxury experience. Its competitors deserve consideration for buyers whose priorities lean more heavily toward range, speed or overall electric-vehicle capability.