Keeping the Premium in Check
Lexus has released pricing for the 2027 TZ 450e, and interestingly, despite the luxury branding, the all-electric three-row SUV is priced closer to mainstream rivals. The entry-level TZ Premium starts at $64,050, including the $1,550 destination charge. Its MSRP is only about $3,500 more than the Hyundai Ioniq 9’s starting price.
Another notable spec is that the Lexus EV – which comes with AWD as standard – will make 308 horsepower across the board, while the 402-hp output announced earlier this year will be offered through a dealer-installed Performance Upgrade for the Luxury trim in 2027, though the automaker has yet to reveal the price. The more potent upgrade will enable a zero-to-60 mph time of 5.2 seconds.
Lexus
Looking at the Specs
What makes the 308-hp output interesting is that it is lower than the factory horsepower figures in the Toyota Highlander and Subaru Getaway – two three-row EVs that share the same underlying platform as the TZ. The Highlander makes up to 338 horsepower, while the Getaway delivers 420 hp, making it the most powerful production Subaru ever.
The mid-spec TZ Premium Touring is priced at $72,050, while the flagship Luxury starts at $80,550. Both trims get a larger 95.82-kWh lithium-ion battery than the base model’s 76.96-kWh pack. The larger battery allows the Premium Touring to deliver a manufacturer-estimated range of 315 miles, though the Luxury can only run up to 279 miles on a single charge due to its larger 22-inch wheels. Meanwhile, the base trim has a manufacturer-estimated range of 253 miles.
The TZ matches the Highlander in terms of maximum estimated range, while Subaru says the Getaway will offer more than 300 miles.
Lexus
Luxury for Less
Although positioned as the luxury offering, it seems the Lexus TZ doesn’t have significant advantages over the Highlander and Getaway, at least on paper. On the bright side, prospective buyers can own a luxury EV that can be used by families at a lower starting price than the TZ’s main rivals, the Cadillac Vistiq and Volvo EX90, which start in the high-$70,000 range. Additionally, the new TZ is only about $4,000 more than the gas-fed TX 350 AWD, offering Lexus buyers a three-row EV without a huge financial jump simply to go electric.
Availability of the TZ Premium will start later this year, while the Premium Touring and flagship Luxury trims will arrive in early 2027.
Lexus
Â
