A Small Price Hike for Year Two
The eighth-generation Lexus ES landed for 2026 as a completely new sedan, shaking up the familiar formula. Gone are the days of just picking between gas and hybrid – now, buyers get an electrified lineup with the ES 350h hybrid, plus the all-electric ES 350e and ES 500e.
For 2027, the ES is largely unchanged, but the price tags have increased a bit. The hike is quite mild, really – just $105 to $110 extra, depending on the trim. And yes, those numbers already include delivery, processing, and handling.
|
Trim |
2026 MSRP |
2027 MSRP |
Difference |
|
ES 350e Premium |
$48,895 |
$49,005 |
+$110 |
|
ES 500e Premium AWD |
$51,895 |
$52,005 |
+$110 |
|
ES 350e Luxury |
$57,295 |
$57,405 |
+$110 |
|
ES 500e Luxury AWD |
$60,295 |
$60,405 |
+$110 |
|
ES 350h Premium |
$51,095 |
$51,200 |
+$105 |
|
ES 350h Premium AWD |
$52,495 |
$52,600 |
+$105 |
|
ES 350h Premium+ |
$55,895 |
$56,000 |
+$105 |
|
ES 350h Premium+ AWD |
$57,295 |
$57,400 |
+$105 |
What You Get for 2027
Not much has changed this year. The ES 350h still uses Toyota’s sixth-gen hybrid setup, with a 2.5-liter four-cylinder and electric motors making a combined 244 horsepower. Front-wheel drive comes standard, but you can get all-wheel drive if you want a rear electric motor thrown in. The FWD version gets an EPA-estimated 46 mpg combined, while the AWD drops slightly to 44 mpg.
The electric versions are back too, still packing the same 74.7-kWh battery. The ES 350e sticks with a single front motor and can go up to 307 miles on a charge, according to the EPA. If you want more power, the dual-motor ES 500e cranks out 338 horsepower and is rated for 276 miles with its standard 19-inch wheels.
Across the range, Lexus continues with a 14-inch touchscreen, 12.3-inch driver display, wireless Apple CarPlay and Android Auto, and Lexus Safety System+ 4.0. The ES 350h Premium+ also gets upgrades such as a 17-speaker, 1,800-watt Mark Levinson audio system.
Now Made in Japan
One of the bigger changes for 2027 is happening behind the scenes: the ES is now built in Japan. The last generation was made in Georgetown, Kentucky, from 2015 until earlier this year, with 438,133 units rolling out before production wrapped up. Now, all versions – the ES 350h, ES 350e, and ES 500e – are assembled at Toyota Motor Kyushu in Japan.
The ES has had a rough time in the US lately. In June 2026, sales nosedived by 89.3% year over year, dropping to just 331 units. That happened even as Lexus had its best June ever and electrified models kept gaining traction.
So, the 2027 ES shows up with a small price bump, Japanese assembly, and pretty much the same recipe as last year’s model. Lexus is hoping that a mix of hybrid efficiency, EV range, and classic luxury-sedan comfort will help the ES claw back some ground in a market that’s all about SUVs right now.
Lexus
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