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How much does the Lexus RX Hybrid cost in today's market?
Used Lexus RX Hybrid prices span a wide range depending on model year. Here's what the market looks like right now:
| Model Year | Current Avg. Price | Year-Round Range |
|---|---|---|
| 2025 | $69,775 CAD | $67,181 CAD – $81,489 CAD |
| 2024 | $61,877 CAD | $61,350 CAD – $66,372 CAD |
| 2023 | $56,610 CAD | $55,520 CAD – $61,403 CAD |
| 2022 | $48,090 CAD | $47,737 CAD – $52,314 CAD |
| 2021 | $43,535 CAD | $43,535 CAD – $50,818 CAD |
The Lexus RX Hybrid's current nationwide average price is $59,161 CAD, and its lowest point over the past year was $57,475 CAD.
Recently, prices have come down for the 2023, 2024, and 2025 models, making now a good time to shop recent model years.
Is the Lexus RX Hybrid a good car?
Yes — the Lexus RX Hybrid is a strong choice if you want luxury, comfort, and a refined hybrid SUV experience.
The all-generations owner rating is 4.61/5 across every model year in the data.
Owners consistently praise its comfortable ride, smooth performance, and reliability, along with its fuel economy and stylish design. Recent model-year feedback also points to a quiet, tech-rich cabin and a premium overall feel.
Expert reviews rate the 2026 and 2023 models among the highest across all years.
The main trade-offs are a firmer ride in some versions, power delivery that can feel less lively than some rivals, and steering-wheel controls that can be distracting.
24.3% of listings are priced as good or great deals.
Are Lexus RX Hybrid models reliable?
Owners consistently praise the Lexus RX Hybrid for its comfort, smooth performance, and reliability. Expert feedback also reinforces its premium feel, refined cabin, and strong overall polish.
- Owners rate the Lexus RX Hybrid between 4.67 and 5.0 out of 5 stars across all model years in the data.
For used buyers, long-term ownership risk looks manageable if you choose a well-kept example with a clean service history and verify that the hybrid system and electronics operate as intended.
What should I look for when buying a used Lexus RX Hybrid?
Key things to evaluate:
- Fuel efficiency: Natural Resources Canada rates it at 8.7 litres per 100 kilometres in city driving, 8.4 on the highway, and 8.6 combined.
Which Lexus RX Hybrid trim should I buy?
The 2026 Lexus RX Hybrid offers these trims:
- RX 500h F Sport Performance: This is the performance-focused trim, with a turbocharged 2.4-litre four-cylinder hybrid system, 366 horsepower, standard adaptive dampers, rear-axle steering, and larger front brakes. It suits you if you want the most power and the most distinctive driving hardware in the lineup.
What Lexus RX Hybrid do most buyers choose?
The Lexus RX Hybrid years with the most listings are 2024, 2023, and 2025.
| Model Year | Total Listings | Good + Great Deals % |
|---|---|---|
| 2024 | 120 | 27.5% |
| 2023 | 116 | 29.3% |
| 2025 | 104 | 25% |
| 2022 | 71 | 32.4% |
| 2026 | 53 | 24.5% |
| 2021 | 26 | 30.8% |
These higher-volume years tend to be the easiest places to shop because you get more inventory to compare and a better chance of finding the colour, trim, and price combination you want.
What is the Lexus RX Hybrid's resale value?
| Model Year | Current Avg. Price | Year-Over-Year Change |
|---|---|---|
| 2025 | $69,775 CAD | −10.57% |
| 2023 | $56,610 CAD | −7.71% |
| 2021 | $43,535 CAD | −7.13% |
| 2024 | $61,877 CAD | −5.54% |
| 2022 | $48,090 CAD | −0.86% |
Most model years in this set have moved lower year over year, which is good news if you are shopping used. The sharpest drops are on the newer models, while the older entries show smaller declines.
The 2022 model year is holding steady, with prices close to flat year-over-year.
The 2022, 2024, and 2021 model years have held their value best, with the smallest year-over-year price changes.
Is the Lexus RX Hybrid safe?
- 2026: 7/10
- 2025: 6/10
- 2023: 8/10
Lexus equips the RX 500h with its Lexus Safety System+ 3.0 suite of active safety features.
For the safest used buy, the 2023 model posts the highest confirmed score of 8/10.
Should I buy a used Lexus RX Hybrid now or wait for the next model?
Buy now if:
- Price trend: The 2025 model is at −10.57% versus a year ago, and the 2024 model is at −5.54%.
- Deal availability: The 2025 model has 25% good and great deals, and the 2024 model has 27.5%.
- Sweet-spot year: The 2024 model has the most listings at a current average price of $61,877 CAD. The Lexus RX Hybrid offers a quiet, premium cabin with a comfort-first character that makes it easy to live with every day.
Consider waiting if:
- Powertrain/efficiency: The RX 500h uses a turbocharged 2.4-litre four-cylinder, 271 horsepower from the engine, and 95 hp from two electric motors, with a 5.9-second 0-96 km/h time and fuel consumption rated at 8.7 litres per 100 kilometres in city driving, 8.4 on the highway, and 8.6 combined.
- Tech: The latest model includes a 12.3-inch digital instrument cluster, a 14-inch touchscreen, wireless Apple CarPlay and Android Auto, Lexus Intelligent Assist, and wireless phone charging.
- Safety: The latest model adds Lexus Safety System+ 3.0 with forward collision warning, automatic emergency braking with pedestrian detection and intersection assist, adaptive cruise control, lane keep assist, high beam assist, traffic sign recognition, and emergency steering assist.
- Starting price: The RX 500h F Sport Performance starts at $85,419 CAD including destination.
If you're buying used today, the 2024 model year offers the best mix of value and availability. If you want the latest tech and features, it may be worth waiting for the next model year's inventory to build up.
These recommendations are based on CarGurus' proprietary market data from October 6, 2026, CarGurus experts' opinions, and generative AI.
4.7 Overall rating
Customers say
The Lexus RX Hybrid has consistently impressed owners across various model years for its luxurious comfort, smooth performance, and reliability. Drivers particularly appreciate its fuel economy and stylish design, making it a popular choice among luxury hybrid SUVs. However, some have expressed concerns about the higher price point, lack of certain technology features, and occasional sluggishness in power delivery compared to rivals.
AI generated from the text of customer reviews.
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What people say
Kevin H
Reviewed a 2024 Lexus RX Hybrid on Feb 26, 2026
High level of technology, great on gas, and beautiful to look at. Sporty reliable and luxurious
Anonymous
Reviewed a 2024 Lexus 500h F Sport Performance AWD on Sep 11, 2024
I love this model. Awesome, Hi-tech, Thrilling and hugs the curves.
Anonymous
Reviewed a 2024 Lexus RX Hybrid on Sep 14, 2024
very quiet, premium materials, and very comfortable ride. Would recommend premium trim level, HUD has learning curve.
Lexus RX Hybrid Trims
| Trim type | MSRP |
|---|---|
| 2026 350h Executive AWD | -- |
| 2026 500h F Sport Performance AWD | $66,900 |
| 2026 500h F Sport Black Line AWD | -- |
| 2026 350h Ultra Luxury AWD | -- |
| 2026 350h Premium AWD | $55,700 |
| 2026 350h Luxury AWD | $64,245 |
| 2026 450h+ Ultra Premium AWD | -- |
| 2026 350h AWD | $53,525 |
Lexus RX Hybrid Price Trends
CarGurus tracks the prices of millions of car listings every year. See how the average price of prices has changed over time.
See more price trendsLexus RX Hybrid Pricing Analysis
Pricing Analysis by Model Year
Key Insights
- New-Car Premium: The 2026 model year shows an average price of $70,532 CAD, indicating a significant premium over the starting MSRP of $53,525 CAD.
- Steepest Depreciation: The 2015 model year has experienced the steepest depreciation at -62.1%, highlighting the rapid value loss for older models.
- Years Priced Above Starting MSRP: The 2026, 2025, 2024, and 2023 model years are all priced above their starting MSRPs, reflecting strong demand for newer models.
Model Year Pricing
| Model Year | Starting MSRP | Avg Price | Avg Price vs Starting MSRP |
|---|---|---|---|
| 2026 | $53,525 CAD | $70,532 CAD | +31.8% |
| 2025 | $51,125 CAD | $59,957 CAD | +17.3% |
| 2024 | $50,750 CAD | $55,844 CAD | +10.0% |
| 2023 | $49,400 CAD | $51,069 CAD | +3.4% |
| 2022 | $48,720 CAD | $43,062 CAD | -11.6% |
| 2021 | $47,920 CAD | $39,159 CAD | -18.3% |
| 2020 | $46,800 CAD | $36,212 CAD | -22.6% |
| 2019 | $46,245 CAD | $31,853 CAD | -31.1% |
| 2018 | $45,895 CAD | $29,359 CAD | -36.0% |
| 2017 | $53,035 CAD | $26,884 CAD | -49.3% |
| 2016 | $52,235 CAD | $24,071 CAD | -53.9% |
| 2015 | $47,620 CAD | $18,041 CAD | -62.1% |
Pricing by Popular Canadian Cities
Market Area: Nationwide
Key Insights
- Highest-Price Market: Edmonton, AB has the highest average price at $66,953 CAD, indicating a premium market for the Lexus RX Hybrid.
- Best Value: Calgary, AB offers the lowest average price at $43,396 CAD, presenting a more affordable option for shoppers.
- Inventory Drives Stability: Toronto, ON leads with 88 total listings, suggesting a stable market presence and potentially better availability.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Toronto, ON | 88 | $52,055 CAD |
| Vancouver, BC | 66 | $47,602 CAD |
| Montreal, QC | 39 | $53,720 CAD |
| Ottawa, ON | 32 | $48,499 CAD |
| Calgary, AB | 29 | $43,396 CAD |
| Edmonton, AB | 25 | $66,953 CAD |
| London, ON | 22 | $52,762 CAD |
| Winnipeg, MB | 11 | $52,593 CAD |
Pricing by Trim Packages
Key Insights
- Volume Leader: The 350h AWD trim leads with 60 listings, indicating strong demand for this configuration.
- Premium Spread: The 500h F Sport Performance AWD trim has the highest MSRP at $66,900 CAD, reflecting its premium features and performance.
- Drivetrain Effect: All trims feature an AWD drivetrain, which may contribute to their appeal in various Canadian climates.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| 350h AWD | 60 | $53,525 CAD | AWD | 2.5L 246 hp I4 Hybrid |
| 350h Premium AWD | 28 | $55,700 CAD | AWD | 2.5L 246 hp I4 Hybrid |
| 500h F Sport Performance AWD | 10 | $66,900 CAD | AWD | 2.4L 366 hp I4 Hybrid |
| 350h Luxury AWD | 9 | $64,245 CAD | AWD | 2.5L 246 hp I4 Hybrid |
These recommendations are based on CarGurus' proprietary market data from October 6, 2026, CarGurus experts' opinions, and generative AI.
Lexus RX Hybrid test drive
overall

The 2026 Lexus RX 500h F Sport Performance uses hybrid technology to achieve power similar to the turbocharged six-cylinder engines of class leaders, but it gets only moderately better fuel economy.
Buyers have high expectations of luxury crossovers. They want arresting design, comfortable interiors, the latest technology, and powerful engines. Several automakers employ turbocharged six-cylinder engines to get that power, but Lexus is going a different way with its most potent RX model, the RX 500h F Sport Performance. It still uses a turbocharger but also employs hybrid technology to boost power and cut acceleration times while improving fuel economy. It’s one of two 2026 Lexus RX Hybrid models, along with the tamer RX 350h.
Verdict: The RX 500h F Sport Performance may be the most powerful RX, but it’s not as powerful or quick as most rivals. Despite the F Sport badge, there isn’t much real “sport” to be had. While it does have good fuel economy ratings, we found them hard to match in the real world.
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