The Lexus RX 350h is one of the most popular hybrid luxury midsize SUVs, combining efficient hybrid power (246 net combined horsepower from a 2.5L inline-4 engine and electric motors), excellent fuel economy (EPA-estimated 37 city/34 highway/36 combined mpg), standard all-wheel drive (AWD), and Lexus’s renowned comfort, reliability, and luxury features.
As of January 2026, the 2026 Lexus RX 350h has been released with minor updates, including a standard wireless phone charger across all trims and the option for an Appearance Package on select F SPORT models. However, these changes come with a modest price increase compared to the 2025 model year.
Key Pricing Comparison (MSRP, Including $1,450 Destination Charge)
Here’s a breakdown of starting MSRPs for the main RX 350h trims (all with standard AWD):
- 2025 RX 350h:
- Base (Standard): ~$52,875
- Premium: ~$55,125
- Premium+: ~$58,615
- Higher trims (e.g., Luxury, F SPORT): Up to ~$62,745+
- 2026 RX 350h:
- Base (Standard): $53,475
- Premium: $55,650
- Premium+: $59,140
- Luxury: $64,195
- F SPORT Design: $57,980 (and other variants)
The price difference is approximately $500–$600 across most trims, with the base model seeing a $600 increase (from around $52,875 to $53,475). Higher trims like Premium+ show similar modest hikes of around $525.
This adjustment aligns with broader industry trends, including inflation and supply chain costs, but Lexus has kept the destination fee unchanged at $1,450 for both years. Note that actual transaction prices can vary: 2025 models may still be available at dealers with discounts or incentives (sometimes $1,000–$2,000 below MSRP), while 2026 models are newer and typically closer to sticker price initially.
Why the Slight Price Increase?
Lexus made small enhancements for 2026, such as:
- Wireless phone charging now standard on all RX models (a convenience upgrade many buyers appreciate).
- Minor refinements to the lineup, though no major redesign or powertrain changes occurred.
The RX 350h remains a strong value in the luxury hybrid segment, especially compared to competitors like the BMW X5 xDrive45e or Mercedes-Benz GLE 450e, which often start higher. The hybrid system delivers smooth, quiet performance with strong efficiency for daily driving.
Should You Buy a 2025 or Wait for 2026?
- Go for a remaining 2025 RX 350h if you find good deals — the differences are minimal, and you could save hundreds (or more) on leftover inventory.
- Choose the 2026 for the latest features (like the standard wireless charger) and full warranty coverage from day one.
Prices exclude taxes, title, license, and dealer fees, which vary by location. For the most accurate quotes, check with a local Lexus dealer or use tools like Lexus.com’s build-and-price configurator.
The RX 350h continues to be a top choice for those seeking luxury, efficiency, and peace of mind — the modest year-over-year increase hasn’t changed its status as a bestseller. If you’re shopping in early 2026, compare current incentives on both model years to get the best deal!
