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Lexus · Flagship luxury MPV · MPV

Lexus LM — price 2026, specs, on-road price & review

The Lexus LM is Lexus India's flagship luxury MPV, built as a private lounge on wheels with a 2.5-litre hybrid, AWD and a choice of a 7-seat VIP layout (₹2.15 crore) or a 4-seat Ultra Luxury configuration with a fridge and privacy partition (₹2.69 crore), both ex-showroom. Euro NCAP rates the global LM at 5 stars.

Ex-showroom price
₹2.15 crore – ₹2.69 crore
Delhi, 2 Nov 2026 · on-road Hyderabad est. ₹2.60 crore+
Fuel / drive
Hybrid
CVT, AWD (E-Four)
Waiting period
Ask dealer
On sale since
2024-10
Second generation (2024–), CBU import

Updated 2 Nov 2026 · Facts from 4 official sources listed below · Opinion is Auto Grid's own.

Variants & Ex-showroom Prices

Lexus LM Variants and Prices in India

VariantEx-showroom (Delhi)
350h 7-Seater VIPHybrid · e-CVT₹2.15 crore
350h 4-Seater Ultra LuxuryHybrid · e-CVTOne Autocar India report cites a higher ₹2.75 crore figure for this top variant; Lexus's own official model page lists ₹2,69,23,000, used here as the primary figure.₹2.69 crore

Ex-showroom prices exclude registration, insurance and road tax; on-road price in Hyderabad is typically 12–18% higher. Source: Lexus official price list, read 2 Nov 2026.

What you actually pay

Lexus LM On-Road Price in Hyderabad (Estimate)

Indicatively ₹2.60 crore – ₹3.37 crore on-road in Hyderabad for the base to top variant, built from the ex-showroom price plus Telangana life tax, first-year comprehensive insurance, registration and the road-safety cess.

ComponentBase variantTop variant
Ex-showroom (Delhi)₹2.15 crore₹2.69 crore
Telangana life tax (18%–21%)₹38.77 lakh – ₹45.23 lakh₹48.46 lakh – ₹56.54 lakh
Insurance, 1st year comprehensive (2.5–4%)₹5.38 lakh – ₹8.62 lakh₹6.73 lakh – ₹10.77 lakh
Registration + ₹5,000 road-safety cess + handling~₹6,000~₹6,000
On-road, Hyderabad (indicative)₹2.60 crore – ₹2.69 crore₹3.24 crore – ₹3.37 crore

Estimate, not a quote: life-tax slabs as published for private cars in Telangana (13% under ₹5 lakh, 14% to ₹10 lakh, 17–18% to ₹20 lakh, 18–21% above; 2% extra on a second car in the same name); the ₹5,000 road-safety cess applies from 1 March 2026; insurance varies with add-ons. Searching the LM price in Bangalore, Chennai, Kerala, Delhi, Mumbai? Ex-showroom is near-identical nationwide; on-road differs by each state’s road tax.

Lexus LM Mileage (Claimed)

PowertrainFuelLexus claimed figure
2.5L hybridHybrid · CVT, AWD (E-Four)13.68 kmpl (WLTP-claimed)

Manufacturer-claimed (ARAI / MIDC cycle where applicable); city driving in Hyderabad traffic typically returns 20–30% less.

Engines, Motors & Gearboxes

LM Powertrain Options

2.5L hybrid

Fuel
Hybrid
Displacement
2487 cc
Power
~250 hp (combined)
Torque
242 Nm @ 4300-4500 rpm (engine)
Transmission
CVT, AWD (E-Four)
Claimed efficiency
13.68 kmpl (WLTP-claimed)

Dimensions & Practicality

Length
5125 mm
Width
1890 mm
Height
1940 mm
Wheelbase
3000 mm
Seating
7

Feature List

Lexus LM Features (from Lexus’s official specification)

Safety

  • 10 airbags
  • Lexus Safety System+ — pre-collision system with automatic braking
  • ABS with EBD
  • Electronic stability control
  • Traction control
  • ISOFIX mounts
  • 360° camera, parking sensors and TPMS
  • Hill-hold control
  • 5-star Euro NCAP (global LM)

Comfort & Convenience

  • 4-zone climate control
  • Heated, ventilated and massaging rear seats
  • Fold-out tables
  • Twin-panel fixed glass roof
  • Power sliding doors
  • Fridge and dimming privacy partition (4-Seater Ultra Luxury only)

Technology

  • 14-inch touchscreen infotainment
  • 48-inch rear entertainment display
  • 23-speaker Mark Levinson audio system
  • Wireless Apple CarPlay and Android Auto
  • Rear voice-control system

Exterior

  • Spindle-grille design with chrome detailing
  • U-shaped LED tail-lamp bar
  • 19-inch alloy wheels
  • Roof spoiler

The Auto Grid Review

Lexus LM Review: Our Verdict

4.4/ 5 · Auto Grid Editorial

The LM is the Lexus we install the fewest of, and every one that comes in is treated like a private jet cabin on wheels — because that's exactly the brief it's built to. The 4-Seater Ultra Luxury's fridge and privacy partition tell you who's riding in the back, not driving, so our focus is entirely on keeping the body panels and the rear doors' powered mechanisms untouched rather than the usual stone-chip zones. The 48-inch rear screen and 23-speaker Mark Levinson system are the most expensive single components we've ever had to mask off during a job. At this price, a scratch isn't a cosmetic issue — it's a five-figure repair conversation.

What we like

  • +5-star Euro NCAP rating on the global LM — a genuine, citable result unlike most other Lexus models sold here
  • +Private-jet-level rear cabin — fridge, privacy partition and a 48-inch screen on the Ultra Luxury
  • +Lexus's reliability reputation over equivalent German or Japanese luxury MPVs
  • +Power sliding doors and a 7-seat VIP layout for larger entourages

What we’d change

  • –No official ARAI mileage figure — only a WLTP-claimed 13.68 kmpl
  • –Boot space is not officially published for the 7-seat configuration
  • –Exterior colour options are not published by Lexus India
  • –No dated India waiting-period survey exists yet

Is the LM right for you? Seven driver personalities, scored

Find the row that sounds like your driving life — that is the verdict that matters for you.

City Commuter

10–30 km a day through traffic

A 5.1-metre, chauffeur-focused MPV built around the rear cabin is the wrong tool for self-driven city commuting.

Highway Cruiser

ORR laps and expressway weekends

The hybrid's refinement and a genuinely isolated cabin make it a smooth, quiet long-distance cruiser for whoever's in the back.

Family First

Four or five aboard, school runs to road trips

The 7-Seater VIP layout suits a large family or entourage, with a rare 5-star Euro NCAP rating behind it, though at a price point few families will consider.

Driving Enthusiast

Cares how it steers, not just how it looks

This is not a driver's vehicle in any sense — it's built entirely around the rear cabin.

First-Car Buyer

Budget-conscious and resale-aware

At over ₹2.15 crore and built entirely around a chauffeured rear cabin, this is nobody's first car.

Chauffeur-Driven Executive

Judged from the rear seat

This is precisely what the LM is built for — a private, isolated rear cabin with a fridge, a 48-inch screen and genuine four-zone comfort for the person being driven.

Weekend Explorer

Ghats, dirt tracks and monsoon roads

A flagship luxury MPV built for a lounge-like rear cabin and shod with road-biased tyres has no business leaving tarmac.

Paint Protection

PPF for the Lexus LM: What We Install and Why

Where it takes damage

The U-shaped LED tail-lamp bar and the powered sliding doors' tracks are the most expensive, hardest-to-replace elements on the car, while the front bumper takes the usual highway stone chips.

Our recommendation

AG1 Square full body is the only sensible choice at this price point, with careful masking around the powered sliding-door mechanisms and the rear light bar.

Coverage

Full body standard, with focused protection on the rear light bar and sliding-door edges.

Lexus LM vs Vellfire

Cross-shopped against: Mercedes-Benz V-Class, Toyota Vellfire.

ModelSegmentEx-showroomFuelWaiting periodAuto Grid rating
Lexus LMFlagship luxury MPV₹2.15 crore – ₹2.69 croreHybrid—4.4 / 5
Toyota VellfireLuxury hybrid MPV₹1.20 crore – ₹1.30 croreStrong hybrid3–4 months4.5 / 5

BYD

eMAX 7

MPV

₹27.90 lakh – ₹29.90 lakhex-showroom

BYD's 6- or 7-seat electric MPV runs a 71.8 kWh Blade LFP battery with a 163-204 PS front motor and up to 530 km claimed range, offered in Comfort and Superior trims from ₹27.90 lakh to ₹29.90 lakh ex-showroom.

ElectricCarTrade's dealer-aggregated price/booking…

Kia

Carens

MPV

₹11.12 lakh – ₹12.12 lakhex-showroom

The Kia Carens is Kia's entry three-row MPV, now pared back to two trims — Premium (O) petrol and a factory-fitted Premium (O) CNG — with a 1.5L petrol engine, 6 airbags standard and 60:40 split second-row seats. It sits below the newer Carens Clavis in Kia's MPV line-up, priced roughly ₹11.1 lakh to ₹12.1 lakh ex-showroom.

Petrol · CNGNo waiting period as of the August 2025 survey

Kia

Carens Clavis

MPV

₹11.21 lakh – ₹21.79 lakhex-showroom

The Kia Carens Clavis is Kia's main three-row MPV, offered with a 1.5L petrol (6MT), a 1.5L turbo-petrol (6iMT/7-speed DCT), a 1.5L diesel (6MT/6AT) and a factory CNG option, with up to ADAS Level 2 (20 features), a Dual Pane Panoramic Sunroof and 6/7-seat layouts. Kia's trim ladder runs from HTE to GTX+, priced roughly ₹11.2 lakh to ₹21.8 lakh ex-showroom.

Petrol · Diesel · CNG1 month as of the August 2025 survey

Kia

Carens Clavis EV

MPV

₹18.04 lakh – ₹25.00 lakhex-showroom

The Kia Carens Clavis EV is India's first mass-market electric MPV, a direct EV conversion of the Carens Clavis with a 171 PS motor, 42 kWh/51.4 kWh battery options, ADAS Level 2 and a 5-star Bharat NCAP rating. Priced roughly ₹18 lakh to ₹25 lakh ex-showroom, with a Battery-as-a-Service option from ₹12.88 lakh.

Electric1 month as of the August 2025 survey

Maruti Suzuki

Ertiga

MPV

₹8.90 lakh – ₹13.14 lakhex-showroom

The Maruti Suzuki Ertiga is a seven-seat compact MPV sold through Arena with a 1462 cc K15C Smart Hybrid petrol (5MT or 6AT) and a K15C S-CNG. Six airbags, ESP and hill descent control are listed on every variant. It is India’s best-selling MPV, popular with large families and fleet operators alike.

Petrol · CNGQuickest in Chennai, Jaipur, Lucknow

Maruti Suzuki

Invicto

MPV

₹25.02 lakh – ₹28.70 lakhex-showroom

The Maruti Suzuki Invicto is a premium three-row MPV sold through NEXA, built with Toyota on the Innova Hycross platform. It uses a 1987 cc petrol strong hybrid with e-CVT rated at 22.16 km/l, seats seven or eight, and holds a Bharat NCAP score of 30.43/32 adult. It is the most expensive Maruti on sale and offers a panoramic sunroof and powered tailgate.

Petrol strong hybrid

FAQs

Lexus LM: Questions Buyers Ask

Lexus prices the LM from ₹2.15 crore for the 350h 7-Seater VIP to ₹2.69 crore for the 350h 4-Seater Ultra Luxury, ex-showroom (as of November 2026).

Yes — the global-spec Lexus LM 350h has been rated 5 stars by Euro NCAP, a genuinely citable result that most other Lexus models sold in India currently lack.

The 7-Seater VIP is built for larger groups, while the 4-Seater Ultra Luxury trades two seats for a fridge, a dimming privacy partition between the front and rear cabins, and an even more lounge-like rear layout.

Lexus has not published a separate ARAI-certified figure; Autocar India cites a WLTP-claimed 13.68 kmpl for the 2.5-litre hybrid powertrain.

Both are built on related Toyota platforms with sliding doors and a lounge-style rear cabin, but the LM sits well above the Vellfire on price and adds Lexus-level materials, a 23-speaker Mark Levinson system and, on the Ultra Luxury grade, a fridge and privacy partition the Vellfire doesn't offer.

Yes. Lexus India has sold the LM since October 2024, currently in 350h 7-Seater VIP and 4-Seater Ultra Luxury forms.

Given the cost of its rear light bar and powered sliding doors, we recommend a full-body AG1 Square film with careful attention to the door-edge and sliding-track areas.

Indicatively ₹2.60 crore–₹3.37 crore on-road in Hyderabad: ex-showroom ₹2.15 crore–₹2.69 crore (Delhi, 2 Nov 2026) plus Telangana life tax (18%–21%), first-year insurance and registration. Dealer quotes vary with insurance add-ons and accessories.

The top variant is the 350h 4-Seater Ultra Luxury (Hybrid, e-CVT) at ₹2.69 crore ex-showroom Delhi; the base model is the 350h 7-Seater VIP (Hybrid, e-CVT) at ₹2.15 crore. 2 variants in all, as of 2 Nov 2026.

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Sources

Specifications and prices are the manufacturer’s published figures on the dates shown and can change without notice; confirm with your dealer before paying. Spotted an error? Tell us on WhatsApp — we fix data the same day.