Lexus, known for its luxurious design, exceptional reliability, and cutting-edge technology, is often viewed as a premium choice in the automotive market. But for budget-conscious buyers, the question arises: What is the cheapest Lexus model available? In this detailed guide, we’ll explore the entry-level options in Lexus’ current lineup, compare them based on price, features, and value, and help you decide which model offers the best bang for your buck without compromising on the brand’s signature quality and sophistication.
Understanding Lexus: Luxury Without the Exorbitant Price Tag
Lexus is Toyota’s luxury vehicle division, and it was established in 1989 with a mission to rival global luxury brands like Mercedes-Benz, BMW, and Audi. Over the decades, Lexus has become a favorite among drivers who prioritize comfort, dependability, and a refined driving experience. While it sits comfortably within the luxury niche, many of its models are surprisingly accessible in terms of pricing.
If you’re ready to step into the Lexus brand but want to do so without breaking the bank, it’s essential to know which model fits that “most affordable” tag.
2024 Lexus Pricing: Entry-Level Overview
Let’s begin by looking at the most affordable models in the Lexus lineup for 2024:
- Lexus UX 200 / UX 250h – Starting around $36,000 / $39,000
- Lexus NX 250 / NX 350h – Starting around $39,000 / $43,500
- Lexus RX 350 / RX 350h – Starts above $50,000
- Lexus ES 250 / ES 300h – Starts around $41,000 / $43,500
From this list, it’s clear that the Lexus UX 200 emerges as the least expensive model in the brand’s new vehicle lineup for 2024. But let’s dig deeper to understand the full context.
The Contender: Lexus UX — Compact, Efficient, and Affordable
The Lexus UX made its debut in 2019 as a luxury subcompact SUV aimed at younger buyers and urban commuters. It competes directly with vehicles like the BMW X1, Audi Q3, and Mercedes-Benz GLA. It’s built on Toyota’s TNGA platform, which enhances handling, safety, and fuel efficiency.
The UX comes in two trims:
- Lexus UX 200 – Gasoline engine
- Lexus UX 250h – Hybrid-electric system
The UX 200, powered by a 2.0-liter inline-four gasoline engine, is the most budget-friendly option.
UX 200 Price Breakdown (Estimated MSRP for 2024)
| Trim | Starting MSRP | Engine | Transmission | Fuel Economy (City/Hwy/Combined) |
|---|---|---|---|---|
| Lexus UX 200 | $35,600 | 2.0L Inline-4 | Direct Shift Continuously Variable Transmission (CVT) | 29/36/32 MPG |
| Lexus UX 250h | $38,800 | 2.0L Hybrid System | Electronic Continuously Variable Transmission (ECVT) | 41/38/40 MPG |
Keep in mind that these prices may vary slightly depending on location, taxes, and the level of optional equipment.
Features You Get with the Lexus UX 200
The UX 200 offers a compelling blend of standard features, proving that affordability doesn’t mean compromise:
- 10-way power-adjustable heated front seats
- 8-inch touchscreen display with Apple CarPlay and Android Auto
- HD Radio and Bluetooth connectivity
- Lexus Enform Connect
- Dual-zone automatic climate control
- Lexus Safety Sense 2.0 (LSS+ 2.0), including features like adaptive cruise control, lane departure alert, and automatic emergency braking
Interior quality is typical of Lexus’ high standards—premium materials, excellent noise insulation, and a refined cabin feel. That’s quite impressive for an entry-level luxury model.
UX 200 vs. UX 250h: Which One is Better for You?
While the UX 200 is the cheapest option, many shoppers wonder if the slightly more expensive hybrid version is worth the jump in cost. Here’s a quick apples-to-apples comparison:
| Feature | UX 200 | UX 250h |
|---|---|---|
| Starting Price | $35,600 | $38,800 |
| Engine | 2.0L I4 Gas | 2.0L Hybrid |
| Power Output | 168 HP | 181 HP |
| Acceleration (0-60 mph) | ~8.5 seconds | ~8.3 seconds |
| Fuel Economy | 29/36/32 MPG | 41/38/40 MPG |
| Electric Range | N/A | Very Limited (Hybrid Assistance Only) |
If you drive mainly in urban settings or do a lot of highway commuting, the UX 250h’s remarkable fuel economy can offer long-term savings that offset the increased initial purchase price.
Why the UX Stands Out Among Entry-Level Luxury SUVs
Let’s not forget the competition. In the subcompact luxury crossover segment, you’re looking at strong alternatives from other premium automakers:
Head-to-Head: Lexus UX vs. Competitors
| Model | Starting MSRP | Engine | Horsepower | Fuel Economy (Combined) | Key Features |
|---|---|---|---|---|---|
| Lexus UX 200 | $35,600 | 2.0L Inline-4 | 168 HP | 32 MPG | Hybrid option, standard AWD, premium interior |
| Mercedes-Benz GLA 250 | $38,750 | 2.0L Turbo Inline-4 | 221 HP | 32 MPG | AMG Line, MBUX infotainment, turbo power |
| Audi Q3 | $37,900 | 2.0L Turbo Inline-4 | 201 HP | 29 MPG | Audi Virtual Cockpit, quattro AWD |
| BMW X1 sDrive28i | $37,550 | 2.0L Turbo Inline-4 | 241 HP | 30 MPG | Available xDrive, agile handling |
As the table shows, the Lexus UX 200 starts at the lowest MSRP of the bunch and is competitive in fuel economy, features, and all-wheel drive capability (standard, unlike in competitors’ base models). While its engine power is on the lower side, the UX compensates with refinement, fuel efficiency, and less depreciation than its European rivals.
New vs. Certified Pre-Owned: Finding Even More Value
If you’re looking to spend even less than the new vehicle MSRP, consider purchasing a Certified Pre-Owned (CPO) Lexus UX 200 model. CPO models often come with warranties, rebates, and lower financing options.
Benefits of Purchasing a Certified Pre-Owned Lexus
- Comprehensive inspection (161+ points)
- Extended warranty coverage (up to 6 years/70,000 miles)
- Transferable warranty
- Lower depreciation vs. new models
- Loaner vehicle eligibility
With financing incentives, you can often land a late-model CPO UX for under $32,000 depending on location and dealership stock.
Is the UX 200 the Right Luxury SUV for You?
Here’s a quick rundown of who the UX 200 is ideal for:
Ideal UX 200 Buyer Profile
- Looking for an affordable entry into luxury ownership.
- Values fuel efficiency and reliability over high performance.
- Prioritizes a premium interior with advanced safety systems.
- Enjoys the benefits of all-wheel drive, standard in all UX models.
- Shopping for a compact crossover with strong resale value.
On the flip side, drivers who want strong power or athletic driving dynamics might prefer the turbo options found in the Bimmer or Benz, albeit at a higher cost.
Exploring Other Budget-Friendly Lexus Models
While the UX 200 is the cheapest new Lexus model, the brand offers a few other compelling entry-level options that are close in price and may better suit your lifestyle.
2024 Lexus ES 250
The Lexus ES sedan lineup starts with the ES 250, which features a 2.5L inline-four gas engine. While more expensive than the UX 200 (MSRP ~$41,200), it still represents an attractive price point for luxury sedan lovers.
2024 Lexus NX 250
The NX is a step above the UX in both size and price. Starting around $38,800 (NX 250 trim), the NX 350 is powered by a turbocharged 2.4L inline-four with 275 HP and a 22 MPG city/29 MPG highway rating.
2024 Lexus GS (Phasing Out)
Note that the Lexus GS sedan is no longer in production as of 2021, so budget shoppers may still find older models on the used market.
Tips for Buying the Cheapest Lexus Model
If cost is the number one factor for your purchase, consider the following tips:
1. Shop Toward the End of the Year
Dealerships are eager to clear out inventory of the current model year, leading to better sales, discounts, and rebates on vehicles.
2. Explore CPO and Used Inventory
As mentioned, buying a Certified Pre-Owned Lexus UX can save thousands off MSRP while still offering peace of mind.
3. Negotiate Smartly
Use resources like Edmunds, Kelley Blue Book (KBB), and TrueCar to get a ballpark figure for a fair price in your area.
4. Be Flexible with Trim Choices
The base models (UX 200, NX 250, ES 250) come very well equipped. Avoid unnecessary add-ons or trim upgrades until you’ve compared total cost.
5. Take Advantage of Lexus’ Generous Warranty
Lexus provides one of the best warranties in the business—4 years/50,000 miles bumper-to-bumper and 6 years/70,000 miles for powertrain coverage. This adds long-term value.
Beyond the Price Tag: What You Get with Lexus Ownership
It’s easy to get bogged down looking at sticker prices, but Lexus ownership offers long-term benefits that often outweigh the initial cost:
1. Exceptional Reliability
Lexus consistently ranks near the top in reliability reports from Consumer Reports and JD Power, which translates to fewer repairs and maintenance over the vehicle’s lifetime.
2. Strong Resale Value
Even entry-level Lexus models like the UX retain their value well, thanks to strong demand for luxury cars in the used market.
3. Superior Customer Service
Lexus dealers are trained to keep customer satisfaction high, often offering loaners, complimentary service, and VIP amenities.
4. Safety and Convenience Tech
Lexus’s comprehensive safety suite—Lexus Safety Sense—comes standard on the entire UX range, something many competitors charge extra for. This includes:
- Pedestrian detection
- Lane tracing assist
- Dynamic radar cruise control
Conclusion: The Lexus UX 200 Remains the Most Affordable Luxury SUV
So, what is the cheapest Lexus model in 2024?
The Lexus UX 200 currently holds that title with a starting MSRP of just $35,600. It offers the luxury, sophistication, and reliability you expect from the brand—all at an accessible entry-level price.
While slightly more expensive options such as the UX 250h, NX 250, or ES 250 are also attractive, none of them undercut the UX 200 in terms of affordability, especially when taking into account strong fuel economy and feature-rich packaging.
The key to purchasing a Lexus on a budget is understanding which features you value most and finding the right balance between initial costs, ownership experience, and long-term savings. Whether you’re a young professional, a first-time luxury buyer, or someone who values efficiency in every part of life, the UX 200 is an excellent place to start your Lexus journey.
What is the cheapest Lexus model available in 2024?
In 2024, the cheapest Lexus model available is the Lexus CT 45hH, which has been reintroduced as a more affordable luxury hybrid hatchback. This model slots below the UX 200 and UX 250h in terms of size and price, making it the most budget-friendly entry point into the Lexus lineup. It’s particularly popular in international markets and is available in select regions of the U.S., mainly through certified pre-owned programs since it’s not being newly exported in large numbers.
The CT 45hH retains Lexus’ signature qualities of reliability, comfort, and technology while trimming some of the more luxurious features to keep the price down. It offers a fuel-efficient hybrid powertrain, making it an appealing option for buyers who want hybrid efficiency in a compact luxury package. Although it doesn’t have all the trim and amenities of more expensive Lexus models, it still offers a solid driving experience, strong fuel economy, and the brand’s reputation for long-term durability.
Why is the CT 45hH the most affordable Lexus model?
The CT 45hH is the most affordable because it has a smaller footprint, uses a more basic trim level, and lacks some of the premium features typically associated with the Lexus brand. Instead of being designed as a flagship or performance-focused model, the CT prioritizes fuel efficiency and urban maneuverability. That makes it ideal for buyers who appreciate the brand but are looking to keep their initial investment and fuel bills low.
Additionally, since it’s not widely available in the United States and is primarily imported for used or certified pre-owned inventories, dealers are pricing it lower to attract buyers. The strategy also helps Lexus compete more directly with compact luxury hybrids from other manufacturers like Toyota’s Prius Prime and Hyundai’s Ioniq 5. The CT 45hH reflects Lexus’ understanding of the budget-conscious luxury buyer who still expects efficiency, reliability, and brand prestige.
Is the Lexus CT 45hH available as a new model in the U.S. in 2024?
For the 2024 model year, the Lexus CT 45hH is not being newly imported to the United States in large quantities. Previously, it was offered in the U.S., but Lexus shifted focus to other models like the UX lineup and electric vehicles. As a result, most CT 45hH models available in the U.S. are either from earlier model years or are brought in through independent import channels.
However, some dealers may offer remaining new or used units through certified pre-owned programs. While not part of the standard U.S. lineup, price competitive CPO models may be available, and interested buyers should contact Toyota or Lexus dealers specializing in imports of these models. The CPO certification adds peace of mind with warranty coverage and condition standards, making it a viable alternative to a brand-new compact luxury hybrid.
What features should I expect in the cheapest Lexus model?
As the most affordable Lexus model, the CT 45hH offers a simplified version of the luxury features typically found across the brand. It includes a touchscreen infotainment system with smartphone integration, Bluetooth connectivity, a hybrid-specific digital speedometer, and a generally well-appointed but basic interior. While it may lack some premium amenities like leather seats or a high-end audio system, it still delivers refinement and tech comparable to other compact hybrid vehicles.
Safety is not compromised, as the CT 45hH comes standard with features like adaptive cruise control, lane departure warning, automatic emergency braking, and more, part of Lexus Safety Sense. These features contribute to the car’s appeal by providing modern driver-assist technologies even at the lower price point, reinforcing the brand’s commitment to safety and innovation. Buyers can expect advanced hybrid engineering, efficient driving dynamics, and a ride quality typical of Lexus.
How does the CT 45hH compare to the Lexus UX models in 2024?
The Lexus UX 200 and UX 250h are positioned above the CT 45hH in both size and cost. These models are part of a newer design philosophy from Lexus, focusing on premium interiors, advanced technology, and a smoother ride experience. In contrast, the CT 45hH is slightly more basic in terms of technology and materials but remains fuel-efficient and offers a responsive hybrid powertrain.
While the UX models appeal to buyers who want rich interiors and luxury finishes, the CT 45hH offers a more accessible price point and is more compact, making it ideal for urban environments. Additionally, the UX 250h hybrid system is built on a newer platform with improved performance and efficiency. However, the CT 45hH still holds value thanks to its reliability and hybrid efficiency, and in some markets, it serves as an ideal budget alternative to the UX series.
Are there more affordable alternative luxury cars to the CT 45hH?
Buyers considering the CT 45hH should also look at the Toyota Prius Prime, which offers similar hybrid efficiency and can sometimes be priced lower, especially as a used model. Another alternative is the Honda Insight, which competes in the same segment of compact luxury and efficiency. These vehicles may offer better availability and similar cost of ownership to the CT 45hH, although they aren’t branded as luxury options like Lexus.
Premium brands like BMW and Audi also offer smaller models like the BMW 2 Series Active Tourer (not available in the U.S.) or used models like the Audi A3 with hybrid drivetrains in select markets. However, these are often priced higher than the CT, especially when well-maintained models are considered. For someone targeting hybrid efficiency with a luxury badge on a budget, the CT 45hH holds strong value compared to similar premium options from other global automakers.
Is buying the cheapest Lexus model a good investment?
Purchasing the CT 45hH, the cheapest Lexus model, can be a smart investment for buyers looking to enter the luxury segment without spending a high premium. Lexus vehicles are known for their durability and strong resale value, and even the more affordable CT model benefits from the brand’s reputation for reliability. This means lower long-term maintenance costs and the potential for steady value retention, which is attractive for budget-conscious buyers.
Additionally, the CT 45hH’s hybrid drivetrain enhances its long-term cost-effectiveness through superior fuel economy. For drivers who spend a lot of time in urban areas or commute daily, this can add significant savings. While it may not feature the same level of luxury as higher-tier Lexus models, the CT 45hH delivers on the brand’s core values of safety, quality, and efficiency—making it a solid vehicle for those who want dependable hybrid driving in a luxurious yet inexpensive package.