Lexus LM

The Lexus LM is priced from Rs. 2.20 Crore (ex-showroom) in India. It is available in 2 variants. Engine: 2487 cc. Fuel options: Hybrid (Electric + Petrol).

LM
LM
Engine
2487 cc
Lexus

Lexus LM Price

Rs. 2.20 Crore 2.20 - 2.75 Crore
Ex-showroom · Delhi
Down payment ratio20% · ₹43,93,739
10%Loan: ₹1,75,74,95650%
Number of installments

Lexus LM Highlights

The Lexus LM redefines the luxury minivan with a sleek, executive‑grade silhouette and a hybrid powertrain that delivers both poise and efficiency. Its cabin is designed like a private lounge, offering spacious seating, premium materials and a host of concierge‑style conveniences. Advanced safety tech and an ultra‑quiet ride make it a standout choice for those who value comfort without compromise.

  • Hybrid drivetrain that balances power and low emissions, providing a smooth, silent acceleration.
  • Rear “lounge” configuration with fully reclining seats, ottoman footrests and individual climate zones.
  • Lexus Safety System+ A with adaptive cruise, lane‑keeping assist and a 360° camera suite.
  • Acoustic glass and double‑glazed windows that keep road noise out for a serene cabin experience.
8.3Overall

Lexus LM Expert Analysis

Luxurious, spacious MPV with executive lounge, hybrid power, top safety, ideal for execs and large families.

Category scores
7
Value for Money
9
Safety
7
Performance
9
Comfort
9
Features
9
Reliability
8
Ownership
Buying recommendation

Buy the LM if you prioritize luxury comfort and status over price and outright performance.

Pros
  • Hand‑crafted cabin materials
  • Hybrid powertrain with decent efficiency
  • Comprehensive driver‑assist suite
  • Spacious rear lounge configuration
  • Strong resale retention
Cons
  • Very high purchase price
  • Running costs (service, insurance) are steep
  • Limited boot space due to lounge layout
Best for
executive transportlarge familieschauffeur-driven services
Not ideal for
budget-conscious buyersperformance enthusiastsoff-road seekers
Ownership insights
1Service network expanding in metros
2Hybrid battery warranty up to 8 years
3Fuel economy good for size but not class‑leading
4Resale values stay robust thanks to brand cachet
Full AI verdict

The Lexus LM redefines the premium multi‑purpose vehicle segment in India, marrying the brand’s renowned luxury pedigree with a purpose‑built MPV platform. Its cabin is a sanctuary of quiet opulence, featuring hand‑stitched leather, genuine wood trim, and a rear executive lounge layout that includes individual reclining seats, footrests, ambient lighting and a 12.3‑inch infotainment screen per passenger. The latest Tazuna infotainment suite, wireless charging, four‑zone climate control and a suite of driver‑assist technologies such as adaptive cruise, lane‑keeping assist and a 360‑degree camera reinforce its high‑tech appeal. Under the hood, the LM is powered by a 3.5‑litre V6 hybrid delivering smooth, torquey acceleration while keeping fuel consumption respectable for its size, roughly 12‑13 km/l in mixed driving. Safety credentials are solid, with a five‑star Global NCAP rating and a comprehensive airbag package. Ownership costs are moderated by Lexus’s reputed reliability and a growing service network, though the premium price tag—starting near INR 2.2 crore—places it out of reach for most buyers. Depreciation is relatively mild thanks to brand cachet, but after‑sales parts and insurance remain high. Overall, the LM excels as a mobile office or family flagship, provided the buyer values comfort and status over outright performance or price.

Vs competitors

Against rivals like the Mercedes‑V-Class and BMW 7‑Series SUV, the LM offers superior cabin quietness, a more refined hybrid powertrain, and a richer suite of rear‑focused amenities, though it trails in outright power and has a higher entry price; it remains the most luxurious MPV choice for Indian execs seeking a mobile office.

Key specs

Lexus LM specifications

Fuel Type
Hybrid
Engine
2487cc
Power and Torque
244bhp
DriveTrain
AWD
Variants & Prices

Lexus LM variants List Price in India - Variants, Specs & Features

The Lexus LM variants List price in India begins at Rs. 2.15 Crore for the base 350h 7 STR VIP variant, while the top-end 350h 4 STR Ultra Luxury is priced at Rs. 2.69 Crore (Ex-showroom, Delhi).

EMI is an estimate — 9% p.a. · 5 yrs · 10% down, on ex-showroom price.
2.5L · 2487ccHybrid (Electric + Petrol)
₹2.15 Crore
ex-showroom
Lowest price
~₹4,01,700/mo
Price breakup
2.5L · 2487ccHybrid (Electric + Petrol)
₹2.69 Crore
ex-showroom
+₹54,00,000 vs base
~₹5,02,600/mo
Price breakup
Compare variants
Add variant
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LM · Buyer's guide

Which LM Variant Should You Buy?

Expert picks for different kinds of buyer. Tap one to see why it's the right call.

Best Value
350h 7 STR VIP
₹2.15 Crore

The base variant captures the essence of the LM at the entry price point of Rs 219.69 Lakh, providing the core chassis and engine performance without the cost of unnecessary luxury add-ons. It includes essential active safety features like ESC, traction control, and hill assist, which are critical for managing the power output on unpredictable Indian roads. By choosing this variant, you avoid the heavy depreciation associated with high-spec cosmetic upgrades, making it the most financially prudent entry into the brand. The inclusion of 6 airbags and TPMS as standard means you do not compromise on safety to save money. For the buyer who intends to drive the car themselves, the manual gearbox is identical to the top-spec, ensuring no performance loss. The interior features are sufficient for a driver-focused machine, and the full-size spare tyre ensures you are never stranded. This variant is the best value because it focuses on the engineering excellence of the LM while keeping the capital expenditure as low as possible for this price segment, leaving room in your budget for the high annual insurance and maintenance costs.

Loan calculator

Lexus LM Calculate EMI

Ex-showroom price₹2,15,00,000
₹43,00,000
₹21,50,000₹1,93,50,000
Loan amount: ₹1,72,00,000
5 years
1 yr7 yrs
60 months
10 %
8%20%
p.a.
Tenure
Figures are indicative. Actual EMI depends on your lender, credit profile, and processing fees.
3,65,449
EMI for 5 years
₹2.19Cr
total payable
Principal loan amount
₹1,72,00,000
Total interest payable
₹47,26,950
Total amount payable
₹2,19,26,950
Ownership

Ownership & running costs

7.5
Long-termscore
Annual Maintenance
Rs 35,000–45,000 per year due to the high-performance petrol powertrain requiring synthetic lubricants and premium filtration components.
Service Interval
every 10,000 km or 12 months
Spare Parts
Parts are currently imported via specialized hubs, leading to a 7-10 day waiting period for non-consumable components. Local inventory is restricted to major metropolitan centers like Mumbai and Delhi.
Insurance
High — Rs 85,000–1,20,000/year estimate for base variant
Resale Value
Expect a 45% depreciation after 3 years due to the niche market positioning of a high-priced manual petrol vehicle. The lack of an automatic transmission option limits the secondary buyer pool compared to the BMW 3 Series or Audi A4.
City Driving
The manual transmission requires significant clutch modulation in bumper-to-bumper traffic, though the 6 airbags and TPMS provide peace of mind in congested urban corridors. Its dimensions necessitate careful maneuvering in tight parking spaces despite the inclusion of standard ISOFIX mounts.
Highway Driving
The petrol engine delivers sustained high-speed torque, ensuring stable overtaking maneuvers on expressways at triple-digit speeds. NVH levels remain controlled, though the absence of ADAS features requires constant driver vigilance compared to the radar-equipped Mercedes-Benz C-Class.

At a price bracket of Rs 2.19 Crore to Rs 2.74 Crore, the Unknown Brand LM targets a specific demographic that prioritizes mechanical engagement over autonomous convenience. Ownership in India requires a dedicated garage space and access to high-octane fuel, as the petrol-only engine is tuned for performance rather than fuel efficiency. Maintenance costs are elevated because the vehicle lacks a localized supply chain for major mechanical spares, necessitating reliance on official dealership networks which are currently limited to Tier-1 cities. Unlike the Mercedes-Benz or BMW equivalents, the LM lacks ADAS features, meaning the driver assumes full responsibility for collision avoidance, though the inclusion of 6 airbags and ESC provides a baseline of safety. Insurance premiums are high due to the vehicle's valuation and the cost of imported body panels. Resale value is projected to be lower than the segment average because the manual-only transmission is increasingly shunned by luxury buyers who prefer the convenience of dual-clutch or torque-converter automatics in heavy city traffic. On the highway, the vehicle shines; the manual gearbox allows for precise gear selection, making it superior to the Audi A4 for enthusiasts who enjoy rev-matching. However, for a daily commuter in Delhi or Bangalore, the lack of an automatic transmission makes this a secondary weekend car rather than a primary workhorse. The full-size spare tyre is a practical inclusion for Indian road conditions, where road debris often compromises thinner donut-style spares. Long-term reliability is tied to the availability of the OEM service network; without an expansive service footprint, owners will face significant downtime for even minor repairs. The cabin, while featuring 3-point ELR seatbelts for all five passengers, lacks the digital cockpit sophistication found in rivals at this price point. Prospective buyers must weigh the joy of a manual powertrain against the reality of high annual insurance costs and the lack of modern driver-assistance tech. Ultimately, the LM is a purist's machine that demands high upkeep but rewards with a visceral, analog driving experience that is rapidly disappearing from the Indian luxury market.

Side-by-side

LM comparison with similar cars

V-Class
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M5
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G-Class
G-Class
Rs. 290.00 Lakh*
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Vellfire
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Ex-showroomRs. 140.00 LakhRs. 205.00 LakhRs. 290.00 LakhRs. 231.00 LakhRs. 119.73 LakhLowestRs. 137.67 Lakh
TransmissionN/AN/AN/AN/AAutomaticN/A
Engine1951 cc & 1999 cc4395 cc2989 cc2996 cc, 2997 cc, 2998 cc & 4395 cc2487 cc2997 cc & 4395 cc
Fuel TypeDiesel, HybridHybridDieselDiesel, Petrol, HybridHybridHybrid
Power
MileageN/AN/AN/AN/A19.28 kmplN/A
Seating CapacityN/AN/AN/AN/A7N/A
NCAP RatingNot TestedNot TestedNot TestedNot TestedNot TestedNot Tested
Comparison summary
Best Value
Vellfire
Best Mileage
Vellfire
Most Powerful
Safest Choice
Owner verdict

Lexus LM Pros and Cons

Likes 5Dislikes 5
Owners are fairly balanced50% of the points raised are positives.
Things we don't like5
  • 1Price is high compared to other MPVs
  • 2Fuel economy isn’t the best in its class
  • 3Third row seat is a bit cramped for adults
  • 4Some rivals offer more power for the money
  • 5Service network is still growing in smaller towns
Authorised showrooms

car dealers in

10 dealers nearby
Charge your Lexus nearby

EV charging stations in New Delhi

6 stations
Owner reviews

Lexus LM user reviews

4.3OUT OF 5
Based on 4 reviews
52
41
31
20
10

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