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Lexus RZ Gets A More Affordable Base Model With Front-Wheel Drive

It's still way more expensive than the Toyota bZ4X.

Lexus RZ gets new FWD model
Angel Sergeev Angel Sergeev

For 2024, Lexus will make the RZ more affordable with a new entry-level model. After introducing the electric SUV in January 2023 as a posher and more powerful version of the Toyota bZ4X, the automaker now releases details about the new model year, which brings the new RZ 300e entry-level variant.

One of the standout features of the RZ 300e is its decent EPA-estimated range of up to 266 miles. Powered by a 72.8-kilowatt-hour lithium-ion battery by CATL, the zero-emissions Lexus achieves a total system output of 201 horsepower. A substantial change between the AWD and the new FWD models comes in the form of a subframe, which replaces the rear eAxle found in the all-wheel-drive model. This design enhances the vehicle's stability and also contributes to a smoother and quieter ride, Lexus claims.

Gallery: 2024 Lexus RZ

In addition to the new RZ 300e, the 2024 RZ lineup sees a cosmetic refresh with Copper Crest available as an exterior color option in both mono- and bi-tone configurations. Furthermore, all models now come standard with a dual-voltage charging cable compatible with both 120V and 240V outlets.

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The RZ 450e continues with a 71.4-kWh battery pack and two electric motors with a peak power of 308 horsepower. This gives the SUV a 0-60 miles per hour acceleration in just 5.0 seconds. For 2024, the vehicle achieves an EPA-estimated range rating of 220 miles when equipped with 18-inch wheels. 

The new FWD version of the RZ makes the EV significantly more affordable with a starting price of $55,150 with destination and handling fees included. As a reminder, the Toyota bZ4X kicks off at $43,350. The base AWD version of the Lexus – the RZ 450e Premium – starts at $59,850, making the model $200 more expensive than last year. Full pricing can be found below, all prices include destination.

Model MSRP
RZ 450e Premium AWD w/ 18″ Wheel $59,850
RZ 450e Premium AWD w/ 20″ Wheel $61,090
RZ 450e Luxury AWD $65,580
RZ 300e Premium FWD w/ 18″ Wheel $55,150
RZ 300e Premium FWD w/ 20″ Wheel $56,390
RZ 300e Luxury FWD $60,880
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