Lexus LM 350h
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₹2.20 Crore – ₹2.75 Croreex-showroom
The Lexus LM 350h is priced between ₹2.20 Crore – ₹2.75 Crore (ex-showroom, October 2026) across 2 key variants. The 4-Seater Ultra Luxury variant costs about ₹3,14,45,990 on-road in Delhi.
The LM 350h, launched in India in March 2024, created a segment of one: the ultra-luxury MPV. The ₹2.20 crore 7-Seater VIP carries seven in captain-chair comfort, while the ₹2.75 crore 4-Seater Ultra Luxury replaces the rear cabin with two aircraft-style thrones behind a partition with a 48-inch screen. Both run a 2.5L strong hybrid with e-CVT — the drivetrain philosophy of an Innova HyCross taken to its logical extreme. Nothing rivals it directly; buyers cross-shop chauffeur-driven flagship sedans like the Mercedes S-Class.
Key Specifications
| Ex-showroom price | ₹2.20 Crore – ₹2.75 Crore |
| Body type | MUV |
| Engine / Motor | 2.5L petrol strong hybrid |
| Max power | null bhp |
| Fuel options | Strong Hybrid |
| Transmission | e-CVT |
| Mileage (claimed) | — |
| Seating | 7 seats |
| Airbags (max) | null |
| Safety rating | Not crash-tested yet |
| Boot space | — |
| Current generation since | 2024 |
Pros & Cons
What's good
- India's only ultra-luxury MPV — a segment of one
- 4-Seater Ultra Luxury offers a partitioned private lounge with a 48-inch screen
- Strong-hybrid drivetrain suits silent chauffeur-driven city running
- Sliding doors and step-in height make ingress effortless
Keep in mind
- ₹2.20 crore for an MPV silhouette takes conviction
- The 4-Seater's partition removes any people-carrying flexibility
- No direct rival means no reference point for resale
Lexus LM 350h Variant Prices (October 2026)
Indicative ex-showroom prices. On-road prices vary by state — see city-wise breakups below. Prices verified against manufacturer and market sources on .
Lexus LM 350h On-Road Price by City
Full breakup shown on every page: state road tax, insurance estimate, TCS and charges. Lexus LM 350h on-road price — all 20 cities compared →
EMI Calculator
Pre-filled with the estimated Delhi on-road price of the 4-Seater Ultra Luxury variant.
Monthly EMI
₹5,22,214
Loan amount
₹2,51,56,792
Total interest
₹61,76,025
Lexus LM 350h — Frequently Asked Questions
What is the price of the Lexus LM in India?
₹2.20 crore for the 7-Seater VIP and ₹2.75 crore for the 4-Seater Ultra Luxury, ex-showroom per Lexus India's official price list. It launched in India in March 2024.
What is special about the Lexus LM 4-Seater?
It swaps the rear cabin for two aircraft-style reclining thrones behind a full partition with a 48-inch screen — a private lounge on wheels. That configuration alone costs ₹55 lakh over the 7-Seater VIP.
Is the Lexus LM a hybrid?
Yes — a 2.5L petrol strong hybrid with an e-CVT, chosen for silent electric-mode running in city traffic, which is exactly how a chauffeur-driven LM spends its life.
Which cars rival the Lexus LM?
Nothing directly — India has no other ultra-luxury MPV. Buyers cross-shop the Mercedes S-Class (₹2.20 crore) and Maybach S-Class for chauffeur-driven use; the LM counters with vastly more rear cabin space.