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).
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.
Luxurious, spacious MPV with executive lounge, hybrid power, top safety, ideal for execs and large families.
Buy the LM if you prioritize luxury comfort and status over price and outright performance.
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.
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.
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).
Expert picks for different kinds of buyer. Tap one to see why it's the right call.
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.
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.
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|---|---|---|---|---|---|---|
| Ex-showroom | Rs. 140.00 Lakh | Rs. 205.00 Lakh | Rs. 290.00 Lakh | Rs. 231.00 Lakh | Rs. 119.73 LakhLowest | Rs. 137.67 Lakh |
| Transmission | N/A | N/A | N/A | N/A | Automatic | N/A |
| Engine | 1951 cc & 1999 cc | 4395 cc | 2989 cc | 2996 cc, 2997 cc, 2998 cc & 4395 cc | 2487 cc | 2997 cc & 4395 cc |
| Fuel Type | Diesel, Hybrid | Hybrid | Diesel | Diesel, Petrol, Hybrid | Hybrid | Hybrid |
| Power | — | — | — | — | — | — |
| Mileage | N/A | N/A | N/A | N/A | 19.28 kmpl | N/A |
| Seating Capacity | N/A | N/A | N/A | N/A | 7 | N/A |
| NCAP Rating | Not Tested | Not Tested | Not Tested | Not Tested | Not Tested | Not Tested |
I recently purchased the Lexus LM and I must say it's a great family car. The interior is spacious and comfortable, making it perfect for long road trips. However, the engine could be more powerful. The infotainment system is a bit outdated, but overall it's a solid choice. I would recommend it to anyone looking for a comfortable and reliable vehicle.
I recently purchased the Lexus LM and have been thoroughly impressed with its comfort and features. The ride is smooth, and the interior is lavishly appointed. However, I found the infotainment system to be a bit cumbersome to navigate. Additionally, the fuel economy could be better. Overall, it's a solid choice for those seeking a luxurious experience.
The Lexus LM is an exceptional vehicle for families or business executives. Its spacious interior, comfortable seating, and ample cargo space make it perfect for long road trips. The power and smooth handling of the engine provide a luxurious experience. However, the infotainment system could be more intuitive. Overall, I highly recommend the Lexus LM for its comfort, reliability, and style.
I recently purchased the Lexus LM and I must say it's exceeded all my expectations. The spacious interior, comfortable ride, and impressive fuel efficiency make it the perfect family vehicle. The infotainment system is user-friendly and the safety features are top-notch. The only drawback is the limited customization options for the interior. Overall, I'm thoroughly impressed with the Lexus LM and would highly recommend it to anyone looking for a reliable and feature-packed vehicle.
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