Across 723 listed Lexus RZ Electrics nationwide, the average markup is -$231 vs MSRP and 65% are listed at or below sticker, with a median advertised price of $53,482. Updated daily.
The RZ is Lexus's first dedicated electric vehicle — built on the same platform as the Toyota bZ4X. Three trims as of 2026: RZ 300e (FWD, 224 horsepower, around 220-mile range), RZ 450e (AWD, 308 horsepower, around 220-mile range), and the new RZ 550e F SPORT Performance (AWD, 408 horsepower, with the steer-by-wire yoke option).
The RZ has been a slow-mover in the segment — outclassed on range by the BMW iX and on charging speed by the Hyundai/Kia EVs on the same Hyundai E-GMP platform. The 2026 update improved charging speed and added the more powerful 550e variant, but the fundamental range disadvantage remains.
Pricing is heavily negotiable. Below-MSRP deals are widely available across all trims; the 550e F SPORT, despite being the newest variant, sees meaningful discounting because Lexus is trying to move volume in a segment where it's not yet competitive. For buyers who specifically want a Lexus EV and can live with the range limitations, the discount on the RZ 300e is significant.
By Marcus Bell, Editor · Updated May 12, 2026
403
Available of 723
-$231
Avg Markup
64.5%
At/Below MSRP
$53,482
Median Price
Only about 56% are actually available. 44% of the 723 listed Lexus RZ Electrics are already spoken for — pre-sold or on a dealer hold (allocated to a customer), not really for sale. Don’t trust an “in stock” label: confirm a specific car isn’t a hold before you drive over.
Price range: $44,087 — $68,029
MSRP Trend
Median sticker by month listed
Over the last 3 months, the typical Lexus RZ Electric sticker has eased down — a median MSRP of $53,914 in Apr ’26 versus $52,424 in Jun ’26 (−2.8%).
Median factory MSRP of RZ Electrics grouped by the month each was first listed (active + sold), Apr ’26–Jun ’26. Based on 012731008920 listings. Reflects sticker price, not the dealer's selling price.
Markup Trend
What buyers paid vs MSRP, by week sold
Over the last 13 weeks, what buyers paid for the Lexus RZ Electric versus MSRP has risen — discounts are shrinking — from −$1,222 the week of Apr 13 to −$404 the week of Jul 6 (about $404 below MSRP now).
Average selling price vs MSRP for RZ Electrics by the week they sold (left the lot), Apr 13–Jul 6. Based on 2,655 sales. Positive = sold over MSRP, negative = below.
Markup Distribution
How the current RZ Electric inventory splits across the markup spectrum. The shape matters more than the average — a tight cluster reads very differently from a bimodal market.
723 vehicles with a known MSRP
Under MSRP
20%
142
At MSRP
45%
324
$0–$1K over
24%
171
$1K–$3K over
11%
79
$3K+ over
<1%
7
Markup by Listing Age
RZ Electric markup holds fairly steady across listing age — neither aging stock nor fresh arrivals price very differently right now.
0–15 days
65% ≤ MSRP
-$7
299
16–30 days
65% ≤ MSRP
-$416
224
31–45 days
63% ≤ MSRP
-$228
104
46–60 days
56% ≤ MSRP
-$185
43
61–90 days
75% ≤ MSRP
-$505
24
90+ days
66% ≤ MSRP
-$965
29
A market snapshot — current listings grouped by how long each has been on the lot, not the same vehicle tracked over time. Bars show the share at or below MSRP; the figure on the right is the average markup for that age band.
How fast RZ Electrics sell
Based on 2,557 RZ Electric listings that left dealer lots in the last 90 days.
15
Median days to sell
-$402
Avg sold vs MSRP
80%
Sold at/below MSRP
Recent RZ Electric sales closed around $402 below MSRP, in line with what's currently listed.
“Sold” = listings that left dealer inventory; a small share may be de-listed rather than sold. Markup figures exclude implausible feed prices.