Across 520 listed Lexus RZ Electrics nationwide, the average markup is -$99 vs MSRP and 58% are listed at or below sticker, with a median advertised price of $53,575. 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
288
Available of 520
-$99
Avg Markup
57.7%
At/Below MSRP
$53,575
Median Price
Only about 55% are actually available. 45% of the 520 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: $42,435 — $68,008
MSRP Trend
Median sticker by month listed
Over the last 4 months, the typical Lexus RZ Electric sticker has eased down — a median MSRP of $53,870 in Apr ’26 versus $52,052 in Jul ’26 (−3.4%).
Median factory MSRP of RZ Electrics grouped by the month each was first listed (active + sold), Apr ’26–Jul ’26. Based on 01259997874872 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 fallen — buyers are gaining leverage — from −$183 the week of May 25 to −$644 the week of Aug 17 (about $644 below MSRP now).
Average selling price vs MSRP for RZ Electrics by the week they sold (left the lot), May 25–Aug 17. Based on 2,364 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.
518 vehicles with a known MSRP
Under MSRP
17%
86
At MSRP
41%
213
$0–$1K over
28%
147
$1K–$3K over
12%
61
$3K+ over
2%
11
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
-$1
216
16–30 days
54% ≤ MSRP
+$47
135
31–45 days
54% ≤ MSRP
-$630
70
46–60 days
43% ≤ MSRP
+$174
35
61–90 days
50% ≤ MSRP
-$344
44
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 2,330 RZ Electric listings that left dealer lots in the last 90 days.
21
Median days to sell
-$343
Avg sold vs MSRP
65%
Sold at/below MSRP
Cars currently listed average $99 below MSRP, but recent RZ Electric sales closed around $343 below MSRP — buyers are transacting about $244 below the typical listing.
“Sold” = listings that left dealer inventory; a small share may be de-listed rather than sold. Markup figures exclude implausible feed prices.