How much will the 2024 Lexus GX 550 cost?
The highly anticipated 2024 Lexus GX 550 is set to hit the market with a starting price of $72,500 for the base model, making it a compelling option in the luxury SUV segment. This article delves into the details of the 2024 Lexus GX 550, exploring its features, performance, and the factors that contribute to its pricing.
Powertrain and Performance
The 2024 Lexus GX 550 is powered by a robust 5.7-liter V8 engine that produces 381 horsepower and 401 lb-ft of torque. This engine is paired with a smooth-shifting 8-speed automatic transmission, delivering exceptional power and acceleration. The GX 550 also features a full-time four-wheel-drive system, providing excellent off-road capabilities and enhanced traction in various driving conditions.
Luxury and Comfort Features
As a Lexus model, the GX 550 is renowned for its exceptional build quality, premium materials, and a wealth of luxury features. The interior boasts leather upholstery, heated and ventilated front seats, a 12.3-inch infotainment display, and a premium audio system. Additionally, the GX 550 offers a host of advanced safety technologies, including adaptive cruise control, lane departure warning, and a surround-view camera system.
Factors Influencing the Price
The 2024 Lexus GX 550's starting price of $72,500 reflects the brand's reputation for quality, the vehicle's powerful performance, and its extensive list of luxury features. Compared to its competitors in the luxury SUV segment, the GX 550 offers a compelling value proposition, with a well-rounded package of capability, comfort, and technology.
Conclusion
The 2024 Lexus GX 550 is a formidable contender in the luxury SUV market, offering a compelling blend of power, luxury, and off-road prowess. With a starting price of $72,500, the GX 550 presents a compelling option for those seeking a premium driving experience without compromising on capability or comfort.
How many miles per gallon does a 2024 GX550 get?
The 2024 Lexus GX 550 has an EPA-estimated fuel economy of 15 MPG in the city, 21 MPG on the highway, and 17 MPG combined. Real-world mileage varies, with some owners reporting slightly lower figures, particularly in city driving, while others achieve highway or combined results close to or slightly above the official ratings.
EPA-estimated MPG
- City: 15 MPG
- Highway: 21 MPG
- Combined: 17 MPG
Real-world factors and owner experiences
- Many owners report achieving similar combined mileage to the EPA estimate or slightly lower, especially in mixed driving.
- Achieving the highway rating of 21 MPG is possible under ideal conditions, such as highway driving at moderate speeds.
- City driving and other factors like removing the roof rack or driving with a heavy load can affect the actual MPG.
- The GX 550 requires premium fuel, which can add to the operating cost.
0:32What’s my 2024 Lexus GX Overtrail+ MPG? #lexusgx #gx550 ...FacebookToyotajeff · 1y 52sLexus GX 550 Fuel Economy: Is It REALLY That Bad?YouTubeAutomotiveWoman · 5mo 0:512024 Lexus GX550 MPG Test #shortsYouTubechad haire · 11mo (function(){
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How much is the 2024 Lexus GX 550 retail price?
The price of the 2024 Lexus GX starts at $64,250 and goes up to $81,250 depending on the trim and options.
What is the difference between GX 550 premium and luxury?
The main differences are that the Luxury trim has a more upscale interior with semi-aniline leather, front massaging seats, and premium wood accents, while riding on larger 22-inch wheels and having features like illuminated door sills. The Premium trim is a more affordable starting point, with synthetic leather upholstery and smaller 20-inch wheels, though higher-tier Premium+ models add features like a power-folding third row and heated steering wheel.
You can watch this video to see a comparison of all the different trim levels for the Lexus GX550: 59sAutoJeff ReviewsYouTube · Jan 29, 2024
Lexus GX 550 Premium vs. Luxury
| Feature | GX 550 Premium | GX 550 Luxury |
|---|---|---|
| Interior Materials | Synthetic leather upholstery | Semi-aniline leather-trimmed interior surfaces |
| Front Seats | Standard, heated | 10-way power-adjustable, heated, ventilated, and massaging seats |
| Wheels | 20-inch Dark Gray Metallic alloy wheels | 22-inch alloy wheels |
| Interior Accents | Standard | Premium wood accents |
| Exterior Lighting | Standard LED fog lights | Distinctive LED fog lights |
| Other Notable Features | Power-folding third-row seat (in Premium+) | Illuminated door sills, second-row sunshades, cooled center console, Mark Levinson audio system, digital rearview mirror |
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Which to choose
- Choose Premium if: You are looking for a capable GX but want to save money. You can add many of the Premium+ features or consider aftermarket upgrades.
- Choose Luxury if: You prioritize a more luxurious and comfortable interior with premium materials, added seat comfort, and distinctive exterior styling with larger wheels and fog lights.
Is the GX550 bigger than a 4Runner?
Yes, the 2025 Lexus GX 550 is generally larger than the Toyota 4Runner, with a longer and slightly taller body, and it offers a more spacious interior, especially for second- and third-row passengers. While their overall platforms and wheelbases are similar, the GX 550's boxier design contributes to it feeling bigger inside, particularly in cargo height.
You can watch this video to compare the size and cargo space of the Lexus GX 550 and Toyota 4Runner: 1mEdmunds CarsYouTube · Jul 17, 2025
Exterior size
- Length: The GX 550 is slightly longer at 197.05 inches compared to the 4Runner's 194.9 inches.
- Height: The GX 550 may be slightly taller due to its design, but both are substantial SUVs.
- Wheelbase: Both vehicles share the same wheelbase.
Interior and cargo space
- Interior feel: The GX 550's interior often feels more spacious due to its design and overall size.
- Cargo: While the total cargo area is similar, the GX 550's cargo height is significantly taller, making it easier to load larger items.
- Passenger space: The GX 550 provides nearly 38 inches of third-row legroom and over 36 inches of second-row legroom, which is a notable difference in space.
- Loading height: The GX 550's loading height for cargo is actually about 3 inches lower than the 4Runner's, making it easier to load gear.
