√2023 Lexus LC price and specs: Flagship model now up to $19,700 dearer

Lexus has updated the LC coupe and convertible for the first time in two years, resulting in price rises and new equipment across the range.

2023 Lexus LC500 and LC500h pricing and specifications
Updated interior equipment across all grades
Enhancement Pack now standard on hybrid model
Priced from $204,635 plus on-road costs

Japanese luxury car-maker Lexus has unveiled the updated LC coupe and convertible for Australia, with price rises between $4700 and $19,700 across the flagship model’s range.

The latest update for the LC comes less than two years after Lexus gave its most expensive passenger car its most recent refresh, with the changes headlined by a small number of equipment and mechanical tweaks.

Prices of the V8-powered Lexus LC500 coupe and LC500 convertible have risen by $4704 – now priced from $204,635 and $218,242 plus on-road costs, respectively – while the hybrid V6-powered LC500h coupe is now $19,704 dearer, starting from $212,727 plus on-road costs.

The LC500h’s additional $15,000 premium on top of the non-hybrid variant’s price rise has been attributed to Lexus now fitting it with equipment from the previously-optional Enhancement Pack as standard – though the package remains as a $15,000 extra for the LC500 coupe.

New on the Lexus LC for 2023 is a 12.3-inch infotainment touchscreen (up from 10.3 inches), a revised 13-speaker Mark Levinson sound system, and a three-year subscription to Lexus Connected Services – allowing owners to check their odometer reading, fuel level and open or close windows and doors via a smartphone app.

The feature also allows owners to remotely start their car, while there is also cloud-based navigation services which includes an automatic collision notification, emergency call and stolen vehicle tracking.

A number of advanced driver assistance systems have been added to Lexus’ flagship model, such as autonomous emergency braking (AEB), cyclist and pedestrian detection, junction assist, lane-keep assist, emergency steering assist, “curve speed reduction”, rear cross-traffic alert and a 360-degree camera.

According to Lexus, the LC500 is now fitted with more compliant engine mounts, while its 5.0-litre V8 continues to produce 351kW and 540Nm, delivered to the rear wheels through a 10-speed automatic transmission.

The Lexus LC500h’s 220kW/348Nm 3.5-litre V6 engine and 132kW/300Nm hybrid system is also unchanged, developing up to 264kW combined which is sent to the rear wheels through a continuously variable transmission (CVT).

With the Lexus Enhancement Pack now standard on the LC500h, the hybrid luxury coupe is now equipped with a Torsen limited-slip differential, ‘high-grade’ brake discs, dynamic rear steering, variable gear ratio steering, an active rear spoiler, carbon-fibre roof, 10-way power adjustable front seats carbon-fibre scuff plates.

These Enhancement Pack features can be optioned onto the V8-powered LC500 coupe for an additional $15,000.

The 2023 Lexus LC is due in Australian showrooms in August 2023.

2023 Lexus LC Australian pricing

LC500 Coupe – $204,635 (up $4704)
LC500h Coupe – $212,727 (up $19,704)
LC500 Convertible – $218,242 (up $4704)

Note: All prices above exclude on-road costs.

2023 Lexus LC500 standard features:

21-inch wheels
12.3-inch infotainment touchscreen
Wired/wireless Apple CarPlay
Wired Android Auto
13-speaker Mark Levinson sound system
Three-year Lexus Connected Services subscription
Autonomous emergency braking (with pedestrian/cyclist detection and junction assist
Lane-keep assist
Emergency steering assist
Curve speed reduction
Rear cross-traffic alert
360-degree camera
Radar cruise control
Speed sign recognition
Available colours:
- Sonic Copper
- Cobalt Mica
- White Nova
- Sonic Chrome
- Sonic Iridium
- Titanium
- Graphite Black
- Infrared
- Zinnia Yellow
- Khaki Metal