Lexus Rz450e Core $65,900 Including ORC (RRP $141,600+ ORC) @ Lexus Dealers

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Lexus Rz450e Core $65,900 Including ORC (RRP $141,600+ ORC) @ Lexus Dealers
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scott on 10/01/2025 - 18:16 lexus.co.nz (2567 clicks)
Last edited 10/01/2025 - 18:37 by 1 other user

8 units listed on trademe at this price, suspect the deal is available nationwide. Epic discount north of 50%

https://www.trademe.co.nz/a/motors/cars/search?search_string…

There is also a 2024 registration (but just 40km on the odometer) of the upper Dynamic trim in Tauranga asking $76,990 driveaway

Sister car of the Toyota bZ4X / Subaru Solterra, and picks up some of the slightly underwhelming EV specs. But of course the Lexus model has had the expected luxury treatment. Haven't been in a Lexus RZ yet, but based on my Old RX, I would expect it the interior to be a very nice place to spend time.

Basic specs:
230kW AWD
5.3s 0-100km/h time.
435 km WLTP range for Core (395 km for the dynamic)
11kW AC charging, 150 kW DC charging (0-80% in 30mins, via the more common CCS2 connector)
11.2 m turning circle (quite a bit better than a EV6 at 11.6m, or the model y at 12.1m)
Duel zone climate control with branded air purification
8 way power adjustable front seats
branded synthetic leater
10 speaker auto (branded 13 speaker system on dynamic trim)

Automotive Electric Vehicle Lexus SUV

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lexus.co.nz

Comments

  • Jaxson on 10/01/2025 - 18:34
    +7

    Anyone got a free shipping code?

    • scott on 10/01/2025 - 18:37
      +5

      I'm fairly confident you could negotiate free delivery into the deal. Dealers are very keen get EV's off their lots at the moment.

    • akrotohur on 11/01/2025 - 06:49
      -1

      I'm definitely going to do Click and Collect on this and enjoy the ride home! Provided they give me the vehicle fully charged so I don't need to spend 30 minutes looking for an available charger and spend another 60 minutes charging it. :D

    • imphee on 11/01/2025 - 08:03
      +3

      Can i price beat this at M10 or bunnings?

  • Christo on 10/01/2025 - 18:43

    I'd be interested if it's the RX models.

    • scott on 10/01/2025 - 19:32
      +5

      Cheapest new RX on trade me is $135,800.

      Extremely unlikely to see deep discount on the RX as it is a Toyota / Lexus non plug in hybrid, which is one of the hottest area's of the NZ vehicle market at the moment.

      The RZ is getting steep discounts:

      1: Because (as with the Toyota bZ4X / Subaru Solterra), it's spec's as an EV are a little underwhelming. And buyers spending $100k+ in the current EV market have the ability to be very picky.
      2: Because there is a global glut of EV's, with NZ particularly impacted due to policy changes, notable the near concurrent dropping of the clear car discount, and the introduction of RUC's on EV's at a rate roughly double what many petrol hybrids pay in petrol tax.

      • JS1010 on 15/01/2025 - 18:16

        Bought one today. Didnt get the 4-year warranty stated on their website(got 3 years from registration instead) nor the service plan.

        • scott on 16/01/2025 - 11:24

          Thanks for the info. Enjoy the car.

  • pdevonporf on 10/01/2025 - 19:26

    How happy would you be if six months ago you've paid 140 grand. Even though this a good deal, it's also damaging to the brand not to mention resell value for pre-sale owners.

    • scott on 10/01/2025 - 21:25

      Not very, but the brands are between a rock and a hard place.

      They have the choice between being like RAM in the USA, and keeping prices stubbornly high, while comical amounts of stock build's up, and then attempt to sell 2023 model year cars at the same time as they attempt to sell 2024 & 2025 model year cars. (NZ dealers have a little advantage that the year of a car in NZ is the year of first registration, so as long as a car is not yet registered, it being old stock is not waved in front of the customer).

      Or the do like Lexus is doing here, and (as quietly as they can, ideally not publishing this pricing on trade me), and meet the market with pricing, so they are not left with obsolete stock as calendar continues to roll over.

      Sad bit is that with the NZ auto import industry taking a bath on these cars, they are going to be seriously gunshy when it comes to future EV orders, which will mean less choice for NZ consumers.

    • Avantime on 11/01/2025 - 00:59

      EV sales heavily depends on two things: Government incentives and what Tesla, the benchmark EV maker, does to its pricing.

      If Government incentives get slashed, Overall EV demand will fall. And they're falling significantly with the addition of RUC, and soon ACC fee increases.

      If Tesla slashes its pricing, many EV buyers will flock to them instead of the competition. This pushes all other EV makers to slash their prices, because buyers will always compare them against Tesla.

      Collapsing resale values are putting off many buyers of new EVs, especially at the premium end where depreciation can be massive.

      • Jaxson on 11/01/2025 - 10:31

        Yeah pricing drops have meant similar pricing to before incentives at the moment, but the addition of RUCs has put many off.

        I’m personally screwed with the hybrid RUC now meaning my old reduced range phev hybrid is charged massively and I would have been far better off with a Toyota ‘self charge’ efficient petrol hybrid.

  • RockCartel on 10/01/2025 - 20:23

    To see the spec of Core vs Dynamic models
    https://www.lexus.co.nz/content/dam/lexus-v3-new-zealand/mod…

    I only see 1 Dynamic for sale (but dealers might have more they aren't listing) $76,900
    https://www.trademe.co.nz/a/motors/cars/lexus/rz-450e

  • Zyo on 10/01/2025 - 21:18
    -1

    New model y just came out today (preorder)

    • scott on 10/01/2025 - 21:40

      Correct.

      $73,354 driveway for base configuration. Notably no upcharge for non white exterior colors anymore.

      And with the release of the refreshed model Tesla are promoting their discounts on their Pre-refresh inventory model Y's (starting at $62154 drive away)

      • Zyo on 10/01/2025 - 22:22

        Yeah 73k is a bit too much for standard range models.

        • armstrjare on 13/01/2025 - 09:57

          I’d say the last 6 months of NZD crashing has impacted pricing negatively for us

  • P0KEMON on 10/01/2025 - 23:06

    Is this the scott with the clean ISF? haha

    • scott on 11/01/2025 - 00:37

      Sadly no. I have an old rx and a leaf.

    • moxpearl on 11/01/2025 - 07:41
      +9

      Cool story bro.

    • KeepYourPantsOn on 11/01/2025 - 08:25
      +7

      Wrong, the best vehicle in the world is a Ford Ranger. It allows you to park on footpaths and drive like an (profanity) without consequences.

    • Jaxson on 11/01/2025 - 10:33
      +1

      Drink every time you hear ‘fact deniers’ 🍻

  • Supadupa on 11/01/2025 - 08:35

    Been on the lookout for a second EV, and this price is pretty convincing for something dual motor. I haven’t had a Toyota/Lexus in years, so never noticed they have fallen behind in warranty length behind other manufacturers. It seems the standard these days is 5 years, but these only come with the balance of a three year warranty, so could be as low as 2.5 years I guess. I’m guessing that they’re still very high up in reliability stakes, but I tend to change over car once the warranty has ended for piece of mind.

  • Senior Mouse on 11/01/2025 - 17:30
    +2

    They HAD to make it a pseudo SUV didn't they? Otherwise, the NPC's won't buy it.

    • scott on 13/01/2025 - 03:39
      +1

      Soft SUV's are one of the hottest market segments at the moment. Not really a surprise, brand like lexus are picking this for their first (and second) EV models. EV's are still somewhat niche, so brands want to avoid stacking a niche power train (EV) with a Niece body style (say Minivan or coupe).

      Also Soft SUV's work kind of well styling wise as EV's. Can put the battery under the floor (eat into ground clearance), and have regular soft SUV styling. For a low slung car, you either need to deal with oddly tall styling (Like the leaf), deal with very high floors (like the model 3), or have holes in the battery pack for the footwells (like Taycan).

      That said, if your preferred body style is hatchback or sedan, you also have a good range of discounted EV's to pick from.

      GWM Ora recently had a price cut

      And there are a good range of EV sedans on the market (polestar 2 discounts are worth looking up. Quite like Polestar's).

      However the sad impact of the massive focus of EV builders on hatchbacks, sedans and soft SUV's, is the NZ market has extremely limited EV utes, station wagons, coupes & minivans. Wish VW would bring the I.D.7 wagon here.

  • Sanketh on 11/01/2025 - 19:52

    How is maintenance nad parts costs? If that cost arm n leg.. Lol. Might not end up as a bad cheapie deal

    • scott on 11/01/2025 - 20:57
      +1

      Sister car to the Toyota bZ4X / Subaru Solterra, so i imagine a lot of parts are common.

      Havn't priced out dealership service.

      Of course SUV tires do cost more than harchbacks etc, and this is running a staggered setup so frout / rear rotation is not possible.

      • Sanketh on 11/01/2025 - 23:53

        Sorry.. Never bought a nrw one.. But contemplating.. Are u saying it will be similar to toyota? I thought they would still go a premium cost for servicing?

        • scott on 12/01/2025 - 16:16
          +1

          It' gets sweeter, My understanding is that every new Lexus comes with a "full maintenance service plan", which covers the cost of the recommended service schedule in the car's booklet for 4 years & unlimited KM. (incl WOF when it comes due at the 3 year point of your ownership

          https://www.lexus.co.nz/en/ownership-benefits.html
          https://www.lexus.co.nz/en/servicing-and-support/lexus-servi…
          https://www.facebook.com/story.php/?story_fbid=9558240498831…

          Delving deeper, there are two separate issues here:

          What regular scheduled servicing involves & is going to cost you. Especially during the warranty period, Typically new car buyers have the dealership do scheduled servicing for the warranty period, that way there can be absolutely no argument that the car was not properly serviced, if a warranty claim needs to be made. As above, seems Lexus bundle this cost with the cost of the car.

          Lexus in NZ offers a 4 year, unlimited km warranty (Along side the a six year corrosion perforation warranty & an EV battery extension covering failure or degradation greater than 30%, which last 8 years of 160,000km).

          Once the core warranty is gone, many people are happy going to a cheaper independent mechanic, or doing DIY maintenance

          As a general note, generally EV maintenance schedules have a heap of inspection points, and relatively few replacement points No engine oil, sparkplugs or engine air filter here. Main replacement items are generally wiper blades, cabin air filters, key fob batteries & Brake fluid, Plus a items to be replaced every 120,000+ like reduction gearbox oil & traction battery coolant. So as a general rule it is fair to expect to be spending a heap less on maintenance and mechanical repair for an EV vs a combustion car.

          In terms of my ownership of a older LEXUS RX, and taking it to Lexus of North Shore [Auckland] twice (I am not on the north shore, but given the same dealership hand looked after the car for it's entire life prior to my purchase, I figured I should continue their unless I had reason otherwise:

          I found the price of the base services was quite reasonable, especially given they would give me one of their brand new demo car's off the lot as a loan cars (quite a different experience to being given a dusty 90's hatchback by my normal independent), and also they would wash & valet the entire car to a high standard as part of the service (incl interior surface treatments etc).

          However if something was found in the inspections that needed done beyond what is standard in the service (say a break pad & rotor replacement), the Lexus dealership would charge a heap for that compared to an independent.

          In terms of part's, many parts are common between Toyota & Lexus (literally the boxes are tiled with both lexus and toyota logo's and the part numbers are the same). Had the battery cooling fans on my RX hybrid fail (leaking electrical noise into comms line), and wanted to do a DIY fix. Ordered them through Auckland city Toyota. Little dark they charged me over $900 for the three fan's, but no luxury car premium here.

          • Sanketh on 12/01/2025 - 21:20

            @scott: Thanks 👌👍

          • Savy101 on 13/01/2025 - 16:42

            @scott: Good points. We had a fright with our Hyundai . Turns out the issue is widely known Engine oil excessive burning. We were lucky that I found out when I checked the oil.it was bone dry. Dealer declined (claiming we missed a service but luckily we had records) it at first and then when pushed they went to Hyundai and agreed to replace the damaged parts with labour at our cost ($1800)
            Still not ideal but we went ahead.

          • felixfurtak on 14/01/2025 - 03:50
            +1

            @scott: Trademe listing states "Please note that this Offer EXCLUDES the Lexus Care Package (ie. Road Side Assistance, WOF x2, Maintenance plan & extended warranty)"

            • scott on 16/01/2025 - 01:30

              @felixfurtak: Thanks for the head up. Just checked two listings and neither had that wording, so it might vairy by dealer.

              Prospective buyer's should check out directly anyway.

  • The Hound on 11/01/2025 - 23:06
    +2

    Could have marketed this as a BOGOF Lexus deal

    • nzmax on 12/01/2025 - 02:01

      LOL

    • scott on 12/01/2025 - 16:36
      +1

      Amusing how much the market has shifted.

      1 year 9 months ago it was a popular joke:

      www.cheapies.nz/node/39884

      And here we are with a deal which is even better than BOGOF…

      In all seriousness, I have never been a huge fan of having exactly matching cars in a multicar garage. Kinda nice have something different so when only one car is needed, the best out of the two for that application can be selected. On the other hand I can see the appeal if a couple has dependent (Tandem) car parking spaces, especially with seat position memory. Just take which ever car is in front, and never have to rejig cars to get your particular car from the rear…

      Perhaps Lexus could do a Buy the Lexus UX300e, get a RZ350e for free…. so people can have both a small & medium Lexus SUV in the garage.

      But the bottom line here is that Lexus will want to keep this deal on the Down Low. Discounts north of 50% are seriously bad for a luxury brand's Image.

  • nzmax on 12/01/2025 - 02:07

    If I was looking for a luxury car, this would be a tempting deal, and is one of the best looking EVs out there. Lexus build very nice reliable cars, and this is the best version of Toyota BZ4x platform. The only issue IMO is that range and efficiency for an EV, which is poor compared to the Tesla Ý, or many of the current models being released. But if I was just wanting a run about for around town then this is pretty decent, and the build quality is going to be near the top, better than many EV manufacturers.

    • scott on 12/01/2025 - 17:09

      Agree Lexus is in a tricky spot here. bZ4X platform is generally seen as a bit underwhelming in the EV community.

      Frankly I don't think efficiency is huge deal with these, electricity is cheap, and the process of making this a luxary car (heaps more acoustic insulation, 8 way powered seats on both sides etc), adds weight which puts luxary cars at a inherent disadvantage compared to something like the model Y.

      But range is a huge deal for many EV buyers, and fast charging performance is also very significant. At a $142k price point, 435 km WLTP range for Core (395 km for the dynamic) is frankly embarrassing. There are a long list of Sub $100k non luxury cars in the segment with north of 500km WLTP rated range:

      • Mach-e AWD: 550km
      • Skoda Enyaq: 534km
      • EV6 LR RWD: 528km (this also gets 800v fast charging)
      • EV5 base: 555km
      • Model Y (post refresh) LR AWD: 551km

      I think this car would have been a lot stronger selling if Lexus had done like ford with the Mach-e AWD (which also has poor efficiency), and put a 100 kWh battery pack. (would give about a 600km range on the core trim). Means this car would have had wide appeal in luxury EV buyers, not just luxury EV buyers who have short range needs.

      • nzmax on 13/01/2025 - 01:18

        I suspect a newer version will have a larger battery, as I am pretty sure that the BZ4x platform can accommodate a larger one. . They increased the battery in the UX300 as it used to be very small.

        • scott on 13/01/2025 - 03:23

          I would hope so, they are lagging their (non luxury) peers by a long way ATM.

  • cloud0115 on 13/01/2025 - 10:42
    +2

    I just went for a test drive, the interior feels smaller than mine 2011 rx450h, while the acceleration is better, the whole driving experience wasn't as good as the old car. I ended up not pulling the trigger as I feel it's not an upgrade as such.

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