Lexus TX trim comparison

2024 Lexus TX 350 Luxury vs 500h F SPORT Premium

The TX 350 Luxury starts at $59,600 while the 500h F SPORT Premium is $68,000. That $8,400 gap buys 7 meaningful differences.

The short answer

This is a powertrain and drivetrain change. The 500h F SPORT Premium gets the 2.4L I4 hybrid Turbo and AWD, so the $8,400 is buying a different driving experience, not just nicer trim.

This is a real hardware fork, not just a trim-label shuffle. The 350 Luxury is enough if the 2.4L I4 Turbo with FWD already fits your routine; the 500h F SPORT Premium only earns the jump when the 2.4L I4 hybrid Turbo and AWD setup is the point of the upgrade.

Think about this as a monthly tradeoff, not just a sticker gap. The 500h F SPORT Premium adds about $147/month on a typical 60-month loan, or around $8,820 more overall with interest. If that different powertrain is not part of your real use case, the cheaper trim keeps more money in your pocket without changing the core experience you need.

$8,400
Price Gap
+91 HP
HP Diff
+4 MPG
MPG Diff
Trim navigation

Lock one trim, change the other side, and move through exact pair pages without resetting back to the full lineup every time.

Compare another trim against 500h F SPORT Premium 500h F SPORT Premium stays locked on this side. Pick a different trim for the other slot without leaving the exact head-to-head route.
350 350 Premium 350 Luxury
Compare another trim against 350 Luxury 350 Luxury stays locked on this side. Use this row to test the next trim up or down while keeping the exact pair page intact.
500h F SPORT Premium 500h F SPORT Luxury 550h+ Luxury
Lower-price trim
Starts at $59,600
VS
Higher-price trim
Starts at $68,000
Base / Value: 350 Luxury
Clear Upgrade: 500h F SPORT Premium

Who notices the difference

The higher trim starts to make more sense when you are specifically shopping for the stronger powertrain, not just more trim content.

When both feel the same

The 350 Luxury and 500h F SPORT Premium are mechanically identical where it counts: the same identical wheelbase and body dimensions.

The upgrade math

You are paying $8,400 for 6 measurable differences, which works out to about $1,400 per change.

Key Differences at a Glance

This is the fast read: price, power, efficiency, and the feature flips most likely to change the answer.

MSRP
$59,600
vs
$68,000
Engine
2.4L I4 Turbo
vs
2.4L I4 hybrid Turbo
Drivetrain
FWD
vs
AWD
Horsepower
275 hp
vs
366 hp
All-weather floor mats for the 2024 Lexus TX Check prices on Amazon (paid link)

Every Difference, Side by Side

This is the full read behind the quick decision signals above: the complete hardware, comfort, and equipment story. 7 specification differences, 0 shared.

Engine Biggest
350 Luxury2.4L I4 Turbo
500h F SPORT Premium2.4L I4 hybrid Turbo
Drivetrain
Fuel Economy
350 Luxury23 MPG combined
500h F SPORT Premium27 MPG combined
Curb Weight
350 Luxury4,575 lbs

Full Specification Comparison

Specifications reflect available data as of early 2024. Confirm details with an authorized dealer before purchasing.

Spec 350 Luxury 500h F SPORT Premium
Pricing
MSRP$59,600$68,000
Powertrain
Engine2.4L I4 Turbo2.4L I4 hybrid Turbo
Horsepower275 hp366 hp
Torque317 lb-ft406 lb-ft
Transmission8-speed automatic6-speed automatic
DrivetrainFWDAWD
Fuel Economy
City MPG2127
Highway MPG2728
Combined MPG2327
Fuel Tank17.8 gal17.8 gal
Annual Fuel Cost (EPA)$2,500/yrNo published data
Dimensions
Curb Weight4,575 lbs4,970 lbs
Wheelbase116.1"116.1"
Length203.1"203.5"
Width78.3"78.3"
Height70.1"70.1"
Warranty
Bumper-to-Bumper4yr/50k4yr/50k
Powertrain6yr/70k6yr/70k
Corrosion6yr/unlimited6yr/unlimited
Roadside Assistance4yr/unlimited4yr/unlimited

Data sources: licensed third-party automotive data, EPA fueleconomy.gov, NHTSA, and official manufacturer materials. Values marked est. are estimated.

2024 Lexus TX 350 Luxury vs 500h F SPORT Premium Questions Shoppers Ask

Use this page for the direct trim answer, then zoom back out to the Lexus TX lineup, the Lexus brand hub, the Full-Size SUVs, the how to pick a trim guide, or our mid-trim value research when you need the bigger shopping path behind this one matchup.

How much more does the 2024 TX 500h F SPORT Premium cost than the 350 Luxury?

The 500h F SPORT Premium starts at $68,000 compared to $59,600 for the 350 Luxury. That is a $8,400 difference, or approximately $147/month more on a 60-month loan.

Do the 2024 Lexus TX 350 Luxury and 500h F SPORT Premium have the same engine?

No. The 350 Luxury uses a 2.4L I4 Turbo (275 hp, 317 lb-ft), while the 500h F SPORT Premium has the 2.4L I4 hybrid Turbo (366 hp, 406 lb-ft). That is 91 more horsepower. Both pair with the same 8-speed automatic.

Does the 2024 TX 350 Luxury come with AWD?

No. The 350 Luxury comes standard with FWD while the 500h F SPORT Premium has AWD. This affects traction, fuel economy, and curb weight.

What warranty does the 2024 Lexus TX come with?

All 2024 Lexus TX trims, including both the 350 Luxury and 500h F SPORT Premium, come with Lexus's standard warranty: 4yr/50k bumper-to-bumper and 6yr/70k powertrain coverage. Warranty does not vary by trim level.

Is the 2024 Lexus TX 500h F SPORT Premium worth $8,400 more than the 350 Luxury?

The 500h F SPORT Premium changes both the engine and drivetrain for $8,400 more. That is a hardware upgrade, not just a feature bump.

Which 2024 Lexus TX trim gets better fuel economy, the 350 Luxury or the 500h F SPORT Premium?

The 500h F SPORT Premium is the more efficient of the two at 27 combined MPG, versus 23 for the other trim. That matters most if you are balancing running costs against the extra power, drivetrain, or comfort equipment tied to the pricier trim.

Breaking Down the $8,400 Gap

The 500h F SPORT Premium earns its premium. For $8,400 more, you get the 2.4L I4 hybrid Turbo engine (+91 hp) and AWD, making this one of the more straightforward upgrade decisions in the TX lineup.

How the 350 Luxury and 500h F SPORT Premium Feel Different

Moving from the 350 Luxury to the 500h F SPORT Premium means a different engine entirely. That means 91 more horsepower and 89 more lb-ft of torque. You will notice it most when merging, passing, or climbing at speed. AWD on the 500h F SPORT Premium means better grip in bad weather. If you live somewhere with mild winters, the 350 Luxury's FWD may be fine.

Fuel Economy Comparison

The TX 500h F SPORT Premium gets 4 more combined MPG. At $3.50/gallon and 12,000 miles/year, that saves roughly $270 per year or $1,350 over five years of ownership.

The Short Version

The TX 500h F SPORT Premium costs $8,400 more than the 350 Luxury (about $147/month more on a 60-month loan). That buys 6 meaningful changes at $1,400 per change. Whether that trade-off is worth it depends on which features matter to your daily driving.

Trim-Matched Accessories

These add-ons are split by trim intent so the recommendations follow the actual use case, not just the same repeated product block.

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Specifications shown combine licensed third-party automotive data with official manufacturer, EPA, and NHTSA source material for the 2024 model year. Actual pricing, features, and availability may vary by region and dealer. Always confirm details with an authorized dealer before making a purchase decision. TrimAtlas is not affiliated with Lexus or any dealership.

Page updated 2026-03-18. Verify equipment, pricing, and regional availability with the manufacturer or dealer.

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