Lexus TX trim comparison
2024 Lexus TX 350 Premium vs 550h+ Luxury
The TX 350 Premium starts at $57,100 while the 550h+ Luxury is $76,700. That $19,600 gap buys 6 meaningful differences.
This is a powertrain and drivetrain change. The 550h+ Luxury gets the 3.5L V6 phev and AWD, so the $19,600 is buying a different driving experience, not just nicer trim.
Choose the 350 Premium if the 2.4L I4 Turbo with FWD already covers the way you drive. Move to the 550h+ Luxury only when the 3.5L V6 phev and AWD combo is the reason you are shopping higher, because that is the real hardware split here.
Think about this as a monthly tradeoff, not just a sticker gap. The 550h+ Luxury adds about $345/month on a typical 60-month loan, or around $20,700 more overall with interest. The payment only makes sense if that different powertrain matters to the way you actually drive, tow, or live with the vehicle.
Lock one trim, change the other side, and move through exact pair pages without resetting back to the full lineup every time.
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
Both the 350 Premium and 550h+ Luxury share the same identical wheelbase and body dimensions.
The upgrade math
You are paying $19,600 for 5 measurable differences, which works out to about $3,920 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.
Every Difference, Side by Side
This is the full read behind the quick decision signals above: the complete hardware, comfort, and equipment story. 6 specification differences, 0 shared.
Full Specification Comparison
Specifications reflect available data as of early 2024. Confirm details with an authorized dealer before purchasing.
| Spec | 350 Premium | 550h+ Luxury |
|---|---|---|
| Pricing | ||
| MSRP | $57,100 | $76,700 |
| Powertrain | ||
| Engine | 2.4L I4 Turbo | 3.5L V6 phev |
| Horsepower | 275 hp | 404 hp |
| Torque | 317 lb-ft | No published data |
| Transmission | 8-speed automatic | continuously variable-speed automatic |
| Drivetrain | FWD | AWD |
| Fuel Economy | ||
| City MPG | 21 | No published data |
| Highway MPG | 27 | No published data |
| Combined MPG | 23 | No published data |
| Fuel Tank | 17.8 gal | 14.5 gal |
| Annual Fuel Cost (EPA) | $2,500/yr | No published data |
| Dimensions | ||
| Curb Weight | 4,520 lbs | 5,400 lbs |
| Wheelbase | 116.1" | 116.1" |
| Length | 203.1" | 203.1" |
| Width | 78.3" | 78.3" |
| Height | 70.1" | 70.1" |
| Warranty | ||
| Bumper-to-Bumper | 4yr/50k | 4yr/50k |
| Powertrain | 6yr/70k | 6yr/70k |
| Corrosion | 6yr/unlimited | 6yr/unlimited |
| Roadside Assistance | 4yr/unlimited | 4yr/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 Premium vs 550h+ Luxury 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 550h+ Luxury cost than the 350 Premium?
The 550h+ Luxury starts at $76,700 compared to $57,100 for the 350 Premium. That is a $19,600 difference, or approximately $345/month more on a 60-month loan.
Do the 2024 Lexus TX 350 Premium and 550h+ Luxury have the same engine?
No. The 350 Premium uses a 2.4L I4 Turbo (275 hp, 317 lb-ft), while the 550h+ Luxury has the 3.5L V6 phev (404 hp). That is 129 more horsepower. Both pair with the same 8-speed automatic.
Does the 2024 TX 350 Premium come with AWD?
No. The 350 Premium comes standard with FWD while the 550h+ Luxury 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 Premium and 550h+ Luxury, 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 550h+ Luxury worth $19,600 more than the 350 Premium?
The 550h+ Luxury changes both the engine and drivetrain for $19,600 more. That is a hardware upgrade, not just a feature bump.
The Full Story Behind This Price Gap
Use the direct answer above for this exact matchup, then use these guides to understand whether you are really looking at a feature step-up, a package shuffle, or the point where the lineup starts changing in a meaningful way.
Breaking Down the $19,600 Gap
The TX 550h+ Luxury costs $19,600 more than the 350 Premium. Whether that is worth it depends on how much you value the 3.5L V6 phev engine (+129 hp) and AWD. Power and comfort matter differently to different buyers. Weigh them against your priorities.
How the 350 Premium and 550h+ Luxury Feel Different
Moving from the 350 Premium to the 550h+ Luxury means a different engine entirely. The 550h+ Luxury includes AWD, which adds confidence in rain, snow, and light off-road conditions. It also increases curb weight and slightly reduces fuel economy.
The Short Version
$19,600 more for the TX 550h+ Luxury gets you 5 real differences. At $345/month more, the question is whether those specific changes are things you will use regularly.
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.
Lexus TX 350 Premium
Value-trim add-onsThese picks fit the 350 Premium best when the goal is covering the daily-use gaps without paying up to the next trim.
Lexus TX 550h+ Luxury
Step-up trim add-onsThese picks suit the 550h+ Luxury when you want the accessories to match the nicer cabin, broader utility, or more premium use case.
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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.