Lexus LM review

The normal rules don’t really apply here, although apparently some wealthy private families have ordered a few LMs. Mostly this is a car aimed at luxury hotel chains, executive car and high-end private hire companies or embassies. Lexus UK has surprised itself by taking 170 orders so far, surpassing expectations. It’s targeting 250 sales in 2024.

For context, it will sell a mere 20 LS 500h saloons this year. Prices start at £89,995 for the front-drive LM, the four-seat all-singing Takumi grade version costing £112,995. A modified V-Class or highly specced Range Rover would be double that.
   
The LM will return around 38mpg combined. For a car destined to remain a rare sight, residual values will remain competitive, at 57 per cent after three years. Lexus already tops most customer satisfaction surveys and sees no need to adopt any fancy new strategies for the LM.