2023 Lexus LC 500 Review

Name: 2023 Lexus LC 500 Review
Brand: Lexus

Price: $92,229

The 2023 LC 500 is a gorgeous car with a glorious V8 engine, a smooth ride, and a quiet, luxurious interior highlighted by advanced, even avant-garde design. It won't click with everyone, but it's tremendous fun to drive, especially on a straight, open road. Its weight and handling hinder it from competing as a true sports car. But as a cushy grand-touring, road-trip style of car, the LC excels.

See all features & specs

Price & Payment

14 cars

$68,622 avg. price

Min$

Max$

See listings

Appraise My 2023 Lexus LC 500

Lexus LC 500 model years

Lexus LC 500 for Sale

2023 Lexus LC 500 Review

by the Edmunds Experts

1/24/2023

What's new

Small changes to suspension tuning
Part of the first LC 500 generation introduced for 2018

What is the LC 500?

The Lexus LC 500 is the brand's halo car — a vehicle that represents the highest expression of the brand's styling, technology and performance. It is an elegantly styled coupe or convertible powered by a melodious 471-horsepower V8 and a 10-speed automatic transmission. It isn't the fastest or best-handling car in this price range, but it is certainly one of the most stylish, premium-feeling and comfortable luxury sport coupes on the road today.

For 2022, Lexus revised the LC 500's suspension tuning even further after the 2021 model had received an updated suspension, updated wheels, and revised vehicle stability control. Lexus also introduced the Bespoke Build configurator, which allows you to customize your LC 500's colors, wheel design, glass or carbon-fiber roof and select exclusive options.

We don't expect any drastic changes to the 2023 LC 500 beyond a possible addition to the LC lineup. In April, Lexus Racing USA posted a teaser image of what appears to be the silhouette of an LC 500, with an "F" highlighted in the background. It is the same F used in Lexus' performance models. The photo's caption says "Highest expression of performance." This could mean one of two things: It could be either an F Sport package that typically includes cosmetic upgrades and a revised suspension, or it might preview a full-blown LC F model, which would have more drastic changes to boost performance, such as a different engine, brakes and stiffer suspension.

Edmunds says

The Lexus LC 500 is already a special vehicle that has more personality than performance, but the possible addition of a higher-performance F model for 2023 might be enough to take the LC to another level. We'll update this page as soon as we get the full details on the 2023 LC 500.

Cost to Drive^{Cost to drive estimates for the 2023 Lexus LC 500 2dr Coupe (5.0L 8cyl 10A) and comparison vehicles are based on 15,000 miles per year (with a mix of 55% city and 45% highway driving) and energy estimates of $4.45 per gallon for premium unleaded in Illinois.}

Monthly estimates based on costs in Illinois

$277/mo

$172/mo

Avg. Midsize Car

Calculate my fuel costs

See Edmunds pricing data

Has Your Car's Value Changed?

Used car values are constantly changing. Edmunds lets you track your vehicle's value over time so you can decide when to sell or trade in.

See pricing history

Lexus LC 500 Reviews

Owner Reviews

4.8

36 reviews

5(81%)

4(14%)

3(5%)

2(0%)

1(0%)

Write a vehicle review See all 36 reviews

Most Helpful Owner Reviews

Bought it for the looks

W.B., 06/29/2017

2018 Lexus LC 500 2dr Coupe (5.0L 8cyl 10A)

Update for July 2018: Having now had the car for a year, I can say it gets better over time. I absolutely adore this car as a daily driver and road-tripper. The highway mileage is so good it seems fake. When cruising in Eco mode I'm easily getting 30 mpg. This doesn't even make sense until you realize the car can switch between Atkinson and Otto cycles. The engine scream never gets … old in Sport+ mode. I just can't get enough. Sometimes I switch to Sport+ just to pass people with that crazy loud noise. After a year I expected to have buyer's remorse, or a wandering eye for the Mercedes AMG GT. Or the Porche 911 Carerra. But no. The LC 500 is a car that just grows on you and still turns heads. It's the supermodel you can actually live with everyday. *** Outstanding visual appeal inside and out, with disappointing acceleration. Go for the bespoke option, even though it's a 3-month wait. Neither the touring nor sport packages gives you the correct combination of options. Here's the combination you want, starting from bone-stock, in order of importance: 1. Limited Slip Differential (LSD), 2. Convenience Package, 3. Heads Up Display (HUD). Done. All other packages and options actually worsen the car's performance. Or they package excellent options (like the retractable spoiler) with unnecessary ones (like Variable Gear-Ratio steering). Basically you want the LSD to correct the flaws in the drivetrain. The stock, active, rear open-differential loses too much horsepower at the wheels. The LSD is mechanical: more horsepower, more traction. With the stock differential, you have to pay attention when you're kicking the tail loose. It's still fun, but the LSD gives you +HP +control. No-brainer option there. The Convenience Package gives you parking assist. You must have this. The dimensions of the car make it difficult to park. Parking assist will save you, again and again. Get it, save your body work, make parking garages your best friend. Option 3, the HUD, is just plain cool. It's actually an unintentional safety feature, keeping your eyes focused at near-driving distance. It even shows the song you've cued up from your phone via Bluetooth. After engine break-in, get the dealer to fix the rev limiter to 7,300rpm. It's limited to 7,000rpm off the lot. Peak horsepower is at 7,100rpm so the rev limiter is ruining the fun. Oh, and don't get the hybrid, seriously. You'll regret it. The 33% savings in mileage is not worth it. Just get a Tesla or a BMW i8. Pros: The looks, the sounds, the textures, a fantasy for the senses. True opulence. The car looks twice as expensive as it costs. Ride quality is Lexus smooth. Excellent steering feedback, in bone stock configuration. A masterpiece of emotional driving, makes you want to drive forever. Cons: Slower than a Roush Mustang 427 because the LC 500 drivetrain is not designed for performance. Handles like a Challenger SRT8 (it's that heavy). Costs more than a BMW M4. Out-of-touch infotainment controls. Why you should buy it: Honestly? Because it gives you the emotional response you would expect from a dream car. If you do not feel this way after seeing it then don't buy it. Simple. I personally would have gotten just as much raw driving pleasure from a Mustang GT. However, I have a transcendental experience every time I drive the LC 500. It just takes my breath away. Configuration reviewed: Black on black V8, Convenience Package, All-Weather Package, Touring Package, Heads Up Display.

Finest quality and most fun auto I've ever owned.

Point Man, 10/03/2018

2018 Lexus LC 500 2dr Coupe (5.0L 8cyl 10A)

When the time came to replace my aging 2008 BMW M6 (V10) the LC 500 immediately caught my eye. My wife has owned various Lexus SUVs for years, and although none of them or their sedans are my cup of tea, the new coupe was something I had to check out. We have a long first hand experience with the exceptional build quality one can expect from Lexus. My first impression was "wow, …

Best high end Sports Coupe on the Market!

Lexus LC500, 05/16/2018

2018 Lexus LC 500 2dr Coupe (5.0L 8cyl 10A)

Ive owed just about everything and purchased the Lexus LC500 recently and had to write a response and review regarding my opinion. First, this car has some of the finest fit and finish materials and unique designs throughout. It is extremely comfortable to drive and more than enough power to enjoy flashing through the 10 speed and let me tell you the sound you can generate with 10 gears …

Had a Corvette Guy High-5 me!

Doug, 08/28/2019

2019 Lexus LC 500 2dr Coupe (5.0L 8cyl 10A)

I have been a Corvette guy since the 60's This car replaces a 2013 427 Preferred / 500HP. Virtually a ZO6 with an iron frame. This car is very fun to look at and to drive. I goes like the wind albeit not quite as fast as my Corvette. It is much more fun for my wife to ride in however. That's a Plus Plus Plus! It's almost embarrassing how many people say "nice car"! Yes not …

We have a limited number of reviews for the 2023 Lexus LC 500, so we've included reviews for other years of the LC 500 since its last redesign.

See all 36 reviews of the Lexus LC 500

Write a vehicle review

2023 LC 500 Highlights

Base MSRP Excludes Destination Fee	$94,450
Engine Type	Gas
Combined MPG	19 MPG
Cost to Drive	$277/month
Seating	4 seats
Cargo Capacity All Seats In Place	5.4 cu.ft.
Drivetrain	rear wheel drive
Warranty	4 years / 50,000 miles

See all features & specs

Safety

Our experts like the LC 500 models:

All-Speed Dynamic Radar Cruise Control: Maintains a set distance between the LC 500 and the car in front, automatically adjusting speed. Can bring the LC 500 to a full stop.
Pre-Collision System: Warns if a front impact is imminent and applies the brakes if you don't respond in time.
Lane Departure Alert with Lane Keep Assist: Warns you of a lane departure when a turn signal isn't used and can automatically steer to maintain lane position.

People who viewed this also viewed

Lexus LS 500
Starting at $77,385

See Lexus LS 500 Inventory

Lexus LC 500 Convertible
Starting at $102,500

See Lexus LC 500 Convertible Inventory

Lexus ES 350
4.5 average Rating out of 16 reviews.
Starting at $41,940

See Lexus ES 350 Inventory

2023 Lexus LC 500 Review

Price & Payment