Car Buyer's Guide

Overview

The Lexus ES is an executive sedan now in its eighth-generation XZ20 form, launched in 2026. It is a five-seat petrol-hybrid sedan for buyers who want Lexus luxury in a conventional three-box body style. Malaysia’s listed ES 300h variant has a price still to be announced, so the model’s price-from figure remains TBA.

ES in 2026 — what's new

The XZ20 Lexus ES is new for 2026, replacing the previous generation with an eighth-generation sedan. Lexus Malaysia has confirmed that the new ES is coming soon, with hybrid power indicated for the local car. The Malaysian line-up currently identifies the ES 300h as the sole variant, using petrol-hybrid power and seating five. No Malaysian price or detailed equipment specification has been announced yet.

Variant (1)

Shopping the previous generation? ES XZ10 (2019) →

Other ES generations on sale

XZ10 Facelift 2021–present

Lexus ES buyer's guides & reviews

Verdict

The new XZ20 ES arrives with a clear brief: a five-seat executive sedan with petrol-hybrid power. But Malaysia’s final assessment has to wait for the confirmed price and equipment list. The outgoing ES showed Lexus could deliver strong attention to design, build quality, material selection and driving experience; those observations cannot yet be carried across wholesale to this new generation.

Buying a new ES? Sell your old car for a better price, get paid in 24 hours

Lexus ES sales in Malaysia

11 registered so far in 2026 — Malaysia's #248 best-selling model this year. 2 were registered in Jul 2026, the latest month on record.

Jun 2025: 11 Jul 2025: 7 Sep 2025: 7 Oct 2025: 19 19 Nov 2025: 6 Dec 2025: 11 Jan 2026: 1 Feb 2026: 3 Mar 2026: 2 May 2026: 2 Jun 2026: 1 Jul 2026: 2 Jun 2025 Jul 2026 Full ES sales data, month by month →

Lexus ES resale value

What a used ES holds of its price, by registration year: the trade-guide value insurers and dealers reference, and the price the market typically asks.

A three-year-old ES holds about 61% of its original value — broadly in line with the market average of 62%. The slower the line falls, the better it holds its value.
0% 50% 100% 1 2 3 4 5 6 7 8 9 10 Age (years)
Lexus ES Market average
Year Trade guide Typical asking Holds
2026 RM356,900 100%
2025 RM291,600 85%
2024 RM230,250 67%
2023 RM207,400 61%
2022 RM195,250 59%
2021 RM178,300 54%
2020 RM168,900 51%
2019 RM147,100 49%
2018 RM105,800 36%
2017 RM94,500 32%

Trade-guide and market listing data, West Malaysia. Actual prices vary with condition, mileage and variant; "holds" compares against that year's new price.

Generations

Lexus ES FAQ

How much is the Lexus ES in Malaysia?

The 2026 Lexus ES 300h is listed with a Malaysian price of TBA. Lexus Malaysia has indicated that the new ES is coming soon, but has not announced its final local price.

What do you get in the Lexus ES?

The Malaysian ES currently identified is the ES 300h. It has petrol-hybrid power and five seats. Detailed Malaysian equipment specifications have not been announced.

Is the 2026 Lexus ES a new generation?

Yes. The 2026 Lexus ES is the eighth-generation XZ20 sedan, launched in 2026.

Will the Lexus ES be sold as an EV in Malaysia?

Malaysia has been indicated to receive the new ES with hybrid power. The locally identified variant is the petrol-hybrid ES 300h; no Malaysian EV variant has been confirmed.

Latest Lexus ES news