Car Buyer's Guide

Overview

The Lexus ES is an executive sedan for buyers who want a five-seat, front-wheel-drive petrol hybrid rather than an SUV. The eighth-generation XZ20 arrives in Malaysia for 2026 with one 300h variant, priced from RM366,888, using a 1,987 cc hybrid powertrain and eCVT automatic transmission.

ES in 2026 — what's new

The 2026 Lexus ES is the newly launched eighth-generation XZ20 sedan. Malaysia’s range starts and ends with the ES 300h, a front-wheel-drive petrol hybrid with 261 hp, a 1,987 cc engine and an eCVT automatic gearbox. It seats five. The Indonesian launch includes hybrid and electric ES versions, but the Malaysian line-up is centred on the hybrid 300h.

Verdict

The new ES makes a clear case on paper as a five-seat executive sedan with petrol-hybrid power, 261 hp and front-wheel drive. Its Malaysian range is admirably simple, with one 300h specification instead of a long trim walk. At RM366,888, however, the decision rests on how much buyers want this particular hybrid executive-sedan format and its published specification.

Variant (1)

RM366,888 · est. from RM3,745/mo

Shopping the previous generation? ES XZ10 (2019) →

Other ES generations on sale

XZ10 Facelift 2021–present

Lexus ES buyer's guides & reviews

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

Lexus ES sales in Malaysia

14 registered so far in 2026 — Malaysia's #254 best-selling model this year. 2 were registered in Sep 2026, the latest month on record.

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 Aug 2026: 1 Sep 2026: 2 Sep 2025 Sep 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

Rivals to consider

same class, similar money

Lexus ES FAQ

How much is the Lexus ES in Malaysia?

The Lexus ES costs RM366,888 in Malaysia. The price is for the sole ES 300h variant.

What do you get in the Lexus ES?

The Malaysian ES is a five-seat, front-wheel-drive executive sedan with a 1,987 cc petrol-hybrid powertrain, 261 hp and an eCVT automatic gearbox.

What engine does the Lexus ES 300h use?

The ES 300h uses a 1,987 cc petrol-hybrid powertrain rated at 261 hp. It sends drive to the front wheels through an eCVT automatic transmission.

Is the Lexus ES available as an EV in Malaysia?

Malaysia’s Lexus ES range consists of the petrol-hybrid ES 300h. The local model is not listed with an EV variant.

Latest Lexus ES news