Car Buyer's Guide

Overview

The Lexus ES is an executive-class five-seat sedan for buyers who want a petrol-hybrid alternative in a traditional three-box luxury car. The 2026 XZ20 is the eighth-generation ES, and Malaysia’s listed 300h variant has pricing still to be announced. It is a straightforward range at launch: one hybrid sedan, one seating layout.

ES in 2026 — what's new

The 2026 Lexus ES is the new eighth-generation XZ20 sedan. Malaysia’s range starts with the ES 300h, a five-seat petrol hybrid, with its price yet to be confirmed. The new-generation ES has also begun regional roll-out in hybrid and electric forms, but the Malaysian listing is for the 300h hybrid. This is the current ES range for 2026.

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 XZ20 ES takes a clean, simple route into the executive-sedan class: a five-seat petrol hybrid in a sole 300h variant. That keeps the buying decision uncomplicated, but also leaves little scope to tailor trim or powertrain within the Malaysian range. The key unanswered detail is price, so a firm value call has to wait until Lexus Malaysia confirms it.

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

Lexus ES sales in Malaysia

12 registered so far in 2026 — Malaysia's #255 best-selling model this year. 1 were registered in Aug 2026, the latest month on record.

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 Aug 2026: 1 Jul 2025 Aug 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 Lexus ES 300h is listed with pricing yet to be announced.

What do you get in the Lexus ES?

Malaysia’s listed ES is the 300h, with a petrol-hybrid powertrain and five seats. Full local equipment details are yet to be confirmed.

Is the 2026 Lexus ES a new generation?

Yes. The 2026 ES is the eighth-generation XZ20 sedan.

Is the Lexus ES sold as an electric car in Malaysia?

Malaysia’s listed ES is the petrol-hybrid 300h. The local listing does not name an electric ES variant.

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