Car Buyer's Guide

Overview

The Lexus ES is a five-seat executive sedan entering its eighth generation for 2026. Malaysia is set to receive the ES 300h with hybrid petrol/REV power, aimed at buyers who want a Lexus saloon rather than an SUV. Official pricing is TBA, although the latest estimate starts from RM366,888.

ES in 2026 — what's new

The 2026 Lexus ES is an all-new, eighth-generation sedan and is due to launch in Malaysia soon. The confirmed Malaysian direction is hybrid power, with the ES 300h named for the local range. An electric ES has been teased as a possibility, but no Malaysian EV variant has been confirmed. The current Malaysian line-up consists of the single five-seat ES 300h, with pricing still to be announced.

Variant (1)

Other ES generations on sale

XZ10 Facelift 2021–present

Lexus ES buyer's guides & reviews

Verdict

The eighth-generation ES brings hybrid power to Lexus Malaysia’s executive-sedan offering, but the final equipment list and retail price remain key unknowns. Its predecessor made a strong case through its design, build quality, material selection and driving experience, so the new car has a credible foundation. For now, the ES 300h is one for buyers prepared to wait for full Malaysian specifications rather than shop on price alone.

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

Lexus ES sales in Malaysia

9 registered so far in 2026 — Malaysia's #245 best-selling model this year.

19 May 2025 Jun 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 62% of its original value — broadly in line with the market average of 64%. 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 RM234,900 69%
2023 RM211,600 62%
2022 RM199,200 61%
2021 RM181,900 55%
2020 RM172,300 52%
2019 RM150,100 50%
2018 RM107,900 37%
2017 RM96,400 33%

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 has an official Malaysian price of TBA. The latest estimate places the starting price from RM366,888, but this is not final retail pricing.

What do you get in the Lexus ES?

Malaysia’s currently named ES is the five-seat ES 300h with hybrid petrol/REV power. Full local equipment specifications have not yet been confirmed.

Is the 2026 Lexus ES a hybrid or an EV?

The Malaysian ES 300h is listed with hybrid petrol/REV power. A Malaysian electric ES has not been confirmed, despite an EV version being raised as a possibility.

How many Lexus ES variants are available in Malaysia?

One variant is currently named for Malaysia: the ES 300h. No additional Malaysian trims or price points have been confirmed.

Latest Lexus ES news