2024 Lexus GX 550: Ultimate Price, Variants, Mileage, Colours, Speed, Features, Specs & Rivals Guide

2024 lexus gx 550

Looking for an SUV that’s as rugged as it is refined? Meet the 2024 Lexus GX 550—a complete redesign that redefines what it means to blend luxury with adventure. This isn’t just a light update. Lexus has gone all in, giving the GX 550 a bold new look, a more powerful engine, and a tech-filled, upscale interior that’s just as comfortable cruising through city streets as it is charging up rocky trails.

If you’re considering this SUV, here’s everything you need to know—price, trims, mileage, specs, colors, tech, and how it stacks up against the competition.

Quick Overview: What’s New with the 2024 GX 550

Lexus introduced the all-new GX 550 in 2024, and it’s a major leap from the previous generation. It rides on the tough TNGA-F platform (shared with the Toyota Land Cruiser), gets a new twin-turbo V6 engine, and comes with a 10-speed automatic gearbox. The cabin is modern and luxurious, boasting a 14-inch touchscreen and top-tier materials. It’s still a true off-roader, but with more polish than ever.

FeatureDetail
BrandLexus (Toyota Motor Corporation)
Launched2024
TypeMid-size Luxury SUV
PlatformTNGA-F Body-on-Frame
Seating CapacityUp to 7 passengers

Price, Variants, and Mileage

The 2024 GX 550 is offered in six variants, with prices starting at $64,250 and topping out at $81,250. Fuel economy is consistent across all trims, returning an EPA-estimated 17 MPG combined.

VariantPriceMileage (Combined)
Premium$64,25017 MPG
Premium+$69,25017 MPG
Overtrail$69,25017 MPG
Luxury$77,25017 MPG
Overtrail+$77,25017 MPG
Luxury+$81,25017 MPG

Performance and Engine Specs

Under the hood, the GX 550 swaps the outgoing V8 for a new 3.4-liter twin-turbo V6, delivering 349 horsepower and a healthy 479 lb-ft of torque. Every trim features full-time 4WD and a low-range gear, perfect for those who love to venture off-road.

0-60 MPH Times:

  • GX550 Premium: 6.2 seconds
  • Previous GX460: 7.2 seconds
  • Toyota Land Cruiser Hybrid: 7.7 seconds

It’s a noticeable jump in speed and power.

Towing & Payload Capacity

If towing is high on your checklist, the GX 550 doesn’t disappoint. It can pull up to 9,096 pounds, outperforming the Audi Q7 (7,700 lbs) and the BMW X5 (7,200 lbs).

FeatureRating
Max Towing9,096 lbs
Payload Capacity~1,500 lbs

Fuel Efficiency

For all its power, the GX 550 isn’t the most fuel-efficient. Its 17 MPG combined rating lags behind hybrid competitors like the Land Cruiser Hybrid (25 MPG highway), but for a body-on-frame SUV, it’s fairly standard.

Driving ConditionMPG (EPA Est.)
City15 MPG
Highway21 MPG
Combined17 MPG

Interior & Comfort

Lexus really stepped up the luxury game. Inside, the GX 550 is both plush and practical:

  • Semi-aniline leather upholstery in multiple color choices
  • Available captain’s chairs in the second row (reduces seating to six)
  • Overtrail trims come with rugged green and faux-suede finishes
  • Options include massage seats, digital key, and head-up display
Interior FeatureAvailability
Massage Front SeatsLuxury & Luxury+
Digital Gauge ClusterStandard across all trims
Third Row SeatingAll except Overtrail trims
Interior Ambient LightingPremium+ and above
Cooled Center Console BinOptional

Note: The third-row seating is tight for adults. If third-row space is a top priority, the Lexus TX might suit you better.

Color Options

The GX 550 is available in 10 stylish color options, ranging from classy metallics to rugged, trail-friendly tones. The Overtrail trims offer unique two-tone combinations.

#Color Name
1Nori Green Pearl
2Caviar
3Nebula Gray Pearl
4Incognito
5Atomic Silver
6Eminent White Pearl
7Atomic Silver with Black Roof
8Incognito with Black Roof
9Earth with Black Roof
10Two-Tone Combo (Overtrail)

Cargo Space

The GX offers decent cargo capacity, though the floor is a bit high, making heavy lifting a chore.

ConfigurationEstimated Cargo Volume
Behind 3rd Row~11 cubic feet
Behind 2nd RowFits approx. 18 carry-ons
With 2nd & 3rd Rows DownFits approx. 33 carry-ons

Tech and Infotainment

The tech inside the GX 550 is modern and intuitive:

  • 14.0-inch touchscreen with Apple CarPlay and Android Auto
  • 12.3-inch digital instrument cluster
  • Optional 21-speaker Mark Levinson premium audio
  • Wireless charging pad and up to 6 USB-C ports
Tech FeatureAvailability
Wireless CarPlay/Android AutoStandard
Digital ClusterStandard
Mark Levinson Audio SystemOptional
Wireless Phone ChargingOptional

Safety & Driver Assistance

Lexus has packed the GX 550 with the full Lexus Safety System+, which includes:

  • Automatic Emergency Braking
  • Pedestrian Detection
  • Lane Departure Warning
  • Adaptive Cruise Control
  • Lane-Centering Assist

It hasn’t been crash-tested by NHTSA or IIHS yet, but given its platform and safety suite, it’s expected to score well.

Warranty & Maintenance

Lexus goes beyond what many luxury brands offer:

Coverage TypeDuration
Basic Warranty4 years / 50,000 miles
Powertrain Warranty6 years / 70,000 miles
Complimentary Maintenance1 year / 10,000 miles

Compared to German rivals like BMW or Mercedes-Benz, Lexus offers better long-term value when it comes to reliability and ownership costs.

Top Rivals in the Market

Here’s how the GX 550 stacks up against some of its closest competitors:

ModelStarting Price0–60 mph Time
Audi Q7$61,7955.6 sec
Volvo XC90$58,6956.5 sec
Lexus TX$56,4906.8 sec
Lincoln Aviator$60,9905.4 sec

Final Verdict

The 2024 Lexus GX 550 is a fantastic choice if you’re looking for a luxury SUV that doesn’t shy away from rough terrain. It’s incredibly capable off-road, offers impressive towing power, and pampers passengers with a high-end, tech-rich interior. Sure, it’s not the most fuel-efficient option out there—but if you value reliability, comfort, and capability, the GX 550 hits the sweet spot.

In short: it’s the luxury SUV for people who want adventure and elegance in the same package.

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