2026 Lexus TX 550h+ in Nightfall Mica dark blue exterior, side profile with city skyline

The 2026 Lexus TX lineup spans $57,140 to $79,510 before destination. Photo: Lexus USA Newsroom.

2026 Lexus TX: Edison Pricing & Leasing Guide

Quick Answer: What a 2026 TX Costs in New Jersey

MSRPs run from $57,140 (TX 350 Standard FWD) to $79,510 (TX 550h+ Luxury), before the $1,550 destination charge Lexus adds to every 2026 TX. On top of that, New Jersey applies a flat 6.625% sales tax statewide — there's no local add-on anywhere in the state, including Edison. The plug-in TX 550h+ does NOT qualify for New Jersey's zero-emission-vehicle sales-tax exemption, since that exemption is limited to full battery-electric and fuel-cell vehicles. Leasing is a common path into a TX given how much the powertrain and grade choice affects the payment; Lexus Financial Services and Lexus of Edison's own specials page carry current TX-specific offers that change monthly.

Every 2026 TX grade, MSRP before destination

The full 2026 TX pricing ladder, computed from Lexus's own official MSRP-plus-DPH press-release table: TX 350 Standard $57,140 FWD / $58,540 AWD, Premium $59,740 / $61,340, Luxury $62,090 / $63,690. TX 350 F Sport Handling $66,210 (AWD only). TX 500h F Sport Performance Premium $70,460, Luxury $73,610 (both AWD only). TX 550h+ Luxury $79,510 (AWD only, single grade). Add $1,550 destination to every figure above to get the out-the-door sticker before tax, title, and registration. These numbers reflect Lexus's official press-release pricing table; treat any third-party total that's noticeably lower as a stale pre-launch estimate rather than the current figure.

What New Jersey adds on top

New Jersey's vehicle sales tax is a flat 6.625% statewide, with no county or municipal add-on — Edison, Highland Park, and Metuchen buyers all pay the identical rate. On a $65,000 out-the-door TX before tax, that's roughly $4,306 in state sales tax alone. A trade-in reduces the taxable amount, so trading a car in as part of the deal lowers the tax bill, not just the cash due. One nuance specific to this model: New Jersey exempts zero-emission vehicles (full battery-electric and fuel-cell vehicles) from sales tax entirely, but that exemption does not extend to plug-in hybrids — the TX 550h+ is taxed at the same 6.625% as every gas or turbo-hybrid TX, despite its plug. Registration, title fees, and any applicable New Jersey incentive programs for plug-in vehicles are worth confirming directly, since state incentive programs are periodically updated or paused and shouldn't be assumed to apply without checking current status.

Buy or lease?

Leasing is a common path into a new TX, and the spread between grades makes the case a little stronger than on a simpler lineup: with a $22,370 gap between the least and most expensive 2026 TX, a lease shortens the financial commitment on whichever powertrain you land on, and makes it easier to move up or down the ladder next time around if your seating or range needs change. The trade-off is the one every lease carries — no equity build, mileage limits, and a payment that continues indefinitely rather than ending. Buying makes more sense if you plan to keep the TX past the typical 3-year lease term or put on more than the standard 10,000-12,000 annual miles a lease allows before per-mile overage charges kick in. Lexus Financial Services and Lexus of Edison both publish current lease specials that change monthly — the number that matters most for comparison is the effective monthly cost including any due-at-signing amount, not just the advertised payment.

What actually moves the price

Powertrain is the single biggest lever: choosing TX 350 Standard FWD over TX 550h+ Luxury is a $22,370 MSRP swing before destination and tax — more than the price of an entire second economy car. Within the TX 350 line, the jump from Standard to Premium is the smallest step (about $2,600), while Luxury and F Sport Handling both represent bigger leaps, and F Sport Handling specifically sits above Luxury rather than below it, which isn't the case on every Lexus SUV line. AWD itself carries a real premium on the TX 350 — $1,400 at Standard, $1,600 at Premium and Luxury — worth weighing against how much winter-traction value it actually delivers for your specific commute, since every other TX powertrain (500h, 550h+) comes AWD-standard with no FWD option to compare against.

Frequently asked questions

How much will the Lexus TX cost?

MSRP ranges from $57,140 (TX 350 Standard FWD) to $79,510 (TX 550h+ Luxury) before the $1,550 destination charge. Actual out-the-door price adds New Jersey's 6.625% sales tax, title, registration, and any dealer-installed options on top of whatever the dealer's selling price ends up being.

How much is it to lease a 2026 Lexus TX?

Lease payments depend on grade, powertrain, term length, mileage allowance, and any money due at signing, and Lexus Financial Services updates specific offers monthly. Lexus of Edison can provide a current TX lease quote for the specific grade you're considering — comparing the effective monthly cost across offers is more useful than comparing the advertised payment alone.

Is it better to lease or buy a Lexus?

It depends on how long you plan to keep the vehicle and how many miles you drive. Leasing suits buyers who want a lower monthly commitment, plan to change vehicles every few years, and stay within standard mileage limits. Buying (or financing) suits buyers who plan to keep the TX long-term or drive more than a lease allows before overage charges apply.

Does the New Jersey EV tax exemption apply to the TX 550h+?

No. New Jersey's zero-emission-vehicle sales-tax exemption is limited to full battery-electric and fuel-cell vehicles. The TX 550h+, despite being a plug-in hybrid, is taxed at the standard 6.625% rate like every other TX powertrain.

Talk numbers

Every figure above is MSRP — the manufacturer's suggested price, not a guaranteed transaction price. Lexus of Edison sets its own selling price and current incentives, and can provide an up-to-date quote reflecting any active manufacturer or dealer offers on the specific TX grade you're considering. Start with the TX overview if you haven't picked a powertrain yet, or the service & repair guide to understand ownership costs beyond the purchase price.

MSRP figures exclude the $1,550 destination charge plus taxes, title, registration, and dealer-installed options; the dealer sets the actual selling price. New Jersey sales tax figures are illustrative estimates based on the flat 6.625% statewide rate as of this writing; confirm current rate and any applicable exemptions with the New Jersey Motor Vehicle Commission. Lease terms, incentives, and offers change monthly and are not quoted here as current figures — confirm with Lexus of Edison or Lexus Financial Services directly. This is not tax or financial advice.