Lexus NX 350h Luxury 2WD cost to own in Australia — the true 5-year total
The Lexus NX 350h Luxury 2WD starts at $71,700. Over 5 years, owning one (hybrid) costs about $67,802 in Australia as of July 9, 2026 — $1,130/month, $1.13/km — including depreciation, fuel, maintenance, insurance, financing and rego.
Lexus NX 350h Luxury 2WD incentives & grants
Novated lease (FBT exemption): for a salary-packaged EV the federal FBT exemption can cut the cost substantially — it depends on your income and tax, so it is not in the totals above. Source: ATO.
Lexus NX 350h Luxury 2WD · Australia · 5-year estimate$67,802 total · $1,130/mo · $1.13/km
Where the money goes
| Cost component | Hybrid · Lexus NX 350h Luxury |
|---|---|
| Depreciation (estimated) | $30,114 (44%) |
| Charging / fuel | $4,890 (7%) |
| ↳ of which charging loss | — |
| Maintenance | $5,502 (8%) |
| Insurance | $10,000 (15%) |
| Financing interest | $12,921 (19%) |
| Registration & fees | $4,375 (6%) |
| Total cost of ownership | $67,802 |
Lexus NX 350h Luxury 2WD specs & assumptions
- Starting price
- $71,700manufacturer
- Powertrain
- Hybrid
- Efficiency
- 5 L/100kmADR
- Australia electricity
- 33.00c/kWhAER
- Annual km (assumed)
- 12,000Australia average
Compare the Lexus NX 350h Luxury 2WD against any car, your km & your scenario
What the numbers say
The Lexus NX 350h Luxury 2WD costs about $67,802 to own over 5 years in Australia — $1,130/month, $1.13/km at 12,000 km/yr — and depreciation is the biggest line: $30,114, 44% of the total (as of July 9, 2026).
- On cost per month the Lexus NX 350h Luxury 2WD ranks #14 of 26 midsize SUV models we track in Australia.
- Where the Lexus NX 350h Luxury 2WD's $67,802 actually goes: depreciation $30,114 (44%), financing interest $12,921 (19%), insurance $10,000 (15%), maintenance $5,502 (8%), petrol $4,890 (7%), registration & fees $4,375 (6%).
- Per km, that is $0.50 of depreciation and $0.08 of petrol, with $0.55 for everything else — $1.13/km all-in.
- Petrol vs the fleet: the Lexus NX 350h Luxury 2WD's 5-year petrol bill ($4,890) runs $1,641 below the $6,531 median of the 37 petrol and hybrid models we price at the same rates.
What we assume for maintenance
Assumed $1,100/yr for a hybrid at 12,000 km/yr — about $5,502 of the 5-year total above. On this market's assumptions an EV runs about $330/yr less in maintenance than a petrol car ($950 vs $1,280). See the methodology for sources; adjustable in the calculator.