V8 facing the axe: 2026 Lexus LC500 could be the last in the run as dealer memo suggests rival to BMW 8 Series and Audi A7 is on its last legs

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Lexus LC500 Convertible
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Chris Thompson

Senior Journalist

2 min read

A dealer memo in the US suggests a much-loved grand touring sports car could be on the way out.

The 2026 Lexus LC500 and its convertible variant might be on their last legs if a letter sent to North American dealers by Lexus is accurate.

Published by Carscoops, the dealer letter says the 2026 model year will be the final year of production for the LC500 and LC500 Convertible, though doesn’t note any details for production of the LC500h hybrid.

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It could suggest the V8 that powers the LC500 - Lexus’ 2UR-GSE co-developed with Yamaha - is due to end production. The LC500 is the only model still using the specific version of the engine, which was once found in other V8-powered Lexus models.

In the LC500, the 5.0-litre naturally aspirated unit makes a healthy 351kW and 540Nm, and when revved out to its 7300rpm redline sounds inarguably intoxicating. Yamaha’s help made it a widely loved engine for its sound alone.

The hybrid LC500h has instead a 3.5-litre V6 under the long bonnet with electric assistance to help it drink far less fuel than the V8 - though it only makes 264kW.

The published letter to dealers suggests August 2026 will mark the end of production, though Lexus hasn’t publicly confirmed this.

If the LC500 ends production next year, it’ll have a near-decade-long run since its 2017 introduction.

CarsGuide has contacted Lexus Australia for word on whether this has been confirmed internationally, and whether there’s any information on an end date for the LC500 here.

Photo of Chris Thompson
Chris Thompson

Senior Journalist

Racing video games, car-spotting on road trips, and helping wash the family VL Calais Turbo as a kid were all early indicators that an interest in cars would stay present in Chris’ life, but loading up his 1990 VW Golf GTI Mk2 and moving from hometown Brisbane to work in automotive publishing in Melbourne ensured cars would be a constant. With a few years as MOTOR Magazine’s first digital journalist under his belt, followed by a stint as a staff journalist for Wheels Magazine, Chris’ career already speaks to a passion for anything with four wheels, especially the 1989 Mazda MX-5 he currently owns. From spending entire weeks dissecting the dynamic abilities of sports cars to weighing up the practical options for car buyers from all walks of life, Chris’ love for writing and talking about cars means if you’ve got a motoring question, he can give you an answer.
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